Guaranty Bancshares, Inc. (GNTY)

Guaranty Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	140.69	136.09	104.5	92.5	93.34	90.98
Interest Income on Investments	22.01	20.41	18.71	10.05	9.71	11.58
Total Interest Income	162.69	156.49	123.21	102.55	103.04	102.56
Interest Paid on Deposits	58.84	44.98	9.75	5.65	11.62	21.61
Interest Paid on Borrowings	8.39	14.53	5.63	1.34	1.44	2.08
Total Interest Expense	67.22	59.51	15.38	6.99	13.06	23.69
Net Interest Income	95.47	96.98	107.83	95.56	89.98	78.87
Net Interest Income Growth (YoY)	-5.96%	-10.06%	12.84%	6.20%	14.09%	14.44%
Gain (Loss) on Sale of Investments	-2.8	-0.23	0.17	-	-	-0.02
Other Non-Interest Income	21.66	21.54	20.88	18.58	16.2	14.13
Total Non-Interest Income	19.81	22.51	23.49	24.11	23.04	16.96
Non-Interest Income Growth (YoY)	-15.80%	-4.14%	-2.60%	4.67%	35.82%	10.84%
Revenues Before Loan Losses	115.28	119.49	131.31	119.67	113.02	95.83
Provision for Loan Losses	-1.95	-	2.15	-1.7	13.2	1.25
Revenue	117.23	119.49	129.16	121.37	99.82	94.58
Revenue Growth (YoY)	-4.11%	-7.49%	6.42%	21.59%	5.54%	15.39%
Salaries and Employee Benefits	46.87	47.22	45.9	40.89	35.86	34.64
Occupancy Expenses	0.12	-	-	-	-	-
Selling, General & Administrative	13.9	14.12	14.3	12.4	11.55	12.76
Other Non-Interest Expense	21.9	20.42	19.02	19.26	18.36	14.47
Total Non-Interest Expense	83.37	82.35	79.91	73.28	66.52	62.53
EBT Excluding Unusual Items	33.85	37.14	49.26	48.09	33.3	32.06
Pretax Income	33.85	37.14	49.26	48.56	33.3	32.06
Income Tax Expense	6.51	7.13	8.83	8.75	5.9	5.78
Earnings From Continuing Operations	27.35	30.01	40.42	39.81	27.4	26.28
Minority Interest in Earnings	0.05	0.03	0.02	-	-	-
Net Income	27.4	30.04	40.45	39.81	27.4	26.28
Net Income to Common	27.4	30.04	40.45	39.81	27.4	26.28
Net Income Growth	-14.86%	-25.74%	1.61%	45.27%	4.27%	27.59%
Basic Shares Outstanding	11	12	12	12	12	13
Diluted Shares Outstanding	12	12	12	12	12	13
Shares Change (YoY)	-2.68%	-2.93%	-0.97%	-0.36%	-4.82%	0.44%
EPS (Basic)	2.39	2.57	3.38	3.30	2.24	2.05
EPS (Diluted)	2.38	2.56	3.34	3.26	2.24	2.05
EPS Growth	-12.22%	-23.35%	2.45%	45.54%	9.27%	27.40%
Dividend Per Share	0.950	0.920	0.880	0.800	0.710	0.640
Dividend Growth	4.40%	4.55%	10.00%	12.68%	10.94%	17.32%
Effective Tax Rate	19.21%	19.20%	17.93%	18.02%	17.70%	18.02%

Source: S&P Capital IQ. Banks template. Financial Sources.