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First Mid Bancshares, Inc. FMBH Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

Northwest Bancshares logo
Northwest BancsharesNWBI
$2.04M+53.4%
CTB
Community Trust BancorpCTBI
$1.71M+65.6%
HBT
HBT Financial, Inc.HBT
$188K+14.6%
UBS
United BanksharesUBSI
$2.99M-11.2%
First Merchants Corporation logo
First Merchants CorporationFRME
$3.45M+58.1%
Customers Bancorp logo
Customers BancorpCUBI
$3.08M-33.8%

Other financials

Income statement

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Revenue$97.2M+15.4%
Net income$26.3M+18.7%
EPS (diluted)$1.06+14.0%

Balance sheet

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Cash & equivalents$477.0M+137%
Total debt$14.0M-2.1%
Total equity$1.1B+23.6%
Total assets$9.3B+22.7%

Cash flow

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Operating cash flow$25.1M-47.6%
CapEx$2.0M+1.6%
Free cash flow$23.1M-49.7%

Valuation

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Market cap$1.27B+49.3%
Enterprise value$804.37M+21.6%
P/E13.2×+2.7×
P/S3.5×+0.9×

Profitability

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Net margin26.5%+2.0pp
FCF margin27.9%-13.9pp

Returns & leverage

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Return on equity9.8%+0.2pp
Debt / equity0.0×

Where this comes from

Reported directly by First Mid Bancshares, Inc. in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The official record: First Mid Bancshares, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Mid Bancshares, Inc.'s bank owned life insurance income?
First Mid Bancshares, Inc. (FMBH) reported bank owned life insurance income of $1.34M in Q1 2026.
How has First Mid Bancshares, Inc.'s bank owned life insurance income changed year-over-year?
First Mid Bancshares, Inc.'s bank owned life insurance income decreased by 20.6% year-over-year, from $1.69M to $1.34M.
What is the long-term trend for First Mid Bancshares, Inc.'s bank owned life insurance income?
Over 4 years (2021 to 2025), First Mid Bancshares, Inc.'s bank owned life insurance income has grown at a 15.9% compound annual growth rate (CAGR), from $3.04M to $5.48M.
What does bank owned life insurance income mean?
This metric tracks the income earned on life insurance policies purchased by the bank on the lives of key employees or officers. It represents a tax-advantaged investment vehicle used to offset the costs of employee benefit plans.