HAMMOND, La., July  28, 2026  (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. (&#34;First Guaranty&#34;) (NASDAQ:FGBI), the holding company for First Guaranty Bank, reported net income of $3.4 million, or $0.17 per

FGBI

First Guaranty Bancshares, Inc. Reports Second Quarter 2026 Net Income of $3.4 Million, and Earnings Per Share of $0.17

First Guaranty Bancshares Q2 2026 earnings strengthen asset quality and capital

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>HAMMOND, La., July  28, 2026  (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. (&amp;#34;First Guaranty&amp;#34;) (NASDAQ:FGBI), the holding company for First Guaranty Bank, reported net income of $3.4 million, or $0.17 per</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>First Guaranty Bancshares posted Q2 2026 earnings of $3.4 million (EPS $0.17), up from Q1. Nonaccrual loans declined by $19 million to $40.6 million, and total capital ratio surpassed 16% at 6/30/2026. Management reiterated plans to reduce balance-sheet risk and diversify lending, a combination that could support valuation if the trend continues.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Q2 2026 net income $3.4m; EPS $0.17. Q2 vs Q1 $0.14.</li><li>Nonaccrual loans fell $19m to $40.6m; asset quality improves.</li><li>Total assets $3.9b; deposits $3.5b; loans $1.8b; book value $11.75.</li><li>Total capital ratio above 16% as of June 30, 2026.</li><li>CEO cites balance-sheet risk reduction and diversified loan portfolio.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>First Guaranty Bancshares, Inc. (FGBI)</strong>: Reported Q2 2026 results; improving asset quality and capital metrics may support valuation.</li><li><strong>First Guaranty Bank (N/A)</strong>: Louisiana-based subsidiary; core driver of earnings and balance-sheet improvements.</li></ul>
  </section>

  <section data-block="category">
    <h3>Earnings</h3>
    <p>Category: Earnings. The release provides quarterly financials and balance-sheet metrics typical of earnings reports; the improving credit metrics and strong capitalization align with prudent risk management and potential valuation support.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Asset-quality improvement supports earnings visibility and credit risk discipline.</li><li>Strong capital ratio (&gt;16%) provides cushion for growth and potential capital returns.</li><li>Sequential earnings improvement sets baseline for valuation re-rating.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Q2 2026 net income: $3.4 million</li><li>Q2 2026 EPS: $0.17; Q1 2026 EPS: $0.14</li><li>Nonaccrual loans: $40.6 million as of 6/30/2026 (down from $59.6m on 12/31/2025)</li><li>Total assets: $3.9 billion; deposits: $3.5 billion; loans: $1.8 billion</li><li>Shareholders&#039; equity: $227.4 million; book value per share: $11.75</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish in the near term as asset quality and capital adequacy improve, potential for multiple-quarter earnings uplift.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">HAMMOND, La., July  28, 2026  (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. (&#34;First Guaranty&#34;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FGBI">FGBI</a>), the holding company for First Guaranty Bank, reported net income of $3.4 million, or $0.17 per common share, for the second quarter ended June 30, 2026, compared to $0.14 per common share for first quarter ended March 31, 2026, and $0.12 per common share for the fourth quarter ended December 31, 2025.</p>  <p align="justify"><strong>SECOND QUARTER 2026 HIGHLIGHTS</strong></p>  <ul type="disc"><li style="text-align:justify;">Net income of $3.4 million; Net income available to common shareholders of $2.8 million.</li><li style="text-align:justify;">Nonaccrual loans decreased $19.0 million to $40.6 million from $59.6 million at December 31, 2025.</li><li style="text-align:justify;">Total assets of $3.9 billion; total loans of $1.8 billion; total deposits of $3.5 billion.</li><li style="text-align:justify;">Shareholders’ equity of $227.4 million; book value per common share of $11.75.</li><li style="text-align:justify;">Bank total capital ratio improved to more than 16% at June 30, 2026.<br></br><br></br></li></ul>  <p align="justify">"We continue to move forward with our business strategy to reduce balance sheet risk, improve earnings, and grow capital. By improving our bank Total Capital ratio to over 16% at June 30, 2026, we have come a long way in managing credit risk. We are actively reducing our non-performing and criticized assets and building a more diversified loan portfolio," said Michael R. Mineer, President and Chief Executive Officer of First Guaranty.</p>  <p align="justify"><strong>For full release click </strong><a href="https://www.globenewswire.com/Tracker?data=S9ZEA6sMIlcl80QbzPPRy0uWdncKdUhOjwpo0t4HZFYKwv2u8jBo8-cGV6GzcMRqRVbvHowne19K7fOJTQsBYzwe8KqYNV80mV1-mWy2cfvva72XCay1BkJHUhvy57C7oJLkVtqlbu6unKrxuUeg4UIighg3hC9AmzzGgm_IE8M=" rel="nofollow" target="_blank"><strong>here</strong></a><strong>.</strong></p>  <p align="justify"><strong>About First Guaranty Bancshares, Inc.: </strong>First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, a Louisiana state-chartered bank. Founded in 1934, First Guaranty Bank offers a wide range of financial services and focuses on building client relationships and providing exceptional customer service. First Guaranty Bank currently operates thirty locations throughout Louisiana, Texas, Kentucky and West Virginia. First Guaranty’s common stock trades on the NASDAQ under the symbol FGBI. For more information, visit <a href="https://www.globenewswire.com/Tracker?data=-g9UrszvLnEj91ZCj7-E_corruPMo8a03zHt5hjPFATi4yHb6pNdKii_OuVX2eOnOmWkUlrEbCHun2jQ5D97kQ==" rel="nofollow" target="_blank">www.fgb.net</a>.</p>  <p align="justify"><strong>Forward Looking Statements: </strong>This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact which represent our current judgement about possible future events. We believe these judgements are reasonable, but these statements are not guarantees of any future events or financial results, and our actual results may differ materially due to a variety of factors, many of which are described in our most recent Annual Report on Form 10-K and our other filings with the U.S. Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or otherwise revise any forward-looking statements.</p>  <p><strong>CONTACT: ERIC DOSCH, CFO</strong></p>  <p><strong>985.375.0308</strong></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc5OTQ2MyM3NzQ3MDA1IzIxODE0ODE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YzhmODRjNmQtOTM5OC00ZjVlLThiZGQtOGM0MDRjOTFkMWM4LTExOTMwNTAtMjAyNi0wNy0yOC1lbg==/tiny/First-Guaranty-Bank.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/c6653a01-22e7-4fef-84ea-bc9d4d2965c7"><img src="https://ml.globenewswire.com/media/c6653a01-22e7-4fef-84ea-bc9d4d2965c7/small/fgb-bancshares-logo-png.png" border="0" width="150" height="44" alt="Primary Logo"></img></a></p>

First Guaranty Bancshares posted Q2 2026 earnings of $3.4 million (EPS $0.17), up from Q1. Nonaccrual loans declined by $19 million to $40.6 million, and total capital ratio surpassed 16% at 6/30/2026. Management reiterated plans to reduce balance-sheet risk and diversify lending, a combination that could support valuation if the trend continues.

News insight

First Guaranty Bancshares, Inc. Reports Second Quarter 2026 Net Income of $3.4 Million, and Earnings Per Share of $0.17

AI summary

Sentiment rationale

Key facts

Earnings