First Bancshares, Financials

FBMS Stock  USD 35.05  0.22  0.63%   
Based on the key measurements obtained from First Bancshares,'s financial statements, The First Bancshares, may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, First Bancshares,'s Net Receivables is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 30.5 M in 2025, whereas Non Currrent Assets Other are likely to drop (2.1 B) in 2025. Key indicators impacting First Bancshares,'s financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.320.3397
Notably Down
Pretty Stable
Current Ratio7.988.4048
Notably Down
Slightly volatile
The financial analysis of First Bancshares, is a critical element in measuring its lifeblood. Investors should not minimize First Bancshares,'s ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

81.05 Million

  
Understanding current and past First Bancshares, Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Bancshares,'s financial statements are interrelated, with each one affecting the others. For example, an increase in First Bancshares,'s assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in First Bancshares,'s accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of The First Bancshares,. Check First Bancshares,'s Beneish M Score to see the likelihood of First Bancshares,'s management manipulating its earnings.

First Bancshares, Stock Summary

First Bancshares, competes with First Northwest, Community West, First Financial, Great Southern, and Bankwell Financial. The First Bancshares, Inc. operates as the bank holding company for The First, A National Banking Association that provides general commercial and retail banking services. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi. First Bancshs operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 794 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS3189161033
CUSIP318916103
LocationMississippi; U.S.A
Business Address6480 Highway 98
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.thefirstbank.com
Phone601 268 8998
CurrencyUSD - US Dollar

First Bancshares, Key Financial Ratios

First Bancshares, Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets5.2B6.1B6.5B8.0B8.0B8.4B
Net Debt(303.3M)(775.0M)139.5M(215.2M)121.1M127.2M
Retained Earnings154.2M206.2M252.6M300.2M346.2M363.5M
Cash562.6M919.7M145.3M355.1M220.4M113.7M
Other Assets2.2B1.3B2.7B(31.7M)5.9B6.2B
Net Receivables26.3M23.3M27.7M33.3M34.0M35.7M
Total Liab4.5B5.4B5.8B7.1B7.0B7.3B
Total Current Assets1.6B2.7B1.4B396.8M116.5M110.6M
Common Stock21.6M21.7M25.3M32.3M37.2M39.0M
Other Current Liab(10.4M)(8.0M)(6.4M)14.4M(13.9M)(13.2M)
Accounts Payable2.1M1.7M3.3M22.7M13.9M14.5M
Short Term Debt8.3M6.3M9.7M8.3M9.5M9.1M
Other Liab17.6M33.4M29.7M19.6M22.6M23.7M
Long Term Debt259.2M144.7M275.1M123.4M333.7M350.4M
Inventory(594.7M)(945.5M)(177.9M)321.8M289.7M304.1M
Treasury Stock(5.7M)(13.8M)(18.9M)(41.1M)(37.0M)(35.1M)
Good Will156.9M156.7M180.3M272.5M313.4M329.1M
Other Current Assets594.7M945.5M177.9M396.8M456.3M565.8M
Intangible Assets30.8M29.5M34.6M341.3M59.3M33.6M
Net Tangible Assets385.1M487.9M490.0M466.4M536.4M563.2M
Long Term Debt Total295.0M259.2M144.7M145.0M166.8M91.4M
Capital Surpluse409.8M456.9M459.2M558.8M642.7M674.8M

First Bancshares, Key Income Statement Accounts

The reason investors look at the income statement is to determine what First Bancshares,'s earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense26.7M19.7M22.6M20.2M135.6M142.3M
Total Revenue161.6M194.3M207.3M290.2M46.4M60.0M
Gross Profit161.6M194.3M207.3M290.2M46.4M60.0M
Operating Income59.9M83.5M85.3M(7.9M)(243.7M)(231.6M)
Ebit(6.0M)(12.2M)(17.4M)(7.9M)(7.1M)(6.7M)
Ebitda3.2M(2.4M)(6.6M)9.6M8.6M9.0M
Net Income52.5M64.2M62.9M75.5M77.2M81.1M
Income Tax Expense10.6M16.9M15.8M21.3M20.8M21.8M
Income Before Tax63.1M81.1M78.7M96.8M98.0M102.9M
Tax Provision10.6M16.9M15.8M22.1M20.8M13.1M
Net Interest Income152.7M157.1M177.8M239.6M234.3M143.5M
Interest Income179.3M176.7M200.4M310.1M369.8M388.3M

First Bancshares, Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash393.7M357.2M(774.4M)209.8M(134.7M)(128.0M)
Free Cash Flow46.8M88.6M74.5M104.8M82.2M86.3M
Depreciation12.4M13.8M12.2M12.1M10.2M10.7M
Other Non Cash Items185K10.3M8.5M17.1M492K467.4K
Capital Expenditures4.4M7.1M15.5M3.7M3.3M3.0M
Net Income52.5M64.2M62.9M75.5M77.2M81.1M
End Period Cash Flow562.6M919.7M145.3M355.1M220.4M116.1M
Dividends Paid8.6M12.0M16.3M27.6M30.7M32.2M
Investments(283.7M)(552.0M)(726.6M)240.7M(148.3M)(155.7M)
Change Receivables(1.2M)(9.2M)3.2M(3.0M)(2.7M)(2.6M)
Net Borrowings106.0M(109.2M)(114.7M)3.4M3.1M3.2M
Change To Netincome(619K)5.3M15.3M4.5M5.1M4.8M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Bancshares,'s current stock value. Our valuation model uses many indicators to compare First Bancshares, value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Bancshares, competition to find correlations between indicators driving First Bancshares,'s intrinsic value. More Info.
The First Bancshares, is rated # 5 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers reporting about  0.12  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The First Bancshares, is roughly  8.23 . At this time, First Bancshares,'s Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value First Bancshares, by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

First Bancshares, Systematic Risk

First Bancshares,'s systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Bancshares, volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on First Bancshares, correlated with the market. If Beta is less than 0 First Bancshares, generally moves in the opposite direction as compared to the market. If First Bancshares, Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Bancshares, is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Bancshares, is generally in the same direction as the market. If Beta > 1 First Bancshares, moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in First Bancshares, Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Bancshares,'s growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Bancshares, growth as a starting point in their analysis.

Price Earnings To Growth Ratio

9.04

At this time, First Bancshares,'s Price Earnings To Growth Ratio is comparatively stable compared to the past year.

First Bancshares, March 23, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Bancshares, help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The First Bancshares,. We use our internally-developed statistical techniques to arrive at the intrinsic value of The First Bancshares, based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Bancshares,'s daily price indicators and compare them against related drivers.

Additional Tools for First Stock Analysis

When running First Bancshares,'s price analysis, check to measure First Bancshares,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancshares, is operating at the current time. Most of First Bancshares,'s value examination focuses on studying past and present price action to predict the probability of First Bancshares,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancshares,'s price. Additionally, you may evaluate how the addition of First Bancshares, to your portfolios can decrease your overall portfolio volatility.