First Guaranty Bancshares Reports Third Quarter 2026 Results and Provides Strategic Update

Article summary

First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, reported net income of $12.0 million, or $0.69 per common share, for the third quarter ended September 30, 2026, reflecting continued progress in First Guaranty’s efforts to strengthen capital, reduce balance sheet risk and improve operating performance. The quarter included the completion of the sale of the Bank's Texas operations to Armstrong Bank on July 31, 2026, which contributed an estimated $17.6 million pre-tax gain.