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 18% 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

DB:1GJ Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	95	10	53
30 Jun 24	96	10	53
31 Mar 24	89	6	52
31 Dec 23	92	7	52
30 Sep 23	95	11	52
30 Jun 23	101	17	51
31 Mar 23	106	22	50
31 Dec 22	107	27	48
30 Sep 22	110	29	47
30 Jun 22	107	29	46
31 Mar 22	103	28	45
31 Dec 21	98	26	44
30 Sep 21	94	25	42
30 Jun 21	90	23	41
31 Mar 21	86	22	40
31 Dec 20	84	20	39
30 Sep 20	79	18	38
30 Jun 20	74	17	37
31 Mar 20	69	15	35
31 Dec 19	65	14	33
30 Sep 19	61	13	32
30 Jun 19	61	12	32
31 Mar 19	61	14	31
31 Dec 18	61	14	31
30 Sep 18	62	14	30
30 Jun 18	61	14	29
31 Mar 18	58	12	28
31 Dec 17	58	12	27
30 Sep 17	55	12	25
30 Jun 17	54	13	24
31 Mar 17	55	14	23
31 Dec 16	54	14	22
30 Sep 16	54	14	21
30 Jun 16	54	15	21
31 Mar 16	52	14	20
31 Dec 15	53	14	21
30 Sep 15	52	14	21
30 Jun 15	51	13	21
31 Mar 15	49	11	21
31 Dec 14	48	11	20
30 Sep 14	48	11	20
30 Jun 14	47	10	20
31 Mar 14	46	9	20
31 Dec 13	45	8	19

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 (12.6%).

Return on Equity

High ROE: 1GJ's Return on Equity (5%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 16:50
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Guaranty Bancshares, Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Burkenroad Reports
Christopher Marinac	Janney Montgomery Scott LLC
Feddie Strickland	Janney Montgomery Scott LLC

First Guaranty Bancshares Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

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

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

Recent updates

First Guaranty Bancshares, Inc. Elects Bruce Mcanally to the Board of Directors

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

Third quarter 2021 earnings released: EPS US$0.74 (vs US$0.53 in 3Q 2020)

Upcoming dividend of US$0.16 per share

Second quarter 2021 earnings released: EPS US$0.64 (vs US$0.53 in 2Q 2020)

First Guaranty Bancshares, Inc.(NasdaqGM:FGBI) dropped from Russell 2000 Defensive Index

Independent Director recently bought €66k worth of stock

Upcoming dividend of US$0.16 per share

Independent Director recently bought €58k worth of stock

Independent Director recently bought €68k worth of stock

First Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2021