vs

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

Townsquare Media, Inc. is the larger business by last-quarter revenue ($106.5M vs $88.2M, roughly 1.2× FIRST MID BANCSHARES, INC.). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs -4.9%, a 31.7% gap on every dollar of revenue. On growth, FIRST MID BANCSHARES, INC. posted the faster year-over-year revenue change (3.4% vs -9.6%). FIRST MID BANCSHARES, INC. produced more free cash flow last quarter ($124.0M vs $9.2M). Over the past eight quarters, FIRST MID BANCSHARES, INC.'s revenue compounded faster (5.0% CAGR vs 3.4%).

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.

Townsquare Media, Inc. is an American radio network and media company based in Purchase, New York. The company started in radio and expanded into digital media toward the end of the 2000s, starting with the acquisition of the MOG Music Network. As of June 2024, Townsquare was the third-largest AM–FM operator in the country, owning 349 radio stations in 74 markets.

FMBH vs TSQ — Head-to-Head

Bigger by revenue
TSQ
TSQ
1.2× larger
TSQ
$106.5M
$88.2M
FMBH
Growing faster (revenue YoY)
FMBH
FMBH
+13.0% gap
FMBH
3.4%
-9.6%
TSQ
Higher net margin
FMBH
FMBH
31.7% more per $
FMBH
26.8%
-4.9%
TSQ
More free cash flow
FMBH
FMBH
$114.8M more FCF
FMBH
$124.0M
$9.2M
TSQ
Faster 2-yr revenue CAGR
FMBH
FMBH
Annualised
FMBH
5.0%
3.4%
TSQ

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FMBH
FMBH
TSQ
TSQ
Revenue
$88.2M
$106.5M
Net Profit
$23.7M
$-5.2M
Gross Margin
24.1%
Operating Margin
34.0%
9.5%
Net Margin
26.8%
-4.9%
Revenue YoY
3.4%
-9.6%
Net Profit YoY
23.5%
-121.2%
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
TSQ
TSQ
Q4 25
$88.2M
$106.5M
Q3 25
$89.3M
$106.8M
Q2 25
$87.5M
$115.4M
Q1 25
$84.3M
$98.7M
Q4 24
$85.3M
$117.8M
Q3 24
$80.6M
$115.3M
Q2 24
$79.2M
$118.2M
Q1 24
$79.9M
$99.6M
Net Profit
FMBH
FMBH
TSQ
TSQ
Q4 25
$23.7M
$-5.2M
Q3 25
$22.5M
$-5.9M
Q2 25
$23.4M
$1.6M
Q1 25
$22.2M
$-2.0M
Q4 24
$19.2M
$24.6M
Q3 24
$19.5M
$10.8M
Q2 24
$19.7M
$-49.2M
Q1 24
$20.5M
$1.1M
Gross Margin
FMBH
FMBH
TSQ
TSQ
Q4 25
24.1%
Q3 25
26.2%
Q2 25
28.3%
Q1 25
23.2%
Q4 24
31.6%
Q3 24
27.3%
Q2 24
27.7%
Q1 24
22.8%
Operating Margin
FMBH
FMBH
TSQ
TSQ
Q4 25
34.0%
9.5%
Q3 25
32.2%
5.6%
Q2 25
34.4%
18.2%
Q1 25
33.4%
7.2%
Q4 24
29.7%
18.1%
Q3 24
31.5%
13.1%
Q2 24
33.7%
-18.1%
Q1 24
33.7%
6.7%
Net Margin
FMBH
FMBH
TSQ
TSQ
Q4 25
26.8%
-4.9%
Q3 25
25.2%
-5.5%
Q2 25
26.8%
1.4%
Q1 25
26.3%
-2.0%
Q4 24
22.5%
20.8%
Q3 24
24.2%
9.4%
Q2 24
24.9%
-41.7%
Q1 24
25.6%
1.1%
EPS (diluted)
FMBH
FMBH
TSQ
TSQ
Q4 25
$0.98
Q3 25
$0.94
$-0.36
Q2 25
$0.98
$0.09
Q1 25
$0.93
$-0.12
Q4 24
$0.81
$1.76
Q3 24
$0.81
$0.63
Q2 24
$0.82
$-3.26
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
FMBH
FMBH
TSQ
TSQ
Cash + ST InvestmentsLiquidity on hand
$4.8M
Total DebtLower is stronger
$354.5M
$433.0M
Stockholders' EquityBook value
$958.7M
$-41.0M
Total Assets
$8.0B
$528.6M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
TSQ
TSQ
Q4 25
$4.8M
Q3 25
$3.2M
Q2 25
$3.2M
Q1 25
$5.5M
Q4 24
$33.0M
Q3 24
$21.8M
Q2 24
$28.5M
Q1 24
$56.6M
Total Debt
FMBH
FMBH
TSQ
TSQ
Q4 25
$354.5M
$433.0M
Q3 25
$437.6M
Q2 25
$439.7M
Q1 25
$448.4M
Q4 24
$465.8M
Q3 24
$476.7M
Q2 24
$487.1M
Q1 24
$500.1M
Stockholders' Equity
FMBH
FMBH
TSQ
TSQ
Q4 25
$958.7M
$-41.0M
Q3 25
$932.2M
$-34.0M
Q2 25
$894.1M
$-27.1M
Q1 25
$870.9M
$-26.8M
Q4 24
$846.4M
$-28.4M
Q3 24
$858.5M
$-52.5M
Q2 24
$813.6M
$-64.1M
Q1 24
$798.0M
$1.8M
Total Assets
FMBH
FMBH
TSQ
TSQ
Q4 25
$8.0B
$528.6M
Q3 25
$7.8B
$539.2M
Q2 25
$7.7B
$545.7M
Q1 25
$7.6B
$544.5M
Q4 24
$7.5B
$580.4M
Q3 24
$7.6B
$565.4M
Q2 24
$7.6B
$579.6M
Q1 24
$7.7B
$636.7M
Debt / Equity
FMBH
FMBH
TSQ
TSQ
Q4 25
0.37×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
271.80×

