EN DE
Watch First Bancshares Inc for free: we tell you when fair value or trend changes.
Data-driven stock valuation

First Bancshares Inc (FBSI) fair value: what the stock is really worth

As of Oct 30, 2026: fair value (intrinsic value) of First Bancshares Inc stock $26.10, price $35.72, that is 26.9% below the price, quality 57 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Financial Services US

FB First Bancshares Inc logo Some data Nov 9, 2026

First Bancshares Inc

FBSI · US
Solid, but expensive

Our calculation puts a fair price 27% below what the stock costs today.

Healthy Growth (revenue 5y +11.5 %/yr in USD)
Highly profitable · 31.5% net margin (TTM)
Ranks above peers (9/13)
Last quarter vs. a year ago: revenue +23%, profit +27%.
Quality 57/100
Moderate moat 64/100 · thin data
Some data
Fair value $26.10 · Overvalued
⚠ Thinly traded
Watch First Bancshares Inc for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$35.72 $6.08 Fair Value $26.10 Jun 2015 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.

How to read this chart

60‑month range $6.08 – $35.72 · fair‑value band $23.63 – $32.02 · the $35.72 price screens above the $26.10 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.

Follow First Bancshares in your weekly email

Every Wednesday you see whether First Bancshares is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

First Bancshares, Inc. operates as the bank holding company for Stockmens Bank that provides banking and mortgage services to individual and corporate customers in southern Missouri, eastern Colorado, and southwestern Nebraska. It accepts various deposit products.

Show moreShow less

The company also offers real estate loans, including one-to-four family residential mortgage loans, multi-family residential loans, commercial real estate loans, agricultural real estate loans, and home equity loans; and non-real estate loans, such as commercial business, agricultural business, and consumer loans.

In addition, it invests in mortgage-back securities, the United States Government and agency securities, and other assets. The company was founded in 1897 and is headquartered in Mountain Grove, Missouri.

Stock analysis

First Bancshares Inc (FBSI) currently trades at $35.72, while our model-based Fair Value estimate is $26.10, 27% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Multiples group reads highest at a median of $34.21 per share, and 1 of the 6 models we run sit above the $35.72 price.

Bear case: the Dividend Discount group reads lowest at $5.10, and 5 of the 6 models stay below the price. Data coverage for this calculation is medium.

Scenario range: $23.63 (bear) to $32.02 (bull), the price of $35.72 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 57/100 (solid quality), in the Financial Services sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

First Bancshares Inc reported revenue of $26.1M in FY2025 versus $18.2M in FY2021, a compound +9.5%/yr. Reported net income was $7.6M in FY2025, compounding +10.6%/yr from FY2021.

Key figures

Market cap $86.2M Micro · P/E ratio 9.7 · P/S ratio 3.05 · EPS (TTM) $3.68 · Net margin 31.5% · Return on equity 12.7% · Return on assets (EBIT) 0.7% (5-year average) · Operating margin 40.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 64 out of 100 (low confidence).

What moves the price

The share trades at its 52-week high and 27% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −27%, FBSI screens cheaper than that median.

Fair Value models

Bear $23.63 Fair Value $26.10 Bull $32.02
Price $35.72 · Downside -26.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($3.16 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income $23.63 $26.10 $32.02 76
Gordon GGM $3.07 $5.47 $7.45 68
DDM Multi-Stage $3.07 $4.73 $5.85 67
All 6 models by family
Dividend Discount
Gordon GGM $3.07 $5.47 $7.45 68
DDM Multi-Stage $3.07 $4.73 $5.85 67
Multiples
P/E Multiple $30.80 $41.06 $51.33 63
P/B Multiple $20.51 $27.35 $34.19 55
Asset-Based
NCAV (Graham) $13.42 $17.98 $26.84 54
Economic Profit
Residual Income $23.63 $26.10 $32.02 76

Open the full fair value analysis →

Quality Score breakdown

Overall quality 57/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 36
How much profit the company makes from its sales and capital
Quality Growth 41
Are margins and returns getting better?
Cashflow 86
Do the profits arrive as real cash?
Financial strength 10
Debt, balance sheet and risk of trouble
Investment 70
Does it invest with discipline instead of growing at any price?
Low Volatility 64
How calm the share price moves, does not count
Price momentum 57
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 84
Distance to the 52-week high, does not count
New shares 87
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 94/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+11.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.5%
Start year 2020 (pandemic). Over 10 years: +14.9% a year
Revenue growth 26 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.2%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+11.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.9%
Dividend (yield on the price)0.0%

FBSI screens overvalued: fair value 27% below the price. Compare with China Merchants Bank Co →

Compare First Bancshares Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 996 stocks

Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 57 · Above median
Fair Value upside −26.9% · Below median
Profitability
Return on equity (12 months) 12.7% · Above median
Return on assets 1.4% · Top 25%
Net margin (12 months) 31.5% · Above median
Operating margin (12 months) 40.5% · Below median
Growth and dividend
Revenue growth (quarter YoY) 23.2% · Top 25%
Dividend yield (12 months) 0.0% · Bottom 25%
Balance sheet
Debt / equity 0.11× · Below median

Valuation Multiplesvs Banks - Regional median · lower = cheaper

P/E (12 months) 9.7× · Cheaper than median
P/B 1.30× · Pricier than median
P/S (12 months) 3.05× · Cheaper than median
Price / free cash flow (fiscal year) 9.9× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 8
FUTURE (revenue growth)100 · sector 47
PAST (return on equity)51 · sector 43
HEALTH (low debt)–
DIVIDEND (yield)0 · sector 53

VALUE 0: the price sits above our fair-value range.

HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Postal Savings Bank of China Co 601658 ¥5.53 ¥7.59 +37% vs FBSI
China Merchants Bank Co 600036 ¥42.88 ¥52.73 +23% vs FBSI
BNP Paribas SA BNP €91.93 €106.01 +15% vs FBSI
Intesa Sanpaolo S.p.A ISP €6.18 €4.49 −27% vs FBSI
State Bank of India SBIN ₹1,019 ₹736.65 −28% vs FBSI
UniCredit S.p.A UCG €76.80 €50.44 −34% vs FBSI
Mizuho Financial Group MFG $9.40 $5.90 −37% vs FBSI
DBS Group D05 69.72 SGD 40.39 SGD −42% vs FBSI
HDFC Bank Limited HDFCBANK ₹788.25 ₹406.39 −48% vs FBSI
ICICI Bank Limited ICICIBANK ₹1,571 ₹615.63 −61% vs FBSI

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

First Bancshares Inc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "First Bancshares Inc Fair Value". https://www.fairvalue-calculator.com/stock/FBSI

Frequently asked questions

Is First Bancshares Inc (FBSI) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of $26.10 versus the last price from Oct 30, 2026 of $35.72, about 27% lower (overvalued).
What is the fair value of FBSI?
Our model-based fair value for First Bancshares Inc is $26.10 (as of Nov 9, 2026), built from audited fundamentals. Last price (from Oct 30, 2026): $35.72.
What is the quality score of FBSI?
First Bancshares Inc has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for First Bancshares Inc (FBSI)?
Our model-based price target is the fair value of $26.10 (as of Nov 9, 2026) from 6 valuation models. Cautious scenario $23.63, optimistic scenario $32.02. It is a calculation from audited fundamentals, not an analyst target.
What is the First Bancshares Inc stock forecast for 2026?
Our models put fair value at $26.10, about 27% lower versus the last price from Oct 30, 2026 of $35.72 (overvalued). Cautious scenario $23.63, optimistic scenario $32.02. The calculation is refreshed regularly with new filings.
What is the revenue of First Bancshares Inc (FBSI)?
First Bancshares Inc reported trailing-twelve-month revenue of about $28.3M (latest available figure, as of Nov 9, 2026).
What is the intrinsic value of First Bancshares Inc (FBSI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For First Bancshares Inc it is $26.10 per share (as of Nov 9, 2026), against a price of $35.72. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is First Bancshares Inc stock overvalued or undervalued in 2026?
As of Nov 9, 2026, FBSI trades above its calculated fair value: price $35.72, fair value $26.10, a gap of about −27% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of FBSI?
No. The price is what the market pays today ($35.72); the fair value is what the company's own numbers justify ($26.10). For First Bancshares Inc the two are $9.62 per share apart. That gap is exactly why we show both numbers side by side.
How much is First Bancshares Inc worth?
The market values First Bancshares Inc at about $86.2M (market capitalisation, as of Nov 9, 2026). Per share that is $35.72; our models calculate a fair value of $26.10 per share.
What do the bullish and bearish scenarios say about FBSI?
Our models span a range for First Bancshares Inc: cautious scenario $23.63, base $26.10, optimistic $32.02 per share (as of Nov 9, 2026, price $35.72). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of FBSI?
First Bancshares Inc trades at a price-to-earnings ratio of 9.7 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $26.10 is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings: 8.7. Other multiples: P/B 1.3, P/S 3.0.
How solid is the balance sheet of First Bancshares Inc (FBSI)?
Balance-sheet figures for First Bancshares Inc (as of Nov 9, 2026): return on equity 12.7%, debt of 0.11 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is FBSI from its 52-week high?
First Bancshares Inc trades at $35.72, at its 52-week high of $35.72 and 27% above the low of $28.05 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $26.10 is for.
Which stocks are comparable to First Bancshares Inc?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is First Bancshares Inc stock attractive at the current price?
The data as of Nov 9, 2026: price $35.72, calculated fair value $26.10 (−27%), Quality Score 57/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of FBSI calculated?
We run First Bancshares Inc through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $26.10 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. First Bancshares Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of First Bancshares Inc (FBSI)?
The latest price we hold is from Oct 30, 2026 and stands at $35.72. Our model-based fair value is $26.10, about 27% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with First Bancshares Inc right now?
The price sits above even our optimistic bull case ($32.02). The favourable scenario is already priced in. Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Key figures of First Bancshares Inc

How large is the market capitalisation of First Bancshares Inc (FBSI)?
The market capitalisation of First Bancshares Inc is $86.2M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of First Bancshares Inc (FBSI)?
The price-to-sales ratio of First Bancshares Inc is 3.05 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of First Bancshares Inc (FBSI)?
Earnings per share at First Bancshares Inc are $3.68 (price ÷ EPS = P/E 9.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of First Bancshares Inc (FBSI)?
The net margin of First Bancshares Inc is 31.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of First Bancshares Inc (FBSI)?
The return on equity (ROE) of First Bancshares Inc is 12.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of First Bancshares Inc (FBSI)?
On an EBIT basis the return on assets of First Bancshares Inc is 0.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of First Bancshares Inc (FBSI)?
The operating margin of First Bancshares Inc is 40.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at First Bancshares Inc (FBSI)?
Revenue at First Bancshares Inc is growing +23.2% versus a year earlier (3y avg +10.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at First Bancshares Inc (FBSI)?
Earnings per share at First Bancshares Inc are growing +26.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does First Bancshares Inc (FBSI) generate?
The free cash flow of First Bancshares Inc is $8.7M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does First Bancshares Inc (FBSI) carry?
The net debt of First Bancshares Inc is $1.7M (fiscal year 2023, ≈ 0.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch First Bancshares Inc in the live analysis

One click puts First Bancshares Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.