Guaranty Bancorp (GBNK) is Upgraded by Keefe Bruyette to Outperform

Guaranty Bancorp (GBNK) was Upgraded by Keefe Bruyette to ” Outperform”. Earlier the firm had a rating of “Mkt Perform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Apr 12, 2016.

Many Wall Street Analysts have commented on Guaranty Bancorp. Guaranty Bancorp was Upgraded by Keefe Bruyette to ” Outperform” on Apr 12, 2016.

Guaranty Bancorp opened for trading at $15.16 and hit $15.29 on the upside on Monday, eventually ending the session at $15.11, with a gain of 0.27% or 0.04 points. The heightened volatility saw the trading volume jump to 7,491 shares. Company has a market cap of $345 M.

In a different news, on Jul 28, 2015, Albert C Yates (director) purchased 3,300 shares at $16.47 per share price. According to the SEC, on Jun 10, 2015, Michael J Noesen (EVP, Business Banking) sold 5,000 shares at $16.36 per share price. On May 6, 2015, Michael J Dipetro (EVP, Retail Banking Manager) sold 689 shares at $16.09 per share price, according to the Form-4 filing with the securities and exchange commission.

Guaranty Bancorp is a bank holding company. The Company’s principal business is to serve as a holding company for its bank subsidiary Guaranty Bank and Trust Company (Guaranty Bank). As on December 31 2014 the Company had operated 26 branches and two investment management firms in Colorado through its bank subsidiary Guaranty Bank. Its branch network enables it to offer a range of deposits loans and personalized services to commercial and consumer customers. Its branches are located throughout Colorado’s Front Range including the Denver metropolitan area. Besides loans and depository services the Bank also offers wealth management solutions including trust and investment management services. The Bank together with its wholly owned subsidiaries Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc. (CHIA) provides wealth management services including private banking investment management and trust services.

Guaranty Bancorp

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