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First Guaranty Bancshares, Inc.NasdaqGM:FGBI Voorraadrapport

Marktkapitalisatie US$141.5m
Prijs aandeel
US$8.83
US$9
1.9% ondergewaardeerd intrinsieke korting
1Y-5.6%
7D-2.1%
1D
Portefeuillewaarde
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First Guaranty Bancshares, Inc.

NasdaqGM:FGBI Voorraadrapport

Marktkapitalisatie: US$141.5m

First Guaranty Bancshares (FGBI) Aandelenoverzicht

First Guaranty Bancshares, Inc. is de houdstermaatschappij van First Guaranty Bank die commerciële bankdiensten aanbiedt in Louisiana en Texas. Meer informatie

Beloningen

De winst zal naar verwachting met 147.71% per jaar groeien

Risicoanalyse

Aandeelhouders zijn het afgelopen jaar verwaterd


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First Guaranty Bancshares, Inc. Concurrenten

Prijsgeschiedenis en prestaties

Overzicht van hoogtepunten, dieptepunten en veranderingen in de aandelenkoersen voor First Guaranty Bancshares
Historische aandelenkoersen
Huidige aandelenkoersUS$8.83
52 Week HoogtepuntUS$10.08
52 Week LaagUS$4.31
Bèta0.45
1 maand verandering-3.18%
3 maanden verandering-2.81%
1 Jaar Verandering-5.56%
3 jaar verandering-33.46%
5 jaar verandering-50.72%
Verandering sinds IPO-6.87%

Recent nieuws en updates

Seeking Alpha • Feb 18

First Guaranty Bancshares: Preferred Yield Is Tempting, But More Improvement Needed

Summary First Guaranty Bancshares faces ongoing loan performance issues, prompting a sell rating on common shares and a hold on preferreds. FGBI's preferred shares yield 9.5% but remain risky due to non-cumulative structure and persistent credit quality concerns. Net interest margin and net interest income are at six-year lows, reflecting aggressive loan portfolio downsizing and asset yield compression. Deposit growth and a sharply reduced loan-to-deposit ratio provide future capital flexibility, but high nonperforming assets still threaten earnings stability. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Feb 18

First Guaranty Bancshares: Preferred Yield Is Tempting, But More Improvement Needed

Summary First Guaranty Bancshares faces ongoing loan performance issues, prompting a sell rating on common shares and a hold on preferreds. FGBI's preferred shares yield 9.5% but remain risky due to non-cumulative structure and persistent credit quality concerns. Net interest margin and net interest income are at six-year lows, reflecting aggressive loan portfolio downsizing and asset yield compression. Deposit growth and a sharply reduced loan-to-deposit ratio provide future capital flexibility, but high nonperforming assets still threaten earnings stability. Read the full article on Seeking Alpha
Seeking Alpha • Jan 08

First Guaranty Bancshares: Attractive Preferred Share, Yielding 8.5%

Summary First Guaranty Bancshares faced interest rate volatility but stabilized its net interest margin at around 2.5%. FGBI's deposit growth surged by 12% in Q3, reducing its loan-to-deposit ratio below 80%, and enabling it to pay off $60 million in debt. Risks include declining loan performance, a high concentration in commercial real estate loans, and an inadequate allowance for credit losses, impacting common shares. Despite challenges, the bank's preferred shares, FGBIP, remain a solid investment due to stable net interest income and proactive financial management. Read the full article on Seeking Alpha
Analyseartikel • Dec 21

First Guaranty Bancshares (NASDAQ:FGBI) Is Reducing Its Dividend To $0.01

First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) is reducing its dividend from last year's comparable payment to $0.01...
Seeking Alpha • Sep 20

