ZYBERNO
Stock Report
Updated Aug 25, 2026

FIRST GUARANTY BANCSHARES, INC. (FGBIP)

Financial Services • NASDAQ

$18.81

Professional Investment Analysis

ZYBERNO SCORE
Is it a great business? Is it getting better?
30.0/100
WEAK BUSINESS
FIRST GUARANTY BANCSHARES, INC. (FGBIP) scores 30/100 — weak fundamentals with mixed indicators requiring careful analysis before acting.
📊 How is the Zyberno Score calculated? +
VALUATION SIGNAL
Business Model Limitation
FIRST GUARANTY BANCSHARES, INC. operates in the Banking industry. Owner Earnings-based DCF analysis — the foundation of both the Margin of Safety and the Brina Gap — is not well-suited to companies whose business model is structurally built around leverage: banks, insurers, mortgage companies, and REITs. These businesses are typically valued using sector-specific metrics such as Price-to-Book, Price-to-FFO, or Net Asset Value. Treat these signals as directional only.
MARGIN OF SAFETY
Is this stock cheap or expensive relative to what the business has historically generated for owners?
+72.0%
Undervalued
Growth gap unavailable — insufficient data for reverse DCF calculation.
🎯 Expected Annual Return
54.8%
Margin of Safety convergence — your return if the market re-prices to intrinsic value (5-yr annualised)
11.4%
Yield + growth — what the business alone earns you, even if the market never re-rates
💰 How is Margin of Safety calculated? +
📈 How is Brina Gap calculated? +

Critical Financial Health Indicators

Return on Equity (Profitability):CRITICAL (-16.2%)
Debt-to-Equity (Solvency Risk):EXCELLENT (0.00x)
Operating Margin (Operational Efficiency):CRITICAL (-29.2%)
Return on Capital (Capital Efficiency):CRITICAL (-1.5%)
📊 Valuation Trilogy
Three interconnected metrics for complete valuation analysis
Click any metric for full methodology and detailed analysis
Zyberno's Verdict

FIRST GUARANTY BANCSHARES, INC. (FGBIP) stock report — Zyberno Score 30/100 (WEAK BUSINESS), Margin of Safety +72.0%, 55% expected annual return. Full financial analysis on Zyberno.

According to Zyberno's DCF model, FIRST GUARANTY BANCSHARES, INC. (FGBIP) trades at $18.81 against an estimated intrinsic value per share of $67.22 — a +72.0% Margin of Safety based on Owner Earnings of $35.27M TTM, projected at 49.1% growth for 10 years with a 2.5% terminal growth rate. Zyberno's model translates this into a 5-year expected return of 54.8% annually.

Over the trailing twelve months, FGBIP generated $35.27M in Owner Earnings. Capital was deployed as follows: $629.00K paid as dividends, $1.66M invested in capital expenditures. Reinvestment rate: 5.4%. Owner Earnings have grown at 49.1% annually over the trailing five years using log-linear regression.

DIVISION I: EXECUTIVE SUMMARY
A. Market Valuation

Market Price & Capitalization (2)

Current Price:18.81
Market Cap:$307.09M

Valuation Multiples (3)

P/B Ratio:1.35x
P/S Ratio:1.48x
Peg Ratio:-999.00x

Enterprise Metrics (2)

Enterprise Value:-$150.48M
Pfcf Ratio:8.71x

Price Action & Momentum (3)

Momentum Percentile:60 / 100
% of 52-Week High:170.8%
B. Profitability Assessment

Return Metrics (5)

ROA:-0.9%
Reinvestment Rate:5.4%
Fundamental Growth Rate (g):-0.1%

Margin Analysis (3)

Operating Margin Ttm:-29.2%
Net Margin Ttm:-17.5%
Ebitda Margin:-27.2%

TTM Performance (2)

Operating Margin Ttm:-29.2%
Net Margin Ttm:-17.5%

Yield Metrics (3)

Earnings Yield:-$14.41
Owner Earnings Yield:$11.48
Dividend Yield:0.2%
C. Log-Linear Regression Growth Trends

Earnings Surprise (SUE) (3)

EPS Surprise vs Expected:117.2%
Latest Earnings Filed:2026-08-14

Revenue Growth (Linear) (1)

Revenue Growth Rate (Linear):9.5%

Earnings Growth (Linear) (1)

Net Income Growth Rate (Linear):-12.6%

Cash Flow Growth (Linear) (2)

Free Cash Flow Growth Rate (Linear):52.9%
Operating Cash Flow Growth Rate (Linear):42.9%

Operating Growth (Linear) (1)

Operating Income Growth Rate (Linear):-14.6%
D. Financial Stability

Liquidity Ratios (3)

Current Ratio:0.23x
Quick Ratio:0.23x
Cash Ratio:0.23x

Leverage Analysis (3)

Debt To Equity Ttm:0.00x
Debt-to-Equity Ratio:0.00x
Debt To Ebitda:-999.00x

Coverage Ratios (2)

Interest Coverage Ratio:-0.54x
Times Interest Earned:-0.54

Capital Structure (4)

Working Capital:-2,676,022,000.00
Cash And Cash Equivalents:781,030,000.00
Long Term Debt:$100.00K
Net Debt:-$457.58M
DIVISION II: FINANCIAL STATEMENTS ANALYSIS
A. Income Statement Analysis

Revenue Components (2)

Revenue TTM: $208.05M
Linear Growth: 9.5%
📊 Click to view full FGBIP Revenue analysis & methodology →
Cost Of Revenue Ttm:$0.00

