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First Mid Bancshares (FMBH) Tax Rate: 2010-2024

Historic Tax Rate for First Mid Bancshares (FMBH) over the last 15 years, with Dec 2024 value amounting to 24.42%.

  • First Mid Bancshares' Tax Rate rose 2950.00% to 52.33% in Q4 2020 from the same period last year, while for Dec 2020 it was 32.53%, marking a year-over-year increase of 831.00%. This contributed to the annual value of 24.42% for FY2024, which is 240.00% up from last year.
  • Latest data reveals that First Mid Bancshares reported Tax Rate of 24.42% as of FY2024, which was up 10.90% from 22.02% recorded in FY2023.
  • In the past 5 years, First Mid Bancshares' Tax Rate ranged from a high of 32.53% in FY2020 and a low of 22.02% during FY2023.
  • Moreover, its 3-year median value for Tax Rate was 22.53% (2022), whereas its average is 22.99%.
  • In the last 5 years, First Mid Bancshares' Tax Rate surged by 831bps in 2020 and then slumped by 539bps in 2022.
  • First Mid Bancshares' Tax Rate (Yearly) stood at 32.53% in 2020, then tumbled by 460bps to 27.93% in 2021, then slumped by 539bps to 22.53% in 2022, then plummeted by 51bps to 22.02% in 2023, then surged by 240bps to 24.42% in 2024.