Guaranty Bancshares ( (GNTY) ) has issued an announcement.
Guaranty Bancshares, Inc. reported stable financial performance for Q3 2024, with net income of $7.4 million and a rise in net interest margin to 3.33%. The company benefited from increased net interest income and strategic balance sheet management, including repaying debt and repurchasing shares. Strong asset quality and solid liquidity positions, alongside a consistent core deposit base, position the company well for future growth opportunities as economic conditions improve.
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