First Guaranty Bancshares (FGBI) AI Stock Analysis

• Market Cap: $129.88M
• Dividend Yield: 1.3%
• Average Volume (3M): 5.43K
• Price to Earnings (P/E): 65.8
• Beta (1Y): 0.18
• Revenue Growth: 9.81%
• EPS Growth: -220.92%
• Country: US
• Employees: 380
• Sector: Financial
• Sector Strength: 75
• Industry: Banks - Regional
• EPS (TTM): -0.61
• Shares Outstanding: 15,120,172
• 10 Day Avg. Volume: 8,730
• 30 Day Avg. Volume: 5,434
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: -2.91
• Enterprise Value/Revenue: -2.02
• Enterprise Value/Gross Profit: -6.58
• Enterprise Value/Ebitda: 44.79
• 1Y Price Target: $8.50
• Price Target Upside: -1.05% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: $8.50 ▼(-1.05% Downside)

The overall stock score of 46 reflects significant financial challenges, including declining revenue and profitability, and cash flow issues. Technical analysis provides mixed signals, while valuation metrics suggest potential overvaluation. Despite positive corporate events, the financial performance and valuation concerns weigh heavily on the score.

First Guaranty Bancshares Business Overview & Revenue Model

Company Description

First Guaranty Bancshares, Inc. (FGBI) is a financial services holding company headquartered in Hammond, Louisiana. It operates through its wholly-owned subsidiary, First Guaranty Bank, which offers a comprehensive range of banking services including personal and commercial banking, mortgage lending, and wealth management. FGBI primarily serves customers in Louisiana and Texas, catering to individual consumers, small to medium-sized businesses, and local communities with a focus on providing personalized service and innovative financial solutions.

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 and service charges. The company's main revenue streams include interest earned on loans made to consumers and businesses, which typically form the largest portion of their income, alongside interest from securities and other financial instruments. Additionally, FGBI earns non-interest income through various fees associated with banking services, such as account maintenance fees, transaction fees, and mortgage origination fees. The bank may also see revenue from wealth management services, including advisory fees for managing client investments. Strategic partnerships with local businesses and community organizations help enhance its service offerings and attract more customers, further contributing to its revenue growth.

First Guaranty Bancshares Financial Statement Overview

Summary

First Guaranty Bancshares shows a solid revenue growth trajectory with a 28% increase in revenue from 2022 to 2023, but faces challenges in maintaining profitability, as evidenced by declining margins and ROE. The balance sheet shows moderate leverage and stable equity, while cash flow metrics are strong, indicating effective cash management. Focus on improving operational efficiency could enhance profitability.

Income Statement

The income statement shows a steady increase in total revenue over the years, with a notable revenue growth rate of 28.0% from 2022 to 2023 and 27.6% from 2023 to 2024. However, the gross profit margin has been declining, indicating rising costs or pricing pressures. The net profit margin has also decreased, suggesting reduced profitability. The EBIT and EBITDA margins have similarly declined, reflecting operational challenges.

Balance Sheet

The balance sheet reflects a stable equity base with a debt-to-equity ratio of 0.80 in TTM, indicating moderate leverage. The return on equity has decreased over time, from 15.3% in 2022 to 1.6% in TTM, highlighting reduced profitability. The equity ratio remains stable, suggesting a balanced capital structure, but the declining ROE is a concern.

Cash Flow

Cash flow analysis reveals strong free cash flow growth of 15.6% from 2024 to TTM, indicating effective cash management. The operating cash flow to net income ratio is robust, suggesting efficient conversion of income into cash. The free cash flow to net income ratio is also strong, reflecting good cash generation relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	187.20M	244.78M	191.78M	145.84M	120.92M	123.13M
Gross Profit	57.36M	91.47M	89.76M	105.64M	96.56M	82.24M
EBITDA	-8.43M	20.44M	15.92M	40.50M	39.23M	29.32M
Net Income	-9.06M	12.45M	9.22M	28.88M	27.30M	20.32M
Balance Sheet
Total Assets	3.97B	3.97B	3.55B	3.15B	2.88B	2.47B
Cash, Cash Equivalents and Short-Term Investments	1.09B	845.13M	369.60M	214.25M	472.37M	537.45M
Total Debt	186.08M	201.92M	275.40M	183.37M	49.63M	116.63M
Total Liabilities	3.71B	3.72B	3.30B	2.92B	2.65B	2.29B
Stockholders Equity	263.09M	255.05M	249.63M	234.99M	223.89M	178.59M
Cash Flow
Free Cash Flow	10.27M	30.68M	6.76M	34.22M	24.32M	17.45M
Operating Cash Flow	10.91M	33.73M	21.71M	36.87M	26.52M	23.76M
Investing Cash Flow	49.47M	-142.07M	-206.09M	-467.91M	-452.64M	-128.46M
Financing Cash Flow	355.53M	386.09M	387.61M	252.33M	388.45M	336.88M

First Guaranty Bancshares Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 8.59
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FGBI, the sentiment is Neutral. The current price of 8.59 is above the 20-day moving average (MA) of 8.09, above the 50-day MA of 8.38, and below the 200-day MA of 9.46, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.67 is Neutral, neither overbought nor oversold. The STOCH value of 92.53 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FGBI.

First Guaranty Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PROV	69 Neutral	$102.60M	16.67	4.84%	3.59%	2.53%	-12.02%
Sector *	68 Neutral	$18.05B	11.73	10.24%	3.73%	9.66%	1.70%
PBHC	63 Neutral	$92.22M	160.24	2.33%	2.70%	8.19%	―
BSBK	55 Neutral	$121.63M	―	-0.25%	―	-12.23%	83.58%
WMPN	53 Neutral		―		―	2.25%	-261.40%
FGBI	46 Neutral	$129.88M	65.81	-4.06%	1.30%	9.81%	-220.92%
FNWB	44 Neutral	$67.81M	―	-6.59%	3.89%	10.23%	-110.17%

First Guaranty Bancshares Corporate Events

First Guaranty Bancshares Declares Quarterly Cash Dividend

On August 21, 2025, First Guaranty Bancshares, Inc. declared a quarterly cash dividend of $0.01 per share on its outstanding common stock. This dividend, payable on September 30, 2025, marks the 129th consecutive quarterly dividend, reflecting the company’s ongoing commitment to returning value to its shareholders.

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.