Demonstrações financeiras detalhadas de First Mid Bancshares, Inc. (FMBH): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
First Mid Bancshares, Inc. registou receitas de $466.0M no último exercício, com um CAGR de 5 anos de 18.3%. O lucro líquido atingiu $91.7M, com CAGR de 5 anos de 15.2%.
Margens dos últimos 12 meses: margem bruta 65.2%, margem operacional 16.2%, margem líquida 22.0%. O fluxo de caixa livre cresceu a CAGR de 15.2% em 5 anos.
Ao preço atual de $50.18, FMBH negocia a um P/L de 12.51 e um ROE de 9.86%. A capitalização de mercado é de $1.3B.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $100.4M | $127.5M | $157.0M | $202.2M | $201.4M | $249.7M | $286.3M | $381.6M | $447.3M | $466.0M |
| Custo da Receita | $7.1M | $13.9M | $21.5M | $30.5M | $32.8M | $30.4M | $36.4M | $112.8M | $134.3M | $126.7M |
| Lucro Bruto | $93.3M | $113.6M | $135.5M | $171.8M | $168.5M | $219.3M | $249.9M | $268.8M | $313.0M | $339.3M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $35.2M | $42.0M | $49.7M | $64.8M | $69.4M | $94.9M | $103.4M | $111.3M | $131.0M | $171.2M |
| Despesas Operacionais | $59.5M | $71.8M | $87.0M | $108.5M | $108.8M | $152.5M | $158.6M | $180.4M | $208.6M | $222.2M |
| Lucro Operacional | $33.8M | $41.7M | $48.5M | $63.3M | $59.7M | $66.8M | $91.3M | $88.4M | $104.4M | $117.0M |
| EBITDA | $41.7M | $49.9M | $56.4M | $74.1M | $71.5M | $81.2M | $106.4M | $103.3M | $125.2M | $136.8M |
| Despesas com Juros | $4.3M | $6.5M | $12.8M | $24.0M | $16.7M | $15.3M | $31.6M | $106.7M | $128.7M | $116.8M |
| Lucro Antes de Impostos | $33.8M | $41.7M | $48.5M | $63.3M | $59.7M | $66.8M | $91.3M | $88.4M | $104.4M | $117.0M |
| Imposto | $11.9M | $15.0M | $11.9M | $15.3M | $14.5M | $15.3M | $18.3M | $19.5M | $25.5M | $25.3M |
| Lucro Líquido | $21.8M | $26.7M | $36.6M | $47.9M | $45.3M | $51.5M | $73.0M | $68.9M | $78.9M | $91.7M |
| LPA | $2.07 | $2.13 | $2.53 | $2.88 | $2.71 | $2.88 | $3.62 | $3.17 | $3.31 | $3.84 |
| LPA Diluído | $2.05 | $2.13 | $2.52 | $2.87 | $2.70 | $2.87 | $3.60 | $3.15 | $3.30 | $3.83 |
| Ações em Circulação (Diluídas) | $10.7M | $12.5M | $14.5M | $16.7M | $16.8M | $17.9M | $20.2M | $21.9M | $23.9M | $24.0M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $122.3M | $117.6M | $100.6M | $114.9M |
| Lucro Bruto | $60.4M | $85.9M | $70.8M | $79.7M |
| Lucro Operacional | $28.8M | $30.0M | $7.5M | $7.5M |
| EBITDA | $33.8M | $34.9M | $10.8M | $11.4M |
| Lucro Líquido | $22.5M | $23.7M | $26.3M | $27.8M |
| LPA | $0.94 | $0.99 | $1.06 | $1.05 |
| LPA Diluído | $0.94 | $0.99 | $1.06 | $1.04 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $151.6M | $90.1M | $148.3M | $88.8M | $418.7M | $169.7M | $146.3M | $135.6M | $124.6M | $256.6M |
| Investimentos de Curto Prazo | $619.8M | $578.6M | $692.3M | $685.6M | $879.2M | $1.42B | $1.22B | $1.17B | $1.06B | $828.5M |
| Contas a Receber | $10.6M | $10.8M | $16.9M | $15.6M | $19.3M | $19.9M | $28.4M | $35.1M | $38.6M | $39.9M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $782.0M | $679.5M | $857.5M | $790.0M | $1.32B | $1.61B | $1.39B | $1.34B | $1.23B | $1.13B |
