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The bank was founded in Hammond, Louisiana in 1934 as Guaranty Bank & Trust Company. [2] In 1971, the bank was renamed First Guaranty Bank. [2] In 1999, the bank acquired 13 branches from Bank One. [3] In 2007, the company acquired Homestead Bancorp, Inc. for $13 million in cash. [4] [5] It also acquired Douglass National Bank of Kansas City. [6]
First Nationwide Bank California Federal Bank: California Federal Bank: $1.2 billion, 1st Nationwide rebranded as "Cal Fed." Citibank: 1998 NationsBank Corp. Barnett Banks, Inc. NationsBank Corp. Bank of America: 1998 First Union Corporation: CoreStates Financial Corp. Including predecessor Bank of North America, the first bank in the United States
In 1992, Guaranty Bank & Trust acquired the First National Bank of Deport, with branches in both Deport, Texas and Paris, Texas. [22] [32] The company purchased a commercial bank in Bogata, Texas in 1993. [22] Talco State Bank, chartered in 1912, merged with Guaranty Bank & Trust in 1997. [22] [33]
On May 22, First Guaranty Bank in Hammond, Louisiana, filed a complaint in U.S. District Court for the Western District of Louisiana in Shreveport, alleging that Larmore and 11 companies under the ...
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For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Guaranty Trust Bank undertook its second share offering in 2004 and raised over ₦11 billion from Nigerian Investors to expand its operations. On 26 July 2007, GTBank became the very first Subsaharan bank and first Nigerian joint stock company to be listed on London Stock Exchange and Deutsche Börse. The IPO raised US$750,000,000. [9]
First Guaranty Bancshares Inc (NASDAQ:FGBI) generated a below-average return on equity of 8.16% in the past 12 months, while its industry returned 8.19%. FGBI’s results could indicate a ...
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