First Guaranty Bancshares (FGBI) Reports Q3 Loss, Misses Revenue Estimates

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]