First Guaranty Bancshares: Q1 Earnings Snapshot

April 28, 2022 GMT

HAMMOND, La. (AP) _ First Guaranty Banchshares Inc. (FGBI) on Thursday reported first-quarter earnings of $7.6 million.

The Hammond, Louisiana-based bank said it had earnings of 65 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.

The bank holding company posted revenue of $32.4 million in the period. Its revenue net of interest expense was $26.9 million, which missed Street forecasts.


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