First Historical Income Statement
| FGBI Stock | USD 14.31 0.81 6.00% |
Historical analysis of First Guaranty income statement accounts such as Selling General Administrative of 25.4 M or Selling And Marketing Expenses of 3.1 M can show how well First Guaranty Bancshares performed in making a profits. Evaluating First Guaranty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Guaranty's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining First Guaranty Bancshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Guaranty Bancshares is a good buy for the upcoming year.
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About First Income Statement Analysis
First Guaranty Bancshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Guaranty shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
First Guaranty Income Statement Chart
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Total Revenue
Total revenue comprises all receipts First Guaranty Bancshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of First Guaranty Bancshares minus its cost of goods sold. It is profit before First Guaranty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on First Guaranty Bancshares income statement and represents the costs associated with goods and services First Guaranty provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from First Guaranty's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Guaranty Bancshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Guaranty Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. As of now, First Guaranty's Total Operating Expenses is increasing as compared to previous years. The First Guaranty's current Income Before Tax is estimated to increase to about 20.5 M, while Depreciation And Amortization is projected to decrease to under 2.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 22.3M | 36.5M | 98.3M | 103.2M | Depreciation And Amortization | 4.2M | 3.1M | 4.0M | 2.7M |
First Guaranty income statement Correlations
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First Guaranty Account Relationship Matchups
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First Guaranty income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 3.1M | 3.5M | 4.2M | 3.1M | 4.0M | 2.7M | |
| Interest Expense | 30.0M | 26.0M | 22.3M | 36.5M | 98.3M | 103.2M | |
| Selling General Administrative | 25.0M | 29.6M | 32.2M | 36.7M | 49.4M | 25.4M | |
| Selling And Marketing Expenses | 1.5M | 1.0M | 1.7M | 1.7M | 2.9M | 3.1M | |
| Total Revenue | 70.0M | 98.4M | 100.4M | 1.8M | 91.6M | 62.5M | |
| Gross Profit | 70.0M | 98.4M | 100.4M | 1.8M | 91.6M | 62.3M | |
| Other Operating Expenses | 52.1M | 72.9M | 65.9M | 71.2M | 52.4M | 33.5M | |
| Operating Income | 17.9M | 25.5M | 34.5M | 72.9M | 12.5M | 11.9M | |
| Ebit | 17.9M | 25.8M | 35.1M | 37.4M | 11.9M | 22.9M | |
| Ebitda | 21.0M | 29.3M | 39.2M | 40.5M | 15.9M | 15.1M | |
| Total Operating Expenses | (52.1M) | (72.9M) | (65.9M) | 71.2M | 52.4M | 55.0M | |
| Income Before Tax | 17.9M | 25.5M | 34.5M | 36.4M | 11.9M | 20.5M | |
| Total Other Income Expense Net | 17.9M | (19.3M) | (564K) | (638K) | (595K) | (624.8K) | |
| Net Income | 14.2M | 20.3M | 27.3M | 28.9M | 9.2M | 14.8M | |
| Income Tax Expense | 3.7M | 5.2M | 7.2M | 7.5M | 2.7M | 2.5M | |
| Net Income Applicable To Common Shares | 14.2M | 20.3M | 25.9M | 26.6M | 30.5M | 16.2M | |
| Net Income From Continuing Ops | 14.2M | 20.3M | 27.3M | 28.9M | 13.0M | 18.7M | |
| Tax Provision | 3.7M | 5.2M | 7.2M | 7.5M | 3.6M | 4.6M | |
| Net Interest Income | 61.7M | 74.7M | 89.6M | 100.0M | 87.0M | 75.7M | |
| Interest Income | 91.6M | 100.7M | 111.9M | 136.6M | 171.0M | 106.6M | |
| Reconciled Depreciation | 3.1M | 3.8M | 4.8M | 4.1M | 4.1M | 4.0M |
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When determining whether First Guaranty Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Guaranty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Guaranty Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Guaranty Bancshares Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Guaranty Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Guaranty. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Guaranty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.033 | Dividend Share 0.56 | Earnings Share 0.84 | Revenue Per Share 7.78 | Quarterly Revenue Growth (0.01) |
The market value of First Guaranty Bancshares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Guaranty's value that differs from its market value or its book value, called intrinsic value, which is First Guaranty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Guaranty's market value can be influenced by many factors that don't directly affect First Guaranty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Guaranty's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Guaranty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Guaranty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.