First Guaranty Bancshares ( FGBI ) is a Louisiana-based regional bank. Along with common shares, the bank also has a preferred share ( FGBIP ), which currently yields an impressive 9.5%. The low price and highOther writing on Substack: https://yieldstrategies.substack.com/I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I've been researching in. I ...

EXHIBIT 99.1 January 28, 2026 NEWS FOR IMMEDIATE RELEASE CONTACT: ERIC J. DOSCH, CFO 985.375.0308 First Guaranty Bancshares, Inc. Announces Fourth Quarter and Fiscal Year 2025 Results Hammond, Louisiana, January 28, 2026 – First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter and year ending December 31, 2025. Forward-Looking Statements This report contains forward-looking statements within th ...

Core Insights - First Guaranty Bancshares (FGBI) shares increased by 19.7% to close at $6.44, supported by high trading volume, and have gained 22% over the past four weeks [1][2] Company Performance - The bank is expected to report a quarterly loss of $0.29 per share, reflecting a year-over-year decline of 1066.7%, with revenues projected at $24.46 million, down 2.5% from the previous year [3] - The consensus EPS estimate for FGBI has remained unchanged over the last 30 days, indicating a lack of upward revisions which typically correlate with stock price movements [4] Insider Activity - Substantial insider buying on December 31, 2025, has positively influenced market sentiment, suggesting strong insider confidence in the bank's turnaround strategy following an unexpected loss in Q3 2025 [2] Industry Context - FGBI is part of the Zacks Banks - Southeast industry, where another company, First Bancorp (FBP), saw a 1.5% increase in its stock price, closing at $21.22, and has returned 4% over the past month [4] - First Bancorp's consensus EPS estimate has remained unchanged at $0.51, representing a year-over-year increase of 10.9%, and it currently holds a Zacks Rank of 4 (Sell) [5]

Core Insights - First Guaranty Bancshares (FGBI) reported a quarterly loss of $2.16 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.32, marking an earnings surprise of -575.00% [1] - The company posted revenues of $24.1 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 1.52% and down from $27.1 million a year ago [2] - The stock has underperformed, losing about 49.7% since the beginning of the year compared to the S&P 500's gain of 14.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.29 on revenues of $24.46 million, and for the current fiscal year, it is -$1.76 on revenues of $97.9 million [7] - The estimate revisions trend for First Guaranty Bancshares was unfavorable prior to the earnings release, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Zacks Industry Rank for Banks - Southeast is currently in the top 8% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]

Financial Performance - Net loss for Q3 2025 was $(45.0) million, a decrease of $46.9 million compared to a net income of $1.9 million in Q3 2024[110] - Net loss for the nine months ended September 30, 2025 was $58.5 million, a decrease of $69.9 million from net income of $11.4 million for the same period in 2024[170] - Net interest income for the three months ended September 30, 2025 was $22.2 million, a decrease from $22.7 million for the same period in 2024[174] - Net interest income for the nine months ended September 30, 2025, was $66.7 million, up from $65.9 million in 2024, indicating a slight increase of 1.2%[192] - Noninterest income decreased to $6.4 million for the nine months ended September 30, 2025, down from $22.2 million in 2024, a decline of 71.1%[201] - Noninterest expense totaled $65.5 million for the nine months ended September 30, 2025, compared to $59.2 million in 2024, an increase of 10.5%[203] Asset and Loan Management - Total assets decreased by $175.4 million to $3.8 billion as of September 30, 2025, compared to December 31, 2024[110] - Total loans decreased by $414.0 million, or 15.4%, to $2.3 billion as of September 30, 2025, compared to December 31, 2024[110] - Net loans decreased by $464.9 million, or 17.5%, to $2.2 billion as of September 30, 2025, due to a strategic focus on reducing risk in the loan portfolio[116] - Total deposits decreased by $121.4 million, or 3.5%, to $3.4 billion as of