Gregory Prudhomme - First Guaranty Sr Louisiana

FGBIP Preferred Stock  USD 21.70  0.47  2.12%   

Insider

Gregory Prudhomme is Sr Louisiana of First Guaranty Bancshares
Phone985 345 7685
Webhttps://www.fgb.net

First Guaranty Management Efficiency

First Guaranty's management efficiency ratios could be used to measure how well First Guaranty manages its routine affairs as well as how well it operates its assets and liabilities.
First Guaranty Bancshares has accumulated 36.93 M in total debt. Debt can assist First Guaranty until it has trouble settling it off, either with new capital or with free cash flow. So, First Guaranty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Guaranty Bancshares sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Guaranty's use of debt, we should always consider it together with cash and equity.

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First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana. First Guaranty operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 463 people. First Guaranty Bancshares (FGBIP) is traded on NASDAQ Exchange in USA. It is located in 400 East Thomas Street, Hammond, LA, United States, 70401 and employs 6 people. First Guaranty is listed under Banking category by Fama And French industry classification.

Management Performance

First Guaranty Bancshares Leadership Team

Elected by the shareholders, the First Guaranty's board of directors comprises two types of representatives: First Guaranty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Guaranty's management team and ensure that shareholders' interests are well served. First Guaranty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Guaranty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Mineer, Mideast Pres
Eric Dosch, S Treasurer
Gregory Prudhomme, Sr Louisiana
Michael Cross, Chief Bank
Alton Lewis, Pres Chairman
Kevin Foster, Sr Springs

First Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is First Guaranty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with First Guaranty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Guaranty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Guaranty will appreciate offsetting losses from the drop in the long position's value.

Moving against First Preferred Stock

  0.48WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to First Guaranty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Guaranty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Guaranty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Guaranty Bancshares to buy it.
The correlation of First Guaranty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Guaranty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Guaranty Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Guaranty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for First Preferred Stock Analysis

When running First Guaranty's price analysis, check to measure First Guaranty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Guaranty is operating at the current time. Most of First Guaranty's value examination focuses on studying past and present price action to predict the probability of First Guaranty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Guaranty's price. Additionally, you may evaluate how the addition of First Guaranty to your portfolios can decrease your overall portfolio volatility.