Investors favored small- and medium-capitalization US bank stocks following the third-quarter 2025 earnings season. Sixteen banks, 15 of which had market caps of less than $3.5 billion at Nov. 28, posted double-digit percentage gains.
First Guaranty Bancshares on Friday said it has swung to a third-quarter loss, as the lender booked an impairment charge and increased reserves for bad loans linked to an auto parts manufacturer bankruptcy.
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