First Bancshares (FBMS) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

First Bancshares Revenue Highlights

Latest Revenue (Y)

$387.64M

Latest Revenue (Q)

$93.56M

Main Segment (Y)

Commercial/Retail Bank

First Bancshares Revenue by Period

First Bancshares Revenue by Year

Date	Revenue	Change
2023-12-31	$387.64M	9908.73%
2022-12-31	$3.87M	-98.00%
2021-12-31	$193.63M	4.05%
2020-12-31	$186.10M	25.11%
2019-12-31	$148.75M	41.07%
2018-12-31	$105.45M	43.42%
2017-12-31	$73.52M	42.66%
2016-12-31	$51.54M	15.88%
2015-12-31	$44.47M	7.94%
2014-12-31	$41.20M	16.11%
2013-12-31	$35.48M	24.43%
2012-12-31	$28.52M	20.42%
2011-12-31	$23.68M	14.39%
2010-12-31	$20.70M	9.54%
2009-12-31	$18.90M	-8.88%
2008-12-31	$20.74M	-3.29%
2007-12-31	$21.44M	29.01%
2006-12-31	$16.62M	40.49%
2005-12-31	$11.83M	21.00%
2004-12-31	$9.78M	7.68%
2003-12-31	$9.08M	16.03%
2002-12-31	$7.83M	452.57%
2001-12-31	$1.42M	40.44%
2000-12-31	$1.01M	25.44%
1999-12-31	$803.92K	108.99%
1998-12-31	$384.66K	3.25%
1997-12-31	$372.54K	798.25%
1996-12-31	$41.47K	-

First Bancshares generated $387.64M in revenue during NA 2023, up 9908.73% compared to the previous quarter, and up 367.61% compared to the same period a year ago.

First Bancshares Revenue by Quarter

Date	Revenue	Change
2024-09-30	$93.56M	31.87%
2024-06-30	$70.95M	-32.00%
2024-03-31	$104.34M	13.92%
2023-12-31	$91.59M	15.90%
2023-09-30	$79.03M	2.36%
2023-06-30	$77.20M	16.03%
2023-03-31	$66.54M	20.23%
2022-12-31	$55.34M	2.73%
2022-09-30	$53.87M	7.99%
2022-06-30	$49.88M	3.57%
2022-03-31	$48.17M	-2.01%
2021-12-31	$49.15M	-0.93%
2021-09-30	$49.61M	5.85%
2021-06-30	$46.87M	-3.76%
2021-03-31	$48.70M	5.73%
2020-12-31	$46.06M	10.07%
2020-09-30	$41.85M	4.01%
2020-06-30	$40.23M	20.32%
2020-03-31	$33.44M	-16.76%
2019-12-31	$40.17M	9.78%
2019-09-30	$36.59M	-0.30%
2019-06-30	$36.70M	16.27%
2019-03-31	$31.56M	1.51%
2018-12-31	$31.09M	18.08%
2018-09-30	$26.33M	-0.05%
2018-06-30	$26.34M	34.67%
2018-03-31	$19.56M	4.86%
2017-12-31	$18.66M	0.82%
2017-09-30	$18.50M	0.87%
2017-06-30	$18.34M	4.75%
2017-03-31	$17.51M	31.58%
2016-12-31	$13.31M	2.20%
2016-09-30	$13.02M	1.62%
2016-06-30	$12.82M	5.41%
2016-03-31	$12.16M	14.50%
2015-12-31	$10.62M	-5.77%
2015-09-30	$11.27M	1.80%
2015-06-30	$11.07M	3.18%
2015-03-31	$10.73M	-1.81%
2014-12-31	$10.93M	0.46%
2014-09-30	$10.88M	9.83%
2014-06-30	$9.90M	4.29%
2014-03-31	$9.50M	0.62%
2013-12-31	$9.44M	-1.18%
2013-09-30	$9.55M	10.07%
2013-06-30	$8.68M	10.93%
2013-03-31	$7.82M	3.03%
2012-12-31	$7.59M	9.24%
2012-09-30	$6.95M	-0.98%
2012-06-30	$7.02M	0.83%
2012-03-31	$6.96M	-2.74%
2011-12-31	$7.16M	22.96%
2011-09-30	$5.82M	5.07%
2011-06-30	$5.54M	7.22%
2011-03-31	$5.17M	-3.91%
2010-12-31	$5.38M	-1.89%
2010-09-30	$5.48M	7.30%
2010-06-30	$5.11M	7.79%
2010-03-31	$4.74M	-4.39%
2009-12-31	$4.96M	4.19%
2009-09-30	$4.76M	2.30%
2009-06-30	$4.65M	2.45%
2009-03-31	$4.54M	-4.14%
2008-12-31	$4.73M	-10.40%
2008-09-30	$5.28M	0.32%
2008-06-30	$5.27M	-3.43%
2008-03-31	$5.45M	0.80%
2007-12-31	$5.41M	-

First Bancshares generated $93.56M in revenue during Q3 2024, up 31.87% compared to the previous quarter, and up 121.19% compared to the same period a year ago.

