View ValuationFirst Guaranty Bancshares 향후 성장Future 기준 점검 3/6First Guaranty Bancshares의 수익이 할 전망입니다. 주당 순이익은 성장 연간 148.2%만큼 감소할 것으로 예상됩니다.핵심 정보147.7%이익 성장률148.25%EPS 성장률Banks 이익 성장8.4%매출 성장률n/a향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트26 Feb 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesDeclared Dividend • Jun 15First quarter dividend of US$0.01 announcedShareholders will receive a dividend of US$0.01. Ex-date: 26th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.8%.공시 • Apr 22First Guaranty Bancshares, Inc., Annual General Meeting, May 21, 2026First Guaranty Bancshares, Inc., Annual General Meeting, May 21, 2026. Location: fgb center, 206 south orange street, louisiana, hammond, United States공시 • Apr 08First Guaranty Bancshares, Inc. announced that it has received $1.28293 million in fundingOn April 7, 2026, First Guaranty Bancshares, Inc. closed the transaction.공시 • Jan 29First Guaranty Bancshares, Inc. Reports Charge-Offs for the Fourth Quarter Ended December 31, 2025First Guaranty Bancshares, Inc. reported charge-offs for the fourth quarter ended December 31, 2025. The company reported Charge-offs were $47.8 million for the fourth quarter of 2025 and $4.9 million for the same period in 2024.공시 • Jan 15First Guaranty Bancshares, Inc. announced that it has received $2.378624 million in fundingOn January 14, 2026, the First Guaranty Bancshares, Inc closed the transaction.공시 • Nov 11First Guaranty Bancshares, Inc. announced delayed 10-Q filingOn 11/10/2025, First Guaranty Bancshares, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Aug 12First Guaranty Bancshares, Inc. announced delayed 10-Q filingOn 08/11/2025, First Guaranty Bancshares, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Aug 01First Guaranty Bancshares, Inc. Reports Charge-Offs Results for the Second Quarter Ended June 30, 2025First Guaranty Bancshares, Inc. reported charge-offs results for the second quarter ended June 30, 2025. For the quarter, the company reported charge-offs were $1.1 million against $8.8 million during the same period in 2024.공시 • May 23First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2025On May 15, 2025 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.01 per share. The dividend will be payable to shareholders of record as of June 23, 2025 and is expected to be paid on June 30, 2025. This is the 128th consecutive quarterly dividend paid to common shareholders.공시 • Apr 21First Guaranty Bancshares, Inc., Annual General Meeting, May 15, 2025First Guaranty Bancshares, Inc., Annual General Meeting, May 15, 2025. Location: the fgb center, 206 south orange street, louisiana, hammond United States공시 • Jan 31First Guaranty Bancshares, Inc. Announces Charge-Offs for the Fourth Quarter of 2024First Guaranty Bancshares, Inc. announced charge-offs for the fourth quarter of 2024. The company charged off charged off $4.9 million in loan balances during the fourth quarter of 2024.공시 • Dec 27First Guaranty Bancshares, Inc. Elects Bruce Mcanally to the Board of DirectorsFirst Guaranty Bancshares, Inc. elected Mr. Bruce McAnally to the Board of Directors for First Guaranty on December 19, 2024. Mr. McAnally has not been appointed to serve on any committees and there is no expectation that he will be appointed to any particular committee at this time. Mr. McAnally is not a party to any transaction with First Guaranty or First Guaranty Bank that would require disclosure under Item 404(a) of Securities and Exchange Commission Regulation S-K. Mr. McAnally joined the Bank's Board of Directors in June 2017 with the acquisition of Synergy Bank where he served as Chairman of the Board. Mr. McAnally is a registered pharmacist and independent pharmacy owner residing in Austin, TX. He currently serves as founder and director of RxPreferred Benefits in Nashville, TN and as director of Best Value Pharmacies in Ft. Worth, TX; and was a founder of Paragon Healthcare in Dallas, TX.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.11 (vs US$0.10 in 3Q 2023)Third quarter 2024 results: EPS: US$0.11 (up from US$0.10 in 3Q 2023). Revenue: US$22.2m (flat on 3Q 2023). Net income: US$1.35m (up 13% from 3Q 2023). Profit margin: 6.1% (up from 5.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 13Upcoming dividend of US$0.08 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.6%).Declared Dividend • Aug 26Second quarter dividend of US$0.08 announcedShareholders will receive a dividend of US$0.08. Ex-date: 20th September 2024 Payment date: 30th September 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 7.2% over the next year. However, it would need to fall by 17% to increase the payout ratio to a potentially unsustainable range.공시 • Aug 22First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 30, 2024On August 15, 2024 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.08 per share. The dividend will be payable to shareholders of record as of September 20, 2024 and is expected to be paid on September 30, 2024.공시 • Jul 26First Guaranty Bancshares, Inc. Announces Charge-Offs for the Second Quarter Ended June 30, 2024First Guaranty Bancshares, Inc. announced charge-offs for the second quarter ended June 30, 2024. The company charged off $8.8 million in loan balances during the second quarter of 2024.Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: US$0.53 (vs US$0.19 in 2Q 2023)Second quarter 2024 results: EPS: US$0.53 (up from US$0.19 in 2Q 2023). Revenue: US$30.0m (up 29% from 2Q 2023). Net income: US$6.62m (up 216% from 2Q 2023). Profit margin: 22% (up from 9.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Declared Dividend • Jun 24First quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 25th June 2024 Payment date: 28th June 2024 Dividend yield will be 7.4%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 19% over the last 5 years so the company would need to reverse this trend.공시 • Jun 15First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 28, 2024On June 14, 2024 the Board of Directors of First Guaranty Bancshares, Inc. declared a quarterly cash dividend on First Guaranty’s outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of June 25, 2024 and is expected to be paid on June 28, 2024.