FBMS - First Bancshares Inc-The Stock Price, Fair Value and News

25.82USD-0.07 (-0.27%)Delayed

Market Summary

USD25.82-0.07

Delayed

-0.27%

FBMS Stock Price

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FBMS RSI Chart

FBMS Valuation

Market Cap

806.1M

Price/Earnings (Trailing)

10.1

Price/Sales (Trailing)

2.29

EV/EBITDA

1.31

Price/Free Cashflow

7.28

FBMS Price/Sales (Trailing)

FBMS Profitability

EBT Margin

29.11%

Return on Equity

8.31%

Return on Assets

Free Cashflow Yield

13.74%

FBMS Fundamentals

FBMS Revenue

Revenue (TTM)

352.3M

Rev. Growth (Yr)

14.1%

Rev. Growth (Qtr)

3.32%

FBMS Earnings

Earnings (TTM)

79.8M

Earnings Growth (Yr)

26.78%

Earnings Growth (Qtr)

86.73%

Breaking Down FBMS Revenue

Last 7 days

1.3%

Last 30 days

10.1%

Last 90 days

3.3%

Trailing 12 Months

-0.1%

How does FBMS drawdown profile look like?

FBMS Financial Health

Debt/Equity

0.06

Debt/Cashflow

1.85

FBMS Investor Care

Dividend Yield

3.49%

Dividend/Share (TTM)

0.9

Shares Dilution (1Y)

0.54%

Diluted EPS (TTM)

2.52

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	352.3M	0	0	0
2023	238.0M	278.3M	310.1M	340.9M
2022	174.3M	176.9M	186.3M	200.4M
2021	182.9M	180.4M	178.5M	176.7M
2020	156.9M	165.1M	174.2M	179.3M
2019	114.5M	127.0M	138.6M	148.5M
2018	69.1M	77.6M	86.6M	100.0M
2017	49.8M	55.4M	60.8M	66.1M
2016	41.1M	42.0M	43.2M	44.6M
2015	37.6M	39.1M	39.4M	40.2M
2014	33.1M	34.1M	35.1M	36.4M
2013	26.3M	27.3M	29.5M	31.3M
2012	25.4M	26.1M	26.5M	26.3M
2011	23.7M	24.0M	24.2M	24.5M
2010	0	0	0	23.5M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of First Bancshares Inc-The

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	lowery donna t. rutland	sold (taxes)	-18,274	24.83	-736	chief financial officer
Mar 01, 2024	cole m ray jr	sold (taxes)	-56,612	24.83	-2,280	president, ceo and chairman
Feb 15, 2024	williamson valencia m.	acquired	-	-	1,000	-
Feb 15, 2024	lowery donna t. rutland	acquired	-	-	4,081	chief financial officer
Feb 15, 2024	seidenburg j douglas	acquired	-	-	1,000	-
Feb 15, 2024	moore diana renee	acquired	-	-	1,000	-
Feb 15, 2024	mcmurry fred a	acquired	-	-	1,000	-
Feb 15, 2024	gibson e ricky	acquired	-	-	1,000	-
Feb 15, 2024	levy jonathan a	acquired	-	-	1,000	-
Feb 15, 2024	lightsey charles r	acquired	-	-	1,000	-

Which funds bought or sold FBMS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.83	-146,750	733,062	-%
May 16, 2024	EJF Capital LLC	reduced	-10.81	-902,828	3,379,240	2.35%
May 16, 2024	JANE STREET GROUP, LLC	added	8.67	-36,207	903,320	-%
May 16, 2024	HANCOCK WHITNEY CORP	unchanged	-	-67,599	519,001	0.02%
May 15, 2024	Squarepoint Ops LLC	new	-	397,606	397,606	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-92.34	-224,389	16,323	-%
May 15, 2024	Cubist Systematic Strategies, LLC	new	-	870,104	870,104	-%
May 15, 2024	MidWestOne Financial Group, Inc.	new	-	288,045	288,045	0.05%
May 15, 2024	MALTESE CAPITAL MANAGEMENT LLC	added	80.65	2,719,850	7,266,000	1.40%
May 15, 2024	Royal Bank of Canada	reduced	-90.82	-202,000	18,000	-%

Are Funds Buying or Selling FBMS?

