First Guaranty Bancshares (FGBI) financial statements
First Guaranty Bancshares reported revenue of $95M in fiscal 2025, up 5.7% a year over 9 years.
Net income was -$56M.
Free cash flow was -$10M, and the company returned $560,000 in dividends.
The diluted share count rose 67% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from First Guaranty Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $58M | $61M | $62M | $70M | $98M | $100M | $111M | $95M | $113M | $95M |
| Operating income | — | — | — | — | — | — | — | — | — | -$46M |
| Interest expense | $10M | $14M | $21M | $30M | $26M | $22M | $37M | $98M | — | — |
| Pre-tax income | $21M | $19M | $18M | $18M | $26M | $34M | $36M | $12M | $16M | -$69M |
| Income tax | $7M | $7M | $3M | $4M | $5M | $7M | $8M | $3M | $4M | -$13M |
| Net income | $14M | $12M | $14M | $14M | $20M | $27M | $29M | $9M | $12M | -$56M |
| EPS (diluted) | $1.68 | $1.21 | $1.47 | $1.34 | $1.90 | $2.42 | $2.48 | $0.62 | $0.81 | -$4.17 |
| Diluted shares | 8M | 10M | 10M | 11M | 11M | 11M | 11M | 11M | 13M | 14M |
| Operating margin | — | — | — | — | — | — | — | — | — | -48.4% |
| Net margin | 24.4% | 19.1% | 22.8% | 20.4% | 20.6% | 27.2% | 26.0% | 9.7% | 11.0% | -58.7% |
Balance sheet
Fiscal years, from First Guaranty Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $18M | $38M | $128M | $67M | $300M | $262M | $83M | $286M | $564M | $846M |
| Property, plant and equipment | $24M | $38M | $40M | $56M | $60M | $59M | $58M | $70M | $68M | $60M |
| Goodwill | $2M | $3M | $3M | $13M | $13M | $13M | $13M | $13M | $13M | $0 |
| Total assets | $1.5B | $1.8B | $1.8B | $2.1B | $2.5B | $2.9B | $3.2B | $3.6B | $4.0B | $4.1B |
| Total liabilities | $1.4B | $1.6B | $1.7B | $2.0B | $2.3B | $2.7B | $2.9B | $3.3B | $3.7B | $3.9B |
| Shareholders' equity | $124M | $144M | $147M | $166M | $179M | $224M | $235M | $250M | $255M | $226M |
| Net debt | -$18M | -$38M | -$128M | -$67M | -$300M | -$262M | -$83M | -$286M | -$564M | -$846M |
Cash flow
Fiscal years, from First Guaranty Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $22M | $12M | $27M | $29M | $24M | $27M | $37M | $22M | $34M | -$8M |
| Capital spending | $4M | $7M | $4M | $12M | $6M | $2M | $3M | $15M | $3M | $2M |
| Free cash flow | $18M | $5M | $23M | $17M | $17M | $24M | $34M | $7M | $31M | -$10M |
| Dividends paid | $5M | $5M | $6M | $6M | $6M | $6M | $7M | $7M | $5M | $560,000 |
| Net borrowing | $970,000 | -$31,000 | -$18M | $29M | $30M | -$67M | $134M | $92M | -$74M | -$898,000 |
| Free cash flow margin | 31.3% | 8.9% | 37.1% | 24.5% | 17.7% | 24.2% | 30.8% | 7.2% | 27.1% | -10.5% |
| Dividends per share | $0.58 | $0.54 | $0.58 | $0.54 | $0.58 | $0.60 | $0.64 | $0.66 | $0.41 | $0.04 |
Questions
What was First Guaranty Bancshares's revenue in 2025?
$95M in fiscal 2025, from its 10-K filing.
How much free cash flow does First Guaranty Bancshares generate?
-$10M in fiscal 2025 (operating cash flow minus capital spending).
From First Guaranty Bancshares's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.