Guaranty Bancorp (GBNK), Wednesday reported a decline in first-quarter net income to $2.3 million or $0.02 per share from $2.9 million or $0.03 per share last year.
On average, five analysts polled by Thomson Reuters estimated earnings of $0.02 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest income for the quarter edged up to $15.4 million from $15.3 million a year ago. Net interest margin slid to 3.61% from 3.93%, reflecting decline in yield on earnings assets.
Non interest income for the quarter was lower at $2.95 million, compared to $3.01 million last year.
Analysts on consensus estimated total revenues of $18.46 million for the quarter.
Provision for loan losses for the quarter was nil, compared to $1 million a year ago.
Non interest expense meanwhile escalated to $15.2 million from $14.5 million in the prior year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.