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Upturn AI SWOT - About
FBMS 
The First Bancshares, Inc. (FBMS)
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Upturn Advisory Summary
03/25/2025: FBMS (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 2.81% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/25/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.06B USD | Price to earnings Ratio 13.86 | 1Y Target Price 40 |
Price to earnings Ratio 13.86 | 1Y Target Price 40 | ||
Volume (30-day avg) 144430 | Beta 0.91 | 52 Weeks Range 22.25 - 38.95 | Updated Date 03/31/2025 |
52 Weeks Range 22.25 - 38.95 | Updated Date 03/31/2025 | ||
Dividends yield (FY) 2.96% | Basic EPS (TTM) 2.44 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 27.61% | Operating Margin (TTM) 51.32% |
Management Effectiveness
Return on Assets (TTM) 0.96% | Return on Equity (TTM) 7.9% |
Valuation
Trailing PE 13.86 | Forward PE 12.53 | Enterprise Value 1178401920 | Price to Sales(TTM) 3.78 |
Enterprise Value 1178401920 | Price to Sales(TTM) 3.78 | ||
Enterprise Value to Revenue 5.03 | Enterprise Value to EBITDA - | Shares Outstanding 31238200 | Shares Floating 29295156 |
Shares Outstanding 31238200 | Shares Floating 29295156 | ||
Percent Insiders 6.3 | Percent Institutions 74.75 |
Analyst Ratings
Rating 3.75 | Target Price 37.5 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
The First Bancshares, Inc.
Company Overview
History and Background
The First Bancshares, Inc. was founded in 1996 and is headquartered in Hattiesburg, Mississippi. The company has grown through organic expansion and strategic acquisitions, focusing on community banking in the Southeastern United States.
Core Business Areas
- Commercial Banking: Provides a range of commercial lending products and services, including commercial real estate loans, business loans, and lines of credit.
- Retail Banking: Offers deposit accounts, consumer loans, mortgage loans, and other retail banking services to individuals and families.
- Wealth Management: Provides wealth management and trust services to individuals, families, and businesses.
Leadership and Structure
M. Ray Coleburn is the Chairman, President, and CEO. The company operates with a traditional hierarchical structure, with regional presidents and department heads reporting to the CEO.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Provides financing for commercial properties. Market share data is difficult to ascertain precisely for a bank of this size but operates in a highly competitive market. Competitors include larger regional and national banks as well as credit unions.
- Mortgage Loans: Offers various mortgage products to individuals. Competitors include national mortgage lenders and other regional banks. Market share data is difficult to ascertain precisely.
- Deposit Accounts: Includes checking, savings, and money market accounts. Competitors include regional and national banks and credit unions. Market share data is difficult to ascertain precisely.
Market Dynamics
Industry Overview
The banking industry is currently navigating a period of rising interest rates, increased regulatory scrutiny, and evolving customer expectations regarding digital banking services.
Positioning
The First Bancshares, Inc. positions itself as a community-focused bank that provides personalized service and local expertise, which helps it compete with larger institutions.
Total Addressable Market (TAM)
The TAM for community banking in the Southeastern US is estimated to be in the billions of dollars. The First Bancshares, Inc. aims to capture a growing share of this market through strategic expansion and strong customer relationships.
Upturn SWOT Analysis
Strengths
- Strong community relationships
- Experienced management team
- Solid asset quality
- Proven track record of acquisitions
Weaknesses
- Limited geographic footprint compared to larger banks
- Reliance on traditional banking services
- Vulnerability to economic downturns in its operating region
Opportunities
- Expansion into new markets within the Southeast
- Increased adoption of digital banking technologies
- Acquisition of smaller community banks
- Growth in wealth management services
Threats
- Increased competition from larger regional and national banks
- Rising interest rates
- Regulatory changes
- Economic downturns
Competitors and Market Share
Key Competitors
- Trustmark Corp (TRMK)
- Cadence Bank (CADE)
- Hancock Whitney Corp (HWC)
Competitive Landscape
The First Bancshares, Inc. competes with larger regional banks and smaller community banks. Its competitive advantage lies in its personalized service and local expertise.
Major Acquisitions
Heritage First Bancorp
- Year: 2022
- Acquisition Price (USD millions): 112
- Strategic Rationale: Expanded market presence in Alabama and strengthened overall franchise value.
Growth Trajectory and Initiatives
Historical Growth: The First Bancshares, Inc. has demonstrated consistent growth through organic expansion and acquisitions.
Future Projections: Analyst estimates suggest continued growth for The First Bancshares, Inc., driven by strategic initiatives and favorable market conditions.
Recent Initiatives: Recent initiatives include expanding its digital banking capabilities and pursuing strategic acquisitions.
Summary
The First Bancshares, Inc. is a community-focused bank with a strong presence in the Southeastern United States. It has grown through strategic acquisitions and organic expansion. The bank's strengths lie in its community relationships and experienced management team. However, it faces challenges from increased competition and economic uncertainties. Expanding digital capabilities and targeting growth markets will be critical for sustained success.
Similar Companies
- TRMK
- CADE
- HWC
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Third-party financial data providers
Disclaimers:
This analysis is based on publicly available information and should not be considered investment advice. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About The First Bancshares, Inc.
Exchange NASDAQ | Headquaters Hattiesburg, MS, United States | ||
IPO Launch date 2003-01-02 | CEO - | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 1051 | Website https://www.thefirstbank.com |
Full time employees 1051 | Website https://www.thefirstbank.com | ||
The First Bancshares, Inc. operates as the bank holding company for The First Bank that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW accounts, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts. The company also provides commercial loans comprising secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; consumer loans consisting of equity lines of credit, as well as secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and real estate construction and acquisition loans. In addition, it originates loans to purchase existing residential homes, construct new homes, and to refinance existing mortgages; and provides financial and wealth management services. Further, the company provides online internet banking services, automated teller machines, voice response telephone inquiry services, commercial sweep accounts, cash management services, safe deposit boxes, merchant services, mobile deposits, direct deposit of payroll and social security checks, automatic drafts for various accounts, and credit card services. It serves small to medium-sized businesses, professional concerns, individuals, associations, organizations, and governmental authorities. The company operates full-service banking and financial service offices, motor bank facility, and loan production offices in Mississippi, Alabama, Florida, Georgia, and Louisiana. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi.
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