The First Bancshares, Inc.

NYSE:FBMS Stock Report

Market Cap: US$1.1b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

First Bancshares Past Earnings Performance

Past criteria checks 4/6

First Bancshares has been growing earnings at an average annual rate of 10.3%, while the Banks industry saw earnings growing at 6.5% annually. Revenues have been growing at an average rate of 14.7% per year. First Bancshares's return on equity is 7.7%, and it has net margins of 27.6%.

Key information

10.33%

Earnings growth rate

-1.75%

EPS growth rate

Banks Industry Growth11.18%
Revenue growth rate14.70%
Return on equity7.68%
Net Margin27.60%
Last Earnings Update31 Dec 2024

Recent past performance updates

Recent updates

User avatar
New Narrative • Sep 24

Elevating Market Position With Critical Operations And Cost Management Amid Financial Challenges

First Bancshares' strategic focus on loan growth and operational efficiency improvements signifies potential for increased future revenues and profitability.
Analysis Article • Jul 28

First Bancshares' (NYSE:FBMS) Dividend Will Be $0.25

The First Bancshares, Inc.'s ( NYSE:FBMS ) investors are due to receive a payment of $0.25 per share on 23rd of August...
Analysis Article • Oct 29

First Bancshares (NASDAQ:FBMS) Has Announced That It Will Be Increasing Its Dividend To $0.24

The board of The First Bancshares, Inc. ( NASDAQ:FBMS ) has announced that it will be paying its dividend of $0.24 on...
Analysis Article • Apr 30

First Bancshares' (NASDAQ:FBMS) Upcoming Dividend Will Be Larger Than Last Year's

The First Bancshares, Inc. ( NASDAQ:FBMS ) has announced that it will be increasing its dividend from last year's...
Analysis Article • Jan 29

First Bancshares (NASDAQ:FBMS) Is Increasing Its Dividend To $0.21

The First Bancshares, Inc. ( NASDAQ:FBMS ) will increase its dividend from last year's comparable payment on the 24th...
Analysis Article • Nov 01

First Bancshares (NASDAQ:FBMS) Is Increasing Its Dividend To $0.20

The board of The First Bancshares, Inc. ( NASDAQ:FBMS ) has announced that it will be paying its dividend of $0.20 on...
Analysis Article • Aug 02

First Bancshares (NASDAQ:FBMS) Is Increasing Its Dividend To $0.19

The First Bancshares, Inc. ( NASDAQ:FBMS ) will increase its dividend from last year's comparable payment on the 25th...
Seeking Alpha • Jul 27

First Bancshares raises dividend 5.6% to $0.19/share

First Bancshares (NASDAQ:FBMS) declares $0.19/share quarterly dividend, 5.6% increase from prior dividend of $0.18. Forward yield 2.48% Payable Aug. 25; for shareholders of record Aug. 8; ex-div Aug. 5. See FBMS Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jul 06

First Bancshares receives regulatory approvals for Beach Bancorp acquisition

First Bancshares (NASDAQ:FBMS) received all required regulatory approvals for the consummation of its proposed acquisition of Beach Bancorp, parent company of Beach Bank. The acquisition is anticipated to become effective on Aug. 1, subject to the satisfaction of customary closing conditions and approval of the transaction by the shareholders of Beach Bancorp. Source: Press Release
Analysis Article • Jan 29

First Bancshares' (NASDAQ:FBMS) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of The First Bancshares, Inc. ( NASDAQ:FBMS ) has announced that it will be increasing its dividend on the...
Analysis Article • Oct 28

First Bancshares (NASDAQ:FBMS) Is Increasing Its Dividend To US$0.16

The board of The First Bancshares, Inc. ( NASDAQ:FBMS ) has announced that it will be increasing its dividend on the...

Revenue & Expenses Breakdown

How First Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:FBMS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 24280771370
30 Sep 24269701350
30 Jun 24277761330
31 Mar 24285801310
31 Dec 23282751300
30 Sep 23278811190
30 Jun 23253701130
31 Mar 23226621060
31 Dec 2220763980
30 Sep 2220162950
30 Jun 2219765920
31 Mar 2219464910
31 Dec 2119464900
30 Sep 2119164890
30 Jun 2118359880
31 Mar 2117761870
31 Dec 2016253840
30 Sep 2015649790
30 Jun 2015049740
31 Mar 2014744690
31 Dec 1914544660
30 Sep 1913639720
30 Jun 1912632690
31 Mar 1911525670
31 Dec 1810321510
30 Sep 189117520
30 Jun 188316490
31 Mar 187513470
31 Dec 177311470
30 Sep 176810380
30 Jun 17628360
31 Mar 17568330
31 Dec 165110310
30 Sep 164910280
30 Jun 16479270
31 Mar 16469260
31 Dec 15448260
30 Sep 15438260
30 Jun 15427260
31 Mar 15417260
31 Dec 14406250
30 Sep 14386250
30 Jun 14375240

Quality Earnings: FBMS has high quality earnings.

Growing Profit Margin: FBMS's current net profit margins (27.6%) are higher than last year (26.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FBMS's earnings have grown by 10.3% per year over the past 5 years.

Accelerating Growth: FBMS's earnings growth over the past year (2.3%) is below its 5-year average (10.3% per year).

Earnings vs Industry: FBMS earnings growth over the past year (2.3%) exceeded the Banks industry -1.3%.

Return on Equity

High ROE: FBMS's Return on Equity (7.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/31 14:50
End of Day Share Price 2025/03/31 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The First Bancshares, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher McGrattyKeefe, Bruyette, & Woods
Catherine Summerson MealorKeefe, Bruyette, & Woods