The First Bancshares: Q1 Earnings Snapshot

HATTIESBURG, Miss. (AP) — HATTIESBURG, Miss. (AP) — The First Bancshares Inc. (FBMS) on Wednesday reported net income of $16.3 million in its first...

May 4, 2023
7:46 AM

HATTIESBURG, Miss. (AP) — HATTIESBURG, Miss. (AP) — The First Bancshares Inc. (FBMS) on Wednesday reported net income of $16.3 million in its first quarter. The bank, based in Hattiesburg, Mississippi, said it had earnings of 52 cents per share. Earnings, adjusted for non-recurring costs, were 86 cents per share. The bank holding company posted revenue of $93 million in the period. Its revenue net of interest expense was $77.5 million, surpassing Street forecasts. This story was generated by Automated Insights ( http://automatedinsights.