8-K: Guaranty Bancshares, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call

Guaranty Bancshares, Inc. will release its second quarter 2024 financial results and host a conference call on July 15, 2024.

Summary

• Guaranty Bancshares, Inc., the parent company of Guaranty Bank & Trust, N.A., has announced the schedule for its second quarter 2024 earnings release and conference call.
• The earnings press release will be issued on Monday, July 15, 2024, at 6:00 a.m. Central Time.
• A conference call to discuss the results will be held on the same day at 10:00 a.m. Central Time.
• The conference call will be hosted by Ty Abston, Chairman of the Board and CEO, and Shalene Jacobson, EVP and CFO.
• Participants must register for the call in advance at www.gnty.com/earningscall.
• Conference materials will be available on the Investor Relations page of the company's website, www.gnty.com.
• A recording of the conference call will be available on the Investor Relations webpage by 1:00 p.m. CT on the day of the call and will remain available through July 31, 2024.
• As of March 31, 2024, Guaranty Bancshares, Inc. had total assets of $3.1 billion, total loans of $2.2 billion, and total deposits of $2.6 billion.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it is a routine announcement of an earnings release and conference call, which is expected for a public company. The information is clear and provides necessary details for investors.

Positives

• The company is providing clear communication regarding the release of its second quarter 2024 financial results.
• The company is making the conference call accessible to investors by providing a registration link and making materials available online.
• A recording of the conference call will be available for a period of time, allowing investors to review the discussion at their convenience.

Risks

• There are no specific risks mentioned in this announcement, but the financial results themselves could present risks depending on the performance of the company.

Future Outlook

The company will be discussing its second quarter 2024 financial results on the conference call, but no specific forward-looking statements are provided in this announcement.

Management Comments

• Ty Abston, Chairman of the Board and CEO, and Shalene Jacobson, EVP and CFO, will host the conference call.

Industry Context

This announcement is typical for publicly traded financial institutions, which regularly release quarterly earnings and host conference calls to discuss their performance with investors.

Comparison to Industry Standards

• The announcement of an earnings release and conference call is standard practice for publicly traded banks like Guaranty Bancshares.
• Comparable companies such as Texas Capital Bancshares (TCBI) and Prosperity Bancshares (PB) also follow similar schedules for earnings releases and investor calls.
• The asset, loan, and deposit figures are within the range of regional banks of similar size, but a detailed comparison would require the full quarterly results.

Stakeholder Impact

• Shareholders will be informed about the company's financial performance through the earnings release and conference call.
• Employees will likely be informed of the results through internal communications.
• Customers and suppliers may be indirectly impacted by the company's financial performance.

Next Steps

• Investors should register for the conference call at www.gnty.com/earningscall.
• Investors should review the earnings press release when it is issued on July 15, 2024, at 6:00 a.m. CT.
• Investors can access the conference call materials on the Investor Relations page of the company's website, www.gnty.com.
• Investors can listen to the recording of the conference call on the Investor Relations webpage after 1:00 p.m. CT on July 15, 2024.

Key Dates

Keywords

earnings, conference call, financial results, Guaranty Bancshares, GNTY, bank, investor relations