First Bancshares (FBSI) AI Stock Analysis

• Market Cap: $61.34M
• Dividend Yield: 1.39%
• Average Volume (3M): 37.00
• Price to Earnings (P/E): 9.2
• Beta (1Y): 0.08
• Revenue Growth: 13.36%
• EPS Growth: N/A
• Country: US
• Employees: 1,078
• Sector: Financial
• Sector Strength: 77
• Industry: Banks - Regional
• EPS (TTM): 2.74
• Shares Outstanding: 2,439,582
• 10 Day Avg. Volume: 34
• 30 Day Avg. Volume: 37
• PEG Ratio: 5.97
• Price to Book (P/B): N/A
• Price to Sales (P/S): 4.10
• Price to Cash Flow (P/CF): 8.60
• P/FCF Ratio: 4.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

First Bancshares exhibits strong financial performance with robust revenue growth and effective cash flow management, which significantly boosts its overall score. However, the technical analysis indicates bearish signals, which may pose short-term challenges. The valuation suggests it is reasonably priced, with a modest dividend yield. These factors collectively position the stock at a moderate overall score, reflecting its financial strengths tempered by current market sentiment.

First Bancshares Business Overview & Revenue Model

Company Description

First Bancshares (FBSI) is a financial holding company that operates primarily in the banking sector. It offers a range of financial services through its subsidiaries, including commercial and retail banking, mortgage banking, and investment services. The company focuses on providing personalized banking solutions to individuals, businesses, and institutional clients, with a strong emphasis on customer service and community involvement.

How the Company Makes Money

First Bancshares generates revenue primarily through interest income from its loan portfolio, which includes personal, commercial, and mortgage loans. The company also earns money from interest on securities and other investments. Additionally, non-interest income, such as fees for banking services, transaction fees, and investment advisory services, contributes to its earnings. Deposit accounts, such as savings and checking accounts, provide a low-cost source of funds that FBSI leverages to offer loans. Strategic partnerships and community banking initiatives further enhance its revenue streams by expanding its customer base and service offerings.

First Bancshares Financial Statement Overview

Summary

First Bancshares presents a compelling financial profile with strong revenue and profit growth, efficient operations, and healthy cash flow management. While the balance sheet shows low leverage, the equity ratio highlights typical banking sector characteristics. Overall, the company is well-positioned for continued financial stability and growth.

Income Statement

First Bancshares showcases strong revenue growth with a 54.5% increase from the previous year, and a robust net profit margin of 22.4%. The EBIT margin stands at an impressive 72.9%, indicating efficient core operations. The gross profit margin exceeds the total revenue, suggesting an error in the reported figures, yet the overall trajectory reflects solid profitability and operational strength.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.21, reflecting prudent financial leverage. With a return on equity of 12.5%, First Bancshares demonstrates effective use of shareholder capital. The equity ratio of 9.9% suggests a moderate level of equity financing relative to total assets, which is typical for the banking sector.

Cash Flow

There is a significant increase in free cash flow, indicating strong cash generation capabilities. The operating cash flow to net income ratio of 1.17 indicates healthy cash earnings relative to net income. The free cash flow to net income ratio is also strong at 1.17, underscoring efficient cash management.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
30.94M	30.05M	19.45M	18.15M	15.16M	14.79M
	Gross Profit
30.94M	30.13M	19.45M	18.15M	15.16M	14.79M
	EBIT
6.43M	21.90M	8.79M	6.71M	5.14M	4.76M
	EBITDA
4.28M	9.62M	7.90M	7.41M	7.35M	6.76M
	Net Income Common Stockholders
6.48M	6.72M	5.28M	5.09M	3.94M	3.57M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
24.88M	9.32M	23.60M	76.03M	86.35M	60.56M
	Total Assets
213.79M	541.56M	471.72M	445.03M	406.28M	352.58M
	Total Debt
3.00M	11.00M	2.51M	1.50M	3.00M	3.00M
	Net Debt
-21.88M	1.68M	-8.54M	-60.33M	-62.42M	-17.89M
	Total Liabilities
3.00M	487.97M	425.21M	1.50M	3.00M	3.00M
	Stockholders Equity
23.98M	53.59M	47.59M	44.16M	42.76M	37.67M
Cash Flow		Free Cash Flow
0.00	7.87M	4.00M	5.94M	1.29M	3.66M
	Operating Cash Flow
0.00	7.87M	4.64M	7.44M	2.63M	4.14M
	Investing Cash Flow
0.00	-11.79M	-65.72M	-44.22M	-39.52M	-9.00M
	Financing Cash Flow
0.00	61.17M	20.50M	33.80M	49.87M	2.31M

First Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FBSI, the sentiment is Positive. The current price of 25.14 is above the 20-day moving average (MA) of 25.01, above the 50-day MA of 24.73, and above the 200-day MA of 24.57, indicating a bullish trend. The MACD of 0.09 indicates Positive momentum. The RSI at 52.68 is Neutral, neither overbought nor oversold. The STOCH value of 39.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FBSI.

First Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BKSC	73 Outperform	$73.56M	10.20	14.15%	5.32%	7.45%	37.20%
FBSI	71 Outperform	$61.34M	9.18	11.35%	1.39%	13.36%	―
UBCP	65 Neutral	$79.08M	10.40	11.23%	5.40%	7.53%	-19.74%
PRK	64 Neutral	$2.30B	15.25	12.68%	2.96%	14.38%	19.61%
Sector *	62 Neutral	$11.85B	9.13	8.11%	79.54%	12.80%	-5.24%
FFNW	55 Neutral	$208.18M	194.65	0.66%	2.28%	2.28%	-83.17%
MSBI	54 Neutral	$341.78M	12.51	-1.83%	7.89%	3.95%	-135.44%