Companies: 10,795·Total market cap: $144.5T
The First Bancshares, Inc.

The First Bancshares, Inc.

FBMSNASDAQFinancial Services
$33.81
+$0.16(+0.48%)
Market Cap$1.1B
P/E Ratio—
52W High$39.209
52W Low$22.96
Net IncomeFinancialsRevenue

The First Bancshares, Inc. (FBMS) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

FBMS · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $77.2M for FY2024 (fiscal year ending 2024-12-31), up 2.3% year-over-year. Net profit margin was 18.7%. Based on available data, The First Bancshares, Inc. has been profitable since at least 2010.

FY2024 Net Income$77.2M▲ +2.3% YoY
Trailing 12M (TTM)$77.2Mtrailing 4 quarters sum
Net Profit Margin18.7%$77.2M ÷ $412.6M
YoY Change+2.3%—
5-Year CAGR+12.0%FY2020 → FY2024
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2010

▸ FMP /income-statement · Annual · FBMS net income history · FBMS profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2024$77.2M▲ +2.3%18.7%
FY2023$75.5M▲ +19.9%19.8%
FY2022$62.9M▼ 1.9%27.0%
FY2021$64.2M▲ +22.2%30.6%
FY2020$52.5M▲ +20.0%28.6%

Net income vs peers (Financial Services)

#CompanyNet IncomeYoY
#1
The First Bancshares, Inc.
The First Bancshares, Inc.YOU
FBMS
$77.2M+2.3%
#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$66.97B-24.8%#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$66.97B-24.8%#4
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$57.05B-2.4%#5
Visa Inc.
Visa Inc.
V
$20.06B+1.6%#6
Mastercard Incorporated
Mastercard Incorporated
MA
$14.97B+16.3%
Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

The First Bancshares, Inc. (FBMS) reported net income of $77.2M for FY2024 (fiscal year ending 2024-12-31), up 2.3% year-over-year. The net profit margin was 18.7% — meaning the company kept $0.19 of every dollar of revenue as profit.

Based on available data, The First Bancshares, Inc. has been profitable since at least 2010. Net income reached a peak of $77.2M in FY2024. Data available for 15 fiscal years.

The First Bancshares, Inc.'s net profit margin was 18.7% for FY2024, based on the latest annual results.

Investors sometimes search for "The First Bancshares, Inc. net worth" — the company's market capitalization is a separate figure from FBMS net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

FBMS net income · 5 questions

The First Bancshares, Inc. is profitable. The company reported net income of $77.2M for FY2024, a net profit margin of 18.7%. Net income was up 2.3% year-over-year. Based on available data, The First Bancshares, Inc. has been profitable since at least 2010.

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▸ Source: FMP /income-statement · GAAP · The First Bancshares, Inc. · The First Bancshares, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026