First Guaranty Q2 profit rises as nonaccrual loans decline
FGBI•Outlook and risk management
The company said it is focused on reducing balance sheet risk and diversifying its loan portfolio.
It said it reduced non-performing and criticized assets as part of efforts to manage credit risk.
Key figures and analyst coverage
| Metric | Actual |
|---|---|
| Q2 EPS | $0.17 |
| Q2 Net Income | $3.40 million |
The one available analyst rating on the shares is hold. Wall Street's median 12-month price target for First Guaranty Bancshares Inc is $9.00, about 3.8% below its July 27 closing price of $9.36.
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago.
Quarterly profit and credit trends
First Guaranty Bancshares Inc said its second-quarter net income and earnings per share rose from prior quarters.
The US regional bank said it reduced nonaccrual loans by $19 million since December 2025. It also said total capital ratio improved to over 16% at June 30, 2026.
