First Guaranty Bancshares (FGBI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

First Guaranty Bancshares

NasdaqGM•Financial Services•Banks - Regional

$8.49+0.07(0.01%)After hours

Market Cap

$141.22M

P/S

1.5x

P/B

0.6x

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, such as personal and business checking, savings, money market, and demand deposits accounts, as well as time deposits to consumers, small businesses, and municipalities. The company provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including credit cards, mobile deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company was founded in 1934 and is headquartered in Hammond, Louisiana.

How this company scores

WeakMetricSide Score: 47/100

Grade capped at D — Interest coverage below 1× (0.1x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (20/25); weakest: Growth (4/25).

Profitability11/25

Growth4/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality20/25

Strengths

Rising free cash flowLong cash runwayNet cash positionImproving margins

Grade capped at D

Interest coverage below 1× (0.1x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 24.2x5y range 3.4x – 24.2x

Currently above its 15-quarter median.

P/S · 1.5x5y range 0.8x – 1.5x

Currently above its 20-quarter median.

P/B · 0.6x5y range 0.3x – 0.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $141.22M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $93.52M
Q. Revenue: $24.18M
TTM EBITDA: $-14.58M
TTM Op. Income: $-20.84M
Q. Op. Income: $4.34M
TTM Net Income: $-36.38M
Q. Net Income: $3.43M
EPS: $0.17
Shares Out.: $16.33M

$93.52M in TTM revenue declined 7.5% YoY, reaching $24.18M last quarter. TTM EBITDA of $-14.58M and TTM operating income of $-20.84M show growth is flowing through to the bottom line. However, net income is negative at $36.38M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 5 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 22.2%
Op. Margin: 18.0%
Net Margin: 14.2%

Op. margin of 18.0% is up 56.8% YoY — cost efficiency is improving. Net margin at 14.2% Over the past year, operating margin is up 146% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.5x
P/B Ratio: 0.6x

P/S of 1.5x and P/B of 0.6x. P/S is low relative to typical market levels. Across the last 3 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.90B
Cash: $781.58M
Long-Term Debt: $135.00M
Book Value: $227.35M
D/E Ratio: 0.6
Debt/EBITDA: 25.2

With $3.90B in assets and $135.00M in long-term debt, D/E is 0.6and book value is $227.35M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-709,000
TTM Free Cash Flow: $38.50M
FCF Margin: 41.2%
FCF / Net Income: -1.1

TTM FCF of $38.50M on $-709,000 in operating cash flow. The FCF / Net Income ratio of -1.1x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.