Guaranty Bancshares, Inc. - Common Stock (GNTY)

Competitors to Guaranty Bancshares, Inc. - Common Stock (GNTY)

Hancock Whitney Corporation

Hancock Whitney Corporation competes in the same regional banking space as Guaranty Bancshares. Both banks offer a variety of consumer and business banking products, creating direct competition for deposits and loans. Hancock Whitney has a broader geographic reach across the Gulf Coast, which provides it with a more extensive customer base and greater resources for growth. However, Guaranty Bancshares leverages its deep Texas roots and community-focused banking approach to build strong relationships with local clients, presenting less of a competitive advantage compared to Hancock Whitney's size.

Independent Bank Group, Inc. 

Independent Bank Group, Inc. also operates within the Texas banking market, competing with Guaranty Bancshares primarily on service offerings and customer service quality. They both provide similar financial products, but Independent Bank Group has grown through acquisitions, expanding its footprint in various regions of Texas. This strategy has allowed them to scale their operations rapidly, often giving them a competitive edge when attracting larger commercial accounts. Guaranty Bancshares, while focused on personal relationships, may not match the same breadth of services offered by Independent Bank Group, positioning the latter as a leading competitor.

Texas Capital Bancshares, Inc. 

Texas Capital Bancshares, Inc. competes directly with Guaranty Bancshares, Inc. through its range of financial services, including commercial banking, wealth management, and mortgage services. Both banks target similar customer demographics and operate primarily in Texas, allowing them to compete for market share among local business and retail clients. Texas Capital Bancshares often emphasizes its large scale and diversified financial products, which gives it an edge in attracting higher value clients, making it slightly more competitive in terms of resource availability.

Veritex Holdings, Inc. 

Veritex Holdings, Inc. operates as a regional bank that competes with Guaranty Bancshares by providing similar products and services within the Texas market. Veritex has positioned itself for growth through strategic acquisitions and expanding branch locations, allowing it to tap into new customer segments. The scale of Veritex gives it a competitive advantage over Guaranty Bancshares regarding marketing reach and operational efficiencies, which enables it to offer competitive pricing and broader product offerings, although Guaranty focuses on personalized service in a bid to retain its customer base.