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Announced

QCR Holdings to acquire Guaranty Federal Bancshare for $152m.

Synopsis

QCR Holdings, a multi-bank holding company, agreed to acquire Guaranty Federal Bancshare, a community bank, for $152m. "Springfield and neighboring Southwest Missouri markets make up a vibrant region where strong relationships with our clients matter. Guaranty Bank strongly aligns with our culture and our dedication to client service. Enhancing our market share in this region supports our strategic goals and enables us to extend our high-performing and profitable niche business lines benefiting clients and shareholders alike," Larry Helling, QCR Holdings CEO.

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