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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) and LifeMD, Inc. (LFMD). Click either name above to swap in a different company.

FIRST MID BANCSHARES, INC. is the larger business by last-quarter revenue ($88.2M vs $60.2M, roughly 1.5× LifeMD, Inc.). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs -6.3%, a 33.2% gap on every dollar of revenue. On growth, LifeMD, Inc. posted the faster year-over-year revenue change (13.0% vs 3.4%). FIRST MID BANCSHARES, INC. produced more free cash flow last quarter ($124.0M vs $-944.4K). Over the past eight quarters, LifeMD, Inc.'s revenue compounded faster (24.8% CAGR vs 5.0%).

First Mid Bancshares Inc. is a U.S.-headquartered regional financial services holding company. It provides full-range retail and commercial banking products, wealth management, insurance solutions, and agricultural financing, mainly serving individual consumers, small and medium-sized enterprises, and agricultural clients across multiple Midwestern states including Illinois, Missouri, and Indiana.

SBI Life Insurance Company Limited is an Indian life insurance company. It was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif.

FMBH vs LFMD — Head-to-Head

Bigger by revenue
FMBH
FMBH
1.5× larger
FMBH
$88.2M
$60.2M
LFMD
Growing faster (revenue YoY)
LFMD
LFMD
+9.6% gap
LFMD
13.0%
3.4%
FMBH
Higher net margin
FMBH
FMBH
33.2% more per $
FMBH
26.8%
-6.3%
LFMD
More free cash flow
FMBH
FMBH
$125.0M more FCF
FMBH
$124.0M
$-944.4K
LFMD
Faster 2-yr revenue CAGR
LFMD
LFMD
Annualised
LFMD
24.8%
5.0%
FMBH

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FMBH
FMBH
LFMD
LFMD
Revenue
$88.2M
$60.2M
Net Profit
$23.7M
$-3.8M
Gross Margin
87.7%
Operating Margin
34.0%
-3.3%
Net Margin
26.8%
-6.3%
Revenue YoY
3.4%
13.0%
Net Profit YoY
23.5%
18.3%
EPS (diluted)
$0.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FMBH
FMBH
LFMD
LFMD
Q4 25
$88.2M
Q3 25
$89.3M
$60.2M
Q2 25
$87.5M
$62.7M
Q1 25
$84.3M
$64.1M
Q4 24
$85.3M
Q3 24
$80.6M
$53.3M
Q2 24
$79.2M
$50.7M
Q1 24
$79.9M
$44.1M
Net Profit
FMBH
FMBH
LFMD
LFMD
Q4 25
$23.7M
Q3 25
$22.5M
$-3.8M
Q2 25
$23.4M
$-1.6M
Q1 25
$22.2M
$-183.8K
Q4 24
$19.2M
Q3 24
$19.5M
$-4.7M
Q2 24
$19.7M
$-6.9M
Q1 24
$20.5M
$-6.8M
Gross Margin
FMBH
FMBH
LFMD
LFMD
Q4 25
Q3 25
87.7%
Q2 25
88.1%
Q1 25
86.5%
Q4 24
Q3 24
90.6%
Q2 24
90.1%
Q1 24
89.6%
Operating Margin
FMBH
FMBH
LFMD
LFMD
Q4 25
34.0%
Q3 25
32.2%
-3.3%
Q2 25
34.4%
-0.7%
Q1 25
33.4%
1.5%
Q4 24
29.7%
Q3 24
31.5%
-7.5%
Q2 24
33.7%
-12.4%
Q1 24
33.7%
-14.0%
Net Margin
FMBH
FMBH
LFMD
LFMD
Q4 25
26.8%
Q3 25
25.2%
-6.3%
Q2 25
26.8%
-2.6%
Q1 25
26.3%
-0.3%
Q4 24
22.5%
Q3 24
24.2%
-8.7%
Q2 24
24.9%
-13.6%
Q1 24
25.6%
-15.3%
EPS (diluted)
FMBH
FMBH
LFMD
LFMD
Q4 25
$0.98
Q3 25
$0.94
Q2 25
$0.98
$-0.05
Q1 25
$0.93
$-0.02
Q4 24
$0.81
Q3 24
$0.81
$-0.13
Q2 24
$0.82
Q1 24
$0.86

