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The First Bancshares: Q4 Earnings Snapshot

By AP News - Jan 28, 2025, 06:28 PM ET
Last Updated - Jan 28, 2025, 06:28 PM EST
The First Bancshares: Q4 Earnings Snapshot

HATTIESBURG, Miss. (AP) — HATTIESBURG, Miss. (AP) — The First Bancshares Inc. (FBMS) on Tuesday reported net income of $18.3 million in its fourth quarter.

The Hattiesburg, Mississippi-based bank said it had earnings of 58 cents per share. Earnings, adjusted for one-time gains and costs, came to 64 cents per share.

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The bank holding company posted revenue of $105.1 million in the period. Its revenue net of interest expense was $71.6 million, which topped Street forecasts.

For the year, the company reported profit of $77.2 million, or $2.44 per share. Revenue was reported as $284 million.

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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

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