Guaranty Bancorp (GBNK) Reports Q2 EPS of $0.36; to Acquire Castle Rock Bank Holding

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Go back to Guaranty Bancorp (GBNK) Reports Q2 EPS of $0.36; to Acquire Castle Rock Bank Holding

Guaranty Bancorp announces second consecutive quarter of record net income and the signing of a definitive agreement to acquire Castle Rock Bank Holding Company

July 19, 2017 4:10 PM EDT

DENVER, CO -- (Marketwired) -- 07/19/17 --

Increased quarterly net income by $4.4 million, or 78.1%, compared to the second quarter 2016Expanded quarterly return on average assets to 1.19%, compared to 0.97% in the second quarter 2016Continued improvement in quarterly efficiency ratio to 53.77%, compared to 59.08% in the second quarter 2016Reduced the nonperforming asset to total asset ratio to 0.14%, compared to 0.58% in the second quarter 2016

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