Burke & Herbert Financial Services Corp. (BHRB) vs First Mid Bancshares, Inc. (FMBH)

A side-by-side comparison of Burke & Herbert Financial Services Corp. and First Mid Bancshares, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — BHRB vs FMBH

growth of $100 · dividends reinvested · last 10y
BHRB +107.2% (+7.6%/yr)FMBH +131.6% (+8.8%/yr)FMBH compounded faster over this window
100150200250Start $10020182020202220242026$207$232
BHRB FMBH

BHRB vs FMBH: by the numbers

  • •BHRB is the larger company ($1.40B vs $1.33B market cap).
  • •BHRB trades at the lower trailing earnings multiple (11.13 vs 12.37 P/E), one valuation lens rather than an overall verdict.
  • •FMBH converts more revenue to profit (22.01% vs 21.89% net margin).
  • •BHRB grew revenue faster over the past five years (30.19% vs 15.34% CAGR).
  • •BHRB pays the higher dividend yield (3.18% vs 2.03%).

Metrics side by side

Valuation

MetricBHRBFMBH
P/E ratio11.1312.37
Forward P/E9.2011.27
PEG ratio0.601.71
P/S ratio3.172.91
P/B ratio1.181.20

Profitability

MetricBHRBFMBH
Operating margin27.12%25.12%
Net margin21.89%22.01%
ROE8.07%9.10%

Burke & Herbert Financial Services Corp.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

First Mid Bancshares, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricBHRBFMBH
Dividend yield3.18%2.03%
Payout ratio35.14%25.06%

Growth (annualized)

MetricBHRBFMBH
Revenue CAGR (5Y)30.19%15.34%
EPS CAGR (5Y)18.55%7.22%
Total return CAGR (5Y)8.92%6.38%

Frequently asked

Which has the lower trailing P/E, BHRB or FMBH?
BHRB has the lower trailing P/E: BHRB trades at 11.13 and FMBH at 12.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BHRB or FMBH?
Over the past five years, BHRB grew revenue faster — BHRB at a 30.19% CAGR versus FMBH at 15.34%.
Does BHRB or FMBH pay a bigger dividend?
BHRB yields 3.18% and FMBH yields 2.03% based on trailing dividends and the latest price.
Is BHRB or FMBH more profitable?
FMBH runs the higher net margin — BHRB at 21.89% versus FMBH at 22.01%.
How have BHRB and FMBH total returns compared?
Over the past 10 years, BHRB delivered 7.50% and FMBH delivered 9.04% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.