MOUNT PLEASANT, Texas--(BUSINESS WIRE)--Guaranty Bancshares, Inc. (NASDAQ: GNTY), the holding company of Guaranty Bank & Trust, N.A., announced today that it has completed the previously announced initial public offering of 2,000,000 shares of its common stock at $27.00 per share. Guaranty’s common stock began trading on the NASDAQ Global Select Market on May 9, 2017 under the ticker symbol “GNTY.”
On May 10, 2017, the underwriters exercised in full their option to purchase an additional 300,000 shares of Guaranty’s common stock at the public offering price less the underwriting discount.
Sandler O’Neill + Partners, L.P. served as sole book-running manager for the offering, and Stephens Inc. served as co-manager.
About Guaranty Bancshares
Guaranty is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Guaranty Bank & Trust, N.A. As one of the oldest regional community banks in Texas, Guaranty Bank & Trust provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management products and services that are tailored to meet the needs of small and medium-sized businesses, professionals, and individuals. Guaranty Bank & Trust has 26 banking locations across 18 Texas communities located within the East Texas, Dallas/Fort Worth metroplex and Bryan/College Station markets of Texas. As of December 31, 2016, Guaranty had total assets of $1.8 billion, total loans of $1.2 billion and total deposits of $1.6 billion. Visit www.gnty.com for more information.