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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) and Repay Holdings Corp (RPAY). 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 $78.6M, roughly 1.1× Repay Holdings Corp). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs -178.3%, a 205.1% gap on every dollar of revenue. On growth, FIRST MID BANCSHARES, INC. posted the faster year-over-year revenue change (3.4% vs 0.4%). FIRST MID BANCSHARES, INC. produced more free cash flow last quarter ($124.0M vs $23.2M). Over the past eight quarters, FIRST MID BANCSHARES, INC.'s revenue compounded faster (5.0% CAGR vs -1.3%).
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.
Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.
FMBH vs RPAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $88.2M | $78.6M |
| Net Profit | $23.7M | $-140.1M |
| Gross Margin | — | 74.2% |
| Operating Margin | 34.0% | -182.2% |
| Net Margin | 26.8% | -178.3% |
| Revenue YoY | 3.4% | 0.4% |
| Net Profit YoY | 23.5% | -3304.1% |
| EPS (diluted) | $0.98 | $-1.68 |
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.
| Q4 25 | $88.2M | $78.6M | ||
| Q3 25 | $89.3M | $77.7M | ||
| Q2 25 | $87.5M | $75.6M | ||
| Q1 25 | $84.3M | $77.3M | ||
| Q4 24 | $85.3M | $78.3M | ||
| Q3 24 | $80.6M | $79.1M | ||
| Q2 24 | $79.2M | $74.9M | ||
| Q1 24 | $79.9M | $80.7M |
| Q4 25 | $23.7M | $-140.1M | ||
| Q3 25 | $22.5M | $-6.4M | ||
| Q2 25 | $23.4M | $-102.3M | ||
| Q1 25 | $22.2M | $-7.9M | ||
| Q4 24 | $19.2M | $-4.1M | ||
| Q3 24 | $19.5M | $3.2M | ||
| Q2 24 | $19.7M | $-4.1M | ||
| Q1 24 | $20.5M | $-5.2M |
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
| Q4 25 | 34.0% | -182.2% | ||
| Q3 25 | 32.2% | -3.9% | ||
| Q2 25 | 34.4% | -138.7% | ||
| Q1 25 | 33.4% | -4.7% | ||
| Q4 24 | 29.7% | -1.5% | ||
| Q3 24 | 31.5% | -0.9% | ||
| Q2 24 | 33.7% | -4.6% | ||
| Q1 24 | 33.7% | -3.1% |
| Q4 25 | 26.8% | -178.3% | ||
| Q3 25 | 25.2% | -8.3% | ||
| Q2 25 | 26.8% | -135.2% | ||
| Q1 25 | 26.3% | -10.3% | ||
| Q4 24 | 22.5% | -5.3% | ||
| Q3 24 | 24.2% | 4.1% | ||
| Q2 24 | 24.9% | -5.4% | ||
| Q1 24 | 25.6% | -6.5% |
| Q4 25 | $0.98 | $-1.68 | ||
| Q3 25 | $0.94 | $-0.08 | ||
| Q2 25 | $0.98 | $-1.15 | ||
| Q1 25 | $0.93 | $-0.09 | ||
| Q4 24 | $0.81 | $-0.04 | ||
| Q3 24 | $0.81 | $0.03 | ||
| Q2 24 | $0.82 | $-0.04 | ||
| Q1 24 | $0.86 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $115.7M |
| Total DebtLower is stronger | $354.5M | $280.1M |
| Stockholders' EquityBook value | $958.7M | $484.4M |
| Total Assets | $8.0B | $1.2B |
| Debt / EquityLower = less leverage | 0.37× | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $115.7M | ||
| Q3 25 | — | $95.7M | ||
| Q2 25 | — | $162.6M | ||
| Q1 25 | — | $165.5M | ||
| Q4 24 | — | $189.5M | ||
| Q3 24 | — | $168.7M | ||
| Q2 24 | — | $147.1M | ||
| Q1 24 | — | $128.3M |
| Q4 25 | $354.5M | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
| Q4 25 | $958.7M | $484.4M | ||
| Q3 25 | $932.2M | $616.9M | ||
| Q2 25 | $894.1M | $633.7M | ||
| Q1 25 | $870.9M | $755.7M | ||
| Q4 24 | $846.4M | $761.3M | ||
| Q3 24 | $858.5M | $754.7M | ||
| Q2 24 | $813.6M | $815.4M | ||
| Q1 24 | $798.0M | $813.8M |
| Q4 25 | $8.0B | $1.2B | ||
| Q3 25 | $7.8B | $1.3B | ||
| Q2 25 | $7.7B | $1.4B | ||
| Q1 25 | $7.6B | $1.5B | ||
| Q4 24 | $7.5B | $1.6B | ||
| Q3 24 | $7.6B | $1.6B | ||
| Q2 24 | $7.6B | $1.5B | ||
| Q1 24 | $7.7B | $1.5B |
| Q4 25 | 0.37× | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $130.9M | $23.3M |
| Free Cash FlowOCF − Capex | $124.0M | $23.2M |
| FCF MarginFCF / Revenue | 140.6% | 29.6% |
| Capex IntensityCapex / Revenue | 7.8% | 0.1% |
| Cash ConversionOCF / Net Profit | 5.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | $207.9M | $90.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $130.9M | $23.3M | ||
| Q3 25 | $33.0M | $32.2M | ||
| Q2 25 | $7.7M | $33.1M | ||
| Q1 25 | $47.9M | $2.5M | ||
| Q4 24 | $124.4M | $34.3M | ||
| Q3 24 | $33.1M | $60.1M | ||
| Q2 24 | $24.0M | $31.0M | ||
| Q1 24 | $29.0M | $24.8M |
| Q4 25 | $124.0M | $23.2M | ||
| Q3 25 | $31.9M | $32.1M | ||
| Q2 25 | $6.0M | $33.0M | ||
| Q1 25 | $46.0M | $2.4M | ||
| Q4 24 | $119.5M | $34.0M | ||
| Q3 24 | $32.0M | $59.8M | ||
| Q2 24 | $22.9M | $30.5M | ||
| Q1 24 | $27.6M | $24.7M |
| Q4 25 | 140.6% | 29.6% | ||
| Q3 25 | 35.8% | 41.3% | ||
| Q2 25 | 6.8% | 43.6% | ||
| Q1 25 | 54.5% | 3.0% | ||
| Q4 24 | 140.0% | 43.5% | ||
| Q3 24 | 39.7% | 75.6% | ||
| Q2 24 | 28.9% | 40.7% | ||
| Q1 24 | 34.5% | 30.6% |
| Q4 25 | 7.8% | 0.1% | ||
| Q3 25 | 1.2% | 0.2% | ||
| Q2 25 | 2.0% | 0.1% | ||
| Q1 25 | 2.3% | 0.2% | ||
| Q4 24 | 5.8% | 0.3% | ||
| Q3 24 | 1.4% | 0.3% | ||
| Q2 24 | 1.4% | 0.6% | ||
| Q1 24 | 1.9% | 0.1% |
| Q4 25 | 5.53× | — | ||
| Q3 25 | 1.47× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 2.16× | — | ||
| Q4 24 | 6.49× | — | ||
| Q3 24 | 1.70× | 18.52× | ||
| 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
Segment breakdown not available.
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
