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First Bancshares upgraded to Overweight from Equal Weight at Stephens » 08:17
05/12/20
05/12
08:17
05/12/20
08:17
FBMS

First Bancshares

$18.26 /

-1.47 (-7.45%)

Stephens analyst Matt…

Stephens analyst Matt Olney upgraded First Bancshares to Overweight from Equal Weight with a price target of $25, up from $24. The bank's tier 1 asset classes at risk represent 8% of loans, which is in line with the peer median, and he sees adequate buffers that should be able to absorb higher net charge-offs without additional capital, Olney tells investors.

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FBMS First Bancshares
$18.26 /

-1.47 (-7.45%)

FBMS First Bancshares
$18.26 /

-1.47 (-7.45%)

10/09/19 DA Davidson
First Bancshares initiated with a Buy rating at DA Davidson
07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
FBMS First Bancshares
$18.26 /

-1.47 (-7.45%)

Hot Stocks
First Bancshares announces renewal of share repurchase plan » 08:47
05/07/20
05/07
08:47
05/07/20
08:47
FBMS

First Bancshares

$18.15 /

-0.48 (-2.58%)

First Bancshares…

First Bancshares announced the renewal of its share repurchase program that previously expired on December 31, 2019. Under the program, the company may, but is not required to, from time to time repurchase up to $15M of shares of its common stock in any manner determined appropriate by the company's management.

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FBMS First Bancshares
$18.15 /

-0.48 (-2.58%)

10/09/19 DA Davidson
First Bancshares initiated with a Buy rating at DA Davidson
07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
Earnings
First Bancshares reports Q1 EPS 47c, consensus 59c » 20:53
04/29/20
04/29
20:53
04/29/20
20:53
FBMS

First Bancshares

$20.90 /

+0.91 (+4.55%)

Reports Q1 NII $34.1M vs.…

Reports Q1 NII $34.1M vs. $27.1M last year. Reports Q1 net interest margin 3.93% vs. 3.89% last year. Q1 provision for loan losses totaled $7.1 million for the quarter of which $5.6 million was related to COVID-19 as compared to $0.9 million for the sequential quarter comparison.

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FBMS First Bancshares
$20.90 /

+0.91 (+4.55%)

10/09/19 DA Davidson
First Bancshares initiated with a Buy rating at DA Davidson
07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
Over a quarter ago
Hot Stocks
Southwest Georgia Financial says special shareholders meeting to be virtual-only » 17:22
03/24/20
03/24
17:22
03/24/20
17:22
SGB

Southwest Georgia Financial Corp.

$15.90 /

+0.6 (+3.92%)

, FBMS

First Bancshares

$17.27 /

+0.94 (+5.76%)

Southwest Georgia…

Southwest Georgia Financial Corporation (SGB) announced notice of a change in location of its Special Meeting of Shareholders to be held on Friday, March 27, 2020 at 10:00 a.m. Eastern Time. In light of public health concerns regarding the coronavirus, or COVID-19, and the restriction of public gatherings of 10 or more people in Georgia, the Special Meeting has been changed to be held in a virtual meeting format only. The purpose of the Special Meeting is to consider and vote on certain proposals relating to the previously announced Agreement and Plan of Merger, dated as of December 18, 2019, by and between SGB and The First Bancshares, Inc. (FBMS), pursuant to which SGB will merge with and into First Bancshares, with First Bancshares as the surviving company. Shareholders as of the close of business on February 12, 2020, which is the record date for the Special Meeting, can attend the virtual meeting.

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SGB Southwest Georgia Financial Corp.
$15.90 /

+0.6 (+3.92%)

FBMS First Bancshares
$17.27 /

+0.94 (+5.76%)

10/09/19 DA Davidson
First Bancshares initiated with a Buy rating at DA Davidson
07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
Hot Stocks
First Bancshares raises quarterly dividend to 10c from 8c per share » 20:54
01/21/20
01/21
20:54
01/21/20
20:54
FBMS

First Bancshares

$33.70 /

-0.4 (-1.17%)

The dividend is payable…

The dividend is payable on February 21, 2020 to shareholders of record as of the close of business on February 7, 2020.

