First Bancshares Past Earnings Performance
Past criteria checks 2/6
First Bancshares has been growing earnings at an average annual rate of 11.5%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 15.2% per year. First Bancshares's return on equity is 6.9%, and it has net margins of 26%.
Key information
11.5%
Earnings growth rate
-0.8%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 15.2% |
| Return on equity | 6.9% |
| Net Margin | 26.0% |
| Next Earnings Update | 22 Jan 2025 |
Recent past performance updates
Recent updates
First Bancshares' (NYSE:FBMS) Dividend Will Be $0.25
Jul 28
First Bancshares (NASDAQ:FBMS) Has Announced That It Will Be Increasing Its Dividend To $0.24
Oct 29First 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 14Revenue & Expenses Breakdown
How First Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 269 | 70 | 135 | 0 |
| 30 Jun 24 | 277 | 76 | 133 | 0 |
| 31 Mar 24 | 285 | 80 | 131 | 0 |
| 31 Dec 23 | 282 | 75 | 130 | 0 |
| 30 Sep 23 | 278 | 81 | 119 | 0 |
| 30 Jun 23 | 253 | 70 | 113 | 0 |
| 31 Mar 23 | 226 | 62 | 106 | 0 |
| 31 Dec 22 | 207 | 63 | 98 | 0 |
| 30 Sep 22 | 201 | 62 | 95 | 0 |
| 30 Jun 22 | 197 | 65 | 92 | 0 |
| 31 Mar 22 | 194 | 64 | 91 | 0 |
| 31 Dec 21 | 194 | 64 | 90 | 0 |
| 30 Sep 21 | 191 | 64 | 89 | 0 |
| 30 Jun 21 | 183 | 59 | 88 | 0 |
| 31 Mar 21 | 177 | 61 | 87 | 0 |
| 31 Dec 20 | 162 | 53 | 84 | 0 |
| 30 Sep 20 | 156 | 49 | 79 | 0 |
| 30 Jun 20 | 150 | 49 | 74 | 0 |
| 31 Mar 20 | 147 | 44 | 69 | 0 |
| 31 Dec 19 | 145 | 44 | 66 | 0 |
| 30 Sep 19 | 136 | 39 | 72 | 0 |
| 30 Jun 19 | 126 | 32 | 69 | 0 |
| 31 Mar 19 | 115 | 25 | 67 | 0 |
| 31 Dec 18 | 103 | 21 | 51 | 0 |
| 30 Sep 18 | 91 | 17 | 52 | 0 |
| 30 Jun 18 | 83 | 16 | 49 | 0 |
| 31 Mar 18 | 75 | 13 | 47 | 0 |
| 31 Dec 17 | 73 | 11 | 47 | 0 |
| 30 Sep 17 | 68 | 10 | 38 | 0 |
| 30 Jun 17 | 62 | 8 | 36 | 0 |
| 31 Mar 17 | 56 | 8 | 33 | 0 |
| 31 Dec 16 | 51 | 10 | 31 | 0 |
| 30 Sep 16 | 49 | 10 | 28 | 0 |
| 30 Jun 16 | 47 | 9 | 27 | 0 |
| 31 Mar 16 | 46 | 9 | 26 | 0 |
| 31 Dec 15 | 44 | 8 | 26 | 0 |
| 30 Sep 15 | 43 | 8 | 26 | 0 |
| 30 Jun 15 | 42 | 7 | 26 | 0 |
| 31 Mar 15 | 41 | 7 | 26 | 0 |
| 31 Dec 14 | 40 | 6 | 25 | 0 |
| 30 Sep 14 | 38 | 6 | 25 | 0 |
| 30 Jun 14 | 37 | 5 | 24 | 0 |
| 31 Mar 14 | 36 | 4 | 23 | 0 |
| 31 Dec 13 | 34 | 4 | 22 | 0 |
Quality Earnings: FBMS has high quality earnings.
Growing Profit Margin: FBMS's current net profit margins (26%) are lower than last year (29%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FBMS's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: FBMS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FBMS had negative earnings growth (-13.3%) over the past year, making it difficult to compare to the Banks industry average (-11.7%).
Return on Equity
High ROE: FBMS's Return on Equity (6.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:46 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
The First Bancshares, Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Burkenroad Reports |
| Brett Rabatin | Hovde Group, LLC |
| Christopher Marinac | Janney Montgomery Scott LLC |