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First Guaranty Bancshares, Inc.

FGBI Financial Banks Regional

First Guaranty Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $221.8 million, down 10.0% from fiscal 2024.

Revenue
−5.84%
EPS
+127.9%
Free cash flow
+17.4%
Total debt
+0.11%

Quarter to June 2026, against a year earlier

11.68 0.10 −0.85%
Market cap
$196.0M
P/E
0.0×
Fwd P/E
20.6×
Dividend yield
0.34%
F-score
2/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 8.49
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 5 — — 3 3 — 2 — 3 5 — —
Sell — — — — — — — — — — — —
Insider Ownership 56.88%

Capital & Financial Ratios $m

Size
Market Cap 196.00
Revenue ttm 216.12
Net income ttm (36.38)
Free cash flow ttm 39.97
Net debt Q (595.55)
Valuation
P/E 0.00
Forward P/E 20.60
Price / sales 0.89
Forward P/S Powerpack
Price / FCF 4.80
Price / book 0.99
Financial health
Current ratio Q 0.73
Debt / equity Q 0.82
Interest coverage Q —
Growth
Revenue growth Q −5.84% (below 0%: shrinking)
Operating income growth Q +145.82% (above 0%: growing)
EPS, this year +112.27% (at or above 15%: strong)
EPS, next year A +62.50% (at or above 15%: strong)
Revenue, next year A −51.88% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +25.31% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 32.01%
10-year low 10-year high
P/B against its own 10 years 51.82%
10-year low 10-year high

Dividends

Yield
0.34%
Annual rate
0.04
Payout ratio
—
Growth, 2017–25
−26.9%/yr
  1. 0.49 ’17
  2. 0.53 ’18 +7
  3. 0.54 ’19 +3
  4. 0.58 ’20 +7
  5. 0.60 ’21 +2
  6. 0.64 ’22 +7
  7. 0.64 ’23 +0
  8. 0.41 ’24 −36
  9. 0.04 ’25 −90
  10. 0.04 ’26e +0
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 286 564 846 782
Receivables — — — —
Inventory — — — —
Other — — — —
3,020 3,238 2,887 2,525
2023 2024 2025 Q'26
Payables 3,009 3,476 3,633 3,457
ST’ Debt — — — —
Other — — — —
3,081 3,497 3,651 3,475

Compound Annual Growth %

10y 5y 3y
Sales 13.05% 12.24% 14.54%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 6.70% 4.84% (1.26%)

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 0.09 Actual 0.17

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY25 −0.32 −2.16 Miss by 1.84
Q4 FY25 −0.29 0.28 Beat by 0.57
Q1 FY26 0.07 0.14 Beat by 0.07
Q2 FY26 0.09 0.17 Beat by 0.08

EPS $

Mar Jun Sep Dec Year
’26 0.14 0.17 — — —
’25 (0.54) (0.61) (3.01) 0.12 (4.17)
’24 0.14 0.53 0.11 0.03 0.81
’23 0.27 0.19 0.10 0.06 0.62
’22 0.65 0.70 0.70 0.42 2.48
’21 0.47 0.58 0.67 0.70 2.42
’20 0.35 0.48 0.48 0.57 1.90
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 54 53 — — —
’25 57 56 55 53 222
’24 55 69 62 60 246
’23 44 47 50 53 194
’22 32 35 39 41 148
’21 28 31 31 33 123
’20 28 29 29 39 124
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 51 (1) — — —
’25 5 (18) 29 (25) (8)
’24 2 8 5 19 34
’23 4 8 (3) 13 22
’22 8 12 13 3 37
’21 5 (8) 11 18 27
’20 4 4 7 9 24
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 51 (15) — — —
’25 5 (19) 30 (25) (9)
’24 0 21 5 19 46
’23 3 5 (7) 6 7
’22 8 11 13 3 34
’21 4 (9) 11 17 24
’20 2 2 6 7 18
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 68 76 84 100 124 123 148 194 246 222 216 +14.0% — — — —
Gross margin, % 85.09 81.03 74.46 70.02 79.10 81.82 75.25 49.22 45.92 43.03 43.27 (42.1) pt
EBT 21 19 18 18 26 34 36 12 16 (69) (43) n/m
EBT margin, % 31.27 25.24 21.12 17.91 20.52 28.09 24.66 6.15 6.49 (30.92) (19.99) (62.2) pt
Net income 14 12 14 14 20 27 29 9 12 (56) (36) n/m
Per share, $
Per share, $ Revenue 7.39 7.12 7.85 9.37 11.61 11.45 13.77 17.34 19.71 15.86 13.24 +8.9%
Earnings 1.53 1.10 1.46 1.34 1.90 2.42 2.48 0.62 0.81 (4.17) (2.58) n/m
Cash flow 2.41 1.15 2.52 2.73 2.22 2.47 3.44 1.94 2.70 (0.59) 3.34 n/m
Capex (0.34) (0.63) (0.35) (1.12) (0.58) (0.20) (0.24) (1.31) 0.95 (0.04) (0.89) (21.2%)
Free cash flow 2.07 0.52 2.17 1.61 1.64 2.28 3.20 0.63 3.65 (0.63) 2.45 n/m
Book value 13.51 13.51 13.82 15.57 16.66 20.89 21.93 22.36 20.40 16.18 13.93 +2.0%
Shares, m 9 11 11 11 11 11 11 11 13 14 15 +4.8%
Valuation, ×
Valuation, × P/E 11.81 17.06 13.02 13.78 8.54 8.40 9.49 18.21 14.02 0.00 0.00 11.4
P/S 2.45 2.97 2.44 2.11 1.39 1.78 1.70 0.65 0.58 0.34 0.89 1.6
P/B 1.34 1.56 1.39 1.27 0.97 1.14 1.24 0.58 0.64 0.39 0.99 1.1
EV/Sales 2.72 2.96 1.09 1.69 (0.82) 0.05 1.43 0.28 (0.89) (2.64) — 0.6
EV/FCF 9.71 40.72 3.94 9.84 (5.82) 0.25 6.17 7.66 (4.83) 66.16 — 13.4
Cash, $m
Cash, $m Operating cash flow 22 12 27 29 24 27 37 22 34 (8) 55 n/m
Capex (3) (7) (4) (12) (6) (2) (3) (15) 12 (1) (15) (17.4%)
Free cash flow 19 6 23 17 18 24 34 7 46 (9) 40 n/m
Balance, $m
Balance, $m Working capital (372) (380) (304) (330) (133) (192) (276) (61) (258) (763) (950) +8.3%
Net debt 19 (1) (113) (42) (275) (212) (40) (71) (363) (660) (596) n/m
Shareholders’ equity 124 144 147 166 179 224 235 250 255 226 227 +6.9%
Returns, %
Returns, % ROA 0.95 0.72 0.80 0.72 0.89 0.97 0.88 0.21 0.27 (1.45) (0.98) (2.4) pt
ROIC 9.29 8.35 32.47 9.04 0.00 185.77 11.66 4.16 0.00 0.00 0.00 (9.3) pt
ROE 11.62 8.76 9.76 9.09 11.79 14.03 13.52 3.29 4.61 (28.11) (18.24) (39.7) pt
People
People Employees 304 349 373 457 453 490 499 503 409 346 — +1.4%
Revenue/emp, $m 0.22 0.22 0.22 0.22 0.27 0.25 0.30 0.38 0.60 0.64 — +12.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

