Guaranty Bancshares, Inc. (GNTY) Q3 2024 Earnings Call Transcript Summary
Guaranty Bancshares, Inc. (GNTY) Q3 2024 Earnings Call Transcript Summary
Net interest margin improved to 3.33%, up from 3.26% in Q2 and 3.02% from the same quarter last year.The following is a summary of the Guaranty Bancshares, Inc. (GNTY) Q3 2024 Earnings Call Transcript:
以下是guaranty bancshares,Inc.(GNTY)2024年第三季度業績會交流摘要：
Financial Performance:
金融業績：
Q3 net income was $7.4 million with earnings per basic share at $0.65, consistent with Q2 and up from $0.54 in Q3 2023.
Total assets decreased by $88 million year-to-date but increased by $15.5 million in Q3, with a notable reduction in gross loans which decreased by $78.5 million.
Net interest margin improved to 3.33%, up from 3.26% in Q2 and 3.02% from the same quarter last year.
Return on average assets and equity for the quarter were 0.96% and 9.58% respectively.
Experienced a reverse provision for credit losses of $500,000 due to lower loan balances and stable credit trends.
第三季度淨利潤爲740萬美元，基本每股收益爲0.65美元，與第二季度持平，較2023年第三季度的0.54美元有所增長。
總資產今年迄今減少了8800萬美元，但第三季度增加了1550萬美元，其中包括總貸款大幅減少，減少了7850萬美元。
淨利息收益率提高至3.33%，高於第二季度的3.26%，並比去年同期的3.02%有所增長。
本季度平均資產回報率和淨資產回報率分別爲0.96%和9.58%。
由於貸款餘額較低且信貸趨勢穩定，逆向計提信貸損失爲50萬美元。
Business Progress:
業務進展：
Guaranty Bancshares plans to grow by $1 billion -$2 billion in the next 3-4 years through organic growth and bolt-on acquisitions.
Positioned with strong liquidity, capital, asset quality, and lending capacity for future growth.
Engaging in strategic planning for 2025 to optimize growth opportunities.
Deposits and liquidity remain robust with a significant percentage in low-cost deposits.
Guaranty Bancshares計劃通過有機增長和併購來在未來3-4年內實現10億-20億美元的增長。
定位優越，具有強勁的流動性，資本，資產質量和放貸能力，爲未來增長做好準備。
2025年正在進行戰略規劃，以優化增長機會。
存款和流動性保持強勁，大部分爲低成本存款。
Opportunities:
機會：
The Texas market remains vibrant, providing opportunities for growth in 2025 and beyond as political and rate conditions stabilize.
Repricing of $253 million in CDs in Q4 expected to lower deposit costs and improve net interest margin.
得克薩斯市場仍然充滿活力，在政治和利率情況穩定後，爲2025年及未來提供增長機會。
預計將在第四季度重新定價25300萬美元的存單，以降低存款成本並提高淨利息收益率。
Risks:
風險：
Muted customer growth due to cautious sentiment about interest rates and geopolitical uncertainties.
Projected slow loan growth through the first half of 2025.
由於對利率和地緣政治不確定性持謹慎態度，客戶增長受到抑制。
預計到2025年上半年貸款增長緩慢。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
