Guaranty Bancshares to be Acquired by Glacier Bancorp

News Summary

Guaranty Bancshares, Inc. has entered an agreement to be acquired by Glacier Bancorp, Inc. The deal, valued at $476.2 million, will allow Glacier to expand its operations in Texas. Guaranty Bank & Trust will operate under Glacier’s network, becoming their 18th bank, and is expected to enhance customer service while maintaining local community focus. The acquisition, subject to approvals, marks Glacier’s 27th since 2000 and reflects its growth strategy in the Southwest U.S.

Jackson, Wyoming – Guaranty Bancshares, Inc. (GNTY) has officially entered into a definitive agreement to be acquired by Glacier Bancorp, Inc. in a strategic move that will expand Glacier’s operations into Texas. This acquisition is projected to finalize in the fourth quarter of 2025, pending shareholder and regulatory approvals.

As part of the acquisition, Guaranty Bank & Trust will integrate into Glacier Bancorp’s network, becoming the 18th bank in Glacier’s family and marking Glacier’s first establishment in the Texas banking sector. The terms dictate that Guaranty shareholders will receive Glacier stock in exchange for their shares, with the transaction estimated to be valued at $476.2 million based on Glacier’s closing stock price of $41.58 per share.

Once the deal is completed, Guaranty Bank & Trust will operate under the name “Guaranty Bank & Trust, Division of Glacier Bank.” The acquisition is expected to add approximately $3.2 billion in assets to Glacier’s financial portfolio, which stood at around $28.2 billion prior to this announcement. After the acquisition, Glacier’s assets could grow to about $32.7 billion.

This acquisition underscores Glacier’s continued growth strategy, representing their 27th acquisition since the year 2000, and the second completed transaction in 2025, following the acquisition of Bank of Idaho for $245.4 million.

Glacier’s CEO, Randy Chesler, emphasized the strategic importance of this acquisition, branding it a “compelling opportunity” for expansion into the Southwest United States. The company operates a community banking model that offers local banks considerable autonomy while providing them with resources from a larger organizational framework.

This partnership will further enhance Guaranty Bank & Trust’s longstanding tradition in the Texas banking community, where it has been established for over a century. The bank is known for its commitment to local community investment and superior customer service. Ty Abston, CEO of Guaranty, has reassured customers and employees that the current workforce will remain unchanged, and that local relationships will continue to be a priority.

Additionally, Glacier Bancorp has recently had changes in regulatory oversight, with the regulator’s board lifting the $1.95 trillion asset cap on Glacier’s operations. However, some provisions from a previous consent order are still applicable.

Guaranty Bank & Trust operates 33 banking locations across 26 communities throughout Texas, encompassing regions such as East Texas, Dallas/Fort Worth, Houston, and Central Texas. The combination of Glacier’s banking resources and Guaranty’s local focus aims to enhance customer service and expand offerings in the region.

As the deal moves toward completion, industry observers will be closely monitoring the transaction’s impact on the Texas banking landscape. This strategic acquisition not only boosts Glacier’s footprint in a new state but also reinforces its position as a leading community-oriented banking institution.

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Additional Resources

• Banking Dive: Glacier to Acquire Guaranty Bank
• Wikipedia: Banking in the United States
• Front Porch News: Guaranty Bank Joining Forces
• Google Search: Guaranty Bank Trust
• Texarkana Gazette: Glacier Bancorp to Acquire Guaranty
• Google Scholar: Glacier Bancorp
• Banking Dive: Banking News
• Encyclopedia Britannica: Bank