First Bancshares (First Bancshares) Scaled Net Operating Assets : -0.03 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is First Bancshares Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Bancshares's operating assets for the quarter that ended in Mar. 2024 was $6,535.2 Mil. First Bancshares's operating liabilities for the quarter that ended in Mar. 2024 was $6,761.9 Mil. First Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $7,999.3 Mil. Therefore, First Bancshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.03.

First Bancshares Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Bancshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(7644.198	-	6910.347)	/	6461.717
=	0.11

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	7999.345	-	355.147
=	7644.198

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7050.311	-	131.675	-	8.289
=	6910.347

First Bancshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(6535.227	-	6761.899)	/	7999.345
=	-0.03

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	7963.759	-	1428.532
=	6535.227

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7003.847	-	241.948	-	0
=	6761.899

* 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 Scaled Net Operating Assets Related Terms

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

First Bancshares (First Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bancshares Inc (NAS:FBMS) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6480 U.S. Highway 98 West, Suite A, Hattiesburg, MS, USA, 39402

Website

https://www.thefirstbank.com

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