First Historical Income Statement

FBMS Stock

USD 37.89 4.31 12.84%

Historical analysis of First Bancshares, income statement accounts such as Selling General Administrative of 102.1 M or Total Revenue of 400.5 M can show how well The First Bancshares, performed in making a profits. Evaluating First Bancshares, income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Bancshares,'s future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining First Bancshares, latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Bancshares, is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The First Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About First Income Statement Analysis

First Bancshares, Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Bancshares, shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Bancshares, Income Statement Chart

At this time, First Bancshares,'s Income Tax Expense is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 101.6 M in 2024, despite the fact that EBIT is likely to grow to (7.5 M).

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Net Income Applicable To Common Shares Research Development

Total Revenue

Total revenue comprises all receipts First Bancshares, generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of The First Bancshares, minus its cost of goods sold. It is profit before First Bancshares, operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Bancshares,. It is also known as First Bancshares, overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.

Most accounts from First Bancshares,'s income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Bancshares, current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The First Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

	2021	2022	2023	2024 (projected)
Gross Profit	194.3M	207.3M	381.4M	400.5M
Total Revenue	194.3M	207.3M	381.4M	400.5M

Gross Profit Total Revenue

First Bancshares, income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items	Non Operating Income Net Other
Depreciation And Amortization		0.74	0.73	0.87	0.87	0.84	0.21	-0.73	0.4	0.46	0.88	0.86	0.88	0.67	0.31	-0.6	0.89	0.82	0.84	0.9	0.61	0.65	-0.65
Interest Expense	0.74		0.41	0.75	0.75	0.68	0.62	-0.77	-0.02	0.8	0.88	0.83	0.87	0.33	0.64	-0.82	0.86	0.82	0.86	0.81	0.76	0.34	-0.34
Selling General Administrative	0.73	0.41		0.88	0.88	0.93	-0.38	-0.27	0.63	-0.04	0.69	0.75	0.7	0.99	0.37	-0.41	0.72	0.6	0.6	0.84	0.39	0.94	-0.95
Total Revenue	0.87	0.75	0.88		1.0	0.99	0.09	-0.61	0.38	0.43	0.94	0.96	0.95	0.84	0.54	-0.73	0.96	0.85	0.86	0.99	0.58	0.81	-0.82
Gross Profit	0.87	0.75	0.88	1.0		0.99	0.09	-0.61	0.38	0.43	0.94	0.96	0.95	0.84	0.54	-0.73	0.96	0.85	0.86	0.99	0.58	0.81	-0.82
Other Operating Expenses	0.84	0.68	0.93	0.99	0.99		-0.02	-0.55	0.41	0.33	0.9	0.93	0.91	0.89	0.51	-0.68	0.92	0.8	0.81	0.97	0.54	0.86	-0.86
Operating Income	0.21	0.62	-0.38	0.09	0.09	-0.02		-0.63	-0.55	0.9	0.39	0.31	0.37	-0.46	0.28	-0.51	0.34	0.42	0.42	0.17	0.29	-0.42	0.41
Ebit	-0.73	-0.77	-0.27	-0.61	-0.61	-0.55	-0.63		0.34	-0.78	-0.72	-0.7	-0.72	-0.17	-0.34	0.58	-0.71	-0.72	-0.74	-0.66	-0.43	-0.23	0.22
Ebitda	0.4	-0.02	0.63	0.38	0.38	0.41	-0.55	0.34		-0.41	0.23	0.24	0.23	0.67	-0.03	-0.05	0.26	0.17	0.17	0.35	0.26	0.58	-0.58
Total Operating Expenses	0.46	0.8	-0.04	0.43	0.43	0.33	0.9	-0.78	-0.41		0.66	0.6	0.65	-0.12	0.5	-0.72	0.62	0.7	0.72	0.48	0.49	-0.04	0.13
Net Income	0.88	0.88	0.69	0.94	0.94	0.9	0.39	-0.72	0.23	0.66		0.98	1.0	0.64	0.57	-0.86	1.0	0.92	0.93	0.97	0.66	0.62	-0.62
Income Tax Expense	0.86	0.83	0.75	0.96	0.96	0.93	0.31	-0.7	0.24	0.6	0.98		0.99	0.69	0.6	-0.83	0.98	0.92	0.9	0.97	0.56	0.67	-0.68
Income Before Tax	0.88	0.87	0.7	0.95	0.95	0.91	0.37	-0.72	0.23	0.65	1.0	0.99		0.65	0.57	-0.86	1.0	0.93	0.93	0.97	0.64	0.63	-0.64
Total Other Income Expense Net	0.67	0.33	0.99	0.84	0.84	0.89	-0.46	-0.17	0.67	-0.12	0.64	0.69	0.65		0.32	-0.41	0.68	0.54	0.54	0.79	0.38	0.94	-0.94
Selling And Marketing Expenses	0.31	0.64	0.37	0.54	0.54	0.51	0.28	-0.34	-0.03	0.5	0.57	0.6	0.57	0.32		-0.61	0.56	0.67	0.63	0.52	0.4	0.46	-0.19
Cost Of Revenue	-0.6	-0.82	-0.41	-0.73	-0.73	-0.68	-0.51	0.58	-0.05	-0.72	-0.86	-0.83	-0.86	-0.41	-0.61		-0.85	-0.82	-0.81	-0.77	-0.64	-0.38	0.36
Net Income From Continuing Ops	0.89	0.86	0.72	0.96	0.96	0.92	0.34	-0.71	0.26	0.62	1.0	0.98	1.0	0.68	0.56	-0.85		0.92	0.93	0.98	0.65	0.65	-0.66
Tax Provision	0.82	0.82	0.6	0.85	0.85	0.8	0.42	-0.72	0.17	0.7	0.92	0.92	0.93	0.54	0.67	-0.82	0.92		0.97	0.88	0.54	0.63	-0.43
Net Interest Income	0.84	0.86	0.6	0.86	0.86	0.81	0.42	-0.74	0.17	0.72	0.93	0.9	0.93	0.54	0.63	-0.81	0.93	0.97		0.9	0.68	0.64	-0.43
Interest Income	0.9	0.81	0.84	0.99	0.99	0.97	0.17	-0.66	0.35	0.48	0.97	0.97	0.97	0.79	0.52	-0.77	0.98	0.88	0.9		0.65	0.76	-0.77
Reconciled Depreciation	0.61	0.76	0.39	0.58	0.58	0.54	0.29	-0.43	0.26	0.49	0.66	0.56	0.64	0.38	0.4	-0.64	0.65	0.54	0.68	0.65		0.36	-0.32
Extraordinary Items	0.65	0.34	0.94	0.81	0.81	0.86	-0.42	-0.23	0.58	-0.04	0.62	0.67	0.63	0.94	0.46	-0.38	0.65	0.63	0.64	0.76	0.36		-0.8
Non Operating Income Net Other	-0.65	-0.34	-0.95	-0.82	-0.82	-0.86	0.41	0.22	-0.58	0.13	-0.62	-0.68	-0.64	-0.94	-0.19	0.36	-0.66	-0.43	-0.43	-0.77	-0.32	-0.8

