First Bancshares (FBMS) Revenue & Revenue Breakdown

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First Bancshares Revenue Highlights

Latest Revenue (Y)

$46.39M

Latest Revenue (Q)

$93.56M

Main Segment (Y)

Commercial/Retail Bank

First Bancshares Revenue by Period

First Bancshares Revenue by Year

Date	Revenue	Change
2024-12-31	$46.39M	-84.01%
2023-12-31	$290.17M	40.00%
2022-12-31	$207.26M	6.65%
2021-12-31	$194.34M	20.28%
2020-12-31	$161.57M	11.42%
2019-12-31	$145.01M	40.34%
2018-12-31	$103.33M	41.51%
2017-12-31	$73.02M	43.42%
2016-12-31	$50.91M	15.25%
2015-12-31	$44.17M	11.03%
2014-12-31	$39.78M	15.62%
2013-12-31	$34.41M	26.08%
2012-12-31	$27.29M	15.24%
2011-12-31	$23.68M	14.39%
2010-12-31	$20.70M	9.54%
2009-12-31	$18.90M	-8.88%
2008-12-31	$20.74M	-3.29%
2007-12-31	$21.44M	29.01%
2006-12-31	$16.62M	40.49%
2005-12-31	$11.83M	21.00%
2004-12-31	$9.78M	7.68%
2003-12-31	$9.08M	16.03%
2002-12-31	$7.83M	452.57%
2001-12-31	$1.42M	40.44%
2000-12-31	$1.01M	25.44%
1999-12-31	$803.92K	108.99%
1998-12-31	$384.66K	3.25%
1997-12-31	$372.54K	798.25%
1996-12-31	$41.47K	-

First Bancshares generated $46.39M in revenue during NA 2024, up -84.01% compared to the previous quarter, and up 31.99% compared to the same period a year ago.

First Bancshares Revenue by Quarter

Date	Revenue	Change
2024-09-30	$93.56M	31.87%
2024-06-30	$70.95M	-32.00%
2024-03-31	$104.34M	13.92%
2023-12-31	$91.59M	15.90%
2023-09-30	$79.03M	2.36%
2023-06-30	$77.20M	16.03%
2023-03-31	$66.54M	20.23%
2022-12-31	$55.34M	2.73%
2022-09-30	$53.87M	7.99%
2022-06-30	$49.88M	3.57%
2022-03-31	$48.17M	-2.01%
2021-12-31	$49.15M	-0.93%
2021-09-30	$49.61M	5.85%
2021-06-30	$46.87M	-3.76%
2021-03-31	$48.70M	5.73%
2020-12-31	$46.06M	10.07%
2020-09-30	$41.85M	4.01%
2020-06-30	$40.23M	20.32%
2020-03-31	$33.44M	-16.76%
2019-12-31	$40.17M	9.78%
2019-09-30	$36.59M	-0.30%
2019-06-30	$36.70M	16.27%
2019-03-31	$31.56M	1.51%
2018-12-31	$31.09M	18.08%
2018-09-30	$26.33M	-0.05%
2018-06-30	$26.34M	34.67%
2018-03-31	$19.56M	4.86%
2017-12-31	$18.66M	0.82%
2017-09-30	$18.50M	0.87%
2017-06-30	$18.34M	4.75%
2017-03-31	$17.51M	31.58%
2016-12-31	$13.31M	2.20%
2016-09-30	$13.02M	1.62%
2016-06-30	$12.82M	5.41%
2016-03-31	$12.16M	14.50%
2015-12-31	$10.62M	-5.77%
2015-09-30	$11.27M	1.80%
2015-06-30	$11.07M	3.18%
2015-03-31	$10.73M	-1.81%
2014-12-31	$10.93M	0.46%
2014-09-30	$10.88M	9.83%
2014-06-30	$9.90M	4.29%
2014-03-31	$9.50M	0.62%
2013-12-31	$9.44M	-1.18%
2013-09-30	$9.55M	10.07%
2013-06-30	$8.68M	10.93%
2013-03-31	$7.82M	3.03%
2012-12-31	$7.59M	9.24%
2012-09-30	$6.95M	-0.98%
2012-06-30	$7.02M	0.83%
2012-03-31	$6.96M	-2.74%
2011-12-31	$7.16M	22.96%
2011-09-30	$5.82M	5.07%
2011-06-30	$5.54M	7.22%
2011-03-31	$5.17M	-3.91%
2010-12-31	$5.38M	-1.89%
2010-09-30	$5.48M	7.30%
2010-06-30	$5.11M	7.79%
2010-03-31	$4.74M	-4.39%
2009-12-31	$4.96M	4.19%
2009-09-30	$4.76M	2.30%
2009-06-30	$4.65M	2.45%
2009-03-31	$4.54M	-4.14%
2008-12-31	$4.73M	-10.40%
2008-09-30	$5.28M	0.32%
2008-06-30	$5.27M	-3.43%
2008-03-31	$5.45M	0.80%
2007-12-31	$5.41M	-

