First Guaranty Bancshares Past Earnings Performance
Past criteria checks 1/6
First Guaranty Bancshares's earnings have been declining at an average annual rate of -6.6%, while the Banks industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 7.2% per year. First Guaranty Bancshares's return on equity is 5%, and it has net margins of 10.9%.
Key information
-6.6%
Earnings growth rate
-7.6%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 7.2% |
| Return on equity | 5.0% |
| Net Margin | 10.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How First Guaranty Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 95 | 10 | 53 | 0 |
| 30 Jun 24 | 96 | 10 | 53 | 0 |
| 31 Mar 24 | 89 | 6 | 52 | 0 |
| 31 Dec 23 | 92 | 7 | 52 | 0 |
| 30 Sep 23 | 95 | 11 | 52 | 0 |
| 30 Jun 23 | 101 | 17 | 51 | 0 |
| 31 Mar 23 | 106 | 22 | 50 | 0 |
| 31 Dec 22 | 107 | 27 | 48 | 0 |
| 30 Sep 22 | 110 | 29 | 47 | 0 |
| 30 Jun 22 | 107 | 29 | 46 | 0 |
| 31 Mar 22 | 103 | 28 | 45 | 0 |
| 31 Dec 21 | 98 | 26 | 44 | 0 |
| 30 Sep 21 | 94 | 25 | 42 | 0 |
| 30 Jun 21 | 90 | 23 | 41 | 0 |
| 31 Mar 21 | 86 | 22 | 40 | 0 |
| 31 Dec 20 | 84 | 20 | 39 | 0 |
| 30 Sep 20 | 79 | 18 | 38 | 0 |
| 30 Jun 20 | 74 | 17 | 37 | 0 |
| 31 Mar 20 | 69 | 15 | 35 | 0 |
| 31 Dec 19 | 65 | 14 | 33 | 0 |
| 30 Sep 19 | 61 | 13 | 32 | 0 |
| 30 Jun 19 | 61 | 12 | 32 | 0 |
| 31 Mar 19 | 61 | 14 | 31 | 0 |
| 31 Dec 18 | 61 | 14 | 31 | 0 |
| 30 Sep 18 | 62 | 14 | 30 | 0 |
| 30 Jun 18 | 61 | 14 | 29 | 0 |
| 31 Mar 18 | 58 | 12 | 28 | 0 |
| 31 Dec 17 | 58 | 12 | 27 | 0 |
| 30 Sep 17 | 55 | 12 | 25 | 0 |
| 30 Jun 17 | 54 | 13 | 24 | 0 |
| 31 Mar 17 | 55 | 14 | 23 | 0 |
| 31 Dec 16 | 54 | 14 | 22 | 0 |
| 30 Sep 16 | 54 | 14 | 21 | 0 |
| 30 Jun 16 | 54 | 15 | 21 | 0 |
| 31 Mar 16 | 52 | 14 | 20 | 0 |
| 31 Dec 15 | 53 | 14 | 21 | 0 |
| 30 Sep 15 | 52 | 14 | 21 | 0 |
| 30 Jun 15 | 51 | 13 | 21 | 0 |
| 31 Mar 15 | 49 | 11 | 21 | 0 |
| 31 Dec 14 | 48 | 11 | 20 | 0 |
| 30 Sep 14 | 48 | 11 | 20 | 0 |
| 30 Jun 14 | 47 | 10 | 20 | 0 |
| 31 Mar 14 | 46 | 9 | 20 | 0 |
| 31 Dec 13 | 45 | 8 | 19 | 0 |
Quality Earnings: 1GJ has high quality earnings.
Growing Profit Margin: 1GJ's current net profit margins (10.9%) are lower than last year (11.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1GJ's earnings have declined by 6.6% per year over the past 5 years.
Accelerating Growth: 1GJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1GJ had negative earnings growth (-2.8%) over the past year, making it difficult to compare to the Banks industry average (13.5%).
Return on Equity
High ROE: 1GJ's Return on Equity (5%) is considered low.