September 30, 2025, compared to December 31, 2024[110] - Nonaccrual loans increased by $5.7 million to $114.3 million as of September 30, 2025, compared to $108.5 million at December 31, 2024[112] - Special mention loans increased by $86.5 million in 2025, primarily due to downgrades during the year[122] Credit Losses and Provisions - The provision for credit losses for Q3 2025 was $47.9 million, significantly higher than $4.9 million in Q3 2024[110] - The allowance for credit losses increased to $85.7 million, or 3.76% of total loans, compared to $34.8 million, or 1.29%, at December 31, 2024[110] - The provision for credit losses surged to $79.1 million for the nine months ended September 30, 2025, compared to $14.0 million in the same period of 2024, representing a significant increase of 464.3%[197] - Total charge-offs for the nine months ended September 30, 2025, were $29.4 million, compared to $13.7 million in 2024, reflecting an increase of 115.6%[197] Equity and Capital - Total shareholders' equity decreased to $221.1 million at September 30, 2025, down from $255.0 million at December 31, 2024, primarily due to a net loss of $58.5 million during the nine months ended September 30, 2025[211] - The capital conservation buffer for First Guaranty was 3.49% as of September 30, 2025, exceeding the minimum requirement of 2.50%[213] - The Tier 1 Risk-based Capital Ratio for the Bank was 11.09% as of September 30, 2025, compared to 11.00% at December 31, 2024[217] Interest Income and Expenses - Interest income decreased by $3.9 million, or 6.8%, to $53.5 million for the three months ended September 30, 2025[176] - Interest income on loans decreased by $10.5 million, or 21.1%, to $39.3 million for the three months ended September 30, 2025[178] - Interest expense decreased by $2.5 million or 2.6%, totaling $95.6 million for the nine months ended September 30, 2025, compared to $98.1 million for the same period in 2024[185] - The net interest margin decreased to 2.34% for the three months ended September 30, 2025, compared to 2.51% for the same period in 2024[190] Securities and Investments - Investment securities net of the allowance for credit losses totaled $696.7 million at September 30, 2025, an increase of $94.0 million from $602.7 million at December 31, 2024[128] - The available for sale securities portfolio increased by $93.2 million, or 33.2%, to $374.3 million at September 30, 2025, primarily due to purchases of collateralized mortgage obligations and mortgage-backed securities[130] - The average maturity of the securities portfolio is approximately 7.02 years, with an estimated effective duration of 5.28 years as of September 30, 2025[132] Employee and Operational Metrics - Full-time equivalent employees decreased to 339 as of September 30, 2025, down from 404 a year earlier[113] - The average balance of total interest-earning assets increased by $164.2 million to $3.8 billion for the three months ended September 30, 2025[174] - The average balance of loans decreased by $317.3 million to $2.5 billion for the nine months ended September 30, 2025, from $2.8 billion for the same period in 2024[182]

Financial Performance - Net loss for Q3 2025 was $(45.0) million, a decrease of $46.9 million compared to a net income of $1.9 million in Q3 2024[3] - Net (loss) income available to common shareholders for Q3 2025 was $(45,585) thousand, compared to $1,345 thousand in Q3 2024[13] - Return on average assets for Q3 2025 was (4.61)%, compared to 0.21% in Q3 2024, and for the nine months ended September 30, 2025, it was (2.00)% versus 0.42% in 2024[9] - Return on average common equity for Q3 2025 was (78.41)%, down from 2.40% in Q3 2024, and for the nine months ended September 30, 2025, it was (35.83)% compared to 5.87% in 2024[9] Loan and Asset Management - Total loans decreased by $414.0 million, or 15.4%, to $2.3 billion as of September 30, 2025, compared to December 31, 2024[3] - Net loans decreased to $2,194,028 thousand as of September 30, 2025, from $2,658,969 thousand as of December 31, 2024[11] - The loan portfolio totaled $2,286,173,000 as of September 30, 2025, a decrease from $2,417,351,000 in 2024, representing a decline of 5.4%[24] - Nonaccrual loans increased to $114.3 million at September 30, 2025, up from $108.5 million at December 31, 2024[4] - Total nonaccrual loans amounted to $114,265,000, a decrease from $119,179,000 in the previous quarter, and an increase from $108,529,000 year-over-year[26] Credit Losses and Provisions - The provision for credit losses for Q3 2025 was $47.9 million, significantly up from $4.9 million in Q3 2024[3] - The allowance for credit losses increased to 3.76% of total loans at September 30, 2025, compared to 1.29% at December 31, 2024[3] - Provision for credit losses increased significantly to $47,933,000 in Q3 2025 from $6,021,000 in Q3 2024, indicating a substantial rise in expected credit losses[15] Income and Expenses - Total interest income for Q3 2025 was $53,500 thousand, a decrease from $57,427 thousand in Q3 2024[13] - Net interest income for Q3 2025 was $22.2 million, slightly down from $22.7 million in Q3 2024[3] - Total noninterest expense increased to $30,175 thousand in Q3 2025, up from $19,706 thousand in Q3 2024[13] - Noninterest Expense rose to $30,175,000 in Q3 2025, up from $17,888,000 in Q3 2024, primarily due to a goodwill impairment of $12,900,000[15] - Total Noninterest Income decreased to $1,860,000 in Q3 2025 from $2,500,000 in Q3 2024, reflecting a decline of 25.6%[15] Capital and Equity - The risk-weighted capital ratio improved to 12.34% at September 30, 2025, compared to 11.66% at September 30, 2024[3] - Shareholders' equity increased to $257,744,000, up from $253,575,000, indicating a growth of 1.7%[21] - As of September 30, 2025, total shareholders' equity was $221,075,000, a decrease from $255,049,000 as of December 31, 2024[33] - Tangible common equity stood at $185,478,000, down from $206,029,000 in the previous year[33] Asset and Liability Management - Total assets decreased by $175.4 million to $3.8 billion as of September 30, 2025, compared to December 31, 2024[3] - Total assets were reported at $3,797,336,000, compared to $3,972,728,000 at the end of 2024[33] - Total liabilities increased to $3,656,014,000, up from $3,356,890,000, reflecting a growth of 8.9%[21] Shareholder Returns - Cash dividends declared were $0.01 per common share in Q3 2025, down from $0.08 in Q3 2024, as part of a new business strategy to preserve capital[9] - Book value per common share decreased to $12.25 as of September 30, 2025, from $17.75 as of December 31, 2024, primarily due to a decrease in retained earnings and new share issuance[9] Regulatory Capital Ratios - The Bank's capital conservation buffer was 4.34%, exceeding the minimum requirement of 2.50%[35] - As of September 30, 2025, the Bank maintained a Tier 1 risk-based capital ratio of 11.09%, above the minimum requirement of 8.00%[39] - The total risk-based capital ratio for the Bank was 12.34%, exceeding the minimum requirement of 10.00%[39] - The Common Equity Tier One Capital Ratio for the Bank was 11.09%, well above the minimum of 6.50%[39]

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for First Guaranty Bancshares (FGBI) due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - First Guaranty Bancshares is expected to report a quarterly loss of $0.32 per share, reflecting a year-over-year change of -390.9% [3]. - Revenues are projected to be $24.47 million, down 9.7% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3000% lower in the last 30 days, indicating a significant reassessment by analysts [4]. - The Most Accurate Estimate for First Guaranty Bancshares aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with predictive power being significant for positive readings only [9][10]. - First Guaranty Bancshares currently holds a Zacks Rank of 5, making it challenging to predict an earnings beat [12][13]. Historical Performance - In the last reported quarter, the company was expected to post a loss of $0.20 per share but instead reported a loss of -$0.61, resulting in a surprise of -205.00% [14]. - Over the past four quarters, First Guaranty Bancshares has beaten consensus EPS estimates twice [15]. Industry Comparison - Renasant (RNST), a peer in the Southeast banking industry, is expected to report earnings per share of $0.79, indicating a year-over-year increase of +12.9% [19]. - Renasant's revenues are projected to be $266.1 million, up 20.8% from the previous year, with an Earnings ESP of +0.95% suggesting a likely earnings beat [20].

