Guaranty Bancshares, Inc. (GNTY): History, Ownership, Mission, How It Works & Makes Money

Given the dramatic shift in the regional banking landscape, are you truly clear on the current valuation and structure of Guaranty Bancshares, Inc. (GNTY), especially after its recent major corporate action? This Texas-based institution, which reported 2025 Q2 net income of $10.0 million and held $3.1 billion in total assets as of June 30, 2025, is a key player in the Southwest, but its story changed fundamentally on October 1, 2025, when it merged with Glacier Bancorp, Inc.. Understanding the full history, the institutional ownership-including major holders like BlackRock, Inc. and Vanguard Group Inc.-and how it generates revenue is defintely crucial now that it operates as Guaranty Bank & Trust, Division of Glacier Bank. Let's look past the old ticker to see what drives this newly structured entity.

Guaranty Bancshares, Inc. (GNTY) History

You're looking for the story behind Guaranty Bancshares, Inc., and honestly, it's a classic Texas tale of a small community bank growing into a regional powerhouse before its recent acquisition. The direct takeaway is this: the company's roots trace back over a century to a single Texas bank, but its modern, publicly-traded form was defined by a strategic 2017 IPO and culminated in a major merger in late 2025.

Given Company's Founding Timeline

The foundation of the current holding company structure, Guaranty Bancshares, Inc., is its banking subsidiary, Guaranty Bank & Trust, N.A., which began over 110 years ago as a state-chartered institution.

Year established

The original bank, The Guaranty State Bank, was chartered on January 13, 1913.

Original location

The bank started in Mount Pleasant, Texas, a community focus that remains a core part of the culture today.

Founding team members

The first known leader was E. L. Lilienstern, who served as President of The Guaranty State Bank for over three decades, from 1913 until 1945.

Initial capital/funding

While the exact initial capital isn't public, the bank quickly established a solid footing: by July 1930, its deposits totaled $454,870, showing early financial scale even through the Great Depression.

Given Company's Evolution Milestones

The company's trajectory shows a clear pivot from a local bank to a growth-oriented, publicly-traded entity, culminating in the 2025 merger.

Given Company's Transformative Moments

The company's most profound shifts came from two strategic choices: prioritizing an acquisition-led expansion into Texas's major metropolitan areas and, ultimately, the decision to sell at peak valuation.

The period leading up to the 2025 merger was defintely the most active in recent history. The company was in a strong position, reporting 2025 Q1 Net Income of $8.6 million and Earnings Per Share (EPS) of $0.76 per basic share. This financial health made the merger a sale from a position of strength.

• The Texas Expansion Play: Starting in 2013, the company aggressively expanded its footprint beyond East Texas with a mix of de novo (new branch) openings and targeted acquisitions. This strategy put them in Bryan/College Station, Fort Worth, and Houston, moving total assets to $3.1 billion by June 30, 2025.
• The 2025 Strategic Exit: The merger with Glacier Bancorp, Inc. was announced in June 2025 and closed on October 1, 2025, for an acquisition amount of $476 million. This provided a significant return to shareholders, who also received a special cash dividend of $2.30 per share just before closing.
• The Focus on Human Capital: Management consistently emphasized a culture of employee ownership and relationship-driven community banking, which helped drive organic growth alongside acquisitions. They even formalized this in a book called "The Guaranty Culture." Here's the quick math: a strong culture helps keep experienced lenders, which directly impacts loan growth-total loans stood at $2.1 billion as of June 30, 2025.

If you want to dig deeper into the company's financial standing right before the merger, you should read Breaking Down Guaranty Bancshares, Inc. (GNTY) Financial Health: Key Insights for Investors. Your next step should be to analyze how Glacier Bancorp, Inc. plans to integrate the $2.7 billion in deposits Guaranty Bancshares brought to the table.

Guaranty Bancshares, Inc. (GNTY) Ownership Structure

As of November 2025, Guaranty Bancshares, Inc. (GNTY) is no longer an independent, publicly traded company; it was acquired by Glacier Bancorp, Inc. (GBCI) on October 1, 2025, meaning its ownership structure has effectively been converted into shares of the acquiring entity.

Given Company's Current Status

Guaranty Bancshares, Inc. completed an all-stock merger with Glacier Bancorp, Inc. on October 1, 2025, which means the GNTY stock was delisted from the New York Stock Exchange (NYSE) and the company ceased to exist as a separate public holding company.

The former bank subsidiary, Guaranty Bank & Trust, N.A., now operates as a regional division of the acquiring company's bank, named Guaranty Bank & Trust, Division of Glacier Bank.

