The First Bancshares is a bank holding company for The First, A National Banking Association. The Bank offers a full range of deposit services, including checking accounts, NOW accounts, savings accounts, and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. In addition, it offers certain retirement account services, such as Individual Retirement Accounts. The Bank also provides commercial and personal loans, real estate construction and acquisition loans, and mortgages. Through its private banking division, the Bank offers financial services and wealth management services. Other bank services include online internet banking services, voice response telephone inquiry services, commercial sweep accounts, cash management services, safe deposit boxes, traveler's checks, mobile deposit, direct deposit of payroll and social security checks, and automatic drafts for various accounts.

Type
Public
HQ
Hattiesburg, US
Founded
1996
Size (employees)
306 (est)
The First Bancshares was founded in 1996 and is headquartered in Hattiesburg, US
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The First Bancshares Office Locations

The First Bancshares has an office in Hattiesburg
Hattiesburg, US (HQ)
6480 U S Highway 98
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The First Bancshares Financials and Metrics

The First Bancshares Financials

The First Bancshares's revenue was reported to be $55.85 m in FY, 2016 which is a 38.9% increase from the previous period.
USD

Revenue (Q1, 2018)

22.2 m

Gross profit (Q1, 2018)

19.8 m

Gross profit margin (Q1, 2018), %

89.3%

EBIT (Q1, 2018)

16.1 m

Market capitalization (22-Jun-2018)

469.1 m

Closing share price (22-Jun-2018)

35.9

Cash (31-Mar-2018)

162.5 m

EV

316.9 m
The First Bancshares's current market capitalization is $469.1 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

31.3 m36.4 m40.2 m55.9 m

Revenue growth, %

16%11%39%

Cost of goods sold

3.2 m4.3 m6.9 m

Gross profit

37 m51.5 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

11.9 m12.1 m13.1 m13.8 m14.4 m19.1 m20.2 m22.2 m

Cost of goods sold

806 k793 k922 k1 m1.2 m1.6 m1.6 m2.4 m

Gross profit

11.1 m11.3 m12.2 m12.8 m13.2 m17.6 m18.6 m19.8 m

Gross profit Margin, %

93%93%93%93%92%92%92%89%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

39.3 m44.6 m41.3 m62.1 m91.9 m

Accounts Receivable

3.3 m3.7 m4 m4.4 m6.7 m

Inventories

PP&E

32.1 m34.8 m33.6 m34.6 m46.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

51.8 m82 m55.4 m50.4 m94.5 m62 m65.2 m96 m54.8 m70.1 m148.5 m92.6 m162.5 m

Accounts Receivable

3.4 m3.4 m3.4 m3.9 m4 m3.6 m3.8 m4.3 m4.1 m4 m5.7 m5.8 m8 m

Inventories

571.1 m590.9 m606.8 m667.5 m716.4 m731 m746.6 m797.8 m824.1 m854.4 m1.1 b1.2 b1.5 b

PP&E

32.6 m31.4 m31.3 m35.1 m33.8 m33.6 m33.6 m33.4 m33.5 m33.4 m45.4 m44.8 m57.4 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

4.6 m6.6 m8.8 m10.1 m10.6 m

Depreciation and Amortization

1.9 m2.2 m2.3 m2.3 m2.9 m

Inventories

Accounts Payable

(153.1 k)(109.2 k)(70.1 k)60.3 k29.8 k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

2.9 m1.2 m2 m1.1 m1.4 m4.2 m6.4 m2.6 m5.3 m7.8 m1.1 m3.5 m4 m

Depreciation and Amortization

1.6 m2.4 m870 k1.7 m2.5 m1.1 m2.3 m1.2 m

Accounts Payable

(61 k)(84 k)(10 k)(2 k)29 k(34 k)(69 k)

Cash From Operating Activities

2.4 m7.4 m1.7 m2.2 m2.6 m3.2 m7.2 m(2.8 m)
USDY, 2018

EV/EBIT

19.7 x

EV/CFO

-115.1 x

Financial Leverage

8.9 x
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The First Bancshares Online and Social Media Presence

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