Core Viewpoint - First Guaranty Bancshares (NASDAQ: FGBI) is a small regional bank based in Louisiana, offering both common and preferred shares, with a focus on income investing through various financial instruments [1]. Company Overview - First Guaranty Bancshares operates primarily in Louisiana and has a preferred share issue (NASDAQ: FGBIP) in addition to its common shares [1]. Investment Focus - The company is positioned for income investing, targeting returns through common shares, preferred shares, or bonds, indicating a strategy that may appeal to income-focused investors [1].

[Financial Performance Overview](index=1&type=section&id=Financial%20Performance%20Overview) First Guaranty Bancshares, Inc. reports Q2 and YTD 2025 financial results, focusing on strategic de-risking, expense reduction, and asset quality [Q2 2025 Financial Highlights](index=1&type=section&id=Q2%202025%20Financial%20Highlights) First Guaranty Bancshares, Inc. reduced non-performing assets and noninterest expenses in Q2 2025, despite a significant provision for credit losses impacting financial results - Continued its business strategy to reduce risk in the loan portfolio, decreasing non-performing assets by **$6.8 million** compared to March 31, 2025. This included a successful workout of a commercial real estate loan and the sale of an **$8.8 million** non-accrual loan in July 2025[3](index=3&type=chunk) - Recorded a substantial provision for credit losses of **$14.7 million** for Q2 2025, primarily due to specific reserves on individually evaluated loans and trends in the loan portfolio. The allowance for credit losses (ACL) grew to **2.36%** of total loans[3](index=3&type=chunk) - Successfully executed expense reduction plans, with noninterest expense declining by **$0.8 million** from Q1 2025 and **$3.3 million** from Q2 2024, achieving an annual run rate savings of approximately **$13.4 million**[3](index=3&type=chunk) - Loan balances continued to decline as part of a strategy to reduce concentration risk, particularly in commercial real estate. Total loans fell to **$2.41 billion** at June 30, 2025, down from **$2.51 billion** at March 31, 2025[3](index=3&type=chunk) [Key Financial Results (Q2 & YTD 2025)](index=1&type=section&id=Key%20Financial%20Results%20%28Q2%20%26%20YTD%202025%29) The company reported a net loss for Q2 and YTD 2025, primarily due to a substantial increase in the provision for credit losses, despite stable net interest income Net (Loss) Income and (Loss) Earnings Per Share | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | **Net (Loss) Income** | $(5.8) million | $7.2 million | $(12.0) million | $9.5 million | | **(Loss) Earnings Per Share** | $(0.50) | $0.53 | $(1.04) | $0.67 | Net Interest Income and Provision for Credit Losses | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | **Net Interest Income** | $22.2 million | $21.2 million | $44.5 million | $43.2 million | | **Provision for Credit Losses** | $14.7 million | $6.8 million | $29.3 million | $9.1 million | Key Performance Ratios | Ratio | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | **Return on Average Assets** | (0.60)% | 0.81% | (0.61)% | 0.54% | | **Return on Average Common Equity** | (11.66)% | 12.16% | (11.97)% | 7.66% | [Consolidated Financial Statements](index=5&type=section&id=Consolidated%20Financial%20Statements) Consolidated financial statements for First Guaranty Bancshares, Inc. detail balance sheet shifts, income statement performance, and net interest margin trends [Consolidated Balance Sheets](index=5&type=section&id=Consolidated%20Balance%20Sheets) Total assets remained stable at June 30, 2025, with a strategic decrease in net loans offset by increases in cash and investment securities, while equity grew Selected Balance Sheet Data (in thousands) | Account | June 30, 2025 | December 31, 2024 | Change ($) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | **Total Assets** | $3,971,088 | $3,972,728 | $(1,640) | (0.0)% | | Net Loans | $2,353,542 | $2,658,969 | $(305,427) | (11.5)% | | Cash and cash equivalents | $714,870 | $564,208 | $150,662 | 26.7% | | Investment securities | $719,722 | $602,719 | $117,003 | 19.4% | | **Total Deposits** | $3,481,338 | $3,476,260 | $5,078 | 0.1% | | **Total Shareholders' Equity** | $264,559 | $255,049 | $9,510 | 3.7% | [Consolidated Statements of Income](index=7&type=section&id=Consolidated%20Statements%20of%20Income) The company reported a net loss in Q2 2025, primarily driven by a substantial increase in the provision for credit losses and a sharp decline in noninterest income Selected Income Statement Data (in thousands) | Account | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Change ($) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | **Net Interest Income** | $22,240 | $21,242 | $998 | 4.7% | | **Provision for credit losses** | $14,703 | $6,805 | $7,898 | 116.1% | | **Total Noninterest Income** | $2,156 | $15,526 | $(13,370) | (86.1)% | | **Total Noninterest Expense** | $17,267 | $20,609 | $(3,342) | (16.2)% | | **Net (Loss) Income** | $(5,831) | $7,201 | $(13,032) | (181.0)% | [Consolidated Average Balance Sheets and Net Interest Margin](index=8&type=section&id=Consolidated%20Average%20Balance%20Sheets%20and%20Net%20Interest%20Margin) Net interest margin compressed in Q2 2025 due to a lower yield on interest-earning assets, despite a decrease in the cost of interest-bearing liabilities Net Interest Margin Analysis | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | **Net Interest Margin** | 2.34% | 2.48% | 2.35% | 2.53% | | **Net Interest Rate Spread** | 1.72% | 1.72% | 1.73% | 1.78% | | **Yield on Interest-Earning Assets** | 5.72% | 6.25% | 5.74% | 6.24% | | **Cost of Interest-Bearing Liabilities** | 4.00% | 4.53% | 4.01% | 4.46% | [Asset Quality and Loan Portfolio Analysis](index=3&type=section&id=Asset%20Quality%20and%20Loan%20Portfolio%20Analysis) Analysis of asset quality and the loan portfolio reveals strategic shifts in composition and trends in nonperforming assets [Loan Portfolio Composition](index=10&type=section&id=Loan%20Portfolio%20Composition) The total loan portfolio strategically declined to $2.41 billion at June 30, 2025, with real estate loans comprising the majority and commercial real estate exposure actively reduced Loan Portfolio Breakdown (in thousands) | Loan Category | June 30, 2025 | March 31, 2025 | Dec 31, 2024 | Sept 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | **Total Real Estate** | $1,938,927 | $2,024,317 | $2,141,373 | $2,162,372 | | **Total Non-Real Estate** | $478,424 | $495,876 | $560,707 | $616,228 | | **Total Loans** | $2,417,351 | $2,520,193 | $2,702,080 | $2,778,600 | [Nonperforming Assets (NPAs)](index=11&type=section&id=Nonperforming%20Assets%20%28NPAs%29) Nonperforming assets decreased quarter-over-quarter but remain elevated year-over-year, with improved allowance for credit losses coverage on nonaccrual loans Nonperforming Assets Trend (in thousands) | Metric | June 30, 2025 | March 31, 2025 | Dec 31, 2024 | Sept 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | **Total nonaccrual loans** | $119,179 | $133,393 | $108,529 | $65,788 | | **Total Real Estate Owned** | $7,657 | $152 | $319 | $1,160 | | **Total non-performing assets** | $127,120 | $133,932 | $120,350 | $67,025 | | **NPAs to total assets** | 3.20% | 3.50% | 3.03% | 1.71% | | **Allowance for credit losses to nonaccrual loans** | 47.80% | 32.25% | 32.08% | 50.59% | - The six largest non-performing loan relationships comprise **75%** of total non-performing loans, with significant exposures in independent living centers, multifamily complexes, and assisted living centers[4](index=4&type=chunk) [Expense Analysis](index=13&type=section&id=Expense%20Analysis) An analysis of noninterest expenses reveals key drivers behind changes in operating costs, including personnel and professional fees [Noninterest Expense Breakdown](index=13&type=section&id=Noninterest%20Expense%20Breakdown) Total noninterest expense significantly decreased in Q2 2025, primarily due to reductions in salaries, employee benefits, and legal and professional fees Other Noninterest Expense Components (in thousands) | Expense Category | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Change ($) | | :--- | :--- | :--- | :--- | | Legal and professional fees | $671 | $1,504 | $(833) | | Software expense and amortization | $1,188 | $1,367 | $(179) | | Regulatory assessment | $1,609 | $989 | $620 | | **Total other noninterest expense** | **$6,819** | **$7,622** | **$(803)** | - Salaries and employee benefits, a major component of noninterest expense, decreased to **$7.8 million** in Q2 2025 from **$10.4 million** in Q2 2024[12](index=12&type=chunk) - The number of full-time equivalent employees was reduced to **360** at June 30, 2025, down