| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | US$41.69 |
| 52 Week High | US$57.00 |
| 52 Week Low | US$40.70 |
| Beta | 0.40 |
| 1 Month Change | -3.05% |
| 3 Month Change | n/a |
| 1 Year Change | -0.62% |
| 3 Year Change | 4.23% |
| 5 Year Change | 15.81% |
| Change since IPO | 105.03% |
Recent News & Updates
Shareholder Returns
| FIBH | US Banks | US 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
| FIBH volatility | |
|---|---|
| FIBH Average Weekly Movement | n/a |
| Banks Industry Average Movement | 3.8% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1875 | n/a | Dean Miller | https://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
| FIBH fundamental statistics | |
|---|---|
| Market Cap | US$22.41m |
| Earnings (TTM) | US$3.02m |
| Revenue (TTM) | US$11.45m |
7.4x
P/E Ratio0.9x
P/B RatioIs FIBH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FIBH income statement (TTM) | |
|---|---|
| Revenue | US$11.45m |
| Cost of Revenue | US$0 |
| Gross Profit | US$11.45m |
| Other Expenses | US$8.43m |
| Earnings | US$3.02m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.63 |
| Gross Margin | 100.00% |
| Net Profit Margin | 26.41% |
| Debt/Equity Ratio | 17.0% |
How did FIBH perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield20%
Payout RatioDoes FIBH pay a reliable dividends?
See FIBH dividend history and benchmarks| First Bancshares (Bellevue OH) dividend dates | |
|---|---|
| Ex Dividend Date | Jul 01 2022 |
| Dividend Pay Date | Jul 29 2022 |
| Days until Ex dividend | 0 days |
| Days until Dividend pay date | 28 days |
Does FIBH pay a reliable dividends?
See FIBH dividend history and benchmarksValuation
Is FIBH undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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.
| What is FIBH's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$22.41m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does FIBH's PE Ratio compare to its peers?
| FIBH PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 7.9x | ||
CZBS Citizens Bancshares | 6.4x | n/a | US$25.2m |
CYSM Community Bancorp of Santa Maria | 8.1x | n/a | US$22.9m |
SCYT Security Bancorp | 9.8x | n/a | US$25.5m |
CBFC CNB Financial Services | 7.2x | n/a | US$22.7m |
FIBH First Bancshares (Bellevue OH) | 7.4x | n/a | US$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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 7.4x |
| Fair PE Ratio | n/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.
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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
0/6Future 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.
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- 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
2/6Past 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.
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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
6/6Financial 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%).
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Dividend
What is First Bancshares (Bellevue OH) current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend 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.
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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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/29 00:00 |
| End of Day Share Price | 2022/06/29 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.