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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

HATTIESBURG, Miss. & ATLANTA--( BUSINESS WIRE )--The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or the “Company”), the holding company for The First Bank, and Heritage Southeast Bancorporation, Inc. (OTC: HSBI) (“HSBI”), the holding company for Heritage Southeast Bank, announced today that the previously announced merger between First Bancshares and HSBI, pursuant to the Agreement and Plan of Merger, dated as of July 27, 2022 (the “Merger Agreement”), has been approved by the shareholders of each of First Bancshares and HSBI.

The First Bancshares, Inc. and Heritage Southeast Bancorporation, Inc. Announce Receipt of Shareholder Approvals for Merger

HATTIESBURG, Miss. & ATLANTA--( BUSINESS WIRE )--The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or “the Company”), parent company of The First Bank (“The First”) and Heritage Southeast Bancorporation, Inc. (OTCQX: HSBI) (“HSBI”), parent company of Heritage Southeast Bank, announced today that First Bancshares has received regulatory approval from the Board of Governors of the Federal Reserve System to complete its previously announced merger with Heritage pursuant to the Agreement and Plan of Merger, dated July 27, 2022, by and between First Bancshares and Heritage. First Bancshares has also received a non-objection letter from the Mississippi Department of Banking and Consumer Finance in connection with the transaction.

The First Bancshares, Inc. and Heritage Southeast Bancorporation, Inc. Announce Receipt of Regulatory Approvals for Merger

Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

The First Bancshares (FBMS) Just Flashed Golden Cross Signal: Do You Buy?

The First Bancshares to Participate in 2022 Hovde Group Financial Services Conference and East Coast Financial Services Conference

The First Bancshares (FBMS) delivered earnings and revenue surprises of 8.97% and 1.52%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

The First Bancshares (FBMS) Q3 Earnings and Revenues Surpass Estimates

The First Bancshares, Inc. Reports Results for Third Quarter ended September 30, 2022; Increases Quarterly Dividend 5%

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.

The First Bancshares (FBMS) Earnings Expected to Grow: Should You Buy?

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?

The First Bancshares (FBMS) Could Be a Great Choice

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) will participate in the VirtualBankConference.com online conference for bank investors, bank managements, and industry professionals which is scheduled for Tuesday, September 13, 2022 from 9:00 a.m. to 4:15 p.m. eastern time. The presentation prepared for use during these meetings will be available at the company's website www.thefirstbank.com under Investor

The First Bancshares to Participate in VirtualBankConference.com Online Conference for Bank Investors

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Heritage Southeast Bancorporation, Inc. (OTC: HSBI) to The First Bancshares, Inc. (NasdaqGM: FBMS). Under the terms of the proposed transaction, shareholders of Heritage will receive 0.965 shares of First Bancshares for each share of Heritage that they own. KSF is seeking to determine whether this consideratio

HERITAGE SOUTHEAST BANCORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heritage Southeast Bancorporation, Inc. - HSBI

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 M. Ray “Hoppy” Cole, Jr., the Chief Executive Officer of First Bancshares, assumed the additional position of Chairman of the Board of Directors of each of First Bancshares and The First Bank, effective August 18, 2022. E. Ricky Gibson, the former Chairman of the Board of First Bancshares, will continue to serve as a m

The First Bancshares, Inc. Appoints M. Ray “Hoppy” Cole, Jr. as Chairman of the Board of Directors

The First Bancshares (FBMS) is a Top Dividend Stock Right Now: Should You Buy?

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) will participate in the 2022 KBW Community Bank Investor Conference, which is being held August 1, 2022 through August 3, 2022 at the Hilton Midtown – NYC, New York, and will have one-on-one meetings with certain bank stock analysts and investors. The presentation prepared for use during these meetings will be available at the company's website www.thefirstb

The First Bancshares to Participate in 2022 KBW Community Bank Investor Conference

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or the “Company”), the holding company for The First Bank (“The First”), announced today that it has completed its acquisition of Beach Bancorp, Inc. (“BBI”). Following completion of the acquisition, BBI's subsidiary bank, Beach Bank was merged with The First, with The First as the surviving bank. This transaction has furthered the Company's regional expansion plan by adding market share in Northw

The First Bancshares, Inc. Completes Acquisition of Beach Bancorp, Inc.

