First Guaranty Bancshares

FGBI

Market cap $123M

First Guaranty Bancshares (FGBI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

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 on Friday said it has swung to a third-quarter loss, as the lender booked an impairment charge and increased reserves for bad loans linked to an auto parts manufacturer bankruptcy.

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.