First Guaranty Bancshares, Inc. (FGBI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 13, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 25.41% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
16M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

FGBI currently has 15.8M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 25.41% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 13, 2026

10-Q filing | 15.8M shares outstanding

16M 0
Nov 17, 2025

10-Q filing | 15.1M shares outstanding

15M 0
Aug 18, 2025

10-Q filing | 15.1M shares outstanding

15M 0
Jul 07, 2025

8-K filing: First Guaranty Bancshares, Inc. issued an aggregate of 2,201,448 shares of its common stock pursuant to a private placement, an Exchange Agreement, a Promissory Note Amendment, and a Subordinated Note Amendment. ($1.06M proceeds)

13M 0
Jun 18, 2025

8-K filing: First Guaranty Bancshares, Inc. entered into an Exchange Agreement with Edgar Ray Smith, III, to exchange a Subordinated Note for 1,981,506 shares of newly issued common stock of the Company.

13M 0
May 12, 2025

10-Q filing | 12.5M shares outstanding

13M 0
Mar 17, 2025

10-K filing | 12.5M shares outstanding

13M 0
Nov 12, 2024

10-Q filing | 12.5M shares outstanding

13M 0
Aug 09, 2024

10-Q filing | 12.5M shares outstanding

13M 0
May 10, 2024

10-Q filing | 12.5M shares outstanding

12M 0
Mar 15, 2024

10-K filing | 12.5M shares outstanding

13M 0
Dec 26, 2023

8-K filing: First Guaranty Bancshares, Inc. completed a private placement of 1,000,000 shares of its common stock for aggregate offering proceeds of $10,000,000 on December 19, 2023. ($10.0M proceeds)

11M 0
Nov 09, 2023

10-Q filing | 11.4M shares outstanding

11M 0
Aug 09, 2023

10-Q filing | 10.9M shares outstanding

11M 0
May 24, 2023

8-K filing: First Guaranty Bancshares, Inc. sold 714,286 shares of its common stock at $14.00 per share for an aggregate purchase price of $10 million on May 23, 2023. ($10.0M proceeds)

11M 0
May 10, 2023

10-Q filing | 10.7M shares outstanding

11M 0
Mar 16, 2023

10-K filing | 10.7M shares outstanding

11M 0
Nov 09, 2022

10-Q filing | 10.7M shares outstanding

11M 0
Aug 09, 2022

10-Q filing | 10.7M shares outstanding

11M 0
May 10, 2022

10-Q filing | 10.7M shares outstanding

11M 0
May 02, 2022

S-3 filing: First Guaranty Bancshares, Inc. is offering up to $50 million of various securities including debt securities, common stock, preferred stock, depositary shares, purchase contracts, and subscription rights.

11M 0
Mar 16, 2022

10-K filing | 10.7M shares outstanding

11M 0
Dec 17, 2021
Stock Split

8-K filing: Stock split | Outstanding: 9,741,253 → 10,715,378

11M 0
Nov 09, 2021

10-Q filing | 9.7M shares outstanding

9.7M 0
Aug 09, 2021

10-Q filing | 9.7M shares outstanding

9.7M 0
May 10, 2021

10-Q filing | 9.7M shares outstanding

9.7M 0
Mar 16, 2021

10-K filing | 9.7M shares outstanding

9.7M 0
Nov 09, 2020

10-Q filing | 9.7M shares outstanding

9.7M 0
Sep 30, 2020

S-3 filing: This S-3 filing describes a potential at-the-market offering of common stock through underwriters or agents, with terms to be detailed in a future prospectus supplement.

9.7M 0
Aug 10, 2020

10-Q filing | 9.7M shares outstanding

9.7M 0
May 11, 2020

10-Q filing | 9.7M shares outstanding

9.7M 0
Mar 16, 2020

10-K filing | 9.7M shares outstanding

9.7M 0
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