공시 • May 31First Guaranty Bancshares, Inc. and First Guaranty Bank Announces Chief Executive Officer ChangesFirst Guaranty Bancshares, Inc. announced that Alton Lewis will retire from his role as Chief Executive Officer of First Guaranty Bancshares, Inc. and First Guaranty Bank in May, 2024, after a dynamic and successful tenure. Mr. Lewis has been a part of the First Guaranty family for over three decades. He began his service as Board member in 1988 and became President and CEO in 2009. Under his leadership, First Guaranty grew from a $931 million institution to what it is now, $3.6 billion. Mr. Lewis was also instrumental in coordinating the IPO of the First Guaranty stock, in 2015. Additional notable achievements are that he successfully led his team through the COVID pandemic, maintaining consistent operations of all bank functions. These achievements, plus his focus on developing future leaders, position First Guaranty for continued success. Mr. Lewis will continue to be a presence at First Guaranty as he will continue to serve as Vice Chairman of the Holding Company and Bank Board of Directors. Michael Mineer will become the First Guaranty Bancshares, Inc. and First Guaranty Bank next CEO. Mr. Mineer is already part of the First Guaranty family as the Mideast Area President and brings over 35 years of banking experience to his new role.공시 • May 30First Guaranty Bancshares, Inc. and First Guaranty Bank Announces President ChangesFirst Guaranty Bancshares, Inc. announced that Alton Lewis will retire from his role as President of First Guaranty Bancshares, Inc. and First Guaranty Bank in May, 2024, after a dynamic and successful tenure. Mr. Lewis has been a part of the First Guaranty family for over three decades. He began his service as Board member in 1988 and became President and CEO in 2009. Under his leadership, First Guaranty grew from a $931 million institution to what it is now, $3.6 billion. Mr. Lewis was also instrumental in coordinating the IPO of the First Guaranty stock, in 2015. Additional notable achievements are that he successfully led his team through the COVID pandemic, maintaining consistent operations of all bank functions. These achievements, plus his focus on developing future leaders, position First Guaranty for continued success. Mr. Lewis will continue to be a presence at First Guaranty as he will continue to serve as Vice Chairman of the Holding Company and Bank Board of Directors. Michael Mineer will become the First Guaranty Bancshares, Inc. and First Guaranty Bank next President. Mr. Mineer is already part of the First Guaranty family as the Mideast Area President and brings over 35 years of banking experience to his new role.New Risk • May 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (130% payout ratio). Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (6.5% net profit margin). Shareholders have been diluted in the past year (17% increase in shares outstanding).Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: US$0.14 (vs US$0.27 in 1Q 2023)First quarter 2024 results: EPS: US$0.14 (down from US$0.27 in 1Q 2023). Revenue: US$21.9m (down 11% from 1Q 2023). Net income: US$1.73m (down 40% from 1Q 2023). Profit margin: 7.9% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.공시 • Apr 13First Guaranty Bancshares, Inc., Annual General Meeting, May 16, 2024First Guaranty Bancshares, Inc., Annual General Meeting, May 16, 2024, at 14:00 Central Standard Time. Location: FGB Center, 206 South Orange Street, Hammond Louisiana United States Agenda: To elect the Board of Directors to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualified; to approve an advisory, non-binding resolution regarding our executive compensation as described in this Proxy Statement; to ratify the appointment of Griffith, DeLaney, Hillman & Lett, CPAs, PSC as First Guaranty's independent registered public accounting firm for the year ending December 31, 2024; and to transact such other business as may properly come before the Meeting or any adjournment or postponement thereof.Reported Earnings • Mar 19Full year 2023 earnings released: EPS: US$0.62 (vs US$2.48 in FY 2022)Full year 2023 results: EPS: US$0.62 (down from US$2.48 in FY 2022). Revenue: US$91.6m (down 15% from FY 2022). Net income: US$6.89m (down 74% from FY 2022). Profit margin: 7.5% (down from 25% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 2.69% (down from 3.47% in FY 2022). Cost-to-income ratio: 82.9% (up from 63.3% in FY 2022). Non-performing loans: 1.47% (up from 0.58% in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year.Upcoming Dividend • Mar 14Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 21 March 2024. Payment date: 29 March 2024. Trailing yield: 5.8%. Within top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.7%).Declared Dividend • Feb 26Fourth quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 21st March 2024 Payment date: 29th March 2024 Dividend yield will be 6.5%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio). However, the dividend is expected to be covered in 3 years' time (67% forecast payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 50% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Feb 07Full year 2023 earnings released: EPS: US$0.62 (vs US$2.48 in FY 2022)Full year 2023 results: EPS: US$0.62 (down from US$2.48 in FY 2022). Revenue: US$91.6m (down 15% from FY 2022). Net income: US$6.89m (down 74% from FY 2022). Profit margin: 7.5% (down from 25% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 2.69% (down from 3.47% in FY 2022). Non-performing loans: 1.47% (up from 0.58% in FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €10.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 7x in the Banks industry in Europe. Total loss to shareholders of 18% over the past three years.Upcoming Dividend • Dec 14Upcoming dividend of US$0.16 per share at 6.0% yieldEligible shareholders must have bought the stock before 21 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Within top quartile of German dividend payers (5.2%). In line with average of industry peers (6.3%).공시 • Nov 22First Guaranty Bancshares, Inc. Declares a Quarterly Cash Dividend, Payable on December 29, 2023On November 16, 2023 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of December 22, 2023 and is expected to be paid on December 29, 2023. This is the 122nd consecutive quarterly dividend paid to common shareholders.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: US$0.10 (vs US$0.70 in 3Q 2022)Third quarter 2023 results: EPS: US$0.10 (down from US$0.70 in 3Q 2022). Revenue: US$22.3m (down 20% from 3Q 2022). Net income: US$1.19m (down 84% from 3Q 2022). Profit margin: 5.3% (down from 27% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.Upcoming Dividend • Sep 14Upcoming dividend of US$0.16 per share at 5.7% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.9%). In line with average of industry peers (6.2%).공시 • Aug 22First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 29, 2023On August 17, 2023, the Board of Directors of First Guaranty Bancshares, Inc. declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of September 22, 2023 and is expected to be paid on September 29, 2023.New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 27% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (17% net profit margin). Shareholders have been diluted in the past year (6.7% increase in shares outstanding).Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: US$0.19 (vs US$0.70 in 2Q 2022)Second quarter 2023 results: EPS: US$0.19 (down from US$0.70 in 2Q 2022). Revenue: US$23.2m (down 18% from 2Q 2022). Net income: US$2.09m (down 72% from 2Q 2022). Profit margin: 9.0% (down from 27% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.New Risk • Jun 29New major risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (6.7% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jun 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €9.65, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 9.2% over the past three years.공시 • Jun 25+ 3 more updatesFirst Guaranty Bancshares, Inc.(NasdaqGM:FGBI) dropped from Russell Small Cap Comp Growth IndexFirst Guaranty Bancshares, Inc.(NasdaqGM:FGBI) dropped from Russell Small Cap Comp Growth IndexUpcoming Dividend • Jun 15Upcoming dividend of US$0.16 per share at 4.9% yieldEligible shareholders must have bought the stock before 22 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.2%).Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 46% over the past three years.공시 • May 25First Guaranty Bancshares, Inc. announced that it has received $10.000004 million in fundingFirst Guaranty Bancshares, Inc. announced that it has issued 714,286 common shares at a price of $14 per share for the gross proceeds of $10,000,004 on May 23, 2023. The transaction included participation from accredited investors and board of directors of the company. The transaction has been approved by the board of directors of the company. The company will issue securities pursuant to exemption provided under Regulation D.공시 • May 23First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2023On May 18, 2023, the Board of Directors of First Guaranty Bancshares, Inc. declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of June 23, 2023 and is expected to be paid on June 30, 2023. This is the 120th consecutive quarterly dividend paid to common shareholders.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €12.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 22% over the past three years.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: US$2.48 (vs US$2.42 in FY 2021)Full year 2022 results: EPS: US$2.48 (up from US$2.42 in FY 2021). Revenue: US$107.4m (up 9.2% from FY 2021). Net income: US$26.6m (up 2.5% from FY 2021). Profit margin: 25% (down from 26% in FY 2021). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 3.47% (up from 3.44% in FY 2021). Cost-to-income ratio: 63.3% (no change from 63.3% in FY 2021). Non-performing loans: 0.58% (down from 0.83% in FY 2021). Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 16Upcoming dividend of US$0.16 per share at 4.1% yieldEligible shareholders must have bought the stock before 23 March 2023. Payment date: 31 March 2023. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €15.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 48% over the past three years.공시 • Feb 18First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2023On February 16, 2023, the Board of Directors of First Guaranty Bancshares, Inc. declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of March 24, 2023 and is expected to be paid on March 31, 2023. This is the 119th consecutive quarterly dividend paid to common shareholders.Reported Earnings • Feb 02Full year 2022 earnings released: EPS: US$2.48 (vs US$2.42 in FY 2021)Full year 2022 results: EPS: US$2.48 (up from US$2.42 in FY 2021). Revenue: US$107.4m (up 9.2% from FY 2021). Net income: US$26.6m (up 2.5% from FY 2021). Profit margin: 25% (down from 26% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 15Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 22 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.1%).Recent Insider Transactions • Nov 16Independent Chairman of the Board recently sold €182k worth of stockOn the 14th of November, Marshall Reynolds sold around 8k shares on-market at roughly €23.20 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Marshall has been a net seller over the last 12 months, reducing personal holdings by €351k.Board Change • Oct 31High number of new directorsDirector Vanessa Drew was the last director to join the board, commencing their role in 2022.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: US$0.70 (vs US$0.67 in 3Q 2021)Third quarter 2022 results: EPS: US$0.70 (up from US$0.67 in 3Q 2021). Revenue: US$28.0m (up 9.3% from 3Q 2021). Net income: US$7.47m (up 3.6% from 3Q 2021). Profit margin: 27% (down from 28% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 15Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.3%).Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: US$0.70 (vs US$0.58 in 2Q 2021)Second quarter 2022 results: EPS: US$0.70 (up from US$0.58 in 2Q 2021). Revenue: US$28.1m (up 16% from 2Q 2021). Net income: US$7.54m (up 21% from 2Q 2021). Profit margin: 27% (up from 26% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 16Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.7%).Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: US$0.65 (vs US$0.47 in 1Q 2021)First quarter 2022 results: EPS: US$0.65 (up from US$0.47 in 1Q 2021). Revenue: US$26.3m (up 23% from 1Q 2021). Net income: US$7.00m (up 39% from 1Q 2021). Profit margin: 27% (up from 24% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 22%, compared to a 8.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Jack Rossi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$2.42. Revenue: US$98.3m (up 18% from FY 2020). Net income: US$25.9m (up 28% from FY 2020). Profit margin: 26% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.44% (up from 3.36% in FY 2020). Cost-to-income ratio: 63.3% (down from 68.4% in FY 2020). Non-performing loans: 0.83% (down from 1.55% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 8.9% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 11Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 18 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.5%). Lower than average of industry peers (6.2%).Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$2.42 (up from US$1.90 in FY 2020). Revenue: US$98.3m (up 18% from FY 2020). Net income: US$25.9m (up 28% from FY 2020). Profit margin: 26% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 15Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 22 December 2021. Payment date: 31 December 2021. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.4%).Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS US$0.74 (vs US$0.