First Guaranty Bancshares, Inc. (FGBI)

First Guaranty Bancshares (FGBI) came out with a quarterly loss of $2.16 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to earnings of $0.11 per share a year ago.

First Guaranty Bancshares (NASDAQ: FGBI - Get Free Report) and Hancock Whitney (NASDAQ: HWC - Get Free Report) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, dividends, risk, earnings, analyst recommendations, valuation and profitability. Volatility and Risk First Guaranty Bancshares has

First Guaranty Bancshares (FGBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Guaranty Bancshares (FGBI) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.2. This compares to earnings of $0.53 per share a year ago.

First Guaranty (FGBI) Q2 Loss Jumps 194%

First Guaranty Bancshares (FGBI) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of $0.17. This compares to earnings of $0.14 per share a year ago.

First Guaranty is a regional bank with a small footprint and loyal customer base. FY 2024 was challenging for the bank, with lackluster returns and core profitability being driven by declining asset quality. The bank remains liquid and well capitalized and the current focus on stability over rapid growth is commendable, but asset quality remains a concern.

First Guaranty Bancshares (FGBI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

First Guaranty Bancshares (FGBI) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.80 per share. This compares to earnings of $0.06 per share a year ago.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of First Guard Insurance Company (First Guard) (Scottsdale, AZ). First Guard is a subsidiary of Biglari Holdings Inc. [NYSE: BH]. The Credit Ratings (ratings) of First Guard have been placed under review with developing implications following the approval of a reinsurance agreement submitted to the.

First Guaranty Bancshares faced interest rate volatility but stabilized its net interest margin at around 2.5%. FGBI's deposit growth surged by 12% in Q3, reducing its loan-to-deposit ratio below 80%, and enabling it to pay off $60 million in debt. Risks include declining loan performance, a high concentration in commercial real estate loans, and an inadequate allowance for credit losses, impacting common shares.

First Guaranty Bancshares (FGBI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

First Guaranty Bancshares (FGBI) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.10 per share a year ago.

HAMMOND, La., Oct. 31, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the third quarter and nine months ending September 30, 2024.

First Guaranty Bancshares (FGBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.