from **495** at June 30, 2024, contributing to lower personnel costs[4](index=4&type=chunk) [Dividends and Capital](index=4&type=section&id=Dividends%20and%20Capital) The company's dividend declaration and its impact on capital are detailed, reflecting strategic adjustments to enhance capital [Dividend Declaration](index=4&type=section&id=Dividend%20Declaration) First Guaranty significantly reduced its common stock dividend to $0.01 per share in Q2 2025 as a strategic move to increase capital, while maintaining preferred stock dividends Common Stock Dividend Per Share | Period | Dividend Per Share | | :--- | :--- | | **Q2 2025** | $0.01 | | **Q2 2024** | $0.16 | - The reduction in the common stock dividend was a strategic decision to increase capital, aligning with the new business strategy announced in Q3 2024[8](index=8&type=chunk) - The company paid preferred stock dividends of **$1.2 million** during the first six months of 2025, consistent with the same period in 2024[8](index=8&type=chunk) [Non-GAAP Financial Measures](index=14&type=section&id=Non-GAAP%20Financial%20Measures) Reconciliation of GAAP to non-GAAP financial measures provides alternative insights into the company's capital adequacy, specifically tangible book value per share [Reconciliation of GAAP to Non-GAAP Measures](index=14&type=section&id=Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Measures) Non-GAAP measures, including tangible book value per share, are reconciled, showing a decrease in tangible book value per share but a slight increase in tangible common equity to tangible assets ratio Tangible Book Value Per Share Reconciliation (in thousands, except per share data) | Metric (in thousands, except per share data) | At June 30, 2025 | At December 31, 2024 | | :--- | :--- | :--- | | Total shareholders' equity (GAAP) | $264,559 | $255,049 | | Less: Preferred Stock, Goodwill, Intangibles | $(48,672) | $(49,020) | | **Tangible common equity (Non-GAAP)** | **$215,887** | **$206,029** | | Common shares outstanding | 15,120,172 | 12,504,717 | | **Book value per common share (GAAP)** | **$15.31** | **$17.75** | | **Tangible book value per common share (Non-GAAP)** | **$14.28** | **$16.48** | [Corporate Information and Forward-Looking Statements](index=4&type=section&id=Corporate%20Information%20and%20Forward-Looking%20Statements) Corporate information about First Guaranty Bancshares, Inc. is provided, alongside important disclaimers regarding forward-looking statements [About First Guaranty](index=4&type=section&id=About%20First%20Guaranty) First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, a Louisiana-chartered institution operating 35 locations across four states - First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, founded in **1934**[5](index=5&type=chunk) - The bank operates **35** locations throughout Louisiana, Texas, Kentucky, and West Virginia[5](index=5&type=chunk) [Forward-Looking Statements](index=4&type=section&id=Forward-Looking%20Statements) This report contains forward-looking statements subject to significant risks and uncertainties, with actual results potentially differing materially from expectations - The report contains forward-looking statements that are not historical facts and are subject to risks and uncertainties[6](index=6&type=chunk) - The company disclaims any obligation to publicly update forward-looking statements and warns that actual results may differ materially from expectations[6](index=6&type=chunk)

Company Performance - First Guaranty Bancshares (FGBI) reported a quarterly loss of $0.61 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.20, and compared to earnings of $0.53 per share a year ago, indicating an earnings surprise of -205.00% [1] - The company posted revenues of $24.4 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 1.63%, and down from $36.77 million in the same quarter last year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - First Guaranty Bancshares shares have declined approximately 28.5% since the beginning of the year, contrasting with the S&P 500's gain of 9.7% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.09 on revenues of $25.18 million, and for the current fiscal year, it is -$0.80 on revenues of $99.82 million [7] Industry Outlook - The Zacks Industry Rank for Banks - Southeast is currently in the top 6% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]