First Guaranty Bancshares (FGBI) AI Stock Analysis

• Market Cap: $147.93M
• Dividend Yield: 1.23%
• Average Volume (3M): 11.62K
• Price to Earnings (P/E): 65.7
• Beta (1Y): 0.25
• Revenue Growth: 14.47%
• EPS Growth: -73.50%
• Country: US
• Employees: 380
• Sector: Financial
• Sector Strength: 78
• Industry: Banks - Regional
• EPS (TTM): -0.54
• Shares Outstanding: 17,101,679
• 10 Day Avg. Volume: 7,665
• 30 Day Avg. Volume: 11,623
• PEG Ratio: -0.30
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.94
• Enterprise Value/Market Cap: -2.12
• Enterprise Value/Revenue: -0.33
• Enterprise Value/Gross Profit: -3.93
• Enterprise Value/Ebitda: -4.39
• 1Y Price Target: $8.50
• Price Target Upside: -4.92% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: $9.50 ▲(6.26%Upside)

The stock score is driven by strong financial performance but hindered by high valuation, with technical indicators showing moderate upward momentum. Corporate events positively influence the score by strengthening the equity position and maintaining a commitment to dividends.

First Guaranty Bancshares Business Overview & Revenue Model

Company Description

First Guaranty Bancshares, Inc. (FGBI) is a bank holding company headquartered in Hammond, Louisiana. It operates through its subsidiary, First Guaranty Bank, which provides a range of financial services primarily within the commercial banking sector. The bank offers personal and business banking services, including checking accounts, savings accounts, loans, and lines of credit. It also provides mortgage services and wealth management solutions to its customers.

How the Company Makes Money

First Guaranty Bancshares generates revenue primarily through interest income from its lending activities, which include personal loans, commercial loans, and mortgages. The company also earns money from fees associated with its banking services, such as account maintenance fees, transaction fees, and service charges. Additionally, the bank invests in securities and other financial instruments, which contributes to its income through interest and dividends. Key partnerships with businesses for commercial banking services and relationships with individual customers for personal banking are significant factors contributing to the company's earnings.

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. However, operational margins have faced pressure, impacting profitability. 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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	246.45M	244.78M	191.78M	145.84M	120.92M	123.13M
Gross Profit	79.65M	91.47M	89.76M	105.64M	96.56M	82.24M
EBITDA	9.66M	20.44M	15.92M	40.50M	39.23M	29.32M
Net Income	3.97M	12.45M	9.22M	28.88M	27.30M	20.32M
Balance Sheet
Total Assets	3.83B	3.97B	3.55B	3.15B	2.88B	2.47B
Cash, Cash Equivalents and Short-Term Investments	864.46M	845.13M	369.60M	214.25M	472.37M	537.45M
Total Debt	201.05M	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	251.44M	255.05M	249.63M	234.99M	223.89M	178.59M
Cash Flow
Free Cash Flow	35.47M	30.68M	6.76M	34.22M	24.32M	17.45M
Operating Cash Flow	37.12M	33.73M	21.71M	36.87M	26.52M	23.76M
Investing Cash Flow	1.74M	-142.07M	-206.09M	-467.91M	-452.64M	-128.46M
Financing Cash Flow	247.51M	386.09M	387.61M	252.33M	388.45M	336.88M

First Guaranty Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.94
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 8.94 is above the 20-day moving average (MA) of 8.60, above the 50-day MA of 8.74, and below the 200-day MA of 9.84, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 57.53 is Neutral, neither overbought nor oversold. The STOCH value of 29.80 is Neutral, 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
PROV	74 Outperform	$103.82M	16.24	5.09%	3.57%	5.62%	-5.99%
FGBI	65 Neutral	$147.93M	65.73	1.58%	1.23%	14.47%	-73.50%
PBHC	64 Neutral	$93.66M	31.55	2.30%	3.28%	11.12%	53.85%
Sector *	58 Neutral	HK$91.35B	5.48	-3.21%	4.86%	7.36%	-55.21%
BSBK	56 Neutral	$104.33M	―	-0.73%	―	-9.96%	-23.54%
FNWB	43 Neutral	$75.24M	―	-10.46%	3.57%	10.02%	-1855.34%

First Guaranty Bancshares Corporate Events

First Guaranty Bancshares Announces Quarterly Cash Dividend

On July 17, 2025, First Guaranty Bancshares, Inc. announced a quarterly cash dividend for holders of its 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The dividend, amounting to $0.421875 per Depositary Share, will be distributed on September 2, 2025, to shareholders of record as of August 15, 2025.

First Guaranty Bancshares Issues New Common Stock

On June 30, 2025, First Guaranty Bancshares, Inc. issued 2,201,448 shares of common stock through various agreements and a private placement. This issuance included 131,460 shares sold in a private placement and 1,981,506 shares exchanged for a subordinated note held by a significant shareholder, Edgar Ray Smith, III. The proceeds from these transactions are intended for general corporate purposes, and the issuance was conducted without underwriting discounts or commissions, leveraging exemptions from registration provisions under the Securities Act.

First Guaranty Bancshares Enters Exchange Agreement with Director

On June 16, 2025, First Guaranty Bancshares entered into an Exchange Agreement with Edgar Ray Smith, III, a director and significant shareholder, to exchange a $15 million subordinated note for 1,981,506 shares of newly issued common stock. This strategic move aims to strengthen the company’s equity position, with the exchange expected to be completed by June 30, 2025, subject to certain conditions and approvals.

First Guaranty Bancshares Amends Promissory Note Agreement

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.

First Guaranty Bancshares Announces Quarterly Cash Dividend

On May 15, 2025, First Guaranty Bancshares, Inc. announced a quarterly cash dividend of $0.01 per share on its common stock, marking the 128th consecutive quarterly dividend. The dividend will be payable to shareholders of record as of June 23, 2025, with payment expected on June 30, 2025, demonstrating the company’s ongoing commitment to returning value to its shareholders.

First Guaranty Bancshares Shareholders Approve Key Proposals

At the annual meeting of shareholders of First Guaranty Bancshares, Inc. held on May 15, 2025, shareholders voted on several key matters. All proposed directors were elected, and the advisory vote on executive compensation was approved. Additionally, the appointment of Griffith, DeLaney, Hillman & Lett, CPAs, PSC as the independent registered public accounting firm for the year ending December 31, 2025, was ratified.