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
TSQ
TSQ
Operating Cash FlowLast quarter
$130.9M
$12.6M
Free Cash FlowOCF − Capex
$124.0M
$9.2M
FCF MarginFCF / Revenue
140.6%
8.6%
Capex IntensityCapex / Revenue
7.8%
3.2%
Cash ConversionOCF / Net Profit
5.53×
TTM Free Cash FlowTrailing 4 quarters
$207.9M
$15.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
TSQ
TSQ
Q4 25
$130.9M
$12.6M
Q3 25
$33.0M
$7.9M
Q2 25
$7.7M
$10.2M
Q1 25
$47.9M
$-66.0K
Q4 24
$124.4M
$28.2M
Q3 24
$33.1M
$9.9M
Q2 24
$24.0M
$9.0M
Q1 24
$29.0M
$1.7M
Free Cash Flow
FMBH
FMBH
TSQ
TSQ
Q4 25
$124.0M
$9.2M
Q3 25
$31.9M
$4.3M
Q2 25
$6.0M
$6.4M
Q1 25
$46.0M
$-4.5M
Q4 24
$119.5M
$24.5M
Q3 24
$32.0M
$4.8M
Q2 24
$22.9M
$4.8M
Q1 24
$27.6M
$-2.8M
FCF Margin
FMBH
FMBH
TSQ
TSQ
Q4 25
140.6%
8.6%
Q3 25
35.8%
4.1%
Q2 25
6.8%
5.5%
Q1 25
54.5%
-4.6%
Q4 24
140.0%
20.8%
Q3 24
39.7%
4.1%
Q2 24
28.9%
4.0%
Q1 24
34.5%
-2.8%
Capex Intensity
FMBH
FMBH
TSQ
TSQ
Q4 25
7.8%
3.2%
Q3 25
1.2%
3.3%
Q2 25
2.0%
3.3%
Q1 25
2.3%
4.5%
Q4 24
5.8%
3.1%
Q3 24
1.4%
4.4%
Q2 24
1.4%
3.6%
Q1 24
1.9%
4.4%
Cash Conversion
FMBH
FMBH
TSQ
TSQ
Q4 25
5.53×
Q3 25
1.47×
Q2 25
0.33×
6.51×
Q1 25
2.16×
Q4 24
6.49×
1.15×
Q3 24
1.70×
0.91×
Q2 24
1.21×
Q1 24
1.42×
1.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMBH
FMBH

Segment breakdown not available.

TSQ
TSQ

Broadcast Advertising Segment$46.4M44%
Digital Advertising Segment$41.7M39%
Subscription Digital Marketing Solutions Segment$18.4M17%

Related Comparisons