Financial Statements

The First Bancshares, Inc. (FBMS)


-0.29 (-1.08%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 20615411072-
Net Income 6364534421
Stock Dividends -0-0-0-053
Dividend Paid -16-12-9-5-3
Retained Earnings 25320615411072

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 13212310575-
Annual Depreciation 3616233879
Capital Expenditure -16-7-4-8-4
Net PPE 15313212310575

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -90159157157
New Purchases -75-192-360-989-621
Intangible and Goodwill 90159157157180

The First Bancshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes The First Bancshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.