First Guaranty Bancshares, Inc.

First Guaranty Bancshares, Inc.verified

FGBIP

Price:

$22.17

Market Cap:

$168.56M

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals...[Read more]

Industry

Banks - Regional

IPO Date

2021-04-23

Stock Exchange

NASDAQ

Ticker

FGBIP

The Current Ratio as of November 2024 (TTM) for First Guaranty Bancshares, Inc. (FGBIP) is 2.56

According to First Guaranty Bancshares, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.56. This represents a change of 239.65% compared to the average of 0.75 of the last 4 quarters.

First Guaranty Bancshares, Inc. (FGBIP) Historical Current Ratio (quarterly & annually)

How has FGBIP Current Ratio performed in the past?

The mean historical Current Ratio of First Guaranty Bancshares, Inc. over the last ten years is 110.48. The current 2.56 Current Ratio has changed 131.72% with respect to the historical average. Over the past ten years (40 quarters), FGBIP's Current Ratio was at its highest in in the June 2017 quarter at 561.56. The Current Ratio was at its lowest in in the December 2023 quarter at 0.12.

Quarterly (TTM)
Annual

Average

110.48

Median

64.94

Minimum

0.11

Maximum

345.45

First Guaranty Bancshares, Inc. (FGBIP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of First Guaranty Bancshares, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 534.15%

Maximum Annual Current Ratio = 345.45

Minimum Annual Increase = -97.03%

Minimum Annual Current Ratio = 0.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.11-97.03%
20223.76-94.03%
202163.01534.15%
20209.94-54.25%
201921.72-93.71%
2018345.45416.60%
201766.87-42.18%
2016115.65-54.34%
2015253.2712.56%
2014225.0020.39%

First Guaranty Bancshares, Inc. (FGBIP) Average Current Ratio

How has FGBIP Current Ratio performed in the past?

The current Current Ratio of First Guaranty Bancshares, Inc. (FGBIP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

22.29

5-year avg

19.71

10-year avg

110.48

First Guaranty Bancshares, Inc. (FGBIP) Current Ratio vs. Peers

How is FGBIP’s Current Ratio compared to its peers?

First Guaranty Bancshares, Inc.’s Current Ratio is greater than CNB Financial Corporation (0.54), less than First Citizens BancShares, Inc. (157.48), less than Texas Capital Bancshares, Inc. (3.62), less than Merchants Bancorp (34.19), greater than Fulton Financial Corporation (0.37),

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