First Guaranty Bancshares (FGBI) Reports Q1 Loss, Tops Revenue Estimates
Earnings Report Overview: First Guaranty Bancshares (FGBI) reported a quarterly loss of $0.54 per share, significantly below the Zacks Consensus Estimate of $0.17, marking an earnings surprise of -417.65%. Despite this, the company exceeded revenue expectations with $24.58 million for the quarter.
Future Outlook and Industry Context: The stock currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market. Investors are advised to monitor earnings estimate revisions and industry performance, as the Banks - Southeast sector ranks in the top 20% of Zacks industries.
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First National Bank Q4 Financial Highlights
- Earnings Per Share Growth: First National Bank reported a Q4 GAAP EPS of $0.61, a significant increase from $0.00 a year prior, reflecting enhanced profitability and restored market confidence.
- Slight Decline in ROA: The return on average assets stood at 1.06%, a slight decrease from 1.09% in the previous quarter but still higher than 0.18% a year ago, indicating stability in asset management.
- Significant Loan Growth: The bank experienced a loan growth of $16.3 million for the quarter, translating to an annualized growth rate of 4.6%, suggesting increased activity in the lending market that could boost future revenues.
- Improved Asset Quality: Non-performing assets declined to 0.32% of total loans, demonstrating effective risk management and asset quality control measures, which enhance investor confidence.
First National Corporation Reports Record Financial Performance for 2025
- Quarterly Net Income Surge: First National Corporation reported a net income of $5.5 million for Q4 2025, rebounding significantly from a loss of $1 million in the same quarter last year, demonstrating a strong financial recovery post-Touchstone integration that boosts investor confidence.
- Earnings Per Share Growth: The company achieved a basic earnings per share of $1.97 for the full year 2025, up 97% from $1.00 in 2024, reflecting successful strategies in customer retention and loan growth that further enhance shareholder returns.
- Significant Loan Growth: The company experienced a loan growth of $16.3 million in Q4, with an annualized growth rate of 4.6%, supported by a team of experienced bankers in the Richmond, Roanoke, and Staunton markets, strengthening its competitive position.
- Increased Shareholder Returns: The company raised its quarterly dividend by 9.7% in Q4 while growing tangible book value per share by 14%, which not only enhances shareholder investment returns but also lays a foundation for future capital growth.
First National Q2 Profit Rises On Growth In Interest Income
Financial Performance: First National Corporation reported a net income of $5.05 million for Q2, an increase from $2.44 million in the same quarter last year, driven by growth in net interest income which rose to $18.55 million.
Adjusted Earnings: The adjusted earnings per share (EPS) increased to $0.57 from $0.48 a year ago, despite a rise in provision for credit losses to $911,000 compared to $400,000 in the previous year.
First Bank Welcomes Chris Layne as Greater Richmond Market Executive
New Leadership Appointment: First National Corporation has appointed Chris Layne as Senior Vice President and Regional Market Executive for Richmond, where he will oversee business banking and development in the area.
Community Commitment: Chris Layne brings over 20 years of banking experience and a strong commitment to community service, aiming to enhance customer relationships and support local businesses through First Bank's services.
First Guaranty Bancshares (FGBI) Reports Q1 Loss, Tops Revenue Estimates
Earnings Report Overview: First Guaranty Bancshares (FGBI) reported a quarterly loss of $0.54 per share, significantly below the Zacks Consensus Estimate of $0.17, marking an earnings surprise of -417.65%. Despite this, the company exceeded revenue expectations with $24.58 million for the quarter.
Future Outlook and Industry Context: The stock currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market. Investors are advised to monitor earnings estimate revisions and industry performance, as the Banks - Southeast sector ranks in the top 20% of Zacks industries.
Tesla, Apple, Nvidia And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Market Decline: U.S. stock futures dropped significantly, with the Dow futures falling over 700 points, largely influenced by President Trump's announcement of tariffs that could impact auto prices and consumer demand.
Stock Performance: Tesla shares fell 7.1% in pre-market trading, alongside notable declines in other stocks such as American Rebel Holdings (down 30.3%) and CECO Environmental Corp (down 29.3%).
First National Bank Q4 Financial Highlights
- Earnings Per Share Growth: First National Bank reported a Q4 GAAP EPS of $0.61, a significant increase from $0.00 a year prior, reflecting enhanced profitability and restored market confidence.
- Slight Decline in ROA: The return on average assets stood at 1.06%, a slight decrease from 1.09% in the previous quarter but still higher than 0.18% a year ago, indicating stability in asset management.
- Significant Loan Growth: The bank experienced a loan growth of $16.3 million for the quarter, translating to an annualized growth rate of 4.6%, suggesting increased activity in the lending market that could boost future revenues.
- Improved Asset Quality: Non-performing assets declined to 0.32% of total loans, demonstrating effective risk management and asset quality control measures, which enhance investor confidence.
First National Corporation Reports Record Financial Performance for 2025
- Quarterly Net Income Surge: First National Corporation reported a net income of $5.5 million for Q4 2025, rebounding significantly from a loss of $1 million in the same quarter last year, demonstrating a strong financial recovery post-Touchstone integration that boosts investor confidence.
- Earnings Per Share Growth: The company achieved a basic earnings per share of $1.97 for the full year 2025, up 97% from $1.00 in 2024, reflecting successful strategies in customer retention and loan growth that further enhance shareholder returns.
- Significant Loan Growth: The company experienced a loan growth of $16.3 million in Q4, with an annualized growth rate of 4.6%, supported by a team of experienced bankers in the Richmond, Roanoke, and Staunton markets, strengthening its competitive position.
- Increased Shareholder Returns: The company raised its quarterly dividend by 9.7% in Q4 while growing tangible book value per share by 14%, which not only enhances shareholder investment returns but also lays a foundation for future capital growth.
First National Q2 Profit Rises On Growth In Interest Income
Financial Performance: First National Corporation reported a net income of $5.05 million for Q2, an increase from $2.44 million in the same quarter last year, driven by growth in net interest income which rose to $18.55 million.
Adjusted Earnings: The adjusted earnings per share (EPS) increased to $0.57 from $0.48 a year ago, despite a rise in provision for credit losses to $911,000 compared to $400,000 in the previous year.
First Bank Welcomes Chris Layne as Greater Richmond Market Executive
New Leadership Appointment: First National Corporation has appointed Chris Layne as Senior Vice President and Regional Market Executive for Richmond, where he will oversee business banking and development in the area.
Community Commitment: Chris Layne brings over 20 years of banking experience and a strong commitment to community service, aiming to enhance customer relationships and support local businesses through First Bank's services.
First Guaranty Bancshares (FGBI) Reports Q1 Loss, Tops Revenue Estimates
Earnings Report Overview: First Guaranty Bancshares (FGBI) reported a quarterly loss of $0.54 per share, significantly below the Zacks Consensus Estimate of $0.17, marking an earnings surprise of -417.65%. Despite this, the company exceeded revenue expectations with $24.58 million for the quarter.
Future Outlook and Industry Context: The stock currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market. Investors are advised to monitor earnings estimate revisions and industry performance, as the Banks - Southeast sector ranks in the top 20% of Zacks industries.
Tesla, Apple, Nvidia And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Market Decline: U.S. stock futures dropped significantly, with the Dow futures falling over 700 points, largely influenced by President Trump's announcement of tariffs that could impact auto prices and consumer demand.
Stock Performance: Tesla shares fell 7.1% in pre-market trading, alongside notable declines in other stocks such as American Rebel Holdings (down 30.3%) and CECO Environmental Corp (down 29.3%).
