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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) and MARINE PRODUCTS CORP (MPX). 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 $64.6M, roughly 1.4× MARINE PRODUCTS CORP). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs 3.7%, a 23.2% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 3.4%). FIRST MID BANCSHARES, INC. produced more free cash flow last quarter ($124.0M vs $4.1M). Over the past eight quarters, FIRST MID BANCSHARES, INC.'s revenue compounded faster (5.0% CAGR vs -3.5%).

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.

West Marine is an American company based in Fort Lauderdale, Florida, which operates a chain of boating supply and fishing retail stores. The company has 247 retail stores in North America. West Marine also runs Blue Future a non profit organization. West Marine's flagship store is in Fort Lauderdale. Opened on November 11, 2011, the store is the company's largest at over 50,000 square feet.

FMBH vs MPX — Head-to-Head

Bigger by revenue
FMBH
FMBH
1.4× larger
FMBH
$88.2M
$64.6M
MPX
Growing faster (revenue YoY)
MPX
MPX
+31.6% gap
MPX
35.0%
3.4%
FMBH
Higher net margin
FMBH
FMBH
23.2% more per $
FMBH
26.8%
3.7%
MPX
More free cash flow
FMBH
FMBH
$119.9M more FCF
FMBH
$124.0M
$4.1M
MPX
Faster 2-yr revenue CAGR
FMBH
FMBH
Annualised
FMBH
5.0%
-3.5%
MPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FMBH
FMBH
MPX
MPX
Revenue
$88.2M
$64.6M
Net Profit
$23.7M
$2.4M
Gross Margin
19.6%
Operating Margin
34.0%
5.8%
Net Margin
26.8%
3.7%
Revenue YoY
3.4%
35.0%
Net Profit YoY
23.5%
-44.6%
EPS (diluted)
$0.98
$0.07

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
MPX
MPX
Q4 25
$88.2M
$64.6M
Q3 25
$89.3M
$53.1M
Q2 25
$87.5M
$67.7M
Q1 25
$84.3M
$59.0M
Q4 24
$85.3M
$47.8M
Q3 24
$80.6M
$49.9M
Q2 24
$79.2M
$69.5M
Q1 24
$79.9M
$69.3M
Net Profit
FMBH
FMBH
MPX
MPX
Q4 25
$23.7M
$2.4M
Q3 25
$22.5M
$2.6M
Q2 25
$23.4M
$4.2M
Q1 25
$22.2M
$2.2M
Q4 24
$19.2M
$4.3M
Q3 24
$19.5M
$3.4M
Q2 24
$19.7M
$5.6M
Q1 24
$20.5M
$4.6M
Gross Margin
FMBH
FMBH
MPX
MPX
Q4 25
19.6%
Q3 25
19.2%
Q2 25
19.1%
Q1 25
18.6%
Q4 24
19.2%
Q3 24
18.4%
Q2 24
18.9%
Q1 24
20.2%
Operating Margin
FMBH
FMBH
MPX
MPX
Q4 25
34.0%
5.8%
Q3 25
32.2%
5.4%
Q2 25
34.4%
7.1%
Q1 25
33.4%
4.4%
Q4 24
29.7%
7.7%
Q3 24
31.5%
7.2%
Q2 24
33.7%
8.3%
Q1 24
33.7%
7.6%
Net Margin
FMBH
FMBH
MPX
MPX
Q4 25
26.8%
3.7%
Q3 25
25.2%
5.0%
Q2 25
26.8%
6.1%
Q1 25
26.3%
3.7%
Q4 24
22.5%
8.9%
Q3 24
24.2%
6.8%
Q2 24
24.9%
8.0%
Q1 24
25.6%
6.6%
EPS (diluted)
FMBH
FMBH
MPX
MPX
Q4 25
$0.98
$0.07
Q3 25
$0.94
$0.07
Q2 25
$0.98
$0.12
Q1 25
$0.93
$0.06
Q4 24
$0.81
$0.13
Q3 24
$0.81
$0.10
Q2 24
$0.82
$0.14
Q1 24
$0.86
$0.13

