Company Overview - First Guaranty Bancshares (FGBI) shares increased by 6.7% to $8.14 in the last trading session, marking a total gain of 11.7% over the past four weeks [1] - The stock's recent rally is attributed to the postponement of tariffs for 90 days, providing relief to bank investors [1] Earnings Expectations - FGBI is expected to report quarterly earnings of $0.17 per share, reflecting a year-over-year increase of 21.4% [2] - Revenue projections for the upcoming report stand at $24.56 million, which is a 1.4% increase compared to the same quarter last year [2] Stock Performance and Trends - The consensus EPS estimate for FGBI has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] - FGBI currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] - In comparison, Home Bancorp (HBCP), another bank in the Southeast industry, closed 1.5% higher at $42.24, but has seen a decline of 6.7% over the past month [3]
First Guaranty Bancshares (FGBI) Surges 6.7%: Is This an Indication of Further Gains?