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FMBH
FMBH
LFMD
LFMD
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$354.5M
Stockholders' EquityBook value
$958.7M
$1.3M
Total Assets
$8.0B
$66.0M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
LFMD
LFMD
Q4 25
Q3 25
Q2 25
$36.2M
Q1 25
$34.4M
Q4 24
Q3 24
$37.6M
Q2 24
$35.7M
Q1 24
$35.1M
Total Debt
FMBH
FMBH
LFMD
LFMD
Q4 25
$354.5M
Q3 25
Q2 25
$15.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FMBH
FMBH
LFMD
LFMD
Q4 25
$958.7M
Q3 25
$932.2M
$1.3M
Q2 25
$894.1M
$-1.8M
Q1 25
$870.9M
$-2.3M
Q4 24
$846.4M
Q3 24
$858.5M
$-7.7M
Q2 24
$813.6M
$-4.2M
Q1 24
$798.0M
$-845.3K
Total Assets
FMBH
FMBH
LFMD
LFMD
Q4 25
$8.0B
Q3 25
$7.8B
$66.0M
Q2 25
$7.7B
$73.6M
Q1 25
$7.6B
$73.6M
Q4 24
$7.5B
Q3 24
$7.6B
$72.6M
Q2 24
$7.6B
$63.8M
Q1 24
$7.7B
$61.5M
Debt / Equity
FMBH
FMBH
LFMD
LFMD
Q4 25
0.37×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FMBH
FMBH
LFMD
LFMD
Operating Cash FlowLast quarter
$130.9M
$-147.1K
Free Cash FlowOCF − Capex
$124.0M
$-944.4K
FCF MarginFCF / Revenue
140.6%
-1.6%
Capex IntensityCapex / Revenue
7.8%
1.3%
Cash ConversionOCF / Net Profit
5.53×
TTM Free Cash FlowTrailing 4 quarters
$207.9M
$16.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
LFMD
LFMD
Q4 25
$130.9M
Q3 25
$33.0M
$-147.1K
Q2 25
$7.7M
$8.6M
Q1 25
$47.9M
$3.1M
Q4 24
$124.4M
Q3 24
$33.1M
$6.7M
Q2 24
$24.0M
$4.5M
Q1 24
$29.0M
$5.2M
Free Cash Flow
FMBH
FMBH
LFMD
LFMD
Q4 25
$124.0M
Q3 25
$31.9M
$-944.4K
Q2 25
$6.0M
$7.8M
Q1 25
$46.0M
$2.9M
Q4 24
$119.5M
Q3 24
$32.0M
$6.3M
Q2 24
$22.9M
$3.9M
Q1 24
$27.6M
$5.0M
FCF Margin
FMBH
FMBH
LFMD
LFMD
Q4 25
140.6%
Q3 25
35.8%
-1.6%
Q2 25
6.8%
12.5%
Q1 25
54.5%
4.6%
Q4 24
140.0%
Q3 24
39.7%
11.7%
Q2 24
28.9%
7.7%
Q1 24
34.5%
11.4%
Capex Intensity
FMBH
FMBH
LFMD
LFMD
Q4 25
7.8%
Q3 25
1.2%
1.3%
Q2 25
2.0%
1.3%
Q1 25
2.3%
0.2%
Q4 24
5.8%
Q3 24
1.4%
0.8%
Q2 24
1.4%
1.3%
Q1 24
1.9%
0.4%
Cash Conversion
FMBH
FMBH
LFMD
LFMD
Q4 25
5.53×
Q3 25
1.47×
Q2 25
0.33×
Q1 25
2.16×
Q4 24
6.49×
Q3 24
1.70×
Q2 24
1.21×
Q1 24
1.42×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FMBH
FMBH

Segment breakdown not available.

LFMD
LFMD

Telehealth Subscription Revenue$27.3M45%
Telehealth$20.0M33%
Work Simpli Revenue$12.9M21%
Product And Services$2.5M4%

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