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.

Employee Rating

3.0More
TypePublic
HQHattiesburg, US
Founded1996
Size (employees)306 (est)
Websitethefirstbank.com
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 Revenue

The First Bancshares's revenue was reported to be $80.43 m in FY, 2017
USD

Revenue (Q3, 2018)

30.7m

Gross profit (Q3, 2018)

26.7m

Gross profit margin (Q3, 2018), %

87.1%

EBIT (Q3, 2018)

21.3m

Market capitalization (9-Nov-2018)

470.2m

Closing stock price (9-Nov-2018)

36.0

Cash (30-Sep-2018)

122.4m

EV

423.0m
The First Bancshares's current market capitalization is $470.2 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

31.3m36.4m47.8m55.9m80.4m

Revenue growth, %

16%11%39%

Cost of goods sold

3.2m4.3m6.9m

Gross profit

44.6m51.5m73.5m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

11.9m12.1m13.1m13.8m14.4m19.1m20.2m20.4m22.2m30.7m30.7m

Cost of goods sold

806.0k793.0k922.0k1.0m1.2m1.6m1.6m1.8m2.4m3.5m4.0m

Gross profit

11.1m11.3m12.2m12.8m13.2m17.6m18.6m18.6m19.8m27.2m26.7m

Gross profit Margin, %

93%93%93%93%92%92%92%91%89%89%87%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

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

Accounts Receivable

3.3m3.7m4.0m4.4m6.7m

Inventories

PP&E

32.1m34.8m33.6m34.6m46.4m
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

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

Inventories

Accounts Payable

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

Net Income

3.1m1.4m3.0m4.6m1.4m4.2m6.4m2.6m5.3m7.8m1.1m3.5m8.2m4.0m9.2m14.4m

Depreciation and Amortization

1.3m523.0k1.1m1.7m1.6m2.4m870.0k1.7m2.5m1.1m2.3m3.5m1.2m2.1m3.1m

Accounts Payable

(140.0k)(49.0k)(103.0k)(128.0k)(61.0k)(84.0k)(10.0k)(2.0k)29.0k(34.0k)(69.0k)(50.0k)696.0k145.0k

Cash From Operating Activities

16.3m3.5m4.0m8.4m2.4m7.4m1.7m2.2m2.6m3.2m7.2m16.1m(2.8m)11.9m23.0m
USDY, 2018

EV/EBIT

19.9 x

EV/CFO

18.4 x

Debt/Equity

0.3 x

Financial Leverage

8.7 x
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The First Bancshares Online and Social Media Presence

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The First Bancshares Company Life and Culture

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The First Bancshares Frequently Asked Questions

  • When was The First Bancshares founded?

    The First Bancshares was founded in 1996.

  • How many employees does The First Bancshares have?

    The First Bancshares has 306 employees.

  • What is The First Bancshares revenue?

    Latest The First Bancshares annual revenue is $80.4 m.

  • What is The First Bancshares revenue per employee?

    Latest The First Bancshares revenue per employee is $262.9 k.

  • Who are The First Bancshares competitors?

    Competitors of The First Bancshares include Royal Bank of Scotland, ConnectOne Bancorp and Oritani Financial.

  • Where is The First Bancshares headquarters?

    The First Bancshares headquarters is located at 6480 U S Highway 98, Hattiesburg.

  • Where are The First Bancshares offices?

    The First Bancshares has an office in Hattiesburg.

  • How many offices does The First Bancshares have?

    The First Bancshares has 1 office.