FBMS First Bancshares Inc Miss Dashboard

First Bancshares, Inc. (Mississippi) operates as a bank holding company. It provides banking services such as personal and business which include checking, savings, and loans, cards, and others. It operates through the following segments: Commercial/Retail Bank, Mortgage Banking, and Holding Company. The Commercial/Retail Bank segment provides a full range of commercial banking services to corporations and other business customers. Loans are provided for a variety of general corporate purposes, including financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate and construction and land development. The Mortgage Banking segment provides residential mortgage banking services, including construction financing, for conventional and government insured home loans to be sold in the secondary market. The company was founded in 1996 and is headquartered in Hattiesburg, MS.

Company profile

Ticker

FBMS

Exchange

NASDAQ

Website

www.thefirstbank.com

CEO

M. Ray Cole

Incorporated

Mississippi

Location

Mississippi

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

Citigroup • JPMorgan Chase & Co. • U.S. Bancorp. • PNC Financial Services • Shinhan Financial • Capital One Financial • Bank Of America • HSBC USA • Regions Financial • Keycorp ...

Former names

COMMUNITY CAPITAL CORP /MS/

SEC CIK

0000947559

Corporate docs

Articles of Incorporation & Bylaws

IRS number

640862173

FBMS stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Tuesday

6 Apr 21

This morning 263 companies set new 52-week highs.

Stocks That Hit 52-Week Highs On Friday

12 Mar 21

Before 10 a.m. ET on Friday, 571 companies hit new 52-week highs.

Stocks That Hit 52-Week Highs On Thursday

11 Mar 21

On Thursday morning, 420 companies hit new 52-week highs.

Stocks That Hit 52-Week Highs On Thursday

4 Mar 21

Stocks That Hit 52-Week Highs On Thursday

25 Feb 21

Press releases

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The First Bancshares, Inc. Reports Results for Fourth Quarter Ended December 31, 2020; Increases Quarterly Dividend 8%

26 Jan 21

The First Bancshares, Inc. ("FBMS" or "the Company") (NASDAQ:FBMS), holding company for The First, A National Banking Association, (www.thefirstbank.com) reported today net income available to common shareholders for

The First Bancshares, Inc. Announces Extension of Exchange Offer

21 Jan 21

The First Bancshares, Inc. (NASDAQ:FBMS) ("First Bancshares" or the "Company"), the holding company for The First, A National Banking Association, announced today that it has extended its offer to exchange any and all

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

12 Mar 21

17 Apr 21

31 Dec 21

Financial summary

Financial statements Chart FBMS financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

FBMS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Mar 21	Rodney D Bennett	COMMON STOCK	Grant	Aquire A	No	No	0	1,000	0	6,250
1 Mar 21	David W Bomboy	COMMON STOCK	Grant	Aquire A	No	No	0	1,000	0	130,080
1 Mar 21	M Ray Cole JR	COMMON STOCK	Payment of exercise	Dispose F	No	No	32.07	229	7.34K	83,941
1 Mar 21	M Ray Cole JR	COMMON STOCK	Grant	Aquire A	No	No	0	6,500	0	84,170
1 Mar 21	E Ricky Gibson	COMMON STOCK	Grant	Aquire A	No	No	0	2,500	0	103,918
1 Mar 21	Charles R Lightsey	COMMON STOCK	Grant	Aquire A	No	No	0	1,000	0	93,356

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

FBMS institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

58.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	89	80	+11.3%
Opened positions	14	8	+75.0%
Closed positions	5	8	-37.5%
Increased positions	32	24	+33.3%
Reduced positions	26	33	-21.2%

13F shares	Current	Prev Q	Change
Total value	558.95M	1.3B	-57.1%
Total shares	12.61M	11.92M	+5.8%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
TROW T. Rowe Price	2.74M	$84.49M	+2.7%
BLK Blackrock	1.57M	$48.55M	+2.9%
Vanguard	1.08M	$33.21M	+0.3%
Investment Counselors Of Maryland	902.15K	$27.86M	+1.6%
Manufacturers Life Insurance Company, The	537.05K	$16.58M	-0.9%
Stieven Capital Advisors	463.9K	$14.33M	+0.2%
Dimensional Fund Advisors	451.77K	$13.95M	+2.6%
STT State Street	418.99K	$12.94M	-2.0%
Mendon Capital Advisors	370.14K	$11.43M	-11.0%
HoldCo Asset Management	350.48K	$10.82M	NEW

Largest transactions	Shares	Bought/sold	Change
HoldCo Asset Management	350.48K	+350.48K	NEW
RMB Capital Management	350K	+350K	NEW
Fourthstone	0	-129.1K	EXIT
Royce & Associates	125.44K	+125.44K	NEW
Banc Funds	300.2K	-92.57K	-23.6%
TROW T. Rowe Price	2.74M	+71.98K	+2.7%
Wellington Management	14.31K	-61.67K	-81.2%
Maltese Capital Management	140K	-50.29K	-26.4%
EJF Capital	135.52K	+47.04K	+53.2%
JPM JPMorgan Chase & Co.	64.44K	+46.32K	+255.6%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

The Company reported consolidated net income available to common stockholders of $52.5 million for the year ended December 31, 2020, compared to a consolidated net income of $43.7 million for the year ended December 31, 2019. Excluding the bargain purchase and sale of land gains of $8.3 million, net of tax, and the increased provision expense of $16.5 million, net of tax, net income available to common shareholders increased $17.0 million in year-over-year comparison. Net interest income increased $30.9 million in year-over-year comparison, primarily due to interest income earned on a higher volume of loans and securities. Non-interest income increased $6.5 million in year-over-year comparison excluding the awards and gains mentioned above. Mortgage income increased $4.5 million and interchange fee income increased $1.4 million in the year-over-year comparison. Non-interest expense was $106.3 million at December 31, 2020, an increase of $17.8 million in year-over-year comparison, of which $12.3 million is related to the operations of First Florida Bank (“FFB”) and SWG.

Content analysis

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Uncertain
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Readability	H.S. sophomore Avg

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Removed: attributed, dated, fourth, hypothetical, lessee, Lott, pattern, reclassify, reevaluated, remained, revalued, SeeSupervision, south, treated

From filing 10-K 2020 FY