First Guaranty Bancshares (FGBI) Tax Rate (2010 - 2026)
First Guaranty Bancshares' Tax Rate was 21.02% in Q2 2026, down 1.95 percentage points from 22.97% a year earlier and down 1.56 percentage points from the prior quarter.
First Guaranty Bancshares (FGBI) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Guaranty Bancshares' Tax Rate was 15.80% through Jun 30, 2026, down 7.93 percentage points year-over-year; for FY2025, it came in at 18.29%, down 3.94 percentage points from FY2024.
- Tax Rate shows a five-year change of -2.15 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 22.23% in FY2024 (-0.27 pp), 22.50% in FY2023 (+1.88 pp), 20.63% in FY2022 (-0.15 pp) and 20.77% in FY2021 (+0.34 pp).
- Quarterly Tax Rate has moved between 13.53% (Q4 2024) and 23.36% (Q1 2023) over five years.
- Compared with a year earlier, Tax Rate was higher in two of the last eight quarters, with an average year-over-year change of -1.53 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2023 (a gain of 2.68 percentage points); the worst was Q3 2025 (a drop of 6.03 percentage points).
- Per Business Quant data, FGBI's Tax Rate in the three quarters before Q2 2026 was 22.58% (Q1 2026), 16.07% (Q4 2025) and 16.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | First Guaranty Bancshares | 141.19 Mn | 141.19 Mn | - | 21.02% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.02% |
| Mar 31, 2026 | 22.58% |
| Dec 31, 2025 | 16.07% |
| Dec 31, 2024 | 13.53% |
| Sep 30, 2024 | 22.70% |
| Jun 30, 2024 | 23.02% |
| Mar 31, 2024 | 22.77% |
| Dec 31, 2023 | 19.47% |
| Sep 30, 2023 | 23.32% |
| Jun 30, 2023 | 22.25% |
| Mar 31, 2023 | 23.36% |
| Dec 31, 2022 | 19.95% |
| Sep 30, 2022 | 20.82% |
| Jun 30, 2022 | 20.83% |
| Mar 31, 2022 | 20.68% |
| Dec 31, 2021 | 20.81% |
| Sep 30, 2021 | 20.81% |
| Jun 30, 2021 | 20.77% |
| Mar 31, 2021 | 20.67% |
| Dec 31, 2020 | 20.12% |
First Guaranty Bancshares Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FGBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FGBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FGBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();