First Bancshares

First Bancshares, Inc. (Mississippi) operates as a bank holding company. It provides banking services such as personal and business which include checking, savings, and loans, cards, and others. It operates through the following segments: Commercial/Retail Bank, Mortgage Banking, and Holding Company. The Commercial/Retail Bank segment provides a full range of commercial banking services to corporations and other business customers. Loans are provided for a variety of general corporate purposes, including financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate and construction and land development. The Mortgage Banking segment provides residential mortgage banking services, including construction financing, for conventional and government insured home loans to be sold in the secondary market. The company was founded in 1996 and is headquartered in Hattiesburg, MS.

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Earnings data Q4 2024

First Bancshares (FBMS) reports strong 2022 performance and strategic growth

First Bancshares (FBMS) delivered a strong performance in 2022, with robust loan growth and strategic acquisitions driving asset expansion.
While facing challenges in the Heritage integration and expense management, the bank's focus on asset quality and strategic balance sheet management positions it for sustained growth.
Opportunities lie in increasing the loan-to-deposit ratio, focusing on organic growth, and capitalizing on market opportunities to achieve targeted earnings growth.

First Bancshares excels in Q1, eyes $10B assets milestone

First Bancshares delivered strong financial performance, managed credit risks effectively, and is strategically positioning itself for growth. They are focused on integrating recent acquisitions, optimizing operations, and navigating regulatory expectations.

First Bancshares (FBMS) posts strong Q2 earnings, eyes Southeast expansion

First Bancshares (FBMS) reported a robust performance in Q2 2023, showcasing resilience in earnings and balance sheet strength.
The company's strategic focus on credit quality, expense management, and growth opportunities positions it well for future success.
While challenges exist in a competitive market environment, First Bancshares is poised to capitalize on opportunities for expansion and efficiency.
Overall, First Bancshares remains committed to driving growth, enhancing shareholder returns, and pursuing strategic acquisitions for long-term success.

First Bancshares reports mixed Q3 performance, eyes growth opportunities

First Bancshares (FBMS) reported a mixed performance with increased net income but decreased operating income. Strong loan growth and credit quality were notable strengths, while challenges included margin compression and rising deposit costs.
Opportunities lie in leveraging liquidity for strategic investments, community development initiatives, and revenue diversification. The company's focus on franchise growth and grant programs aligns with its commitment to underserved markets.
Overall, First Bancshares remains well-positioned with stable capital ratios and a focus on sustainable growth. Navigating challenges in net interest margins and maximizing opportunities for revenue growth will be key focus areas moving forward.
The company's performance reflects resilience amidst market dynamics, with a strategic emphasis on community development and financial stability. Continued efforts in loan growth and operational efficiency are crucial for sustained success.

First Bancshares faces margin challenges but sees growth opportunities ahead

First Bancshares navigated challenges of margin compression and increased expenses to achieve strong loan growth and credit quality improvements. Strategic moves in personnel and bond restructuring position the company for potential margin expansion and continued performance in key markets.

First Bancshares (FBMS) reports strong Q1 earnings and growth opportunities

First Bancshares (FBMS) delivered strong financial performance with increased earnings and stable credit quality.
The company demonstrated confidence through dividend and tangible book value growth, while facing challenges in loan balances.
Opportunities lie in growing loan pipeline and optimizing efficiency, supported by strong liquidity and credit quality.
Strategic capital management will be crucial to sustaining performance and navigating evolving market conditions.

First Bancshares (FBMS) reports solid Q2 performance amidst growth

First Bancshares demonstrated resilience and strategic management in the face of economic challenges.
While facing short-term hurdles, the company's strong fundamentals and liquidity position bode well for future growth.
Strategic focus on optimizing margins, managing costs, and maintaining credit quality will be key to sustained success.

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First Bancshares, Inc. is a bank holding company, which engages in banking services such as personal and business, which include checking, savings, and loans, cards, and others. It operates through the following segments: Commercial, Financial and Agriculture, Commercial Real Estate, Consumer Real Estate, and Consumer Installment. The Commercial, Financial and Agriculture segment provides loans to business entities issued for commercial, industrial, or other business purposes. The Commercial Real Estate segment offers loans that are grouped as such because repayment is mainly dependent upon either the sale of the real estate, operation of the business occupying the real estate, or refinance of the debt obligation. The Consumer Real Estate segment includes loans secured by 1-4 family residential properties and/or residential lots. The Consumer Installment segment focuses on the l loans issued to individuals that are not for any purpose related to operation of a business, and not secured by real estate. The company was founded in 1996 and is headquartered in Hattiesburg, MS.

The First Bancshares, Inc. (FBMS) Q4 2023 Earnings Call Transcript

The First Bancshares (FBMS) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.71 per share a year ago.

The First Bancshares (FBMS) Lags Q4 Earnings and Revenue Estimates

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (“FBMS” or “the Company”) (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) reported today financial results for the quarter ended December 31, 2023. Highlights for the quarter: Net income available to common shareholders totaled $11.0 million for the quarter ended December 31, 2023, representing a decrease of 54.7% when compared to $24.4 million for the quarter ended September 30, 2023. Several one-time it.

The First Bancshares, Inc. Reports Results for Fourth Quarter ended December 31, 2023; Increases Quarterly Dividend 4%

The First Bancshares (FBMS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: The First Bancshares (FBMS) Q4 Earnings Expected to Decline

HATTIESBURG, Miss.--(BUSINESS WIRE)--First Bancshares, Inc. (NASDAQ: FBMS) (the “Company”), holding company of The First Bank (“The First”), has announced the repositioning of a portion of its securities portfolio and information regarding its 2023 Fourth Quarter earnings call. Securities Portfolio Repositioning In December 2023, The First sold $123 million in available-for-sale securities with a weighted average book yield of 1.12% and average remaining life of 3 years. The First recognized a.

