First Guaranty Bancshares, Inc.Announces Ten Percent Stock Dividend
Hammond, Louisiana, November 15, 2021 – Continuing its proven track record of improving shareholder value, First Guaranty Bancshares, Inc., Hammond, Louisiana, on November 15, 2021, declared a 10% stock dividend payable on December 17, 2021, with a record date of December 15, 2021. Over the years consistently high profits have enabled First Guaranty to declare and issue 10% stock dividends in February 2012, December 2015, December 2017, December 2019 and, currently, December 2021.
As the book value has always been recovered within 14 to 17 months, the shareholders of First Guaranty Bancshares, Inc. have enjoyed increased value through both the original dividend income over the time period and the overall increase in market value. In addition to the 10% dividends in 2012, 2015, 2017, 2019 and 2021, First Guaranty Bancshares, Inc. paid 113 consecutive quarterly cash dividends.
Thank you for your continued support.
Alton B. Lewis
President and CEO
First Guarantee, Bancshares, Inc.
About the first warranty
First Guaranty, a Louisiana-based company, has approximately $ 2.8 billion in assets as of September 30, 2021 and provides personalized commercial banking services through 34 banking establishments located in Louisiana and Texas. For more information, visit www.fgb.net.
Certain statements contained in this document are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may be identified by reference to one or more periods. future, or by the use of forward-looking terminology, such as “may”, “will”, “believe”, “expect”, “estimate”, “anticipate”, “continue”, or similar terms or variations on these terms, or the negative of these terms. Forward-looking statements are subject to numerous risks and uncertainties, as described in our documents filed with the SEC, including, but not limited to, those relating to the real estate and economic environment, particularly in the areas of market in which First Guaranty operates, competitive products and prices. , U.S. government fiscal and monetary policies, changes in government regulations affecting financial institutions, including regulatory fees and capital requirements, changes in prevailing interest rates, acquisitions and integration of acquired businesses, credit risk management, asset-liability management, the and securities markets and the availability and costs associated with sources of liquidity.
First Guaranty wishes to caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date they are posted. First Guaranty wishes to inform readers that the factors listed above could affect the financial performance of First Guaranty and could cause First Guaranty’s actual results for future periods to differ materially from the opinions or statements expressed regarding future periods in the future. current statements. First Guaranty does not undertake and specifically disclaims any obligation to publish the results of any revisions, which may be made to forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated events. or unforeseen.
First Bancshares Guarantee Inc. published this content on November 15, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 15, 2021 14:54:07 PM UTC.