| Imobilizado | $40.3M | $38.3M | $59.1M | $76.5M | $75.4M | $96.6M | $106.2M | $115.7M | $114.1M | $103.5M |
| Ágio | $57.8M | $60.1M | $105.3M | $105.0M | $105.0M | $111.9M | $140.4M | $196.5M | $203.4M | $203.4M |
| Ativos Intangíveis | $12.8M | $10.7M | $33.8M | $28.3M | $23.1M | $29.5M | $29.5M | $67.8M | $58.5M | $49.6M |
| Ativos Totais | $2.88B | $2.84B | $3.84B | $3.84B | $4.73B | $5.99B | $6.74B | $7.59B | $7.52B | $7.97B |
| Contas a Pagar | $535000 | $602000 | $1.8M | $2.3M | $2.3M | $1.3M | $3.3M | $5.4M | $5.3M | $5.8M |
| Dívida de Curto Prazo | $185.8M | $155.4M | $192.3M | $208.1M | $206.9M | $146.3M | $221.4M | $213.7M | $204.1M | $196.7M |
| Passivos Circulantes | $2.52B | $2.43B | $3.18B | $3.13B | $3.90B | $5.10B | $5.48B | $6.34B | $6.27B | $6.60B |
| Dívida de Longo Prazo | $82.1M | $94.4M | $156.5M | $137.8M | $207.2M | $200.0M | $579.0M | $394.6M | $354.3M | $354.5M |
| Passivos Totais | $2.60B | $2.53B | $3.36B | $3.31B | $4.16B | $5.35B | $6.11B | $6.79B | $6.67B | $7.01B |
| Reservas | $86.2M | $104.7M | $131.4M | $166.7M | $197.7M | $234.2M | $289.3M | $338.7M | $395.2M | $463.5M |
| Patrimônio Líquido | $280.7M | $308.0M | $475.9M | $526.6M | $568.2M | $633.9M | $633.2M | $793.2M | $846.4M | $958.7M |
| Dívida Total | $267.8M | $249.7M | $348.8M | $362.9M | $431.5M | $361.6M | $816.4M | $622.9M | $572.6M | $564.4M |
| Dívida Líquida | -$503.7M | -$418.9M | -$491.8M | -$411.5M | -$866.4M | -$1.23B | -$548.8M | -$684.2M | -$615.3M | -$520.7M |
| Capital de Giro | -$1.73B | -$1.75B | -$2.33B | -$2.34B | -$2.58B | -$3.49B | -$4.09B | -$5.00B | -$5.04B | -$5.47B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $278.1M | $256.6M | $479.1M | $303.9M |
| Ativos Totais | $7.83B | $7.97B | $9.29B | $9.21B |
| Passivos Totais | $6.90B | $7.01B | $8.21B | $8.11B |
| Patrimônio Líquido | $932.2M | $958.7M | $1.08B | $1.10B |
| Dívida Total | $563.4M | $564.4M | $612.0M | $612.0M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $21.8M | $26.7M | $36.6M | $47.9M | $45.3M | $51.5M | $73.0M | $68.9M | $78.9M | $91.7M |
| Depreciação e Amortização | $7.9M | $8.1M | $7.9M | $10.8M | $11.7M | $14.4M | $15.1M | $14.9M | $20.8M | $19.8M |
| Compensação em Ações | $384000 | $954000 | $294000 | $453000 | $774000 | $1.3M | $1.8M | $1.7M | $2.4M | $2.6M |
| Variação Capital de Giro | -$2.5M | -$488000 | -$14.3M | -$1.0M | -$1.4M | -$10.7M | -$25.0M | -$28.8M | $21.3M | $9.6M |
| Fluxo de Caixa Operacional | $27.4M | $46.2M | $42.2M | $62.8M | $63.5M | $69.6M | $65.8M | $72.4M | $124.4M | $130.9M |
| CapEx | -$709000 | -$1.3M | -$3.1M | -$4.1M | -$2.5M | -$3.7M | -$5.0M | -$3.6M | -$4.9M | -$6.8M |
| Aquisições | $36.8M | 0 | $56.4M | 0 | 0 | $27.1M | $67.3M | $44.6M | -$8.9M | -$2.4M |
| Recompra de Ações | 0 | -$797000 | -$138000 | -$1.3M | -$213000 | -$326000 | -$340000 | -$465000 | -$659000 | -$724000 |
