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HATTIESBURG, Miss. (AP) _ The First Bancshares Inc. (FBMS) on Monday reported fourth-quarter profit of $6.9 million.
The bank, based in Hattiesburg, Mississippi, said it had earnings of 48 cents per share. Earnings, adjusted for pretax expenses, came to 64 cents per share.
The bank holding company posted revenue of $37 million in the period. Its revenue net of interest expense was $31.7 million, beating Street forecasts.
For the year, the company reported profit of $21.2 million, or $1.62 per share. Revenue was reported as $105.4 million.
The First Bancshares shares have increased roughly 4 percent since the beginning of the year. The stock has decreased slightly more than 4 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBMS at https://www.zacks.com/ap/FBMS