vs

Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) and McEwen Inc. (MUX). 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× McEwen Inc.). McEwen Inc. runs the higher net margin — 59.0% vs 26.8%, a 32.2% gap on every dollar of revenue. On growth, McEwen Inc. posted the faster year-over-year revenue change (92.8% vs 3.4%). Over the past eight quarters, McEwen Inc.'s revenue compounded faster (25.2% 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.

McEwen Inc (ticker MUX) is a natural resource company primarily engaged in the exploration, development, and production of gold, silver, and copper assets. Its core operations are located across North and South America, serving global commodity markets with a focus on sustainable, responsible mining practices.

FMBH vs MUX — Head-to-Head

Bigger by revenue
FMBH
FMBH
1.4× larger
FMBH
$88.2M
$64.6M
MUX
Growing faster (revenue YoY)
MUX
MUX
+89.4% gap
MUX
92.8%
3.4%
FMBH
Higher net margin
MUX
MUX
32.2% more per $
MUX
59.0%
26.8%
FMBH
Faster 2-yr revenue CAGR
MUX
MUX
Annualised
MUX
25.2%
5.0%
FMBH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FMBH
FMBH
MUX
MUX
Revenue
$88.2M
$64.6M
Net Profit
$23.7M
$38.1M
Gross Margin
26.9%
Operating Margin
34.0%
34.2%
Net Margin
26.8%
59.0%
Revenue YoY
3.4%
92.8%
Net Profit YoY
23.5%
563.1%
EPS (diluted)
$0.98
$0.66

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
MUX
MUX
Q4 25
$88.2M
$64.6M
Q3 25
$89.3M
$50.5M
Q2 25
$87.5M
$46.7M
Q1 25
$84.3M
$35.7M
Q4 24
$85.3M
$33.5M
Q3 24
$80.6M
$52.3M
Q2 24
$79.2M
$47.5M
Q1 24
$79.9M
$41.2M
Net Profit
FMBH
FMBH
MUX
MUX
Q4 25
$23.7M
$38.1M
Q3 25
$22.5M
$-462.0K
Q2 25
$23.4M
$3.0M
Q1 25
$22.2M
$-6.3M
Q4 24
$19.2M
$-8.2M
Q3 24
$19.5M
$-2.1M
Q2 24
$19.7M
$-13.0M
Q1 24
$20.5M
$-20.4M
Gross Margin
FMBH
FMBH
MUX
MUX
Q4 25
26.9%
Q3 25
15.5%
Q2 25
26.3%
Q1 25
28.2%
Q4 24
1.1%
Q3 24
26.4%
Q2 24
22.7%
Q1 24
14.6%
Operating Margin
FMBH
FMBH
MUX
MUX
Q4 25
34.0%
34.2%
Q3 25
32.2%
-16.7%
Q2 25
34.4%
-7.2%
Q1 25
33.4%
-21.4%
Q4 24
29.7%
-43.4%
Q3 24
31.5%
-0.2%
Q2 24
33.7%
-29.4%
Q1 24
33.7%
-53.3%
Net Margin
FMBH
FMBH
MUX
MUX
Q4 25
26.8%
59.0%
Q3 25
25.2%
-0.9%
Q2 25
26.8%
6.5%
Q1 25
26.3%
-17.6%
Q4 24
22.5%
-24.6%
Q3 24
24.2%
-4.0%
Q2 24
24.9%
-27.4%
Q1 24
25.6%
-49.4%
EPS (diluted)
FMBH
FMBH
MUX
MUX
Q4 25
$0.98
$0.66
Q3 25
$0.94
$-0.01
Q2 25
$0.98
$0.06
Q1 25
$0.93
$-0.12
Q4 24
$0.81
$-0.15
Q3 24
$0.81
$-0.04
Q2 24
$0.82
$-0.26
Q1 24
$0.86
$-0.41

Balance Sheet & Financial Strength

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

Metric
FMBH
FMBH
MUX
MUX
Cash + ST InvestmentsLiquidity on hand
$72.1M
Total DebtLower is stronger
$354.5M
$126.2M
Stockholders' EquityBook value
$958.7M
$546.2M
Total Assets
$8.0B
$820.2M
Debt / EquityLower = less leverage
0.37×
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
MUX
MUX
Q4 25
$72.1M
Q3 25
$75.4M
Q2 25
$69.5M
Q1 25
$79.3M
Q4 24
$15.3M
Q3 24
$30.2M
Q2 24
$42.6M
Q1 24
$22.0M
Total Debt
FMBH
FMBH
MUX
MUX
Q4 25
$354.5M
$126.2M
Q3 25
$126.0M
Q2 25
$125.8M
Q1 25
$125.5M
Q4 24
$40.0M
Q3 24
$31.0M
Q2 24
$34.0M
Q1 24
$37.0M
Stockholders' Equity
FMBH
FMBH
MUX
MUX
Q4 25
$958.7M
$546.2M
Q3 25
$932.2M
$488.6M
Q2 25
$894.1M
$484.5M
Q1 25
$870.9M
$479.8M
Q4 24
$846.4M
$495.0M
Q3 24
$858.5M
$502.1M
Q2 24
$813.6M
$485.2M
Q1 24
$798.0M
$482.5M
Total Assets
FMBH
FMBH
MUX
MUX
Q4 25
$8.0B
$820.2M
Q3 25
$7.8B
$747.6M
Q2 25
$7.7B
$735.6M
Q1 25
$7.6B
$730.6M
Q4 24
$7.5B
$664.6M
Q3 24
$7.6B
$667.8M
Q2 24
$7.6B
$645.1M
Q1 24
$7.7B
$638.7M
Debt / Equity
FMBH
FMBH
MUX
MUX
Q4 25
0.37×
0.23×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.08×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.08×

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
MUX
MUX
Operating Cash FlowLast quarter
$130.9M
$3.1M
Free Cash FlowOCF − Capex
$124.0M
FCF MarginFCF / Revenue
140.6%
Capex IntensityCapex / Revenue
7.8%
Cash ConversionOCF / Net Profit
5.53×
0.08×
TTM Free Cash FlowTrailing 4 quarters
$207.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
MUX
MUX
Q4 25
$130.9M
$3.1M
Q3 25
$33.0M
$5.2M
Q2 25
$7.7M
$478.0K
Q1 25
$47.9M
$-1.9M
Q4 24
$124.4M
$-1.2M
Q3 24
$33.1M
$23.2M
Q2 24
$24.0M
$3.6M
Q1 24
$29.0M
$3.9M
Free Cash Flow
FMBH
FMBH
MUX
MUX
Q4 25
$124.0M
Q3 25
$31.9M
Q2 25
$6.0M
Q1 25
$46.0M
Q4 24
$119.5M
Q3 24
$32.0M
Q2 24
$22.9M
Q1 24
$27.6M
FCF Margin
FMBH
FMBH
MUX
MUX
Q4 25
140.6%
Q3 25
35.8%
Q2 25
6.8%
Q1 25
54.5%
Q4 24
140.0%
Q3 24
39.7%
Q2 24
28.9%
Q1 24
34.5%
Capex Intensity
FMBH
FMBH
MUX
MUX
Q4 25
7.8%
Q3 25
1.2%
Q2 25
2.0%
Q1 25
2.3%
Q4 24
5.8%
Q3 24
1.4%
Q2 24
1.4%
Q1 24
1.9%
Cash Conversion
FMBH
FMBH
MUX
MUX
Q4 25
5.53×
0.08×
Q3 25
1.47×
Q2 25
0.33×
0.16×
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.

Related Comparisons