05:17 PM EDT, 06/24/2025 (MT Newswires) -- Glacier Bancorp ( GBCI ) said late Tuesday it agreed to acquire Guaranty Bancshares ( GNTY ) in an all-stock transaction valued at $476.2 million, based on Glacier's closing price of $41.58 on June 23.

The boards of both companies approved the deal, which is subject to regulatory and Guaranty shareholder approvals, as well as other customary closing conditions.

Under the agreement, Guaranty shareholders will receive one Glacier share for each Guaranty share held.

The acquisition is expected to close in the fourth quarter.

Following completion, Guaranty Bank & Trust will operate as Guaranty Bank & Trust, Division of Glacier Bank.