HATTIESBURG, Miss. (AP) — HATTIESBURG, Miss. (AP) — The First Bancshares Inc. (FBMS) on Tuesday reported net income of $18.3 million in its fourth quarter.
The Hattiesburg, Mississippi-based bank said it had earnings of 58 cents per share. Earnings, adjusted for one-time gains and costs, came to 64 cents per share.
The bank holding company posted revenue of $105.1 million in the period. Its revenue net of interest expense was $71.6 million, which topped Street forecasts.
For the year, the company reported profit of $77.2 million, or $2.44 per share. Revenue was reported as $284 million.
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