8-K: First Guaranty Bancshares Declares Preferred Stock Dividend

First Guaranty Bancshares, Inc. announced a quarterly distribution of $0.421875 per depositary share for its 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock.

Summary

• First Guaranty Bancshares, Inc. (FGBI) announced a quarterly distribution for its depositary shares and Series A Preferred Stock.
• Holders of record of depositary shares as of November 15, 2025, will receive a quarterly distribution of $0.421875 per depositary share.
• This distribution results from a $16.875 per share quarterly cash dividend declared for the 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock.
• The dividend will be paid on December 1, 2025, to the depositary for the Series A Preferred Stock, which will then distribute it to depositary share holders.

Sentiment

Score: 7

Explanation: The declaration of a regular quarterly dividend for preferred stock is a positive signal for preferred shareholders and indicates routine financial operations, with no new negative information presented.

Positives

• The declaration of a regular quarterly dividend for the 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock demonstrates the company's commitment to its preferred shareholders and indicates stable financial operations.

Future Outlook

The filing indicates the upcoming payment of a declared quarterly dividend for preferred stock, reflecting a continuation of regular distributions for these securities.

Management Comments

• The Board of Directors of First Guaranty Bancshares, Inc. announced the declaration of a quarterly distribution for its depositary shares and Series A Preferred Stock.

Industry Context

The declaration of a fixed-rate preferred stock dividend is a routine financial event for banks and financial institutions that have issued such securities, signaling ongoing operational stability and adherence to capital structure commitments.

Comparison to Industry Standards

• The 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock yield is within the typical range for preferred stock issued by regional banks, comparable to offerings from institutions like Hancock Whitney Corporation or Trustmark Corporation, which also issue preferred shares to diversify their capital base and attract income-focused investors.

Stakeholder Impact

• Shareholders holding Depositary Shares or Series A Preferred Stock will receive a cash distribution, providing a predictable income stream.

Next Steps

• Payment of the quarterly distribution to depositary share holders on December 1, 2025.

Key Dates

Keywords

First Guaranty Bancshares, FGBI, dividend, preferred stock, depositary shares, financial services, banking, quarterly distribution