First Guaranty Bancshares (NASDAQ:FGBIP) Trading 0.4% Higher – Should You Buy?

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP)’s share price were up 0.4% during mid-day trading on Wednesday . The company traded as high as $17.90 and last traded at $17.9750. Approximately 587 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 3,262 shares. The stock had previously closed at $17.90.

First Guaranty Bancshares Trading Up 0.4%

The firm’s fifty day moving average is $17.13 and its 200-day moving average is $17.28.

First Guaranty Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Sunday, February 15th were issued a dividend of $0.4219 per share. The ex-dividend date was Friday, February 13th. This represents a $1.69 annualized dividend and a dividend yield of 9.4%.

About First Guaranty Bancshares

First Guaranty Bancshares, Inc is a bank holding company headquartered in Hammond, Louisiana, operating through its wholly owned subsidiary, First Guaranty Bank. The company delivers a full suite of commercial banking products and services, including checking and savings accounts, certificates of deposit, and online banking tools. Its lending portfolio encompasses commercial and industrial loans, real estate financing, agriculture loans, and consumer credit, designed to meet the needs of businesses, municipalities, and individual customers in its core markets.

Established in 1934, First Guaranty Bancshares has expanded from a single community bank into a regional financial institution serving Southeast Louisiana and Southwest Mississippi.