Mendon Capital Advisors Corp buys $6,619,708 stake in First Bancshares Inc (FBMS)

First Bancshares Inc (FBMS) : Mendon Capital Advisors Corp scooped up 27,560 additional shares in First Bancshares Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 378,269 shares of First Bancshares Inc which is valued at $6,619,708.First Bancshares Inc makes up approximately 1.20% of Mendon Capital Advisors Corp’s portfolio.

Other Hedge Funds, Including , Rmb Capital Management boosted its stake in FBMS in the latest quarter, The investment management firm added 28,040 additional shares and now holds a total of 168,950 shares of First Bancshares Inc which is valued at $2,956,625. First Bancshares Inc makes up approx 0.20% of Rmb Capital Management’s portfolio.

First Bancshares Inc (FBMS) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $17.5 and reached the intraday high at $17.5. The bulls started the profit booking and pushed the shares to intraday low of $17.5. The trading session was marked by a volume range of 392 shares exchanging hands. The 52-week high of the shares is $19.32 and the 52-week low is $15.32. The market cap of the company stands at $96 M and there are 54,58,508 shares in public circulation.

The First Bancshares Inc. is a bank holding company for The First A National Banking Association (the Bank) located in Hattiesburg Mississippi. The Company and its subsidiary bank engage in a commercial and retail banking business for small to medium-sized businesses professional concerns and individuals. The First is a wholly owned subsidiary bank of the Company. It offers a range of deposit services and commercial and personal loans and The First offers products such as mortgage loans. The Bank services include on-line Internet banking services voice response telephone inquiry service commercial sweep accounts cash management services safe deposit boxes travelers checks direct deposit of payroll and social security checks and automatic drafts for various accounts. It also offers VISA and MasterCard credit card services through a correspondent bank. It provides a range of banking services in its primary market area of South Mississippi South Alabama and Louisiana.

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