First Bancshares Revenue Breakdown

First Bancshares Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Mortgage Banking Division	-	-	-	-	-
Commercial/Retail Bank	$1.62M	$1.57M	$1.35M	-	-
Corporate Segment	-	-	-	-	-
Holding Company	-	-	-	-	-
Financial Service Other	-	-	-	$1.35M	$1.05M
Deposit Account	-	-	-	$7.21M	$7.84M

First Bancshares's latest annual revenue breakdown by segment (product or service), as of Dec 23: Commercial/Retail Bank (100.00%).

Quarterly Revenue by Product

Product/Service	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18
Commercial Retail Bank	$273.00K	$277.00K	$280.00K	$102.00K	$25.00K	$24.00K	$24.00K	-	-	-	-
Deposit Account	-	-	-	-	-	-	-	$1.83M	$1.89M	$1.54M	$1.34M
Financial Service, Other	-	-	-	-	-	-	-	$3.72M	$-9.26M	$3.54M	$4.29M

First Bancshares's latest quarterly revenue breakdown by segment (product or service), as of Dec 20: Commercial Retail Bank (100.00%).

First Bancshares Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18
Commercial Retail Bank	$273.00K	$277.00K	$280.00K	$102.00K	$25.00K	$24.00K	$24.00K	-	-	-	-
Financial Service, Other	-	-	-	-	-	-	-	$3.72M	$-9.26M	$3.54M	$4.29M
Deposit Account	-	-	-	-	-	-	-	$1.83M	$1.89M	$1.54M	$1.34M

First Bancshares's latest quarterly revenue breakdown by geography, as of Dec 20: Commercial Retail Bank (100.00%).

First Bancshares Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FBMS	First Bancshares	$387.64M	$93.56M
HFWA	Heritage Financial	$303.13M	$81.65M
BWFG	Bankwell Financial Group	$193.30M	$46.36M
HTBI	HomeTrust Bancshares	$186.37M	$-145.70M
HBCP	Home Bancorp	$178.87M	$51.02M
FNWB	First Northwest Bancorp	$104.92M	$28.21M
FRAF	Franklin Financial Services	$91.60M	$30.91M
FFNW	First Financial Northwest	$80.93M	$20.09M
CWBC	Community West Bancshares	$61.39M	$27.26M
GSBC	Great Southern Bancorp	$46.29M	$91.36M
AFBI	Affinity Bancshares	$45.17M	$12.87M
HMNF	HMN Financial	$43.48M	$14.79M
LSBK	Lake Shore Bancorp	$36.39M	$9.64M
HFBL	Home Federal Bancorp, Inc. of Louisiana	$33.45M	$8.04M
HVBC	HV Bancorp	$25.74M	$6.58M
OFED	Oconee Federal Financial	$16.61M	$3.21M

FBMS Revenue FAQ

What is First Bancshares’s yearly revenue?

First Bancshares's yearly revenue for 2023 was $387.64M, representing an increase of 9908.73% compared to 2022. The company's yearly revenue for 2022 was $3.87M, representing a decrease of -98.00% compared to 2021. FBMS's yearly revenue for 2021 was $193.63M, representing an increase of 4.05% compared to 2020.

What is First Bancshares’s quarterly revenue?

First Bancshares's quarterly revenue for Q3 2024 was $93.56M, a 31.87% increase from the previous quarter (Q2 2024), and a 18.39% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $70.95M, a -32.00% decrease from the previous quarter (Q1 2024), and a -8.10% decrease year-over-year (Q2 2023). FBMS's quarterly revenue for Q1 2024 was $104.34M, a 13.92% increase from the previous quarter (Q4 2023), and a 56.82% increase year-over-year (Q1 2023).

What is First Bancshares’s revenue growth rate?

First Bancshares's revenue growth rate for the last 3 years (2021-2023) was 100.19%, and for the last 5 years (2019-2023) was 160.59%.

What are First Bancshares’s revenue streams?

First Bancshares's revenue streams in c 23 are Commercial/Retail Bank

What is First Bancshares’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of First Bancshares was Commercial/Retail Bank. This segment made a revenue of $1.62M, representing 100.00% of the company's total revenue.