Financial Statements

First Guaranty Bancshares, Inc. (FGBI)

$29.51

+0.72 (+2.50%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 57435344-
Net Income 2720141412
Stock Dividends -20--19038
Dividend Paid -8-6-6-6-5
Retained Earnings 5757435344

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 60564038-
Annual Depreciation 11029545
Capital Expenditure -2-6-12-4-7
Net PPE 5960564038

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -331313
New Purchases -548-309-274-1,078-553
Intangible and Goodwill 33131313

First Guaranty Bancshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes First Guaranty Bancshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.