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First Bancshares (FBMS) Financials

First Bancshares logo
$33.75 +0.10 (+0.30%)
Closing price 03/31/2025
Extended Trading
$33.75 0.00 (0.00%)
As of 03/31/2025 04:37 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for First Bancshares

Annual Income Statements for First Bancshares

This table shows First Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
6.25 8.46 9.67 11 21 44 53 64 63 75 77
Consolidated Net Income / (Loss)
6.61 8.80 10 11 21 44 53 64 63 75 77
Net Income / (Loss) Continuing Operations
6.61 8.80 10 11 21 44 53 64 63 75 77
Total Pre-Tax Income
9.05 12 14 18 27 56 63 81 79 97 98
Total Revenue
41 45 52 74 105 149 195 195 215 296 284
Net Interest Income / (Expense)
33 37 40 59 85 122 153 157 178 249 234
Total Interest Income
36 40 45 66 100 149 179 177 200 341 370
Loans and Leases Interest Income
30 34 38 57 87 129 158 151 158 295 322
Investment Securities Interest Income
5.96 5.80 5.92 8.69 12 18 21 24 41 44 45
Deposits and Money Market Investments Interest Income
0.09 0.09 0.06 0.16 0.99 1.85 0.90 1.14 1.95 2.45 3.44
Total Interest Expense
2.97 3.21 4.32 6.91 15 27 27 20 23 92 136
Deposits Interest Expense
2.37 2.56 3.44 5.26 11 20 20 12 14 71 118
Long-Term Debt Interest Expense
0.60 0.65 0.87 1.65 4.31 6.96 7.06 7.62 8.60 20 18
Total Non-Interest Income
7.80 7.59 11 14 21 27 42 37 37 47 50
Service Charges on Deposit Accounts
- - - - - 7.84 7.21 7.26 8.67 14 14
Other Service Charges
5.72 6.22 6.06 9.36 13 11 14 17 19 30 28
Net Realized & Unrealized Capital Gains on Investments
1.71 0.96 4.39 4.27 4.31 5.98 19 12 5.47 -0.61 3.33
Other Non-Interest Income
0.37 0.41 0.79 0.74 3.04 2.36 1.51 1.96 3.73 3.32 4.34
Provision for Credit Losses
1.42 0.41 0.63 0.51 2.12 3.74 25 -1.10 5.61 15 3.79
Total Non-Interest Expense
31 32 37 55 76 89 106 115 130 185 182
Salaries and Employee Benefits
17 19 22 31 37 47 61 66 73 93 102
Net Occupancy & Equipment Expense
4.68 4.77 1.80 7.09 9.18 12 15 17 18 24 24
Marketing Expense
0.45 0.50 0.47 0.41 0.51 0.86 0.51 0.62 0.39 0.83 0.45
Other Operating Expenses
7.21 7.39 11 16 15 22 25 27 28 48 42
Amortization Expense
- - - - - - - - 4.66 9.56 9.53
Restructuring Charge
- - - - 14 6.28 3.32 1.61 6.41 9.08 3.74
Income Tax Expense
2.44 3.21 3.93 6.96 5.79 13 11 17 16 21 21
Basic Earnings per Share
$1.27 $1.64 $1.86 - - - $2.53 $3.05 $2.86 $2.41 $2.45
Weighted Average Basic Shares Outstanding
4.90M 5.37M 5.44M 12.34M 17.27M 18.85M 21.02M 20.49M 31.06M 31.23M 31.25M
Diluted Earnings per Share
$1.25 $1.62 $1.64 - - - $2.52 $3.03 $2.84 $2.39 $2.44
Weighted Average Diluted Shares Outstanding
4.90M 5.37M 5.44M 12.34M 17.27M 18.85M 21.02M 20.49M 31.06M 31.23M 31.25M
Weighted Average Basic & Diluted Shares Outstanding
4.90M 5.37M 5.44M 12.34M 17.27M 18.85M 21.02M 20.49M 31.06M 31.23M 31.25M
Cash Dividends to Common per Share
$0.15 $0.15 $0.15 $0.15 $0.20 $0.31 $0.42 $0.58 $0.74 $0.90 $1.00

Quarterly Income Statements for First Bancshares

This table shows First Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
14 16 16 24 24 11 21 20 19 18
Consolidated Net Income / (Loss)
14 16 16 24 24 11 21 20 19 18
Net Income / (Loss) Continuing Operations
14 16 16 24 24 11 21 20 19 18
Total Pre-Tax Income
18 20 21 30 31 14 27 25 24 22
Total Revenue
58 56 78 78 80 60 70 71 71 72
Net Interest Income / (Expense)
49 48 65 66 61 58 57 58 59 60
Total Interest Income
54 58 80 86 86 89 92 91 94 94
Loans and Leases Interest Income
42 47 68 75 75 78 79 78 82 82
Investment Securities Interest Income
12 9.35 12 11 11 11 11 12 11 11
Total Interest Expense
4.73 10 15 20 25 31 34 33 35 33
Deposits Interest Expense
2.75 7.04 12 15 20 25 29 29 30 29
Long-Term Debt Interest Expense
1.98 2.96 3.14 5.40 5.41 6.31 4.91 3.77 4.57 4.47
Total Non-Interest Income
9.02 8.12 13 12 19 2.35 13 13 12 12
Service Charges on Deposit Accounts
2.22 2.37 3.66 3.43 3.65 3.45 3.37 3.33 3.71 3.50
Other Service Charges
6.80 -0.87 8.29 9.05 9.58 2.90 9.36 9.81 8.65 0.36
Net Realized & Unrealized Capital Gains on Investments
0.00 5.39 0.66 -0.05 -0.10 -1.12 -0.05 0.18 -0.12 3.32
Provision for Credit Losses
4.30 0.71 11 1.25 1.00 1.25 0.00 1.65 1.00 1.14
Total Non-Interest Expense
36 35 46 47 48 44 43 44 46 48
Salaries and Employee Benefits
19 20 24 23 23 24 25 25 25 27
Net Occupancy & Equipment Expense
3.83 6.52 5.30 5.04 5.34 8.46 5.71 5.49 5.66 7.60
Other Operating Expenses
9.34 2.33 13 14 19 1.27 13 13 13 2.53
Restructuring Charge
3.64 1.19 3.79 4.10 0.59 0.59 0.01 0.35 2.59 0.79
Income Tax Expense
3.92 4.01 4.60 6.53 6.94 3.28 5.97 5.68 5.29 3.84
Basic Earnings per Share
$0.61 $0.67 $0.52 $0.76 $0.78 $0.35 $0.66 $0.62 $0.59 $0.58
Weighted Average Basic Shares Outstanding
24.03M 31.06M 31.05M 31.10M 31.09M 31.23M 31.22M 31.20M 31.20M 31.25M
Diluted Earnings per Share
$0.61 $0.66 $0.52 $0.75 $0.77 $0.35 $0.65 $0.62 $0.59 $0.58
Weighted Average Diluted Shares Outstanding
24.03M 31.06M 31.05M 31.10M 31.09M 31.23M 31.22M 31.20M 31.20M 31.25M
Weighted Average Basic & Diluted Shares Outstanding
24.03M 31.06M 31.05M 31.10M 31.09M 31.23M 31.22M 31.20M 31.20M 31.25M

