First Guaranty Bancshares, Inc. (FGBI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	188.9M	196.0M	244.8M	191.8M	145.8M
Cost of Revenue	151.2M	208.1M	153.3M	102.0M	40.2M
Gross Profit	37.7M	(12.1M)	91.5M	89.8M	105.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	44.7M	40.8M	39.5M	42.3M	38.4M
General & Admin Expense	44.3M	40.8M	38.3M	40.4M	36.7M
Selling & Marketing Expense	325.0K	—	1.2M	1.9M	1.7M
Other Expenses	38.5M	15.7M	35.9M	35.5M	30.8M
Total Operating Expenses	83.1M	56.4M	75.5M	77.9M	69.3M
Cost and Expenses	234.3M	264.5M	228.8M	179.9M	109.4M
Operating Income (EBIT)	(45.4M)	(68.6M)	16.0M	11.9M	36.4M
Non-Operating
Interest Income	208.1M	213.3M	221.7M	183.0M	136.6M
Interest Expense	122.6M	126.3M	133.3M	98.3M	36.5M
Net Interest Income	85.4M	86.9M	88.4M	84.7M	100.0M
Other Non-Op Income/Expense	2.2M	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	(43.2M)	(68.6M)	16.0M	11.9M	36.4M
Income Tax Expense	(6.8M)	(12.5M)	3.6M	2.7M	7.5M
Bottom Line
Net Income	(36.4M)	(56.0M)	12.4M	9.2M	28.9M
Earnings from Cont. Ops	(36.4M)	(56.0M)	12.4M	9.2M	28.9M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(38.7M)	(58.4M)	10.1M	6.9M	26.6M
Per Share
Basic EPS	($2.58)	($4.17)	$0.81	$0.62	$2.48
Diluted EPS	($2.58)	($4.17)	$0.81	$0.62	$2.48
Revenue Per Share	$11.57	$14.01	$19.58	$17.18	$13.61
Shares
Basic Shares Outstanding	16.3M	14.0M	12.5M	11.2M	10.7M
Diluted Shares Outstanding	16.3M	14.0M	12.5M	11.2M	10.7M
Profitability Metrics
EBITDA	(42.3M)	(64.3M)	20.4M	15.9M	40.5M
D&A	3.1M	4.3M	4.4M	4.0M	4.1M
EBIT	(45.4M)	(68.6M)	16.0M	11.9M	36.4M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026