FGBI Nasdaq Savings Institution, Federally Chartered Financials FY2016βFY2025
First Guaranty Bancshares, Inc. had $95.4M of revenue in fiscal 2025, down 15.7% on the year before. Over five years, revenue changed β0.6% a year on average.
Last close Β· Oct 23, 2026
$8.94
5.9%Hi! I read First Guaranty Bancshares, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β15.7%
No. Sales fell 15.7% last year.
Does it make a profit?
β58.7%
No. It lost money last year.
How lean are its costs?
86.2%
Costly. Running costs take 86.2% of revenue.
How much does it earn on its capital?
β23.3%
Low. It earns β23.3% a year on shareholdersβ money.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· First Guaranty Bancshares, Inc. had $95.4M of revenue in fiscal 2025, down 15.7% on the year before. Over five years, revenue changed β0.6% a year on average.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Net interest income share and efficiency ratio
Net interest income share and efficiency ratio
KIRA Β· First Guaranty Bancshares, Inc. lost $56.0M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· First Guaranty Bancshares, Inc. returned $0.6M to shareholders in fiscal 2025.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders bought $8.6M of shares on the open market and sold none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$8.6M
4 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 30, 2026 | Edgar R. Smith IIIDirector, 10% owner | Bought | 99,277 | $8.28 | $0.8M | Form 4 |
| Sep 17, 2026 | Bruce McAnallyDirector | Bought | 500 | $17.60 | $0.0M | Form 4 |
| Sep 16, 2026 | Bruce McAnallyDirector | Bought | 20 | $17.60 | $0.0M | Form 4 |
| Sep 15, 2026 | Robert W WalkerDirector | Bought | 4,000 | $17.74 | $0.1M | Form 4 |
| Sep 15, 2026 | Bruce McAnallyDirector | Bought | 860 | $17.74 | $0.0M | Form 4 |
| Sep 10, 2026 | Robert W WalkerDirector | Bought | 8,500 | $10.91 | $0.1M | Form 4 |
| Sep 9, 2026 | Bruce McAnallyDirector | Bought | 250 | $18.25 | $0.0M | Form 4 |
| Sep 8, 2026 | Bruce McAnallyDirector | Bought | 500 | $18.40 | $0.0M | Form 4 |
| Sep 3, 2026 | Bruce McAnallyDirector | Bought | 200 | $18.50 | $0.0M | Form 4 |
| Sep 2, 2026 | Bruce McAnallyDirector | Bought | 200 | $18.75 | $0.0M | Form 4 |
| Aug 31, 2026 | Bruce McAnallyDirector | Bought | 200 | $19.00 | $0.0M | Form 4 |
| Aug 19, 2026 | Robert W WalkerDirector | Bought | 3,593 | $19.12 | $0.1M | Form 4 |
| Aug 18, 2026 | Robert W WalkerDirector | Bought | 8 | $18.95 | $0.0M | Form 4 |
| Aug 14, 2026 | Robert W WalkerDirector | Bought | 1,601 | $19.22 | $0.0M | Form 4 |
| Aug 13, 2026 | Robert W WalkerDirector | Bought | 5,500 | $8.40 | $0.0M | Form 4 |
| Jul 24, 2026 | Bruce McAnallyDirector | Bought | 199 | $19.50 | $0.0M | Form 4 |
| Jul 16, 2026 | Bruce McAnallyDirector | Bought | 1 | $19.50 | $0.0M | Form 4 |
| Jun 30, 2026 | Edgar R. Smith IIIDirector, 10% owner | Bought | 74,846 | $10.61 | $0.8M | Form 4 |
| Jun 22, 2026 | Bruce McAnallyDirector | Bought | 200 | $20.00 | $0.0M | Form 4 |
| Apr 30, 2026 | Bruce McAnallyDirector | Bought | 109,051 | $9.17 | $1.0M | Form 4 |
| Apr 30, 2026 | Edgar R. Smith IIIDirector, 10% owner | Bought | 109,051 | $9.17 | $1.0M | Form 4 |
| Apr 30, 2026 | Marshall T ReynoldsDirector, 10% owner | Bought | 109,051 | $9.17 | $1.0M | Form 4 |
| Mar 31, 2026 | Bruce McAnallyDirector | Bought | 32,176 | $7.77 | $0.3M | Form 4 |
| Mar 31, 2026 | Edgar R. Smith IIIDirector, 10% owner | Bought | 138,083 | $7.77 | $1.1M | Form 4 |
| Mar 31, 2026 | Marshall T ReynoldsDirector, 10% owner | Bought | 32,176 | $7.77 | $0.3M | Form 4 |
| Dec 31, 2025 | Edgar R. Smith IIIDirector | Bought | 208,996 | $5.40 | $1.1M | Form 4 |
| Dec 31, 2025 | Marshall T ReynoldsDirector | Bought | 46,297 | $5.40 | $0.3M | Form 4 |
| Dec 31, 2025 | Bruce McAnallyDirector | Bought | 92,600 | $5.40 | $0.5M | Form 4 |
| Dec 11, 2025 | Robert W WalkerDirector | Bought | 5,745 | $4.53 | $0.0M | Form 4 |
| Dec 10, 2025 | Robert W WalkerDirector | Bought | 7,500 | $4.54 | $0.0M | Form 4 |
| Dec 4, 2025 | Robert W WalkerDirector | Bought | 1,800 | $4.99 | $0.0M | Form 4 |
| Nov 25, 2025 | Robert W WalkerDirector | Bought | 1,800 | $4.89 | $0.0M | Form 4 |
| Nov 20, 2025 | Edgar R. Smith IIIDirector | Bought | 19,800 | $4.94 | $0.1M | Form 4 |
| Nov 17, 2025 | Edgar R. Smith IIIDirector | Bought | 1,500 | $5.78 | $0.0M | Form 4 |
| Sep 30, 2025 | Marshall T ReynoldsDirector | Bought | 31,056 | $8.05 | $0.3M | Form 4 |
| Sep 30, 2025 | Bruce McAnallyDirector | Bought | 31,056 | $8.05 | $0.3M | Form 4 |
| Sep 30, 2025 | Edgar R. Smith IIIDirector | Bought | 141,328 | $8.05 | $1.1M | Form 4 |
Can it carry its debts, and how well does it use its money?