Annual Cash Flow Statements for First Bancshares

This table details how cash moves in and out of First Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
5.37 -3.36 21 30 67 9.76 394 357 -774 210 -135
Net Cash From Operating Activities
7.06 7.55 8.02 22 32 45 51 96 90 109 86
Net Cash From Continuing Operating Activities
7.06 7.55 8.02 22 32 45 51 96 90 109 86
Net Income / (Loss) Continuing Operations
6.61 8.80 10 11 21 44 53 64 63 75 77
Consolidated Net Income / (Loss)
6.61 8.80 10 11 21 44 53 64 63 75 77
Provision For Loan Losses
1.42 0.41 0.63 0.51 2.12 3.74 25 -1.10 5.61 15 3.79
Depreciation Expense
2.18 2.30 2.30 2.90 4.30 5.31 12 14 12 12 10
Amortization Expense
0.90 0.92 0.63 1.74 -0.68 -1.79 -3.95 -0.03 1.71 -4.43 2.03
Non-Cash Adjustments to Reconcile Net Income
0.62 0.81 0.37 8.62 2.79 -5.38 -20 16 3.24 18 3.32
Changes in Operating Assets and Liabilities, net
-4.68 -5.69 -6.03 -2.78 1.74 -0.93 -15 2.64 4.38 -6.73 -11
Net Cash From Investing Activities
-79 -54 -111 -141 -8.81 -63 -259 -207 -707 328 -148
Net Cash From Continuing Investing Activities
-79 -54 -111 -141 -8.81 -63 -259 -207 -707 328 -148
Purchase of Property, Leasehold Improvements and Equipment
-0.99 -1.23 -2.71 -4.68 -4.06 -7.89 -4.40 -7.13 -16 -3.69 -3.33
Acquisitions
- - - - - - - - - 107 0.00
Purchase of Investment Securities
-138 -103 -159 -214 -156 -236 -497 -798 -621 -253 -461
Sale of Property, Leasehold Improvements and Equipment
- - - - - - - - 0.71 1.42 0.43
Sale and/or Maturity of Investments
61 50 51 77 109 150 213 239 -95 477 316
Net Cash From Financing Activities
77 43 124 150 44 28 602 469 -158 -227 -72
Net Cash From Continuing Financing Activities
77 43 124 150 44 28 602 469 -158 -227 -72
Net Change in Deposits
54 24 122 76 46 -68 664 602 -223 -427 141
Issuance of Debt
180 194 252 199 170 365 64 0.00 2,055 7,600 4,033
Repayment of Debt
-156 -173 -293 -179 -169 -259 -109 -115 -1,950 -7,371 -4,213
Repurchase of Common Equity
0.00 -0.34 - 0.00 -0.24 -5.23 -8.07 -5.17 -22 0.00 0.00
Payment of Dividends
-1.11 -1.12 -1.24 -1.42 -2.56 -5.19 -8.59 -12 -16 -28 -31
Other Financing Activities, Net
-0.09 -0.09 -0.18 -0.33 -0.02 -0.06 -0.49 -0.72 -0.68 -0.36 -2.28
Cash Interest Paid
3.06 3.45 4.26 7.05 11 21 22 16 17 51 127
Cash Income Taxes Paid
0.28 4.15 4.73 0.35 2.12 11 14 16 7.19 16 17

Quarterly Cash Flow Statements for First Bancshares

This table details how cash moves in and out of First Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents
-193 -19 188 -139 3.58 158 -15 -132 6.53 6.28
Net Cash From Operating Activities
26 18 4.65 34 42 28 10 26 32 18
Net Cash From Continuing Operating Activities
26 18 4.65 34 42 28 10 26 32 18
Net Income / (Loss) Continuing Operations
14 16 16 24 24 11 21 20 19 18
Consolidated Net Income / (Loss)
14 16 16 24 24 11 21 20 19 18
Provision For Loan Losses
4.30 0.71 11 1.25 1.00 1.25 0.00 1.65 1.00 1.14
Depreciation Expense
2.42 3.23 3.34 -1.02 1.65 8.13 3.70 4.77 5.71 -3.98
Non-Cash Adjustments to Reconcile Net Income
8.65 -6.42 -0.43 -2.50 -0.58 21 -1.67 -2.05 2.68 4.37
Changes in Operating Assets and Liabilities, net
-2.97 2.72 -26 13 15 -8.97 -12 1.47 4.08 -4.15
Net Cash From Investing Activities
-34 -15 290 5.09 -40 73 17 -137 25 -54
Net Cash From Continuing Investing Activities
-34 -15 290 5.09 -40 73 17 -137 25 -54
Purchase of Property, Leasehold Improvements and Equipment
-5.02 -6.38 -1.07 -1.85 0.17 -0.94 -0.72 -0.61 -0.96 -1.03
Purchase of Investment Securities
-123 270 -41 -39 -76 -98 -95 -187 -75 -104
Sale of Property, Leasehold Improvements and Equipment
- - 0.73 - 0.69 - 0.00 0.42 - 0.01
Sale and/or Maturity of Investments
69 -279 224 45 36 172 112 50 101 52
Net Cash From Financing Activities
-185 -22 -106 -179 1.60 57 -42 -21 -51 42
Net Cash From Continuing Financing Activities
-185 -22 -106 -179 1.60 57 -42 -21 -51 42
Net Change in Deposits
-245 -57 -219 -176 -13 -19 246 -86 -68 49
Issuance of Debt
65 1,990 1,533 605 1,209 4,253 100 1,000 1,516 1,417
Repayment of Debt
-0.04 -1,950 -1,413 -601 -1,187 -4,170 -380 -927 -1,491 -1,415
Repurchase of Common Equity
- - -0.31 - - - -0.31 -0.02 -0.05 0.38
Payment of Dividends
-4.49 -4.73 -6.42 -6.74 -7.04 -7.35 -7.66 -7.67 -7.67 -7.67
Cash Interest Paid
- - 11 9.58 14 17 39 28 32 29
Cash Income Taxes Paid
- - 0.94 3.28 5.06 6.80 0.16 9.10 5.54 1.75

Annual Balance Sheets for First Bancshares

This table presents First Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets
1,094 1,145 1,277 1,813 3,004 3,942 5,153 6,077 6,462 7,999 8,005
Cash and Due from Banks
30 24 32 43 71 90 138 115 67 224 114
Interest Bearing Deposits at Other Banks
14 17 30 48 88 79 425 804 78 131 106
Trading Account Securities
265 251 255 368 503 765 1,022 - 691 1,042 1,003
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 11 0.00 0.00 0.00 5,116 5,351
Loans Held for Sale
- - 860 1,217 2,050 - 3,109 - 4.44 2.91 3.69
Premises and Equipment, Net
35 34 35 46 75 98 115 - 144 174 170
Goodwill
12 14 14 20 90 159 157 157 180 273 273
Intangible Assets
- - - - - - - - - 69 59
Other Assets
737 806 52 70 127 2,740 187 72 5,297 967 909
Total Liabilities & Shareholders' Equity
1,094 1,145 1,277 1,813 3,004 3,942 5,153 6,077 6,462 7,999 8,005
Total Liabilities
998 1,042 1,123 1,591 2,641 3,398 4,508 5,247 5,815 7,050 6,999
Non-Interest Bearing Deposits
201 189 202 302 570 723 571 1,550 1,630 1,849 1,797
Interest Bearing Deposits
691 727 837 1,169 1,887 2,353 3,644 3,676 3,864 4,614 4,808
Short-Term Debt
- - - - 86 214 - 0.00 130 390 210
Accrued Interest Payable
0.32 0.25 0.31 0.35 1.52 2.51 2.13 - 3.32 23 14
Long-Term Debt
100 121 79 114 81 81 259 - 145 123 124
Other Long-Term Liabilities
4.70 4.12 4.03 5.47 16 24 31 21 41 51 47
Total Equity & Noncontrolling Interests
96 103 155 222 363 544 645 676 647 949 1,005
Total Preferred & Common Equity
96 103 155 222 363 544 645 676 647 949 1,005
Total Common Equity
79 86 155 222 363 544 645 676 647 949 1,005
Common Stock
50 50 112 170 294 429 479 481 584 808 810
Retained Earnings
28 36 44 54 72 110 154 206 253 300 346
Treasury Stock
-0.46 -0.46 -0.46 -0.46 -0.46 -5.69 -14 -19 -41 -41 -41
Accumulated Other Comprehensive Income / (Loss)
1.82 1.10 -1.08 -0.44 -1.80 10 26 7.98 -149 -118 -110

Quarterly Balance Sheets for First Bancshares

This table presents First Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets
6,455 8,017 7,862 7,884 7,964 7,966 7,966
Cash and Due from Banks
72 107 106 122 109 117 128
Interest Bearing Deposits at Other Banks
92 227 88 76 231 91 87
Trading Account Securities
1,379 1,928 1,199 1,142 1,089 1,124 1,060
Loans and Leases, Net of Allowance
3,681 4,917 4,958 5,036 5,086 5,196 5,263
Loans and Leases
3,719 4,970 5,018 5,096 5,140 5,251 5,319
Allowance for Loan and Lease Losses
38 52 53 54 54 55 56
Loans Held for Sale
2.23 4.07 - - 4.24 5.89 2.99
Premises and Equipment, Net
141 - 178 176 173 172 171
Goodwill
179 272 273 273 273 273 273
Other Assets
909 382 1,053 1,054 999 988 983
Total Liabilities & Shareholders' Equity
6,455 8,017 7,862 7,884 7,964 7,966 7,966
Total Liabilities
5,833 7,117 6,963 6,987 7,004 6,994 6,955
Non-Interest Bearing Deposits
1,771 2,082 2,087 1,968 1,837 1,870 1,797
Interest Bearing Deposits
3,780 4,586 4,406 4,512 4,873 4,756 4,764
Short-Term Debt
90 250 280 302 110 182 208
Accrued Interest Payable
1.37 4.09 7.97 14 14 15 14
Long-Term Debt
145 154 128 128 123 124 124
Other Long-Term Liabilities
46 41 54 63 46 46 49
Total Equity & Noncontrolling Interests
621 896 899 897 960 972 1,012
Total Preferred & Common Equity
621 896 899 897 960 972 1,012
Total Common Equity
621 896 899 897 960 972 1,012
Common Stock
583 806 806 807 808 809 809
Retained Earnings
241 262 279 297 313 325 336
Treasury Stock
-41 -41 -41 -41 -41 -41 -41
Accumulated Other Comprehensive Income / (Loss)
-162 -131 -145 -165 -120 -120 -92

Annual Metrics and Ratios for First Bancshares

This table displays calculated financial ratios and metrics derived from First Bancshares' official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - - - - - - - - - -
Revenue Growth
16.11% 8.21% 15.60% 42.66% 43.42% 41.07% 30.79% -0.01% 10.40% 37.83% -4.05%
EBITDA Growth
50.70% 25.53% 11.49% 30.79% 37.94% 95.74% 19.19% 32.69% -2.40% 12.86% 5.49%
EBIT Growth
44.95% 32.73% 16.96% 25.07% 53.76% 108.93% 11.73% 28.56% -2.95% 23.02% 1.20%
NOPAT Growth
42.55% 33.04% 15.01% 4.91% 99.93% 106.10% 20.03% 22.21% -1.94% 19.93% 2.30%
Net Income Growth
42.55% 33.04% 15.01% 4.91% 99.93% 106.10% 20.03% 22.21% -1.94% 19.93% 2.30%
EPS Growth
17.92% 29.60% 1.23% 0.00% 0.00% 0.00% 0.00% 20.24% -6.27% -15.85% 2.09%
Operating Cash Flow Growth
-60.78% 6.94% 6.21% 169.44% 45.85% 41.90% 14.51% 87.00% -5.94% 20.53% -21.19%
Free Cash Flow Firm Growth
-40.69% 54.00% 101.81% -26,527.32% -85.29% -55.16% 95.15% 1,172.25% -120.91% -1,509.26% 143.09%
Invested Capital Growth
32.94% 14.33% 4.36% 44.05% 57.12% 58.45% 7.80% -8.20% 11.06% 58.65% -8.43%
Revenue Q/Q Growth
3.75% 1.34% 3.79% 14.02% 51.77% -7.39% -8.14% 11.49% 3.22% 1.36% 4.27%
EBITDA Q/Q Growth
13.46% 5.73% 2.90% 57.92% 20.72% 2.54% -24.99% 19.70% -1.65% -5.01% -2.02%
EBIT Q/Q Growth
7.77% 4.42% -0.37% 62.29% 18.46% 2.67% -26.60% 29.07% -3.85% -5.82% 8.66%
NOPAT Q/Q Growth
8.93% 3.74% -0.49% 1.01% 18.62% -22.75% -6.31% 13.18% 0.81% -6.50% 10.37%
Net Income Q/Q Growth
8.93% 3.74% -0.49% 54.93% 38.96% 13.93% -30.59% 50.58% 0.81% -6.50% 10.37%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -11.48% 10.41%
Operating Cash Flow Q/Q Growth
-30.34% 24.16% 191.81% 0.50% 10.68% 12.39% 3.12% 4.18% -0.66% 10.05% -10.89%
Free Cash Flow Firm Q/Q Growth
-80.66% -112.52% 103.54% -31.75% -7.05% -40.60% 91.28% -2.82% -249.57% -19.15% 266.89%
Invested Capital Q/Q Growth
27.79% 31.10% 22.45% 24.02% 17.77% 20.67% 0.57% 2.04% 7.63% 10.16% -0.27%
Profitability Metrics
- - - - - - - - - - -
EBITDA Margin
29.45% 34.16% 32.95% 30.21% 29.05% 40.31% 36.74% 48.75% 43.10% 35.29% 38.80%
EBIT Margin
21.96% 26.94% 27.26% 23.90% 25.62% 37.95% 32.42% 41.68% 36.64% 32.70% 34.49%
Profit (Net Income) Margin
16.05% 19.74% 19.63% 14.44% 20.13% 29.41% 26.99% 32.98% 29.30% 25.49% 27.18%
Tax Burden Percent
73.08% 73.25% 72.03% 60.42% 78.56% 77.50% 83.25% 79.14% 79.96% 77.95% 78.80%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
26.92% 26.75% 27.97% 39.58% 21.44% 22.50% 16.75% 20.86% 20.04% 22.05% 21.20%
Return on Invested Capital (ROIC)
3.85% 4.19% 4.42% 3.72% 4.90% 6.40% 6.03% 7.40% 7.18% 6.33% 5.51%
ROIC Less NNEP Spread (ROIC-NNEP)
3.85% 4.19% 4.42% 3.72% 4.90% 6.40% 6.03% 7.40% 7.18% 6.33% 5.51%
Return on Net Nonoperating Assets (RNNOA)
3.44% 4.62% 3.43% 1.91% 2.35% 3.25% 2.81% 2.31% 2.33% 3.13% 2.39%
Return on Equity (ROE)
7.29% 8.81% 7.85% 5.63% 7.25% 9.65% 8.84% 9.72% 9.51% 9.46% 7.90%
Cash Return on Invested Capital (CROIC)
-24.43% -9.19% 0.15% -32.38% -39.53% -38.84% -1.48% 15.95% -3.30% -39.02% 14.31%
Operating Return on Assets (OROA)
0.89% 1.07% 1.16% 1.14% 1.12% 1.63% 1.39% 1.44% 1.26% 1.34% 1.22%
Return on Assets (ROA)
0.65% 0.79% 0.84% 0.69% 0.88% 1.26% 1.15% 1.14% 1.00% 1.04% 0.96%
Return on Common Equity (ROCE)
5.92% 7.30% 7.32% 5.63% 7.25% 9.65% 8.84% 9.72% 9.51% 9.46% 7.90%
Return on Equity Simple (ROE_SIMPLE)
6.87% 8.51% 6.55% 4.77% 5.84% 8.05% 8.14% 9.49% 9.73% 7.95% 7.68%
Net Operating Profit after Tax (NOPAT)
6.61 8.80 10 11 21 44 53 64 63 75 77
NOPAT Margin
16.05% 19.74% 19.63% 14.44% 20.13% 29.41% 26.99% 32.98% 29.30% 25.49% 27.18%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
54.82% 53.39% 47.34% 51.75% 44.17% 40.05% 39.43% 42.98% 42.61% 39.99% 44.74%
Operating Expenses to Revenue
74.59% 72.14% 71.53% 75.41% 72.37% 59.54% 54.66% 58.89% 60.75% 62.40% 64.17%
Earnings before Interest and Taxes (EBIT)
9.05 12 14 18 27 56 63 81 79 97 98
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
12 15 17 22 31 60 71 95 93 104 110
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.84 0.99 0.85 1.51 1.09 1.09 0.93 1.10 1.10 0.92 1.08
Price to Tangible Book Value (P/TBV)
0.99 1.18 0.93 1.66 1.45 1.54 1.23 1.44 1.53 1.44 1.61
Price to Revenue (P/Rev)
1.60 1.92 2.54 4.56 3.75 4.00 3.08 3.84 3.33 2.95 3.82
Price to Earnings (P/E)
10.57 10.14 13.53 31.61 18.64 13.59 11.41 11.64 11.35 11.59 14.05
Dividend Yield
1.21% 0.95% 0.63% 0.50% 0.75% 0.98% 1.50% 1.63% 2.49% 3.20% 2.88%
Earnings Yield
9.46% 9.87% 7.39% 3.16% 5.36% 7.36% 8.76% 8.59% 8.81% 8.63% 7.12%
Enterprise Value to Invested Capital (EV/IC)
0.71 0.81 0.63 1.06 0.76 0.86 0.33 0.00 0.92 0.71 0.89
Enterprise Value to Revenue (EV/Rev)
3.36 4.09 2.87 4.87 3.82 4.85 1.52 0.00 3.93 3.49 4.22
Enterprise Value to EBITDA (EV/EBITDA)
11.40 11.96 8.72 16.12 13.14 12.02 4.14 0.00 9.12 9.89 10.87
Enterprise Value to EBIT (EV/EBIT)
15.28 15.17 10.53 20.38 14.90 12.77 4.69 0.00 10.73 10.67 12.23
Enterprise Value to NOPAT (EV/NOPAT)
20.91 20.71 14.63 33.72 18.97 16.48 5.63 0.00 13.42 13.69 15.52
Enterprise Value to Operating Cash Flow (EV/OCF)
19.60 24.14 18.46 16.58 12.78 16.13 5.78 0.00 9.38 9.52 14.01
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 423.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.98
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
1.04 1.17 0.51 0.51 0.46 0.54 0.40 0.00 0.43 0.54 0.33
Long-Term Debt to Equity
1.04 1.17 0.51 0.51 0.22 0.15 0.40 0.00 0.22 0.13 0.12
Financial Leverage
0.89 1.10 0.78 0.51 0.48 0.51 0.47 0.31 0.32 0.49 0.43
Leverage Ratio
11.22 11.21 9.39 8.20 8.22 7.66 7.65 8.50 9.48 9.06 8.19
Compound Leverage Factor
11.22 11.21 9.39 8.20 8.22 7.66 7.65 8.50 9.48 9.06 8.19
Debt to Total Capital
50.90% 53.84% 33.92% 33.96% 31.37% 35.18% 28.68% 0.00% 29.85% 35.11% 24.92%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 16.15% 25.56% 0.00% 0.00% 14.11% 26.67% 15.68%
Long-Term Debt to Total Capital
50.90% 53.84% 33.92% 33.96% 15.21% 9.62% 28.68% 0.00% 15.73% 8.44% 9.24%
Preferred Equity to Total Capital
8.74% 7.64% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
40.36% 38.52% 66.08% 66.04% 68.63% 64.83% 71.32% 100.00% 70.15% 64.89% 75.08%
Debt to EBITDA
8.22 7.92 4.67 5.15 5.42 4.92 3.63 0.00 2.97 4.91 3.03
Net Debt to EBITDA
4.54 5.21 1.01 1.01 0.23 2.10 -4.24 0.00 1.40 1.51 1.03
Long-Term Debt to EBITDA
8.22 7.92 4.67 5.15 2.63 1.35 3.63 0.00 1.57 1.18 1.12
Debt to NOPAT
15.08 13.71 7.84 10.77 7.82 6.74 4.94 0.00 4.37 6.80 4.32
Net Debt to NOPAT
8.34 9.02 1.70 2.12 0.33 2.88 -5.78 0.00 2.06 2.10 1.47
Long-Term Debt to NOPAT
15.08 13.71 7.84 10.77 3.79 1.84 4.94 0.00 2.31 1.64 1.60
Noncontrolling Interest Sharing Ratio
18.88% 17.15% 6.64% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-42 -19 0.35 -92 -171 -266 -13 138 -29 -465 200
Operating Cash Flow to CapEx
713.77% 613.31% 296.12% 461.99% 776.44% 566.40% 1,163.82% 1,343.37% 607.88% 4,775.88% 2,953.78%
Free Cash Flow to Firm to Interest Expense
-14.11 -6.02 0.08 -13.37 -11.34 -9.94 -0.48 7.02 -1.28 -5.08 1.48
Operating Cash Flow to Interest Expense
2.37 2.35 1.86 3.13 2.09 1.67 1.92 4.86 3.99 1.18 0.63
Operating Cash Flow Less CapEx to Interest Expense
2.04 1.97 1.23 2.45 1.82 1.38 1.75 4.50 3.33 1.16 0.61
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.04 0.04 0.04 0.05 0.04 0.04 0.04 0.03 0.03 0.04 0.04
Fixed Asset Turnover
1.23 1.30 1.51 1.81 1.74 1.72 1.82 0.00 0.00 1.86 1.65
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
196 224 234 337 529 839 904 830 922 1,462 1,339
Invested Capital Turnover
0.24 0.21 0.23 0.26 0.24 0.22 0.22 0.22 0.25 0.25 0.20
Increase / (Decrease) in Invested Capital
49 28 9.77 103 192 309 65 -74 92 541 -123
Enterprise Value (EV)
138 182 148 358 403 721 296 -173 844 1,033 1,198
Market Capitalization
66 86 131 336 396 595 599 747 714 875 1,085
Book Value per Share
$14.89 $15.97 $28.33 $19.88 $24.48 $28.90 $30.12 $32.17 $26.91 $30.53 $32.23
Tangible Book Value per Share
$12.58 $13.42 $25.80 $18.09 $18.43 $20.47 $22.79 $24.72 $19.41 $19.55 $21.59
Total Capital
196 224 234 337 529 839 904 676 922 1,462 1,339
Total Debt
100 121 79 114 166 295 259 0.00 275 513 334
Total Long-Term Debt
100 121 79 114 81 81 259 0.00 145 123 124
Net Debt
55 79 17 22 6.91 126 -303 -920 130 158 113
Capital Expenditures (CapEx)
0.99 1.23 2.71 4.68 4.06 7.89 4.40 7.13 15 2.27 2.90
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
100 121 79 114 166 295 259 154 275 513 334
Total Depreciation and Amortization (D&A)
3.08 3.22 2.93 4.64 3.62 3.52 8.41 14 14 7.67 12
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.27 $1.64 $1.86 $1.12 $1.63 $0.00 $0.00 $0.00 $2.86 $2.41 $2.45
Adjusted Weighted Average Basic Shares Outstanding
5.38M 5.43M 9.14M 12.34M 17.27M 18.85M 21.02M 20.49M 31.06M 31.23M 31.25M
Adjusted Diluted Earnings per Share
$1.25 $1.62 $1.64 $1.11 $1.62 $0.00 $0.00 $0.00 $2.84 $2.39 $2.44
Adjusted Weighted Average Diluted Shares Outstanding
5.38M 5.43M 9.14M 12.34M 17.27M 18.85M 21.02M 20.49M 31.06M 31.23M 31.25M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
5.38M 5.43M 9.14M 12.34M 17.27M 18.85M 21.02M 20.49M 31.06M 31.23M 31.25M
Normalized Net Operating Profit after Tax (NOPAT)
6.61 8.80 10 11 32 49 55 65 68 83 80
Normalized NOPAT Margin
16.05% 19.74% 19.63% 14.44% 30.42% 32.68% 28.41% 33.64% 31.68% 27.88% 28.22%
Pre Tax Income Margin
21.96% 26.94% 27.26% 23.90% 25.62% 37.95% 32.42% 41.68% 36.64% 32.70% 34.49%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
3.04 3.75 3.26 2.54 1.79 2.11 2.37 4.12 3.49 1.06 0.72
NOPAT to Interest Expense
2.22 2.74 2.35 1.54 1.41 1.64 1.97 3.26 2.79 0.82 0.57
EBIT Less CapEx to Interest Expense
2.71 3.36 2.63 1.87 1.52 1.82 2.20 3.76 2.83 1.03 0.70
NOPAT Less CapEx to Interest Expense
1.89 2.36 1.72 0.86 1.14 1.34 1.80 2.90 2.13 0.80 0.55
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
16.72% 12.74% 12.20% 13.34% 12.05% 11.86% 16.36% 18.69% 25.87% 36.51% 39.72%
Augmented Payout Ratio
16.72% 16.58% 12.20% 13.34% 13.16% 23.82% 31.72% 26.75% 61.12% 36.51% 39.72%

Quarterly Metrics and Ratios for First Bancshares

This table displays calculated financial ratios and metrics derived from First Bancshares' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
17.25% 13.57% 55.71% 54.54% 37.58% 7.07% -9.70% -9.36% -10.96% 19.38%
EBITDA Growth
-16.21% 7.49% -2.30% 32.16% 61.64% -4.60% 25.17% 2.93% -10.25% -19.16%
EBIT Growth
-12.62% 9.41% -1.59% 57.75% 74.23% -29.44% 27.44% -16.27% -23.77% 54.48%
NOPAT Growth
-12.95% 3.19% -3.32% 50.95% 73.47% -32.20% 26.78% -17.17% -23.76% 65.64%
Net Income Growth
-12.95% 3.19% -3.32% 50.95% 73.47% -32.20% 26.78% -17.17% -23.76% 65.64%
EPS Growth
-19.74% 0.00% -35.80% -1.32% 26.23% -46.97% 25.00% -17.33% -23.38% 65.71%
Operating Cash Flow Growth
40.11% -3.18% -79.86% 53.26% 57.41% 54.30% 119.90% -25.11% -23.00% -37.11%
Free Cash Flow Firm Growth
-128.56% -184.04% -841.19% -602.70% -1,437.98% -601.15% 123.79% 108.56% 100.73% 126.73%
Invested Capital Growth
5.30% 11.06% 77.39% 85.40% 55.01% 58.65% -8.50% -2.28% 1.15% -8.43%
Revenue Q/Q Growth
14.59% -3.65% 38.35% 1.18% 2.01% -25.01% 16.68% 1.56% 0.20% 0.54%
EBITDA Q/Q Growth
-8.01% 15.47% 2.82% 21.01% 12.51% -31.85% 34.90% -0.49% -1.90% -38.62%
EBIT Q/Q Growth
-6.47% 13.02% 2.77% 45.22% 3.30% -54.23% 85.62% -4.59% -5.96% -7.24%
NOPAT Q/Q Growth
-10.86% 16.03% -0.14% 46.14% 2.44% -54.65% 86.73% -4.51% -5.72% -1.47%
Net Income Q/Q Growth
-10.86% 16.03% -0.14% 46.14% 2.44% -54.65% 86.73% -4.51% -5.72% -1.47%
EPS Q/Q Growth
-19.74% 8.20% -21.21% 44.23% 2.67% -54.55% 85.71% -4.62% -4.84% -1.69%
Operating Cash Flow Q/Q Growth
18.83% -30.98% -74.49% 632.53% 22.06% -32.35% -63.65% 149.49% 25.49% -44.75%
Free Cash Flow Firm Q/Q Growth
-125.24% -160.03% -631.81% -4.67% 22.78% -18.54% 124.83% -62.35% -93.41% 4,236.89%
Invested Capital Q/Q Growth
21.42% 7.63% 41.49% 0.26% 1.52% 10.16% -18.40% 7.08% 5.09% -0.27%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
35.05% 42.00% 31.22% 37.33% 41.18% 37.42% 43.27% 42.39% 41.51% 25.34%
EBIT Margin
30.89% 36.23% 26.91% 38.63% 39.12% 23.88% 37.98% 35.68% 33.49% 30.90%
Profit (Net Income) Margin
24.14% 29.07% 20.98% 30.31% 30.44% 18.41% 29.46% 27.70% 26.06% 25.54%
Tax Burden Percent
78.16% 80.24% 77.97% 78.47% 77.82% 77.10% 77.56% 77.63% 77.83% 82.67%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
21.84% 19.76% 22.03% 21.53% 22.18% 22.90% 22.44% 22.37% 22.17% 17.33%
Return on Invested Capital (ROIC)
6.02% 7.13% 4.99% 8.14% 8.14% 4.57% 6.81% 6.02% 5.32% 5.18%
ROIC Less NNEP Spread (ROIC-NNEP)
6.02% 7.13% 4.99% 8.14% 8.14% 4.57% 6.81% 6.02% 5.32% 5.18%
Return on Net Nonoperating Assets (RNNOA)
1.77% 2.31% 1.85% 3.08% 3.57% 2.26% 2.35% 2.30% 2.12% 2.24%
Return on Equity (ROE)
7.79% 9.44% 6.85% 11.22% 11.71% 6.83% 9.16% 8.32% 7.44% 7.42%
Cash Return on Invested Capital (CROIC)
2.31% -3.30% -49.68% -52.85% -35.75% -39.02% 15.27% 8.16% 4.09% 14.31%
Operating Return on Assets (OROA)
1.07% 1.24% 0.92% 1.50% 1.59% 0.98% 1.37% 1.27% 1.15% 1.10%
Return on Assets (ROA)
0.84% 1.00% 0.72% 1.18% 1.24% 0.75% 1.06% 0.98% 0.90% 0.91%
Return on Common Equity (ROCE)
7.79% 9.44% 6.85% 11.22% 11.71% 6.83% 9.16% 8.32% 7.44% 7.42%
Return on Equity Simple (ROE_SIMPLE)
10.04% 0.00% 6.96% 7.83% 8.99% 0.00% 8.31% 7.79% 6.91% 0.00%
Net Operating Profit after Tax (NOPAT)
14 16 16 24 24 11 21 20 19 18
NOPAT Margin
24.14% 29.07% 20.98% 30.31% 30.44% 18.41% 29.46% 27.70% 26.06% 25.54%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
39.41% 47.21% 37.23% 36.14% 35.18% 53.62% 43.16% 42.94% 43.21% 48.95%
Operating Expenses to Revenue
61.72% 62.51% 58.90% 59.78% 59.63% 74.04% 62.02% 62.00% 65.11% 67.51%
Earnings before Interest and Taxes (EBIT)
18 20 21 30 31 14 27 25 24 22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
20 24 24 29 33 22 30 30 30 18
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.08 1.10 0.85 0.85 0.89 0.92 0.83 0.83 0.98 1.08
Price to Tangible Book Value (P/TBV)
1.52 1.53 1.22 1.22 1.28 1.44 1.16 1.15 1.35 1.61
Price to Revenue (P/Rev)
3.23 3.33 3.14 2.84 2.75 2.95 2.76 2.86 3.66 3.82
Price to Earnings (P/E)
10.76 11.35 12.19 10.90 9.94 11.59 9.97 10.63 14.24 14.05
Dividend Yield
2.50% 2.49% 3.19% 3.32% 3.33% 3.20% 3.69% 3.76% 3.10% 2.88%
Earnings Yield
9.30% 8.81% 8.20% 9.17% 10.06% 8.63% 10.03% 9.41% 7.02% 7.12%
Enterprise Value to Invested Capital (EV/IC)
0.87 0.92 0.64 0.75 0.78 0.71 0.58 0.71 0.83 0.89
Enterprise Value to Revenue (EV/Rev)
3.57 3.93 3.43 3.63 3.54 3.49 2.39 3.21 4.08 4.22
Enterprise Value to EBITDA (EV/EBITDA)
7.89 9.12 9.20 10.07 9.41 9.89 6.00 7.79 9.89 10.87
Enterprise Value to EBIT (EV/EBIT)
9.07 10.73 10.61 10.97 10.07 10.67 6.72 9.25 12.34 12.23
Enterprise Value to NOPAT (EV/NOPAT)
11.90 13.42 13.32 13.94 12.82 13.69 8.64 11.92 15.91 15.52
Enterprise Value to Operating Cash Flow (EV/OCF)
8.19 9.38 11.61 11.76 10.50 9.52 6.04 8.56 11.60 14.01
Enterprise Value to Free Cash Flow (EV/FCFF)
38.42 0.00 0.00 0.00 0.00 0.00 3.62 8.56 20.37 5.98
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.38 0.43 0.45 0.45 0.48 0.54 0.24 0.31 0.33 0.33
Long-Term Debt to Equity
0.23 0.22 0.17 0.14 0.14 0.13 0.13 0.13 0.12 0.12
Financial Leverage
0.29 0.32 0.37 0.38 0.44 0.49 0.35 0.38 0.40 0.43
Leverage Ratio
9.28 9.48 9.56 9.52 9.44 9.06 8.61 8.46 8.30 8.19
Compound Leverage Factor
9.28 9.48 9.56 9.52 9.44 9.06 8.61 8.46 8.30 8.19
Debt to Total Capital
27.43% 29.85% 31.07% 31.22% 32.41% 35.11% 19.56% 23.94% 24.66% 24.92%
Short-Term Debt to Total Capital
10.51% 14.11% 19.22% 21.41% 22.75% 26.67% 9.22% 14.27% 15.45% 15.68%
Long-Term Debt to Total Capital
16.93% 15.73% 11.85% 9.80% 9.66% 8.44% 10.35% 9.67% 9.21% 9.24%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
72.57% 70.15% 68.93% 68.78% 67.59% 64.89% 80.44% 76.06% 75.34% 75.08%
Debt to EBITDA
2.50 2.97 4.48 4.19 3.91 4.91 2.03 2.64 2.94 3.03
Net Debt to EBITDA
0.76 1.40 0.78 2.20 2.12 1.51 -0.93 0.85 1.04 1.03
Long-Term Debt to EBITDA
1.54 1.57 1.71 1.32 1.17 1.18 1.07 1.07 1.10 1.12
Debt to NOPAT
3.76 4.37 6.48 5.80 5.33 6.80 2.93 4.04 4.73 4.32
Net Debt to NOPAT
1.14 2.06 1.13 3.04 2.88 2.10 -1.33 1.30 1.67 1.47
Long-Term Debt to NOPAT
2.32 2.31 2.47 1.82 1.59 1.64 1.55 1.63 1.77 1.60
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-29 -76 -553 -579 -447 -530 131 50 3.26 142
Operating Cash Flow to CapEx
526.47% 286.14% 1,389.25% 1,842.81% 0.00% 2,997.98% 1,427.34% 13,509.52% 3,327.21% 1,725.54%
Free Cash Flow to Firm to Interest Expense
-6.15 -7.55 -35.86 -28.69 -17.89 -17.05 3.83 1.49 0.09 4.23
Operating Cash Flow to Interest Expense
5.59 1.82 0.30 1.69 1.67 0.91 0.30 0.77 0.93 0.53
Operating Cash Flow Less CapEx to Interest Expense
4.53 1.19 0.28 1.60 1.70 0.88 0.28 0.76 0.90 0.50
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.03 0.04
Fixed Asset Turnover
1.62 0.00 0.00 1.77 1.85 1.86 0.00 1.61 1.57 1.65
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
856 922 1,304 1,308 1,328 1,462 1,193 1,278 1,343 1,339
Invested Capital Turnover
0.25 0.25 0.24 0.27 0.27 0.25 0.23 0.22 0.20 0.20
Increase / (Decrease) in Invested Capital
43 92 569 602 471 541 -111 -30 15 -123
Enterprise Value (EV)
743 844 831 981 1,035 1,033 689 903 1,113 1,198
Market Capitalization
671 714 760 767 802 875 796 805 996 1,085
Book Value per Share
$25.86 $26.91 $28.86 $28.97 $28.85 $30.53 $30.74 $31.13 $32.42 $32.23
Tangible Book Value per Share
$18.42 $19.41 $20.11 $20.19 $20.08 $19.55 $22.01 $22.40 $23.69 $21.59
Total Capital
856 922 1,301 1,308 1,328 1,462 1,193 1,278 1,343 1,339
Total Debt
235 275 404 408 430 513 233 306 331 334
Total Long-Term Debt
145 145 154 128 128 123 123 124 124 124
Net Debt
71 130 71 214 233 158 -106 98 117 113
Capital Expenditures (CapEx)
5.02 6.38 0.34 1.85 -0.85 0.94 0.72 0.19 0.96 1.03
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
235 275 408 408 430 513 233 306 331 334
Total Depreciation and Amortization (D&A)
2.42 3.23 3.34 -1.02 1.65 8.13 3.70 4.77 5.71 -3.98
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.61 $0.67 $0.52 $0.76 $0.78 $0.35 $0.66 $0.62 $0.59 $0.58
Adjusted Weighted Average Basic Shares Outstanding
24.03M 31.06M 31.05M 31.10M 31.09M 31.23M 31.22M 31.20M 31.20M 31.25M
Adjusted Diluted Earnings per Share
$0.61 $0.66 $0.52 $0.75 $0.77 $0.35 $0.65 $0.62 $0.59 $0.58
Adjusted Weighted Average Diluted Shares Outstanding
24.03M 31.06M 31.05M 31.10M 31.09M 31.23M 31.22M 31.20M 31.20M 31.25M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
24.03M 31.06M 31.05M 31.10M 31.09M 31.23M 31.22M 31.20M 31.20M 31.25M
Normalized Net Operating Profit after Tax (NOPAT)
17 17 19 27 25 12 21 20 21 19
Normalized NOPAT Margin
29.03% 30.78% 24.80% 34.41% 31.01% 19.17% 29.47% 28.08% 28.89% 26.45%
Pre Tax Income Margin
30.89% 36.23% 26.91% 38.63% 39.12% 23.88% 37.98% 35.68% 33.49% 30.90%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
3.80 2.03 1.35 1.50 1.25 0.46 0.77 0.76 0.69 0.66
NOPAT to Interest Expense
2.97 1.63 1.06 1.18 0.98 0.36 0.60 0.59 0.54 0.55
EBIT Less CapEx to Interest Expense
2.74 1.39 1.33 1.41 1.29 0.43 0.75 0.76 0.66 0.63
NOPAT Less CapEx to Interest Expense
1.91 0.99 1.03 1.09 1.01 0.33 0.58 0.59 0.51 0.52
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
23.80% 25.87% 30.91% 31.80% 30.89% 36.51% 36.07% 39.24% 43.39% 39.72%
Augmented Payout Ratio
59.33% 61.12% 31.40% 32.24% 30.89% 36.51% 36.07% 39.27% 43.39% 39.72%

