According to Zacks, “First Guaranty Bancshares, Inc. offers personalized commercial banking services to businesses, professionals and individuals. It provides a variety of deposit products, including personal and business checking and savings accounts, time deposits, money market accounts and negotiable order of withdrawal accounts. The Bank also offers other services including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, traveller’s checks, Internet banking, online bill pay, mobile banking and lockbox services. First Guaranty Bancshares, Inc. is based in Hammond, Louisiana. “
FGBI stock opened at $20.47 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.88 and a quick ratio of 0.88. The business has a 50-day moving average price of $19.50 and a 200 day moving average price of $18.95. The company has a market capitalization of $199.40 million, a P/E ratio of 8.82 and a beta of 0.45. First Guaranty Bancshares has a 1-year low of $13.19 and a 1-year high of $22.00.
Institutional investors and hedge funds have recently bought and sold shares of the business. Ergoteles LLC purchased a new position in First Guaranty Bancshares in the second quarter valued at about $308,000. Dimensional Fund Advisors LP grew its stake in First Guaranty Bancshares by 12.2% in the first quarter. Dimensional Fund Advisors LP now owns 21,869 shares of the bank’s stock valued at $392,000 after purchasing an additional 2,373 shares during the last quarter. BlackRock Inc. grew its stake in First Guaranty Bancshares by 7.2% in the first quarter. BlackRock Inc. now owns 284,904 shares of the bank’s stock valued at $5,103,000 after purchasing an additional 19,039 shares during the last quarter. Acadian Asset Management LLC purchased a new position in First Guaranty Bancshares in the first quarter valued at about $48,000. Finally, Renaissance Technologies LLC grew its stake in First Guaranty Bancshares by 54.1% in the first quarter. Renaissance Technologies LLC now owns 36,467 shares of the bank’s stock valued at $653,000 after purchasing an additional 12,800 shares during the last quarter. Institutional investors own 8.86% of the company’s stock.
First Guaranty Bancshares Company Profile
First Guaranty Bancshares, Inc engages in the provision of personalized commercial banking services to businesses, professionals, and individuals. Its services include personal checking, money market, loans, courtesy sweep, business checking, cash management, courtesy pay, and digital. The company was founded on July 27, 2007 and is headquartered in Hammond, LA.
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