earnings
confidence medium
sentiment positive
materiality 0.50
First Guaranty Bancshares Q4 2023: loan and asset growth, profitable quarter
First Guaranty Bancshares, Inc.
- Loan volume grew to $2.749B from $2.519B year-over-year, up ~9.1%.
- Total assets increased to $3.553B from $3.151B, up ~12.7%.
- Q4 2023 was profitable; CEO states 'we made money' though exact net income not disclosed.
- Company completed 90th year with new heights in capital and loan interest income.