First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services to businesses, professionals, and individuals in Louisiana and Texas.
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has First Guaranty Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1GJ's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 1GJ underperformed the German Banks industry which returned -30% over the past year.
Return vs Market: 1GJ underperformed the German Market which returned -2.6% over the past year.
Price Volatility Vs. Market
How volatile is First Guaranty Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is First Guaranty Bancshares undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1GJ (€11.3) is trading below our estimate of fair value (€23.77)
Significantly Below Fair Value: 1GJ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1GJ is good value based on its PE Ratio (7.8x) compared to the Banks industry average (17.9x).
PE vs Market: 1GJ is good value based on its PE Ratio (7.8x) compared to the German market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: 1GJ is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: 1GJ is good value based on its PB Ratio (0.7x) compared to the DE Banks industry average (0.8x).
How is First Guaranty Bancshares forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1GJ's forecast earnings growth (6.4% per year) is above the savings rate (0.2%).
Earnings vs Market: 1GJ's earnings (6.4% per year) are forecast to grow slower than the German market (22.1% per year).
High Growth Earnings: 1GJ's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1GJ's revenue (11.9% per year) is forecast to grow faster than the German market (5.7% per year).
High Growth Revenue: 1GJ's revenue (11.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 1GJ's Return on Equity is forecast to be high in 3 years time
How has First Guaranty Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1GJ has high quality earnings.
Growing Profit Margin: 1GJ's current net profit margins (21.6%) are lower than last year (22.4%).
Past Earnings Growth Analysis
Earnings Trend: 1GJ's earnings have grown by 0.8% per year over the past 5 years.
Accelerating Growth: 1GJ's earnings growth over the past year (8.8%) exceeds its 5-year average (0.8% per year).
Earnings vs Industry: 1GJ earnings growth over the past year (8.8%) exceeded the Banks industry 4.1%.
Return on Equity
High ROE: 1GJ's Return on Equity (8.8%) is considered low.
How is First Guaranty Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: 1GJ's Assets to Equity ratio (13.3x) is moderate.
Allowance for Bad Loans: 1GJ has a low allowance for bad loans (52%).
Low Risk Liabilities: 94% of 1GJ's liabilities are made up of primarily low risk sources of funding.
Loan Level: 1GJ has an appropriate level of Loans to Assets ratio (68%).
Low Risk Deposits: 1GJ's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: 1GJ has an appropriate level of bad loans (1.5%).
What is First Guaranty Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1GJ's dividend (5.33%) is higher than the bottom 25% of dividend payers in the German market (1.33%).
High Dividend: 1GJ's dividend (5.33%) is in the top 25% of dividend payers in the German market (4.04%)
Stability and Growth of Payments
Stable Dividend: 1GJ's dividends per share have been stable in the past 10 years.
Growing Dividend: 1GJ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.3%), 1GJ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alton Lewis (70yo)
Mr. Alton B. Lewis, Jr. has been the Chief Executive Officer and President of First Guaranty Bank and also its holding company First Guaranty Bancshares, Inc. since October 1, 2009. Mr. Lewis has been the ...
CEO Compensation Analysis
Compensation vs Market: Alton's total compensation ($USD499.72K) is about average for companies of similar size in the German market ($USD427.16K).
Compensation vs Earnings: Alton's compensation has been consistent with company performance over the past year.
|Vice Chairman||10.58yrs||US$499.72k||0.74% $790.0k|
|Chief Lending Officer of First Guaranty Bank||5.33yrs||no data||no data|
Experienced Management: 1GJ's management team is seasoned and experienced (10 years average tenure).
|Vice Chairman||10.58yrs||US$499.72k||0.74% $790.0k|
|Independent Chairman of the Board||12.83yrs||US$25.40k||23.55% $25.1m|
|Director of First Guaranty Bank||24.33yrs||US$12.84k||no data|
|Director of First Guaranty Bank||15.33yrs||US$3.20k||no data|
|Director of First Guaranty Bank||23.33yrs||US$13.95k||no data|
|Independent Director||23.33yrs||US$53.08k||2.72% $2.9m|
|Director of First Guaranty Bank||19.33yrs||US$5.20k||no data|
|Director of First Guaranty Bank||26.33yrs||US$12.85k||no data|
|Independent Director||5.58yrs||US$22.28k||3.29% $3.5m|
|Independent Director||2.25yrs||US$22.69k||0.011% $12.0k|
Experienced Board: 1GJ's board of directors are seasoned and experienced ( 17.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1GJ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Guaranty Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: First Guaranty Bancshares, Inc.
- Ticker: 1GJ
- Exchange: DB
- Founded: 1934
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$116.992m
- Listing Market Cap: US$106.498m
- Shares outstanding: 9.74m
- Website: https://www.fgb.net
Number of Employees
- First Guaranty Bancshares, Inc.
- 400 East Thomas Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FGBI||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock USD 1||US||USD||Mar 2004|
|1GJ||DB (Deutsche Boerse AG)||Yes||Common Stock USD 1||DE||EUR||Mar 2004|
First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services to businesses, professionals, and individuals in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits. The company also provides loans, such as non-farm non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, construction and land development loans, agricultural loans, farmland loans, consumer and other loans, and multifamily loans. In addition, it offers a range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, Internet banking, automated teller machines, online bill pay, mobile banking, and lockbox services. The company operates through 27 banking facilities located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Dallas-Fort Worth-Arlington, and Waco. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/27 05:16|
|End of Day Share Price||2020/05/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.