The First Bancshares, Inc. (FBMS)

The First Bancshares Statistics

Total Valuation

FBMS has a market cap or net worth of $1.08 billion. The enterprise value is $1.20 billion.

Market Cap	1.08B
Enterprise Value	1.20B

Important Dates

The next estimated earnings date is Wednesday, January 22, 2025, after market close.

Earnings Date	Jan 22, 2025
Ex-Dividend Date	Nov 8, 2024

Share Statistics

FBMS has 31.20 million shares outstanding. The number of shares has increased by 6.43% in one year.

Current Share Class	31.20M
Shares Outstanding	31.20M
Shares Change (YoY)	+6.43%
Shares Change (QoQ)	+0.11%
Owned by Insiders (%)	5.85%
Owned by Institutions (%)	70.61%
Float	29.23M

Valuation Ratios

The trailing PE ratio is 15.62 and the forward PE ratio is 12.86.

PE Ratio	15.62
Forward PE	12.86
PS Ratio	4.05
Forward PS	4.28
PB Ratio	1.07
P/TBV Ratio	1.46
P/FCF Ratio	11.62
P/OCF Ratio	11.23
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	17.20
EV / Sales	4.48
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	12.97

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	3.78
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 7.33%.

Return on Equity (ROE)	7.33%
Return on Assets (ROA)	0.88%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$249,072
Profits Per Employee	$64,882
Employee Count	1,078
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, FBMS has paid $20.22 million in taxes.

Income Tax	20.22M
Effective Tax Rate	22.42%

Stock Price Statistics

The stock price has increased by +18.98% in the last 52 weeks. The beta is 0.92, so FBMS's price volatility has been similar to the market average.

Beta (5Y)	0.92
52-Week Price Change	+18.98%
50-Day Moving Average	35.41
200-Day Moving Average	29.64
Relative Strength Index (RSI)	40.76
Average Volume (20 Days)	139,183

Short Selling Information

The latest short interest is 337,445, so 1.08% of the outstanding shares have been sold short.

Short Interest	337,445
Short Previous Month	439,827
Short % of Shares Out	1.08%
Short % of Float	1.15%
Short Ratio (days to cover)	3.65

Income Statement

In the last 12 months, FBMS had revenue of $268.50 million and earned $69.94 million in profits. Earnings per share was $2.21.

Revenue	268.50M
Gross Profit	268.50M
Operating Income	97.55M
Pretax Income	97.60M
Net Income	69.94M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$2.21

Balance Sheet

The company has $224.87 million in cash and $350.27 million in debt, giving a net cash position of -$125.39 million or -$4.02 per share.

Cash & Cash Equivalents	224.87M
Total Debt	350.27M
Net Cash	-125.39M
Net Cash Per Share	-$4.02
Equity (Book Value)	1.01B
Book Value Per Share	32.42
Working Capital	-6.43B

Cash Flow

In the last 12 months, operating cash flow was $95.96 million and capital expenditures -$3.23 million, giving a free cash flow of $92.73 million.

Operating Cash Flow	95.96M
Capital Expenditures	-3.23M
Free Cash Flow	92.73M
FCF Per Share	$2.97

Margins

Gross Margin	n/a
Operating Margin	36.33%
Pretax Margin	33.58%
Profit Margin	26.05%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	34.54%

Dividends & Yields

This stock pays an annual dividend of $1.00, which amounts to a dividend yield of 2.90%.

Dividend Per Share	$1.00
Dividend Yield	2.90%
Dividend Growth (YoY)	11.11%
Years of Dividend Growth	6
Payout Ratio	45.23%
Buyback Yield	-6.43%
Shareholder Yield	-3.53%
Earnings Yield	6.49%
FCF Yield	8.60%

Analyst Forecast

The average price target for FBMS is $39.50, which is 14.36% higher than the current price. The consensus rating is "Buy".

Price Target	$39.50
Price Target Difference	14.36%
Analyst Consensus	Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on March 16, 2006. It was a forward split with a ratio of 2:1.

Last Split Date	Mar 16, 2006
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4