Loans, deposits and capital at each fiscal year end.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Loans and deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | β | $2.5B | $2.7B | $2.7B | $2.0B |
| Deposits | $2.6B | $2.7B | $3.0B | $3.5B | $3.6B |
| Loans / deposits | β | 91.6% | 90.3% | 76.5% | 55.9% |
| Total assets | $2.9B | $3.2B | $3.6B | $4.0B | $4.1B |
| Shareholders' equity | $224M | $235M | $250M | $255M | $226M |
| Goodwill | $12.9M | $12.9M | $12.9M | $12.9M | $0.0M |
| Intangible assets | $5.9M | $5.0M | $4.3M | $3.5M | $2.6M |
| Provision / loans | β | 0.1% | 0.1% | 0.8% | 4.0% |
KIRA Β· It earned β23.3% on shareholdersβ money. Running costs took 86.2% of revenue (the efficiency ratio; lower is better).
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
In plain words: Return on equity is the profit made on shareholdersβ money each year. The efficiency ratio is how much of each dollar of revenue goes on running costs, so lower is better.
Return on equity, return on tangible equity and efficiency ratio
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $57.8M | $61.5M | $62.3M | $70.0M | $98.4M | $100M | $111M | $95.3M | $113M | $95.4M |
| Net interest income | $48.4M | $53.2M | $57.0M | $61.7M | $74.7M | $89.6M | $100M | $84.7M | $88.4M | $86.9M |
| Noninterest income | $9.5M | $8.3M | $5.3M | $8.3M | $23.8M | $10.8M | $11.0M | $10.6M | $24.7M | $8.5M |
| Noninterest expense | $32.9M | $38.5M | $43.3M | $47.2M | $58.0M | $63.9M | $71.0M | $79.7M | $77.1M | $82.2M |
| Provision for credit losses | $3.7M | $3.8M | $1.4M | $4.9M | β | β | $3.7M | $3.7M | $20.0M | $81.7M |
| Operating income | β | β | β | β | β | β | β | β | β | β$46.2M |
| Interest expense | $10.1M | $14.4M | $21.4M | $30.0M | $26.0M | $22.3M | $36.5M | $98.3M | β | β |
| Pretax income | $21.3M | $19.2M | $17.7M | $17.9M | $25.5M | $34.5M | $36.4M | $11.9M | $16.0M | β$68.6M |
| Income tax | $7.2M | $7.4M | $3.5M | $3.7M | $5.2M | $7.2M | $7.5M | $2.7M | $3.6M | β$12.5M |
| Net income | $14.1M | $11.8M | $14.2M | $14.2M | $20.3M | $27.3M | $28.9M | $9.2M | $12.4M | β$56.0M |
| Net income to common | $14.1M | $11.8M | β | $14.2M | $20.3M | $25.9M | $26.6M | $6.9M | $10.1M | β$58.4M |
| Cash flow | ||||||||||
| Cash from operations | $22.2M | $12.3M | $26.9M | $29.1M | $23.8M | $26.5M | $36.9M | $21.7M | $33.7M | β$8.3M |
| Capital expenditure | $4.1M | $6.8M | $3.8M | $11.9M | $6.3M | $2.2M | $2.6M | $14.9M | $3.0M | $1.7M |
| Free cash flow | $18.1M | $5.5M | $23.1M | $17.1M | $17.4M | $24.3M | $34.2M | $6.9M | $30.7M | β$10.0M |
| Depreciation and amortization | $2.2M | $2.4M | $3.3M | $3.1M | $3.8M | $4.8M | $4.1M | $4.0M | $4.4M | $4.3M |
| Dividends paid | $4.9M | $5.2M | $5.6M | $5.8M | $6.2M | $6.4M | $6.9M | $7.4M | $5.1M | $0.6M |
| Dividends and buybacks | $4.9M | $5.2M | $5.6M | $5.8M | $6.2M | $6.4M | $6.9M | $7.4M | $5.1M | $0.6M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $18.1M | $38.0M | $128M | $67.4M | $300M | $262M | $83.2M | $286M | $564M | $846M |
