Glacier Bancorp, Inc. (GBCI) has agreed to acquire Guaranty Bancshares, Inc. (GNTY) in an all-stock deal valued at $476.2 million. The agreement stipulates that Guaranty shareholders will receive 1 share of Glacier stock for each Guaranty share, translating to approximately $41.58 per share based on GBCI’s stock price as of June 23, 2025. The acquisition, which has received unanimous board approval, is expected to close in the fourth quarter of 2025, pending regulatory and shareholder approvals.
Upon completion, Guaranty Bank & Trust will operate as “Guaranty Bank & Trust, Division of Glacier Bank,” marking Glacier’s 18th bank division. The deal is projected to be immediately accretive to Glacier Bancorp’s earnings per share, with an internal rate of return expected to reach approximately 20% by the end of the first year post-closure. This acquisition aims to strengthen Glacier’s presence in Texas and enhance its strategy for long-term growth.