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FBMS First Bancshares
$33.70 /

-0.4 (-1.17%)

10/09/19 DA Davidson
First Bancshares initiated with a Buy rating at DA Davidson
07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
Earnings
First Bancshares reports Q4 EPS 72c, consensus 74c » 20:54
01/21/20
01/21
20:54
01/21/20
20:54
FBMS

First Bancshares

$33.70 /

-0.4 (-1.17%)

Reports Q4 NII $33.8M vs.…

Reports Q4 NII $33.8M vs. $25.5M last year. Reports Q4 net interest margin 4.06% vs. 4.08% last year.

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FBMS First Bancshares
$33.70 /

-0.4 (-1.17%)

10/09/19 DA Davidson
First Bancshares initiated with a Buy rating at DA Davidson
07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
Hot Stocks
First Bancshares acquires Southwest Georgia Financial » 17:21
12/18/19
12/18
17:21
12/18/19
17:21
FBMS

First Bancshares

$34.79 /

+0.34 (+0.99%)

, SGB

Southwest Georgia Financial Corp.

$22.50 /

+1.06 (+4.94%)

First Bancshares (FBMS)…

First Bancshares (FBMS) and Southwest Georgia Financial (SGB) signed an Agreement and Plan of Merger pursuant to which First Bancshares has agreed to acquire SGB. SGB will be merged with and into First Bancshares. Upon consummation of the Merger, each SGB shareholder will receive 1.00 share of The First Bancshares's common stock in exchange for each share of SGB common stock. This equates to $34.50 per share or approximately $88M in the aggregate. At September 30, SGB had approximately $548M in consolidated assets, $395M in loans, $466M in deposits and $48M in consolidated stockholders' equity. SGB serves the areas of Moultrie, Valdosta, Albany and Tifton, Georgia through eight full service offices. The Merger Agreement has been approved by both boards. The closing of the transaction is expected to occur in 2Q20 subject to customary conditions, including regulatory approvals and approval by the shareholders of SGB. Upon completion of the transaction, the combined company, including The First Bancshares's acquisition of First Florida Bancorp, which closed on October 31, will have approximately $4.5B in total assets, $3.6B in total deposits and $3.0B in total loans.

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FBMS First Bancshares
$34.79 /

+0.34 (+0.99%)

10/09/19 DA Davidson
First Bancshares initiated with a Buy rating at DA Davidson
07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
SGB Southwest Georgia Financial Corp.
$22.50 /

+1.06 (+4.94%)

Earnings
First Bancshares reports Q3 EPS 71c, consensus 71c » 16:51
10/21/19
10/21
16:51
10/21/19
16:51
FBMS

First Bancshares

$32.25 /

+0.41 (+1.29%)

Reports Q3 tangible book…

Reports Q3 tangible book value per share $19.39. Ray Cole, president and CEO, commented, "We are pleased with the continued improvement in the earnings of our Company. The substantial increase in operating earnings year over year and on a linked quarter basis are reflective of our teams focus on the successful integration of multiple acquisitions over the last year. During the quarter we announced our upcoming merger with First Florida Bancorp. First Florida is a high performing, well run bank headquartered in Destin. Our partnership is a perfect strategic fit adding additional market share in Florida and opening up new markets for us in Destin, Panama City and the surrounding areas."

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FBMS First Bancshares
$32.25 /

+0.41 (+1.29%)

10/09/19 DA Davidson
First Bancshares initiated with a Buy rating at DA Davidson
07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
Initiation
First Bancshares initiated with a Buy rating at DA Davidson » 20:44
10/09/19
10/09
20:44
10/09/19
20:44
FBMS

First Bancshares

$30.96 /

-0.08 (-0.26%)

DA Davidson analyst Kevin…

DA Davidson analyst Kevin Fitzsimmons initiated coverage of First Bancshares with a Buy rating and $36 price target. The analyst sees a higher-growth profile for the company's Gulf Coast franchise and more upside than downside at current share levels.

