Guaranty Bancshares, Inc. (NYSE: GNTY) has declared a special cash dividend of $2.30 per share of common stock. This special dividend will be paid on September 23, 2025, to shareholders of record as of September 19, 2025. The special dividend is related to the previously announced plan and agreement of merger with Glacier Bancorp, Inc. (GBCI) and its wholly owned subsidiary, Glacier Bank.
The company's shareholders approved the merger agreement at the special meeting held on September 17, 2025. The merger is expected to close on October 1, 2025, subject to the satisfaction or waiver of certain conditions set forth in the merger agreement.
As of June 30, 2025, Guaranty Bancshares, Inc. had total assets of $3.1 billion, total loans of $2.1 billion, and total deposits of $2.7 billion. These figures provide insight into the company's financial position leading up to the merger.
The announcement of the special cash dividend and the approval of the merger agreement reflect significant developments for Guaranty Bancshares, Inc. and its shareholders as the company moves forward with its strategic initiatives. Today the company's shares have moved 1.58% to a price of $48.71. If you want to know more, read the company's complete 8-K report here.