First Guaranty Bancshares (FGBI) AI Stock Analysis

• Market Cap: $86.03M
• Dividend Yield: 5.77%
• Average Volume (3M): 12.59K
• Price to Earnings (P/E): 8.8
• Beta (1Y): 0.46
• Revenue Growth: 20.29%
• EPS Growth: 29.00%
• Country: US
• Employees: 503
• Sector: Financial
• Sector Strength: 77
• Industry: Banking
• EPS (TTM): 0.84
• Shares Outstanding: 12,504,717
• 10 Day Avg. Volume: 16,418
• 30 Day Avg. Volume: 12,591
• PEG Ratio: 0.30
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.93
• Price to Cash Flow (P/CF): 4.60
• P/FCF Ratio: 0.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

First Guaranty Bancshares has a moderate overall score driven by solid financial performance, highlighted by revenue growth and strong cash generation. The technical analysis shows bearish sentiment with the stock price below significant moving averages. Valuation is reasonable with a moderate P/E ratio and attractive dividend yield. Recent corporate events indicate positive asset growth and liquidity, providing some optimism despite operational efficiency challenges.

First Guaranty Bancshares Business Overview & Revenue Model

Company Description

First Guaranty Bancshares (FGBI) is a bank holding company headquartered in Louisiana. Through its subsidiary, First Guaranty Bank, the company provides a broad range of banking services primarily to individuals, small to medium-sized businesses, and professionals in the communities it serves. These services include offering various deposit products such as savings, checking, and money market accounts, as well as a wide range of loan products including commercial, consumer, and real estate loans.

How the Company Makes Money

First Guaranty Bancshares generates revenue primarily through its banking operations. The company's primary source of income is the interest income earned on loans extended to customers, which include commercial, consumer, and real estate loans. Additionally, it earns money from interest on investment securities. Non-interest income, which includes service charges on deposit accounts, fees from loan services, and other miscellaneous charges, also contributes to the company's earnings. The company benefits from strategic partnerships with financial services and technology providers to enhance its product offerings and operational efficiency, which can lead to an increase in customer base and, subsequently, revenue.

First Guaranty Bancshares Financial Statement Overview

Summary

First Guaranty Bancshares exhibits moderate financial health with notable strengths in revenue growth and cash generation. However, there are areas for improvement, such as enhancing operational efficiency and profitability. The balance sheet remains stable with manageable leverage, but the company should focus on improving its return on equity to better satisfy shareholders.

Income Statement

The company shows a mixed performance in its income statement. The TTM (Trailing-Twelve-Months) revenue has significantly increased compared to the previous annual period, indicating strong revenue growth. However, the gross profit margin is unusually high, likely due to reporting discrepancies. The net profit margin is modest at approximately 6.7%, suggesting that while revenues have increased, net income has not grown proportionately. EBIT and EBITDA margins are relatively weak, indicating challenges in operational efficiency.

Balance Sheet

First Guaranty Bancshares demonstrates a solid balance sheet with a low debt-to-equity ratio of 0.76, reflecting prudent financial leverage. The equity ratio is reasonable at 6.53%, indicating a stable capital structure. However, the return on equity is low at around 4.97%, suggesting that the company could enhance its profitability relative to shareholders' equity.

Cash Flow

The cash flow statement shows a positive free cash flow growth rate compared to the previous year, indicating improved cash management. The operating cash flow to net income ratio is strong at 2.17, highlighting effective cash generation relative to reported earnings. However, the free cash flow to net income ratio is moderate at 1.64, suggesting that more cash could be retained for investments or debt reduction.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
190.57M	91.57M	1.75M	100.38M	98.45M	69.98M
	Gross Profit
203.96M	91.57M	1.75M	100.38M	98.45M	69.98M
	EBIT
61.54M	12.49M	72.92M	34.45M	25.54M	17.90M
	EBITDA
1.45M	0.00	40.50M	0.00	29.32M	20.95M
	Net Income Common Stockholders
12.74M	9.22M	28.88M	27.30M	20.32M	14.24M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
424.39M	286.45M	214.25M	472.37M	537.45M	406.94M
	Total Assets
1.82B	3.55B	3.15B	2.88B	2.47B	2.12B
	Total Debt
34.54M	275.40M	176.93M	43.20M	110.51M	79.91M
	Net Debt
-92.88M	-17.02M	94.13M	-218.55M	-188.39M	13.40M
	Total Liabilities
1.67B	3.30B	2.92B	2.65B	2.29B	1.95B
	Stockholders Equity
147.28M	249.63M	234.99M	223.89M	178.59M	166.03M
Cash Flow		Free Cash Flow
20.92M	6.76M	34.22M	24.32M	17.45M	17.14M
	Operating Cash Flow
27.62M	21.71M	36.87M	26.52M	23.76M	29.08M
	Investing Cash Flow
-336.97M	-206.09M	-467.91M	-452.64M	-128.46M	-131.91M
	Financing Cash Flow
475.70M	387.61M	252.33M	388.45M	336.88M	42.29M

First Guaranty Bancshares Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.88
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FGBI, the sentiment is Negative. The current price of 6.88 is below the 20-day moving average (MA) of 8.68, below the 50-day MA of 9.85, and below the 200-day MA of 10.46, indicating a bearish trend. The MACD of -0.84 indicates Positive momentum. The RSI at 14.83 is Positive, neither overbought nor oversold. The STOCH value of 5.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FGBI.

First Guaranty Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUBI	72 Outperform	$1.52B	9.48	10.44%	―	-3.61%	-29.58%
BRKL	67 Neutral	$959.66M	13.97	5.68%	5.02%	7.79%	-8.83%
CCNE	67 Neutral	$469.12M	9.42	9.17%	3.18%	11.48%	-6.49%
Sector *	64 Neutral	$13.80B	10.64	9.23%	4.22%	17.66%	-7.66%
FFIN	61 Neutral	$5.00B	22.79	14.39%	2.02%	18.54%	12.22%
FBMS	56 Neutral	$1.03B	13.59	7.90%	3.01%	9.99%	1.88%
FGBI	54 Neutral	$86.03M	8.77	4.93%	5.77%	20.29%	29.00%

First Guaranty Bancshares Corporate Events

First Guaranty Bancshares Shows Strong Q3 2024 Performance

First Guaranty Bancshares, Inc. reported a robust financial performance for the third quarter of 2024, with total assets rising by 14.8% year-over-year to $3.9 billion and total loans increasing by 2.6% to $2.8 billion. Despite a modest net income of $1.9 million, the company showed resilience with a diversified loan portfolio, including growth in SBA/USDA guaranteed lending and commercial leases. The bank also demonstrated strong liquidity, with a significant 21.8% increase in total deposits. Investors should note the forward-looking nature of the company’s statements, acknowledging potential risks and uncertainties.