First Guaranty Bancshares (DB:1GJ) - Stock Price, News & Analysis

1GJ Stock Overview

Operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. More details

1GJ fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	1/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 65.3% below our estimate of its fair value

Earnings are forecast to grow 1.21% per year

Risk Analysis

Shareholders have been diluted in the past year

Unstable dividend track record

First Guaranty Bancshares, Inc. Competitors

Merkur PrivatBank KgaA

XTRA:MBK

€108.9m

ProCredit Holding

XTRA:PCZ

€451.2m

FIDEA Holdings

TSE:8713

JP¥25.3b

Citizens Community Bancorp

NasdaqGM:CZWI

US$164.6m

Price History & Performance

Summary of all time highs, changes and price drops for First Guaranty Bancshares
Historical stock prices
Current Share Price	US$12.60
52 Week High	US$12.60
52 Week Low	US$7.35
Beta	0.32
11 Month Change	45.66%
3 Month Change	50.00%
1 Year Change	54.60%
33 Year Change	-27.81%
5 Year Change	-19.76%
Change since IPO	-25.36%

Recent updates

Shareholder Returns

	1GJ	DE Banks	DE Market
7D	13.5%	-1.8%	0.8%
1Y	54.6%	19.4%	8.6%

Return vs Industry: 1GJ exceeded the German Banks industry which returned 20.8% over the past year.

Return vs Market: 1GJ exceeded the German Market which returned 9.1% over the past year.

Price Volatility

Is 1GJ's price volatile compared to industry and market?
1GJ volatility
1GJ Average Weekly Movement	5.2%
Banks Industry Average Movement	3.0%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 1GJ has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 1GJ's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1934	495	Mike Mineer	www.fgb.net

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services 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 to consumers, small businesses, and municipalities. The company provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals.

First Guaranty Bancshares, Inc. Fundamentals Summary

How do First Guaranty Bancshares's earnings and revenue compare to its market cap?
1GJ fundamental statistics
Market cap	€159.94m
Earnings (TTM)	€9.94m
Revenue (TTM)	€91.14m

16.0x

P/E Ratio

0.7x

P/B Ratio

Is 1GJ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1GJ income statement (TTM)
Revenue	US$95.48m
Cost of Revenue	US$0
Gross Profit	US$95.48m
Other Expenses	US$85.07m
Earnings	US$10.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.83
Gross Margin	100.00%
Net Profit Margin	10.90%
Debt/Equity Ratio	79.1%

How did 1GJ perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

66%

Payout Ratio

1GJ Stock Overview

Rewards

Risk Analysis

First Guaranty Bancshares, Inc. Competitors

XTRA:MBK

€108.9m

XTRA:PCZ

€451.2m

TSE:8713

JP¥25.3b

NasdaqGM:CZWI

US$164.6m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: US$0.11 (vs US$0.10 in 3Q 2023)

Upcoming dividend of US$0.08 per share

Second quarter dividend of US$0.08 announced

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 30, 2024

First Guaranty Bancshares, Inc. Announces Charge-Offs for the Second Quarter Ended June 30, 2024

First Guaranty Bancshares, Inc. Announces Charge-Offs for the Second Quarter Ended June 30, 2024

Recent updates

Third quarter 2024 earnings released: EPS: US$0.11 (vs US$0.10 in 3Q 2023)

Upcoming dividend of US$0.08 per share

Second quarter dividend of US$0.08 announced

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 30, 2024

First Guaranty Bancshares, Inc. Announces Charge-Offs for the Second Quarter Ended June 30, 2024

First Guaranty Bancshares, Inc. Announces Charge-Offs for the Second Quarter Ended June 30, 2024

Second quarter 2024 earnings released: EPS: US$0.53 (vs US$0.19 in 2Q 2023)

First Guaranty Bancshares, Inc. Announces Charge-Offs for the Second Quarter of 2024

First quarter dividend of US$0.16 announced

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 28, 2024

First Guaranty Bancshares, Inc. and First Guaranty Bank Announces Chief Executive Officer Changes

First Guaranty Bancshares, Inc. and First Guaranty Bank Announces Chief Executive Officer Changes

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: US$0.14 (vs US$0.27 in 1Q 2023)

First Guaranty Bancshares, Inc., Annual General Meeting, May 16, 2024

Full year 2023 earnings released: EPS: US$0.62 (vs US$2.48 in FY 2022)

Upcoming dividend of US$0.16 per share

Fourth quarter dividend of US$0.16 announced

Full year 2023 earnings released: EPS: US$0.62 (vs US$2.48 in FY 2022)

Investor sentiment improves as stock rises 17%

Upcoming dividend of US$0.16 per share at 6.0% yield

First Guaranty Bancshares, Inc. Declares a Quarterly Cash Dividend, Payable on December 29, 2023

Third quarter 2023 earnings released: EPS: US$0.10 (vs US$0.70 in 3Q 2022)

Upcoming dividend of US$0.16 per share at 5.7% yield

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 29, 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.19 (vs US$0.70 in 2Q 2022)

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 17%

First Guaranty Bancshares, Inc.(NasdaqGM:FGBI) dropped from Russell Small Cap Comp Growth Index

Upcoming dividend of US$0.16 per share at 4.9% yield

Investor sentiment improves as stock rises 16%

First Guaranty Bancshares, Inc. announced that it has received $10.000004 million in funding

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2023

Investor sentiment deteriorates as stock falls 20%

Full year 2022 earnings released: EPS: US$2.48 (vs US$2.42 in FY 2021)

Upcoming dividend of US$0.16 per share at 4.1% yield

Investor sentiment deteriorates as stock falls 17%

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2023

Full year 2022 earnings released: EPS: US$2.48 (vs US$2.42 in FY 2021)

Upcoming dividend of US$0.16 per share

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on December 30, 2022

Independent Chairman of the Board recently sold €182k worth of stock

High number of new directors

Third quarter 2022 earnings released: EPS: US$0.70 (vs US$0.67 in 3Q 2021)

First Guaranty Bancshares, Inc. Elects Vanessa R. Drew to the Board of Directors

Upcoming dividend of US$0.16 per share

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on September 30, 2022

Second quarter 2022 earnings released: EPS: US$0.70 (vs US$0.58 in 2Q 2021)

Upcoming dividend of US$0.16 per share

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend on Common Stock, Expected to Be Paid on June 30, 2022

First quarter 2022 earnings released: EPS: US$0.65 (vs US$0.47 in 1Q 2021)

Insufficient new directors

First Guaranty Bancshares, Inc., Annual General Meeting, May 19, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.16 per share

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.16 per share