First Bancshares, Inc. Announces Securities Portfolio Repositioning and 2023 Fourth Quarter Earnings Call Information

The First Bancshares, Inc. (FBMS) Q3 2023 Earnings Call Transcript

The First Bancshares (FBMS) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.85 per share a year ago.

The First Bancshares (FBMS) Lags Q3 Earnings Estimates

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (“FBMS” or “the Company”) (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) reported today financial results for the quarter ended September 30, 2023. Highlights for the Quarter: Net income available to common shareholders totaled $24.4 million for the quarter ended September 30, 2023, representing an increase of 2.4% when compared to $23.8 million for the quarter ended June 30, 2023. Several one-time items.

The First Bancshares, Inc. Reports Results for Third Quarter ended September 30, 2023; Increases Quarterly Dividend 4%

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The First Bancshares (FBMS) have what it takes?

Why The First Bancshares (FBMS) is a Great Dividend Stock Right Now

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (“FBMS” or “the Company”) (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) will announce 2023 third quarter results following the NASDAQ's closing on Wednesday, October 25, 2023. The Company will hold executive management's quarterly conference call on Thursday, October 26, 2023 at 10:00 AM Eastern Time (9:00 AM Central Time). The webcast is accessible by clicking on the following link: https://register.ve.

The First Bancshares, Inc. Announces 2023 Third Quarter Call Information

Why The First Bancshares (FBMS) is a Top Dividend Stock for Your Portfolio

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) will participate in the 2023 KBW Community Bank Investor Conference , which is being held August 7, 2023 through August 9, 2023 at the Hilton Midtown, New York and will have one-on-one meetings with certain bank stock analysts and investors. The presentation prepared for use during these meetings is available at the company's website www.thefirstbank.com und.

The First Bancshares to Participate in 2023 KBW Community Bank Investor Conference

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12 Upcoming Dividend Increases, Including A Dividend King

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (“FBMS” or “the Company”) (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) reported today financial results for the quarter ended June 30, 2023. Highlights: Net income available to common shareholders totaled $23.8 million for the quarter ended June 30, 2023, representing an increase of 46.1% when compared to $16.3 million for the quarter ended March 31, 2023. Several one-time items are detailed in the tab.

The First Bancshares, Inc. Reports Results for Second Quarter Ended June 30, 2023; Increases Quarterly Dividend 5%

Analysts Estimate The First Bancshares (FBMS) to Report a Decline in Earnings: What to Look Out for

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HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) will participate in the 2023 Gulf South Bank Conference, which is being held May 8, 2023 through May 9, 2023 at the Four Seasons Hotel, New Orleans, Louisiana and will have one-on-one meetings with certain bank stock analysts and investors. The presentation prepared for use during these meetings is available at the company's website www.thefirstbank.com unde.

The First Bancshares to Participate in 2023 Gulf South Bank Conference

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Dividend Champion, Contender, And Challenger Highlights: Week Of April 30

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (“FBMS” or “the Company”) (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) reported today financial results for the quarter ended March 31, 2023. Highlights: Effective January 1, 2023, the Company closed its acquisition of Heritage Southeast Bancorporation, Inc., parent company of Heritage Southeast Bank (“Heritage Bank”) based in Jonesboro, Georgia. Heritage Bank increased the Company's presence in Southe.

The First Bancshares, Inc. Reports Results for First Quarter ended March 31, 2023; Increases Quarterly Dividend 5%

Earnings Preview: The First Bancshares (FBMS) Q1 Earnings Expected to Decline

First Bancshares (FBMS) announces a $50-million share repurchase plan. This, along with dividend hikes and capital strength, will continue to enhance shareholders' value.

First Bancshares (FBMS) Announces $50M Share Repurchase Plan

First Bancshares has languished due to weaker asset sensitivity than many peers and a resumption of aggressive M&A plans. Expanding into Georgia strikes me as aggressive given the intense competition in this market, and there are other "backfill" options in the core footprint that could have built value.

First Bancshares Has To Prove It Can Leverage Recent M&A, But Valuation Isn't Demanding

HATTIESBURG, Miss.--( BUSINESS WIRE )--The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) will participate in the Janney West Coast Bank CEO Forum which is being held February 1st – 3rd, 2023 at The Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch, Scottsdale, Arizona, and will have one-on-one meetings with certain bank stock analysts and investors.

The First Bancshares to Participate in the Janney West Coast Bank CEO Forum

HATTIESBURG, Miss.--( BUSINESS WIRE )--The First Bancshares, Inc. (“FBMS” or “the Company”) (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) reported today financial results for the quarter ended December 31, 2022.

The First Bancshares, Inc. Reports Results for Fourth Quarter ended December 31, 2022; Increases Quarterly Dividend 5%

HATTIESBURG, Miss.--( BUSINESS WIRE )--The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or the “Company”), the holding company for The First Bank, announced today that it has completed its previously-announced acquisition of Heritage Southeast Bancorporation, Inc. (“HSBI”) effective January 1, 2023. Following completion of the acquisition, HSBI's subsidiary bank, Heritage Southeast Bank was merged with The First Bank, with The First Bank as the surviving bank.

The First Bancshares, Inc. Completes Acquisition of Heritage Southeast Bancorporation, Inc.

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