The acquisition was valued at approximately $476.2 million and was an all-stock deal, converting each outstanding share of GNTY common stock into one share of Glacier Bancorp, Inc. common stock.

This strategic move expanded Glacier Bancorp, Inc.'s footprint into the high-growth Texas market, adding Guaranty's 33 banking locations across 26 Texas communities.

Given Company's Ownership Breakdown

To understand the stakeholders who drove the merger decision, we must look at the final ownership structure of Guaranty Bancshares, Inc. immediately prior to the October 2025 acquisition. At that time, institutional investors held the largest block of shares, a typical structure for a publicly listed regional bank holding company.

Here's the quick math: Institutional ownership was around 39.39%, leaving the majority of shares in the hands of insiders and the general public who ultimately voted to approve the merger in September 2025.

Given Company's Leadership

The leadership team that steered Guaranty Bancshares, Inc. through the merger and into its new structure as a division of Glacier Bancorp, Inc. was headed by its long-serving CEO. The transition is designed to maintain local decision-making and operational continuity in Texas.

• Tyson Todd Abston: Served as the Chairman of the Board and Chief Executive Officer (CEO) of Guaranty Bancshares, Inc., leading the company into the strategic merger with Glacier Bancorp, Inc.
• Kirk L. Lee: The former President and Vice Chairman of Guaranty Bancshares, Inc. now holds the key post-merger role of Vice Chairman & Chief Credit Officer for the Guaranty Bank & Trust, Division of Glacier Bank.
• Shalene A. Jacobson: The former Senior Executive Vice President and Chief Financial Officer (CFO) of Guaranty Bancshares, Inc., a critical role in managing the company's $3.1 billion in total assets as of June 30, 2025.

This leadership structure ensures that the local expertise and community focus that defined the former Guaranty Bancshares, Inc. are defintely carried forward under the new parent company. You can find more details on the bank's operational philosophy here: Mission Statement, Vision, & Core Values of Guaranty Bancshares, Inc. (GNTY).

Guaranty Bancshares, Inc. (GNTY) Mission and Values

Guaranty Bancshares, Inc., through its subsidiary Guaranty Bank & Trust, N.A., grounds its operations in a dual commitment: improving the financial health of its customers and shareholders while acting as a force for positive change in the communities it serves. This cultural DNA is now part of a larger organization, following the merger with Glacier Bancorp, Inc. on October 1, 2025, but the core Texas-centric values remain key to its strategy.

Guaranty Bancshares' Core Purpose

The company's purpose goes beyond the balance sheet, focusing on long-term, sustainable value for all stakeholders. For example, the bank reported a net income of $8.6 million in Q1 2025, which shows a strong financial base for its community-focused work.

Official Mission Statement

The formal mission is a clear directive to prioritize people and ethics over short-term gains, which is defintely a smart long-term play for a regional bank. It's simple, but it covers all the bases: stakeholders, ethics, and community impact.

• Continually improve the financial well-being of our customers and shareholders.
• Commit to doing the right thing every time.
• Make a positive difference in people's lives.

This commitment is backed by a conservative approach, as seen in the Q1 2025 net interest margin (NIM) improving to 3.7%, supported by careful asset repricing.

Vision Statement

While Guaranty Bancshares, Inc. doesn't publish a single-sentence vision statement, its long-term aspirations center on empowering the Texas communities it serves across 33 banking locations. This is a community bank, so its vision is mapped to the success of its local economy. The vision is built on several core values that drive daily decisions:

• Deliver Raving Fans service to customers and co-workers.
• Always think like an owner, which aligns employee incentives with shareholder value.
• Foster financial literacy to promote financial well-being and economic growth within the community.

You can see this focus in the financials; as of December 31, 2024, the bank held $2.7 billion in deposits, showing strong local trust and a granular, resilient deposit base. If you want to dig deeper into the ownership structure and market sentiment around this, check out Exploring Guaranty Bancshares, Inc. (GNTY) Investor Profile: Who's Buying and Why?

Guaranty Bancshares' Slogan/Tagline

The company's tagline is a great one-liner that summarizes its entire approach to growth, both for the bank and its clients.

• Growing Because We Help You Grow®.

This isn't just a marketing line; it's the business model. The company's resilience, even with the recent acquisition, is tied to its local strength, which included $2.1 billion in total loans as of late 2024. Plus, they increased the quarterly dividend to $0.25 per share in Q1 2025, a clear sign of confidence in their ability to deliver growth for shareholders.