Frequently Asked Questions About First Bancshares' Financials

When does First Bancshares's fiscal year end?

According to the most recent income statement we have on file, First Bancshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has First Bancshares' net income changed over the last 10 years?

First Bancshares' net income appears to be on an upward trend, with a most recent value of $77.19 million in 2024, rising from $6.61 million in 2014. The previous period was $75.46 million in 2023. See First Bancshares' forecast for analyst expectations on what’s next for the company.

How has First Bancshares revenue changed over the last 10 years?

Over the last 10 years, First Bancshares' total revenue changed from $41.20 million in 2014 to $284.03 million in 2024, a change of 589.4%.

How much debt does First Bancshares have?

First Bancshares' total liabilities were at $7.00 billion at the end of 2024, a 0.7% decrease from 2023, and a 601.7% increase since 2014.

How much cash does First Bancshares have?

In the past 10 years, First Bancshares' cash and equivalents has ranged from $23.63 million in 2015 to $224.20 million in 2023, and is currently $114.19 million as of their latest financial filing in 2024.

How has First Bancshares' book value per share changed over the last 10 years?

Over the last 10 years, First Bancshares' book value per share changed from 14.89 in 2014 to 32.23 in 2024, a change of 116.4%.



This page (NASDAQ:FBMS) was last updated on 5/5/2025 by MarketBeat.com Staff
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