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First Guaranty Bancshares Reports $45M Loss Amid Bank Strains

11/1/2025

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Summary

Story summary

First Guaranty Bancshares posted a $45 million loss in the third quarter due to higher loan loss reserves tied to a bankrupt auto parts maker.
Reserves jumped from $4.9 million to nearly $48 million, a $3.01 per-share loss.
The results reflect broader U.S. bank strains as Fifth Third and JPMorgan face similar bankruptcies.
Despite strong credit quality, investor anxiety rose and First Guaranty Bancshares’ stock fell over 42% this year.

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Story summary

First Guaranty Bancshares posted a $45 million loss in the third quarter due to higher loan loss reserves tied to a bankrupt auto parts maker.
Reserves jumped from $4.9 million to nearly $48 million, a $3.01 per-share loss.
The results reflect broader U.S. bank strains as Fifth Third and JPMorgan face similar bankruptcies.
Despite strong credit quality, investor anxiety rose and First Guaranty Bancshares’ stock fell over 42% this year.