Guaranty Bancshares, Inc. (GNTY) How It Works

Guaranty Bancshares, Inc., through its subsidiary, Guaranty Bank & Trust, N.A., operates as a relationship-driven community bank, primarily generating revenue by taking deposits from local customers and lending those funds back out to businesses and individuals in Texas. As of October 1, 2025, the company was acquired by Glacier Bancorp, Inc. (GBCI), and its bank subsidiary now functions as the Guaranty Bank & Trust, Division of Glacier Bank, maintaining its regional focus and community banking model.

Given Company's Product/Service Portfolio

The bank's core function is to mediate capital flow within its regional markets, offering a comprehensive suite of financial products tailored to the Texas economy. This strategy resulted in a second quarter 2025 net interest income of approximately $27.7 million before the acquisition.

Given Company's Operational Framework

The operational framework is centered on a decentralized, community-focused banking model that drives value through efficient asset-liability management (ALM) and robust credit underwriting. The bank's ability to maintain a strong net interest margin (NIM) of 3.71% in Q2 2025 shows this model is working.

• Core Deposit Sourcing: Focus on gathering low-cost, stable deposits from local communities to fund loan growth, reducing reliance on volatile wholesale funding. Total deposits reached approximately $2.70 billion as of March 31, 2025.
• Credit Underwriting: Employs a disciplined, localized approach to lending, which is why nonperforming assets to total assets remained low at only 0.33% in the second quarter of 2025.
• Efficiency Management: Strives for operational efficiency, with an efficiency ratio of 66.78% in Q1 2025, meaning it costs about 67 cents to generate one dollar of revenue.
• Capital Allocation: Systematically manages its securities portfolio and uses excess capital for shareholder value initiatives, like repurchasing 127,537 shares of common stock in Q1 2025 at an average price of $40.56 per share.

Here's the quick math: The return on average assets was a healthy 1.28% in Q2 2025, which is a key measure of how effectively the bank uses its assets to generate profit.

Given Company's Strategic Advantages

The bank's success, which made it an attractive acquisition target for Glacier Bancorp, Inc., stems from its deep roots in high-growth Texas markets and its commitment to a traditional, relationship-based banking style. This is a powerful, defintely sticky business model.

• Texas Market Exposure: Operates in high-growth areas like Dallas/Fort Worth and greater Houston, benefiting from the underlying economic strength and population influx in Texas.
• Community Bank Model: Local decision-making and personalized service foster strong, long-term customer relationships that are difficult for larger national banks to replicate. Exploring Guaranty Bancshares, Inc. (GNTY) Investor Profile: Who's Buying and Why?
• Asset Quality and Capital Strength: Historically strong credit quality and high capital levels provide a buffer against economic downturns and support consistent dividend payments. The company reported a Q2 2025 return on average equity of 12.19%.
• Stable Funding Base: The granular and consistent core deposit base, with a low percentage of uninsured deposits, provides a reliable and low-cost source of funding for lending activities.

Guaranty Bancshares, Inc. (GNTY) How It Makes Money

Guaranty Bancshares, Inc. (GNTY) primarily makes money through traditional relationship-based banking, generating the vast majority of its revenue from the interest earned on its loan and investment portfolios, a metric known as net interest income. Its secondary revenue stream comes from noninterest income, which includes service charges, fees, and other banking-related activities.

Guaranty Bancshares, Inc.'s Revenue Breakdown

For the first quarter of 2025, the company's revenue profile clearly shows its reliance on the core banking function of lending and investing. Here is the breakdown based on the Q1 2025 total revenue of approximately $31.76 million.

Net Interest Income (NII) before the provision for credit losses rose to $27.7 million in Q2 2025, a 3.5% increase from Q1 2025, showing a solid upward trajectory in core lending profitability. The noninterest income stream also grew, but the Q2 2025 increase was significantly bolstered by a $1.0 million restitution payment from a lawsuit settlement, a one-time event that artificially inflated the quarter's 20.9% year-over-year growth. You need to look past that one-off to see the true underlying fee growth.

Business Economics

The financial engine of Guaranty Bancshares is its Net Interest Margin (NIM), which essentially measures the difference between the interest it earns on assets (loans and securities) and the interest it pays on liabilities (deposits and borrowings). In Q2 2025, the fully taxable equivalent NIM was a healthy 3.71%, demonstrating effective interest rate management. This is the quick math that drives their profitability.

