FirstBank Southwest provides a range of banking services including personal and business banking, loans, digital banking, and wealth management services. Self-described services include investment options and mortgage loans.

FirstBank Southwest

Covenant Title provides title insurance and related services. They have an underwriter relationship with Alliant National Title Insurance Company and have been offering these services since 1997.

Covenant Title

Heritage Bank provides personal and business banking services including accounts, loans, and credit cards.

Heritage Bank

The First Bancshares, Inc. operates as the bank holding company for The First, A National Banking Association that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts. The company also provides commercial loans comprising secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; consumer loans consisting of equity lines of credit, as well as secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and real estate construction and acquisition loans. In addition, it originates loans to purchase existing residential homes or construct new homes, and to refinance existing mortgages; and provides financial and wealth management services. Further, the company offers internet banking services, automated teller machines, voice response telephone inquiry services, commercial sweep accounts, cash management services, safe deposit boxes, merchant, mobile deposit, direct deposit of payroll and social security checks, automatic drafts for various accounts, and credit card services. It primarily serves small to medium-sized businesses, professional concerns, individuals, associations, organizations, and governmental authorities. As of December 31, 2021, the company operated 90 locations in Mississippi, Alabama, Florida, Georgia, and Louisiana. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi.

Metric
Company Name	FirstBank Southwest	Covenant Title	Heritage Bank	The First Bancshares, Inc.
Symbol				FBMS
MSH ID	COM:FBSW	COM:COVENANTTITLE	COM:HERITAGEBANKONLINE	COM:THEFIRSTBANK
Market	PRIVATE	PRIVATE	PRIVATE	STOCKS
Sector	Financial Services & Finance	Commercial & Professional Services	Financial Services & Finance	Financial Services
Industry	Banking	Insurance	Banking	Banks - Regional
Country	US	US	US	US
Stage
Employee Count				1.08K
Website	fbsw.com	covenanttitle.com	heritagebankonline.com	thefirstbank.com
LinkedIn
Founders

Metric
Market Cap				808.88M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue				381.41M
Revenue (LTM)
Revenue (NTM)
Gross Profit				387.64M
EBITDA				9.56M
Operating Income				-7.86M
Net Income				75.46M
EPS				2.41
Diluted EPS				2.39
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin				1.06
Operating Profit Margin
EBITDA Margin				0.03
Net Profit Margin				0.23
Return on Equity				0.09
Return on Assets				0.01
Return on Capital Employed

FBSW

COM:FBSW

FirstBank Southwest

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio				9.61
P/B Ratio				0.86
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio				3.09
EV Multiple				49.58

Metric
Days Sales Outstanding				2.35
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle				37.39
Cash Conversion Cycle				317.37
Asset Turnover				0.05

Metric
Operating Cash Flow				108.24M
Free Cash Flow				104.55M
Cash Flow to Debt				0.48
Operating Cash Flow/Sales				0.32
Free Cash Flow Yield				0.14

Metric
Cash & Equivalents				355.15M
Accounts Receivable				-1.23M
Inventory				321.85M
Goodwill				272.52M
Debt to Capitalization				0.35
Debt to Assets				0.05
Current Ratio
Quick Ratio				82.89

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue				0.01
R&D to Revenue
SG&A to Revenue				0.39