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Is Guaranty Bancorp A Buy After The Recent Pullback?

It's been a long road for Guaranty Bancorp's (NASDAQ:GBNK) investors. Shares were hit hard during the financial crisis, and every year, since has included a series of one-time charges that has never allowed core earnings to shine through. However, it's important to note that some of these charges, like a pre-payment penalty last year, were made to increase future profits. There's no denying the fact that the bank is being valued favorably with some growth already priced in, but unencumbered, Guaranty is now free to step on the gas.

GBNK data by YCharts

A Look Back

It's been a long time since the financial crisis, but I still think it's important to take into account how a bank

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