Welcome to our dedicated page for First Bancshares Mo news (Ticker: FBSI), a resource for investors and traders seeking the latest updates and insights on First Bancshares Mo stock.
First Bancshares, Inc. (FBSI) news centers on the operating performance of its wholly owned subsidiary, Stockmens Bank, an FDIC-insured commercial bank chartered by the State of Colorado. Company releases provide recurring updates on quarterly and annual results, capital levels, and the balance sheet of the consolidated organization, which includes operations from Colorado Springs, Colorado and a network of full-service branches in Missouri, Nebraska and Colorado.
Investors following FBSI news will find detailed discussions of net income, net interest income, non-interest expenses, return on assets, return on equity, net interest margin, efficiency ratio, and capital and liquidity measures. The company also reports trends in consolidated total assets, cash and cash equivalents, net loans receivable, total deposits, and stockholders’ equity, giving readers insight into how the bank deploys excess liquidity into loan assets and manages its funding base through core deposits.
Another recurring theme in First Bancshares, Inc. news is regulatory capital status. The company repeatedly notes that Stockmens Bank meets all regulatory requirements for “well-capitalized” status and discusses tier 1 capital, total capital, liquidity ratios, and leverage ratios. News items may also cover annual cash dividend declarations on FBSI common stock, with details on dividend amounts and key dates.
Each release includes a cautionary note regarding forward-looking statements, outlining factors such as economic conditions, interest rate policies, regulatory changes, and consumer behavior that can affect future performance. For readers tracking FBSI, this news page offers a consolidated view of the company’s reported financial results, capital position, and shareholder distributions over time.
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First Bancshares, Inc. (OTCQX: FBSI) reported a strong financial performance for the quarter ending March 31, 2023, achieving a net income of $1,787,000, equating to $0.73 per share-diluted, up from $1,020,000 or $0.42 per share in 2022. Key metrics include a $1,087,000 rise in net interest income after provisions for loan losses and a 6.06% increase in total assets to $500.17 million. Total deposits grew by 3.33% to $434.65 million, while net loans rose 2.37% to $414.79 million. Despite facing challenges like wage inflation and market competition, the company improved its net interest margin and efficiency ratio. The Bank maintains a “well-capitalized” status according to regulatory standards.
First Bancshares (OTCQX: FBSI) declared an annual cash dividend of $0.30 per share on March 10, 2023. This dividend is payable on April 15, 2023, to shareholders of record by the close of business on April 1, 2023. The company operates Stockmens Bank, with its headquarters in Colorado Springs and additional offices in Missouri and Nebraska, providing essential financial services.
First Bancshares, Inc. (FBSI) reported its financial results for Q4 and FY 2022, with a net income of $1,195,000 ($0.49 per share) for the quarter, down from $1,378,000 ($0.54 per share) in Q4 2021. However, the year-to-date net income increased to $5,283,000 ($2.16 per share) from $5,093,000 ($1.96 per share) in 2021. Key metrics include a 5.96% rise in total assets to $471.58 million and an 18.90% increase in net loans to $405.19 million. Non-interest expenses surged by $1,118,000, driven by inflationary pressures. Despite challenges, the company maintains a well-capitalized status, with total capital at $47.59 million, 10.09% of total assets.
First Bancshares, Inc. (FBSI) reported financial results for Q3 2022, revealing a net income of $1,667,000, or $0.68 per share-diluted, up from $1,335,000 or $0.52 per share-diluted in Q3 2021. Year-to-date net income rose to $4,088,000, compared to $3,715,000 last year. Key performance indicators show a 15.49% increase in net loans, totaling $393.54 million, and a 6.08% rise in total deposits to $420.64 million. However, non-interest expenses increased, attributed to new branches and competitive personnel costs. Consolidated total assets reached $473.75 million.
First Bancshares, Inc. (FBSI) reported a net income of $1,401,000 for Q2 2022, or $0.57 per share-diluted, showing a year-over-year increase from $1,147,000 ($0.44 per share-diluted) in Q2 2021. Year-to-date net income totaled $2,421,000, compared to $2,381,000 in 2021. Net interest income rose by $617,000, while non-interest expenses increased by $372,000 due to new branches and market competition. Total assets reached $460.28 million, with net loans up 11.21% to $378.97 million. The company maintains a solid capital ratio of 9.80%. Market volatility has led to unrealized losses in securities.
First Bancshares, Inc. (FBSI) reported a net income of $1,020,000 for Q1 2022, down from $1,234,000 in Q1 2021. Earnings per share decreased to $0.39 from $0.47. Key metrics showed a 5.31% rise in net loans to $358.87 million and total assets increased to $457.94 million. However, total non-interest expenses rose by $273,000 due to employee salary increases related to a new branch. Despite regulatory compliance, capital decreased slightly to 9.58% of assets, influenced by cash dividends and market losses.
First Bancshares, Inc. (FBSI) declared an annual cash dividend of $0.30 per share on its common stock. The dividend will be payable on April 1, 2022, to shareholders of record as of March 15, 2022. This announcement demonstrates the company’s commitment to providing returns to its shareholders. First Bancshares operates Stockmens Bank, which offers full-service operations in Colorado and Missouri, highlighting its geographic reach and service capacity.
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