First Mid Bancshares (FMBH) Interest Expense - Fed Funds (2009 - 2026)
First Mid Bancshares (FMBH) recorded Interest Expense - Fed Funds of $941,000 in Q3 2026, down 14.8% from $1.11 million a year earlier and down 8.6% from the prior quarter.
First Mid Bancshares (FMBH) Interest Expense - Fed Funds (2009 - 2026) Analysis & Trends
On a TTM basis, First Mid Bancshares' Interest Expense - Fed Funds came in at $3.98 million as of Sep 30, 2026, down 17.6% year-over-year; for FY2025, it came in at $4.49 million, down 30.4% from FY2024.
- Annual Interest Expense - Fed Funds has a five-year compound annual growth rate of 55.9% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Fed Funds came in at $6.45 million in FY2024 (-1.8%), $6.57 million in FY2023 (+265.7%), $1.8 million in FY2022 (+677.1%) and $231,000 in FY2021 (-52.7%).
- The Q3 2026 figure is the lowest quarterly Interest Expense - Fed Funds since Q3 2022.
- On a year-over-year basis, Interest Expense - Fed Funds has declined for ten consecutive quarters, with an average decline of 23.0% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Fed Funds in the last five years was growth of 723.1% in Q3 2022, against a decline of 42.6% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.03 million (Q2 2026), $1.03 million (Q1 2026) and $987,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn |
| 10 | First Mid Bancshares | 1.36 Bn | -201.53 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 941,000.00 |
| Jun 30, 2026 | 1.03 Mn |
| Mar 31, 2026 | 1.03 Mn |
| Dec 31, 2025 | 987,000.00 |
| Sep 30, 2025 | 1.11 Mn |
| Jun 30, 2025 | 1.22 Mn |
| Mar 31, 2025 | 1.18 Mn |
| Dec 31, 2024 | 1.33 Mn |
| Sep 30, 2024 | 1.44 Mn |
| Jun 30, 2024 | 1.62 Mn |
| Mar 31, 2024 | 2.06 Mn |
| Dec 31, 2023 | 1.75 Mn |
| Sep 30, 2023 | 1.63 Mn |
| Jun 30, 2023 | 1.72 Mn |
| Mar 31, 2023 | 1.46 Mn |
| Dec 31, 2022 | 1.16 Mn |
| Sep 30, 2022 | 428,000.00 |
| Jun 30, 2022 | 137,000.00 |
| Mar 31, 2022 | 67,000.00 |
| Dec 31, 2021 | 52,000.00 |
First Mid Bancshares Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=FMBH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "FMBH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=FMBH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();