| Total debt | $43.2M | $52.9M | $34.5M | $83.2M | $117M | $49.6M | $183M | $275M | $202M | $186M |
| Loans, net | $938M | $1.1B | $1.2B | $1.5B | β | β | $2.5B | $2.7B | $2.7B | $2.0B |
| Deposits | $1.3B | $1.5B | $1.6B | $1.9B | $2.2B | $2.6B | $2.7B | $3.0B | $3.5B | $3.6B |
| Property and equipment, net | $23.5M | $38.0M | $39.7M | $56.5M | $59.9M | $58.6M | $58.2M | $69.8M | $67.8M | $59.6M |
| Goodwill | $2.0M | $3.5M | $3.5M | $12.9M | $12.9M | $12.9M | $12.9M | $12.9M | $12.9M | $0.0M |
| Intangible assets | $1.1M | $4.4M | $3.5M | $7.2M | $6.6M | $5.9M | $5.0M | $4.3M | $3.5M | $2.6M |
| Total assets | $1.5B | $1.8B | $1.8B | $2.1B | $2.5B | $2.9B | $3.2B | $3.6B | $4.0B | $4.1B |
| Total liabilities | $1.4B | $1.6B | $1.7B | $2.0B | $2.3B | $2.7B | $2.9B | $3.3B | $3.7B | $3.9B |
| Preferred stock | β | β | β | β | $0.0M | $33.1M | $33.1M | $33.1M | $33.1M | $33.1M |
| Shareholders' equity | $124M | $144M | $147M | $166M | $179M | $224M | $235M | $250M | $255M | $226M |
| Margins | ||||||||||
| Operating margin | β | β | β | β | β | β | β | β | β | β48.4% |
| EBITDA margin | β | β | β | β | β | β | β | β | β | β43.9% |
| Net margin | 24.4% | 19.1% | 22.8% | 20.4% | 20.6% | 27.2% | 26.0% | 9.7% | 11.0% | β58.7% |
| FCF margin | 31.3% | 8.9% | 37.1% | 24.5% | 17.7% | 24.2% | 30.8% | 7.2% | 27.1% | β10.5% |
| Net interest share of revenue | 83.7% | 86.4% | 91.5% | 88.1% | 75.8% | 89.3% | 90.1% | 88.9% | 78.1% | 91.1% |
| Efficiency ratio | 56.8% | 62.6% | 69.5% | 67.5% | 58.9% | 63.6% | 63.9% | 83.6% | 68.2% | 86.2% |
| Returns | ||||||||||
| Return on equity | 11.3% | 8.8% | 9.8% | 9.1% | 11.8% | 13.6% | 12.6% | 3.8% | 4.9% | β23.3% |
| Return on assets | 0.9% | 0.7% | 0.8% | 0.7% | 0.9% | 1.0% | 1.0% | 0.3% | 0.3% | β1.4% |
| Return on tangible equity | 11.6% | 8.6% | 10.1% | 9.8% | 12.8% | 12.6% | 12.2% | 3.0% | 4.2% | β26.1% |
| Growth | ||||||||||
| Revenue growth | β | 6.3% | 1.3% | 12.3% | 40.7% | 2.0% | 10.6% | β14.2% | 18.8% | β15.7% |
| Net income growth | β | β16.6% | 21.0% | 0.2% | 42.7% | 34.3% | 5.8% | β68.1% | 35.0% | β550.0% |
| FCF growth | β | β69.8% | 323.0% | β25.8% | 1.8% | 39.4% | 40.7% | β80.0% | 347.4% | β132.5% |
| Financial health | ||||||||||
| Debt / equity | 0.3x | 0.4x | 0.2x | 0.5x | 0.7x | 0.2x | 0.8x | 1.1x | 0.8x | 0.8x |
| Loans / deposits | 70.7% | 73.6% | 74.5% | 81.7% | β | β | 91.6% | 90.3% | 76.5% | 55.9% |
| Provision / loans | 0.4% | 0.3% | 0.1% | 0.3% | β | β | 0.1% | 0.1% | 0.8% | 4.0% |
| Capital allocation | ||||||||||
| Capex / revenue | 7.1% | 11.1% | 6.1% | 17.1% | 6.4% | 2.2% | 2.4% | 15.6% | 2.7% | 1.8% |
| Payouts / FCF | 26.9% | 95.4% | 24.4% | 33.8% | 35.7% | 26.3% | 20.0% | 107.5% | 16.7% | β |
| Quality scores | ||||||||||
| Accruals ratio | β0.5% | β0.0% | β0.7% | β0.8% | β0.1% | 0.0% | β0.3% | β0.4% | β0.6% | β1.2% |
Source: SEC EDGAR XBRL filings (CIK 0001408534). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
