FGBI
First Guaranty Bancshares, Inc.5.03
+0.14+2.86%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
77.23MP/E (TTM)
-Basic EPS (TTM)
-4.42Dividend Yield
0.01%Recent Filings
8-K
8-K
8-K
Q3 loss from credit provisions
First Guaranty Bancshares swung to a $45.0 million net loss in Q3 2025, hammered by a $47.9 million credit loss provision—mostly $39.8 million tied to a $52.0 million auto parts lease exposure amid Chapter 11 bankruptcy—and a $12.9 million goodwill impairment. Loans dropped 15.4% to $2.3 billion, nonaccrual loans hit $114.3 million, yet the bank's risk-weighted capital ratio climbed to 12.34%. Core operations held steady. Reserves now cover 75% of nonaccruals.
8-K
Q2 loss amid asset cleanup
First Guaranty Bancshares reported a Q2 2025 net loss of $7.3 million, or $0.61 per share, driven by a $16.6 million provision for credit losses amid elevated non-performing assets. Yet the bank slashed non-performing assets by $6.8 million through a key commercial real estate workout, while total loans dipped to $2.41 billion to curb concentration risks. Noninterest expenses fell $3.3 million year-over-year to $17.3 million, advancing $13.4 million in annualized savings. Proactive risk management bolsters asset quality.
8-K
Quarterly dividend declared
First Guaranty Bancshares declared a quarterly cash dividend of $0.01 per share on August 21, 2025, payable September 30 to shareholders of record on September 23. This marks the 129th consecutive quarterly payout, signaling steady commitment to returns amid banking sector pressures. It underscores reliable shareholder support. Yet, the modest amount reflects cautious capital management.
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