Guaranty Bancshares, Inc. Announces Transfer of Listing of Common Stock Shares To the New York Stock Exchange

Rhea-AI Summary

Guaranty Bancshares, Inc. (NASDAQ: GNTY) announced the transfer of its voting common stock listing from Nasdaq to the New York Stock Exchange (NYSE), effective March 7, 2023. The transfer aims to enhance visibility and market presence, allowing the company to leverage the NYSE platform. Guaranty Bancshares operates Guaranty Bank & Trust, with a strong footprint in Texas, boasting total assets of $3.4 billion, total loans of $2.4 billion, and total deposits of $2.7 billion as of December 31, 2022. CEO Ty Abston expressed enthusiasm for joining the NYSE, aligning the company with prestigious peers, while NYSE Vice Chair John Tuttle welcomed them for their customer-centric approach.

Positive

• Transfer to NYSE is expected to enhance visibility and credibility.
• Aligning with prestigious companies may attract more investors.

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• None.

ADDISON, Texas--(BUSINESS WIRE)-- Guaranty Bancshares, Inc. (NASDAQ: GNTY; the “Company”), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), announced today that it is transferring the listing of its voting common stock to the New York Stock Exchange (NYSE) from The Nasdaq Stock Market LLC (Nasdaq) and will continue to be traded under the ticker symbol ‘GNTY’. Guaranty Bancshares voting common stock is expected to begin trading on the NYSE on Tuesday, March 7, 2023. The Company expects its voting common stock to continue to trade on Nasdaq until the close of market on March 6, 2023.

Ty Abston, Chairman and CEO of Guaranty Bancshares, Inc. stated “we are excited to join the NYSE alongside many of the world’s most prestigious and well regarded companies as well as many of our Texas-based public company peers. We believe that the NYSE is the right partner for Guaranty and will allow us to leverage the highly visible NYSE platform and market model as we continue to build long-term value for all of our stakeholders.”

"We’re thrilled to welcome Guaranty Bancshares to the New York Stock Exchange,” said John Tuttle, Vice Chair, NYSE Group. “A Texas-based community bank that emphasizes customer relationships, Guaranty will feel right at home in our community of the world’s greatest companies.”

About Guaranty Bancshares

Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. Guaranty Bank & Trust has 32 banking locations across 26 Texas communities located within the East Texas, Dallas/Fort Worth, Houston and Central Texas regions of the state. As of December 31, 2022, Guaranty Bancshares, Inc. had total assets of $3.4 billion, total loans of $2.4 billion and total deposits of $2.7 billion. Visit www.gnty.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230222006022/en/

Cappy Payne

Senior Executive Vice President & Company CFO

Guaranty Bancshares, Inc.

(888) 572-9881

investors@gnty.com

Source: Guaranty Bancshares, Inc.

FAQ

When will GNTY begin trading on the NYSE?

Guaranty Bancshares' stock is expected to begin trading on the NYSE on March 7, 2023.

What is the ticker symbol for Guaranty Bancshares on the NYSE?

The ticker symbol for Guaranty Bancshares on the NYSE will remain 'GNTY'.

What was Guaranty Bancshares' total assets as of December 31, 2022?

As of December 31, 2022, Guaranty Bancshares had total assets of $3.4 billion.

Which areas does Guaranty Bank & Trust serve?

Guaranty Bank & Trust operates 32 locations across East Texas, Dallas/Fort Worth, Houston, and Central Texas.