The First Bancshares: 2Q Earnings Snapshot
HATTIESBURG, Miss. (AP) _ The First Bancshares Inc. (FBMS) on Monday reported second-quarter earnings of $5.2 million.
The Hattiesburg, Mississippi-based bank said it had earnings of 40 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 62 cents per share.
The bank holding company posted revenue of $30.7 million in the period. Its revenue net of interest expense was $27.2 million, exceeding Street forecasts.
The First Bancshares shares have increased nearly 7 percent since the beginning of the year. The stock has increased 35 percent in the last 12 months.