First Historical Income Statement

FUSB Stock  USD 13.49  0.53  4.09%   
Historical analysis of First Bancshares income statement accounts such as Selling General Administrative of 2.7 M or Total Revenue of 36.6 M can show how well 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.
 
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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.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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 state.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

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 present, First Bancshares' Other Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 23.5 M, whereas Depreciation And Amortization is forecasted to decline to about 1.6 M.

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.

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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from First Bancshares' 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 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 state.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bancshares' Other Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 23.5 M, whereas Depreciation And Amortization is forecasted to decline to about 1.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.0M4.3M15.5M7.8M
Depreciation And Amortization2.0M1.9M1.8M1.6M

First Bancshares income statement Correlations

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-0.250.140.050.210.21-0.20.710.710.740.360.720.130.780.61-0.930.46-0.680.310.640.640.58-0.47-0.47
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First Bancshares Account Relationship Matchups

First Bancshares income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.1M2.1M2.0M1.9M1.8M1.6M
Interest Expense6.6M4.6M3.0M4.3M15.5M7.8M
Selling General Administrative21.9M22.3M21.0M16.4M2.9M2.7M
Total Revenue42.3M40.8M40.5M624K40.4M36.6M
Gross Profit42.3M40.8M40.5M624K40.4M36.5M
Other Operating Expenses36.5M37.2M34.8M1.1M22.4M29.8M
Operating Income5.8M3.5M5.7M13.3M11.3M6.1M
Ebit5.8M3.5M5.7M9.0M11.3M5.9M
Ebitda7.9M5.6M7.8M10.9M13.0M7.1M
Total Operating Expenses(36.5M)(37.2M)(34.8M)1.1M22.4M23.5M
Income Before Tax5.8M3.5M5.7M9.0M11.3M5.8M
Total Other Income Expense Net5.8M(5.8M)(5.8M)(5.7M)17K17.9K
Net Income4.6M2.7M4.5M6.9M8.5M8.9M
Income Tax Expense1.2M825K1.3M2.1M2.8M1.6M
Net Income Applicable To Common Shares4.6M2.7M4.5M6.9M6.2M4.0M
Selling And Marketing Expenses196K175K167K189K19.6M20.5M
Net Income From Continuing Ops4.6M2.7M4.5M6.9M8.4M8.9M
Tax Provision1.2M825K1.3M2.1M2.7M1.6M
Net Interest Income36.9M35.8M37.0M36.9M38.1M36.8M
Interest Income43.6M40.4M39.9M41.2M50.5M42.0M
Reconciled Depreciation2.1M2.1M2.0M1.9M1.8M2.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancshares Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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 state.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancshares. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.091
Dividend Share
0.2
Earnings Share
1.4
Revenue Per Share
6.844
Quarterly Revenue Growth
(0.02)
The market value of First Bancshares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancshares' value that differs from its market value or its book value, called intrinsic value, which is First Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bancshares' market value can be influenced by many factors that don't directly affect First Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.