Guaranty Bancshares, Inc. (GNTY) Tops Q1 EPS by 21c

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Guaranty Bancshares, Inc. Reports First Quarter 2022 Financial Results

April 18, 2022 7:00 AM EDT

ADDISON, Texas--(BUSINESS WIRE)-- Guaranty Bancshares, Inc. (NASDAQ: GNTY) (the "Company"), the parent company of Guaranty Bank & Trust, N.A. (the "Bank"), today reported financial results for the fiscal quarter ended March 31, 2022. The Company's net income available to common shareholders was $10.7 million, or $0.89 per basic share, for the quarter ended March 31, 2022, compared to $9.2 million, or $0.76 per basic share, for the quarter ended December 31, 2021 and $11.0 million, or $0.91 per basic share, for the quarter ended March 31, 2021. Return on average assets and average equity for the first quarter of 2022 were 1.38% and 14.45%, respectively, compared to 1.20% and 12.06%, respectively,... More