First Guaranty Bancshares (NASDAQ:FGBI) Posts Quarterly Earnings Results, Misses Estimates By $0.13 EPS

First Guaranty Bancshares (NASDAQ:FGBI) posted its quarterly earnings data on Monday. The bank reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.13), Zacks reports. First Guaranty Bancshares had a return on equity of 5.62% and a net margin of 5.04%.

First Guaranty Bancshares Price Performance

NASDAQ FGBI opened at $10.38 on Wednesday. First Guaranty Bancshares has a twelve month low of $8.39 and a twelve month high of $15.25. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $129.85 million, a PE ratio of 12.81 and a beta of 0.40. The stock has a 50-day simple moving average of $11.74 and a 200 day simple moving average of $11.06.

First Guaranty Bancshares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were given a dividend of $0.01 per share. The ex-dividend date was Friday, December 27th. This represents a $0.04 annualized dividend and a dividend yield of 0.39%. First Guaranty Bancshares’s dividend payout ratio is presently 4.94%.

First Guaranty Bancshares Company Profile

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, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities.