GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Mid Bancshares Inc (NAS:FMBH) » Definitions » Liabilities-to-Assets

First Mid Bancshares (First Mid Bancshares) Liabilities-to-Assets : 0.90 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is First Mid Bancshares Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. First Mid Bancshares's Total Liabilities for the quarter that ended in Mar. 2024 was $6,880.3 Mil. First Mid Bancshares's Total Assets for the quarter that ended in Mar. 2024 was $7,678.2 Mil. Therefore, First Mid Bancshares's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.90.


First Mid Bancshares Liabilities-to-Assets Historical Data

The historical data trend for First Mid Bancshares's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Mid Bancshares Liabilities-to-Assets Chart

First Mid Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.88 0.89 0.91 0.90

First Mid Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.90 0.91 0.90 0.90

Competitive Comparison of First Mid Bancshares's Liabilities-to-Assets

For the Banks - Regional subindustry, First Mid Bancshares's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Mid Bancshares's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Mid Bancshares's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where First Mid Bancshares's Liabilities-to-Assets falls into.



First Mid Bancshares Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

First Mid Bancshares's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=6793.59/7586.794
=0.90

First Mid Bancshares's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=6880.294/7678.246
=0.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Mid Bancshares  (NAS:FMBH) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


First Mid Bancshares Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of First Mid Bancshares's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


First Mid Bancshares (First Mid Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1421 Charleston Avenue, Mattoon, IL, USA, 61938
First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is primarily engaged in the business of banking. It also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.
Executives
Todd J James director 400 BROAD ST, BELOITT WI 53511
Clay M Dean officer: SVP-Chief Deposit Services 2816 WESTERN AVE, MATTOON IL 61938
Robert S Cook director 631 S BODIN ST, HINSDALE IL 60521
Laura J Hughes officer: EVP, Chief Marketing & Deposit 1251 DEER CREEK RDG, DUBUQUE IA 52003
Bradley L Beesley officer: Executive VP-Wealth Management 1906 SUNSET AVE, EFFINGHAM IL 62401
James Kyle Mccurry director 302 CAMPUSVIEW DRIVE, SUITE 108, COLUMBIA MO 65201
Gisele A Marcus director 3827 SHAW BOULEVARD, ST. LOUIS MO 63110
Megan E Mcelwee officer: SVP, Chief Credit Officer 18537 E COUNTY ROAD 1280N, CHARLESTON IL 61920
Anya Y Schuetz officer: VP, Director of Project Mgmt 2119 REYNOLDS DRIVE, CHARLESTON IL 61938
Jordan D. Read officer: SVP, Chief Risk Officer 1713 CHANDLER WAY, ST. CHARLES MO 63303
Rhonda G Gatons officer: SVP, Director Human Resources 909 E 625 NORTH ROAD, TOWER HILL IL 62571
Ray A Sparks director 30 S COUNTRY CLUB RD, MATTOON IL 61938
David R. Hiden officer: SVP, Chief Information Officer 1421 CHARLESTON AVE, MATTOON IL 61938
Zachary Horn director 8 SOUTH WASHINGTON STREET, SULLIVAN IL 61951
Mary Westerhold director 6814 GOSHEN ROAD, EDWARDSVILLE IL 62025