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First Guaranty Bancshares Reports Q1 Loss, Revenue Surprises

First Guaranty Bancshares (FGBI) posted a significant quarterly loss of $0.54 per share, falling short of the $0.17 consensus estimate, raising concerns among investors about its near-term performance.

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AI Rating:   4

Quarterly Loss Insights
First Guaranty Bancshares (FGBI) experience a substantial earnings miss with a loss of $0.54 per share compared to a consensus estimate of $0.17, leading to a surprising negative variance of -417.65%. The reported loss is also a stark contrast to the previous year's earnings of $0.14, highlighting potential challenges in operational performance.

However, despite the significant loss, the company reported revenues of $24.58 million for the quarter, which modestly surpasses the Zacks Consensus Estimate by 0.07% and reflects a slight year-over-year revenue growth from $24.23 million. This positive revenue growth, alongside three consecutive quarters of exceeding revenue estimates, contributes positively to its outlook.

Market Performance and Future Expectations
FGBI shares have underperformed the market in 2025, dropping approximately 15.4%, compared to the S&P 500's decline of 3.8%. This underperformance raises concerns about investor sentiment and the stock's ability to recover in the near term. Management’s comments during the earnings call will be crucial for setting expectations and addressing investor concerns regarding earnings outlook.

For the upcoming quarter, the consensus EPS estimate is $0.20 on revenues of $24.99 million, indicating an optimistic projection relative to current operational challenges. The outlook for the current fiscal year sees an EPS of $0.89 with revenues of $100.3 million, suggesting a stabilized growth trajectory if management can deliver on these projections.

Industry Position
First Guaranty Bancshares operates within the Banks - Southeast industry, currently ranking in the top 20% of Zacks' list of 250+ industries. This positioning indicates relatively favorable conditions in the banking sector, potentially aiding FGBI in its recovery.

Overall, this report signals mixed results for FGBI, with significant losses overshadowing a persistent revenue growth trend. Investor focus will be on future earnings revisions and management guidance to navigate through this challenging phase.

Stocks:  FGBI FXNC