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FBMS First Bancshares
$30.96 /

-0.08 (-0.26%)

07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
Conference/Events
Stephens to hold a forum » 05:55
09/25/19
09/25
05:55
09/25/19
05:55
ABCB

Ameris Bancorp

$39.65 /

+0.08 (+0.20%)

, BFST

Business First Bancshares

$24.87 /

+0.17 (+0.69%)

, CADE

Cadence Bancorp

$17.38 /

-0.385 (-2.17%)

, EGBN

Eagle Bancorp

$43.40 /

-0.71 (-1.61%)

, FBMS

First Bancshares

$33.23 /

-0.31 (-0.92%)

, GNTY

Guaranty Bancshares

$30.30 /

-0.64 (-2.07%)

, HBNC

Horizon Bancorp

$17.27 /

-0.24 (-1.37%)

, IBKC

Iberiabank

$75.15 /

-1.14 (-1.49%)

, MBIN

Merchants Bancorp

$16.36 /

-0.23 (-1.39%)

, NBHC

National Bank

$34.96 /

-0.66 (-1.85%)

, OLBK

Old Line Bancshares

$29.28 /

-0.37 (-1.25%)

, PB

Prosperity Bancshares

$69.65 /

-0.7 (-1.00%)

, RBNC

Reliant Bancorp

$23.21 /

-0.44 (-1.86%)

, SFNC

Simmons First National

$25.32 /

-0.13 (-0.51%)

, TCBK

TriCo Bancshares

$36.64 /

-0.34 (-0.92%)

, UBSH

Union Bankshares

$0.00 /

+ (+0.00%)

, WSBC

WesBanco

$37.50 /

-0.6 (-1.57%)

, WTEC

Warrantech

$0.00 /

+ (+0.00%)

9th Annual Bank Forum…

9th Annual Bank Forum will be held in Little Rock, Arkansas on September 23-25.

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ABCB Ameris Bancorp
$39.65 /

+0.08 (+0.20%)

07/12/19
Fly Intel: Top five analyst initiations
07/11/19 Raymond James
Ameris Bancorp initiated with an Outperform at Raymond James
05/15/19 Stephens
Stephens replaces CenterState with Ameris as 2019 Best Idea
01/29/19 SunTrust
Ameris Bancorp upgraded to Buy from Hold at SunTrust
BFST Business First Bancshares
$24.87 /

+0.17 (+0.69%)

08/29/19 Raymond James
Business First Bancshares downgraded to Market Perform from Outperform at Raymond James
08/29/19 Raymond James
Business First Bancshares downgraded to Outperform at Raymond James
07/10/19 DA Davidson
Business First Bancshares initiated with a Neutral at DA Davidson
07/09/19 Stephens
Business First Bancshares downgraded to Equal Weight from Overweight at Stephens
CADE Cadence Bancorp
$17.38 /

-0.385 (-2.17%)

08/29/19 Raymond James
Cadence Bancorp downgraded to Outperform from Strong Buy at Raymond James
07/23/19
Fly Intel: Top five analyst downgrades
07/23/19 SunTrust
Cadence Bancorp price target lowered to $18 from $22 at SunTrust
07/23/19 Keefe Bruyette
Cadence Bancorp downgraded to Market Perform from Outperform at Keefe Bruyette
EGBN Eagle Bancorp
$43.40 /

-0.71 (-1.61%)

09/24/19 Janney Montgomery Scott
Eagle Bancorp downgraded to Neutral from Buy at Janney Montgomery Scott
07/19/19 Piper Sandler
Eagle Bancorp downgraded to Neutral from Overweight at Piper Jaffray
07/18/19 Sandler O'Neill
Eagle Bancorp downgraded to Hold from Buy at Sandler O'Neill
07/15/19 Piper Sandler
Eagle Bancorp initiated with an Overweight at Piper Jaffray
FBMS First Bancshares
$33.23 /

-0.31 (-0.92%)

07/09/19 Stephens
First Bancshares downgraded to Equal Weight from Overweight at Stephens
GNTY Guaranty Bancshares
$30.30 /

-0.64 (-2.07%)

06/10/19 Piper Sandler
Guaranty Bancshares initiated with a Neutral at Piper Jaffray
12/19/18 Stephens
Guaranty Bancshares upgraded to Overweight from Equal Weight at Stephens
12/19/18 Stephens
UMB Financial upgraded to Overweight from Equal Weight at Stephens
HBNC Horizon Bancorp
$17.27 /

-0.24 (-1.37%)

IBKC Iberiabank
$75.15 /

-1.14 (-1.49%)

07/22/19 SunTrust
Iberiabank price target lowered to $86 from $91 at SunTrust
01/28/19 Stephens
Iberiabank price target raised to $91 from $85 at Stephens
01/28/19 SunTrust
Iberiabank price target raised to $92 from $85 at SunTrust
12/19/18 Stephens
Iberiabank upgraded to Overweight from Equal Weight at Stephens
MBIN Merchants Bancorp
$16.36 /

-0.23 (-1.39%)

NBHC National Bank
$34.96 /

-0.66 (-1.85%)

OLBK Old Line Bancshares
$29.28 /

-0.37 (-1.25%)

07/25/19 Sandler O'Neill
Old Line, WesBanco upgraded to Buy at Sandler O'Neill
07/25/19 Sandler O'Neill
Old Line Bancshares upgraded to Buy from Hold at Sandler O'Neill
07/25/19 Keefe Bruyette
WesBanco upgraded to Outperform from Market Perform at Keefe Bruyette
07/25/19 Keefe Bruyette
Old Line upgraded to Outperform from Market Perform at Keefe Bruyette
PB Prosperity Bancshares
$69.65 /

-0.7 (-1.00%)

09/24/19 Morgan Stanley
Large-cap banks aren't gaining deposit market share, says Morgan Stanley
06/19/19 SunTrust
LegacyTexas Financial downgraded after merger announcement at SunTrust
06/18/19
Fly Intel: Top five analyst upgrades
06/18/19 Raymond James
Prosperity Bancshares upgraded after merger announcement at Raymond James
RBNC Reliant Bancorp
$23.21 /

-0.44 (-1.86%)

08/23/19 Stephens
Reliant Bancorp initiated with an Equal Weight at Stephens
07/25/19 Janney Montgomery Scott
Reliant Bancorp downgraded to Neutral from Buy at Janney Montgomery Scott
07/11/19 DA Davidson
Reliant Bancorp initiated with a Buy at DA Davidson
04/11/19 Sandler O'Neill
Reliant Bancorp initiated with a Hold at Sandler O'Neill
SFNC Simmons First National
$25.32 /

-0.13 (-0.51%)

08/01/19 Sandler O'Neill
Simmons First National upgraded to Buy from Hold at Sandler O'Neill
04/11/19 Baird
Simmons First National assumed with a Neutral at Baird
03/15/19
Fly Intel: Top five analyst initiations
03/14/19 DA Davidson
Simmons First National initiated with a Buy at DA Davidson
TCBK TriCo Bancshares
$36.64 /

-0.34 (-0.92%)

07/12/19 Piper Sandler
TriCo Bancshares initiated with a Neutral at Piper Jaffray
07/09/19 Stephens
TriCo Bancshares downgraded to Equal Weight from Overweight at Stephens
UBSH Union Bankshares
$0.00 /

+ (+0.00%)

03/20/19 Boenning & Scattergood
Union Bankshares initiated with a Neutral at Boenning & Scattergood
01/23/19 Brean Capital
Union Bankshares well positioned for outperformance, says Brean Capital
12/31/18 Brean Capital
Union Bankshares named a top pick for 2019 at Brean Capital
12/27/18
Stephens to keep GrubHub, RealPage, Vulcan Materials on 2019 Best Ideas list
WSBC WesBanco
$37.50 /

-0.6 (-1.57%)

07/25/19 Sandler O'Neill
WesBanco upgraded to Buy from Hold at Sandler O'Neill
WTEC Warrantech
$0.00 /

+ (+0.00%)

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