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$25.6m (up 22% from 3Q 2020). Net income: US$7.21m (up 39% from 3Q 2020). Profit margin: 28% (up from 25% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 10Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 30 September 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.3%).Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS US$0.64 (vs US$0.53 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: US$24.1m (up 19% from 2Q 2020). Net income: US$6.21m (up 20% from 2Q 2020). Profit margin: 26% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Jun 17Independent Director recently bought €66k worth of stockOn the 9th of June, Edgar Smith bought around 4k shares on-market at roughly €15.88 per share. In the last 3 months, there was an even bigger purchase from another insider worth €68k. Insiders have collectively bought €288k more in shares than they have sold in the last 12 months.Upcoming Dividend • Jun 12Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 18 June 2021. Payment date: 30 June 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.7%).Recent Insider Transactions • Jun 04Independent Director recently bought €58k worth of stockOn the 26th of May, William Hood bought around 4k shares on-market at roughly €15.84 per share. In the last 3 months, they made an even bigger purchase worth €68k. Insiders have collectively bought €296k more in shares than they have sold in the last 12 months.Recent Insider Transactions • May 29Independent Director recently bought €68k worth of stockOn the 25th of May, William Hood bought around 4k shares on-market at roughly €15.81 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €242k more in shares than they have sold in the last 12 months.Reported Earnings • May 15First quarter 2021 earnings released: EPS US$0.52 (vs US$0.39 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$21.3m (up 12% from 1Q 2020). Net income: US$5.02m (up 31% from 1Q 2020). Profit margin: 24% (up from 20% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS US$0.52 (vs US$0.39 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$21.3m (up 12% from 1Q 2020). Net income: US$5.02m (up 31% from 1Q 2020). Profit margin: 24% (up from 20% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 18Full year 2020 earnings released: EPS US$2.09 (vs US$1.47 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$83.6m (up 28% from FY 2019). Net income: US$20.3m (up 43% from FY 2019). Profit margin: 24% (up from 22% in FY 2019). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.36% (down from 3.42% in FY 2019). Cost-to-income ratio: 68.4% (up from 66.8% in FY 2019). Non-performing loans: 1.55% (up from 1.11% in FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 12New 90-day high: €16.30The company is up 16% from its price of €14.10 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.49 per share.Upcoming Dividend • Mar 12Upcoming Dividend of US$0.16 Per ShareWill be paid on the 31st of March to those who are registered shareholders by the 19th of March. The trailing yield of 3.3% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (4.0%).Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$16.30, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 8.1x. This compares to an average P/E of 13x in the Banks industry in Europe. Total return to shareholders over the past three years is a loss of 5.2%.Reported Earnings • Feb 07Full year 2020 earnings released: EPS US$2.09 (vs US$1.47 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$83.6m (up 28% from FY 2019). Net income: US$20.3m (up 43% from FY 2019). Profit margin: 24% (up from 22% in FY 2019). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.36% (down from 3.42% in FY 2019). Non-performing loans: 1.55% (up from 1.11% in FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Dec 22New 90-day high: €16.00The company is up 62% from its price of €9.90 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 19% over the same period.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS US$0.53The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$21.0m (up 30% from 3Q 2019). Net income: US$5.18m (up 35% from 3Q 2019). Profit margin: 25% (up from 24% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 25% share price gain to US$14.70, the stock is trading at a trailing P/E ratio of 9.2x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 10x in the Banks industry in Europe. Total return to shareholders over the past three years is a loss of 8.6%.Is New 90 Day High Low • Nov 07New 90-day high: €13.00The company is up 27% from its price of €10.20 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is down 8.0% over the same period.Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS US$0.53The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$21.0m (up 30% from 3Q 2019). Net income: US$5.18m (up 35% from 3Q 2019). Profit margin: 25% (up from 24% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.이익 및 매출 성장 예측DB:1GJ - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/202624-49N/AN/AN/A12/31/202514-58-10-8N/A9/30/202513-603435N/A6/30/202559-131011N/A3/31/20258123537N/A12/31/202493103134N/A9/30/202495101828N/A6/30/20249610620N/A3/31/2024896420N/A12/31/2023927722N/A9/30/20239511312N/A6/30/2023101172328N/A3/31/2023106222933N/A12/31/2022107273437N/A9/30/2022110294951N/A6/30/2022107294849N/A3/31/2022103282829N/A12/31/202198262427N/A9/30/202194251418N/A6/30/20219023914N/A3/31/202186222025N/A12/31/202084201724N/A9/30/202079181422N/A6/30/202074171323N/A3/31/202069151526N/A12/31/20196514N/A29N/A9/30/20196113N/A28N/A6/30/20196112N/A26N/A3/31/20196114N/A26N/A12/31/20186114N/A27N/A9/30/20186214N/A24N/A6/30/20186114N/A23N/A3/31/20185812N/A17N/A12/31/20175812N/A12N/A9/30/20175512N/A14N/A6/30/20175413N/A15N/A3/31/20175514N/A17N/A12/31/20165414N/A22N/A9/30/20165414N/A24N/A6/30/20165415N/A20N/A3/31/20165214N/A19N/A12/31/20155314N/A17N/A9/30/20155214N/A13N/A6/30/20155113N/A16N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 1GJ 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1.9%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: 1GJ (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: 1GJ 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: 1GJ 의 수익이 German 시장보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 매출: 1GJ 의 수익이 연간 20%보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 1GJ의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/17 13:54종가2026/06/17 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스First Guaranty Bancshares, Inc.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Casey Orr WhitmanPiper Sandler Companies
Declared Dividend • Jun 15First quarter dividend of US$0.01 announcedShareholders will receive a dividend of US$0.01. Ex-date: 26th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 4.8%.
