First Historical Income Statement

FBMS Stock

USD 23.61 0.21 0.88%

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

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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

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.

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		-0.56	0.46	-0.01	-0.01	0.1	-0.99	-0.98	0.61	-0.88	-0.31	-0.23	-0.3	0.53	-0.24	0.48	-0.27	-0.36	-0.36	-0.09	-0.25	0.48	-0.48
Interest Expense	-0.56		0.41	0.75	0.75	0.68	0.62	0.62	-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	0.46	0.41		0.88	0.88	0.93	-0.38	-0.37	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	-0.01	0.75	0.88		1.0	0.99	0.09	0.1	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	-0.01	0.75	0.88	1.0		0.99	0.09	0.1	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	0.1	0.68	0.93	0.99	0.99		-0.02	-0.02	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	-0.99	0.62	-0.38	0.09	0.09	-0.02		0.99	-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	-0.98	0.62	-0.37	0.1	0.1	-0.02	0.99		-0.46	0.89	0.41	0.32	0.39	-0.44	0.27	-0.55	0.36	0.44	0.44	0.18	0.33	-0.41	0.4
Ebitda	0.61	-0.02	0.63	0.38	0.38	0.41	-0.55	-0.46		-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	-0.88	0.8	-0.04	0.43	0.43	0.33	0.9	0.89	-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	-0.31	0.88	0.69	0.94	0.94	0.9	0.39	0.41	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	-0.23	0.83	0.75	0.96	0.96	0.93	0.31	0.32	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	-0.3	0.87	0.7	0.95	0.95	0.91	0.37	0.39	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	0.53	0.33	0.99	0.84	0.84	0.89	-0.46	-0.44	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	-0.24	0.64	0.37	0.54	0.54	0.51	0.28	0.27	-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	0.48	-0.82	-0.41	-0.73	-0.73	-0.68	-0.51	-0.55	-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	-0.27	0.86	0.72	0.96	0.96	0.92	0.34	0.36	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	-0.36	0.82	0.6	0.85	0.85	0.8	0.42	0.44	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	-0.36	0.86	0.6	0.86	0.86	0.81	0.42	0.44	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	-0.09	0.81	0.84	0.99	0.99	0.97	0.17	0.18	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	-0.25	0.76	0.39	0.58	0.58	0.54	0.29	0.33	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	0.48	0.34	0.94	0.81	0.81	0.86	-0.42	-0.41	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	-0.48	-0.34	-0.95	-0.82	-0.82	-0.86	0.41	0.4	-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	(63.4M)	(59.9M)	(83.5M)	(85.3M)	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	56.4M	63.1M	81.1M	78.7M	(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

Pair Trading with First Bancshares,

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Bancshares, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Bancshares, will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.63	AX	Axos Financial Fiscal Year End 25th of July 2024	Pair Corr
0.62	PB	Prosperity Bancshares Financial Report 24th of July 2024	Pair Corr

The ability to find closely correlated positions to First Bancshares, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Bancshares, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Bancshares, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The First Bancshares, to buy it.

The correlation of First Bancshares, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Bancshares, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Bancshares, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Bancshares, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for First Stock Analysis

When running First Bancshares,'s price analysis, check to measure First Bancshares,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancshares, is operating at the current time. Most of First Bancshares,'s value examination focuses on studying past and present price action to predict the probability of First Bancshares,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancshares,'s price. Additionally, you may evaluate how the addition of First Bancshares, to your portfolios can decrease your overall portfolio volatility.

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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

First Bancshares, income statement Correlations

First Bancshares, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Bancshares, income statement Accounts

Pair Trading with First Bancshares,

Moving together with First Stock

Additional Tools for First Stock Analysis

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

Operating Income	- 0.99	Depreciation And Amortization
Ebit	- 0.98	Depreciation And Amortization
Non Operating Income Net Other	- 0.95	Selling General Administrative
Non Operating Income Net Other	- 0.94	Total Other Income Expense Net
Total Operating Expenses	- 0.88	Depreciation And Amortization
Cost Of Revenue	- 0.86	Income Before Tax