Guaranty Bancshares merges with Glacier Bancorp, delists from NYSE

Guaranty Bancshares Inc. (NYSE:GNTY), which has delivered an impressive 49.17% year-to-date return and maintained dividend payments for 9 consecutive years, completed its merger with Glacier Bancorp Inc. (NASDAQ:GBCI) on Wednesday, with Glacier Bancorp surviving as the combined entity, according to a statement filed with the Securities and Exchange Commission. According to InvestingPro, GNTY demonstrated strong financial health with a GOOD overall score before the merger, suggesting a solid foundation for this strategic move.

Under the terms of the agreement, each outstanding share of Guaranty Bancshares common stock was converted into the right to receive one share of Glacier Bancorp common stock. Outstanding restricted stock under the Guaranty Bancshares 2015 Equity Incentive Plan automatically vested and was settled through the issuance of unrestricted shares, which were also exchanged for Glacier Bancorp shares at the same ratio. In addition, outstanding options to purchase Guaranty Bancshares shares became fully vested and were converted into options to purchase Glacier Bancorp shares, with adjustments to the number of shares and exercise price as outlined in the merger agreement. For detailed analysis of this merger’s impact and access to comprehensive financial metrics, visit InvestingPro, where you’ll find expert insights and the full Pro Research Report covering both companies.

Immediately after the merger, Guaranty Bank & Trust, N.A., a subsidiary of Guaranty Bancshares, merged with Glacier Bancorp’s subsidiary, Glacier Bank, with Glacier Bank continuing as a wholly owned subsidiary of Glacier Bancorp.

On Tuesday, Guaranty Bancshares notified the New York Stock Exchange that trading in its common stock would be halted before the market opened on Wednesday and requested withdrawal of its listing. Glacier Bancorp, as the successor by merger, intends to file with the SEC to deregister Guaranty Bancshares’ shares and suspend related reporting obligations.

Effective with the merger, the directors and executive officers of Guaranty Bancshares ceased serving in their roles. The separate corporate existence of Guaranty Bancshares ended, and the articles of incorporation and bylaws of Glacier Bancorp remain in effect for the combined company.

Guaranty Bancshares also terminated its loan agreement with Frost Bank on Tuesday. At the time of termination, there were no outstanding borrowings under the unsecured revolving line of credit.

This article is based on a press release statement filed with the Securities and Exchange Commission.

In other recent news, Guaranty Bancshares, Inc. has declared a special cash dividend of $2.30 per share of common stock. This dividend is set to be paid on September 23, 2025, to shareholders who are on record as of September 19, 2025. The announcement of this special dividend is linked to Guaranty Bancshares’ upcoming merger with Glacier Bancorp, Inc. This merger has already received approval from Guaranty shareholders during a special meeting. The merger is anticipated to be finalized on October 1, 2025, pending the fulfillment of remaining conditions as outlined in the merger agreement. These developments mark significant financial and strategic steps for Guaranty Bancshares.

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