FBSI Stock Overview
First Bancshares, Inc. operates as the bank holding company for Stockmens Bank that provides banking and mortgage services to individual and corporate customers in southern Missouri, eastern Colorado, and southwestern Nebraska.
First Bancshares Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$17.55|
|52 Week High||US$18.00|
|52 Week Low||US$14.80|
|1 Month Change||2.15%|
|3 Month Change||n/a|
|1 Year Change||17.00%|
|3 Year Change||19.79%|
|5 Year Change||51.29%|
|Change since IPO||205.22%|
Recent News & Updates
|FBSI||US Mortgage||US Market|
Return vs Industry: FBSI exceeded the US Mortgage industry which returned -24.3% over the past year.
Return vs Market: FBSI exceeded the US Market which returned -13% over the past year.
|FBSI Average Weekly Movement||n/a|
|Mortgage Industry Average Movement||3.7%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.2%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: Insufficient data to determine FBSI's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine FBSI's volatility change over the past year.
About the Company
First Bancshares, Inc. operates as the bank holding company for Stockmens Bank that provides banking and mortgage services to individual and corporate customers in southern Missouri, eastern Colorado, and southwestern Nebraska. It accepts various deposit products. The company also offers real estate loans, including one-to-four family residential mortgage loans, multi-family residential loans, commercial real estate loans, agricultural real estate loans, and home equity loans; and non-real estate loans, such as commercial business, agricultural business, and consumer loans.
First Bancshares Fundamentals Summary
|FBSI fundamental statistics|
Is FBSI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FBSI income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.10|
|Net Profit Margin||29.59%|
How did FBSI perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is FBSI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FBSI?
Other financial metrics that can be useful for relative valuation.
|What is FBSI's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FBSI's PE Ratio compare to its peers?
|FBSI PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
OTTW Ottawa Bancorp
HLFN Home Loan Financial
KSBI KS Bancorp
FBSI First Bancshares
Price-To-Earnings vs Peers: FBSI is good value based on its Price-To-Earnings Ratio (8.4x) compared to the peer average (10.3x).
Price to Earnings Ratio vs Industry
How does FBSI's PE Ratio compare vs other companies in the US Mortgage Industry?
Price-To-Earnings vs Industry: FBSI is good value based on its Price-To-Earnings Ratio (8.4x) compared to the US Mortgage industry average (11.7x)
Price to Earnings Ratio vs Fair Ratio
What is FBSI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.4x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FBSI's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FBSI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FBSI ($17.55) is trading below our estimate of fair value ($23.56)
Significantly Below Fair Value: FBSI is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is First Bancshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as First Bancshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine whether First Bancshares is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access First Bancshares's filings and announcements here.
How has First Bancshares performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FBSI has high quality earnings.
Growing Profit Margin: FBSI's current net profit margins (29.6%) are higher than last year (29.2%).
Past Earnings Growth Analysis
Earnings Trend: FBSI's earnings have grown significantly by 33.4% per year over the past 5 years.
Accelerating Growth: FBSI's earnings growth over the past year (15.4%) is below its 5-year average (33.4% per year).
Earnings vs Industry: FBSI earnings growth over the past year (15.4%) exceeded the Mortgage industry 1.7%.
Return on Equity
High ROE: FBSI's Return on Equity (11.4%) is considered low.
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How is First Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score4/6
Financial Health Score 4/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FBSI's Assets to Equity ratio (10.2x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if FBSI has a sufficient allowance for bad loans.
Low Risk Liabilities: 99% of FBSI's liabilities are made up of primarily low risk sources of funding.
Loan Level: FBSI has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: FBSI's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: Insufficient data to determine if FBSI has an appropriate level of bad loans.
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What is First Bancshares's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FBSI's dividend (1.71%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: FBSI's dividend (1.71%) is low compared to the top 25% of dividend payers in the US market (4.08%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FBSI has been paying a dividend for less than 10 years.
Growing Dividend: FBSI's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.7%), FBSI's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rob Alexander (58 yo)
Mr. Robert Mitchell Alexander, also known as Rob, has been the Chairman and Chief Executive Officer of First Bancshares Inc. since August 25, 2017 and served as its President since August 2017. Mr. Alexan...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD458.49K) is below average for companies of similar size in the US market ($USD763.69K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Experienced Board: FBSI's board of directors are considered experienced (8.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Bancshares, Inc.'s employee growth, exchange listings and data sources
- Name: First Bancshares, Inc.
- Ticker: FBSI
- Exchange: OTCPK
- Founded: 1911
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: US$42.864m
- Shares outstanding: 2.44m
- Website: https://www.thestockmensbank.com
- First Bancshares, Inc.
- 142 East First Street
- PO Box 777
- Mountain Grove
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/09 00:00|
|End of Day Share Price||2022/08/02 00:00|
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.