| Dividendos Pagos | -$6.6M | -$7.2M | -$8.8M | -$11.9M | -$12.8M | -$14.7M | -$17.8M | -$19.6M | -$22.4M | -$23.4M |
| Fluxo de Caixa Livre | $26.7M | $44.9M | $39.1M | $58.7M | $61.1M | $65.9M | $60.8M | $68.8M | $119.5M | $124.0M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $33.0M | $42.2M | $25.1M | $26.3M |
| CapEx | -$1.1M | -$2.0M | -$2.0M | $2.0M |
| Fluxo de Caixa Livre | $31.9M | $40.2M | $23.1M | $28.3M |
| Dividendos Pagos | -$6.0M | -$6.0M | -$6.0M | -$6.6M |
| Compensação em Ações | $637000 | $647000 | $865000 | 0 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +27.0% | +23.1% | +28.8% | -0.4% | +24.0% | +14.7% | +33.3% | +17.2% | +4.2% |
| Crescimento Lucro Líquido (anual) | | +22.2% | +37.2% | +31.0% | -5.6% | +13.7% | +41.7% | -5.5% | +14.5% | +16.3% |
| Crescimento LPA (anual) | | +2.9% | +18.8% | +13.8% | -5.9% | +6.3% | +25.7% | -12.4% | +4.4% | +16.0% |
| Variação de Ações (anual) | | +17.7% | +15.7% | +15.2% | +0.3% | +7.0% | +12.8% | +8.0% | +9.3% | +0.4% |
| Crescimento FCF (anual) | | +68.0% | -13.0% | +50.3% | +4.0% | +7.9% | -7.7% | +13.1% | +73.7% | +3.8% |
| Margem Bruta | 92.9% | 89.1% | 86.3% | 84.9% | 83.7% | 87.8% | 87.3% | 70.4% | 70.0% | 72.8% |
| Margem Operacional | 33.6% | 32.7% | 30.9% | 31.3% | 29.7% | 26.8% | 31.9% | 23.2% | 23.3% | 25.1% |
| Margem EBITDA | 41.5% | 39.1% | 35.9% | 36.6% | 35.5% | 32.5% | 37.2% | 27.1% | 28.0% | 29.4% |
| Margem Líquida | 21.7% | 20.9% | 23.3% | 23.7% | 22.5% | 20.6% | 25.5% | 18.1% | 17.6% | 19.7% |
| Margem FCF | 26.6% | 35.2% | 24.9% | 29.0% | 30.3% | 26.4% | 21.2% | 18.0% | 26.7% | 26.6% |
| Taxa Efetiva de Imposto | 35.3% | 36.0% | 24.5% | 24.2% | 24.2% | 22.9% | 20.1% | 22.0% | 24.4% | 21.6% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $2.51 | $3.58 | $2.69 | $3.51 | $3.64 | $3.67 | $3.00 | $3.14 | $5.00 | $5.17 |
| Dividendo por Ação | $0.62 | $0.58 | $0.61 | $0.71 | $0.76 | $0.82 | $0.88 | $0.89 | $0.94 | $0.98 |
| Ações em Circulação (Básicas) | $10.6M | $12.5M | $14.5M | $16.7M | $16.7M | $17.9M | $20.2M | $21.8M | $23.8M | $23.9M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 9.86% |
| Retorno sobre capital investido | 3.28% |
| Retorno sobre ativos | 1.09% |
| Margem bruta | 65.16% |
| Margem operacional | 16.19% |
| Margem líquida | 22.01% |
Saúde financeira
| Dívida / Patrimônio | 0.56 |
| Liquidez corrente | 0.21 |
| Piotroski F-Score | 7 |
| Altman Z-Score | -0.56 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 16.43 | 18.09 | 12.62 | 12.24 | 12.42 | 14.86 | 8.86 | 10.93 | 11.12 | 10.16 |
| P/VP | 1.28 | 1.57 | 0.97 | 1.12 | 0.99 | 1.21 | 1.02 | 0.95 | 1.04 | 0.97 |
| P/V | 3.57 | 3.79 | 2.95 | 2.91 | 2.79 | 3.07 | 2.26 | 1.98 | 1.96 | 2.00 |
| Margem Bruta | 92.9% | 89.1% | 86.3% | 84.9% | 83.7% | 87.8% | 87.3% | 70.4% | 70.0% | 72.8% |
| Margem Operacional | 33.6% | 32.7% | 30.9% | 31.3% | 29.7% | 26.8% | 31.9% | 23.2% | 23.3% | 25.1% |
| Margem Líquida | 21.7% | 20.9% | 23.3% | 23.7% | 22.5% | 20.6% | 25.5% | 18.1% | 17.6% | 19.7% |