First Guaranty Bancshares: Q2 Earnings Snapshot

July 27, 2022 GMT

HAMMOND, La. (AP) _ First Guaranty Banchshares Inc. (FGBI) on Wednesday reported second-quarter net income of $8.1 million.

The Hammond, Louisiana-based bank said it had earnings of 70 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The bank holding company posted revenue of $35.1 million in the period. Its revenue net of interest expense was $28.8 million, missing Street forecasts.


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