|Bid||0.00 x 800|
|Ask||0.00 x 2200|
|Day's Range||20.52 - 21.50|
|52 Week Range||18.78 - 35.20|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||11.98|
|Earnings Date||Jan 24, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.50|
Independent Bank Group, Inc. (IBTX), the holding company for Independent Bank, and Guaranty Bancorp (GBNK), the holding company for Guaranty Bank and Trust Company, today jointly announced that they will proceed with the closing of the merger of Guaranty Bancorp with and into Independent Bank Group on the terms previously announced. The merger is expected to be completed on January 1, 2019. As previously disclosed, upon completion of the merger, Guaranty Bancorp stockholders will receive 0.45 shares of Independent Bank Group stock in exchange for each share of Guaranty Bancorp stock held immediately prior to the merger. Independent Bank Group, through its wholly owned subsidiary, Independent Bank, provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals.
There have been more bank mergers and acquisitions in Colorado this year than at any time since 2013, according to data provided by GLC Advisors & Co., an investment banking advisory firm, as of press deadline. Fewer Colorado-based community banks results in less competition and choices for banking customers,” said Adam Fiedor, managing director at GLC Advisors & Co. “However, this also creates an opportunity for remaining community banks to attracted consumer and business clients that desire local decision-making.” There have been six bank merger transactions announced so far this year. On March 28, a group of private investors announced they intended to buy Colorado National Bank.
Independent Bank Group, Inc. (IBTX), the holding company for Independent Bank, today announced that it has received all regulatory approvals necessary to complete its merger with Guaranty Bancorp (GBNK) by January 1, 2019. Independent Bank Group, through its wholly owned subsidiary, Independent Bank, provides a wide range of relation- ship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Independent Bank Group operates in four market regions located in the Dallas/Ft. Worth, Austin, and Houston, Texas and the Colorado Front Range areas.
Guaranty Bancorp (GBNK) delivered earnings and revenue surprises of 6.25% and -0.61%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The bank, based in Denver, said it had earnings of 51 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings ...
Guaranty Bancorp (GBNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Have you been keeping an eye on Guaranty Bancorp’s (NASDAQ:GBNK) upcoming dividend of US$0.16 per share payable on the 31 August 2018? Then you only have 2 days left beforeRead More...
Guaranty Bancorp’s (NASDAQ:GBNK) profitability and risk are largely affected by the underlying economic growth for the region it operates in US given it is a small-cap stock with a marketRead More...
NEW YORK , Aug. 7, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City ...
Strong fundamentals and an improving economy are expected to continue driving People's Utah Bancorp (PUB) stock in the quarters ahead.