The First Bancshares, Inc. | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Back to transactions
Joint Placement Agent

The First Bancshares, Inc.

$63.3 Million 10/14/2016 Depository Complete
Lead Banker: Brian Branson
Public Companies
Show Tombstone

Transaction Details

  • Capital raise announced in connection with the signing of agreements to acquire Iberville Bank and Gulf Coast Community Bank
  • 3.6 million shares of Series E Preferred Stock at$17.75 per share
  • Mandatorily convertible into common stock upon shareholder approval which is expected to occur at a shareholders’ meeting on December 7, 2017
  • Securities Purchase Agreements have been executed with a limited number of institutional investors and other accredited investors, including FBMS directors
  • The net proceeds will be used to finance a portion of the Iberville Bank transaction and related expenses, to support The First’s capital ratios in connection with both acquisitions and for general corporate purposes
Sources: Company filings, SNL Financial and publicly available information.
  1. Note: Financial information as of June 30, 2016

    This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.