NasdaqGM:FGBI

Stock Analysis Report

First Guaranty Bancshares

Executive Summary

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.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • First Guaranty Bancshares is not covered by any analysts.

Similar Companies

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


Market Performance


7 Day Return

-2.4%

NasdaqGM:FGBI

-2.5%

US Banks

-0.7%

US Market


1 Year Return

-20.1%

NasdaqGM:FGBI

-14.2%

US Banks

-0.5%

US Market

FGBI underperformed the Banks industry which returned -14.2% over the past year.

FGBI underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

FGBIIndustryMarket
7 Day-2.4%-2.5%-0.7%
30 Day-8.7%-6.1%-3.0%
90 Day-5.3%-3.8%0.9%
1 Year-17.7%-20.1%-11.8%-14.2%1.7%-0.5%
3 Year50.7%38.8%42.1%32.4%39.5%30.4%
5 Year91.0%63.8%53.3%36.7%54.1%37.0%

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

Valuation

Is First Guaranty Bancshares undervalued based on future cash flows and its price relative to the stock market?

14%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

First Guaranty Bancshares's share price is below the future cash flow value, but not at a moderate discount (< 20%).

First Guaranty Bancshares's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

First Guaranty Bancshares is overvalued based on earnings compared to the US Banks industry average.

First Guaranty Bancshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for First Guaranty Bancshares, we can't assess if its growth is good value.


Price Based on Value of Assets

First Guaranty Bancshares is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is First Guaranty Bancshares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if First Guaranty Bancshares is high growth as no revenue estimate data is available.

First Guaranty Bancshares's earnings are expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).

Unable to compare First Guaranty Bancshares's revenue growth to the United States of America market average as no estimate data is available.

First Guaranty Bancshares's earnings growth is positive but not above the United States of America market average.

First Guaranty Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if First Guaranty Bancshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has First Guaranty Bancshares performed over the past 5 years?

3.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

First Guaranty Bancshares's year on year earnings growth rate has been positive over the past 5 years.

First Guaranty Bancshares's 1-year earnings growth is negative, it can't be compared to the 5-year average.

First Guaranty Bancshares's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

First Guaranty Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

First Guaranty Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if First Guaranty Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

First Guaranty Bancshares has an acceptable proportion of non-loan assets held.

First Guaranty Bancshares has a sufficient allowance for bad loans.

First Guaranty Bancshares's liabilities are made up of primarily low risk sources of funding.

First Guaranty Bancshares's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at First Guaranty Bancshares are broadly funded by customer deposits.

First Guaranty Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is First Guaranty Bancshares's current dividend yield, its reliability and sustainability?

3.15%

Current Dividend Yield


Dividend Yield and Payments Analysis

First Guaranty Bancshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

First Guaranty Bancshares's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of First Guaranty Bancshares's salary, the management and board of directors tenure and is there insider trading?

6.9yrs

Average management tenure


CEO

Alton Lewis (70yo)

9.8yrs

Tenure

US$474,286

Compensation

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

Alton's remuneration is lower than average for companies of similar size in United States of America.

Alton's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

6.9yrs

Average Tenure

40yo

Average Age

The average tenure for the First Guaranty Bancshares management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

16.6yrs

Average Tenure

69yo

Average Age

The average tenure for the First Guaranty Bancshares board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$464,60025 Jun 19
Smith & Hood Investments, Llc
EntityCompany
Shares23,000
Max PriceUS$20.20
BuyUS$96,45409 May 19
Smith & Hood Investments, Llc
EntityCompany
Shares4,600
Max PriceUS$21.00
BuyUS$18,64009 May 19
Smith & Hood Investments, Llc
EntityCompany
Shares869
Max PriceUS$21.45
SellUS$111,21010 Dec 18
Smith & Hood Investments, Llc
EntityCompany
Shares4,987
Max PriceUS$22.30
BuyUS$2,839,10213 Nov 18
Smith & Hood Investments, Llc
EntityCompany
Shares127,314
Max PriceUS$22.30

Ownership Breakdown


Management Team

  • Michael Cross

    Chief Lending Officer of First Guaranty Bank

    • Tenure: 4.6yrs
  • Alton Lewis (70yo)

    Vice Chairman

    • Tenure: 9.8yrs
    • Compensation: US$474.29k
  • Eric Dosch (40yo)

    Treasurer

    • Tenure: 9.3yrs
    • Compensation: US$215.19k
  • Randy Vicknair (37yo)

    Chief Credit Officer of First Guaranty Bank

    • Tenure: 4.6yrs

Board Members

  • Marshall Reynolds (82yo)

    Chairman of the Board

    • Tenure: 12.1yrs
    • Compensation: US$27.10k
  • Charles Brister (67yo)

    Director of First Guaranty Bank

    • Tenure: 23.6yrs
    • Compensation: US$12.84k
  • Dan Packer (71yo)

    Director of First Guaranty Bank

    • Tenure: 14.6yrs
    • Compensation: US$3.20k
  • Anthony Berner (66yo)

    Director of First Guaranty Bank

    • Tenure: 22.6yrs
    • Compensation: US$13.95k
  • William Hood (68yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$47.46k
  • Morgan Nalty (53yo)

    Director of First Guaranty Bank

    • Tenure: 18.6yrs
    • Compensation: US$5.20k
  • Edwin Hoover (74yo)

    Director of First Guaranty Bank

    • Tenure: 25.6yrs
    • Compensation: US$12.85k
  • Edgar Smith (55yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$21.42k
  • Alton Lewis (70yo)

    Vice Chairman

    • Tenure: 9.8yrs
    • Compensation: US$474.29k
  • Jack Rossi (74yo)

    Director

    • Tenure: 1.5yrs
    • Compensation: US$18.60k

Company Information

First Guaranty Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First Guaranty Bancshares, Inc.
  • Ticker: FGBI
  • Exchange: NasdaqGM
  • Founded: 1934
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$178.874m
  • Shares outstanding: 8.81m
  • Website: https://www.fgb.net

Number of Employees


Location

  • First Guaranty Bancshares, Inc.
  • 400 East Thomas Street
  • Hammond
  • Louisiana
  • 70401
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FGBINasdaqGM (Nasdaq Global Market)YesCommon Stock USD 1USUSDMar 2004
1GJDB (Deutsche Boerse AG)YesCommon Stock USD 1DEEURMar 2004

Biography

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 of ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:50
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.