First Guaranty Bancshares: Preferred Yield Is Tempting, But More Improvement Needed

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 ...