First Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
First Bancshares has total assets of $8.0B and total equity of $959.9M. Total deposits are $6.7B, and total loans are $5.1B. It earns a Net Interest Margin of 3.6%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $351.5M.
Key information
8.3x
Asset to equity ratio
3.6%
Net interest margin
| Total deposits | US$6.71b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.2% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$351.45m |
Recent financial health updates
Recent updates
First Bancshares (NASDAQ:FBMS) Has Announced That It Will Be Increasing Its Dividend To $0.24
Oct 29
First Bancshares' (NASDAQ:FBMS) Upcoming Dividend Will Be Larger Than Last Year's
Apr 30First Bancshares (NASDAQ:FBMS) Is Increasing Its Dividend To $0.21
Jan 29First Bancshares (NASDAQ:FBMS) Is Increasing Its Dividend To $0.20
Nov 01First Bancshares (NASDAQ:FBMS) Is Increasing Its Dividend To $0.19
Aug 02First Bancshares raises dividend 5.6% to $0.19/share
Jul 27First Bancshares receives regulatory approvals for Beach Bancorp acquisition
Jul 06First Bancshares' (NASDAQ:FBMS) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 29First Bancshares (NASDAQ:FBMS) Is Increasing Its Dividend To US$0.16
Oct 28First Bancshares (NASDAQ:FBMS) Is Increasing Its Dividend To US$0.15
Jul 30Does First Bancshares (NASDAQ:FBMS) Deserve A Spot On Your Watchlist?
Jun 09Most Shareholders Will Probably Find That The CEO Compensation For The First Bancshares, Inc. (NASDAQ:FBMS) Is Reasonable
May 14Don't Ignore The Fact That This Insider Just Sold Some Shares In The First Bancshares, Inc. (NASDAQ:FBMS)
Feb 24Is It Smart To Buy The First Bancshares, Inc. (NASDAQ:FBMS) Before It Goes Ex-Dividend?
Feb 04Is The First Bancshares, Inc. (NASDAQ:FBMS) An Attractive Dividend Stock?
Jan 27How Is First Bancshares' (NASDAQ:FBMS) CEO Paid Relative To Peers?
Dec 26The First Bancshares announces $30M buyback program
Dec 16If You Had Bought First Bancshares (NASDAQ:FBMS) Shares Five Years Ago You'd Have Earned 61% Returns
Nov 30Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FBMS's Assets to Equity ratio (8.3x) is low.
Allowance for Bad Loans: FBMS has a sufficient allowance for bad loans (492%).
Low Risk Liabilities: 96% of FBMS's liabilities are made up of primarily low risk sources of funding.
Loan Level: FBMS has an appropriate level of Loans to Assets ratio (64%).
Low Risk Deposits: FBMS's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: FBMS has an appropriate level of bad loans (0.2%).