In the press release from Guaranty Bancshares, Inc. (NYSE: GNTY), the company declared a special cash dividend of $2.30 per share of common stock to its shareholders. This special dividend will be paid on September 23, 2025, to shareholders of record as of September 19, 2025. This dividend is being paid in connection with a previously announced plan and agreement of merger with Glacier Bancorp, Inc. (GBCI) and its wholly owned subsidiary, Glacier Bank.
The company also announced the approval of the merger agreement at a special meeting of shareholders held on September 17, 2025. The merger is expected to occur on October 1, 2025, subject to the satisfaction or waiver of certain conditions as set forth in the merger agreement.
As of June 30, 2025, Guaranty Bancshares, Inc. reported total assets of $3.1 billion, total loans of $2.1 billion, and total deposits of $2.7 billion. These figures provide an insight into the company's financial position prior to the merger agreement.
The declaration of the special cash dividend and the approval of the merger agreement indicate significant developments for the company and its shareholders. The upcoming merger with GBCI and the associated special dividend payment align with the company's strategic initiatives and corporate actions. Today the company's shares have moved 6.34% to a price of $51.80. For more information, read the company's full 8-K submission here.