First Guaranty Bancshares: Not The Right Time To Bank On This Prospect

Summary First Guaranty Bancshares has grown its balance sheet significantly, but rising debt and declining net interest margins have pressured its income statement. Despite trading at a substantial discount on a price-to-book basis, the bank's asset quality and profitability metrics are unimpressive. Management's cost-cutting measures are positive, but the impact of one-time gains and ongoing challenges temper my optimism. Shares are cheap, but without material improvements in the bottom line and interest rates, I rate First Guaranty Bancshares as a 'hold'. Read the full article on Seeking Alpha
Analyseartikel • Aug 23

First Guaranty Bancshares (NASDAQ:FGBI) Is Paying Out Less In Dividends Than Last Year

First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) is reducing its dividend to $0.08 on the 30th of Septemberwhich is 50...
Seeking Alpha • Jun 17

First Guaranty Bancshares: Get 8.8% Yield On Preferred Shares

Summary First Guaranty Bancshares, Inc. struggled with deposit issues and higher interest rates, leading to a decline in net interest income. The bank has shown improvement in deposit growth and loan stability over the past few quarters, reducing the need for additional financing beyond deposits. Risks to the bank include a high concentration of commercial real estate loans and eroding performance, making common shares more vulnerable than preferred shares. Read the full article on Seeking Alpha
Seeking Alpha • Jan 12

First Guaranty: A Solid Regional Bank Trading At A Huge Undervaluation

Summary First Guaranty Bancshares is a U.S. regional bank based in Louisiana that has been in operation since 1934. The bank's profitability has suffered in recent years, but its fundamental banking operations remain intact with macroeconomic pressures being primarily to blame. The bank is well-capitalized and has focused on increasing loan originations at higher interest rates, which should lead to future NIM growth. First Guaranty's loan and deposit portfolios look solid and do not expose the bank excessively to any poor lines of credit. A Strong Buy rating was issued with shares potentially trading at a 43% discount relative to intrinsic value. Read the full article on Seeking Alpha
Analyseartikel • Dec 13

First Guaranty Bancshares (NASDAQ:FGBI) Will Pay A Dividend Of $0.16

The board of First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) has announced that it will pay a dividend of $0.16 per...
Analyseartikel • Nov 24

First Guaranty Bancshares (NASDAQ:FGBI) Has Announced A Dividend Of $0.16

The board of First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) has announced that it will pay a dividend on the 29th of...
Analyseartikel • Sep 08

First Guaranty Bancshares (NASDAQ:FGBI) Has Affirmed Its Dividend Of $0.16

First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) will pay a dividend of $0.16 on the 29th of September. The dividend...
Analyseartikel • Aug 25

First Guaranty Bancshares (NASDAQ:FGBI) Is Paying Out A Dividend Of $0.16

First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) will pay a dividend of $0.16 on the 29th of September. This makes the...
Analyseartikel • Jun 06

First Guaranty Bancshares (NASDAQ:FGBI) Has Announced A Dividend Of $0.16

The board of First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) has announced that it will pay a dividend on the 30th of...
Analyseartikel • Feb 24

First Guaranty Bancshares (NASDAQ:FGBI) Has Affirmed Its Dividend Of $0.16

First Guaranty Bancshares, Inc.'s ( NASDAQ:FGBI ) investors are due to receive a payment of $0.16 per share on 31st of...
Analyseartikel • Nov 25

First Guaranty Bancshares (NASDAQ:FGBI) Is Due To Pay A Dividend Of $0.16

The board of First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) has announced that it will pay a dividend on the 30th of...
Analyseartikel • Aug 25

First Guaranty Bancshares (NASDAQ:FGBI) Is Due To Pay A Dividend Of $0.16

The board of First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) has announced that it will pay a dividend of $0.16 per...
Seeking Alpha • Aug 22

First Guaranty Bancshares declares $0.16 dividend

First Guaranty Bancshares (NASDAQ:FGBI) declares $0.16/share quarterly dividend, in line with previous. Forward yield 2.59% Payable Sept. 30; for shareholders of record Sept. 23; ex-div Sept. 22. See FGBI Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jul 27

First Guaranty Bancshares GAAP EPS of $0.70 beats by $0.02, revenue of $8.1M

First Guaranty Bancshares press release (NASDAQ:FGBI): Q2 GAAP EPS of $0.70 beats by $0.02. Net Income of $8.1M.
Seeking Alpha • Jul 15

First Guaranty Bancshares: Balance Sheet Growth To Drive The Bottom Line

Strong job markets will keep loan growth at decent levels this year. However, higher interest rates will dampen credit demand. Threats of a recession and high interest rates will likely push up the provisioning expenses. The topline is barely sensitive to interest rate hikes. The December 2022 target price suggests a decent upset from the current market price. Further, FGBI is offering a modest dividend yield. Earnings of First Guaranty Bancshares, Inc. (FGBI) will likely trend upwards this year on the back of continued loan growth. Strength in regional markets will likely drive the loan portfolio. On the other hand, the above-normal provisioning expense will likely restrain earnings growth. Meanwhile, the margin will likely remain somewhat stable for the remainder of the year. Overall, I'm expecting First Guaranty Bancshares to report earnings of $2.58 per share for 2022. Compared to my last report on the company, I have barely changed my earnings estimate. The year-end target price suggests a decent upside from the current market price. Based on the total expected return, I'm maintaining a buy rating on First Guaranty Bancshares. Loan Growth to Start Slowing Down by the End of the Year First Guaranty Bancshares reported robust loan growth of 3.4% in the first quarter of 2022, or 13.4% annualized. Strong job markets will ensure that loan growth remains at a decent level through the mid of 2022. First Guaranty Bancshares is based in Texas and Louisiana. Although both states have greater unemployment than the national average, their unemployment rates have improved significantly and are almost back to the 2018 level. Data by YCharts First Guaranty Bancshares' loan book is heavy on commercial real estate ("CRE") and commercial and industrial loans ("C&I"). Therefore, the PMI index is also a good gauge of loan demand. As shown below, the indexes are still above 50, which bodes well for loan growth. Data by YCharts However, high interest rates will dampen credit demand, especially for residential mortgages. As of March 2022, residential loans (1-4 family) made up 13% of total loans, according to details given in the 10-Q filing. Considering these factors, I'm expecting the loan portfolio to increase by 12.4% by the end of 2022 from the end of 2021. In my last report on First Guaranty Bancshares, I estimated loan growth of 17% for the year. I have reduced my loan growth estimate because I now have a more hawkish stance on interest rates than before. Further, the chances of a recession have increased lately due to the recent inversion of the yield curve (see the middle part of the blue line below). The U.S. Treasury Department I'm expecting other balance sheet items to grow mostly in line with loans for the last three quarters of 2022. The following table shows my balance sheet estimates. FY17 FY18 FY19 FY20 FY21 FY22E Financial Position Net Loans 1,140 1,214 1,515 1,820 2,135 2,400 Growth of Net Loans 21.5% 6.6% 24.7% 20.1% 17.4% 12.4% Other Earning Assets 506 406 428 239 364 494 Deposits 1,549 1,630 1,853 2,166 2,596 2,853 Borrowings and Sub-Debt 53 35 87 117 50 60 Common equity 144 147 166 179 191 204 Book Value Per Share ($) 14.9 15.2 15.6 16.7 17.8 19.0 Tangible BVPS ($) 14.0 14.5 13.7 14.8 16.1 17.3 Source: SEC Filings, Author's Estimates (In USD million, unless otherwise specified) Increase in Interest Rates to Barely