8-K
filed November 15, 2022, 6:59 PM ET
ticker FGBI
CIK 0001408534
earnings
confidence high
sentiment positive
materiality 0.60
First Guaranty Bancshares Q3 2022 EPS $0.70, up from $0.67; YTD EPS $2.05 vs $1.72
First Guaranty Bancshares, Inc.
- Q3 net income $8.1M; EPS $0.70 vs $0.67 YoY. Revenue (net interest+noninterest) $27.96M vs $25.59M.
- YTD net income $23.8M; EPS $2.05 vs $1.72. Net interest income $76.7M, up 18% from $64.9M.
- Total assets $3.1B, loans $2.4B (+17% YoY), deposits $2.7B (+6%). Quarterly dividend $0.16/share (117th consecutive).
- Resilient despite Hurricane Ida relief loan losses; management tightened criteria going forward.
- Return on avg assets 1.07% YTD vs 0.92%; return on avg common equity 15.29% vs 13.55%.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
First Guaranty Bancshares, Inc. reported Third Quarter 2022 results: net income $8.1 Million, EPS $0.70.
- Period
- Third Quarter 2022
- Net income
- $8.1 Million
- EPS
- $0.70
- Result
- reported results
Exact text from the filing
First Guaranty’s earnings for the nine months ending September 30th increased from $1.72 per share in 2021 to $2.05 in 2022 and the earnings for the three months ending September 30th increased from $0.67 per share in 2021 to $0.70 in 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
First Guaranty Bancshares, Inc. reported Nine-Months Ended September 30, 2022 results: net income $23.8 Million, EPS $2.05.
- Period
- Nine-Months Ended September 30, 2022
- Net income
- $23.8 Million
- EPS
- $2.05
- Result
- reported results
Exact text from the filing
First Guaranty’s earnings for the nine months ending September 30th increased from $1.72 per share in 2021 to $2.05 in 2022 and the earnings for the three months ending September 30th increased from $0.67 per share in 2021 to $0.70 in 2022.
View on SEC.gov
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