First Guaranty Bancshares (FGBI) AI Stock Analysis

• Market Cap: $116.84M
• Dividend Yield: 0.84%
• Average Volume (3M): 18.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: 1.33%
• EPS Growth: -593.24%
• Country: US
• Employees: 380
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): N/A
• Shares Outstanding: 15,352,947
• 10 Day Avg. Volume: 24,250
• 30 Day Avg. Volume: 18,517
• PEG Ratio: 0.37
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.58
• P/FCF Ratio: 4.63
• Enterprise Value/Market Cap: -3.44
• Enterprise Value/Revenue: -1.77
• Enterprise Value/Gross Profit: -35.37
• Enterprise Value/Ebitda: 6.10
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: $8.00 ▲(24.22% Upside)

Overall score reflects weak profitability trends (income statement and negative ROE) as the biggest constraint, partially offset by strong free cash flow performance. Technicals show strong momentum but are overbought, while valuation is supported by a very high dividend yield despite a negative P/E. Corporate updates are generally positive but secondary to the financial performance concerns.

Positive Factors

Strong free cash flow growth

Sustained free cash flow growth improves the bank's ability to fund operations, pay dividends, and absorb credit losses without external financing. A near‑1 free cash flow to net income ratio indicates efficient cash conversion, supporting durable capital allocation and liquidity over months.

Relatively stable balance sheet

Manageable leverage and a healthy equity base provide regulatory and operational flexibility for a regional bank. This capital strength supports lending capacity, cushions credit stress, and enables strategic investments or shareholder returns, underpinning multi-month resilience and growth options.

Long, consistent dividend track record

A long uninterrupted dividend streak signals disciplined cash prioritization and a shareholder-return culture. For income-focused stakeholders, this consistency suggests management commitment to capital distribution and may reflect stable core cash generation that persists beyond short-term earnings volatility.

Negative Factors

Negative return on equity

A negative ROE indicates the bank is not generating returns sufficient to cover the cost of equity capital, eroding shareholder value over time. Persisting negative ROE reduces reinvestment capacity, limits strategic initiatives, and undermines long-term competitiveness in regional banking markets.

Sharp decline in revenue and profitability

Sustained revenue and profit declines weaken scale economics and pressure net interest and fee income durability. Negative margins constrain loan loss absorption, cost coverage, and reinvestment, elevating risk that the franchise cannot restore normalized profitability without strategic shifts or margin improvement.

Weak operating cash generation

Low operating cash conversion suggests earnings may rely on nonrecurring items or working capital swings, reducing earnings quality. Over time this undermines reliable internal funding for lending and dividends and increases vulnerability to funding stress or the need for external capital to support operations.

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 loans and investments, as well as non-interest income from fees for services provided. The main revenue streams include interest earned from commercial and consumer loans, mortgage loans, and investment securities. Additionally, the company earns fees from account maintenance, transaction services, and wealth management products. Significant partnerships with local businesses and community organizations enhance its market presence and customer base, contributing to its overall earnings. The bank's focus on fostering long-term relationships with clients and providing a diverse range of financial services further supports its revenue generation.

First Guaranty Bancshares Financial Statement Overview

Summary

First Guaranty Bancshares faces challenges in its income statement with declining revenues and profitability. The balance sheet remains stable with low leverage, but the negative return on equity is concerning. Cash flow performance is strong, with significant free cash flow growth, but operational cash flow needs improvement. The company must address income statement weaknesses to enhance overall financial health.

Income Statement

The income statement shows significant volatility. The TTM data indicates a sharp decline in revenue and profitability, with negative margins across the board. Historical data shows a decline in revenue growth and profitability, with the most recent year showing a negative net profit margin. The company needs to address these challenges to improve its financial health.

Balance Sheet

The balance sheet reflects a relatively stable financial position with a low debt-to-equity ratio in the TTM period, indicating manageable leverage. However, the return on equity has turned negative, suggesting inefficiencies in generating returns from equity. The equity ratio remains healthy, indicating a strong capital base.

Cash Flow

Cash flow analysis reveals strong free cash flow growth in the TTM period, indicating improved cash generation capabilities. The free cash flow to net income ratio is nearly 1, suggesting efficient conversion of income to cash. However, the operating cash flow to net income ratio is low, indicating potential issues in operational cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	227.20M	244.78M	191.78M	145.84M	120.92M	123.13M
Gross Profit	11.36M	91.47M	89.76M	105.64M	96.56M	82.24M
EBITDA	-65.85M	20.44M	15.92M	40.50M	39.23M	29.32M
Net Income	-57.46M	12.45M	9.22M	28.88M	27.30M	20.32M
Balance Sheet
Total Assets	3.80B	3.97B	3.55B	3.15B	2.88B	2.47B
Cash, Cash Equivalents and Short-Term Investments	1.11B	845.13M	369.60M	214.25M	472.37M	537.45M
Total Debt	186.10M	201.92M	275.40M	183.37M	49.63M	116.63M
Total Liabilities	3.58B	3.72B	3.30B	2.92B	2.65B	2.29B
Stockholders Equity	221.07M	255.05M	249.63M	234.99M	223.89M	178.59M
Cash Flow
Free Cash Flow	34.02M	30.68M	6.76M	34.22M	24.32M	17.45M
Operating Cash Flow	35.48M	33.73M	21.71M	36.87M	26.52M	23.76M
Investing Cash Flow	425.64M	-142.07M	-206.09M	-467.91M	-452.64M	-128.46M
Financing Cash Flow	-74.55M	386.09M	387.61M	252.33M	388.45M	336.88M

First Guaranty Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FGBI, the sentiment is Positive. The current price of 6.44 is above the 20-day moving average (MA) of 6.05, above the 50-day MA of 5.54, and below the 200-day MA of 7.76, indicating a neutral trend. The MACD of 0.64 indicates Negative momentum. The RSI at 80.16 is Negative, neither overbought nor oversold. The STOCH value of 94.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FGBI.

First Guaranty Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EBMT	75 Outperform	$160.32M	11.66	7.43%	2.93%	6.10%	59.32%
FNWD	73 Outperform	$152.59M	18.49	5.05%	0.97%	-7.20%	-29.17%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AFBI	64 Neutral	$124.28M	17.36	5.95%	―	5.18%	36.12%
RBKB	63 Neutral	$130.96M	25.69	3.95%	―	22.30%	―
FGBI	61 Neutral	$116.84M	-1.84	-24.07%	0.84%	1.33%	-593.24%

First Guaranty Bancshares Corporate Events

First Guaranty Bancshares Announces Quarterly Cash Dividend

On November 20, 2025, First Guaranty Bancshares, Inc. announced a quarterly cash dividend of $0.01 per share on its common stock. This marks the 130th consecutive quarterly dividend, highlighting the company’s consistent return to shareholders.

The most recent analyst rating on (FGBI) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on First Guaranty Bancshares stock, see the FGBI Stock Forecast page.

First Guaranty Bancshares Appoints New Chief Lending Officer

On December 4, 2025, First Guaranty Bancshares announced the appointment of Evan Singer as Chief Lending Officer of First Guaranty Bank. Evan Singer, who has over 16 years of banking experience, previously held various leadership roles at the bank, contributing to its growth and operational success. His return is part of a broader strategy initiated in July 2024 to enhance risk management and disciplined growth, which includes strengthening the leadership team to ensure sustainable growth and community support.

The most recent analyst rating on (FGBI) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on First Guaranty Bancshares stock, see the FGBI Stock Forecast page.

First Guaranty Bancshares Announces Quarterly Cash Dividend

On October 16, 2025, First Guaranty Bancshares, Inc. announced a quarterly cash dividend for its Series A Preferred Stock, with holders of record as of November 15, 2025, set to receive $0.421875 per Depositary Share on December 1, 2025. This announcement reflects the company’s commitment to providing returns to its shareholders and may impact investor sentiment positively as it demonstrates financial stability and shareholder value focus.

The most recent analyst rating on (FGBI) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on First Guaranty Bancshares stock, see the FGBI Stock Forecast page.