First Guaranty Bancshares, Inc. (FGBI) Financial Statements
Industry: Savings Institution, Federally Chartered
In fiscal 2025, First Guaranty Bancshares reported revenue of $95.4M, down 15.7% from $113.2M the year before. Net income was -$56.0M (a -58.7% net margin). Net interest income was $86.9M, and the efficiency ratio (noninterest expense / revenue) was 86.2%. Operating activities generated -$8.3M of cash, leaving -$10.0M of free cash flow. At fiscal year end, First Guaranty Bancshares held $4.08B in total assets against $3.85B in total liabilities.
Open the full interactive First Guaranty Bancshares financials → Quarterly statements, key ratios, valuation history and price charts.
First Guaranty Bancshares Key Stats
| Share Price | $8.09 |
|---|---|
| Market Cap | $132.1M |
| Revenue YoY Growth | -15.7% |
| 52-Week Range | $4.39 – $10.71 |
| Shares Outstanding | 16.3 million (basic, 2026 Q2) |
First Guaranty Bancshares Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $74.7M | $89.6M | $100.0M | $84.7M | $88.4M | $86.9M |
| Provision for Credit Losses | $14.9M | $2.1M | $3.7M | $3.7M | $20.0M | $81.7M |
| Noninterest Income | $23.8M | $10.8M | $11.0M | $10.6M | $24.7M | $8.5M |
| Noninterest Expense | $58.0M | $63.9M | $71.0M | $79.7M | $77.1M | $82.2M |
| Revenue | $98.4M | $100.4M | $111.1M | $95.3M | $113.2M | $95.4M |
| Pre-Tax Income | $25.5M | $34.5M | $36.4M | $11.9M | $16.0M | -$68.6M |
| Income Tax | $5.2M | $7.2M | $7.5M | $2.7M | $3.6M | -$12.5M |
| Net Income | $20.3M | $27.3M | $28.9M | $9.2M | $12.4M | -$56.0M |
First Guaranty Bancshares Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $24.1M | $22.3M | $22.9M | $24.2M |
| Net Income | -$45.0M | $2.5M | $2.7M | $3.4M |
First Guaranty Bancshares Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Loans (Net) | — | — | — | $2.72B | $2.66B | $2.03B |
| Total Assets | $2.47B | $2.88B | $3.15B | $3.55B | $3.97B | $4.08B |
| Deposits | $2.17B | $2.60B | $2.72B | $3.01B | $3.48B | $3.63B |
| Total Long-Term Debt | $60.5M | $43.2M | $36.9M | $209.1M | $194.9M | $179.0M |
| Total Liabilities | $2.29B | $2.65B | $2.92B | $3.30B | $3.72B | $3.85B |
| Shareholders' Equity | $178.6M | $223.9M | $235.0M | $249.6M | $255.0M | $226.2M |
First Guaranty Bancshares Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $23.8M | $26.5M | $36.9M | $21.7M | $33.7M | -$8.3M |
| Cash From Investing | -$128.5M | -$452.6M | -$467.9M | -$206.1M | -$142.1M | $129.9M |
| Cash From Financing | $336.9M | $388.5M | $252.3M | $387.6M | $386.1M | $159.9M |
| Free Cash Flow | $17.4M | $24.3M | $34.2M | $6.9M | $30.7M | -$10.0M |
| Dividends Paid | $6.2M | — | — | — | — | — |
Figures from First Guaranty Bancshares' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full First Guaranty Bancshares financials page for every line item.
First Guaranty Bancshares Company Profile
| Ticker | FGBI |
|---|---|
| Exchange | Nasdaq |
| Industry | Savings Institution, Federally Chartered |
| Headquarters | Hammond, Louisiana |
| Incorporated in | Louisiana |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001408534 |
Frequently Asked Questions
What was First Guaranty Bancshares' revenue in fiscal 2025?
First Guaranty Bancshares (FGBI) reported revenue of $95.4M for fiscal 2025.
What is First Guaranty Bancshares' annual revenue history?
First Guaranty Bancshares' annual revenue by fiscal year: 2020: $98.4M; 2021: $100.4M; 2022: $111.1M; 2023: $95.3M; 2024: $113.2M; 2025: $95.4M.
What was First Guaranty Bancshares' net income in fiscal 2025?
First Guaranty Bancshares reported net income of -$56.0M for fiscal 2025.
How much free cash flow did First Guaranty Bancshares generate in fiscal 2025?
First Guaranty Bancshares generated -$10.0M of free cash flow in fiscal 2025.
What was First Guaranty Bancshares' revenue last quarter?
In its most recent reported quarter (2026 Q2), First Guaranty Bancshares reported revenue of $24.2M.
How much debt does First Guaranty Bancshares have?
First Guaranty Bancshares reported $179.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of First Guaranty Bancshares are outstanding?
First Guaranty Bancshares reported a weighted average of 16.3 million basic shares outstanding in 2026 Q2.
What is First Guaranty Bancshares' market cap?
Based on its latest closing price, First Guaranty Bancshares (FGBI) has a market capitalization of about $132.1M.
When does First Guaranty Bancshares' fiscal year end?
First Guaranty Bancshares' fiscal year end, as registered with the SEC, is December 31.
Where is First Guaranty Bancshares headquartered?
First Guaranty Bancshares lists its business address in Hammond, Louisiana in its SEC filings.
First Guaranty Bancshares Competitors & Similar Companies
See all 33 Savings Institution, Federally Chartered companies →