HAMMOND, La. (AP) _ First Guaranty Banchshares Inc. (FGBI) on Monday reported second-quarter profit of $6.4 million.
The Hammond, Louisiana-based bank said it had earnings of 64 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.
The bank holding company posted revenue of $30.6 million in the period. Its revenue net of interest expense was $25 million, also beating Street forecasts.
First Guaranty Bancshares shares have increased nearly 9% since the beginning of the year. The stock has climbed 58% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FGBI at https://www.zacks.com/ap/FGBI