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Guaranty Bancshares Inc (GNTY) maintains its position as a trusted Texas financial institution through conservative banking practices and relationship-focused services. This news hub provides investors and stakeholders with essential updates about the company's financial performance, strategic initiatives, and market position.
Access timely information including quarterly earnings reports, regulatory filings, leadership announcements, and service expansions. Our curated collection helps users track GNTY's commercial banking developments, wealth management innovations, and community engagement efforts while maintaining perspective on its 110-year operational history.
Key content categories include interest rate impacts on loan portfolios, trust service enhancements, and regulatory compliance updates. Bookmark this page for direct access to press releases about branch network expansions, digital banking improvements, and financial health indicators relevant to regional banking sector analysis.
Guaranty Bancshares, Inc. reported financial results for Q3 2024. Key highlights include:
- Net income of $7.4 million, or $0.65 per basic share
- Return on average assets of 0.96% and return on average equity of 9.58%
- Net interest margin improved to 3.33%, up 31 basis points year-over-year
- Total deposits increased by $42.8 million to $2.67 billion
- Nonperforming assets were 0.66% of total assets
- Repurchased 59,996 shares at an average price of $30.65
- Total equity increased to $319.3 million
The company reported stable earnings and improved net interest margin, while maintaining solid capital and liquidity positions. Credit quality remained strong with low past-dues and charge-offs.
Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., has announced its schedule for the third quarter 2024 earnings release and conference call. The earnings press release will be issued on Monday, October 21, 2024, at 6:00 a.m. CT, followed by a conference call at 10:00 a.m. CT on the same day.
The call will be hosted by Ty Abston, Chairman of the Board and CEO, and Shalene Jacobson, EVP and CFO. Attendees must register in advance at www.gnty.com/earningscall. Conference materials will be available on the company's Investor Relations webpage. A recording of the call will be accessible by 1:00 p.m. CT on the day of the call and will remain available through October 31, 2024.
Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., has announced a quarterly cash dividend of $0.24 per share of common stock. The dividend is set to be paid on October 9, 2024, to stockholders of record as of the close of business on September 30, 2024. This decision was made by the company's Board of Directors, demonstrating their commitment to providing regular returns to shareholders. The announcement reflects GNTY's financial stability and confidence in its ongoing performance.
Guaranty Bancshares (NYSE: GNTY) reported Q2 2024 financial results. Net income for common shareholders was $7.4 million, or $0.65 per share, up from $6.7 million or $0.58 per share in Q1 2024, but down from $9.6 million or $0.82 per share in Q2 2023. Return on average assets and equity were 0.95% and 9.91%, respectively. Net interest margin improved to 3.26% from 3.16% in Q1 2024.
The company saw a reverse provision for credit losses of $1.2 million. However, noninterest income decreased by $3.3 million YoY due to a one-time gain in 2023 and a $900,000 valuation allowance. Nonperforming assets increased to 0.71% of total assets.
Total deposits were stable, slightly decreasing by $1.7 million. Total assets decreased to $3.08 billion. The efficiency ratio was 72.34%. The bank repurchased 138,427 shares at an average price of $29.56 per share.
Guaranty Bancshares (NYSE: GNTY) has announced its second quarter 2024 earnings release and conference call schedule. The financial results will be disclosed on Monday, July 15, 2024, at 6:00 a.m. CT, followed by a conference call at 10:00 a.m. CT hosted by Chairman and CEO Ty Abston, and EVP and CFO Shalene Jacobson. Interested parties can register for the call at www.gnty.com/earningscall, where related materials will also be available. A recording of the call will be accessible from 1:00 p.m. CT on July 15 through July 31, 2024, via the company's Investor Relations page.
Guaranty Bancshares, the parent company of Guaranty Bank & Trust, announced a quarterly cash dividend of $0.24 per share.
Shareholders of record by June 24, 2024, will receive payments on July 10, 2024.
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