First Bancshares reports Q4 EPS 64c, consensus 65c

Written by Emily J. Thompson, Senior Investment Analyst

FBMS%

Source: Business Insider

Updated: Jan 28 2025

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Source: Business Insider

Financial Performance: The First Bancshares reported a Q4 net interest income of $60.1 million, an increase from $57.7 million the previous year, highlighting strong loan growth and core net interest margin expansion.
Strategic Merger Announcement: CEO M. Ray “Hoppy” Cole emphasized the significance of 2024 as a pivotal year for the company due to the announcement of a merger, which is expected to create new opportunities for stakeholder value.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

First Bancshares reports Q4 EPS 64c, consensus 65c

About the author

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