First Guaranty Bancshares, Inc. (Nasdaq:FGBI) FGBI is a bank holding company that provides financial services to its clients through its subsidiary, First Guaranty Bank. It has 27 branch locations mostly in Louisiana and holds about USD 3.1 billion in assets. Overall, First Guaranty Bancshares, Inc. places a strong emphasis on customer satisfaction and community involvement while also maintaining a solid financial foundation.
Comps: Limestone Bancorp, Inc. (Nasdaq:LMST), LCNB Corp. (Nasdaq:LCNB)
When looking at other banking organizations, First Guaranty Bancshares has consistently outperformed its peers with impressive price-to-earnings ratio of 6.7, higher revenue and net income. Additionally, the bank’s earnings per share and return-on-equity outpaced LCNB Corp. Furthermore, the bank’s strong earnings have led to a higher valuation, reflected in the stock price, and also provides a competitive yield of 3.8%.