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Giddyup! Texas bank Guaranty Bancshares files for a $64 million IPO

April 6, 2017
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Guaranty Bancshares, which is a Texas bank with 26 locations and $1.8 billion in assets, filed on Thursday with the SEC to raise up to $64 million in an initial public offering.

The Mount Pleasant, TX-based company was founded in 1913 and booked $67 million in revenue for the 12 months ended December 31, 2016. It plans to list on the Nasdaq under the symbol GNTY. Sandler O'Neill and Stephens Inc. are the joint bookrunners on the deal. No pricing terms were disclosed.