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

Zhihu Inc. is the larger business by last-quarter revenue ($92.0M vs $88.2M, roughly 1.0× FIRST MID BANCSHARES, INC.). Zhihu Inc. runs the higher net margin — 32.7% vs 26.8%, a 5.9% gap on every dollar of revenue. Over the past eight quarters, FIRST MID BANCSHARES, INC.'s revenue compounded faster (5.0% CAGR vs -19.0%).

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.

Zhihu is a Chinese social question and answer site and news aggregator. Originally based in Chengdu and with creators from Sichuan, China, the website launched on January 26, 2011. The number of registered users on Zhihu exceeded 10 million by the end of 2013, and reached 17 million as of May 2015, with 250 million monthly page views.

FMBH vs ZH — Head-to-Head

Bigger by revenue
ZH
ZH
1.0× larger
ZH
$92.0M
$88.2M
FMBH
Higher net margin
ZH
ZH
5.9% more per $
ZH
32.7%
26.8%
FMBH
Faster 2-yr revenue CAGR
FMBH
FMBH
Annualised
FMBH
5.0%
-19.0%
ZH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FMBH
FMBH
ZH
ZH
Revenue
$88.2M
$92.0M
Net Profit
$23.7M
$30.1M
Gross Margin
53.6%
Operating Margin
34.0%
Net Margin
26.8%
32.7%
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
ZH
ZH
Q1 26
$92.0M
Q4 25
$88.2M
Q3 25
$89.3M
$92.6M
Q2 25
$87.5M
$100.1M
Q1 25
$84.3M
$100.6M
Q4 24
$85.3M
Q3 24
$80.6M
$120.4M
Q2 24
$79.2M
$128.5M
Net Profit
FMBH
FMBH
ZH
ZH
Q1 26
$30.1M
Q4 25
$23.7M
Q3 25
$22.5M
Q2 25
$23.4M
Q1 25
$22.2M
Q4 24
$19.2M
Q3 24
$19.5M
$-1.3M
Q2 24
$19.7M
$-11.1M
Gross Margin
FMBH
FMBH
ZH
ZH
Q1 26
53.6%
Q4 25
Q3 25
61.3%
Q2 25
62.5%
Q1 25
61.8%
Q4 24
Q3 24
63.9%
Q2 24
59.6%
Operating Margin
FMBH
FMBH
ZH
ZH
Q1 26
Q4 25
34.0%
Q3 25
32.2%
-15.1%
Q2 25
34.4%
-12.7%
Q1 25
33.4%
Q4 24
29.7%
Q3 24
31.5%
-10.0%
Q2 24
33.7%
-19.7%
Net Margin
FMBH
FMBH
ZH
ZH
Q1 26
32.7%
Q4 25
26.8%
Q3 25
25.2%
Q2 25
26.8%
Q1 25
26.3%
Q4 24
22.5%
Q3 24
24.2%
-1.1%
Q2 24
24.9%
-8.6%
EPS (diluted)
FMBH
FMBH
ZH
ZH
Q1 26
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

Balance Sheet & Financial Strength

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

Metric
FMBH
FMBH
ZH
ZH
Cash + ST InvestmentsLiquidity on hand
$481.8M
Total DebtLower is stronger
$354.5M
Stockholders' EquityBook value
$958.7M
$554.1M
Total Assets
$8.0B
$742.3M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
ZH
ZH
Q1 26
$481.8M
Q4 25
Q3 25
$383.5M
Q2 25
$446.5M
Q1 25
$446.5M
Q4 24
Q3 24
$458.0M
Q2 24
$434.7M
Total Debt
FMBH
FMBH
ZH
ZH
Q1 26
Q4 25
$354.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
FMBH
FMBH
ZH
ZH
Q1 26
$554.1M
Q4 25
$958.7M
Q3 25
$932.2M
$578.9M
Q2 25
$894.1M
$587.4M
Q1 25
$870.9M
$573.2M
Q4 24
$846.4M
Q3 24
$858.5M
$619.2M
Q2 24
$813.6M
$605.5M
Total Assets
FMBH
FMBH
ZH
ZH
Q1 26
$742.3M
Q4 25
$8.0B
Q3 25
$7.8B
$772.8M
Q2 25
$7.7B
$802.2M
Q1 25
$7.6B
$783.1M
Q4 24
$7.5B
Q3 24
$7.6B
$856.2M
Q2 24
$7.6B
$840.5M
Debt / Equity
FMBH
FMBH
ZH
ZH
Q1 26
Q4 25
0.37×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 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
ZH
ZH
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
ZH
ZH
Q1 26
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
Free Cash Flow
FMBH
FMBH
ZH
ZH
Q1 26
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
FCF Margin
FMBH
FMBH
ZH
ZH
Q1 26
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%
Capex Intensity
FMBH
FMBH
ZH
ZH
Q1 26
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%
Cash Conversion
FMBH
FMBH
ZH
ZH
Q1 26
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×

Financial Flow Comparison

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

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