FBMS - First Bancshares GAAP EPS of $0.81 beats by $0.09 revenue of $49.8M beats by $9.16M

First Bancshares press release (NASDAQ:FBMS): Q1 GAAP EPS of $0.81 beats by $0.09. Revenue of $49.8M (+2.3% Y/Y) beats by $9.16M. Total deposits increased $211.0M, or 4.0%, as compared to the quarter ended December 31, 2021. The Company recorded a negative provision for credit losses of $1.1M for the quarter ended December 31, 2021 and $0 for the quarter ended March 31, 2022. Total loans were $2.970B for the quarter ended March 31, 2022, as compared to $2.960B for the quarter ended December 31, 2021, and $3.055B for the quarter ended March 31, 2021.

For further details see:

First Bancshares GAAP EPS of $0.81 beats by $0.09, revenue of $49.8M beats by $9.16M