First Mid Bancshares, Inc. Gross Margin

Gross Margin of FMBH for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.


Highlights and Quick Summary

  • Gross Margin for the quarter ending September 30, 2023 was 101.24% (a 1.2% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin increased by 1.05%
  • Annual Gross Margin for 2022 was 100.13% (a -1.5% decrease from previous year)
  • Annual Gross Margin for 2021 was 101.65% (a 1.63% increase from previous year)
  • Annual Gross Margin for 2020 was 100.02% (a -0.22% decrease from previous year)
  • Twelve month Gross Margin ending September 30, 2023 was 100.45% (a 0.36% increase compared to previous quarter)
  • Twelve month trailing Gross Margin increased by 3.56% year-over-year
Trailing Gross Margin for the last four month:
30 Sep '23 30 Jun '23 31 Mar '23 31 Dec '22
100.45% 100.09% 98.39% 97.0%
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Historical Gross Margin of First Mid Bancshares, Inc.

Most recent Gross Marginof FMBH including historical data for past 10 years.

Interactive Chart of Gross Margin of First Mid Bancshares, Inc.

First Mid Bancshares, Inc. Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2023 101.24% 100.04% 100.2%
2022 100.19% 99.92% 93.62% 94.69% 100.13%
2021 94.42% 94.26% 94.01% 93.08% 101.65%
2020 92.22% 92.42% 92.0% 90.5% 100.02%
2019 89.23% 87.22% 87.77% 88.99% 100.24%
2018 89.91% 91.79% 93.05% 93.99% 100.19%
2017 94.35% 94.61% 95.53% 95.55% 95.01%
2016 95.03% 96.08% 96.09% 96.22% 95.81%
2015 96.08% 95.25% 95.57% 95.47% 95.62%
2014 95.43% 95.58% 95.76% 95.43% 95.55%
2013 95.28% 95.7% 95.17% 94.38% 95.14%
2012 93.48% 91.69%

Business Profile of First Mid Bancshares, Inc.

Sector: Financial
Industry: Banks Regional