Amalgamated Financial (AMAL) vs First Mid Bancshares (FMBH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 11, 2026.
Summary
Amalgamated Financial (AMAL) has outperformed First Mid Bancshares (FMBH) over the past year, gaining 77.7% versus a gain of 36.9%. Over five years, AMAL leads with a +170.0% price change compared with +15.1% for FMBH. Amalgamated Financial is the larger company by market cap ($1.39 billion vs $1.29 billion), about 1.1 times the size, while First Mid Bancshares is growing revenue faster (+7.4% vs +4.1%).
On valuation, First Mid Bancshares trades at a lower forward P/E (9.8x vs 10.0x for Amalgamated Financial). First Mid Bancshares offers the higher dividend yield (2.06% vs 1.40%). Amalgamated Financial converts more of its revenue into profit, with a net margin of 31.8% versus 26.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AMAL | FMBH |
|---|---|---|
| Share price | $46.58 | $48.52 |
| Market cap | $1.39B | $1.29B |
| 1-day change | -1.27% | -1.46% |
| YTD return | +45.43% | +24.41% |
| 1-year return | +77.65% | +36.91% |
| 5-year return | +170.03% | +15.11% |
| P/E ratio (TTM) | 12.42 | 12.04 |
| Forward P/E | 10.04 | 9.76 |
| EPS (TTM) | $3.75 | $4.03 |
| Dividend yield | 1.40% | 2.06% |
| Annual dividend | $0.65 | $1.00 |
| Revenue (latest FY) | $328.72M | $349.22M |
| Revenue growth (YoY) | +4.14% | +7.45% |
| Net income (latest FY) | $104.45M | $91.75M |
| Net margin | 31.77% | 26.27% |
| 52-week high | $51.59 | $53.36 |
| 52-week low | $25.13 | $34.16 |
| Distance from 52-week high | -9.71% | -9.07% |
| Analyst consensus | none | buy |
| Avg. price target upside | +15.93% | +16.16% |
| Average volume | 212.27K | 133.83K |
| Shares outstanding | 29.90M | 26.60M |
| Employees | 450 | 1,316 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AMAL has outperformed FMBH by 40.7 percentage points over the past year.
- Amalgamated Financial is more profitable, keeping 31.8 cents of every revenue dollar as net income versus 26.3 cents for First Mid Bancshares.
About Amalgamated Financial
AMAL stock →Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services in the United States.
Finance · Major Banks · 450 employees
About First Mid Bancshares
FMBH stock →First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits.
Finance · Major Banks · 1,316 employees
AMAL vs FMBH FAQ
Which is bigger, Amalgamated Financial or First Mid Bancshares?
Amalgamated Financial (AMAL) is larger, with a market capitalization of $1.39B compared with $1.29B for First Mid Bancshares (FMBH).
Which stock has performed better over the past year, AMAL or FMBH?
AMAL returned +77.65% over the past 12 months, compared with +36.91% for FMBH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMAL or FMBH?
FMBH has the lower trailing P/E at 12.0, versus 12.4 for AMAL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Amalgamated Financial or First Mid Bancshares?
First Mid Bancshares has the higher yield at 2.06%, compared with 1.40% for Amalgamated Financial.
Are Amalgamated Financial and First Mid Bancshares in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.