First Guaranty Bancshares (FGBI) reported a Q1 loss but exceeded revenue estimates

From Nasdaq: 2025-05-12 19:05:00

First Guaranty Bancshares (FGBI) reported a quarterly loss of $0.54 per share, a significant decrease from earnings of $0.14 per share a year ago. The company surpassed revenue estimates for the quarter, posting $24.58 million compared to $24.23 million last year.

Despite the loss, First Guaranty Bancshares has outperformed earnings estimates three times in the last four quarters. The stock has declined by 15.4% this year, while the S&P 500 has dropped by -3.8%.

Investors are now looking ahead to the company’s earnings outlook and potential stock performance. The current Zacks Rank for FGBI is #3 (Hold), indicating that the stock is expected to perform in line with the market in the near future.

In comparison, First National Corp. (FXNC) is projected to report quarterly earnings of $0.53 per share, with revenues expected to increase by 44.3% from the year-ago quarter.

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Read more at Nasdaq: First Guaranty Bancshares (FGBI) Reports Q1 Loss, Tops Revenue Estimates