First Bancshares Q3 net income rises 27% to 2.56 million; net interest income climbs 27% to 7.94 million vs year-ago quarter

Bitget2026/10/09 14:29

The First Bancshares posted third-quarter net income of 2.56 million, up 27% from a year earlier. Diluted EPS climbed 27% to 1.05; pretax income rose 20% to 3.2 million. Net interest income increased 27% to 7.94 million, while the provision for credit losses jumped to 446,000. Total assets grew 20% year over year to 685.65 million; loans receivable rose 16% to 582.22 million from Dec. 31, 2025. Deposits increased 21% to 596.01 million; management said the deposit base had no brokered deposits. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The First Bancshares Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610091029PRIMZONEFULLFEED9842969) on October 09, 2026, and is solely responsible for the information contained therein.

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The First Bancshares posted third-quarter net income of 2.56 million, up 27% from a year earlier.
Diluted EPS climbed 27% to 1.05; pretax income rose 20% to 3.2 million.
Net interest income increased 27% to 7.94 million, while the provision for credit losses jumped to 446,000.
Total assets grew 20% year over year to 685.65 million; loans receivable rose 16% to 582.22 million from Dec. 31, 2025.
Deposits increased 21% to 596.01 million; management said the deposit base had no brokered deposits.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The First Bancshares Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610091029PRIMZONEFULLFEED9842969) on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Bancshares Q3 net income rises 27% to 2.56 million; net interest income climbs 27% to 7.94 million vs year-ago quarter

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