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First Guaranty Bancshares
-7.87%
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
First Guaranty Bancshares is a bank holding company headquartered in Hammond, Louisiana. The company owns First Guaranty Bank, a community bank that has been serving customers in Louisiana and Texas since 1934.
The bank offers a range of financial services, including personal and business banking, wealth management, and lending services. It has over 30 branches and ATMs located in various communities in Louisiana and Texas.
In addition to traditional banking services, First Guaranty Bank also offers online and mobile banking options, making it easier for customers to manage their finances on the go.
The company places an emphasis on building strong relationships with its customers, and is committed to providing personalized and responsive service. It also has a strong focus on supporting local communities through various philanthropic and community outreach programs.
First Guaranty Bancshares is publicly traded on the NASDAQ stock exchange under the ticker symbol FGBI. As of 2021, the company had total assets of over $2 billion.
The bank offers a range of financial services, including personal and business banking, wealth management, and lending services. It has over 30 branches and ATMs located in various communities in Louisiana and Texas.
In addition to traditional banking services, First Guaranty Bank also offers online and mobile banking options, making it easier for customers to manage their finances on the go.
The company places an emphasis on building strong relationships with its customers, and is committed to providing personalized and responsive service. It also has a strong focus on supporting local communities through various philanthropic and community outreach programs.
First Guaranty Bancshares is publicly traded on the NASDAQ stock exchange under the ticker symbol FGBI. As of 2021, the company had total assets of over $2 billion.
What is special about the company?
There are a few things that make First Guaranty Bancshares stand out as a company:
1. Long history: The company was founded in 1934 in Hammond, Louisiana, and has been operating for over 85 years. This demonstrates its stability and longevity as a financial institution.
2. Small-town roots: First Guaranty Bancshares is based in Hammond, a small community in Louisiana, and has maintained its focus on serving the needs of small businesses and individuals in the region. This makes it a local, community-focused bank with strong ties to its customers.
3. Strong financial performance: Despite its small-town roots, First Guaranty Bancshares has consistently shown strong financial performance. In 2020, the bank reported a record high net income of $27.5 million, demonstrating its stability and growth potential.
4. Diverse business lines: First Guaranty Bancshares offers a range of financial services, including commercial and personal banking, mortgage lending, wealth management, and insurance services. This diversity in offerings allows the company to serve a wide range of customers and generate multiple revenue streams.
5. Commitment to customer service: The company prides itself on providing personalized, responsive customer service and building long-term relationships with its clients. This has contributed to its strong reputation and customer loyalty.
6. Community involvement: First Guaranty Bancshares is committed to giving back to the communities it serves and supports various local organizations and charities through donations and volunteer work. This further strengthens its ties to the community and enhances its reputation as a responsible corporate citizen.
Overall, the combination of a long history, small-town roots, strong financial performance, diverse offerings, commitment to customer service, and community involvement make First Guaranty Bancshares a unique and reputable company in the banking industry.
1. Long history: The company was founded in 1934 in Hammond, Louisiana, and has been operating for over 85 years. This demonstrates its stability and longevity as a financial institution.
2. Small-town roots: First Guaranty Bancshares is based in Hammond, a small community in Louisiana, and has maintained its focus on serving the needs of small businesses and individuals in the region. This makes it a local, community-focused bank with strong ties to its customers.
3. Strong financial performance: Despite its small-town roots, First Guaranty Bancshares has consistently shown strong financial performance. In 2020, the bank reported a record high net income of $27.5 million, demonstrating its stability and growth potential.
4. Diverse business lines: First Guaranty Bancshares offers a range of financial services, including commercial and personal banking, mortgage lending, wealth management, and insurance services. This diversity in offerings allows the company to serve a wide range of customers and generate multiple revenue streams.
5. Commitment to customer service: The company prides itself on providing personalized, responsive customer service and building long-term relationships with its clients. This has contributed to its strong reputation and customer loyalty.
6. Community involvement: First Guaranty Bancshares is committed to giving back to the communities it serves and supports various local organizations and charities through donations and volunteer work. This further strengthens its ties to the community and enhances its reputation as a responsible corporate citizen.
Overall, the combination of a long history, small-town roots, strong financial performance, diverse offerings, commitment to customer service, and community involvement make First Guaranty Bancshares a unique and reputable company in the banking industry.
What the company's business model?
The business model of First Guaranty Bancshares company is primarily focused on providing financial services to individuals and businesses. This includes commercial and personal banking, mortgage lending, and wealth management services. The company generates revenue from various sources including interest income from loans and investments, service charges and fees, and gains from the sale of loans and investments. Their goal is to generate sustainable profitability while managing risks and providing quality customer service. They primarily operate through their subsidiary, First Guaranty Bank, which has locations in Louisiana and Texas. The company also seeks to grow through strategic acquisitions and expanding their market reach.
Interesting facts about the company
- First Guaranty Bancshares is a financial holding company that operates through its subsidiary First Guaranty Bank.
- The company was founded in 1934 and is headquartered in Hammond, Louisiana.
- First Guaranty Bank is the largest bank headquartered in Louisiana and has over 30 locations across the state.
- The company’s mission is to provide quality financial services to its customers, shareholders, employees, and the communities it serves.
- First Guaranty Bancshares has been named one of the best performing community banks in the nation by the American Banker magazine multiple times.
- In 2019, the company was ranked 8th on the Forbes list of America’s Best Small-Cap Banks.
- The bank offers a wide range of financial services including personal and commercial banking, mortgage lending, wealth management, and insurance services.
- First Guaranty Bank has a strong commitment to community involvement and supports various local organizations and initiatives.
- The company’s stock is publicly traded on the NASDAQ under the symbol FGBI.
- As of 2021, First Guaranty Bancshares has over $4.3 billion in assets and employs over 500 people.
See Company Due Diligence:
- The company was founded in 1934 and is headquartered in Hammond, Louisiana.
- First Guaranty Bank is the largest bank headquartered in Louisiana and has over 30 locations across the state.
- The company’s mission is to provide quality financial services to its customers, shareholders, employees, and the communities it serves.
- First Guaranty Bancshares has been named one of the best performing community banks in the nation by the American Banker magazine multiple times.
- In 2019, the company was ranked 8th on the Forbes list of America’s Best Small-Cap Banks.
- The bank offers a wide range of financial services including personal and commercial banking, mortgage lending, wealth management, and insurance services.
- First Guaranty Bank has a strong commitment to community involvement and supports various local organizations and initiatives.
- The company’s stock is publicly traded on the NASDAQ under the symbol FGBI.
- As of 2021, First Guaranty Bancshares has over $4.3 billion in assets and employs over 500 people.
See Company Due Diligence:
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