First Bancshares /MO/'s Total Assets for the quarter that ended in Sep. 2024 was $517.65 Mil.
Warning Sign:
If a company builds assets at 14% a year, faster than its revenue growth rate of 11.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, First Bancshares /MO/'s average Total Assets Growth Rate was -0.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 14.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.20% per year.
During the past 13 years, First Bancshares /MO/'s highest 3-Year average Total Assets Growth Rate was 20.80%. The lowest was -7.80%. And the median was 7.40%.
First Bancshares /MO/ Total Assets Historical Data
The historical data trend for First Bancshares /MO/'s Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
First Bancshares /MO/'s Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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 /MO/ (OTCPK:FBSI) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
First Bancshares /MO/'s Asset Turnover for the quarter that ended in Sep. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
First Bancshares /MO/ Total Assets Related Terms
Thank you for viewing the detailed overview of First Bancshares /MO/'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
First Bancshares Inc /MO/ is a holding company. The Stockmens bank offers services such as online banking, personal banking, and business banking. The bank provides community banking services and is engaged in the business of attracting deposits from, and making loans to, the general public, including individuals and businesses. It originates real estate loans, including one-to-four family residential mortgage loans, multi-family residential loans, commercial real estate loans, and commercial business loans, agricultural business and consumer loans. The bank also invests in mortgage-back securities, United States Government and agency securities, and other assets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FBSI has been successfully added to your 