Wilmington, Delaware--(Newsfile Corp. - July 29, 2022) - Rigrodsky Law, P.A. is investigating The First Bancshares, Inc. ("First Bancshares") (NASDAQ: FBMS) regarding possible breaches of fiduciary duties and other violations of law related to First Bancshares' agreement to merge with Heritage Southeast Bancorporation, Inc ("Heritage") (OTC: HSBC).To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-the-first-bancshares-inc.To contact Seth D. Rigrodsky or Gina M. Serra cost free, call or text (302) 295-5310 or email info@rl-legal.com.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating The First Bancshares, Inc. Merger

NEW YORK , July 28, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Heritage Southeast Bancorporation, Inc. ("Heritage" or the "Company") (OTC: HSBI), in connection with the Company's proposed acquisition by The First Bancshares, Inc. ("First Bancshares") (NASDAQ: FBMS). Under the terms of the merger agreement, the Company's shareholders will receive 0.965 shares of First Bancshares common stock for each Heritage share owned, representing implied per-share merger consideration of approximately $29.59 based upon First Bancshares's July 27, 2022 closing price of $30.66.

SHAREHOLDER ALERT: Weiss Law Investigates Heritage Southeast Bancorporation, Inc.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of The First Bancshares, Inc. (NASDAQ: FBMS) and Heritage Southeast Bancorporation, Inc. is fair to First Bancshares shareholders. Subject to the terms of the definitive merger agreement, Heritage shareholders would receive 0.965 shares of First Bancshares common stock for each share of Heritage common stock upon the closing of the transaction. Halper Sadeh encourages First Bancshares s

FBMS Stock Alert: Halper Sadeh LLP Is Investigating Whether the Merger of The First Bancshares, Inc. Is Fair to Shareholders

The First Bancshares (FBMS) delivered earnings and revenue surprises of -2.44% and 3.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

The First Bancshares (FBMS) Misses Q2 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 net income available to common shareholders for the quarter ended June 30, 2022. Highlights for the Quarter: Today, the Company announced that it has entered into a definitive agreement to acquire Heritage Southeast Bancorporation, Inc., parent company of Heritage Southeast Bank (“Heritage Bank”) based in Jonesboro, G

The First Bancshares, Inc. Reports Results for First Quarter ended June 30, 2022; Increases Quarterly Dividend 6%

HATTIESBURG, Miss. & ATLANTA--(BUSINESS WIRE)--The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or “the Company”), parent company of The First Bank (“The First”) and Heritage Southeast Bancorporation, Inc. (OTCQX: HSBI) (“HSBI”), parent company of Heritage Southeast Bank, announced today execution of a definitive merger agreement, pursuant to which the Company has agreed to acquire HSBI. Upon the completion of the acquisition, Heritage Southeast Bank will merge with and into The Fi

The First Bancshares, Inc. and Heritage Southeast Bancorporation, Inc. Announce Proposed Merger Transaction

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

The consensus price target hints at a 30.9% upside potential for The First Bancshares (FBMS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does The First Bancshares (FBMS) Have the Potential to Rally 31% as Wall Street Analysts Expect?

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First Bank (www.thefirstbank.com), will announce second quarter 2022 financial results on Wednesday, July 27, 2022 after the market closes. Management will host a conference call for analysts and investors at 1:00 p.m. Central Time on Thursday, July 28, 2022 to review the results. Investors and analysts may participate by clicking on the Participant Conference Link: https://register.vevent.co

The First Bancshares, Inc. to Announce Second Quarter 2022 Financial Results and Host Conference Call

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or “the Company”), holding company for The First Bank (“The First”), announced today that it has received all required regulatory approvals for the consummation of its proposed acquisition of Beach Bancorp, Inc. (“BBI”), parent company of Beach Bank based in Fort Walton Beach, Florida. The proposed acquisition, originally announced on April 26, 2022, is anticipated to become effective on August 1,

The First Bancshares, Inc. Receives Regulatory Approval for Merger with Beach Bancorp, Inc.

HATTIESBURG, Miss.--(BUSINESS WIRE)--The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First Bank, (www.thefirstbank.com) will participate in the 2022 Gulf South Bank Conference, which is being held May 2, 2022 through May 3, 2022 at the Ritz-Carlton 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 will be available at the company's website www.thefirstbank.com

News for First Bancshares Stock (FBMS)