Guaranty Bancshares ( (GNTY) ) has released its Q1 earnings. Here is a breakdown of the information Guaranty Bancshares presented to its investors.
Guaranty Bancshares, Inc., the parent company of Guaranty Bank & Trust, N.A., operates in the financial sector, providing banking services across 26 Texas communities with a focus on stability and growth. In the first quarter of 2025, Guaranty Bancshares reported a net income of $8.6 million, or $0.76 per basic share, reflecting a decrease from the previous quarter but an increase compared to the same period last year. The company’s net interest margin improved to 3.70%, driven by a decrease in deposit costs and stable asset yields, while noninterest income saw a decline due to reduced gains on loan sales and mortgage fees. Key highlights include strong asset quality with nonperforming assets at 0.15% of total assets, and a stable core deposit base with a slight increase in total deposits. The company also repurchased shares and increased its quarterly dividend, maintaining healthy capital and liquidity ratios. Looking ahead, Guaranty Bancshares remains optimistic about its financial projections despite market volatility, with plans to continue enhancing shareholder value and maintaining strong asset quality.