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First Bancshs [Ms] (FBMS)

First Bancshs [Ms] (FBMS)
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The FIRST BANCSHARES, INC., headquartered in Hattiesburg, Mississippi, is the parent company of The First, A National Banking Association. The First is now ranked in the top twenty banks by asset size in Mississippi. The First has operations in Hattiesburg, Laurel, Purvis, Picayune, Pascagoula, Bay St. Louis, Wiggins and Gulfport, Mississippi. The Company and its subsidiary bank engage in a general commercial and retail banking business characterized by personalized service and local decision-making, emphasizing the banking needs of small to medium-sized businesses, professional concerns and individuals. The products and services offered by the bank include deposit services, loan products, mortgage loan divisions and other services.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 419,600 387,640 237,350 214,220 221,220
Sales Growth +8.24% +63.32% +10.80% -3.16% +26.07%
Net Income 77,190 75,460 62,920 64,170 52,510
Net Income Growth +2.29% +19.93% -1.95% +22.21% +20.02%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 8,004,780 7,999,350 6,461,720 6,077,410 5,152,760
Total Assets Growth +0.07% +23.80% +6.32% +17.94% +30.72%
Total Liabilities 6,999,350 7,050,310 5,815,050 5,401,240 4,507,950
Total Liabilities Growth -0.72% +21.24% +7.66% +19.82% +32.66%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 85,510 108,510 90,030 95,720 51,190
Operating Cash Flow Growth -21.20% +20.53% -5.94% +86.99% +14.52%
Net Cash Flow -134,740 209,830 -774,400 357,160 393,690
Change in Net Cash Flow -164.21% +127.10% -316.82% -9.28% +3,933.71%
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