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First Bancshares Inc Miss - FBMS STOCK NEWS

Welcome to our dedicated news page for First Bancshares Miss (Ticker: FBMS), a resource for investors and traders seeking the latest updates and insights on First Bancshares Miss.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Bancshares Miss's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Bancshares Miss's position in the market.

Rhea-AI Summary
The First Bancshares, Inc. (FBMS) will announce its 2024 first quarter results on April 24, 2024, followed by a quarterly conference call on April 25, 2024. The webcast will be accessible on their website and archived for later viewing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
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none
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Rhea-AI Summary
The First Bancshares, Inc. (NASDAQ: FBMS) announces a new share repurchase program for 2024, allowing for up to $50 million in common stock buybacks. Management will decide the timing, method, and price based on various factors, with an expiration date of December 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
buyback
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Rhea-AI Summary
The First Bancshares, Inc. (NASDAQ: FBMS) will participate in the Janney CEO Forum from January 31, 2024, to February 1, 2024, at the Hyatt Regency Resort & Spa at Gainey Ranch, Scottsdale, Arizona. The company will have one-on-one meetings with bank stock analysts and investors. The presentation for these meetings is available on the company's website. The First Bancshares, Inc. is the parent company of The First Bank, with operations in Mississippi, Louisiana, Alabama, Florida, and Georgia. The company's stock is traded on NASDAQ under the symbol FBMS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.82%
Tags
conferences
Rhea-AI Summary
The First Bancshares, Inc. reported a decrease in net income available to common shareholders by 54.7% for the quarter ended December 31, 2023, compared to the previous quarter. The company also experienced a decrease in core net interest margin and an increase in nonperforming assets. However, for the year-over-year comparison, net income available to common shareholders increased by 19.9%, and total loans increased by 6.3%. The company's President and CEO emphasized strong results for the full year of 2023, despite margin compression and other challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.69%
Tags
dividends earnings
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Rhea-AI Summary
First Bancshares, Inc. (FBMS) has repositioned a portion of its securities portfolio, resulting in a pre-tax loss of $9.7 million. The company reinvested the proceeds and used a portion to repay borrowings from the Federal Reserve Bank. This repositioning is expected to increase net interest margin, net interest income, and earnings per share. The company will announce its fourth-quarter 2023 earnings on January 24, 2024, and hold a conference call on January 25, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
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-
Rhea-AI Summary
The First Bancshares, Inc. reports financial results for Q3 2023, with net income of $24.4 million, representing a 2.4% increase from the previous quarter. Total loans increased by $78.9 million, or 6.3% on an annualized basis. Net interest margin decreased to 3.47% due to reduced accretion income and increased deposit costs. The company received a $6.2 million award from the U.S. Treasury Equitable Recovery Program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.64%
Tags
dividends earnings
Rhea-AI Summary
The First Bancshares, Inc. to announce 2023 Q3 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
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none
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Rhea-AI Summary
The First Bancshares, Inc. (NASDAQ: FBMS) will participate in the 2023 KBW Community Bank Investor Conference from August 7 to August 9, 2023, at the Hilton Midtown, New York. The company will have one-on-one meetings with bank stock analysts and investors. The presentation for these meetings is available on the company's website under Investor Relations. The First Bancshares, Inc. is the parent company of The First Bank, with operations in Mississippi, Louisiana, Alabama, Florida, and Georgia. The stock is traded on NASDAQ Global Market under the symbol FBMS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
conferences
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Rhea-AI Summary
The First Bancshares, Inc. reported financial results for Q2 2023. Net income available to common shareholders increased by 46.1% compared to Q1 2023. Total loans increased by $41.1 million, representing net growth of 3.3% on an annualized basis. Net interest margin increased to 3.76% from 3.63%. Cost of deposits averaged 91 bps for Q2. The company added commercial banking teams in St. Petersburg, FL, and New Orleans, LA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
dividends earnings
Rhea-AI Impact
Rhea-AI Sentiment
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conferences
First Bancshares Inc Miss

Nasdaq:FBMS

FBMS Rankings

FBMS Stock Data

731.44M
28.28M
9.39%
64.74%
1.09%
Commercial Banking
Finance and Insurance
Link
US
Hattiesburg

About FBMS

the first, a national banking association ("the first") is owned by the holding company, the first bancshares, inc. incorporated on june 23, 1995, the holding company is located in hattiesburg, mississippi. the first began operating on august 5, 1996 from its home office in the oak grove community in hattiesburg. the first has aggressively expanded since its beginning with the acquisition of first national bank of wiggins in 2006, the acquisition of eight whitney bank branches in 2011, the de novo expansion into ocean springs in 2013, the acquisition of first national bank of baldwin county in 2013 and the most recent acquisition of bay bank in mobile, alabama in 2014. the bank currently has 30 offices in south mississippi, louisiana, and south alabama.