First Guaranty BancsharesFGBI
Market Cap: $128M
About: First Guaranty Bancshares Inc provides personalized commercial banking services to its customers in Louisiana, through several banking facilities. The principal business activity of the company includes attracting deposits and investing it together with funds generated from operations and borrowings insecurities and in lending activities to serve the credit needs of its customer base. The company offers commercial real estate loans, commercial and industrial loans, construction and land development loans, agricultural and farmland loans, and to a lesser extent, consumer and multifamily loans.
Employees: 503
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0.4% less ownership
Funds ownership: 6.68% [Q1] → 6.28% (-0.4%) [Q2]
3% less funds holding
Funds holding: 32 [Q1] → 31 (-1) [Q2]
17% less capital invested
Capital invested by funds: $8.47M [Q1] → $7.07M (-$1.4M) [Q2]
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Research analyst outlook
We haven’t received any recent analyst ratings for FGBI.