First Guaranty Bancshares, Inc. (FGBI)

In the past six months, FGBI's share price declined by 38.23%. The company experienced a third-quarter loss in 2025 due to an impairment charge and increased reserves for bad loans. FGBI reported a Q2 loss in 2025, which jumped by 194%. There were delays in filing its 10-Q reports. Director Edgar R. Smith III purchased additional shares of FGBI common stock. The company declared quarterly cash dividends in June 2024 and September 2025. Michael R. Mineer was appointed CEO in 2024.

Information regarding demand seasonality for First Guaranty Bancshares, Inc. products and services is not explicitly detailed in the provided search results. However, Seeking Alpha offers a "FGBI Seasonality" tool that displays mean and median monthly returns to identify seasonal patterns, suggesting that such patterns may exist for the stock.

First Guaranty Bancshares, Inc. (FGBI) is a financial holding company operating through First Guaranty Bank, providing commercial and retail banking services. The company attracts deposits and invests them into lending activities and securities. FGBI offers deposit products like checking, savings, and money market accounts, and loan products including commercial real estate, commercial and industrial, and residential loans. Consumer services include credit cards, mobile deposit capture, and online banking, while business services cover merchant services and remote deposit capture. The company also invests in securities issued by the U.S. Government, state and municipal obligations, and corporate debt.

First Guaranty Bancshares, Inc. is headquartered in Hammond, Louisiana, and operates approximately 31 to 36 locations across Louisiana, Mississippi, Texas, Kentucky, and West Virginia. Its presence in Texas is in northeast Texas, and it has expanded into central Florida.

First Guaranty Bancshares was named the "Best Small Bank in the U.S. for the THIRD CONSECUTIVE YEAR" in its 2023 annual report. However, the company has faced asset quality challenges, with non-performing assets rising to 3.03% of total assets in the fourth quarter of 2024. There have been reports of material weakness in financial reporting controls.

The ownership of First Guaranty Bancshares (FGBI) is a mix of individual, institutional, and insider ownership. Individuals hold approximately 75.69% of the shares, with Edgar R. Smith III owning the most shares. Institutional investors own about 5.93% of the stock, including Vanguard Group Inc., VTSMX, VEXMX, Bridgeway Capital Management Inc., and BlackRock, Inc. Insiders hold approximately 64.09% of the stock.