Are funds buying FBMS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FBMS

No. of Funds

Unveiling First Bancshares Inc-The's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	9.5%	2,960,951	SC 13G/A
Feb 13, 2024	vanguard group inc	5.04%	1,566,603	SC 13G/A
Feb 12, 2024	lehman kenneth r	5.9%	1,842,644	SC 13G
Feb 08, 2024	fj capital management llc	4.27%	1,380,824	SC 13G/A
Jan 25, 2024	blackrock inc.	8.8%	2,721,247	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	11.4%	2,730,357	SC 13G/A
Feb 14, 2023	ejf capital llc	0.2%	49,703	SC 13G/A
Feb 09, 2023	vanguard group inc	5.15%	1,238,455	SC 13G/A
Feb 08, 2023	fj capital management llc	6.33%	1,521,546	SC 13G/A
Jan 24, 2023	blackrock inc.	9.8%	2,363,557	SC 13G/A

Recent SEC filings of First Bancshares Inc-The

View All Filings

Date Filed	Form Type	Document
May 17, 2024	8-A12B	8-A12B
May 17, 2024	8-K	Current Report
May 17, 2024	CERT	CERT
May 10, 2024	10-Q	Quarterly Report
Apr 26, 2024	8-K	Current Report
Apr 25, 2024	8-K	Current Report
Apr 24, 2024	SCHEDULE 13G	SCHEDULE 13G
Apr 11, 2024	UPLOAD	UPLOAD
Apr 10, 2024	DEF 14A	DEF 14A
Apr 10, 2024	DEFA14A	DEFA14A

First Bancshares Inc-The News

Latest updates

First Bancshares Inc-The Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.3%	92.00	89.00	86.00	86.00	80.00	58.00	54.00	46.00	43.00	44.00	44.00	43.00	45.00	46.00	46.00	46.00	42.00	40.00	37.00	38.00	33.00
EBITDA Margin	-3.6%	1.01*	1.05*	1.13*	1.17*	1.24*	1.34*	1.40*	1.44*	1.44*	1.43*	1.42*	1.37*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.6%	57.00	58.00	61.00	66.00	65.00	48.00	49.00	42.00	39.00	40.00	40.00	38.00	39.00	39.00	40.00	39.00	34.00	33.00	30.00	31.00	27.00
Income Taxes	81.9%	6.00	3.00	7.00	7.00	5.00	4.00	4.00	3.00	4.00	4.00	4.00	4.00	5.00	4.00	3.00	2.00	2.00	3.00	3.00	4.00	2.00
Earnings Before Taxes	85.6%	27.00	14.00	31.00	30.00	21.00	20.00	18.00	19.00	21.00	20.00	21.00	19.00	21.00	19.00	15.00	19.00	10.00	15.00	16.00	16.00	10.00
EBT Margin	2.5%	0.29*	0.28*	0.33*	0.32*	0.33*	0.39*	0.42*	0.46*	0.46*	0.46*	0.45*	0.41*	-	-	-	-	-	-	-	-	-
Net Income	86.7%	21.00	11.00	24.00	24.00	16.00	16.00	14.00	16.00	17.00	16.00	16.00	16.00	17.00	15.00	12.00	17.00	8.00	12.00	12.00	12.00	8.00
Net Income Margin	2.4%	0.23*	0.22*	0.26*	0.25*	0.26*	0.31*	0.33*	0.36*	0.37*	0.36*	0.36*	0.33*	-	-	-	-	-	-	-	-	-
Free Cashflow	-65.0%	10.00	27.00	42.00	32.00	4.00	12.00	21.00	19.00	22.00	18.00	13.00	25.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.4%	7,964	7,999	7,884	7,862	8,017	6,462	6,455	1,700	6,196	6,077	5,512	5,510	5,443	5,153	5,164	5,085	4,062	3,942	3,482	3,473	3,533
Cash Equivalents	-4.3%	340	355	198	194	333	145	164	357	803	920	657	762	813	563	-	-	-	169	-	-	-
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	97.00	97.00	95.00
Goodwill	0%	273	273	273	273	272	180	179	157	157	157	157	157	157	157	159	159	-7.83	159	119	119	120
Liabilities	-0.7%	7,004	7,050	6,987	6,963	7,121	5,815	5,833	5,477	5,606	5,401	4,843	4,850	4,799	4,508	4,526	4,457	3,506	3,398	3,004	3,006	3,079
Short Term Borrowings	-71.8%	110	390	302	280	250	130	90.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62.00
Shareholder's Equity	1.1%	960	949	897	899	896	647	621	560	590	676	669	660	644	645	638	628	556	544	478	466	454
Retained Earnings	4.3%	313	300	297	279	262	253	241	232	220	206	194	181	168	154	141	132	117	110	100	89.00	79.00
Additional Paid-In Capital	0.0%	775	775	775	774	774	559	558	460	459	459	459	457	457	457	456	456	410	410	356	355	355
Shares Outstanding	-	31.00	-	-	-	31.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	777	-	-	-	559	-	-	-	752	-	-	-	458	-	-	-	492	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-63.6%	10,234	28,151	41,611	34,092	4,654	18,244	26,434	22,245	23,104	18,843	18,867	25,798	32,207	15,001	9,002	13,136	14,046	13,451	14,093	9,453	7,703
Cashflow From Investing	-76.9%	16,779	72,659	-39,630	5,087	289,879	-14,638	-34,493	-332,802	-324,956	103,064	-119,585	-122,839	-67,995	-32,308	-18,254	-211,707	3,141	-16,033	-13,425	-12,692	-20,532
Cashflow From Financing	-174.4%	-42,196	56,705	1,601	-178,620	-106,357	-22,132	-184,871	-135,285	184,752	140,510	-4,472	46,270	286,491	-23,875	73,863	450,937	100,708	11,456	-6,662	-79,353	102,298
Dividend Payments	-100.0%	-	7,350	7,042	6,736	6,422	4,731	4,494	3,627	3,423	3,309	3,102	2,892	2,688	2,526	2,106	2,105	1,852	1,478	1,345	1,347	1,020
Buy Backs	-	-	-	-	-	-	-	-	-	22,180	-	-	-	5,171	8,067	-	-	-	352	435	-	-

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FBMS Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income:
Interest and fees on loans	$ 78,799	$ 67,733
Interest and dividends on securities:
Taxable interest and dividends	8,302	8,759
Tax exempt interest	2,946	2,948
Interest on federal funds sold and interest-bearing deposits in other banks	1,616	898
Total interest income	91,663	80,338
Interest expense:
Interest on deposits	29,413	12,277
Interest on borrowed funds	4,909	3,135
Total interest expense	34,322	15,412
Net interest income	57,341	64,926
Provision for credit losses, LHFI	0	10,500
Provision for credit losses, OBSC exposures	0	500
Net interest income after provision for credit losses	57,341	53,926
Non-interest income:
Service charges on deposit accounts	3,367	3,657
Loss on securities	(48)	0
Gain on sale of premises and equipment	0	662
Other	9,360	8,293
Total non-interest income	12,679	12,612
Non-interest expense:
Salaries and employee benefits	24,508	23,572
Occupancy and equipment	5,714	5,296
Acquisition expense/charter conversion	8	3,793
Other	13,195	13,009
Total non-interest expense	43,425	45,670
Income before income taxes	26,595	20,868
Income tax expense	5,967	4,597
Net income available to common stockholders, basic	20,628	16,271
Net income available to common stockholders, diluted	$ 20,628	$ 16,271
Earnings per share:
Basic earnings per share (in dollars per share)	$ 0.66	$ 0.52
Diluted earnings per share (in dollars per share)	$ 0.65	$ 0.52

FBMS Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 109,323	$ 224,199
Interest-bearing deposits with banks	230,641	130,948
Total cash and cash equivalents	339,964	355,147
Securities available-for-sale, at fair value (amortized cost: $1,216,163 - 2024; $1,164,227 - 2023; allowance for credit losses: $0)	1,088,568	1,042,365
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $577,343 - 2024; $615,944 - 2023)	622,574	654,539
Other securities	34,094	37,754
Total securities	1,745,236	1,734,658
Loans held for sale	4,241	2,914
Loans held for investment	5,139,952	5,170,042
Allowance for credit losses	(53,959)	(54,032)
Net loans held for investment	5,085,993	5,116,010
Interest receivable	34,954	33,300
Premises and equipment	173,225	174,309
Operating lease right-of-use assets	6,619	6,387
Finance lease right-of-use assets	1,350	1,466
Cash surrender value of bank-owned life insurance	135,148	134,249
Goodwill	272,520	272,520
Other real estate owned	6,743	8,320
Other assets	157,766	160,065
Total assets	7,963,759	7,999,345
Deposits:
Noninterest-bearing	1,836,952	1,849,013
Interest-bearing	4,873,403	4,613,859
Total deposits	6,710,355	6,462,872
Interest payable	13,705	22,702
Borrowed funds	110,000	390,000
Subordinated debentures	123,472	123,386
Operating lease liabilities	6,783	6,550
Finance lease liabilities	1,693	1,739
Allowance for credit losses on off-balance sheet credit exposures	2,075	2,075
Other liabilities	35,764	40,987
Total liabilities	7,003,847	7,050,311
Shareholders’ equity:
Common stock, par value $1 per share, 80,000,000 shares authorized; 32,467,928 shares issued at March 31, 2024, and par value $1 per share, 80,000,000 shares authorized; 32,338,983 shares issued at December 31, 2023	32,468	32,339
Additional paid-in capital	775,442	775,232
Retained earnings	313,001	300,150
Accumulated other comprehensive (loss)	(119,888)	(117,576)
Treasury stock, at cost, 1,249,607 shares at March 31, 2024 and at December 31, 2023	(41,111)	(41,111)
Total shareholders’ equity	959,912	949,034
Total liabilities and shareholders’ equity	$ 7,963,759	$ 7,999,345

About First Bancshares Inc-The

The First Bancshares, Inc. operates as the bank holding company for The First Bank that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts. The company also provides commercial loans comprising secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; consumer loans consisting of equity lines of credit, as well as secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and real estate construction and acquisition loans. In addition, it originates loans to purchase existing residential homes or construct new homes, and to refinance existing mortgages; and provides financial and wealth management services. Further, the company offers internet banking services, automated teller machines, voice response telephone inquiry services, commercial sweep accounts, cash management services, safe deposit boxes, merchant, mobile deposit, direct deposit of payroll and social security checks, automatic drafts for various accounts, and credit card services. It primarily serves small to medium-sized businesses, professional concerns, individuals, associations, organizations, and governmental authorities. The company operates in Mississippi, Alabama, Florida, Georgia, and Louisiana. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi.

CEO	Mr. Milton Ray Cole Jr.
WEBSITE	thefirstbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	870

First Bancshares Inc-The Frequently Asked Questions

What is the ticker symbol for First Bancshares Inc-The? What does FBMS stand for in stocks?

FBMS is the stock ticker symbol of First Bancshares Inc-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Bancshares Inc-The (FBMS)?

As of Fri May 17 2024, market cap of First Bancshares Inc-The is 806.07 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FBMS stock?

You can check FBMS's fair value in chart for subscribers.

What is the fair value of FBMS stock?

You can check FBMS's fair value in chart for subscribers. The fair value of First Bancshares Inc-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Bancshares Inc-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FBMS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Bancshares Inc-The a good stock to buy?

The fair value guage provides a quick view whether FBMS is over valued or under valued. Whether First Bancshares Inc-The is cheap or expensive depends on the assumptions which impact First Bancshares Inc-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FBMS.

What is First Bancshares Inc-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FBMS's PE ratio (Price to Earnings) is 10.1 and Price to Sales (PS) ratio is 2.29. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FBMS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Bancshares Inc-The's stock?

In the past 10 years, First Bancshares Inc-The has provided 0.072 (multiply by 100 for percentage) rate of return.