First Bancshares Inc (Mississippi)
F:3RY

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First Bancshares Inc (Mississippi)
F:3RY
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Price: 31.2 EUR 1.96% Market Closed
Market Cap: 973.6m EUR

First Bancshares Inc (Mississippi)
Investor Relations

Nestled in the heart of Mississippi, First Bancshares Inc. stands as a noteworthy player in the regional banking sector. Established in the late 19th century, this community-oriented financial institution has grown from its humble beginnings into a robust network of branches that serve customers across several Southern states. The company finds its strength in a business model that balances traditional banking services with a personalized approach. This combination allows them to maintain deep-rooted local connections while steadily expanding their footprint. By offering a comprehensive suite of financial products—ranging from personal and commercial loans to deposits and treasury management services—First Bancshares fulfills the diverse needs of its consumer and business clientele, thereby generating a stable revenue stream.

The company thrives primarily by leveraging its community banking model. This model emphasizes close relationships with local customers, allowing the bank to tailor its offerings to the specific economic environments of the communities it serves. First Bancshares derives revenue mainly through net interest income, which is the difference between what it earns on loans and investments and what it pays out as interest on deposits. This is complemented by non-interest income from service charges on accounts and fees from financial counseling services. By maintaining a keen focus on operational efficiency and prudent risk management, First Bancshares has carved out a lucrative niche, ensuring its enduring presence in the regional banking landscape while navigating the challenges and opportunities presented by the dynamic financial industry.

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Last Earnings Call
Fiscal Period
Q2 2024
Call Date
Jul 25, 2024
Q2 2024 Earnings Call
No Analysis Available

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Earnings Call Recording
Other Earnings Calls

Management

Mr. Milton Ray Cole Jr.
Chairman, President & CEO
No Bio Available
Ms. Donna T. Lowery CPA
Executive VP & CFO
No Bio Available
Dawn Ard
Compliance Officer & Compliance Officer of The First, A National Banking Association
No Bio Available
Ms. Marsie White
Vice President of Human Resource
No Bio Available
Mr. George Lee Noonan
Executive VP & Chief Credit Officer
No Bio Available
Ms. Chandra B. Kidd
VP & Corporate Secretary
No Bio Available
Mr. Douglas Eric Waldron
President of Northern Region - The First, A National Banking Association
No Bio Available
Ms. Carol M. Daniel
Credit Administrator of The First, A National Banking Association
No Bio Available
Mr. Hayden Mitchell
Chief Retail Banking Officer & Executive VP of The First, A National Banking Association
No Bio Available
Mr. David A. Bush
Executive Vice President of Private Banking - The First, A National Banking Association
No Bio Available

Contacts

Address
MISSISSIPPI
Hattiesburg
6480 U S Highway 98
Contacts
+16012688998.0
www.thefirstbank.com