m_and_a
confidence high
sentiment neutral
materiality 0.75
Glacier Bancorp to acquire Guaranty Bancshares in all-stock deal valued at ~$476M
GLACIER BANCORP, INC.
- Fixed exchange ratio of 1.0000 GBCI share per GNTY share; aggregate value ~$476.2M based on GBCI close of $41.58 on 6/23/25.
- Guaranty Bank branches will operate under new division 'Guaranty Bank & Trust, Division of Glacier Bank' post-merger.
- Transaction expected to close in Q4 2025, subject to GNTY shareholder approval, regulatory approvals, and customary conditions.
- Directors and executive officers of GNTY entered into voting agreements to support the merger.
- GNTY may pay a special cash dividend between March 31, 2025 and closing, subject to terms.
item 1.01item 9.01