Is FIRST MID BANCSHARES, INC. (FMBH) Halal?

NASDAQ Financial Services United States $1.1B
✗ NOT HALAL
Confidence: 95/100
FIRST MID BANCSHARES, INC. (FMBH) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
10.5
Forward: 8.3
EPS
$3.83
Dividend Yield
249.0%
Payout: 25.6%
P/B Ratio
1.0
Revenue
$342M
Growth: 5.1%
Beta
0.8
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 39.6%
Net Margin 27.0%
Return on Equity (ROE) 10.2%
Return on Assets (ROA) 1.2%

Cash Flow & Balance Sheet

Operating Cash Flow$131M
Free Cash Flow$124M
Total Debt$368M
Total Assets$8.0B

Price & Trading

Last Close$40.60
50-Day MA$41.79
200-Day MA$39.25
Avg Volume113K
Beta0.8
52-Week Range
$27.58
$44.85

About FIRST MID BANCSHARES, INC. (FMBH)

CEO
Mr. Joseph R. Dively
Employees
1,170
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$1.1B
Currency
USD

First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate owner and non-owner occupied, and consumer loans, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. In addition, it offers wealth management services, which include estate planning and investment services to individuals; employee benefit services for businesses; and farm management and brokerage services. Further, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.

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Frequently Asked Questions

Is FIRST MID BANCSHARES, INC. (FMBH) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FIRST MID BANCSHARES, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is FIRST MID BANCSHARES, INC.'s debt ratio?

FIRST MID BANCSHARES, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are FIRST MID BANCSHARES, INC.'s key financial metrics?

FIRST MID BANCSHARES, INC. has a market capitalization of $1.1B, trailing P/E ratio of 10.5, and revenue of $342M. Return on equity stands at 10.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.