First Guaranty Bancshares Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 10.23
Dividend & Yield0.64$ (2.73%)
Beta 0.48
Market capitalization 257.2M
Operating cash flow 51.15M
ESG Scores unknown

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 market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including credit cards, mobile deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company operates through 36 banking facilities primarily located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Lake Charles, Alexandria, Dallas-Fort Worth-Arlington, Waco, Kentucky, and West Virginia. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities 6.79M -131.91M -128.46M -452.64M
Net Borrowings -18.44M 28.68M 29.9M -67M
Total Cash From Financing Activities 56.26M 42.29M 336.88M 388.45M
Change To Operating Activities 5.15M 6.69M -3.27M -6.35M
Issuance Of Stock 1M 1M
Net Income 14.21M 14.24M 20.32M 27.3M
Change In Cash 89.94M -60.54M 232.18M -37.67M
Effect Of Exchange Rate
Total Cash From Operating Activities 26.89M 29.08M 23.76M 26.52M
Depreciation 3.29M 3.06M 3.78M 4.78M
Change To Account Receivables
Other Cashflows From Financing Activities 80.34M 18.41M 313.21M 430.17M
Change To Netincome 4.24M 5.09M 2.93M 795k
Capital Expenditures -3.79M -11.93M -6.31M -2.2M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 17.68M 17.9M 25.54M 34.45M
Net Income 14.21M 14.24M 20.32M 27.3M
Selling General Administrative 30.72M 33.37M 38.76M 43.57M
Gross Profit 60.95M 65.12M 83.57M 98.32M
Ebit
Operating Income 17.68M 17.9M 25.54M 34.45M
Interest Expense
Income Tax Expense 3.46M 3.66M 5.22M 7.16M
Total Revenue 60.95M 65.12M 83.57M 98.32M
Cost Of Revenue
Total Other Income ExpenseNet
Net Income From Continuing Ops 14.21M 14.24M 20.32M 27.3M
Net Income Applicable To Common Shares 14.21M 14.24M 20.32M 25.91M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.67B 1.95B 2.29B 2.65B
Total Stockholder Equity 147.28M 166.03M 178.59M 190.83M
Other Current Liabilities
Total Assets 1.82B 2.12B 2.47B 2.88B
Common Stock 9.69M 9.74M 10.72M 10.72M
Other Current Assets 7.06M 8.41M 11.93M 12.05M
Retained Earnings 34.95M 43.28M 37.13M 56.65M
Treasury Stock -7.14M 2.17M 647k -6.63M
Cash 127.97M 67.42M 299.61M 261.93M
Total Current Liabilities 1.63B 1.87B 2.22B 2.6B
Other Stockholder Equity -7.14M 2.17M 647k -6.63M
Property, Plant, and Equipment 39.7M 56.46M 59.89M 58.64M
Total Current Assets 136.16M 80.72M 313.78M 276.05M
Net Tangible Assets 141.11M 146.57M 159.88M 172.88M
Net Receivables
Accounts Payable 1.63B 1.85B 2.17B 2.6B


Insider Transactions

Here are the insider transactions of stock shares related to First Guaranty Bancshares Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
REYNOLDS MARSHALL TSale at price 23.98 per share.I2022-11-14Chairman of the Board7.83k
REYNOLDS MARSHALL TSale at price 22.68 - 23.03 per share.I2022-09-12Chairman of the Board3.65k
SMITH EDGAR R IIIPurchase at price 22.00 per share.I2022-09-12Director418
HOOD WILLIAM K JRPurchase at price 22.00 per share.I2022-09-12Director418
SMITH EDGAR R IIIPurchase at price 22.50 - 22.95 per share.I2022-08-31Director10.89k
HOOD WILLIAM K JRPurchase at price 22.50 - 22.95 per share.I2022-08-31Director10k
REYNOLDS MARSHALL TSale at price 23.60 - 23.69 per share.I2022-08-08Chairman of the Board1.26k
REYNOLDS MARSHALL TSale at price 27.99 per share.I2022-05-18Chairman of the Board1.15k
REYNOLDS MARSHALL TSale at price 22.16 per share.I2022-03-17Chairman of the Board1.39k
REYNOLDS MARSHALL TStock Gift at price 0.00 per share.D2022-02-17Chairman of the Board166.3k
HOOD WILLIAM K JRStock Gift at price 0.00 per share.I2022-02-09Director5.01k
SMITH EDGAR R IIIPurchase at price 20.70 per share.D2022-02-01Director and Beneficial Owner of more than 10% of a Class of Security348
SMITH EDGAR R IIIPurchase at price 21.25 - 23.00 per share.I2021-11-18Director and Beneficial Owner of more than 10% of a Class of Security8.1k
HOOD WILLIAM K JRPurchase at price 18.75 - 19.35 per share.I2021-06-18Director9.48k
SMITH EDGAR R IIIPurchase at price 19.35 per share.I2021-06-14Director5.34k
HOOD WILLIAM K JRPurchase at price 19.35 per share.I2021-06-14Director9.5k
SMITH EDGAR R IIIPurchase at price 19.35 per share.I2021-06-09Director4.16k
SMITH EDGAR R IIIPurchase at price 19.35 per share.I2021-05-26Director3.66k
HOOD WILLIAM K JRPurchase at price 19.35 per share.I2021-05-26Director3.66k
SMITH EDGAR R IIIPurchase at price 19.34 - 19.35 per share.D2021-05-25Director4.29k
HOOD WILLIAM K JRPurchase at price 19.35 per share.I2021-05-25Director4.29k
REYNOLDS MARSHALL TStock Gift at price 0.00 per share.I2021-05-19Chairman of the Board63
LEWIS ALTON B JRStock Award(Grant) at price 0.00 per share.D2021-03-12Chief Executive Officer54
DOSCH ERIC JStock Award(Grant) at price 0.00 per share.D2021-03-12Chief Financial Officer54
HOOD WILLIAM K JRPurchase at price 16.64 - 17.00 per share.I2021-02-26Director3.24k
SMITH & HOOD INVESTMENTS, L.L.C.Purchase at price 16.64 - 16.66 per share.D2021-02-26Beneficial Owner of more than 10% of a Class of Security3k
LEWIS ALTON B JRStock Award(Grant) at price 0.00 per share.D2021-01-04Chief Executive Officer5.29k
DOSCH ERIC JStock Award(Grant) at price 0.00 per share.D2021-01-04Chief Financial Officer2.64k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to First Guaranty Bancshares Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on First Guaranty Bancshares Inc

