Insider Trading Watch List: Guaranty Bancorp $GBNK

Guaranty Bancorp (GBNK) insider have most recently took part in a trading activity. On Aug 25, 2017 Joyce Stephen D, Director bought 80 shares having total worth of $2,064 at the price of $25.8 per share, following the transaction a total of 62,818 shares owned by Joyce Stephen D. Before this latest buy, Joyce Stephen D purchased GBNK at 4 other times during the past twelve months, for a total investment of $57,361 at an average of $22.72 per share.

The stock has experienced a total of 9 insider trades in the past three months. These trades include 8 sell activities and 1 buy trades. Furthermore, over the past 12 months , the stock was traded 33 times by insiders. In 28 of these trades, the insider was a seller while an employee of the company was the buyer in 5 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 8 5.08%
12 Month 5 28 80.36%

Shares of Guaranty Bancorp (GBNK) traded down 0.77% on Aug 25, 2017, hitting $25.7. 69,465 shares of the company’s stock traded hands. Guaranty Bancorp has a 52 week low of $14.25 and a 52 week high of $27.77. The company’s market cap is $381 million.

Guaranty Bancorp (GBNK) last announced its earnings results on Jul 19, 2017. The company reported 0.36 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.35 by $0.01. The company had revenue of $36 million for the quarter, compared to the consensus estimate of $36 million. During the same quarter in the previous year, the company posted 0.27 earnings per share. The company’s revenue for the quarter was up 50% on a year-over-year basis.

2017-07-19 2017-04-19 2017-01-25 2016-07-20 2016-01-27 2015-10-14 2015-07-15 2015-04-15 2015-01-21 2014-10-15
earnings per share 0.36 0.35 0.34 0.27 0.28 0.28 0.26 0.24 0.22 0.34
Revenue(M) 35.84 34.57 34.05 23.96 24.12 23.81 23.34 22.89 24.33 17.81

Guaranty Bancorp was incorporated in 2004 in Delaware under the name Centennial Bank Holdings, Inc. On May 6, 2008, the stockholders of the Company approved the proposal to change the name of the holding company from Centennial Bank Holdings, Inc. to Guaranty Bancorp. This name change was effective on May 12, 2008. Guaranty Bancorp is a bank holding company. Its principal business is to serve as a holding company for its bank subsidiary, Guaranty Bank and Trust Company (‘Bank’). It is a bank holding company providing banking and other financial services throughout its targeted Colorado markets to consumers and to small- and medium-sized businesses, including the owners and employees of those businesses. The Bank offers an array of banking products and services to the communities it serve, including accepting time and demand deposits and originating commercial loans (including energy loans), real estate loans, Small Business Administration guaranteed loans and consumer loans. The Bank is a full-service community bank offering an array of banking products and services to the communities it serves along the Front Range of Colorado, including accepting time and demand deposits and originating commercial loans (including energy loans), real estate loans, and small business and consumer loans. The Bank also provides trust services, including personal trust administration, estate settlement, investment management accounts and self-directed IRAs. Substantially all loans are secured by specific items of collateral, including business assets, consumer assets and commercial and residential real estate. It concentrate its lending activities in the following principal areas: Commercial and Industrial Loans; Commercial Real Estate Loans; Construction Loans; Installment Loans to Individuals and Other Loans; Equity Lines of Credit; Agriculture Loans. It operates 34 branches located in the Denver metropolitan area and throughout Colorado’s Northern Front Range. The banking business in Colorado is highly competitive. It also competes with brokerage firms, money market funds and issuers of other money market instruments.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.