First Guaranty Bancshares, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
RBKB Rhinebeck Bancorp, Inc. $203.3M 18.1× — +2.17% (above 0%: growing) −5.03% (below 0%: shrinking) +145.41% (above 0%: growing) 71.31% 0.00% Compare
FGBI First Guaranty Bancshares, Inc. $196.0M — (loss-making) 20.6× −5.84% (below 0%: shrinking) n/m +17.37% (above 0%: growing) 45.46% 0.00%
LARK Landmark Bancorp Inc. $193.6M 9.6× 9.2× +2.62% (above 0%: growing) +21.58% (above 0%: growing) +828.81% (above 0%: growing) 78.76% 0.00% Compare
ECBK ECB Bancorp, Inc. $188.3M 15.3× — +15.35% (above 0%: growing) +127.78% (above 0%: growing) +538.43% (above 0%: growing) 46.07% 0.00% Compare
FNWD Finward Bancorp $188.2M 19.0× 16.5× +0.43% (above 0%: growing) −2.00% (below 0%: shrinking) +0.22% (above 0%: growing) 69.03% 0.00% Compare
FINW FinWise Bancorp $187.9M 13.5× 19.5× +98.06% (above 0%: growing) −48.39% (below 0%: shrinking) −43.89% (below 0%: shrinking) 91.22% 0.00% Compare
BVFL BV Financial, Inc. $183.1M 14.2× — −2.37% (below 0%: shrinking) +48.28% (above 0%: growing) +1.43% (above 0%: growing) 78.95% 0.00% Compare
BAFN BayFirst Financial Corp. $179.3M — (loss-making) — −70.88% (below 0%: shrinking) n/m −99.45% (below 0%: shrinking) 27.34% 0.00% Compare
SBFG SB Financial Group, Inc. $179.2M 10.7× 11.9× +9.21% (above 0%: growing) 0.00% −28.66% (below 0%: shrinking) 71.79% 0.00% Compare
Median of peers $188.0M 14.2× 14.2× +2.40% 0.00% +0.83% 71.55% 0.00%

All 327 Banks Regional stocks →

Pay and ownership Proxy statement filed 21 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 464.42k 464.42k —
2024 847.58k 847.58k —

Ownership

Directors and executive officers, together 49.40%
Edgar R. Smith III 33.30%
Edgar R. Smith, III 24.50%
Marshall T. Reynolds 13.30%
Estate of William K. Hood 7.80%
Smith & Hood Holding Company, LLC 6.60%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

First Guaranty Bancshares, Inc. (FGBI) Latest News

28 Oct

Impact 3 · · Associated Press
Impact 3 · · Zacks

27 Oct

Impact 4 · · GlobeNewswire

2 May

Impact 3 · · Simply Wall St.

31 Mar

Impact 4 · · Zacks

10 Feb

Impact 3 · · Simply Wall St.

6 Jan

Impact 4 ·
Impact 3 · · ZacksMT NewswiresStockStorySimply Wall St.StockStoryStockStoryStockStory

17 Nov

Impact 3 · · Zacks

23 Oct

Impact 3 ·

18 Aug

Impact 3 ·
Impact 3 · · Associated Press Finance

5 Aug

Impact 3 · · Simply Wall St.

4 Jul

Impact 3 · · Simply Wall St.

22 May

Impact 3 ·

12 May

Impact 3 · · Zacks
Impact 3 · · Associated Press Finance

15 Apr

Impact 3 ·

22 Mar

Impact 3 · · Simply Wall St.

1 Feb

Impact 3 · · Simply Wall St.

30 Jan

Impact 4 · · Zacks
Impact 3 · · Associated Press Finance

17 Jan

Impact 3 ·

23 Dec

Impact 4 · · Simply Wall St.

21 Dec

Impact 4 ·

19 Dec

Impact 4 · · americanbanker.com

13 Dec

Impact 4 · · Simply Wall St.

31 Oct

Impact 4 · · Zacks
Impact 4 · · GlobeNewswire
Impact 3 · · Associated Press Finance
stockrow.com/FGBI · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com