공시 • Apr 22First Guaranty Bancshares, Inc., Annual General Meeting, May 21, 2026First Guaranty Bancshares, Inc., Annual General Meeting, May 21, 2026. Location: fgb center, 206 south orange street, louisiana, hammond, United States
공시 • Apr 08First Guaranty Bancshares, Inc. announced that it has received $1.28293 million in fundingOn April 7, 2026, First Guaranty Bancshares, Inc. closed the transaction.
공시 • Jan 29First Guaranty Bancshares, Inc. Reports Charge-Offs for the Fourth Quarter Ended December 31, 2025First Guaranty Bancshares, Inc. reported charge-offs for the fourth quarter ended December 31, 2025. The company reported Charge-offs were $47.8 million for the fourth quarter of 2025 and $4.9 million for the same period in 2024.
공시 • Jan 15First Guaranty Bancshares, Inc. announced that it has received $2.378624 million in fundingOn January 14, 2026, the First Guaranty Bancshares, Inc closed the transaction.
공시 • Nov 11First Guaranty Bancshares, Inc. announced delayed 10-Q filingOn 11/10/2025, First Guaranty Bancshares, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Aug 12First Guaranty Bancshares, Inc. announced delayed 10-Q filingOn 08/11/2025, First Guaranty Bancshares, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Aug 01First Guaranty Bancshares, Inc. Reports Charge-Offs Results for the Second Quarter Ended June 30, 2025First Guaranty Bancshares, Inc. reported charge-offs results for the second quarter ended June 30, 2025. For the quarter, the company reported charge-offs were $1.1 million against $8.8 million during the same period in 2024.
공시 • May 23First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2025On May 15, 2025 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.01 per share. The dividend will be payable to shareholders of record as of June 23, 2025 and is expected to be paid on June 30, 2025. This is the 128th consecutive quarterly dividend paid to common shareholders.
공시 • Apr 21First Guaranty Bancshares, Inc., Annual General Meeting, May 15, 2025First Guaranty Bancshares, Inc., Annual General Meeting, May 15, 2025. Location: the fgb center, 206 south orange street, louisiana, hammond United States
공시 • Jan 31First Guaranty Bancshares, Inc. Announces Charge-Offs for the Fourth Quarter of 2024First Guaranty Bancshares, Inc. announced charge-offs for the fourth quarter of 2024. The company charged off charged off $4.9 million in loan balances during the fourth quarter of 2024.
공시 • Dec 27First Guaranty Bancshares, Inc. Elects Bruce Mcanally to the Board of DirectorsFirst Guaranty Bancshares, Inc. elected Mr. Bruce McAnally to the Board of Directors for First Guaranty on December 19, 2024. Mr. McAnally has not been appointed to serve on any committees and there is no expectation that he will be appointed to any particular committee at this time. Mr. McAnally is not a party to any transaction with First Guaranty or First Guaranty Bank that would require disclosure under Item 404(a) of Securities and Exchange Commission Regulation S-K. Mr. McAnally joined the Bank's Board of Directors in June 2017 with the acquisition of Synergy Bank where he served as Chairman of the Board. Mr. McAnally is a registered pharmacist and independent pharmacy owner residing in Austin, TX. He currently serves as founder and director of RxPreferred Benefits in Nashville, TN and as director of Best Value Pharmacies in Ft. Worth, TX; and was a founder of Paragon Healthcare in Dallas, TX.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.11 (vs US$0.10 in 3Q 2023)Third quarter 2024 results: EPS: US$0.11 (up from US$0.10 in 3Q 2023). Revenue: US$22.2m (flat on 3Q 2023). Net income: US$1.35m (up 13% from 3Q 2023). Profit margin: 6.1% (up from 5.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 13Upcoming dividend of US$0.08 per shareEligible shareholders must have bought the stock before 20 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.6%).
Declared Dividend • Aug 26Second quarter dividend of US$0.08 announcedShareholders will receive a dividend of US$0.08. Ex-date: 20th September 2024 Payment date: 30th September 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 7.2% over the next year. However, it would need to fall by 17% to increase the payout ratio to a potentially unsustainable range.
공시 • Aug 22First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 30, 2024On August 15, 2024 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.08 per share. The dividend will be payable to shareholders of record as of September 20, 2024 and is expected to be paid on September 30, 2024.
공시 • Jul 26First Guaranty Bancshares, Inc. Announces Charge-Offs for the Second Quarter Ended June 30, 2024First Guaranty Bancshares, Inc. announced charge-offs for the second quarter ended June 30, 2024. The company charged off $8.8 million in loan balances during the second quarter of 2024.
Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: US$0.53 (vs US$0.19 in 2Q 2023)Second quarter 2024 results: EPS: US$0.53 (up from US$0.19 in 2Q 2023). Revenue: US$30.0m (up 29% from 2Q 2023). Net income: US$6.62m (up 216% from 2Q 2023). Profit margin: 22% (up from 9.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jun 24First quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 25th June 2024 Payment date: 28th June 2024 Dividend yield will be 7.4%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 19% over the last 5 years so the company would need to reverse this trend.
공시 • Jun 15First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 28, 2024On June 14, 2024 the Board of Directors of First Guaranty Bancshares, Inc. declared a quarterly cash dividend on First Guaranty’s outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of June 25, 2024 and is expected to be paid on June 28, 2024.
공시 • May 31First Guaranty Bancshares, Inc. and First Guaranty Bank Announces Chief Executive Officer ChangesFirst Guaranty Bancshares, Inc. announced that Alton Lewis will retire from his role as Chief Executive Officer of First Guaranty Bancshares, Inc. and First Guaranty Bank in May, 2024, after a dynamic and successful tenure. Mr. Lewis has been a part of the First Guaranty family for over three decades. He began his service as Board member in 1988 and became President and CEO in 2009. Under his leadership, First Guaranty grew from a $931 million institution to what it is now, $3.6 billion. Mr. Lewis was also instrumental in coordinating the IPO of the First Guaranty stock, in 2015. Additional notable achievements are that he successfully led his team through the COVID pandemic, maintaining consistent operations of all bank functions. These achievements, plus his focus on developing future leaders, position First Guaranty for continued success. Mr. Lewis will continue to be a presence at First Guaranty as he will continue to serve as Vice Chairman of the Holding Company and Bank Board of Directors. Michael Mineer will become the First Guaranty Bancshares, Inc. and First Guaranty Bank next CEO. Mr. Mineer is already part of the First Guaranty family as the Mideast Area President and brings over 35 years of banking experience to his new role.
공시 • May 30First Guaranty Bancshares, Inc. and First Guaranty Bank Announces President ChangesFirst Guaranty Bancshares, Inc. announced that Alton Lewis will retire from his role as President of First Guaranty Bancshares, Inc. and First Guaranty Bank in May, 2024, after a dynamic and successful tenure. Mr. Lewis has been a part of the First Guaranty family for over three decades. He began his service as Board member in 1988 and became President and CEO in 2009. Under his leadership, First Guaranty grew from a $931 million institution to what it is now, $3.6 billion. Mr. Lewis was also instrumental in coordinating the IPO of the First Guaranty stock, in 2015. Additional notable achievements are that he successfully led his team through the COVID pandemic, maintaining consistent operations of all bank functions. These achievements, plus his focus on developing future leaders, position First Guaranty for continued success. Mr. Lewis will continue to be a presence at First Guaranty as he will continue to serve as Vice Chairman of the Holding Company and Bank Board of Directors. Michael Mineer will become the First Guaranty Bancshares, Inc. and First Guaranty Bank next President. Mr. Mineer is already part of the First Guaranty family as the Mideast Area President and brings over 35 years of banking experience to his new role.
New Risk • May 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (130% payout ratio). Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (6.5% net profit margin). Shareholders have been diluted in the past year (17% increase in shares outstanding).
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: US$0.14 (vs US$0.27 in 1Q 2023)First quarter 2024 results: EPS: US$0.14 (down from US$0.27 in 1Q 2023). Revenue: US$21.9m (down 11% from 1Q 2023). Net income: US$1.73m (down 40% from 1Q 2023). Profit margin: 7.9% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
공시 • Apr 13First Guaranty Bancshares, Inc., Annual General Meeting, May 16, 2024First Guaranty Bancshares, Inc., Annual General Meeting, May 16, 2024, at 14:00 Central Standard Time. Location: FGB Center, 206 South Orange Street, Hammond Louisiana United States Agenda: To elect the Board of Directors to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualified; to approve an advisory, non-binding resolution regarding our executive compensation as described in this Proxy Statement; to ratify the appointment of Griffith, DeLaney, Hillman & Lett, CPAs, PSC as First Guaranty's independent registered public accounting firm for the year ending December 31, 2024; and to transact such other business as may properly come before the Meeting or any adjournment or postponement thereof.
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: US$0.62 (vs US$2.48 in FY 2022)Full year 2023 results: EPS: US$0.62 (down from US$2.48 in FY 2022). Revenue: US$91.6m (down 15% from FY 2022). Net income: US$6.89m (down 74% from FY 2022). Profit margin: 7.5% (down from 25% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 2.69% (down from 3.47% in FY 2022). Cost-to-income ratio: 82.9% (up from 63.3% in FY 2022). Non-performing loans: 1.47% (up from 0.58% in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year.
Upcoming Dividend • Mar 14Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 21 March 2024. Payment date: 29 March 2024. Trailing yield: 5.8%. Within top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.7%).
Declared Dividend • Feb 26Fourth quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 21st March 2024 Payment date: 29th March 2024 Dividend yield will be 6.5%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio). However, the dividend is expected to be covered in 3 years' time (67% forecast payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 50% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Feb 07Full year 2023 earnings released: EPS: US$0.62 (vs US$2.48 in FY 2022)Full year 2023 results: EPS: US$0.62 (down from US$2.48 in FY 2022). Revenue: US$91.6m (down 15% from FY 2022). Net income: US$6.89m (down 74% from FY 2022). Profit margin: 7.5% (down from 25% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 2.69% (down from 3.47% in FY 2022). Non-performing loans: 1.47% (up from 0.58% in FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €10.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 7x in the Banks industry in Europe. Total loss to shareholders of 18% over the past three years.
Upcoming Dividend • Dec 14Upcoming dividend of US$0.16 per share at 6.0% yieldEligible shareholders must have bought the stock before 21 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Within top quartile of German dividend payers (5.2%). In line with average of industry peers (6.3%).
공시 • Nov 22First Guaranty Bancshares, Inc. Declares a Quarterly Cash Dividend, Payable on December 29, 2023On November 16, 2023 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of December 22, 2023 and is expected to be paid on December 29, 2023. This is the 122nd consecutive quarterly dividend paid to common shareholders.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: US$0.10 (vs US$0.70 in 3Q 2022)Third quarter 2023 results: EPS: US$0.10 (down from US$0.70 in 3Q 2022). Revenue: US$22.3m (down 20% from 3Q 2022). Net income: US$1.19m (down 84% from 3Q 2022). Profit margin: 5.3% (down from 27% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.
Upcoming Dividend • Sep 14Upcoming dividend of US$0.16 per share at 5.7% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.9%). In line with average of industry peers (6.2%).
공시 • Aug 22First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 29, 2023On August 17, 2023, the Board of Directors of First Guaranty Bancshares, Inc. declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of September 22, 2023 and is expected to be paid on September 29, 2023.
New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 27% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (17% net profit margin). Shareholders have been diluted in the past year (6.7% increase in shares outstanding).
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: US$0.19 (vs US$0.70 in 2Q 2022)Second quarter 2023 results: EPS: US$0.19 (down from US$0.70 in 2Q 2022). Revenue: US$23.2m (down 18% from 2Q 2022). Net income: US$2.09m (down 72% from 2Q 2022). Profit margin: 9.0% (down from 27% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.
New Risk • Jun 29New major risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (6.7% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €9.65, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 9.2% over the past three years.
공시 • Jun 25+ 3 more updatesFirst Guaranty Bancshares, Inc.(NasdaqGM:FGBI) dropped from Russell Small Cap Comp Growth IndexFirst Guaranty Bancshares, Inc.(NasdaqGM:FGBI) dropped from Russell Small Cap Comp Growth Index
Upcoming Dividend • Jun 15Upcoming dividend of US$0.16 per share at 4.9% yieldEligible shareholders must have bought the stock before 22 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.2%).
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 46% over the past three years.
공시 • May 25First Guaranty Bancshares, Inc. announced that it has received $10.000004 million in fundingFirst Guaranty Bancshares, Inc. announced that it has issued 714,286 common shares at a price of $14 per share for the gross proceeds of $10,000,004 on May 23, 2023. The transaction included participation from accredited investors and board of directors of the company. The transaction has been approved by the board of directors of the company. The company will issue securities pursuant to exemption provided under Regulation D.
공시 • May 23First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2023On May 18, 2023, the Board of Directors of First Guaranty Bancshares, Inc. declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of June 23, 2023 and is expected to be paid on June 30, 2023. This is the 120th consecutive quarterly dividend paid to common shareholders.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €12.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 22% over the past three years.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: US$2.48 (vs US$2.42 in FY 2021)Full year 2022 results: EPS: US$2.48 (up from US$2.42 in FY 2021). Revenue: US$107.4m (up 9.2% from FY 2021). Net income: US$26.6m (up 2.5% from FY 2021). Profit margin: 25% (down from 26% in FY 2021). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 3.47% (up from 3.44% in FY 2021). Cost-to-income ratio: 63.3% (no change from 63.3% in FY 2021). Non-performing loans: 0.58% (down from 0.83% in FY 2021). Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 16Upcoming dividend of US$0.16 per share at 4.1% yieldEligible shareholders must have bought the stock before 23 March 2023. Payment date: 31 March 2023. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €15.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 48% over the past three years.
공시 • Feb 18First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2023On February 16, 2023, the Board of Directors of First Guaranty Bancshares, Inc. declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of March 24, 2023 and is expected to be paid on March 31, 2023. This is the 119th consecutive quarterly dividend paid to common shareholders.
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: US$2.48 (vs US$2.42 in FY 2021)Full year 2022 results: EPS: US$2.48 (up from US$2.42 in FY 2021). Revenue: US$107.4m (up 9.2% from FY 2021). Net income: US$26.6m (up 2.5% from FY 2021). Profit margin: 25% (down from 26% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 15Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 22 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.1%).
Recent Insider Transactions • Nov 16Independent Chairman of the Board recently sold €182k worth of stockOn the 14th of November, Marshall Reynolds sold around 8k shares on-market at roughly €23.20 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Marshall has been a net seller over the last 12 months, reducing personal holdings by €351k.
