First Historical Income Statement
| FBMS Stock | USD 24.77 0.29 1.18% |
Historical analysis of First Bancshares income statement accounts such as Selling General Administrative of 102.1 M or Total Revenue of 400.5 M can show how well The First Bancshares performed in making a profits. Evaluating First Bancshares income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Bancshares's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining First Bancshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Bancshares is a good buy for the upcoming year.
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About First Income Statement Analysis
First Bancshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Bancshares shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
First Bancshares Income Statement Chart
The First Bancshares Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Bancshares revenue and expense. First Bancshares Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, First Bancshares' Income Tax Expense is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 101.6 M in 2024, despite the fact that EBIT is likely to grow to (7.5 M). Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts First Bancshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of The First Bancshares minus its cost of goods sold. It is profit before First Bancshares operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Bancshares. It is also known as First Bancshares overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from First Bancshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Bancshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The First Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy First Stock please use our How to Invest in First Bancshares guide.At this time, First Bancshares' Income Tax Expense is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 101.6 M in 2024, despite the fact that EBIT is likely to grow to (7.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 194.3M | 207.3M | 381.4M | 400.5M | Total Revenue | 194.3M | 207.3M | 381.4M | 400.5M |
First Bancshares income statement Correlations
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First Bancshares Account Relationship Matchups
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First Bancshares income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | (63.4M) | (59.9M) | (83.5M) | (85.3M) | 17.4M | 18.3M | |
| Interest Expense | 26.7M | 26.7M | 19.7M | 22.6M | 20.2M | 21.3M | |
| Selling General Administrative | 7.0M | 8.0M | 8.3M | 8.6M | 97.3M | 102.1M | |
| Total Revenue | 145.0M | 161.6M | 194.3M | 207.3M | 381.4M | 400.5M | |
| Gross Profit | 145.0M | 161.6M | 194.3M | 207.3M | 381.4M | 400.5M | |
| Other Operating Expenses | 88.6M | 98.5M | 113.3M | 128.6M | 281.8M | 295.8M | |
| Operating Income | 63.4M | 59.9M | 83.5M | 85.3M | (7.9M) | (7.5M) | |
| Ebit | 56.4M | 63.1M | 81.1M | 78.7M | (7.9M) | (7.5M) | |
| Ebitda | (6.9M) | 3.2M | (2.4M) | (6.6M) | 9.6M | 10.0M | |
| Total Operating Expenses | 88.6M | 98.5M | 113.3M | 128.6M | 60.9M | 31.1M | |
| Net Income | 43.7M | 52.5M | 64.2M | 62.9M | 75.5M | 79.2M | |
| Income Tax Expense | 12.7M | 10.6M | 16.9M | 15.8M | 21.3M | 22.4M | |
| Income Before Tax | 56.4M | 63.1M | 81.1M | 78.7M | 96.8M | 101.6M | |
| Total Other Income Expense Net | (6.9M) | 3.2M | (2.4M) | (6.6M) | 96.8M | 101.6M | |
| Selling And Marketing Expenses | 859K | 512K | 615K | 393K | 833K | 447.4K | |
| Net Income Applicable To Common Shares | 43.7M | 52.5M | 64.2M | 62.9M | 72.4M | 76.0M | |
| Net Income From Continuing Ops | 43.7M | 52.5M | 64.2M | 62.9M | 80.7M | 84.7M | |
| Tax Provision | 12.7M | 10.6M | 16.9M | 15.8M | 22.1M | 12.0M | |
| Net Interest Income | 121.8M | 152.7M | 157.1M | 177.8M | 239.6M | 130.8M | |
| Interest Income | 148.5M | 179.3M | 176.7M | 200.4M | 310.1M | 325.7M | |
| Reconciled Depreciation | 5.3M | 12.4M | 4.1M | 4.7M | 7.2M | 6.4M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Bancshares' short interest history, or implied volatility extrapolated from First Bancshares options trading.
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When running First Bancshares' price analysis, check to measure First Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancshares is operating at the current time. Most of First Bancshares' value examination focuses on studying past and present price action to predict the probability of First Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancshares' price. Additionally, you may evaluate how the addition of First Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is First Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancshares. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.251 | Dividend Share 0.97 | Earnings Share 2.52 | Revenue Per Share 9.072 | Quarterly Revenue Growth 0.052 |
The market value of First Bancshares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancshares' value that differs from its market value or its book value, called intrinsic value, which is First Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bancshares' market value can be influenced by many factors that don't directly affect First Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.