Balance Sheet & Financial Strength

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

Metric
FMBH
FMBH
MPX
MPX
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$354.5M
Stockholders' EquityBook value
$958.7M
$125.0M
Total Assets
$8.0B
$147.2M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Total Debt
FMBH
FMBH
MPX
MPX
Q4 25
$354.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FMBH
FMBH
MPX
MPX
Q4 25
$958.7M
$125.0M
Q3 25
$932.2M
$126.3M
Q2 25
$894.1M
$127.2M
Q1 25
$870.9M
$126.4M
Q4 24
$846.4M
$129.0M
Q3 24
$858.5M
$128.8M
Q2 24
$813.6M
$129.3M
Q1 24
$798.0M
$151.4M
Total Assets
FMBH
FMBH
MPX
MPX
Q4 25
$8.0B
$147.2M
Q3 25
$7.8B
$179.5M
Q2 25
$7.7B
$173.2M
Q1 25
$7.6B
$182.9M
Q4 24
$7.5B
$171.2M
Q3 24
$7.6B
$176.3M
Q2 24
$7.6B
$175.7M
Q1 24
$7.7B
$204.0M
Debt / Equity
FMBH
FMBH
MPX
MPX
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
MPX
MPX
Operating Cash FlowLast quarter
$130.9M
$4.7M
Free Cash FlowOCF − Capex
$124.0M
$4.1M
FCF MarginFCF / Revenue
140.6%
6.4%
Capex IntensityCapex / Revenue
7.8%
0.9%
Cash ConversionOCF / Net Profit
5.53×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$207.9M
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
MPX
MPX
Q4 25
$130.9M
$4.7M
Q3 25
$33.0M
$2.6M
Q2 25
$7.7M
$-1.6M
Q1 25
$47.9M
$10.8M
Q4 24
$124.4M
$4.6M
Q3 24
$33.1M
$5.1M
Q2 24
$24.0M
$3.8M
Q1 24
$29.0M
$15.9M
Free Cash Flow
FMBH
FMBH
MPX
MPX
Q4 25
$124.0M
$4.1M
Q3 25
$31.9M
$2.1M
Q2 25
$6.0M
$-2.0M
Q1 25
$46.0M
$10.7M
Q4 24
$119.5M
$3.6M
Q3 24
$32.0M
$3.2M
Q2 24
$22.9M
$3.0M
Q1 24
$27.6M
$15.0M
FCF Margin
FMBH
FMBH
MPX
MPX
Q4 25
140.6%
6.4%
Q3 25
35.8%
4.0%
Q2 25
6.8%
-3.0%
Q1 25
54.5%
18.1%
Q4 24
140.0%
7.6%
Q3 24
39.7%
6.5%
Q2 24
28.9%
4.4%
Q1 24
34.5%
21.7%
Capex Intensity
FMBH
FMBH
MPX
MPX
Q4 25
7.8%
0.9%
Q3 25
1.2%
0.8%
Q2 25
2.0%
0.6%
Q1 25
2.3%
0.2%
Q4 24
5.8%
2.1%
Q3 24
1.4%
3.8%
Q2 24
1.4%
1.1%
Q1 24
1.9%
1.3%
Cash Conversion
FMBH
FMBH
MPX
MPX
Q4 25
5.53×
2.00×
Q3 25
1.47×
0.97×
Q2 25
0.33×
-0.39×
Q1 25
2.16×
4.88×
Q4 24
6.49×
1.09×
Q3 24
1.70×
1.51×
Q2 24
1.21×
0.68×
Q1 24
1.42×
3.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMBH
FMBH

Segment breakdown not available.

MPX
MPX

Boats And Accessories$63.4M98%
Parts$1.1M2%

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