• Pricing Strategy (NIM): The NIM improvement is driven by a combination of higher yields on interest-earning assets and a decrease in the cost of interest-bearing deposits, a critical factor in a fluctuating rate environment.
• Loan Portfolio Granularity: The bank maintains a highly granular loan portfolio, with 10,850 total active loans and an average loan balance of $193,059 as of June 30, 2025. This focus on smaller, diverse loans helps mitigate concentration risk. Total gross loans stood at $2.14 billion at the end of Q2 2025.
• Cost of Funds Advantage: A key competitive advantage is the bank's deposit mix, where non-interest-bearing deposits-money held in checking accounts that costs the bank nothing-represented 31.3% of total deposits in Q1 2025. This high percentage keeps the overall cost of funding its loan book low.
• Asset Quality: Risk management is strong, with nonperforming assets (loans not generating income) to total assets at a low 0.33% as of June 30, 2025.

The company's strategy is built on relationship banking in the strong Texas economy, which you can read more about in their Mission Statement, Vision, & Core Values of Guaranty Bancshares, Inc. (GNTY).

Guaranty Bancshares, Inc.'s Financial Performance

The financial performance in the first half of 2025 shows a solid, improving trend, driven by the expansion of the net interest margin. The second quarter results, which are the most recent, indicate strong profitability and asset quality.

• Net Income and EPS: Net income available to common shareholders for Q2 2025 was $10.0 million, translating to basic earnings per share (EPS) of $0.88. This is a notable increase from the $8.6 million, or $0.76 EPS, reported in the first quarter of 2025.
• Return on Assets (ROAA): The ROAA, a measure of how efficiently the company uses its assets to generate profit, was 1.28% for Q2 2025. This is a defintely healthy figure for a regional bank.
• Return on Equity (ROAE): The ROAE, which measures the return generated on shareholders' investment, stood at 12.19% in Q2 2025. This shows management is generating strong returns on the capital base.
• Efficiency Ratio: The efficiency ratio, which measures noninterest expense as a percentage of total revenue, was 66.78% in Q1 2025. While this is a bit high, it reflects the cost structure of a community bank focused on personalized service and branch presence.

Total assets reached $3.14 billion and total deposits were $2.71 billion as of June 30, 2025, indicating stable balance sheet growth. The bank also maintains a high level of liquidity, with total available contingent liquidity at $1.3 billion.

Guaranty Bancshares, Inc. (GNTY) Market Position & Future Outlook

Guaranty Bancshares, Inc.'s market position fundamentally shifted on October 1, 2025, when its acquisition by Glacier Bancorp, Inc. (GBCI) was completed. The company, now operating as Guaranty Bank & Trust, Division of Glacier Bank, transitions from an independent, publicly-traded regional bank with $3.2 billion in assets to a key, autonomous division within a much larger, multi-state holding company.

This move immediately positions the former GNTY to accelerate its growth strategy in the robust Texas economy, leveraging GBCI's significantly larger $30 billion balance sheet and enhanced technological resources, which is defintely a game-changer.

Competitive Landscape

Prior to the acquisition, Guaranty Bancshares, Inc. was a strong community-focused player in its core Texas markets (East Texas, Dallas/Fort Worth, Houston, and Austin), but its statewide market share was small compared to the large regional and national banks. The competitive landscape below reflects its position just before the merger, using deposit market share as the key metric.

Opportunities & Challenges

The future outlook for Guaranty Bank & Trust is now inextricably linked to the success of its integration into Glacier Bancorp, Inc. The opportunities are centered on leveraging the parent company's scale to capture more market share in Texas, while the risks involve the inherent complexities of merging systems and cultures.

Industry Position

As of November 2025, Guaranty Bank & Trust is no longer a standalone regional bank but the new Texas beachhead for Glacier Bancorp, Inc. This strategic positioning is crucial.

• New Scale and Stability: The bank gains the stability of a larger parent, which is vital in a volatile regional banking environment. Its Q1 2025 net income of $8.6 million and strong net interest margin of 3.70% provide a healthy foundation for the new division.
• Texas Growth Vehicle: Glacier Bancorp, Inc. views the Texas market, with its $2.7 trillion economy, as a key driver for future growth. Guaranty Bank & Trust, with its 33 locations across 26 Texas communities, is now the primary vehicle for that expansion.
• Community Autonomy Model: The bank retains its local brand identity and management team, a core part of GBCI's divisional model. This structure aims to combine the local, relationship-focused service that gave GNTY its competitive edge with the financial strength of a larger entity.

If you want a deeper dive into the former company's fundamentals, you should check out Breaking Down Guaranty Bancshares, Inc. (GNTY) Financial Health: Key Insights for Investors. Looking ahead, the focus shifts to how effectively the local team can leverage the new resources to capture larger commercial and industrial (C&I) loans and expand its customer base in the Dallas/Fort Worth and Houston markets.