First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. More Details
6 star dividend payer and undervalued.
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: FGBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FGBI's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FGBI underperformed the US Banks industry which returned 70.2% over the past year.
Return vs Market: FGBI underperformed the US Market which returned 53.9% over the past year.
Long-Term 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
2 weeks ago | Simply Wall StAre You An Income Investor? Don't Miss Out On First Guaranty Bancshares, Inc. (NASDAQ:FGBI)
1 month ago | Simply Wall StThere's A Lot To Like About First Guaranty Bancshares' (NASDAQ:FGBI) Upcoming US$0.16 Dividend
1 month ago | Simply Wall StIs Now The Time To Put First Guaranty Bancshares (NASDAQ:FGBI) On Your Watchlist?
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: FGBI ($17.16) is trading below our estimate of fair value ($23.68)
Significantly Below Fair Value: FGBI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FGBI is good value based on its PE Ratio (8.2x) compared to the US Banks industry average (13.3x).
PE vs Market: FGBI is good value based on its PE Ratio (8.2x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: FGBI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FGBI is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.1x).
How is First Guaranty Bancshares forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FGBI's earnings are forecast to decline over the next 3 years (-4.5% per year).
Earnings vs Market: FGBI's earnings are forecast to decline over the next 3 years (-4.5% per year).
High Growth Earnings: FGBI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FGBI's revenue (5.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: FGBI's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FGBI's Return on Equity is forecast to be low in 3 years time (8.5%).
How has First Guaranty Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FGBI has high quality earnings.
Growing Profit Margin: FGBI's current net profit margins (24.3%) are higher than last year (21.9%).
Past Earnings Growth Analysis
Earnings Trend: FGBI's earnings have grown by 4.6% per year over the past 5 years.
Accelerating Growth: FGBI's earnings growth over the past year (42.6%) exceeds its 5-year average (4.6% per year).
Earnings vs Industry: FGBI earnings growth over the past year (42.6%) exceeded the Banks industry 3.5%.
Return on Equity
High ROE: FGBI's Return on Equity (11.4%) 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: FGBI's Assets to Equity ratio (13.8x) is moderate.
Allowance for Bad Loans: FGBI has a low allowance for bad loans (86%).
Low Risk Liabilities: 94% of FGBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: FGBI has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: FGBI's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: FGBI has an appropriate level of bad loans (1.6%).
What is First Guaranty Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FGBI's dividend (3.73%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: FGBI's dividend (3.73%) is in the top 25% of dividend payers in the US market (3.46%)
Stability and Growth of Payments
Stable Dividend: FGBI's dividends per share have been stable in the past 10 years.
Growing Dividend: FGBI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.7%), FGBI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FGBI's dividends in 3 years are forecast to be well covered by earnings (36.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alton Lewis (71 yo)
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 below average for companies of similar size in the US market ($USD1.01M).
Compensation vs Earnings: Alton's compensation has been consistent with company performance over the past year.
Experienced Management: FGBI's management team is seasoned and experienced (10.9 years average tenure).
Experienced Board: FGBI's board of directors are seasoned and experienced ( 16.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FGBI 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: FGBI
- Exchange: NasdaqGM
- Founded: 1934
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$167.160m
- Shares outstanding: 9.74m
- Website: https://www.fgb.net
Number of Employees
- First Guaranty Bancshares, Inc.
- 400 East Thomas Street
- United States
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 perso...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/18 23:34|
|End of Day Share Price||2021/04/16 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.