Guaranty Bancshares Earnings Reports

The company delivered strong Q2 2025 results with net income of $10M and improved profitability, supported by higher net interest income, stable loan and deposit growth, and robust asset quality metrics.

Guaranty Bancshares delivered solid earnings for Q1 2025, driven by rising net interest margin and stable deposit growth. Asset quality remained strong, and capital and liquidity levels were healthy. The company also increased its dividend and repurchased shares during the quarter.

Guaranty Bancshares, Inc. reported a net income available to common shareholders of $10.0 million, or $0.88 per basic share, for the quarter ended December 31, 2024. The increase in earnings during the fourth quarter of 2024 compared to the fourth quarter of 2023 was primarily due to a $2.4 million increase in net interest income, a $930,000 increase in noninterest income, and a decrease in noninterest expense of $1.5 million.

Guaranty Bancshares, Inc. reported a net income available to common shareholders of $7.4 million, or $0.65 per basic share, for the quarter ended September 30, 2024. The increase in earnings was primarily due to an increase in net interest income and a reverse provision for credit losses.

Guaranty Bancshares, Inc. reported a net income available to common shareholders of $7.4 million, or $0.65 per basic share, for the quarter ended June 30, 2024. The increase in earnings during the second quarter of 2024 compared to the first quarter of 2024 was primarily due to the $1.2 million reversal of the provision for credit losses during the second quarter. The decrease in earnings in the second quarter of 2024 compared to the second quarter of 2023 was primarily due to a decrease in noninterest income in the current quarter compared to the prior year quarter.

Guaranty Bancshares, Inc. reported a net income available to common shareholders of $6.7 million, or $0.58 per basic share, for the quarter ended March 31, 2024. The increase in earnings during the first quarter of 2024 compared to the fourth quarter of 2023 was primarily due to higher non-interest income and lower non-interest expense.

Guaranty Bancshares, Inc. reported a net income available to common shareholders of $5.9 million, or $0.51 per basic share, for Q4 2023. The decrease in earnings compared to the previous quarter was primarily due to fluctuations in general operating expenses, while the decrease compared to the same quarter of the prior year was mainly due to lower net interest income.

Guaranty Bancshares, Inc. reported a net income available to common shareholders of $6.3 million, or $0.54 per basic share, for the quarter ended September 30, 2023. The company's performance was considered adequate despite economic and industry headwinds, with a strong balance sheet and stable core deposit base.

Guaranty Bancshares, Inc. reported a net income available to common shareholders of $9.6 million, or $0.82 per basic share, for the quarter ended June 30, 2023. The increase in earnings compared to the previous quarter was primarily due to a one-time gain on the sale of nonmarketable correspondent bank stock of $2.8 million.

Guaranty Bancshares reported a net income of $8.3 million, or $0.69 per basic share, for the quarter ended March 31, 2023. The increase in earnings compared to the previous quarter was primarily due to no provision for credit losses in the first quarter of 2023. The company's balance sheet remains strong, with a moderate level of unrealized losses and strong liquidity.

Guaranty Bancshares reported a net income of $8.0 million for Q4 2022, which included a $2.8 million provision for credit losses. Loan growth was strong, increasing by $112.1 million during the quarter, while deposits decreased by $109.4 million. The company's net earnings for the year ended December 31, 2022, were $40.4 million.

Guaranty Bancshares, Inc. reported a net income available to common shareholders of $10.9 million, or $0.92 per basic share, for the quarter ended September 30, 2022. The increase in earnings was primarily due to higher interest income, partially offset by a provision for credit losses, lower non-interest income, and higher non-interest expense. Loan growth remained strong, and the net interest margin continued to improve.

Guaranty Bancshares, Inc. reported a net income available to common shareholders of $10.8 million, or $0.90 per basic share, for the quarter ended June 30, 2022. The increase in earnings was primarily due to improved net interest margin, but offset by lower non-interest income and higher non-interest expense.

Guaranty Bancshares, Inc. reported net income available to common shareholders of $10.7 million, or $0.89 per basic share, for the quarter ended March 31, 2022. The increase in earnings during the first quarter of 2022, compared to the fourth quarter of 2021, was primarily due to a reverse provision for credit losses of $1.25 million during the first quarter of 2022.

Guaranty Bancshares, Inc. reported net income available to common shareholders of $9.2 million, or $0.76 per basic share, for the quarter ended December 31, 2021. The company experienced solid net earnings and core earnings, maintained a producing loan pipeline, and exhibited strong credit quality.

Guaranty Bancshares, Inc. reported a net income of $9.3 million, or $0.77 per basic share, for the quarter ended September 30, 2021. Loan growth, excluding PPP loans, was 7.5% during the third quarter and 9.8% year-to-date. Non-performing assets remained low, and all borrowers who received COVID-related deferrals are back on contractual payment schedules.

Guaranty Bancshares reported a net income available to common shareholders of $10.4 million, or $0.87 per basic share, for the quarter ended June 30, 2021. The company experienced a decrease in earnings compared to the previous quarter, primarily due to lower origination fee income from PPP loans, which was partially offset by a reverse provision for credit losses of $1.0 million. The company's non-performing assets as a percentage of total assets remained low at 0.13%.

Guaranty Bancshares reported a strong first quarter with net income of $11.0 million, up from $6.3 million in the same quarter of 2020. The increase was partly due to PPP loan forgiveness and origination fees, decreases in interest expense, and decreases in non-interest expense.

Guaranty Bancshares reported net income available to common shareholders of $9.9 million, or $0.90 per basic share, for the quarter ended December 31, 2020, compared to $7.4 million, or $0.64 per basic share, for the quarter ended December 31, 2019. The increase in earnings was largely due to the forgiveness and amortization of PPP loans, increased non-interest income, and decreases in interest expense relative to interest income.

Guaranty Bancshares reported a strong third quarter, with net income available to common shareholders of $10.1 million, or $0.92 per basic share. The increase in earnings was largely due to a significant decline in loan loss provision, increased non-interest income, and decreases in interest expense relative to interest income.

Guaranty Bancshares, Inc. reported net income available to common shareholders of $1.1 million, or $0.10 per basic share, for the quarter ended June 30, 2020. Earnings were impacted by a large provision for loan loss reserves due to COVID-19, partially offset by loan origination fees from the SBA's Paycheck Protection Program (PPP).

Guaranty Bancshares, Inc. reported a solid first quarter in 2020 with net income available to common shareholders of $6.3 million, or $0.55 per basic share. The company is focusing on supporting employees and customers impacted by COVID-19, participating in the Paycheck Protection Program, and contributing to charities.

Guaranty Bancshares, Inc. reported net income available to common shareholders of $7.4 million, or $0.64 per basic share, for the quarter ended December 31, 2019, compared to $6.5 million, or $0.55 per basic share, for the quarter ended December 31, 2018. The increase in net earnings was primarily attributable to an increase in net interest income and an increase in noninterest income, partially offset by an increase in noninterest expense and income tax provision.