Here is the result of two systematic investment strategies applied to First Guaranty Bancshares Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on First Guaranty Bancshares Inc

The following chart shows the equity curve of the two systematic investment strategies applied to First Guaranty Bancshares Inc:

First Guaranty Bancshares Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 38.29% on the backtest period.

Performance at glance

Performance

38.29 %

Latent gain

668.03 $

Invested capital

1744.77 $

Annualized return

9.34 %
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Momentum strategy results on First Guaranty Bancshares Inc

This is the result of two momentum investment strategies applied to First Guaranty Bancshares Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on First Guaranty Bancshares Inc

The following chart shows all the entries opened by the momentum investment system on First Guaranty Bancshares Inc:

First Guaranty Bancshares Inc momentum entries
  • The first momentum investment strategy would give 37.49% of return on First Guaranty Bancshares Inc. That represents 2055.83$ of latent gain with 5484.17$ of employed capital.
  • The second momentum investment strategy would give 32.15% of return on First Guaranty Bancshares Inc. That represents 1924.69$ of latent gain with 5986.51$ of employed capital.
Performance at glance (1Q Momentum)

Performance

37.49 %

Latent gain

2055.83 $

Invested capital

5484.17 $

Annualized return

14.3 %
Performance at glance (2Q Momentum)

Performance

32.15 %

Latent gain

1924.69 $

Invested capital

5986.51 $

Annualized return

8.88 %

Momentum equity curve on First Guaranty Bancshares Inc

The following chart shows the equity curve of the two momentum strategies applied to First Guaranty Bancshares Inc:

First Guaranty Bancshares Inc momentum equity

Note: the dividends potentially given by First Guaranty Bancshares Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on First Guaranty Bancshares Inc

The following chart shows the employed capital evolution of the two momentum strategies on First Guaranty Bancshares Inc since the beginning:

First Guaranty Bancshares Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on First Guaranty Bancshares Inc

Buy the dip entry openings on First Guaranty Bancshares Inc

First Guaranty Bancshares Inc

The performance achieved by the robo-advisor on First Guaranty Bancshares Inc is 30.03%. That represents 375.06$ of latent gain with 1248.94$ of employed capital. The following chart shows First Guaranty Bancshares Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of First Guaranty Bancshares Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

30.03 %

Latent gain

375.06 $

Invested capital

1248.94 $

Annualized return

14.3 %

Equity curve of the strategy applied to First Guaranty Bancshares Inc

The following chart shows the result of the investment strategy applied to First Guaranty Bancshares Inc:

First Guaranty Bancshares Inc

Note: the dividends potentially given by First Guaranty Bancshares Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on First Guaranty Bancshares Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on First Guaranty Bancshares Inc:

First Guaranty Bancshares Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on First Guaranty Bancshares Inc

In this section, I will compare the three previous investment strategies applied to First Guaranty Bancshares Inc.

Equity curve comparison on First Guaranty Bancshares Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

First Guaranty Bancshares Inc investment strategy comparison

Employed capital comparison on First Guaranty Bancshares Inc

First Guaranty Bancshares Inc investment comparison

Performance comparison on First Guaranty Bancshares Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 38.29% 668.03$ 1744.77$ 9.34%
Momentum 1 quarter 37.49% 2055.83$ 5484.17$ 9.71%
Momentum 2 quarters 32.15% 1924.69$ 5986.51$ 8.88%
Non-directional 30.03% 375.06$ 1248.94$ 14.3%
Annualized return comparison

Automatic investment

9.34 %

Momentum 1Q

8.88 %

Momentum 2Q

8.88 %

Non-directional

14.3 %

Correlated stocks

Here are the most positively and negatively correlated stocks with First Guaranty Bancshares Inc:

Positive correlations

Most correlated stocks this year

  • First Guaranty Bancshares Inc

  • Most correlated stocks last 3 months

  • First Guaranty Bancshares Inc
  • Continental Resources Inc (OKLA)

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between First Guaranty Bancshares Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of First Guaranty Bancshares Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name First Guaranty Bancshares Inc
    Country United States
    City Hammond
    Address 400 East Thomas Street
    Phone 985 345 7685
    Website www.fgb.net
    FullTime employees 463
    Industry Banks—Regional
    Sector Financial Services
    Exchange XNAS
    Ticker FGBI
    Market www.nasdaq.com

    First Guaranty Bancshares Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown