HATTIESBURG, Miss. (AP) _ The First Bancshares Inc. (FBMS) on Monday reported third-quarter earnings of $12.3 million.
The bank, based in Hattiesburg, Mississippi, said it had earnings of 71 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 74 cents per share.
The bank holding company posted revenue of $44.3 million in the period. Its revenue net of interest expense was $37.6 million, beating Street forecasts.
The First Bancshares shares have increased almost 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $32.25, a drop of 12% in the last 12 months.