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First Bancshares (FBSI)
OTHER OTC:FBSI
US Market
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First Bancshares (FBSI) AI Stock Analysis

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FBSI

First Bancshares

(OTC:FBSI)

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Outperform 75 (OpenAI - 5.2)
Rating:75Outperform
Price Target:
$37.00
▲(10.28% Upside)
Action:Reiterated
Date:08/04/26
The score is driven primarily by solid financial performance (renewed growth, healthy profitability, conservative leverage, and steady ROE) and an attractive valuation (low P/E with a modest dividend). Technicals are supportive but only moderately strong, keeping the overall score below the high-70s range.
Positive Factors
Stable community banking model
First Bancshares operates a classic community banking model that generates durable net interest income from loans and stable deposit funding, plus fee income. That business mix supports persistent earnings, local customer relationships and steady loan growth potential across economic cycles.
Negative Factors
Margin compression vs prior highs
Reported margins are solid but have declined from 2021–2022 peaks, signaling structural pressure from funding costs or competitive pricing. Persistent margin compression would constrain net income growth and limit the bank's ability to expand capital returns or absorb credit shocks over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable community banking model
First Bancshares operates a classic community banking model that generates durable net interest income from loans and stable deposit funding, plus fee income. That business mix supports persistent earnings, local customer relationships and steady loan growth potential across economic cycles.
Read all positive factors

First Bancshares (FBSI) vs. SPDR S&P 500 ETF (SPY)

First Bancshares Business Overview & Revenue Model

Company Description
First Bancshares, Inc. acts as the parent holding company for Stockmens Bank, offering a comprehensive array of banking and mortgage services to both individual and corporate customers. Its operations span southern Missouri, eastern Colorado, and ...
How the Company Makes Money
FBSI primarily makes money through its banking subsidiary by (1) earning net interest income and (2) generating noninterest income. Net interest income is the spread between interest earned on interest-earning assets—primarily loans (such as comme...

First Bancshares Financial Statement Overview

Summary
Strong overall fundamentals: revenue growth re-accelerated in 2025 (~10%) with solid profitability (net margins ~21–22% and high-20% EBIT margins). Balance sheet leverage is conservative with improving debt-to-equity (~0.13 in 2025) and steady double-digit ROE (~11–13%). The main offsets are margin compression versus 2021–2022 highs and some year-to-year cash flow volatility despite a strong 2025 rebound.
Income Statement
78
Positive
Balance Sheet
82
Very Positive
Cash Flow
74
Positive
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue35.72M30.05M30.05M21.10M16.81M
Gross Profit25.31M21.82M21.82M18.35M16.68M
EBITDA10.10M9.38M9.54M7.90M7.50M
Net Income7.62M6.58M6.72M5.28M5.09M
Balance Sheet
Total Assets564.56M537.88M541.56M471.78M446.85M
Cash, Cash Equivalents and Short-Term Investments20.88M22.08M22.08M23.60M76.03M
Total Debt9.91M11.84M11.00M4.01M1.50M
Total Liabilities499.25M478.32M487.97M424.20M402.69M
Stockholders Equity66.19M59.56M53.59M47.59M44.16M
Cash Flow
Free Cash Flow8.74M6.13M7.87M4.00M1.29M
Operating Cash Flow8.97M6.17M7.87M4.64M2.63M
Investing Cash Flow-75.13M-11.79M-11.79M-65.72M-39.52M
Financing Cash Flow18.47M61.17M61.17M20.50M49.87M

First Bancshares Technical Analysis

Technical Analysis Sentiment
Positive
Last Price33.55
Price Trends
50DMA
32.46
Positive
100DMA
32.19
Positive
200DMA
31.76
Positive
Market Momentum
MACD
0.34
Positive
RSI
58.28
Neutral
STOCH
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FBSI, the sentiment is Positive. The current price of 33.55 is above the 20-day moving average (MA) of 33.23, above the 50-day MA of 32.46, and above the 200-day MA of 31.76, indicating a bullish trend. The MACD of 0.34 indicates Positive momentum. The RSI at 58.28 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FBSI.

First Bancshares Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
$121.40M10.6214.30%1.49%6.20%60.60%
75
Outperform
$81.85M9.8312.42%1.37%7.85%22.70%
68
Neutral
$90.77M12.117.41%1.70%3.83%33.60%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
51
Neutral
$111.81M-4.45-7.74%10.60%-935.88%
46
Neutral
$105.29M69.320.96%0.59%-6.12%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FBSI
First Bancshares
33.55
7.23
27.48%
BOTJ
Bank Of The Jame Financial
26.86
11.70
77.18%
BYFC
Broadway Financial
12.05
4.06
50.78%
FUSB
First US Bancshares
16.35
5.69
53.31%
FNWB
First Northwest Bancorp
11.14
3.44
44.68%
NSTS
NSTS Bancorp
14.03
2.11
17.66%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 04, 2026