OverviewSuggest Edit

Guaranty Bancorp provides various banking and other financial services to consumers, and small to medium-sized businesses. The Company accepts deposit products, such as demand, interest-bearing demand, NOW, money market, IRA, and time deposits, and savings accounts, as well as certificates of deposit. It also offers loan products, including commercial, commercial and residential real estate, construction, agriculture, and small business administration loans, as well as installment loans to individuals and other consumer loans that include overdraft protection, lines of credit, and other consumer loans.
TypePublic
Founded1998
HQDenver, US
Websitegbnk.com
Employee Ratings2.6

Latest Updates

Employees (est.) (Nov 2018)487(+3%)
Revenue (FY, 2017)$159.7 M(+35%)
Share Price (Jan 2019)$20.8

Key People/Management at Guaranty Bancorp

Paul Taylor

Paul Taylor

President and Chief Executive Officer
Christopher Treece

Christopher Treece

Executive Vice President, Chief Financial Officer and Secretary
Cathy Goss

Cathy Goss

Executive Vice President, Chief Credit Officer
Michael Hobbs

Michael Hobbs

President - Guaranty Bank & Trust Company
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Guaranty Bancorp Office Locations

Guaranty Bancorp has an office in Denver
Denver, US (HQ)
1331 17th St #200
Show all (1)

Guaranty Bancorp Financials and Metrics

Guaranty Bancorp Revenue

Guaranty Bancorp's revenue was reported to be $159.75 m in FY, 2017
USD

Revenue (Q2, 2018)

88.4m

Gross profit (Q2, 2018)

79.3m

Gross profit margin (Q2, 2018), %

89.7%

Net income (Q2, 2018)

26.8m

EBIT (Q2, 2018)

65.0m

Market capitalization (1-Jan-2019)

608.0m

Closing stock price (1-Jan-2019)

20.8

Cash (30-Jun-2018)

72.3m
Guaranty Bancorp's current market capitalization is $608 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

92.2m99.5m119.1m159.7m

Revenue growth, %

8%20%

Cost of goods sold

5.4m9.5m13.5m

Gross profit

94.2m109.6m146.2m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

22.5m23.8m24.0m24.6m25.3m26.0m26.0m30.0m37.7m40.8m43.3m88.4m

Cost of goods sold

1.7m1.7m1.1m1.2m1.5m1.9m2.0m2.6m3.2m3.4m4.2m9.1m

Gross profit

20.9m22.1m22.9m23.3m23.8m24.2m24.0m27.5m34.6m37.5m39.1m79.3m

Gross profit Margin, %

93%93%96%95%94%93%92%91%92%92%90%90%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

28.1m32.4m26.7m50.1m51.6m

Accounts Receivable

Inventories

442.3m424.7m590.9m614.3m

PP&E

48.1m45.9m48.3m67.4m65.9m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

35.3m44.1m46.6m31.6m55.2m23.8m31.1m30.4m163.9m40.5m64.4m44.3m72.3m

Inventories

470.8m465.7m456.1m452.3m442.8m433.3m400.9m369.0m562.1m584.7m576.5m598.4m598.3m

PP&E

47.5m46.9m46.5m48.4m48.4m48.6m46.0m45.8m68.8m66.0m63.3m65.4m64.0m

Goodwill

56.1m56.4m56.4m67.9m67.9m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

14.0m13.5m22.5m24.7m38.6m

Depreciation and Amortization

4.9m5.1m4.7m4.3m5.7m

Inventories

Accounts Payable

Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

3.5m4.1m4.7m5.1m10.6m16.6m5.5m5.7m17.0m9.8m30.0m13.6m26.8m

Depreciation and Amortization

1.2m591.0k670.0k495.0k2.3m3.5m240.0k239.0k2.7m1.4m4.2m1.7m3.4m

Cash From Operating Activities

5.1m16.1m25.9m25.6m14.0m38.4m15.8m32.3m

Cash From Investing Activities

(47.0m)(128.2m)(177.7m)74.2m(48.9m)(136.8m)(33.1m)(62.6m)
USDY, 2018

Financial Leverage

9 x
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Guaranty Bancorp Operating Metrics

Guaranty Bancorp's Total Loans was reported to be $2.6b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

26 26 32

Non-performing Loans

$12.62 m$13.27 m$13.19 m$14.51 m$14.47 m$13.40 m$13.33 m$5.84 m$5.25 m$5.10 m$4.62 m

Total Loans

$1.54 b$1.55 b$1.67 b$1.73 b$1.81 b$1.83 b$1.90 b$2.41 b$2.52 b$2.57 b$2.58 b
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Guaranty Bancorp Online and Social Media Presence

Embed Graph

Guaranty Bancorp News and Updates

Independent Bank Group, Inc. Completes Acquisition of Guaranty Bancorp

MCKINNEY, Texas, Jan. 02, 2019 (GLOBE NEWSWIRE) -- Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced the completion of its acquisition of Guaranty Bancorp.

Independent Bank Group Merger With Guaranty Bancorp to Close as Planned on January 1, 2019

MCKINNEY, Texas and DENVER, Dec. 27, 2018 (GLOBE NEWSWIRE) -- Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, and Guaranty Bancorp (NASDAQ: GBNK), the holding company for Guaranty Bank and Trust Company, today jointly announced that they will proceed with the…

Guaranty Bancorp Announces Quarterly Cash Dividend

DENVER, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Guaranty Bancorp (Nasdaq: GBNK), a community bank holding company based in Colorado, today announced that its Board of Directors has declared a quarterly cash dividend of $0.1625 per common share. The dividend is payable on August 31, 2018 to stockholders …

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Guaranty Bancorp - GBNK

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, is investigating Guaranty Bancorp ("Guaranty" or the "Company") (NasdaqGS: GBNK)...

Guaranty Bancorp Frequently Asked Questions

  • When was Guaranty Bancorp founded?

    Guaranty Bancorp was founded in 1998.

  • Who are Guaranty Bancorp key executives?

    Guaranty Bancorp's key executives are Paul Taylor, Christopher Treece and Cathy Goss.

  • How many employees does Guaranty Bancorp have?

    Guaranty Bancorp has 487 employees.

  • What is Guaranty Bancorp revenue?

    Latest Guaranty Bancorp annual revenue is $159.7 m.

  • What is Guaranty Bancorp revenue per employee?

    Latest Guaranty Bancorp revenue per employee is $328 k.

  • Who are Guaranty Bancorp competitors?

    Competitors of Guaranty Bancorp include PacWest Bancorp, B. Riley Financial and Boston Private Financial.

  • Where is Guaranty Bancorp headquarters?

    Guaranty Bancorp headquarters is located at 1331 17th St #200, Denver.

  • Where are Guaranty Bancorp offices?

    Guaranty Bancorp has an office in Denver.

  • How many offices does Guaranty Bancorp have?

    Guaranty Bancorp has 1 office.