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The First Bancshares: Q1 Earnings Snapshot
By AP News - Apr 26, 2023, 06:09 PM ET
Last Updated - Jun 22, 2023, 03:17 AM EDT
HATTIESBURG, Miss. (AP) — HATTIESBURG, Miss. (AP) — The First Bancshares Inc. (FBMS) on Wednesday reported net income of $16.3 million in its first quarter.
The bank, based in Hattiesburg, Mississippi, said it had earnings of 52 cents per share. Earnings, adjusted for non-recurring costs, were 86 cents per share.
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The bank holding company posted revenue of $93 million in the period. Its revenue net of interest expense was $77.5 million, surpassing Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a FBMS">Zacks stock report on FBMS at https://www.zacks.com/ap/FBMS
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