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The First Bancshares Inc (FBMS) |
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Price: $26.7100
$-0.26 
-0.964%
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| Day's High:
| $26.99
| Week Perf:
| 0.53 %
|
| Day's Low: |
$ 26.51 |
30 Day Perf: |
-5.92 % |
| Volume (M): |
82 |
52 Wk High: |
$ 35.90 |
| Volume (M$): |
$ 2,198 |
52 Wk Avg: |
$29.02 |
| Open: |
$26.84 |
52 Wk Low: |
$22.82 |
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| Market Capitalization (Millions $) |
847 |
| Shares
Outstanding (Millions) |
32 |
| Employees |
295 |
| Revenues (TTM) (Millions $) |
253 |
| Net Income (TTM) (Millions $) |
70 |
| Cash Flow (TTM) (Millions $) |
612 |
| Capital Exp. (TTM) (Millions $) |
5 |
The First Bancshares Inc
Our company, The First Bancshares, Inc. was incorporated on June 23, 1995 to serve
as a bank holding company for The First, A National Banking Association (“The
First”), headquartered in Hattiesburg, Mississippi. The First began operations
on August 5, 1996 from our main office in the Oak Grove community, which is now
included within the city of Hattiesburg. At year end, the First had 27 branches,
one motor bank facility and four loan production offices in the states of Mississippi,
Alabama, and Louisiana.
We exited the recent recession with strong asset quality metrics compared to most
of our peers, which we believe illustrates our historically disciplined underwriting
and credit culture. As such, we benefited from our strength by taking advantage
of growth opportunities when many of our peers were unable to do so. Since that
time, we focused on growing earnings per share and increasing our tangible common
equity and tangible book value per share. In addition, we returned to strong levels
of loan growth by continuing to strengthen our relationships with existing clients
and creating new relationships.
In April 2013, we completed our first post-recession acquisition with the purchase
of First National Bank of Baldwin County, which resulted in our strategic entry
into the south Alabama market. Then in July 2014 we completed our acquisition
of Bay Bank, previously headquartered in Mobile, Alabama. The conversion and integration
of these acquisitions have been successful to date, and we are optimistic that
this market will continue to contribute to our future growth and success. Also
in 2014 we established a de novo branch in Baton Rouge, Louisiana and a loan production
office in Slidell, Louisiana.
Company Address: 6480 U.S. Highway 98 West, Suite A Hattiesburg 39402 MS
Company Phone Number: 268-8998 Stock Exchange / Ticker: NASDAQ FBMS
| FBMS is expected to report next financial results on November 08, 2023. |
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Customers Net Income fell by |
FBMS's Customers Net Profit Margin fell to |
-13.42 % |
14.65 %
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| Stock Performances by Major Competitors |
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Consumers Bancorp Inc
The financial results of Consumers Bancorp Inc for the most recent fiscal period have unveiled a mixed bag of outcomes. While the company experienced a growth in revenue, there was a decline in earnings per share (EPS), prompting investors to closely analyze the situation. This article aims to dissect the financial results and speculate on their potential impact on the future of the company.
Revenue Growth:
Consumers Bancorp Inc recorded a year-over-year revenue growth of 3.191%, reaching $9.54 million compared to $9.24 million in the previous year. This increase in revenue is an encouraging sign for the company, indicating a rise in demand and consumer interest. It suggests that Consumers Bancorp Inc has been able to attract more customers and generate higher sales.
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Huntington Bancshares Incorporated
Huntington Bancshares Incorporated, a prominent commercial bank in the United States, recently released its second quarter earnings report for 2023, providing investors and analysts with insights into the company's financial performance. The report highlights various key metrics, including net profit per share, revenue, earnings, profit margins, and stock performance.
Over the second quarter of 2023, HBAN's net profit per share remained unchanged at $0.35 per share compared to the same period last year. However, profits witnessed a decline of -10.26% from the previous financial reporting period when it stood at $0.39 per share. Although this decline may be seen as a setback, it is essential to consider the context of the wider commercial banking industry. Despite the decrease in profits, HBAN experienced an average top-line improvement of 12.96% relative to the corresponding period last year, outperforming its industry peers.
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Camden National Corp
Camden National Corp, a leading financial institution, recently reported weak financial results for the period closing on June 30, 2023. The company witnessed a decline in income by 16.67% to $0.85 per share and a decrease in revenue by 5.809% to $42.70 million compared to the previous year. Even when comparing it to the preceding period, earnings per share saw a decrease of 2.3% from $0.87 per share, while revenue showed a modest growth of 1.312% from $42.14 million.
The bottom-line of $12.389 million in the financial period ending June 30, 2023, also suffered a decline of 17.55% compared to the corresponding period a year ago when it was at $15.026 million. This demonstrates a challenging period for Camden National Corp in terms of financial performance.
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Park National Corporation
Introduction
The Park National Corporation, a prominent player in the Commercial Banks sector, recently released its financial reports for the second quarter of 2023. While the company saw a commendable revenue elevation of 1.742%, it unfortunately experienced a notable income decline of -7.62% when compared to the previous fiscal period. This article highlights key facts from the report and sheds light on the company's performance in relation to the sector.
Revenue and Earnings Analysis
Park National Corporation recorded revenues of $114.10 million in the April to June 30, 2023 timeframe, which amounts to a decrease of -12.96% relative to the same period in the previous year. This decline seems consistent with the trend observed across the Commercial Banks sector as a whole.
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United Security Bancshares
United Security Bancshares, a commercial bank, reported impressive financial results for the three months ending June 30, 2023. The company's net profit per share increased by a remarkable 30% to $0.26 per share compared to the prior year period. Additionally, the company recorded a revenue growth of 19.404% to $12.42 million during the same period, outperforming its peers in the commercial banks industry, which saw an average business growth of 13.22%.
However, it is worth noting that United Security Bancshares experienced a decline in earnings and revenue compared to the previous reporting period. Earnings per share decreased by -27.78% from $0.36, and revenue fell by -16.539% from $14.89 million. Despite this decline, the net profits of $4.417 million in the most recent fiscal period increased by 28.59% from $3.435 million reported in the same period a year ago.
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| Per Share |
Current |
| Earnings (TTM) |
2.51 $ |
| Revenues (TTM) |
7.98 $
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| Cash Flow (TTM) |
19.29 $ |
| Cash |
-
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| Book Value |
28.37 $
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| Dividend (TTM) |
0.61 $ |
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| Per Share |
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| Earnings (TTM) |
2.51 $
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| Revenues (TTM) |
7.98 $ |
| Cash Flow (TTM) |
19.29 $ |
| Cash |
-
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| Book Value |
28.37 $ |
| Dividend (TTM) |
0.61 $ |
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