First Guaranty Bancshares (FGBI)
NASDAQ:FGBI
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First Guaranty Bancshares
(NASDAQ:FGBI)
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Rating:47Neutral
Price Target:
$9.50
▲(47.52% Upside)
Action:ReiteratedDate:04/01/26
The score is primarily held down by the 2025 deterioration in profitability and cash flow (losses, negative free cash flow, and sharply negative ROE). Technical indicators also lean soft (negative MACD, sub-50 RSI, price below short-term moving averages). Valuation is mixed due to a negative P/E and an unusually high dividend yield that may reflect risk. Corporate events provide some offset via expected capital ratio improvement from the Texas exit and added funding flexibility.
Positive Factors
Community-banking deposit franchise
First Guaranty’s community-banking model provides a stable, core deposit base and local commercial lending relationships. Durable deposit funding supports net interest income, credit origination and treasury services, giving the bank recurring revenue channels and resilience versus non-deposit funded competitors.
Negative Factors
Sharp 2025 profitability reversal
The swing to a substantial 2025 net loss and negative operating margins materially weakens internal capital generation. Sustained losses impair ability to absorb credit shocks, constrain reinvestment and limit strategic options, making near-term normalization and earnings recovery a critical risk for shareholders.
Read all positive and negative factors
Positive Factors
Negative Factors
Community-banking deposit franchise
First Guaranty’s community-banking model provides a stable, core deposit base and local commercial lending relationships. Durable deposit funding supports net interest income, credit origination and treasury services, giving the bank recurring revenue channels and resilience versus non-deposit funded competitors.
Read all positive factors
First Guaranty Bancshares (FGBI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$154.46M
Dividend Yield0.84%
Average Volume (3M)18.52K
Price to Earnings (P/E)―
Beta (1Y)0.36
Revenue Growth1.33%
EPS Growth-593.24%
CountryUS
Employees380
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)N/A
Shares Outstanding15,793,433
10 Day Avg. Volume24,250
30 Day Avg. Volume18,517
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.33
Price to Sales (P/S)0.38
P/FCF Ratio-7.53
Enterprise Value/Market Cap-3.28
Enterprise Value/Revenue-2.29
Enterprise Value/Gross Profit-40.64
Enterprise Value/Ebitda7.75
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 ...
How the Company Makes Money
FGBI primarily makes money through its banking subsidiary by (1) generating net interest income and (2) earning noninterest income/fees. Net interest income is typically the largest revenue source for a community bank: the bank collects interest a...
First Guaranty Bancshares Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
47
Neutral
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 195.96M | 244.78M | 191.78M | 145.84M | 120.92M |
| Gross Profit | -12.11M | 91.47M | 89.76M | 105.64M | 96.56M |
| EBITDA | -68.56M | 20.44M | 15.92M | 40.50M | 39.23M |
| Net Income | -56.02M | 12.45M | 9.22M | 28.88M | 27.30M |
Balance Sheet | |||||
| Total Assets | 4.08B | 3.97B | 3.55B | 3.15B | 2.88B |
| Cash, Cash Equivalents and Short-Term Investments | 845.70M | 845.13M | 369.60M | 214.25M | 472.37M |
| Total Debt | 186.13M | 201.92M | 275.40M | 183.37M | 49.63M |
| Total Liabilities | 3.85B | 3.72B | 3.30B | 2.92B | 2.65B |
| Stockholders Equity | 226.22M | 255.05M | 249.63M | 234.99M | 223.89M |
Cash Flow | |||||
| Free Cash Flow | -9.98M | 30.68M | 6.76M | 34.22M | 24.32M |
| Operating Cash Flow | -8.28M | 33.73M | 21.71M | 36.87M | 26.52M |
| Investing Cash Flow | 129.90M | -142.07M | -206.09M | -467.91M | -452.64M |
| Financing Cash Flow | 159.88M | 386.09M | 387.61M | 252.33M | 388.45M |
First Guaranty Bancshares Technical Analysis
Positive
6.44
Price Trends
8.84
Positive
7.42
Positive
7.73
Positive
Market Momentum
0.30
Negative
61.42
Neutral
82.36
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 below the 20-day moving average (MA) of 8.76, below the 50-day MA of 8.84, and below the 200-day MA of 7.73, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 61.42 is Neutral, neither overbought nor oversold. The STOCH value of 82.36 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FGBI.
First Guaranty Bancshares Risk Analysis
First Guaranty Bancshares disclosed 44 risk factors in its most recent earnings report. First Guaranty Bancshares reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
First Guaranty Bancshares Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $174.60M | 10.47 | 8.06% | 2.93% | 6.10% | 59.32% | |
68 Neutral | $173.46M | 12.98 | 7.66% | ― | 22.30% | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $135.98M | 15.07 | 6.68% | ― | 5.18% | 36.12% | |
58 Neutral | $151.57M | 18.95 | 5.01% | 0.97% | -7.20% | -29.17% | |
47 Neutral | $154.46M | -1.34 | -23.30% | 0.84% | 1.33% | -593.24% |
* Financial Sector Average
FGBI
First Guaranty Bancshares
9.50
0.47
5.23%
EBMT
Eagle Bancorp Montana
21.93
6.25
39.85%
AFBI
Affinity Bancshares
22.37
4.57
25.67%
RBKB
Rhinebeck Bancorp
15.66
5.44
53.23%
FNWD
Finward Bancorp
35.26
5.99
20.47%
ECBK
ECB Bancorp, Inc.
18.52
3.45
22.89%
First Guaranty Bancshares Corporate Events
Business Operations and StrategyPrivate Placements and Financing
First Guaranty Amends Insider Notes to Boost Flexibility
Positive
Mar 24, 2026
On March 20, 2026, First Guaranty Bancshares, Inc. executed a second amendment to its promissory note with Smith Tate Investment, L.L.C., a firm controlled by director and principal shareholder Edgar Ray Smith III. The amendment extends the waive...
Dividends
First Guaranty Bancshares Declares 131st Consecutive Quarterly Dividend
Positive
Mar 17, 2026
On February 19, 2026, First Guaranty Bancshares, Inc. announced that its board of directors declared a quarterly cash dividend of $0.01 per share on its outstanding common stock. The dividend will be paid on March 31, 2026, to shareholders of reco...
Business Operations and StrategyM&A Transactions
First Guaranty Bancshares to Exit Texas Operations
Positive
Mar 11, 2026
On March 10, 2026, First Guaranty Bancshares, Inc. announced it had signed a definitive purchase and assumption agreement to sell its Texas operations, including five branches in the Dallas‑Fort Worth metroplex and Waco, to Armstrong Bank of...
Dividends
First Guaranty Bancshares Declares Quarterly Series A Dividend
Positive
Feb 9, 2026
On January 15, 2026, First Guaranty Bancshares, Inc. announced that holders of record on February 15, 2026, of its depositary shares tied to its 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock would receive a quarterly cash dist...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.