Affect the Margin A large part of the deposit book is quick to re-price. Interest-bearing demand and saving accounts made up a sizable 57% of total deposits at the end of March 2022, according to details given in the 10-Q filing. On the other hand, the real-estate-heavy loan portfolio will re-price with a lag. Most real estate loans, especially residential mortgages, carry fixed rates. As mentioned in the 10-Q filing, real estate loans made up 66.6% of total loans at the end of March 2022. Overall, more liabilities than assets are scheduled to re-price this year. This asset-liability gap was negative 28.7% of total assets at the end of March 2022, according to details given in the 10-Q filing. Although the gap is negative, it does not mean that the balance sheet is liability sensitive. It should be borne in mind that the magnitude of the re-pricing is different for assets and liabilities as they depend on pricing power. Due to the significant liquidity in the industry, banks will have the power to keep deposit costs in check, despite the rising rate environment. In First Guaranty Bancshares' case, the effect of the re-pricing on both sides of the balance sheet will almost balance each other out, leaving the net interest income barely sensitive to rate hikes. The management's interest-rate sensitivity analysis given in the 10-Q filing shows that a 200 basis points hike in interest rates can boost the net interest income by only 0.03% over twelve months. 1Q 2022 10-Q Filing Considering these factors, I'm expecting the margin to remain almost unchanged in the last three quarters of 2022 from 3.59% in the first quarter of the year. Economic Headwinds to Result in Above Normal Provisioning First Guaranty Bancshares' allowances-to-nonperforming loan ratios stood at 150.1% at the end of March 2022. In my opinion, this allowance coverage will be a bit tight given the threats of a recession. Further, higher interest rates can hurt the loan portfolio's asset quality by pushing more and more borrowers into default. As a result, I believe First Guaranty Bancshares will try to bolster its reserves in the mid of 2022 to prepare for economic headwinds anticipated for the second half of the year. Overall, I'm expecting the net provision expense to be above normal this year. I'm expecting First Guaranty Bancshares to report a net provision expense of 0.30% of total loans in 2022. In comparison, the net provision expense averaged 0.26% from 2017 to 2019. Expecting Earnings to Increase by 6% The significant loan growth will likely be the chief driver of an increase in earnings this year. On the other hand, higher provision expenses will likely restrict earnings growth. Meanwhile, the margin will likely remain somewhat stable for the remainder of the year. Overall, I'm expecting First Guaranty Bancshares to report earnings of $2.58 per share for 2022, up 6% year-over-year. The following table shows my income statement estimates. FY17 FY18 FY19 FY20 FY21 FY22E Income Statement Net interest income 53 57 62 75 90 106 Provision for loan losses 4 1 5 15 2 7 Non-interest income 8 5 8 24 11 8 Non-interest expense 39 43 47 58 64 69 Net income - Common Sh. 12 14 14 20 26 28 EPS - Diluted ($) 1.21 1.47 1.34 1.90 2.42 2.58 Source: SEC Filings, Earnings Releases, Author's Estimates (In USD million, unless otherwise specified) In my last report on First Guaranty Bancshares, I estimated earnings of $2.61 per share for 2022. My updated earnings estimate is barely changed as the downward revision in the loan balance estimate cancels out the commensurate downward revisions in provisions and operating expense estimates.
Analyseartikel • May 27

