CSIMarket
 


The First Bancshares Inc   (FBMS)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 

FBMS's Net Income Growth by Quarter and Year

The First Bancshares Inc 's Net Income results by quarter and year




FBMS Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 16.29 15.79 15.33
III Quarter September 24.36 14.04 16.13 11.92
II Quarter June 23.78 15.75 15.60 16.94
I Quarter March 16.27 16.83 16.64 8.31
FY   64.41 62.91 64.16 52.50



FBMS Net Income third quarter 2023 Y/Y Growth Comment
The First Bancshares Inc achieved in the third quarter 2023, above Company average Net Income rise of 73.5% year on year, to $ 24.36 millions.

Looking into third quarter 2023 results within Commercial Banks industry 3 other companies have achieved higher Net Income growth. While The First Bancshares Inc ' s Net Income jump of 73.5% ranks overall at the positon no. 298 in the third quarter 2023.




FBMS Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 3.17 % 3 % 29.26 %
III Quarter September 73.5 % -12.96 % 35.32 % -2.85 %
II Quarter June 50.98 % 0.96 % -7.91 % 41.4 %
I Quarter March -3.33 % 1.14 % 100.24 % 8.77 %
FY   - -1.95 % 22.21 % 20 %

Financial Statements
The First Bancshares Inc 's third quarter 2023 Net Income $ 24.36 millions FBMS's Income Statement
The First Bancshares Inc 's third quarter 2022 Net Income $ 14.04 millions Quarterly FBMS's Income Statement
New: More FBMS's historic Net Income Growth >>


FBMS Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 16.03 % -2.11 % 28.61 %
III Quarter September 2.44 % -10.86 % 3.4 % -29.63 %
II Quarter June 46.16 % -6.42 % -6.25 % 103.85 %
I Quarter March -0.12 % 6.59 % 8.55 % -29.93 %
FY (Year on Year)   - -1.95 % 22.21 % 20 %




Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #4
Financial Sector #85
Overall #298

Net Income Y/Y Growth Statistics
High Average Low
252.67 % 41.57 % -56.91 %
(Mar 31 2018)   (Mar 31 2017)
Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #4
Financial Sector #85
Overall #298
Net Income Y/Y Growth Statistics
High Average Low
252.67 % 41.57 % -56.91 %
(Mar 31 2018)   (Mar 31 2017)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

The First Bancshares Inc 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
103.86 % 8.42 % -52.85 %
(Jun 30 2020)  


FBMS's III. Quarter Q/Q Net Income Comment
The First Bancshares Inc achieved in the III. Quarter 2023 below company average Net Income growth of 2.44% quarter on quarter, to $ 24.36 millions.

Even if the III. Quarter 2023 The First Bancshares Inc 's Net Income sequential growth was below the regular of 8.42 %, this has been yet encouraging news, as the III. Quarter improvement, outshines the -10.86% surge in the III. Quarter 2022

Within Commercial Banks industry 22 other companies have achieved higher Net Income quarter on quarter growth. While The First Bancshares Inc 's Net Income growth quarter on quarter, overall rank is 998.


Net Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #23
Financial Sector #296
Overall #998
Net Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #23
Financial Sector #296
Overall #998
Net Income Q/Q Growth Statistics
High Average Low
103.86 % 8.42 % -52.85 %
(Jun 30 2020)  


FBMS's III. Quarter Q/Q Net Income Comment
The First Bancshares Inc achieved in the III. Quarter 2023 below company average Net Income growth of 2.44% quarter on quarter, to $ 24.36 millions.

Although the III. Quarter 2023 performance was lower than the regular of 8.42 %, it was yet good sign, as the III. Quarter surge, transcends the -10.86% Net Income growth in the same quarter a year ago

Within Commercial Banks industry 22 other companies have achieved higher Net Income quarter on quarter growth. While The First Bancshares Inc 's Net Income growth quarter on quarter, overall rank is 998.


