Latest news with #GuarantyBancshares
Yahoo
7 hours ago
- Business
- Yahoo
Glacier Bancorp to buy Guaranty Bancshares in $476m deal
Glacier Bancorp is set to significantly expand its footprint in the Southwest with the acquisition of Guaranty Bancshares, the bank holding company for Guaranty Bank & Trust. The all-stock transaction marks Glacier's 27th bank acquisition since 2000 and is expected to close in the fourth quarter of 2025. Guaranty has 33 banking locations across 26 Texas communities situated within the East Texas, Dallas/Fort Worth, Houston and Central Texas regions of the state. Guaranty's assets, loans, and deposits are valued at $3.2bn, $2.1bn, and $2.7bn respectively as of 31 March 2025. The boards of both Glacier and Guaranty have unanimously approved the transaction, which is now pending regulatory and shareholder approvals. Guaranty shareholders are slated to receive one share of Glacier stock for each Guaranty share they hold, valuing the transaction at approximately $476.2m based on Glacier's recent stock price. Once the acquisition is completed, Guaranty Bank & Trust will become a new division within Glacier Bank. Glacier Bancorp president and CEO Randy Chesler said: 'Guaranty fits strategically and culturally within the unique Glacier business model and will allow us to enter a complementary state with an exceptional demographic profile, strong growth prospects, and a business-friendly operating environment. "This acquisition continues our long history of consistently adding high quality community banks to our proven banking model and we are very enthusiastic about the future opportunities this partnership will provide." Guaranty Bancshares chairman and CEO Ty Abston said: 'This partnership gives Guaranty added strength, with the support of a larger balance sheet and the resources to invest in the latest technologies and products to serve our existing and future customers.' "Glacier Bancorp to buy Guaranty Bancshares in $476m deal" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Business Wire
16-06-2025
- Business
- Business Wire
Guaranty Bank & Trust Celebrates Buffy Dyess on Receiving the Prestigious 2025 Bank Compliance Leader Award
ADDISON, Texas--(BUSINESS WIRE)--Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., is proud to announce that Buffy Dyess, Senior Vice President – Chief Compliance Officer, has been honored with the prestigious 2025 Bank Compliance Leader Award for the Texas Region, presented by Compliance Alliance. This award recognizes Buffy's exceptional contributions as a compliance leader within the bank, as well as her significant impact on the community and the compliance industry. "We are incredibly proud of Buffy for this well-deserved recognition," said Robin Sharp, EVP, Chief Risk Officer at Guaranty Bank & Trust. "Her dedication to compliance and her unwavering commitment to excellence have set a benchmark in the industry. This award is a testament to her hard work and the positive impact she has made." Buffy joined Guaranty Bank & Trust in November 2012 as Senior Vice President – Chief Compliance Officer. She oversees the entire Compliance function, working closely with various officers and executives to ensure regulatory compliance. Buffy is highly respected for her commitment to personal growth, fostering team collaboration, and maintaining a culture of compliance. Her exceptional interpersonal skills and leadership have earned her admiration from colleagues and peers. About Guaranty Bancshares, Inc. Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. Guaranty Bank & Trust has 33 banking locations across 26 Texas communities located within the East Texas, Dallas/Fort Worth, Houston and Central Texas regions of the state. As of March 31, 2025, Guaranty Bancshares, Inc. had total assets of $3.2 billion, total loans of $2.1 billion and total deposits of $2.7 billion. Visit for more information.
Yahoo
08-05-2025
- Business
- Yahoo
Guaranty Bancshares First Quarter 2025 Earnings: Beats Expectations
Revenue: US$32.1m (up 10% from 1Q 2024). Net income: US$8.64m (up 29% from 1Q 2024). Profit margin: 27% (up from 23% in 1Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.76 (up from US$0.58 in 1Q 2024). We check all companies for important risks. See what we found for Guaranty Bancshares in our free report. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's share price is broadly unchanged from a week ago. Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Guaranty Bancshares' balance sheet and an in-depth analysis of the company's financial position. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
17-03-2025
- Business
- Yahoo
Guaranty Bancshares' (NYSE:GNTY) Dividend Will Be Increased To $0.25
The board of Guaranty Bancshares, Inc. (NYSE:GNTY) has announced that it will be increasing its dividend by 4.2% on the 9th of April to $0.25, up from last year's comparable payment of $0.24. Despite this raise, the dividend yield of 2.4% is only a modest boost to shareholder returns. Check out our latest analysis for Guaranty Bancshares Even a low dividend yield can be attractive if it is sustained for years on end. Having paid out dividends for 8 years, Guaranty Bancshares has a good history of paying out a part of its earnings to shareholders. Based on Guaranty Bancshares' last earnings report, the payout ratio is at a decent 35%, meaning that the company is able to pay out its dividend with a bit of room to spare. The next 3 years are set to see EPS grow by 26.0%. Analysts forecast the future payout ratio could be 32% over the same time horizon, which is a number we think the company can maintain. Guaranty Bancshares' dividend has been pretty stable for a little while now, but we will continue to be cautious until it has been demonstrated for a few more years. Since 2017, the annual payment back then was $0.473, compared to the most recent full-year payment of $0.96. This implies that the company grew its distributions at a yearly rate of about 9.3% over that duration. The dividend has been growing as a reasonable rate, which we like. However, investors will probably want to see a longer track record before they consider Guaranty Bancshares to be a consistent dividend paying stock. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. Guaranty Bancshares has impressed us by growing EPS at 6.2% per year over the past five years. Growth in EPS bodes well for the dividend, as does the low payout ratio that the company is currently reporting. In summary, it's great to see that the company can raise the dividend and keep it in a sustainable range. The dividend has been at reasonable levels historically, but that hasn't translated into a consistent payment. Taking all of this into consideration, the dividend looks viable moving forward, but investors should be mindful that the company has pushed the boundaries of sustainability in the past and may do so again. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. Companies that are growing earnings tend to be the best dividend stocks over the long term. See what the 3 analysts we track are forecasting for Guaranty Bancshares for free with public analyst estimates for the company. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
