First Guaranty Bancshares (FGBI) AI Stock Analysis

• Market Cap: $114.32M
• Dividend Yield: 2.93%
• Average Volume (3M): 23.90K
• Price to Earnings (P/E): 67.4
• Beta (1Y): 0.04
• Revenue Growth: 14.50%
• EPS Growth: -73.50%
• Country: US
• Employees: 380
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): -0.54
• Shares Outstanding: 12,888,424
• 10 Day Avg. Volume: 19,334
• 30 Day Avg. Volume: 23,900
• PEG Ratio: -0.33
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.41
• Enterprise Value/Market Cap: 2.76
• Enterprise Value/Revenue: 0.75
• Enterprise Value/Gross Profit: 2.83
• Enterprise Value/Ebitda: 108.88
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ―

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.

First Guaranty Bancshares Business Overview & Revenue Model

Company Description

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including credit cards, mobile deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company operates through 36 banking facilities primarily located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Lake Charles, Alexandria, Dallas-Fort Worth-Arlington, Waco, Kentucky, and West Virginia. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.

How the Company Makes Money

First Guaranty Bancshares generates revenue primarily through interest income from its loan portfolio and investments. The company earns interest by lending money to customers in the form of various loan products, such as commercial loans, real estate loans, and consumer loans. Additionally, it earns income from its investment securities. Non-interest income, which includes fees from deposit accounts, electronic banking services, and other financial services, also contributes to its earnings. The bank's ability to maintain a favorable interest rate spread between the interest it earns on loans and investments and the interest it pays on deposits is crucial to its profitability. The company might also engage in strategic partnerships with other financial institutions to enhance its service offerings and customer reach.

First Guaranty Bancshares Financial Statement Overview

Summary

First Guaranty Bancshares demonstrates strong revenue growth and improved cash flow positions, supported by a robust equity base and debt elimination. While operational margins have faced pressure, the company's financial foundation and cash generation offer a stable outlook. Continued focus on improving profitability and managing investment outflows will be key to sustaining growth.

Income Statement

First Guaranty Bancshares shows a strong revenue growth trajectory with a significant increase in total revenue from $91.57M in 2023 to $221.71M in 2024, indicating robust growth. The net profit margin improved from 10.07% to 5.61%, which could indicate some cost pressures or other expenses impacting profitability. The absence of EBIT and EBITDA margins in 2024 implies operational challenges or changes in reporting structure. Overall, the income statement reflects solid growth but with some profitability concerns.

Balance Sheet

The balance sheet indicates a strong equity position with stockholders' equity increasing to $255.05M in 2024. The debt-to-equity ratio decreased to 0, highlighting the elimination of debt and potentially reducing financial risk. The equity ratio remains stable at around 6.42% in 2024, showing balanced asset growth. The strong cash position with an increase in cash and cash equivalents to $1.17B bolsters financial stability.

Cash Flow

Cash flow analysis reveals a healthy increase in operating cash flow to $33.73M in 2024. Free cash flow also improved significantly to $33.73M, indicating better cash generation capabilities. The operating cash flow to net income ratio reflects efficient cash utilization. However, the high investing cash outflows may require monitoring for long-term sustainability.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
111.51M	91.57M	109.30M	98.62M	124.46M
	Gross Profit
111.51M	93.48M	109.30M	98.62M	124.46M
	EBIT
16.27M	12.49M	37.03M	35.02M	25.54M
	EBITDA
0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
12.45M	9.22M	28.88M	27.30M	20.32M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.17B	286.45M	214.25M	472.37M	537.45M
	Total Assets
3.97B	3.55B	3.15B	2.88B	2.47B
	Total Debt
194.91M	275.40M	176.93M	43.20M	110.51M
	Net Debt
-369.11M	-17.02M	94.13M	-218.55M	-188.39M
	Total Liabilities
3.72B	3.30B	2.92B	2.65B	2.29B
	Stockholders Equity
255.05M	249.63M	234.99M	223.89M	178.59M
Cash Flow		Free Cash Flow
30.68M	6.76M	34.22M	24.32M	17.45M
	Operating Cash Flow
33.73M	21.71M	36.87M	26.52M	23.76M
	Investing Cash Flow
-142.07M	-206.09M	-467.91M	-452.64M	-128.46M
	Financing Cash Flow
386.09M	387.61M	252.33M	388.45M	336.88M

First Guaranty Bancshares Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 8.85 is below the 20-day moving average (MA) of 9.09, below the 50-day MA of 9.00, and below the 200-day MA of 10.12, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 45.16 is Neutral, neither overbought nor oversold. The STOCH value of 31.25 is Neutral, 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
PROV	70 Outperform	$105.41M	16.49	5.09%	3.52%	5.62%	-5.99%
FGBI	66 Neutral	$114.32M	67.40	1.58%	2.93%	14.50%	-73.50%
Sector *	64 Neutral	$12.86B	9.79	7.78%	16985.65%	12.28%	-7.82%
PBHC	54 Neutral	$93.66M	31.55	2.30%	2.62%	11.12%	53.85%
FNWB	53 Neutral	$79.87M	―	-10.46%	3.31%	10.31%	-557.61%
WMPN	53 Neutral	$113.45M	―	-0.81%	0.97%	2.25%	-261.40%
BSBK	41 Neutral	$93.01M	―	-0.73%	―	-9.96%	-23.54%

First Guaranty Bancshares Corporate Events

First Guaranty Bancshares Q4 2024 Financial Report Highlights

First Guaranty Bancshares, Inc. reported its financial performance for the fourth quarter of 2024, highlighting a year-over-year increase in total assets by 11.8% to $4.0 billion, despite a 2.0% decrease in total loans to $2.7 billion. The company achieved a net income of $1.0 million for the quarter and earnings per common share of $0.03, with a decrease in net interest margin by 19 basis points to 2.32%. Deposit growth was strong at 15.5% year-over-year, with new market entries, including the opening of a branch in Bridgeport, WV, contributing to this growth. However, the report indicated asset quality challenges, as non-performing assets rose to 3.03% of total assets.