The First Bancshares Inc 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Net Income 12 Months Ending $ 80.70 $ 70.39 $ 62.36 $ 62.92 $ 62.42
Y / Y Net Income Growth (TTM) 29.3 % 9.12 % -3.09 % -1.94 % -2.03 %
Year on Year Net Income Growth Overall Ranking # 885 # 716 # 899 # 558 # 1043
Seqeuential Net Income Change (TTM) 14.66 % 12.87 % -0.89 % 0.81 % -3.24 %
Seq. Net Income Growth (TTM) Overall Ranking # 908 # 1091 # 984 # 897 # 1484




Cumulative Net Income growth Comment
Although The First Bancshares Inc 's Annual Net Income growth year on year were below company's average 36.85% , Net Income announced in the Sep 30 2023 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 29.3% year on year, from 9.12% in Jun 30 2023.

In the Financial sector 267 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 716 to 885.

Net Income TTM Q/Q Growth Statistics
High Average Low
133.63 %
36.85 %
-7.86 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 35
Financial Sector # 268
Overall # 885

Net Income TTM Y/Y Growth Statistics
High Average Low
133.63 %
36.85 %
-7.86 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 35
Sector # 276
S&P 500 # 908
Cumulative Net Income growth Comment
Although The First Bancshares Inc 's Annual Net Income growth year on year were below company's average 36.85% , Net Income announced in the Sep 30 2023 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 29.3% year on year, from 9.12% in Jun 30 2023.

In the Financial sector 267 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 716 to 885.

Net Income TTM Q/Q Growth Statistics
High Average Low
133.63 %
36.85 %
-7.86 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 35
Financial Sector # 268
Overall # 885

Net Income TTM Y/Y Growth Statistics
High Average Low
133.63 %
36.85 %
-7.86 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 35
Sector # 276
S&P 500 # 908




Other Net Income Growth
Commercial Banks Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
FBMS's Net Income Growth Ratio versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for FBMS's Competitors
Net Income Growth for The First Bancshares Inc 's Suppliers
Net Income Growth for FBMS's Customers

You may also want to know
FBMS's Annual Growth Rates FBMS's Profitability Ratios FBMS's Asset Turnover Ratio FBMS's Dividend Growth
FBMS's Roe FBMS's Valuation Ratios FBMS's Financial Strength Ratios FBMS's Dividend Payout Ratio
FBMS's Roa FBMS's Inventory Turnover Ratio FBMS's Growth Rates FBMS's Dividend Comparisons



Companies with similar Net Income growth for the quarter ending Sep 30 2023 within Financial SectorY/Y Change %Net Income for the quarter ending Sep 30 2023
National Bank Holdings Corp127.84%$ 127.836 millions
L Catterton Asia Acquisition Corp122.82%$ 122.818 millions
Bynordic Acquisition Corporation119.96%$ 119.959 millions
Equity Commonwealth114.65%$ 114.647 millions
Kimco Realty Corporation114.28%$ 114.277 millions
Federal Home Loan Bank Of Pittsburgh109.78%$ 109.785 millions
Selective Insurance Group Inc 109.78%$ 109.778 millions
Capitalworks Emerging Markets Acquisition Corp105.97%$ 105.975 millions
Federal Home Loan Mortgage Corporation104.49%$ 104.494 millions
Federal Home Loan Bank Of Des Moines102.29%$ 102.290 millions
Cna Financial Corporation101.56%$ 101.563 millions
Empire State Realty Op L p 96.96%$ 96.956 millions
Federal Home Loan Bank Of Indianapolis94.98%$ 94.978 millions
Zalatoris Acquisition Corp 94.38%$ 94.380 millions
The Hartford Financial Services Group Inc 93.69%$ 93.694 millions
Loews Corp93.01%$ 93.007 millions
Federal National Mortgage Association Fannie Mae92.90%$ 92.898 millions
Coliseum Acquisition Corp 91.91%$ 91.910 millions
Jackson Financial Inc 90.05%$ 90.054 millions
Presidential Realty Corp89.53%$ 89.527 millions
Optimumbank Holdings Inc 88.56%$ 88.559 millions
Sei Investments Company87.58%$ 87.582 millions
Federal Home Loan Bank Of Cincinnati86.81%$ 86.808 millions
Broadstone Net Lease Inc 81.63%$ 81.633 millions
Banc Of California Inc 75.95%$ 75.955 millions
Affiliated Managers Group inc 74.07%$ 74.072 millions
Gladstone Land Corp73.92%$ 73.920 millions
Composecure Inc 73.79%$ 73.787 millions
The First Bancshares Inc 73.47%$ 73.467 millions
Screaming Eagle Acquisition Corp 73.15%$ 73.151 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com