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KALISPELL, Mont. - Glacier Bancorp, Inc. (NYSE:GBCI) announced Wednesday it has completed its acquisition of Guaranty Bancshares, Inc. (NYSE:GNTY), the holding company for Guaranty Bank & Trust, N.A.
The transaction establishes a new division called Guaranty Bank & Trust, Division of Glacier Bank, which will operate through 33 banking locations across 26 Texas communities. These locations span the East Texas, Dallas/Fort Worth, Houston, Bryan/College Station and Austin markets.
As of June 30, 2025, Guaranty had total assets of $3.1 billion, total loans of $2.1 billion and total deposits of $2.7 billion.
The acquisition expands Glacier Bancorp’s presence into Texas, adding to its existing network of bank divisions operating across several western states including Utah, Colorado, Idaho, Montana, Wyoming, Nevada, Arizona and Washington.
Glacier Bancorp, headquartered in Kalispell, Montana, serves as the parent company for Glacier Bank and its various banking divisions throughout the western United States.
The company made the announcement in a press release statement but did not disclose financial terms of the transaction.
In other recent news, Guaranty Bancshares Inc. has completed its merger with Glacier Bancorp Inc., resulting in Glacier Bancorp as the surviving entity. This merger, which was finalized on Wednesday, led to each outstanding share of Guaranty Bancshares being converted into a share of Glacier Bancorp. Additionally, restricted stock from Guaranty Bancshares’ 2015 Equity Incentive Plan vested automatically and was exchanged for unrestricted Glacier Bancorp shares. Outstanding options to purchase Guaranty Bancshares shares were also converted into options for Glacier Bancorp shares, with adjustments made as per the merger agreement. Prior to the merger, Guaranty Bancshares declared a special cash dividend of $2.30 per share, which will be paid on September 23, 2025, to shareholders of record as of September 19, 2025. This special dividend was connected to the merger, which was approved by Guaranty shareholders at a special meeting. The merger was initially expected to close on October 1, 2025, pending the fulfillment of remaining conditions.
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