First Guaranty Bancshares: Get 8.8% Yield On Preferred Shares
First Guaranty Bancshares, Inc. (NASDAQ:FGBI) is a small regional bank that has taken its share of hits related to the deposit struggles and higher interest rates facing its industry. Last year, I analyzed the bank and discussed why I would not be taking a position in either the common or preferred shares. After three quarters of new data, I revisited the bank's financials, and determined that the situation had improved enough to take a small position in the preferred shares, but I am still avoiding the Fir ...