He will succeed Alton Lewis, who announced his retirement at the end of May.
He will succeed Alton Lewis, who announced his retirement at the end of May.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2023 | $12.00 → $9.50 | Neutral → Underweight | Piper Sandler |
| 6/3/2022 | Buy → Neutral | Janney |
HAMMOND, La., Oct. 31, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ:FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the third quarter and nine months ending September 30, 2024. Financial Highlights for the third quarter and nine months ended September 30, 2024, are as follows: Total assets increased $371.2 million and were $3.9 billion at September 30, 2024 and $3.6 billion at December 31, 2023. Total loans at September 30, 2024 were $2.8 billion, an increase of $20.9 million, or 0.8%, compared with December 31, 2023. Total deposits were $3.4 billion at September 30, 2024, an increase of $420.8 milli
HAMMOND, La., July 24, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ:FGBI), the holding company for First Guaranty Bank, announced its key developments and unaudited financial results for the second quarter and six months ending June 30, 2024. Key developments are as follows: First Guaranty is initiating changes to its business strategy. The changes include slowing the trajectory of the bank's asset growth, further increasing the capital position, and working with leaner staff while utilizing automation and technological advances. First Guaranty has reduced staff by 71 positions. This reduction represents approximately 15% of the bank's workforce. Ea
HAMMOND, La., June 14, 2024 (GLOBE NEWSWIRE) -- On June 14, 2024 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of June 25, 2024 and is expected to be paid on June 28, 2024. This is the 124th consecutive quarterly dividend paid to common shareholders. Sincerely, Michael R. MineerPresident and CEOFirst Guaranty Bancshares, Inc. About First Guaranty First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, a Louisiana state-chartered bank. Founded in 1934, First Guaranty
SC 13D/A - First Guaranty Bancshares, Inc. (0001408534) (Subject)
SC 13D/A - First Guaranty Bancshares, Inc. (0001408534) (Subject)
SC 13D/A - First Guaranty Bancshares, Inc. (0001408534) (Subject)
HAMMOND, La., Oct. 31, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ:FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the third quarter and nine months ending September 30, 2024. Financial Highlights for the third quarter and nine months ended September 30, 2024, are as follows: Total assets increased $371.2 million and were $3.9 billion at September 30, 2024 and $3.6 billion at December 31, 2023. Total loans at September 30, 2024 were $2.8 billion, an increase of $20.9 million, or 0.8%, compared with December 31, 2023. Total deposits were $3.4 billion at September 30, 2024, an increase of $420.8 milli
HAMMOND, La., July 24, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ:FGBI), the holding company for First Guaranty Bank, announced its key developments and unaudited financial results for the second quarter and six months ending June 30, 2024. Key developments are as follows: First Guaranty is initiating changes to its business strategy. The changes include slowing the trajectory of the bank's asset growth, further increasing the capital position, and working with leaner staff while utilizing automation and technological advances. First Guaranty has reduced staff by 71 positions. This reduction represents approximately 15% of the bank's workforce. Ea
HAMMOND, La., June 14, 2024 (GLOBE NEWSWIRE) -- On June 14, 2024 the Board of Directors of First Guaranty Bancshares, Inc. ("First Guaranty") declared a quarterly cash dividend on First Guaranty's outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of June 25, 2024 and is expected to be paid on June 28, 2024. This is the 124th consecutive quarterly dividend paid to common shareholders. Sincerely, Michael R. MineerPresident and CEOFirst Guaranty Bancshares, Inc. About First Guaranty First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, a Louisiana state-chartered bank. Founded in 1934, First Guaranty
He will succeed Alton Lewis, who announced his retirement at the end of May.
Lewis will continue to be a presence at First Guaranty as he will continue to serve as Vice Chairman of the Holding Company and Bank Board of Directors.
First Guaranty Bancshares (NASDAQ:FGBI) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.09 by 33.33 percent. This is a 85.71 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $23.62 million which beat the analyst consensus estimate of $20.39 million by 15.80 percent. This is a 8.67 percent decrease over sales of $25.86 million the same period last year.
4 - First Guaranty Bancshares, Inc. (0001408534) (Issuer)
4 - First Guaranty Bancshares, Inc. (0001408534) (Issuer)
4 - First Guaranty Bancshares, Inc. (0001408534) (Issuer)
10-Q - First Guaranty Bancshares, Inc. (0001408534) (Filer)
8-K - First Guaranty Bancshares, Inc. (0001408534) (Filer)
8-K - First Guaranty Bancshares, Inc. (0001408534) (Filer)
Piper Sandler downgraded First Guaranty Bancshares from Neutral to Underweight and set a new price target of $9.50 from $12.00 previously
Janney downgraded First Guaranty Bancshares from Buy to Neutral
DA Davidson initiated coverage of First Guaranty Bancshares with a rating of Neutral and set a new price target of $19.50
4 - First Guaranty Bancshares, Inc. (0001408534) (Issuer)
4 - First Guaranty Bancshares, Inc. (0001408534) (Issuer)
4 - First Guaranty Bancshares, Inc. (0001408534) (Issuer)
HAMMOND, La., June 03, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. announced Michael Mineer has been appointed as First Guaranty Bancshares, Inc. and First Guaranty Bank's President and CEO. He will succeed Alton Lewis, who announced his retirement at the end of May. Mineer has been a part of the First Guaranty family as the Mideast Area President since 2021 and brings over 35 years of banking experience to his new role. Most recently, Mineer served as President and CEO of Citizens Deposit Bank in Vanceburg, KY, since 2003, where he successfully grew the company from $89 million in assets to $650 million. Additionally, Mineer was Senior Vice President of Premier Financial