Board Change • Oct 31High number of new directorsDirector Vanessa Drew was the last director to join the board, commencing their role in 2022.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: US$0.70 (vs US$0.67 in 3Q 2021)Third quarter 2022 results: EPS: US$0.70 (up from US$0.67 in 3Q 2021). Revenue: US$28.0m (up 9.3% from 3Q 2021). Net income: US$7.47m (up 3.6% from 3Q 2021). Profit margin: 27% (down from 28% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 15Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.3%).
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: US$0.70 (vs US$0.58 in 2Q 2021)Second quarter 2022 results: EPS: US$0.70 (up from US$0.58 in 2Q 2021). Revenue: US$28.1m (up 16% from 2Q 2021). Net income: US$7.54m (up 21% from 2Q 2021). Profit margin: 27% (up from 26% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 16Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.7%).
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: US$0.65 (vs US$0.47 in 1Q 2021)First quarter 2022 results: EPS: US$0.65 (up from US$0.47 in 1Q 2021). Revenue: US$26.3m (up 23% from 1Q 2021). Net income: US$7.00m (up 39% from 1Q 2021). Profit margin: 27% (up from 24% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 22%, compared to a 8.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Jack Rossi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$2.42. Revenue: US$98.3m (up 18% from FY 2020). Net income: US$25.9m (up 28% from FY 2020). Profit margin: 26% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.44% (up from 3.36% in FY 2020). Cost-to-income ratio: 63.3% (down from 68.4% in FY 2020). Non-performing loans: 0.83% (down from 1.55% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 8.9% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 11Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 18 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.5%). Lower than average of industry peers (6.2%).
Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$2.42 (up from US$1.90 in FY 2020). Revenue: US$98.3m (up 18% from FY 2020). Net income: US$25.9m (up 28% from FY 2020). Profit margin: 26% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 15Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 22 December 2021. Payment date: 31 December 2021. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.4%).
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS US$0.74 (vs US$0.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$25.6m (up 22% from 3Q 2020). Net income: US$7.21m (up 39% from 3Q 2020). Profit margin: 28% (up from 25% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 10Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 30 September 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.3%).
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS US$0.64 (vs US$0.53 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: US$24.1m (up 19% from 2Q 2020). Net income: US$6.21m (up 20% from 2Q 2020). Profit margin: 26% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Jun 17Independent Director recently bought €66k worth of stockOn the 9th of June, Edgar Smith bought around 4k shares on-market at roughly €15.88 per share. In the last 3 months, there was an even bigger purchase from another insider worth €68k. Insiders have collectively bought €288k more in shares than they have sold in the last 12 months.
Upcoming Dividend • Jun 12Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 18 June 2021. Payment date: 30 June 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.7%).
Recent Insider Transactions • Jun 04Independent Director recently bought €58k worth of stockOn the 26th of May, William Hood bought around 4k shares on-market at roughly €15.84 per share. In the last 3 months, they made an even bigger purchase worth €68k. Insiders have collectively bought €296k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • May 29Independent Director recently bought €68k worth of stockOn the 25th of May, William Hood bought around 4k shares on-market at roughly €15.81 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €242k more in shares than they have sold in the last 12 months.
Reported Earnings • May 15First quarter 2021 earnings released: EPS US$0.52 (vs US$0.39 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$21.3m (up 12% from 1Q 2020). Net income: US$5.02m (up 31% from 1Q 2020). Profit margin: 24% (up from 20% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS US$0.52 (vs US$0.39 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$21.3m (up 12% from 1Q 2020). Net income: US$5.02m (up 31% from 1Q 2020). Profit margin: 24% (up from 20% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 18Full year 2020 earnings released: EPS US$2.09 (vs US$1.47 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$83.6m (up 28% from FY 2019). Net income: US$20.3m (up 43% from FY 2019). Profit margin: 24% (up from 22% in FY 2019). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.36% (down from 3.42% in FY 2019). Cost-to-income ratio: 68.4% (up from 66.8% in FY 2019). Non-performing loans: 1.55% (up from 1.11% in FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 12New 90-day high: €16.30The company is up 16% from its price of €14.10 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.49 per share.
Upcoming Dividend • Mar 12Upcoming Dividend of US$0.16 Per ShareWill be paid on the 31st of March to those who are registered shareholders by the 19th of March. The trailing yield of 3.3% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (4.0%).
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$16.30, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 8.1x. This compares to an average P/E of 13x in the Banks industry in Europe. Total return to shareholders over the past three years is a loss of 5.2%.
Reported Earnings • Feb 07Full year 2020 earnings released: EPS US$2.09 (vs US$1.47 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$83.6m (up 28% from FY 2019). Net income: US$20.3m (up 43% from FY 2019). Profit margin: 24% (up from 22% in FY 2019). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.36% (down from 3.42% in FY 2019). Non-performing loans: 1.55% (up from 1.11% in FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Dec 22New 90-day high: €16.00The company is up 62% from its price of €9.90 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 19% over the same period.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS US$0.53The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$21.0m (up 30% from 3Q 2019). Net income: US$5.18m (up 35% from 3Q 2019). Profit margin: 25% (up from 24% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 25% share price gain to US$14.70, the stock is trading at a trailing P/E ratio of 9.2x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 10x in the Banks industry in Europe. Total return to shareholders over the past three years is a loss of 8.6%.
Is New 90 Day High Low • Nov 07New 90-day high: €13.00The company is up 27% from its price of €10.20 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is down 8.0% over the same period.
Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS US$0.53The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$21.0m (up 30% from 3Q 2019). Net income: US$5.18m (up 35% from 3Q 2019). Profit margin: 25% (up from 24% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.