Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Guaranty Bancshares (NYSE: GNTY) declared a quarterly cash dividend of $0.23 per share on March 8, 2023, representing a 4.5% increase from the previous $0.22 dividend. This dividend will be paid on April 12, 2023, to stockholders of record as of March 27, 2023. As of December 31, 2022, the company reported total assets of $3.4 billion, total loans of $2.4 billion, and total deposits of $2.7 billion.

Positive

• Quarterly cash dividend increased by 4.5%
• Total assets of $3.4 billion as of December 31, 2022
• Total loans of $2.4 billion indicating strong lending capability
• Total deposits of $2.7 billion reflecting customer confidence

Negative

• None.

ADDISON, Texas--(BUSINESS WIRE)-- The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend on March 8, 2023, in the amount of $0.23 per share of common stock. The approved cash dividend represents a 4.5% increase from the $0.22 per share quarterly cash dividend paid during 2022 and will be paid on April 12, 2023, to stockholders of record as of the close of business on March 27, 2023.

About Guaranty Bancshares

Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. and 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/20230309005206/en/

Cappy Payne

Senior Executive Vice President & CFO

Guaranty Bancshares, Inc.

(888) 572-9881

investors@gnty.com

Source: Guaranty Bancshares, Inc.

FAQ

What is the GNTY dividend amount for 2023?

The GNTY dividend amount for 2023 is $0.23 per share.

When will the GNTY dividend be paid?

The GNTY dividend will be paid on April 12, 2023.

What was the increase in GNTY's dividend compared to 2022?

GNTY's dividend increased by 4.5% from $0.22 in 2022 to $0.23 in 2023.

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

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