The First Bancshares: Q4 Earnings Snapshot

In this article:

HATTIESBURG, Miss. (AP) — HATTIESBURG, Miss. (AP) — The First Bancshares Inc. (FBMS) on Wednesday reported net income of $11 million in its fourth quarter.

The Hattiesburg, Mississippi-based bank said it had earnings of 35 cents per share. Earnings, adjusted for non-recurring costs, came to 59 cents per share.

The bank holding company posted revenue of $91.1 million in the period. Its revenue net of interest expense was $60 million, which did not meet Street forecasts.

For the year, the company reported profit of $75.5 million, or $2.39 per share. Revenue was reported as $296 million.

_____

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

Advertisement