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FGBIP.PFD (First Guaranty Bancshares) 6-1 Month Momentum % : 19.51% (As of Dec. 15, 2024)


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What is First Guaranty Bancshares 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-12-15), First Guaranty Bancshares's 6-1 Month Momentum % is 19.51%.

The industry rank for First Guaranty Bancshares's 6-1 Month Momentum % or its related term are showing as below:

FGBIP.PFD's 6-1 Month Momentum % is ranked better than
65.36% of 1611 companies
in the Banks industry
Industry Median: 9.62 vs FGBIP.PFD: 19.51

Competitive Comparison of First Guaranty Bancshares's 6-1 Month Momentum %

For the Banks - Regional subindustry, First Guaranty Bancshares's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Guaranty Bancshares's 6-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Guaranty Bancshares's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where First Guaranty Bancshares's 6-1 Month Momentum % falls into.



First Guaranty Bancshares  (NAS:FGBIP.PFD) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Guaranty Bancshares  (NAS:FGBIP.PFD) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


First Guaranty Bancshares 6-1 Month Momentum % Related Terms

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First Guaranty Bancshares Business Description

Traded in Other Exchanges
Address
400 East Thomas Street, Hammond, LA, USA, 70401
First Guaranty Bancshares Inc provides personalized commercial banking services to its customers in Louisiana, through several banking facilities. The principal business activity of the company includes attracting deposits and investing it together with funds generated from operations and borrowings insecurities and in lending activities to serve the credit needs of its customer base. The company offers commercial real estate loans, commercial and industrial loans, construction and land development loans, agricultural and farmland loans, and to a lesser extent, consumer and multifamily loans.
Executives
Vanessa R Drew director 400 EAST THOMAS STREET, HAMMOND LA 70401
Amanda Wood Barnett officer: General Counsel 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Jack Rossi director 400 EAST THOMAS STREET, HAMMOND LA 70401
Smith & Hood Holding Company, Llc 10 percent owner 11239 HIGHWAY 16, AMITE LA 70422
Smith & Hood Investments, Llc 10 percent owner P.O. BOX 367, AMITE LA 70422
Smith Edgar R. Iii director 400 EAST THOMAS STREET, HAMMOND LA 70401
Marshall T Reynolds director, 10 percent owner, officer: Chairman of the Board 2450 FIRST AVENUE, HUNTINGTON WV 25704
Glenda Baskin Glover director 911 E. WINDING CREEK DRIVE, SUITE 150, EAGLE ID 83616
Gary A Simanson director 717 KING STREET, ALEXANDRIA VA 22314
Lewis Alton B Jr officer: Chief Executive Officer 400 EAST THOMAS STREET, HAMMOND LA 70401
Michael R. Sharp officer: President and CLO 400 EAST THOMAS STREET, HAMMOND LA 70401
William K Hood director 400 EAST THOMAS STREET, HAMMOND LA 70401
Eric Dosch officer: SVP and CFO 2450 FIRST AVENUE, HUNTINGTON WV 25703
Michele E. Lobianco officer: Chief Financial Officer 400 EAST THOMAS STREET, HAMMOND LA 70401
Loy F. Weaver officer: Executive Vice President 400 EAST THOMAS STREET, HAMMOND LA 70401

First Guaranty Bancshares Headlines

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