First Guaranty Bancshares' (NASDAQ:FGBI) Dividend Will Be US$0.16

The board of First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) has announced that it will pay a dividend on the 30th of...
Analyseartikel • May 04

Do First Guaranty Bancshares's (NASDAQ:FGBI) Earnings Warrant Your Attention?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Seeking Alpha • Mar 19

First Guaranty Bancshares: Attractively Valued With An Outlook Of Strong Topline Growth

The remarkable loan growth of the last few years will most probably continue in 2022 because of the economic recovery in Texas and Louisiana. The loan additions will likely lead to provision normalization this year. The rising interest-rate environment is unlikely to affect the margin. The December 2022 target price suggests a decent upside from the current market price. Further, FGBI is offering a modest dividend yield.
Analyseartikel • Feb 26

First Guaranty Bancshares (NASDAQ:FGBI) Has Announced A Dividend Of US$0.16

The board of First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) has announced that it will pay a dividend on the 31st of...
Analyseartikel • Nov 25

First Guaranty Bancshares' (NASDAQ:FGBI) Dividend Will Be US$0.16

The board of First Guaranty Bancshares, Inc. ( NASDAQ:FGBI ) has announced that it will pay a dividend of US$0.16 per...

Rendement voor aandeelhouders

FGBIUS BanksUS Markt
7D-2.1%3.2%1.0%
1Y-5.6%22.4%28.7%

Rendement versus industrie: FGBI presteerde slechter dan de US Banks -sector, die het afgelopen jaar een rendement van 22.4 % opleverde.

Rendement versus markt: FGBI presteerde slechter dan US Market, dat het afgelopen jaar een rendement van 28.7 % opleverde.

Prijsvolatiliteit

Is FGBI's price volatile compared to industry and market?
FGBI volatility
FGBI Average Weekly Movement6.2%
Banks Industry Average Movement3.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stabiele aandelenkoers: FGBI heeft de afgelopen 3 maanden geen significante prijsvolatiliteit gekend vergeleken met de US markt.

Volatiliteit in de loop van de tijd: De wekelijkse volatiliteit ( 6% ) van FGBI is het afgelopen jaar stabiel geweest.

Over het bedrijf

OpgerichtWerknemersCEOWebsite
1934336Mike Mineerwww.fgb.net

First Guaranty Bancshares, Inc. is de holdingmaatschappij voor First Guaranty Bank die commerciële bankdiensten aanbiedt in Louisiana en Texas. Het biedt verschillende depositoproducten, zoals persoonlijke en zakelijke betaalrekeningen, spaarrekeningen, geldmarktrekeningen en direct opvraagbare deposito's, evenals termijndeposito's aan consumenten, kleine bedrijven en gemeenten. Het bedrijf verstrekt leningen, zoals niet-agrarische, niet-residentiële leningen gedekt door onroerend goed, commerciële en industriële leningen, een- tot viergezinswoningleningen, meergezinswoningleningen, bouw- en landontwikkelingsleningen, landbouwleningen, landbouwgrondleningen, en consumenten- en andere leningen aan kleine tot middelgrote bedrijven en professionals, en particulieren.

First Guaranty Bancshares, Inc. Samenvatting

Hoe verhouden de winst en inkomsten van First Guaranty Bancshares zich tot de beurswaarde?
FGBI fundamentele statistieken
MarktkapitalisatieUS$141.53m
Inkomsten(TTM)-US$49.44m
Inkomsten(TTM)US$23.92m
0.7x
P/B-verhouding
5.9x
P/S-verhouding

Is FGBI overgewaardeerd?

Zie Reële waarde en waarderingsanalyse

Inkomsten en omzet

Belangrijkste winstgevendheidsstatistieken uit het laatste winstverslag (TTM)
FGBI resultatenrekening (TTM)
InkomstenUS$23.92m
Kosten van inkomstenUS$0
BrutowinstUS$23.92m
Overige uitgavenUS$73.36m
Inkomsten-US$49.44m

Laatst gerapporteerde inkomsten

Mar 31, 2026

Volgende inkomensdatum

n.v.t.

Winst per aandeel (EPS)-3.08
Brutomarge100.00%
Nettowinstmarge-206.68%
Schuld/Eigen Vermogen Verhouding83.1%

Hoe presteerde FGBI op de lange termijn?

Bekijk historische prestaties en vergelijking

Dividenden

0.5%
Huidig dividendrendement
-1%
Uitbetalingsratio

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/05/24 01:44
Aandelenkoers aan het einde van de dag2026/05/22 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

First Guaranty Bancshares, Inc. wordt gevolgd door 2 analisten. 1 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Christopher MarinacBrean Capital Historical (Janney Montgomery)
Casey Orr WhitmanPiper Sandler Companies