First Bancshares generated $93.56M in revenue during Q3 2024, up 31.87% compared to the previous quarter, and up 121.19% compared to the same period a year ago.

First Bancshares Revenue Breakdown

First Bancshares Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Commercial/Retail Bank	$1.83M	$1.62M	$1.57M	$1.35M	-
Corporate Segment	-	-	-	-	-
Mortgage Banking Division	-	-	-	-	-
Holding Company	-	-	-	-	-
Financial Service Other	-	-	-	-	$1.35M
Deposit Account	-	-	-	-	$7.21M

First Bancshares's latest annual revenue breakdown by segment (product or service), as of Dec 24: Commercial/Retail Bank (100.00%).

Quarterly Revenue by Product

Product/Service	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18
Commercial Retail Bank	$273.00K	$277.00K	$280.00K	$102.00K	$25.00K	$24.00K	$24.00K	-	-	-	-
Deposit Account	-	-	-	-	-	-	-	$1.83M	$1.89M	$1.54M	$1.34M
Financial Service, Other	-	-	-	-	-	-	-	$3.72M	$-9.26M	$3.54M	$4.29M

First Bancshares's latest quarterly revenue breakdown by segment (product or service), as of Dec 20: Commercial Retail Bank (100.00%).

First Bancshares Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18
Commercial Retail Bank	$273.00K	$277.00K	$280.00K	$102.00K	$25.00K	$24.00K	$24.00K	-	-	-	-
Financial Service, Other	-	-	-	-	-	-	-	$3.72M	$-9.26M	$3.54M	$4.29M
Deposit Account	-	-	-	-	-	-	-	$1.83M	$1.89M	$1.54M	$1.34M

First Bancshares's latest quarterly revenue breakdown by geography, as of Dec 20: Commercial Retail Bank (100.00%).

First Bancshares Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MBIN	Merchants Bancorp	$1.30B	$304.40M
HTLF	Heartland Financial USA	$953.80M	$272.41M
OCFC	OceanFirst Financial	$642.17M	$144.74M
BRKL	Brookline Bancorp	$628.52M	$154.07M
BHLB	Berkshire Hills Bancorp	$613.94M	$-126.63M
OBK	Origin Bancorp	$564.59M	$137.91M
NIC	Nicolet Bankshares	$438.37M	$138.27M
FBMS	First Bancshares	$46.39M	$93.56M

FBMS Revenue FAQ

What is First Bancshares’s yearly revenue?

First Bancshares's yearly revenue for 2024 was $46.39M, representing a decrease of -84.01% compared to 2023. The company's yearly revenue for 2023 was $290.17M, representing an increase of 40.00% compared to 2022. FBMS's yearly revenue for 2022 was $207.26M, representing an increase of 6.65% compared to 2021.

What is First Bancshares’s quarterly revenue?

First Bancshares's quarterly revenue for Q3 2024 was $93.56M, a 31.87% increase from the previous quarter (Q2 2024), and a 18.39% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $70.95M, a -32.00% decrease from the previous quarter (Q1 2024), and a -8.10% decrease year-over-year (Q2 2023). FBMS's quarterly revenue for Q1 2024 was $104.34M, a 13.92% increase from the previous quarter (Q4 2023), and a 56.82% increase year-over-year (Q1 2023).

What is First Bancshares’s revenue growth rate?

First Bancshares's revenue growth rate for the last 3 years (2022-2024) was -77.62%, and for the last 5 years (2020-2024) was -71.29%.

What are First Bancshares’s revenue streams?

First Bancshares's revenue streams in c 24 are Commercial/Retail Bank

What is First Bancshares’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of First Bancshares was Commercial/Retail Bank. This segment made a revenue of $1.83M, representing 100.00% of the company's total revenue.