Profitability Breakdown (2)

$0.00
Operating income TTM: -$60.67M
Linear Growth: -14.6%
📊 Click to view full FGBIP Operating Income analysis & methodology →

Bottom Line Performance (3)

Net income TTM: -$36.38M
Linear Growth: -12.6%
📊 Click to view full FGBIP Net Income analysis & methodology →
Income Before Tax:-$60.67M
Ebitda Ttm:-56,501,000.00

Operating Expenses (5)

Operating Expenses:80,902,000.00
R And D Expense:0.00
Sga Expense:0.00
Income Tax Expense:-$10.83M
Interest Expense:85,446,000.00

Expense Ratios (3)

R And D To Revenue Percentage:0.0%
Sga To Revenue Percentage:0.0%
Ebitda Margin:-27.2%
B. Balance Sheet Analysis

Asset Composition (5)

Total Assets:$3.90B
Current Assets:$781.03M
Ppe Net:72,656,000.00
Goodwill:0.00
Intangible Assets:$2.22M

Liability Structure (4)

Total Liabilities:3,667,660,000.00
Current Liabilities:3,457,052,000.00
Long Term Debt:$100.00K
Short Term Debt:$323.35M

Equity & Capital (3)

Equity:$227.35M
Retained Earnings:$18.74M
Common Stock:100,600,000.00

Working Capital Items (3)

Accounts Receivable:0.00
Inventory:0.00
Accounts Payable:0.00

Special Items (2)

Contract Liabilities:0.00
Stock Based Compensation:0.00
C. Cash Flow Analysis

Operating Activities (2)

Operating cash flow TTM: $36.92M
Linear Growth: 42.9%
Free cash flow TTM: $35.27M
Linear Growth: 52.9%
📊 Click to view full FGBIP Free Cash Flow analysis & methodology →

Investment Activities (2)

Investing Cash Flow:-$37.45M
Capital Expenditures Ttm:1,655,000.00

Financing Activities (3)

Financing Cash Flow:-$125.07M
Dividends Paid Ttm:629,000.00
Stock Repurchase:0.00

Capital Transactions (3)

Common Stock Issuance:1,000,000.00
Long Term Debt Issuance:$0.00
Long Term Debt Repayments:$0.00

Non-Cash Items (1)

Depreciation Amortization Ttm:4,172,000.00
DIVISION III: OPERATIONAL METRICS
A. Per Share Analysis

Earnings Per Share (2)

EPS (Basic TTM):-2.71
Earnings Per Share Ttm:-$2.23

Revenue & Cash Per Share (3)

Sales Per Share Ttm:12.74
Operating Cash Flow Per Share:-$0.51
Fcf Per Share Ttm:2.16

Book Value & Capital (2)

Book Value Per Share:$13.93
Cash Per Share:47.84

Dividend Policy (1)

Dividend Payout Ratio:-999.00x
B. Operational Efficiency

Asset Utilization (2)

Asset Turnover Ttm:0.05x
Working Capital Turnover Ttm:-999.00x

Receivables Management (2)

Receivables Turnover Ttm:-999.00x
Days Sales Outstanding Ttm:-999.00

Inventory Management (2)

Inventory Turnover Ttm:-999.00x
Days Inventory Outstanding Ttm:-999.00

Payables & Cash Cycle (2)

Days Payable Outstanding:-999.00
Cash Conversion Cycle:-999.00
C. Quality & Risk Metrics

Financial Quality Scores (2)

Financial Strength Score:60.00
Quality Score:30.00

Market Metrics (2)

Beta:0.00x
Volatility Category:unknown
DIVISION IV: INVESTMENT ANALYSIS
A. Value Investment Framework

Owner Earnings Analysis (3)

Owner earnings TTM: $35.27M
Linear Growth: 49.1%
📊 Click to view full FGBIP Owner Earnings analysis & methodology →
Owner Earnings Per Share:$2.16
Owner Earnings Yield:$11.48

Growth Assessment (1)

Owner Earnings Growth Rate:$49.11

Damodaran Growth Analysis (2)

Reinvestment Rate:5.4%
Fundamental Growth Rate (g):-0.1%

Intrinsic Value Models (1)

Return Scenarios (2)

Investment Assessment (1)

Buffett Assessment:Excellent margin of safety
B. Log-Linear Regression Growth Analysis

Growth Rates (Log-Linear Regression) (3)

Revenue Growth Rate (Linear):9.5%
Net Income Growth Rate (Linear):-12.6%
Operating Income Growth Rate (Linear):-14.6%

Cash Flow Growth Rates (2)

Free Cash Flow Growth Rate (Linear):52.9%
Operating Cash Flow Growth Rate (Linear):42.9%

Other Growth Rates (2)

Book Value Growth Rate (Linear):1.0%
Owner Earnings Growth Rate:$49.11
C. Company Profile & Context

Corporate Information (6)

Symbol:FGBIP
Company Name:FIRST GUARANTY BANCSHARES, INC.
Sector:Financial Services
Industry:Banking
Exchange:NASDAQ
Country:United States

Market Classification (3)

Market Cap Category:N/A
Price Category:medium
Volume Category:N/A

Share Structure (3)

Shares Outstanding:16.33M
Shares Outstanding Basic:16.33M
Shares Outstanding Diluted:0

Data Processing Info (3)

Processing Version:v3.0
Last Updated:2026-08-25 16:27:11 UTC
Data Timestamp:2026-08-25T16:27:11.859834
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