Wed, Mar. 16, 4:08 PM
- Guaranty Bancorp (NASDAQ:GBNK) and Home State Bancorp combined will have about $3.3B in total assets and $2.5B of deposits.
- Home State owners will receive $35M in cash and 6.5M shares of GBNK currently valued at roughly $98.7M. They'll own 23.1% of the combined bank.
- Excluding merger-related charges, the deal should be accretive to GBNK EPS by nearly 15% in 2017.