First Guaranty Bancshares Inc (FGBI) - Net Assets
Based on the latest financial reports, First Guaranty Bancshares Inc (FGBI) has net assets worth $-34.89 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.82 Billion) and total liabilities ($3.85 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check FGBI asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-34.89 Million |
| % of Total Assets | -0.91% |
| Annual Growth Rate | 7.31% |
| 5-Year Change | 1.04% |
| 10-Year Change | 81.92% |
| Growth Volatility | 13.88 |
First Guaranty Bancshares Inc - Net Assets Trend (2006–2025)
This chart illustrates how First Guaranty Bancshares Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is First Guaranty Bancshares Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for First Guaranty Bancshares Inc (2006–2025)
The table below shows the annual net assets of First Guaranty Bancshares Inc from 2006 to 2025. For live valuation and market cap data, see how much is First Guaranty Bancshares Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $226.22 Million | -11.30% |
| 2024-12-31 | $255.05 Million | +2.17% |
| 2023-12-31 | $249.63 Million | +6.23% |
| 2022-12-31 | $234.99 Million | +4.96% |
| 2021-12-31 | $223.89 Million | +25.36% |
| 2020-12-31 | $178.59 Million | +7.56% |
| 2019-12-31 | $166.03 Million | +12.73% |
| 2018-12-31 | $147.28 Million | +2.29% |
| 2017-12-31 | $143.98 Million | +15.79% |
| 2016-12-31 | $124.35 Million | +5.18% |
| 2015-12-31 | $118.22 Million | -15.30% |
| 2014-12-31 | $139.58 Million | +13.11% |
| 2013-12-31 | $123.41 Million | -8.03% |
| 2012-12-31 | $134.18 Million | +5.99% |
| 2011-12-31 | $126.60 Million | +29.27% |
| 2010-12-31 | $97.94 Million | +3.16% |
| 2009-12-31 | $94.94 Million | +44.97% |
| 2008-12-31 | $65.49 Million | -2.64% |
| 2007-12-31 | $67.26 Million | +13.61% |
| 2006-12-31 | $59.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Guaranty Bancshares Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 50.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $14.05 Million | 6.21% |
| Common Stock | $15.79 Million | 6.98% |
| Other Comprehensive Income | $-7.31 Million | -3.23% |
| Other Components | $203.68 Million | 90.04% |
| Total Equity | $226.22 Million | 100.00% |
First Guaranty Bancshares Inc Competitors by Market Cap
The table below lists competitors of First Guaranty Bancshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zapata Computing Holdings Inc. Common Stock
NASDAQ:ZPTA
|
$141.09 Million |
|
MNtech Co. Ltd
KQ:095500
|
$141.11 Million |
|
Mondi Turkey Oluklui Mukavva Kagit ve Ambalaj Sanayi A.S.
IS:MNDTR
|
$141.21 Million |
|
Protech Mitra Perkasa Tbk PT
JK:OASA
|
$141.33 Million |
|
Yatas Yatak ve Yorgan Sanayi Ticaret AS
IS:YATAS
|
$141.03 Million |
|
Microbot Medical Inc
NASDAQ:MBOT
|
$141.03 Million |
|
Espey Mfg & Electronics Corp
NYSE MKT:ESP
|
$141.00 Million |
|
BANK OF JIUJIANG H YC1
F:BJ8
|
$140.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Guaranty Bancshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 255,049,000 to 226,218,000, a change of -28,831,000 (-11.3%).
- Net loss of 56,022,000 reduced equity.
- Other comprehensive income increased equity by 5,559,000.
- Other factors increased equity by 21,632,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-56.02 Million | -24.76% |
| Other Comprehensive Income | $5.56 Million | +2.46% |
| Other Changes | $21.63 Million | +9.56% |
| Total Change | $- | -11.30% |
Book Value vs Market Value Analysis
This analysis compares First Guaranty Bancshares Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.57x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.40x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $6.61 | $9.25 | x |
| 2007-12-31 | $7.51 | $9.25 | x |
| 2008-12-31 | $7.31 | $9.25 | x |
| 2009-12-31 | $10.60 | $9.25 | x |
| 2010-12-31 | $10.94 | $9.25 | x |
| 2011-12-31 | $12.67 | $9.25 | x |
| 2012-12-31 | $14.56 | $9.25 | x |
| 2013-12-31 | $13.40 | $9.25 | x |
| 2014-12-31 | $15.15 | $9.25 | x |
| 2015-12-31 | $12.66 | $9.25 | x |
| 2016-12-31 | $12.28 | $9.25 | x |
| 2017-12-31 | $13.82 | $9.25 | x |
| 2018-12-31 | $13.82 | $9.25 | x |
| 2019-12-31 | $15.57 | $9.25 | x |
| 2020-12-31 | $16.67 | $9.25 | x |
| 2021-12-31 | $20.89 | $9.25 | x |
| 2022-12-31 | $21.93 | $9.25 | x |
| 2023-12-31 | $22.36 | $9.25 | x |
| 2024-12-31 | $20.40 | $9.25 | x |
| 2025-12-31 | $16.18 | $9.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Guaranty Bancshares Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -24.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.59%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 18.03x
- Recent ROE (-24.76%) is below the historical average (7.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 14.87% | 15.92% | 0.08x | 12.07x | $2.88 Million |
| 2007 | 15.26% | 17.05% | 0.07x | 12.01x | $3.54 Million |
| 2008 | 8.42% | 10.33% | 0.06x | 13.30x | $-1.04 Million |
| 2009 | 8.00% | 13.77% | 0.06x | 9.81x | $-1.90 Million |
| 2010 | 10.24% | 16.71% | 0.05x | 11.57x | $231.20K |
| 2011 | 6.35% | 12.51% | 0.05x | 10.69x | $-4.63 Million |
| 2012 | 8.99% | 18.15% | 0.05x | 10.49x | $-1.36 Million |
| 2013 | 7.41% | 15.67% | 0.04x | 11.64x | $-3.19 Million |
| 2014 | 8.04% | 19.23% | 0.04x | 10.88x | $-2.73 Million |
| 2015 | 12.27% | 22.66% | 0.04x | 12.35x | $2.68 Million |
| 2016 | 11.33% | 21.05% | 0.04x | 12.07x | $1.66 Million |
| 2017 | 8.16% | 15.73% | 0.04x | 12.16x | $-2.65 Million |
| 2018 | 9.65% | 17.24% | 0.05x | 12.34x | $-515.40K |
| 2019 | 8.58% | 14.42% | 0.05x | 12.75x | $-2.36 Million |
| 2020 | 11.38% | 16.50% | 0.05x | 13.85x | $2.46 Million |
| 2021 | 12.19% | 22.57% | 0.04x | 12.86x | $4.91 Million |
| 2022 | 12.29% | 19.81% | 0.05x | 13.41x | $5.38 Million |
| 2023 | 3.69% | 4.81% | 0.05x | 14.23x | $-15.74 Million |
| 2024 | 4.88% | 5.09% | 0.06x | 15.58x | $-13.06 Million |
| 2025 | -24.76% | -28.59% | 0.05x | 18.03x | $-78.64 Million |
Industry Comparison
This section compares First Guaranty Bancshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $257,182,800
- Average return on equity (ROE) among peers: 11.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Guaranty Bancshares Inc (FGBI) | $-34.89 Million | 14.87% | N/A | $141.04 Million |
| Ameris Bancorp (ABCB) | $178.73 Million | 12.38% | 10.46x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $112.55 Million | 10.67% | 9.38x | $5.70 Billion |
| ACNB Corporation (ACNB) | $97.47 Million | 8.72% | 9.31x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $76.88 Million | 9.28% | 8.37x | $647.19 Million |
| Amalgamated Bank (AMAL) | $794.46 Million | 13.15% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $753.45 Million | 5.71% | 10.20x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $39.70 Million | 9.32% | 17.20x | $601.02 Million |
| Associated Banc-Corp (ASB) | $325.60 Million | 34.40% | 10.36x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $116.60 Million | 10.72% | 9.65x | $62.60 Million |
About First Guaranty Bancshares Inc
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 provides loans, such as non-farm, … Read more