Guaranty Bancshares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 15, 2024 at 12:00 pm
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Guaranty Bancshares, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net interest income was USD 23.59 million compared to USD 25.16 million a year ago. Net income was USD 6.69 million compared to USD 8.28 million a year ago.
Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.69 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to USD 0.69 a year ago.
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.