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First Bancshares (First Bancshares) Net Margin % : 20.19% (As of Dec. 2023)


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What is First Bancshares Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Bancshares's Net Income for the three months ended in Dec. 2023 was $11.0 Mil. First Bancshares's Revenue for the three months ended in Dec. 2023 was $54.7 Mil. Therefore, First Bancshares's net margin for the quarter that ended in Dec. 2023 was 20.19%.

The historical rank and industry rank for First Bancshares's Net Margin % or its related term are showing as below:

FBMS' s Net Margin % Range Over the Past 10 Years
Min: 14.67   Med: 23.23   Max: 33.79
Current: 26


FBMS's Net Margin % is ranked better than
52.57% of 1457 companies
in the Banks industry
Industry Median: 25.33 vs FBMS: 26.00

First Bancshares Net Margin % Historical Data

The historical data trend for First Bancshares's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Bancshares Net Margin % Chart

First Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.97 28.65 33.79 29.86 26.00

First Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.23 21.17 30.31 30.40 20.19

Competitive Comparison of First Bancshares's Net Margin %

For the Banks - Regional subindustry, First Bancshares's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Bancshares's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Bancshares's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Bancshares's Net Margin % falls into.



First Bancshares Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

First Bancshares's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=75.457/290.174
=26.00 %

First Bancshares's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=11.047/54.714
=20.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Bancshares  (NAS:FBMS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Bancshares Net Margin % Related Terms

Thank you for viewing the detailed overview of First Bancshares's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Bancshares (First Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
6480 U.S. Highway 98 West, Suite A, Hattiesburg, MS, USA, 39402
First Bancshares Inc operates as a bank holding company. It offers various products and services such as deposit, including checking accounts, savings accounts, and time deposits account for individuals, businesses, associations and organizations, and governmental authorities. It also provides commercial and personal loans, including secured and unsecured loans, consumer loans, and loans for business expansion and purchase of equipment and machinery, and residential mortgage loans. The bank renders services like financial and wealth management, online internet banking, voice response telephone inquiry, safe deposit boxes, traveler's checks, and mobile deposit, and others. It operates in the Commercial/Retail Bank, Mortgage Banking, and Holding company segments.
Executives
Valencia M. Williamson director 1175 GROVE PARKWAY, JONESBORO GA 30236
Diana Renee Moore director 106 KIRKWOOD DRIVE, HATTIESBURG MS 39402
Jonathan A Levy director PO BOX 428, BOWLING GREEN OH 43402
Cole M Ray Jr director, officer: PRESIDENT
Andrew D Stetelman director
Thomas Eugene Mitchell director 215 EAST FIRST STREET, BAY MINETTE AL 36507
E Ricky Gibson director
Donna T Rutland officer: Chief Fiancial Officer 33 NICKLAUS TRAIL, PETAL MS 39465
Rodney D Bennett director 3701 JAMESTOWN ROAD, HATTIESBURG MS 39402
J Douglas Seidenburg director
Ted E Parker director
Charles R Lightsey director
David W Bomboy director 17 BRIGHTON COURT, HATTIESBURG MS 39401
Michael W Chancellor director P O BOX 643, LAUREL MS 39441
Thoms David O Jr officer: EVP and Chief Operations Offic 45 OAK CREST DRIVE, LAUREL MS 39440

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