Morris State Bancshares, Inc.

Morris State Bancshares, Inc.

MBLU
Morris State Bancshares, Inc.US flagOther OTC
25.00
USD
- -
- -
265.94MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.04
3.36
4.36
5.05
5.62
5.72
5.33
5.65
- -
6.11
Basic EPS, GAAP
1.28
1.45
1.37
1.66
2.28
2
1.83
2.06
- -
2.12
Free Cash Flow per Basic Share
1.46
1.6
1.16
1.72
3.23
2.09
2.52
2.75
- -
- -
Dividend per Share
0.68
0.46
0.19
0.35
0.3
0.35
0.35
0.37
- -
- -
Book Value per Share
- -
5.69
7.23
8.15
10.1
11.69
12.97
15.44
- -
15.94
Tangible Book Value per Share
- -
7.6
9.98
11.2
12.99
14.52
15.79
17.44
- -
18.1
Basic Weighted Avg Shares
10
10
10
10
11
11
11
11
- -
11
Sales/Revenue/Turnover
32
35
43
53
59
60
56
60
74
65
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
1
2
2
2
2
1
2
- -
Net Income, GAAP
13
15
14
17
24
21
19
22
26
23
Effective Tax Rate (%)
- -
- -
13.41
18.13
8.63
4.57
10
5.26
24.2
15.41
Profit Margin (%)
41.88
43.2
31.51
32.89
40.55
34.92
34.26
36.39
35.66
34.67
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
10
15
29
30
50
28
20
5
20
Total Equity
- -
82
111
129
148
165
178
196
212
203
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
51.06
20.74
22.16
25.01
18.37
14.82
14.49
15.41
13.96

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
19
19
19
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
240
222
234

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
63
102
116
Accounts Receivable, Net
7
6
7
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
2
3
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.44%
8.57%
Free Cash Flow
- -
17.51%
4.27%
Net Income, GAAP
- -
10.32%
21.48%
Sales/Revenue/Turnover
- -
7.49%
23.95%
Total Cash Common Dividend
- -
15.94%
71.54%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
14
14
14
14
56
2024
14
15
15
16
60
2025
17
18
23
- -
74

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.39
0.45
0.42
- -
1.83
2024
0.46
0.5
0.51
- -
2.06
2025
0.46
0.57
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.35
2024
- -
- -
- -
- -
0.37
2025
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Spence N. Mullis
Full Time Employees
140
Sector
Financial Services
Industry
Banks - Regional
Address
301 Bellevue Avenue Dublin GA United States of America 31021
IPO Date
Nov 15, 2019
Business
Morris State Bancshares, Inc. (OTCQX: MBLU) operates as the bank holding company for Morris Bank, which provides a full range of commercial and retail banking services to individuals, small businesses, and local enterprises primarily in middle and central Georgia; core offerings include checking, savings, negotiable order of withdrawal (NOW), individual retirement, demand, time, CDARS, and ICS deposit accounts; personal loans for home mortgages, vehicles, consumer purchases, and family needs; commercial loans for equipment, machinery, real estate, working capital, agricultural, industrial, SBA program, construction, development, recreation, and business purposes; treasury and merchant services; debit/ATM and credit cards; safe deposit boxes; IOLTA and escrow accounts; credit reports; online, mobile, and telephone banking; mortgage services; and commercial letters of credit. Founded in 1954 and headquartered at 301 Bellevue Avenue in Dublin, Georgia, the company maintains offices across middle Georgia communities including Warner Robins, Gray, and Gordon, with recent expansion into Macon-Bibb County through the appointment of a market president. In November 2025, Morris State Bancshares announced a strategic partnership and merger with Pinnacle Financial Corporation, creating a combined entity with approximately $3.8 billion in assets, $3.3 billion in deposits, and $2.8 billion in loans across 35 branches in Georgia's fastest-growing markets, enhancing scale, lending capacity, technology, and service continuity while positioning the new community bank for further industry consolidation. Morris Bank also earned recognition on Forbes' 2025 list of Best-In-State Banks based on customer surveys.

Company News

APIChatGPT
  • Morris State Bancshares Announces Shareholder Approval and Special Pre-Closing Dividend

  • Pinnacle Financial Corporation and Morris State Bancshares Announce Name Change to Vallant Financial

  • Pinnacle Financial Corporation and Morris State Bancshares Jointly Announce Partnership to Form a Leading Georgia Community Bank

  • Pinnacle Financial Corporation and Morris State Bancshares Jointly Announce Partnership to Form a Leading Georgia Community Bank

  • Morris State Bancshares Announces Strong Quarterly Earnings and Declares Fourth Quarter Dividend

  • Morris Bank Recognized on Forbes List of Best Banks in Each State

  • Morris State Bancshares Announces Quarterly Earnings and Declares Second Quarter Dividend

  • Morris State Bancshares Declares Special Dividend

  • Morris State Bancshares Announces Quarterly Earnings, Announces Retirement of Sub-Debt Tranche and Declares Third Quarter Dividend

  • Morris State Bancshares Announces Quarterly Earnings and Declares Second Quarter Dividend

  • Morris State Bancshares Announces Stock Dividend

  • Morris State Bancshares Announces Solid Earnings in 2023 and Increases Quarterly Dividend

  • Morris State Bancshares Announces Quarterly Earnings and Declares Fourth Quarter Dividend

  • Morris State Bancshares Announces Quarterly Earnings and Declares Third Quarter Dividend

  • Morris State Bancshares Announces Quarterly Earnings and Declares Third Quarter Dividend