First Guaranty Bancshares (FGBI) Set to Announce Earnings on Wednesday

First Guaranty Bancshares (NASDAQ:FGBI) will release its earnings data on Wednesday, April 24th.

First Guaranty Bancshares (NASDAQ:FGBI) last announced its quarterly earnings results on Monday, February 5th. The bank reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.03). First Guaranty Bancshares had a net margin of 4.46% and a return on equity of 4.19%. The firm had revenue of $23.62 million for the quarter, compared to analyst estimates of $23.02 million. On average, analysts expect First Guaranty Bancshares to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First Guaranty Bancshares Stock Performance

Shares of FGBI opened at $10.02 on Tuesday. First Guaranty Bancshares has a 1 year low of $9.24 and a 1 year high of $15.25. The company has a market cap of $125.35 million, a price-to-earnings ratio of 16.16 and a beta of 0.41. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a fifty day moving average of $10.62 and a 200-day moving average of $10.80.

First Guaranty Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 22nd were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 6.39%. The ex-dividend date of this dividend was Thursday, March 21st. First Guaranty Bancshares’s payout ratio is currently 103.23%.

First Guaranty Bancshares Company Profile

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.