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First Guaranty Bancshares ( (FGBI) ) has provided an announcement.
On June 4, 2025, First Guaranty Bancshares, Inc. announced amendments to its Promissory Note and Floating Rate Subordinated Note with Smith & Tate Investment, L.L.C., a company controlled by a director and principal shareholder of First Guaranty. The amendments allow for the deferral of principal payments and the option to make interest payments in cash or common stock for a specified period. These changes aim to provide financial flexibility for the company, potentially impacting its liquidity and shareholder value.
Spark’s Take on FGBI Stock
According to Spark, TipRanks’ AI Analyst, FGBI is a Neutral.
First Guaranty Bancshares scores a 66, driven by strong financial performance and a robust equity position, despite pressures on operational margins. The technical analysis shows moderate momentum with potential overvaluation risks indicated by a high P/E ratio. The stock’s high valuation and overbought technical signals temper the otherwise positive financial outlook.
To see Spark’s full report on FGBI stock, click here.
More about First Guaranty Bancshares
First Guaranty Bancshares, Inc. operates in the financial industry, providing banking and financial services. The company focuses on offering a range of banking products and services to its customers, with a market focus that includes both individual and business clients.
Average Trading Volume: 19,786
Technical Sentiment Signal: Sell
Current Market Cap: $114.3M
For detailed information about FGBI stock, go to TipRanks’ Stock Analysis page.