Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 201 South Jefferson Avenue MOUNT PLEASANT TX 75455 |
Tel: | N/A |
Website: | https://www.gnty.com |
IR: | See website |
Key People | ||
Tyson T. Abston Chairman of the Board, Chief Executive Officer | Kirk L. Lee President, Director | Shalene A. Jacobson Chief Financial Officer, Executive Vice President, Chief Risk Officer, Principal Financial Officer and Principal Accounting Officer | Sondra Cunningham Company Secretary, Director |
Business Overview |
Guaranty Bancshares, Inc. is a bank holding company of Guaranty Bank & Trust, N.A. (the Bank). The Bank provides a range of relationship-driven commercial and consumer banking, as well as trust and wealth management products and services that are tailored to meet the needs of small- and medium-sized businesses, professionals and individuals. Its lending activities provide a range of loans, including commercial lines of credit, working capital loans, commercial real estate-backed loans, term loans, equipment financing, acquisition, expansion and development loans, borrowing base loans, real estate construction loans, homebuilder loans, letters of credit and other loan products. It also offers various consumer loans to individuals and professionals, including residential real estate loans, home equity loans, installment loans, unsecured and secured personal lines of credit, and standby letters of credit. The Bank operates 33 full-service banking locations. |
Financial Overview |
For the three months ended 31 March 2024, Guaranty Bancshares, Inc. interest income increased 10% to $40.8M. Net interest income after loan loss provision decreased 5% to $23.8M. Net income decreased 19% to $6.7M. Net interest income after loan loss provision reflects International distributor revenues segment decrease from $25.2M to $0K. Net income also reflects Other Operating Expenses - Balancing val increase of 19% to $3.1M (expense). |
Employees: | 488 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $367.44M as of Mar 31, 2024 |
Annual revenue (TTM): | $160.10M as of Mar 31, 2024 |
EBITDA (TTM): | $49.35M as of Mar 31, 2024 |
Net annual income (TTM): | $28.44M as of Mar 31, 2024 |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | $41.01M as of Mar 31, 2024 |
Shares outstanding: | 11,534,960 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |