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

Pinnacle Financial Partners • Citigroup • Wells Fargo & Co. • U.S. Bancorp. • JPMorgan Chase & Co. • PNC Financial Services • Shinhan Financial • Capital One Financial • Bank Of America • HSBC USA ...

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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Benzinga's Top Ratings Upgrades, Downgrades For June 14, 2021

14 Jun 21

DA Davidson Downgrades First Bancshares to Neutral, Raises Price Target to $44.5

14 Jun 21

DA Davidson analyst Kevin Fitzsimmons downgrades First Bancshares (NASDAQ:FBMS) from Buy to Neutral and raises the price target from $44 to $44.5.

Press releases

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First Bancshares, Inc. Reports Results for Second Quarter ended June 30, 2021; Increases Quarterly Dividend 7%

26 Jul 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

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

10 May 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart FBMS financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 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 Q1 2021

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.

60.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	93	89	+4.5%
Opened positions	8	14	-42.9%
Closed positions	4	5	-20.0%
Increased positions	32	32	–
Reduced positions	32	26	+23.1%

13F shares	Current	Prev Q	Change
Total value	2.48B	558.95M	+343.8%
Total shares	12.64M	12.61M	+0.3%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
TROW T. Rowe Price	2.74M	$100.27M	+0.1%
BLK Blackrock	1.75M	$64.08M	+11.3%
Vanguard	1.08M	$39.51M	+0.4%
Investment Counselors Of Maryland	931.09K	$34.09M	+3.2%
Manufacturers Life Insurance Company, The	533.22K	$19.52M	-0.7%
Stieven Capital Advisors	499.3K	$18.28M	+7.6%
Dimensional Fund Advisors	447.43K	$16.39M	-1.0%
STT State Street	373.54K	$13.68M	-10.8%
Mendon Capital Advisors	358.45K	$13.12M	-3.2%
Geode Capital Management	353.84K	$12.95M	+8.6%

Largest transactions	Shares	Bought/sold	Change
RMB Capital Management	0	-350K	EXIT
BLK Blackrock	1.75M	+177.91K	+11.3%
Royce & Associates	267.51K	+142.07K	+113.3%
EJF Capital	242.64K	+107.12K	+79.0%
NTRS Northern Trust	262.31K	-59.88K	-18.6%
THB Asset Management	0	-46.83K	EXIT
STT State Street	373.54K	-45.45K	-10.8%
Victory Capital Management	86.71K	+40.44K	+87.4%
WFC Wells Fargo & Co.	12.55K	-39.26K	-75.8%
Stieven Capital Advisors	499.3K	+35.4K	+7.6%

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

Financial report summary

Management Discussion

The Company reported net income available to common shareholders of $16.6 million for the three months ended March 31, 2021, compared with net income available to common shareholders of $8.3 million for the same period last year, an increase of $8.3 million or 100.3%. In comparing the quarters, an increase in net income available to common shareholders was largely attributed to a decrease in provision for credit losses expense in the amount of $7.1 million. The Company recorded $0 in provision for credit losses expense for the first quarter 2021 and recorded $7.1 million for the first quarter 2020. For the first quarter of 2021, fully diluted earnings per share were $0.79, compared to $0.44 for the first quarter of 2020.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

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From filing 10-Q 2021 Q1