NasdaqGS:GNTY

Stock Analysis Report

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Executive Summary

Guaranty Bancshares, Inc. operates as the bank holding company for Guaranty Bank & Trust, N.A. More Details


Snowflake Analysis

Flawless balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Guaranty Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GNTY has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.3%

GNTY

-0.9%

US Banks

-1.1%

US Market


1 Year Return

-13.8%

GNTY

-30.2%

US Banks

15.0%

US Market

Return vs Industry: GNTY exceeded the US Banks industry which returned -28.3% over the past year.

Return vs Market: GNTY underperformed the US Market which returned 15.6% over the past year.


Shareholder returns

GNTYIndustryMarket
7 Day-2.3%-0.9%-1.1%
30 Day17.1%5.1%2.9%
90 Day-0.5%-1.0%5.7%
1 Year-11.2%-13.8%-27.6%-30.2%17.6%15.0%
3 Year3.1%-3.9%-19.5%-26.2%38.9%29.7%
5 Yearn/a14.3%0.2%78.4%58.4%

Price Volatility Vs. Market

How volatile is Guaranty Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Guaranty Bancshares undervalued compared to its fair value and its price relative to the market?

18.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GNTY ($27.55) is trading below our estimate of fair value ($33.58)

Significantly Below Fair Value: GNTY is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: GNTY is poor value based on its PE Ratio (12.5x) compared to the US Banks industry average (10.2x).

PE vs Market: GNTY is good value based on its PE Ratio (12.5x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: GNTY is poor value based on its PEG Ratio (4.2x)


Price to Book Ratio

PB vs Industry: GNTY is overvalued based on its PB Ratio (1.1x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Guaranty Bancshares forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

3.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GNTY's forecast earnings growth (3% per year) is above the savings rate (2.2%).

Earnings vs Market: GNTY's earnings (3% per year) are forecast to grow slower than the US market (22.2% per year).

High Growth Earnings: GNTY's earnings are forecast to grow, but not significantly.

Revenue vs Market: GNTY's revenue (1.5% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: GNTY's revenue (1.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GNTY's Return on Equity is forecast to be low in 3 years time (9.3%).


Next Steps

Past Performance

How has Guaranty Bancshares performed over the past 5 years?

20.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GNTY has high quality earnings.

Growing Profit Margin: GNTY's current net profit margins (26.3%) are lower than last year (27.7%).


Past Earnings Growth Analysis

Earnings Trend: GNTY's earnings have grown significantly by 20.4% per year over the past 5 years.

Accelerating Growth: GNTY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GNTY had negative earnings growth (-2.3%) over the past year, making it difficult to compare to the Banks industry average (-4%).


Return on Equity

High ROE: GNTY's Return on Equity (9.3%) is considered low.


Next Steps

Financial Health

How is Guaranty Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: GNTY's Assets to Equity ratio (10x) is low.

Allowance for Bad Loans: GNTY has a sufficient allowance for bad loans (245%).

Low Risk Liabilities: 93% of GNTY's liabilities are made up of primarily low risk sources of funding.

Loan Level: GNTY has an appropriate level of Loans to Assets ratio (72%).

Low Risk Deposits: GNTY's Loans to Deposits ratio (86%) is appropriate.

Level of Bad Loans: GNTY has an appropriate level of bad loans (0.7%).


Next Steps

Dividend

What is Guaranty Bancshares's current dividend yield, its reliability and sustainability?

2.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GNTY's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: GNTY's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (4.63%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, GNTY has been paying a dividend for less than 10 years.

Growing Dividend: GNTY's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.4%), GNTY's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GNTY's dividends in 3 years are forecast to be well covered by earnings (34.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average management tenure


CEO

Ty Abston (54 yo)

7.75yrs

Tenure

US$881,851

Compensation

Mr. Tyson T. Abston, also known as Ty, has been the Chief Executive Officer of Guaranty Bancshares, Inc. since 2013. Mr. Abston has been the Chief Executive Officer of Guaranty Bank & Trust, N.A. (formerly ...


CEO Compensation Analysis

Compensation vs Market: Ty's total compensation ($USD881.85K) is below average for companies of similar size in the US market ($USD1.93M).

Compensation vs Earnings: Ty's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Tyson Abston
Chairman & CEO7.75yrsUS$881.85k1.45%
$ 4.5m
Kirk Lee
President & Director15.75yrsUS$513.93k1.55%
$ 4.8m
Clifton Payne
Senior EVP25.25yrsUS$496.63k2.07%
$ 6.5m
Randall Kucera
Executive VP & General Counselno datano data0.34%
$ 1.1m
Martin Bell
Executive VP & COO of Guaranty Bank & Trust15.75yrsUS$133.31k0.57%
$ 1.8m
Harold Lower
Executive Vice President of Guaranty Bank & Trust10.75yrsno data0.25%
$ 772.2k
J. Muskrat
Executive VP & Chief Information Officer - Guaranty Bank & Trustno datano data0.10%
$ 323.2k
Robert Sharp
Executive Vice President of Guaranty Bank & Trustno datano data0.80%
$ 2.5m
Casey Tibbets
President of Fort Worth Location3.17yrsno datano data
A. Roberts
Executive Vice President of Guaranty Bank & Trustno datano data0.23%
$ 725.1k
Shalene Jacobson
Executive VP and Chief Risk Officer of Guaranty Bank & Trustno datano data0.048%
$ 151.1k
Kevin Nelson
Senior VP & Director of Internal Auditno datano datano data

7.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: GNTY's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tyson Abston
Chairman & CEO7.75yrsUS$881.85k1.45%
$ 4.5m
Kirk Lee
President & Director15.75yrsUS$513.93k1.55%
$ 4.8m
Clifton Payne
Senior EVP25.25yrsUS$496.63k2.07%
$ 6.5m
Charles Cowell
Vice Chairman & Executive VP of Guaranty Bank and Trustno datano data0.34%
$ 1.1m
Jeffrey Brown
Independent Director0.75yrno data0.22%
$ 689.6k
William Priefert
Independent Director18.75yrsUS$71.41k1.79%
$ 5.6m
Richard Baker
Independent Director5.75yrsUS$91.56k4.6%
$ 14.3m
Margaret Curl
Independent Director3.17yrsUS$46.53k0.038%
$ 119.9k
Carl Johnson
Independent Director17.75yrsUS$95.36k0.47%
$ 1.5m
James Bunch
Independent Director6.75yrsUS$95.14k0.83%
$ 2.6m
Bradley Drake
Independent Director7.08yrsUS$73.68k1.82%
$ 5.7m
Christopher Elliott
Independent Director10.75yrsUS$98.96k1.02%
$ 3.2m

7.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: GNTY's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GNTY insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Guaranty Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Guaranty Bancshares, Inc.
  • Ticker: GNTY
  • Exchange: NasdaqGS
  • Founded: 1913
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$311.956m
  • Shares outstanding: 10.99m
  • Website: https://www.gnty.com

Number of Employees


Location

  • Guaranty Bancshares, Inc.
  • 16475 Dallas Parkway
  • Suite 600
  • Addison
  • Texas
  • 75001
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GNTYNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMay 1998

Biography

Guaranty Bancshares, Inc. operates as the bank holding company for Guaranty Bank & Trust, N.A. that provides a range of commercial and consumer banking products and services for small- and medium-sized bus ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 23:44
End of Day Share Price2020/10/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.