First Bancshares Inc. (Bellevue OH)
First Bancshares, Inc. operates as the bank holding company for First National Bank that provides financial services to individuals and corporate customers in the United States. The company accepts checking, savings, and individual retirement accounts, as well as certificates of deposit. It also provides personal loans, such as mortgage, home equity, auto, and boat loans; and commercial loans, in… Read more
First Bancshares Inc. (Bellevue OH) (FIBH) - Total Assets
Latest total assets as of December 2024: $294.06 Million USD
Based on the latest financial reports, First Bancshares Inc. (Bellevue OH) (FIBH) holds total assets worth $294.06 Million USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
First Bancshares Inc. (Bellevue OH) - Total Assets Trend (2015–2024)
This chart illustrates how First Bancshares Inc. (Bellevue OH)’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Bancshares Inc. (Bellevue OH) - Asset Composition Analysis
Current Asset Composition (December 2024)
First Bancshares Inc. (Bellevue OH)'s total assets of $294.06 Million consist of 5.5% current assets and 94.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $924.11K | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how First Bancshares Inc. (Bellevue OH)'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Bancshares Inc. (Bellevue OH)'s current assets represent 5.5% of total assets in 2024, an increase from 3.5% in 2015.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, up from 3.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is intangible assets at 0.3% of total assets.
First Bancshares Inc. (Bellevue OH) Competitors by Total Assets
Key competitors of First Bancshares Inc. (Bellevue OH) based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
First Bancshares Inc. (Bellevue OH) - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - First Bancshares Inc. (Bellevue OH) generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, First Bancshares Inc. (Bellevue OH) generates $ 0.45 in net profit.
First Bancshares Inc. (Bellevue OH) - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.05 | 0.04 | 2.87 |
| Quick Ratio | 0.05 | 0.04 | 2.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-159.83 Million | $ -156.23 Million | $ 3.74 Million |
First Bancshares Inc. (Bellevue OH) - Advanced Valuation Insights
This section examines the relationship between First Bancshares Inc. (Bellevue OH)'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -1.8% |
| Total Assets | $294.06 Million |
| Market Capitalization | $22.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Bancshares Inc. (Bellevue OH)'s assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: First Bancshares Inc. (Bellevue OH)'s assets decreased by 1.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for First Bancshares Inc. (Bellevue OH) (2015–2024)
The table below shows the annual total assets of First Bancshares Inc. (Bellevue OH) from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $294.06 Million | -1.82% |
| 2023-12-31 | $299.50 Million | +0.80% |
| 2022-12-31 | $297.11 Million | -3.18% |
| 2021-12-31 | $306.88 Million | +7.15% |
| 2020-12-31 | $286.41 Million | +25.77% |
| 2019-12-31 | $227.72 Million | +2.17% |
| 2018-12-31 | $222.88 Million | +6.11% |
| 2017-12-31 | $210.04 Million | +3.66% |
| 2016-12-31 | $202.62 Million | +10.93% |
| 2015-12-31 | $182.66 Million | -- |