First Guaranty Bancshares, Inc. Added to Russell 2000 Index
12 Julho 2022 - 10:30AM
First Guaranty Bancshares, Inc., holding company of First Guaranty
Bank, the Best Small Bank in Louisiana and the U.S., announces that
is has been added to the Russell 2000 index at the conclusion of
the 2022 Russell indexes annual reconstitution.
Annual reconstitution of the Russell indexes
captures the 4,000 largest U.S. stocks as of May 6, 2022, ranking
them by total market capitalization. Membership in the Russell
3000® Index, which remains in place for one year, means automatic
inclusion in the large-cap Russell 1000®Index or small-cap Russell
2000® Index as well as the appropriate growth and value style
indexes. FTSE Russell determines membership for its Russell indexes
primarily by objective, market-capitalization rankings and style
attributes.
“We are thrilled to once again be added to the
Russell 2000 Index,” said Alton Lewis, President and CEO of First
Guaranty Bank.
“This addition is a testament to our continued
growth and philosophy of improving every single day.”
Russell indexes are widely used by investment
managers and institutional investors for index funds and as
benchmarks for active investment strategies. Approximately $10.6
trillion in assets are benchmarked against Russell’s U.S. indexes.
Russell indexes are part of FTSE Russell, a leading global index
provider.
For more information on the Russell 3000® Index
and the Russell indexes reconstitution, go to the “Russell
Reconstitution” section on the FTSE Russell website.
About First Guaranty Bancshares,
Inc.First Guaranty Bancshares, Inc. is the holding company
for First Guaranty Bank, a Louisiana state-chartered bank. Founded
in 1934, First Guaranty Bank offers a wide range of financial
services and focuses on building client relationships and providing
exceptional customer service. First Guaranty Bank currently
operates thirty-six locations throughout Louisiana, Texas, Kentucky
and West Virginia. First Guaranty’s common stock trades on the
NASDAQ under the symbol FGBI. For more information, visit
www.fgb.net.
About FTSE RussellFTSE Russell
is a global index leader that provides innovative benchmarking,
analytics and data solutions for investors worldwide. FTSE Russell
calculates thousands of indexes that measure and benchmark markets
and asset classes in more than 70 countries, covering 98% of the
investable market globally.
FTSE Russell index expertise and products are
used extensively by institutional and retail investors globally.
Approximately $17.9 trillion is currently benchmarked to FTSE
Russell indexes. For over 30 years, leading asset owners, asset
managers, ETF providers and investment banks have chosen FTSE
Russell indexes to benchmark their investment performance and
create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE
Russell index design and management: a transparent rules-based
methodology is informed by independent committees of leading market
participants. FTSE Russell is focused on applying the highest
industry standards in index design and governance and embraces the
IOSCO Principles. FTSE Russell is also focused on index innovation
and customer partnerships as it seeks to enhance the breadth, depth
and reach of its offering.
FTSE Russell is wholly owned by London Stock
Exchange Group.
For more information, visit
www.ftserussell.com.
CONTACT:Alton Lewis, CEO/(985)
375-0350Eric Dosch, CFO/(985) 375-0308
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