First Guaranty BancsharesFGBI
FGBI
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
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
24% more capital invested
Capital invested by funds: $7.12M [Q2] → $8.85M (+$1.73M) [Q3]
0.32% more ownership
Funds ownership: 6.32% [Q2] → 6.64% (+0.32%) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
9% less funds holding
Funds holding: 32 [Q2] → 29 (-3) [Q3]
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Research analyst outlook
We haven’t received any recent analyst ratings for FGBI.
Financial journalist opinion
Positive
Zacks Investment Research
3 days ago
Should Value Investors Buy First Guaranty Bancshares (FGBI) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Negative
Zacks Investment Research
2 weeks ago
First Guaranty Bancshares (FGBI) Loses -23.36% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
First Guaranty Bancshares (FGBI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Positive
Zacks Investment Research
2 months ago
First Guaranty Bancshares (FGBI) Q3 Earnings and Revenues Beat Estimates
First Guaranty Bancshares (FGBI) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.10 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
First Guaranty Bancshares, Inc. Announces Third Quarter 2024 Financial Results
HAMMOND, La., Oct. 31, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the third quarter and nine months ending September 30, 2024.
Negative
Zacks Investment Research
2 months ago
Analysts Estimate First Guaranty Bancshares (FGBI) to Report a Decline in Earnings: What to Look Out for
First Guaranty Bancshares (FGBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
5 months ago
First Guaranty Bancshares, Inc. Announces Key Developments and Second Quarter 2024 Financial Results
HAMMOND, La., July 24, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its key developments and unaudited financial results for the second quarter and six months ending June 30, 2024.
Positive
Zacks Investment Research
5 months ago
Should Value Investors Buy First Guaranty Bancshares (FGBI) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
5 months ago
First Guaranty Bancshares (FGBI) Tops Q2 Earnings and Revenue Estimates
First Guaranty Bancshares (FGBI) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.19 per share a year ago.
Neutral
GlobeNewsWire
7 months ago
First Guaranty Bancshares, Inc. Appoints Mineer as President and CEO
HAMMOND, La., June 03, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. announced Michael Mineer has been appointed as First Guaranty Bancshares, Inc. and First Guaranty Bank's President and CEO. He will succeed Alton Lewis, who announced his retirement at the end of May.
Neutral
GlobeNewsWire
7 months ago
First Guaranty Bancshares, Inc Announces CEO Retirement
HAMMOND, La., May 29, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. announced today that Alton Lewis will retire from his role as President and Chief Executive Officer of First Guaranty Bancshares, Inc. and First Guaranty Bank in May, 2024, after a dynamic and successful tenure. Mr. Lewis has been a part of the First Guaranty family for over three decades. He began his service as Board member in 1988 and became President and CEO in 2009. Under his leadership, First Guaranty grew from a $931 million institution to what it is today, $3.6 billion. Mr. Lewis was also instrumental in coordinating the IPO of the First Guaranty stock, FGBI, in 2015. Additional notable achievements are that he successfully led his team through the COVID pandemic, maintaining consistent operations of all bank functions. These achievements, plus his focus on developing future leaders, position First Guaranty for continued success.
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