The First Bancshares, Inc.

The First Bancshares, Inc.

FBMS
The First Bancshares, Inc.US flagNASDAQ Global Market
33.81
USD
+0.16
- -
1.06BMarket Cap
The First Bancshares, Inc.
FBMS
(NASDAQ Global Market)

Recent

price

33.81

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
6.28
6.86
7.73
9.21
8.21
7.73
8.14
5.64
7.63
7
7.76
8.68
9.03
8.77
9.25
8.79
8.79
Revenue per Share
0.5
0.74
0.83
1.17
0.98
1.2
1.57
1.08
1.12
1.43
2.33
2.49
3.05
2.62
2.41
2.45
2.45
Basic EPS, GAAP
1.82
2.87
1.88
3.16
3.99
1.16
1.18
0.59
1.79
1.85
1.96
2.22
4.21
3.1
3.34
2.61
2.61
Free Cash Flow per Basic Share
0.06
0.24
0.26
0.26
0.22
0.21
0.21
0.14
0.15
0.17
0.28
0.41
0.57
0.68
0.88
0.97
0.97
Dividend per Share
5.31
5.89
6.49
7.45
6.4
6.37
7.64
5.95
6.85
5.86
6.89
8.33
10.84
11.57
10.6
12.02
12.02
Book Value per Share
12.67
13.07
11.14
12.75
13.29
12.78
13.51
15.65
21.36
18.44
20.48
23.11
24.72
19.41
21.56
21.38
21.38
Tangible Book Value per Share
3
3
3
3
4
5
5
9
9
15
19
21
21
24
31
32
32
Basic Weighted Avg Shares
19
21
24
29
35
40
44
51
72
104
146
183
190
211
290
277
277
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1
1
1
2
2
2
2
2
3
4
5
12
14
12
12
10
10
Depreciation Expense
2
3
3
4
5
7
9
10
11
21
44
53
64
63
75
77
77
Net Income, GAAP
22.77
25.12
13.99
21.02
25.69
26.92
26.75
27.97
39.58
21.44
22.5
16.75
20.86
20.04
22.05
21.2
21.2
Effective Tax Rate (%)
9.23
12.31
12.13
14.2
13.07
16.37
20.14
19.96
14.67
20.45
29.97
28.65
33.79
29.86
26
27.87
27.87
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
10
10
22
42
57
95
110
74
114
166
299
268
151
285
132
342
342
LT Debt
44
57
60
66
85
96
103
155
222
363
544
645
676
647
949
1,005
1,005
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
9.96
13.22
13.43
16.87
16.62
20.51
22.75
20.45
17.93
27.97
40.45
34.4
31.79
24.88
24.72
21.71
21.71
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
- -
- -
- -
LT Borrowings
306
331
334
LT Finance Leases
8
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
31
31
Market Capitalization
805
1,005
1,103

Working Capital

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,332
1,274
763
Accounts Receivable, Net
35
33
34
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
15
14
14
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.56%
14.36%
5.94%
Free Cash Flow
42.29%
23.93%
-21.59%
Net Income, GAAP
32.15%
12.51%
2.3%
Sales/Revenue/Turnover
22.43%
14.66%
-4.54%
Total Cash Common Dividend
49.13%
44.28%
11.3%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
50
51
58
52
211
2023
77
78
80
55
290
2024
70
71
72
64
277

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.81
0.77
0.61
0.68
2.62
2023
0.52
0.76
0.78
0.35
2.41
2024
0.66
0.62
0.59
- -
2.45

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.17
0.18
0.2
0.2
0.68
2023
0.21
0.21
0.22
0.23
0.88
2024
0.24
0.24
0.24
- -
0.97
Business
The First Bancshares, Inc. (NYSE: FBMS) operates as the bank holding company for The First Bank, a national banking association providing general commercial and retail banking services through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company; it offers deposit products including checking accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and health savings accounts; commercial loans comprising secured and unsecured loans for working capital, business expansion, equipment, and machinery; consumer loans such as equity lines of credit and financing for automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; residential mortgage loans for purchasing or constructing homes and refinancing; financial and wealth management services; and additional services encompassing online and mobile banking, automated teller machines, voice response telephone inquiry, commercial sweep and cash management accounts, safe deposit boxes, merchant services, direct deposit, automatic drafts, and credit card services. The company, founded in 1996 and headquartered in Hattiesburg, Mississippi, maintains full-service banking offices, motor bank facilities, and loan production offices across Mississippi, Alabama, Florida, Georgia, and Louisiana, serving small to medium-sized businesses, professionals, individuals, associations, organizations, and governmental authorities. In a major strategic development, The First Bancshares finalized a merger agreement with Renasant Corporation in July 2024, an all-stock transaction whereby First Bancshares shareholders receive 1.0 share of Renasant common stock per share owned; the merger received shareholder and all necessary regulatory approvals by March 2025 and remains pending customary closing conditions, with completion anticipated in the first half of 2025.

Company News

APIChat
  • Renasant and The First Announce Receipt of Regulatory Approvals for Merger

  • The First Bancshares, Inc. Reports Results for Fourth Quarter ended December 31, 2024

  • The First Bancshares (FBMS) Tops Q3 Earnings Estimates

  • The First Bancshares, Inc. Reports Results for Third Quarter Ended September 30, 2024

  • The First Bancshares, Inc. Announces Receipt of Shareholder Approval for Merger

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Mergers and Upcoming Votes of PETQ and FBMS

  • STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Mergers and Imminent Votes of PETQ and FBMS

  • STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Mergers and Imminent Votes of PETQ and FBMS

  • THE FIRST BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The First Bancshares, Inc. - FBMS

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

  • The First Bancshares (FBMS) Upgraded to Buy: What Does It Mean for the Stock?

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of The First Bancshares, Inc. – FBMS

  • Shareholder Alert: Ademi LLP investigates whether The First Bancshares, Inc. has obtained a Fair Price for its Public Shareholders

  • Renasant Corporation to Acquire The First Bancshares, Inc.

  • The First Bancshares, Inc. (FBMS) Q2 2024 Earnings Call Transcript

  • The First Bancshares (FBMS) Q2 Earnings and Revenues Top Estimates

  • Earnings Preview: The First Bancshares (FBMS) Q2 Earnings Expected to Decline

  • The First Bancshares, Inc. Announces Transfer of Listing of Common Stock to the New York Stock Exchange

  • The First Bancshares to Participate in 2024 Gulf South Bank Conference

  • The First Bancshares (FBMS) Surpasses Q1 Earnings and Revenue Estimates