company background image
FIBH

First Bancshares (Bellevue OH) OTCPK:FIBH Stock Report

Last Price

US$41.69

Market Cap

US$22.4m

7D

-3.0%

1Y

-0.6%

Updated

29 Jun, 2022

Data

Company Financials
FIBH fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

FIBH Stock Overview

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

First Bancshares (Bellevue OH) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Bancshares (Bellevue OH)
Historical stock prices
Current Share PriceUS$41.69
52 Week HighUS$57.00
52 Week LowUS$40.70
Beta0.40
1 Month Change-3.05%
3 Month Changen/a
1 Year Change-0.62%
3 Year Change4.23%
5 Year Change15.81%
Change since IPO105.03%

Recent News & Updates

Shareholder Returns

FIBHUS BanksUS Market
7D-3.0%-0.01%1.6%
1Y-0.6%-18.2%-20.8%

Return vs Industry: FIBH exceeded the US Banks industry which returned -16.9% over the past year.

Return vs Market: FIBH exceeded the US Market which returned -20.4% over the past year.

Price Volatility

Is FIBH's price volatile compared to industry and market?
FIBH volatility
FIBH Average Weekly Movementn/a
Banks Industry Average Movement3.8%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: Insufficient data to determine FIBH's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine FIBH's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1875n/aDean Millerhttps://www.fnblifetime.com

First Bancshares Inc. (Bellevue, OH) operates as the bank holding company for First National Bank that provides financial services to individuals and corporate customers in the United States. It accepts checking, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides personal loans, such as mortgage, home equity, auto, and boat loans; and commercial loans, including commercial real estate, farm line of credit, farm real estate, farm term, line of credit, and term loans, as well as credit cards.

First Bancshares (Bellevue OH) Fundamentals Summary

How do First Bancshares (Bellevue OH)'s earnings and revenue compare to its market cap?
FIBH fundamental statistics
Market CapUS$22.41m
Earnings (TTM)US$3.02m
Revenue (TTM)US$11.45m

7.4x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FIBH income statement (TTM)
RevenueUS$11.45m
Cost of RevenueUS$0
Gross ProfitUS$11.45m
Other ExpensesUS$8.43m
EarningsUS$3.02m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)5.63
Gross Margin100.00%
Net Profit Margin26.41%
Debt/Equity Ratio17.0%

How did FIBH perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

20%

Payout Ratio

Does FIBH pay a reliable dividends?

See FIBH dividend history and benchmarks
When do you need to buy FIBH by to receive an upcoming dividend?
First Bancshares (Bellevue OH) dividend dates
Ex Dividend DateJul 01 2022
Dividend Pay DateJul 29 2022
Days until Ex dividend0 days
Days until Dividend pay date28 days

Does FIBH pay a reliable dividends?

See FIBH dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is FIBH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

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

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FIBH?

Other financial metrics that can be useful for relative valuation.

FIBH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does FIBH's PE Ratio compare to its peers?

FIBH PE Ratio vs Peers
The above table shows the PE ratio for FIBH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.9x
CZBS Citizens Bancshares
6.4xn/aUS$25.2m
CYSM Community Bancorp of Santa Maria
8.1xn/aUS$22.9m
SCYT Security Bancorp
9.8xn/aUS$25.5m
CBFC CNB Financial Services
7.2xn/aUS$22.7m
FIBH First Bancshares (Bellevue OH)
7.4xn/aUS$22.4m

Price-To-Earnings vs Peers: FIBH is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (7.9x).


Price to Earnings Ratio vs Industry

How does FIBH's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: FIBH is good value based on its Price-To-Earnings Ratio (7.4x) compared to the US Banks industry average (9.5x)


Price to Earnings Ratio vs Fair Ratio

What is FIBH'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.

FIBH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FIBH's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of FIBH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FIBH ($41.69) is trading below our estimate of fair value ($117.35)

Significantly Below Fair Value: FIBH is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FIBH's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.3%

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 (Bellevue OH) 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.


Discover growth companies

  • Examine whether First Bancshares (Bellevue OH) 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 (Bellevue OH)'s filings and announcements here.

Past Performance

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

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FIBH has high quality earnings.

Growing Profit Margin: FIBH's current net profit margins (26.4%) are lower than last year (26.8%).


Past Earnings Growth Analysis

Earnings Trend: FIBH's earnings have grown by 11.7% per year over the past 5 years.

Accelerating Growth: FIBH's earnings growth over the past year (10.1%) is below its 5-year average (11.7% per year).

Earnings vs Industry: FIBH earnings growth over the past year (10.1%) underperformed the Banks industry 20.7%.


Return on Equity

High ROE: FIBH's Return on Equity (12.8%) is considered low.


Discover strong past performing companies

Financial Health

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

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: FIBH's Assets to Equity ratio (12.1x) is moderate.

Allowance for Bad Loans: FIBH has a sufficient allowance for bad loans (112%).

Low Risk Liabilities: 98% of FIBH's liabilities are made up of primarily low risk sources of funding.

Loan Level: FIBH has an appropriate level of Loans to Assets ratio (66%).

Low Risk Deposits: FIBH's Loans to Deposits ratio (74%) is appropriate.

Level of Bad Loans: FIBH has an appropriate level of bad loans (1.3%).


Discover healthy companies

Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.07%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FIBH's dividend (3.07%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: FIBH's dividend (3.07%) is low compared to the top 25% of dividend payers in the US market (4.25%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FIBH has been paying a dividend for less than 10 years.

Growing Dividend: FIBH's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.3%), FIBH's dividend payments are well 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.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

14.4yrs

Average management tenure


CEO

Dean Miller

16.25yrs

Tenure

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 lending and banki...


Leadership Team

Experienced Management: FIBH's management team is seasoned and experienced (14.4 years average tenure).


Board Members

Experienced Board: FIBH's board of directors are considered experienced (8.4 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

First Bancshares Inc. (Bellevue, OH)'s 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
  • Implied Market Cap: US$22.413m
  • Shares outstanding: 537.62k
  • Website: https://www.fnblifetime.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.