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First Bancshares, Account Relationship Matchups

First Bancshares, income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	9.2M	9.8M	10.8M	17.4M	18.3M
Interest Expense	26.7M	26.7M	19.7M	22.6M	20.2M	21.3M
Selling General Administrative	7.0M	8.0M	8.3M	8.6M	97.3M	102.1M
Total Revenue	145.0M	161.6M	194.3M	207.3M	381.4M	400.5M
Gross Profit	145.0M	161.6M	194.3M	207.3M	381.4M	400.5M
Other Operating Expenses	88.6M	98.5M	113.3M	128.6M	281.8M	295.8M
Operating Income	63.4M	59.9M	83.5M	85.3M	(7.9M)	(7.5M)
Ebit	(7.1M)	(6.0M)	(12.2M)	(17.4M)	(7.9M)	(7.5M)
Ebitda	(6.9M)	3.2M	(2.4M)	(6.6M)	9.6M	10.0M
Total Operating Expenses	88.6M	98.5M	113.3M	128.6M	60.9M	31.1M
Net Income	43.7M	52.5M	64.2M	62.9M	75.5M	79.2M
Income Tax Expense	12.7M	10.6M	16.9M	15.8M	21.3M	22.4M
Income Before Tax	56.4M	63.1M	81.1M	78.7M	96.8M	101.6M
Total Other Income Expense Net	(6.9M)	3.2M	(2.4M)	(6.6M)	96.8M	101.6M
Selling And Marketing Expenses	859K	512K	615K	393K	833K	447.4K
Net Income Applicable To Common Shares	43.7M	52.5M	64.2M	62.9M	72.4M	76.0M
Net Income From Continuing Ops	43.7M	52.5M	64.2M	62.9M	80.7M	84.7M
Tax Provision	12.7M	10.6M	16.9M	15.8M	22.1M	12.0M
Net Interest Income	121.8M	152.7M	157.1M	177.8M	239.6M	130.8M
Interest Income	148.5M	179.3M	176.7M	200.4M	310.1M	325.7M
Reconciled Depreciation	5.3M	12.4M	4.1M	4.7M	7.2M	6.4M

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First Historical Income Statement

About First Income Statement Analysis

First Bancshares, Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Net Income Applicable To Common Shares

First Bancshares, income statement Correlations

First Bancshares, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Bancshares, income statement Accounts

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COMMON DESTINATIONS

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Gross Profit	+ 1.0	Total Revenue
Income Before Tax	+ 1.0	Net Income
Net Income From Continuing Ops	+ 1.0	Net Income
Net Income From Continuing Ops	+ 1.0	Income Before Tax
Total Other Income Expense Net	+ 0.99	Selling General Administrative
Other Operating Expenses	+ 0.99	Total Revenue

Non Operating Income Net Other	- 0.95	Selling General Administrative
Non Operating Income Net Other	- 0.94	Total Other Income Expense Net
Cost Of Revenue	- 0.86	Income Before Tax
Cost Of Revenue	- 0.86	Net Income
Non Operating Income Net Other	- 0.86	Other Operating Expenses
Net Income From Continuing Ops	- 0.85	Cost Of Revenue