According to Zacks, “GUARANTY BANCORP is a bank holding company with one wholly owned bank subsidiary, Guaranty Bank and Trust Company. Guaranty Bank and Trust Company provides banking and other financial services, including real estate, construction, commercial and industrial, energy, consumer and agriculture loans, to consumers and small and medium-sized businesses, including the owners and employees of those businesses, through 36 community banking branches in the Colorado Front Range. Guaranty Bank also provides trust services, including personal trust administration, estate settlement, investment management accounts and self-directed IRAs. “
Shares of Guaranty Bancorp (NASDAQ:GBNK) opened at 17.77 on Monday. The stock has a 50 day moving average of $17.95 and a 200 day moving average of $16.69. Guaranty Bancorp has a 52-week low of $13.92 and a 52-week high of $18.88. The stock has a market capitalization of $377.58 million, a PE ratio of 16.45 and a beta of 0.80.
Guaranty Bancorp (NASDAQ:GBNK) last released its quarterly earnings data on Wednesday, July 20th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.02. Guaranty Bancorp had a net margin of 22.44% and a return on equity of 10.48%. Analysts forecast that Guaranty Bancorp will post $1.15 earnings per share for the current year.
In other news, Director W Kirk Wycoff sold 57,627 shares of Guaranty Bancorp stock in a transaction that occurred on Friday, September 2nd. The shares were sold at an average price of $18.07, for a total transaction of $1,041,319.89. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 31.93% of the company’s stock.
Large investors have recently made changes to their positions in the company. LSV Asset Management acquired a new stake in shares of Guaranty Bancorp during the second quarter valued at $121,000. BlackRock Advisors LLC boosted its stake in shares of Guaranty Bancorp by 2.4% in the second quarter. BlackRock Advisors LLC now owns 7,533 shares of the financial services provider’s stock valued at $126,000 after buying an additional 173 shares in the last quarter. Spark Investment Management LLC acquired a new stake in shares of Guaranty Bancorp during the second quarter valued at $207,000. Mesirow Financial Investment Management Equity Management acquired a new stake in shares of Guaranty Bancorp during the second quarter valued at $261,000. Finally, Teachers Advisors Inc. boosted its stake in shares of Guaranty Bancorp by 9.0% in the second quarter. Teachers Advisors Inc. now owns 22,413 shares of the financial services provider’s stock valued at $374,000 after buying an additional 1,860 shares in the last quarter. Institutional investors own 85.84% of the company’s stock.
Guaranty Bancorp Company Profile
Guaranty Bancorp is the bank holding for Guaranty Bank and Trust Company (the Bank). The Company’s segment is banking. The Company operates approximately 30 branches and over two investment management firms, including Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc (CHIA), in Colorado through the Bank.
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