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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) and OR Royalties Inc. (OR). 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 $46.7M, roughly 1.9× OR Royalties Inc.).

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.

OR Royalties Inc. is a Canadian company that holds royalties in gold, silver and diamond mines, principally in the form of net smelter returns and streams.Like its predecessor company, Osisko Mining, it is headquartered in Montreal, Quebec, with shares listed on the Toronto Stock Exchange and the New York Stock Exchange.

FMBH vs OR — Head-to-Head

Bigger by revenue
FMBH
FMBH
1.9× larger
FMBH
$88.2M
$46.7M
OR

Income Statement — Q4 FY2025 vs Q2 FY2022

Metric
FMBH
FMBH
OR
OR
Revenue
$88.2M
$46.7M
Net Profit
$23.7M
Gross Margin
Operating Margin
34.0%
Net Margin
26.8%
Revenue YoY
3.4%
Net Profit YoY
23.5%
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
OR
OR
Q4 25
$88.2M
Q3 25
$89.3M
Q2 25
$87.5M
Q1 25
$84.3M
Q4 24
$85.3M
Q3 24
$80.6M
Q2 24
$79.2M
Q1 24
$79.9M
Net Profit
FMBH
FMBH
OR
OR
Q4 25
$23.7M
Q3 25
$22.5M
Q2 25
$23.4M
Q1 25
$22.2M
Q4 24
$19.2M
Q3 24
$19.5M
Q2 24
$19.7M
Q1 24
$20.5M
Operating Margin
FMBH
FMBH
OR
OR
Q4 25
34.0%
Q3 25
32.2%
Q2 25
34.4%
Q1 25
33.4%
Q4 24
29.7%
Q3 24
31.5%
Q2 24
33.7%
Q1 24
33.7%
Net Margin
FMBH
FMBH
OR
OR
Q4 25
26.8%
Q3 25
25.2%
Q2 25
26.8%
Q1 25
26.3%
Q4 24
22.5%
Q3 24
24.2%
Q2 24
24.9%
Q1 24
25.6%
EPS (diluted)
FMBH
FMBH
OR
OR
Q4 25
$0.98
Q3 25
$0.94
Q2 25
$0.98
Q1 25
$0.93
Q4 24
$0.81
Q3 24
$0.81
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
OR
OR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$354.5M
$222.8M
Stockholders' EquityBook value
$958.7M
$1.3B
Total Assets
$8.0B
Debt / EquityLower = less leverage
0.37×
0.17×

8-quarter trend — quarters aligned by calendar period.

Total Debt
FMBH
FMBH
OR
OR
Q4 25
$354.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FMBH
FMBH
OR
OR
Q4 25
$958.7M
Q3 25
$932.2M
Q2 25
$894.1M
Q1 25
$870.9M
Q4 24
$846.4M
Q3 24
$858.5M
Q2 24
$813.6M
Q1 24
$798.0M
Total Assets
FMBH
FMBH
OR
OR
Q4 25
$8.0B
Q3 25
$7.8B
Q2 25
$7.7B
Q1 25
$7.6B
Q4 24
$7.5B
Q3 24
$7.6B
Q2 24
$7.6B
Q1 24
$7.7B
Debt / Equity
FMBH
FMBH
OR
OR
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
OR
OR
Operating Cash FlowLast quarter
$130.9M
Free Cash FlowOCF − Capex
$124.0M
FCF MarginFCF / Revenue
140.6%
Capex IntensityCapex / Revenue
7.8%
Cash ConversionOCF / Net Profit
5.53×
TTM Free Cash FlowTrailing 4 quarters
$207.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
OR
OR
Q4 25
$130.9M
Q3 25
$33.0M
Q2 25
$7.7M
Q1 25
$47.9M
Q4 24
$124.4M
Q3 24
$33.1M
Q2 24
$24.0M
Q1 24
$29.0M
Free Cash Flow
FMBH
FMBH
OR
OR
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
OR
OR
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
OR
OR
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
OR
OR
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.

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