OTCPK:FIBH

Stock Analysis Report

First Bancshares (Bellevue OH)

Executive Summary

First Bancshares Inc. (Bellevue, OH) operates as operates as the bank holding company for First National Bank that provides financial services to individuals and corporate customers in the United States.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Risks

  • First Bancshares (Bellevue OH) is not covered by any analysts.

Share Price & News

How has First Bancshares (Bellevue OH)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.3%

OTCPK:FIBH

-1.8%

US Banks

-1.6%

US Market


1 Year Return

-16.8%

OTCPK:FIBH

-16.1%

US Banks

-3.0%

US Market

FIBH matched the Banks industry (-16.1%) over the past year.

FIBH underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

FIBHIndustryMarket
7 Day-1.3%-1.8%-1.6%
30 Day-2.5%-10.1%-5.7%
90 Day-9.1%-5.0%0.2%
1 Year-14.5%-16.8%-13.7%-16.1%-0.8%-3.0%
3 Year25.1%15.9%37.9%28.5%38.1%29.1%
5 Year95.5%73.9%49.3%33.2%50.8%34.1%

Price Volatility Vs. Market

How volatile is First Bancshares (Bellevue OH)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is First Bancshares (Bellevue OH) undervalued based on future cash flows and its price relative to the stock market?

23%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

First Bancshares (Bellevue OH)'s share price is below the future cash flow value, and at a moderate discount (> 20%).

First Bancshares (Bellevue OH)'s share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

First Bancshares (Bellevue OH) is good value based on earnings compared to the US Banks industry average.

First Bancshares (Bellevue OH) is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for First Bancshares (Bellevue OH), we can't assess if its growth is good value.


Price Based on Value of Assets

First Bancshares (Bellevue OH) is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is First Bancshares (Bellevue OH) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if First Bancshares (Bellevue OH) is high growth as no revenue estimate data is available.

First Bancshares (Bellevue OH)'s earnings are expected to grow by 1.8% yearly, however this is not considered high growth (20% yearly).

Unable to compare First Bancshares (Bellevue OH)'s revenue growth to the United States of America market average as no estimate data is available.

First Bancshares (Bellevue OH)'s earnings growth is positive but not above the United States of America market average.

First Bancshares (Bellevue OH)'s earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if First Bancshares (Bellevue OH) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has First Bancshares (Bellevue OH) performed over the past 5 years?

16.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

First Bancshares (Bellevue OH)'s year on year earnings growth rate has been positive over the past 5 years.

First Bancshares (Bellevue OH)'s 1-year earnings growth exceeds its 5-year average (26.2% vs 16.6%)

First Bancshares (Bellevue OH)'s earnings growth has not exceeded the US Banks industry average in the past year (26.2% vs 33.1%).


Return on Equity

First Bancshares (Bellevue OH) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

First Bancshares (Bellevue OH) used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if First Bancshares (Bellevue OH) improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is First Bancshares (Bellevue OH)'s financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

First Bancshares (Bellevue OH) has an acceptable proportion of non-loan assets held.

First Bancshares (Bellevue OH) has a sufficient allowance for bad loans.

First Bancshares (Bellevue OH)'s liabilities are made up of primarily low risk sources of funding.

First Bancshares (Bellevue OH)'s level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at First Bancshares (Bellevue OH) are broadly funded by customer deposits.

First Bancshares (Bellevue OH) has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is First Bancshares (Bellevue OH)'s current dividend yield, its reliability and sustainability?

2.77%

Current Dividend Yield


Dividend Yield and Payments Analysis

First Bancshares (Bellevue OH)'s pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

First Bancshares (Bellevue OH)'s dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Whilst dividend payments have been stable, First Bancshares (Bellevue OH) has been paying a dividend for less than 10 years.

Dividend payments have increased, but First Bancshares (Bellevue OH) only paid a dividend in the past 3 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of First Bancshares (Bellevue OH)'s salary, the management and board of directors tenure and is there insider trading?

7.6yrs

Average board tenure


CEO

Dean Miller 0

13.5yrs

Tenure

0

Mr. Dean J. Miller has been the Chief Executive Officer and President at First Bancshares Inc. (Bellevue, OH) since 2006 and also serves at First National Bank of Bellevue. Mr. Miller has over 30 years of  ...


Board Age and Tenure

7.6yrs

Average Tenure

The tenure for the First Bancshares (Bellevue OH) board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Dean Miller

    President

    • Tenure: 13.5yrs
  • Brian Harr (55yo)

    Executive VP & Chief Lending Officer of First National Bank of Bellevue

    • Tenure: 0.0yrs
  • Ed Schafer

    Senior VP & CFO

    • Tenure: 11.6yrs
  • Deb Hawkins

    VP & Secretary

    • Tenure: 0.0yrs

Board Members

  • Dean Miller

    President

    • Tenure: 13.5yrs
  • Michael Winthrop (67yo)

    Director

    • Tenure: 0.0yrs
  • Duff Milkie (53yo)

    Director

    • Tenure: 5.6yrs
  • James Stouffer

    Director

    • Tenure: 6.6yrs
  • Sharon Barnes

    Director

    • Tenure: 11.6yrs
  • John Coppeler

    Vice Chairman of the Board

    • Tenure: 0.0yrs
  • Gordon Gibbs

    Director Emeritus

    • Tenure: 0.0yrs
  • Steven Mays

    Chairman of the Board

    • Tenure: 0.0yrs
  • Mel Miller

    Director

    • Tenure: 8.6yrs
  • Adam Crockett

    Director

    • Tenure: 4.6yrs

Company Information

First Bancshares Inc. (Bellevue, OH)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First Bancshares Inc. (Bellevue, OH)
  • Ticker: FIBH
  • Exchange: OTCPK
  • Founded: 1875
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$20.564m
  • Shares outstanding: 537.62k
  • Website: https://www.fnblifetime.com

Location

  • First Bancshares Inc. (Bellevue, OH)
  • 120 North Street
  • Bellevue
  • Ohio
  • 44811
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FIBHOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2003

Biography

First Bancshares Inc. (Bellevue, OH) operates as operates as the bank holding company for First National Bank that provides financial services to individuals and corporate customers in the United States. I ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:51
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.