Guaranty Bancshares, Inc. (N:GNTY)

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

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.