S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
183 Pounds of Copper for Just ONE EV (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
183 Pounds of Copper for Just ONE EV (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
183 Pounds of Copper for Just ONE EV (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
183 Pounds of Copper for Just ONE EV (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
183 Pounds of Copper for Just ONE EV (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
183 Pounds of Copper for Just ONE EV (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
183 Pounds of Copper for Just ONE EV (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
183 Pounds of Copper for Just ONE EV (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
183 Pounds of Copper for Just ONE EV (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
NASDAQ:ABTX

Allegiance Bancshares - ABTX Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Add
Compare
Today's Range
$41.21
$42.52
50-Day Range
$41.27
$44.37
52-Week Range
$37.04
$46.96
Volume
104,389 shs
Average Volume
80,659 shs
Market Capitalization
$830.93 million
P/E Ratio
11.25
Dividend Yield
1.35%
Price Target
$43.00

Allegiance Bancshares MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.3% Upside
$43.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.49
Upright™ Environmental Score
News Sentiment
0.15mentions of Allegiance Bancshares in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$82,740 Sold Last Quarter
Proj. Earnings Growth
9.46%
From $2.96 to $3.24 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Finance Sector

674th out of 907 stocks

State Commercial Banks Industry

145th out of 190 stocks

ABTX stock logo

About Allegiance Bancshares (NASDAQ:ABTX) Stock

Allegiance Bancshares, Inc. operates as the bank holding company for Allegiance Bank that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and individual customers. It accepts deposit products, including checking accounts, commercial accounts, money market accounts, savings accounts, and other time deposits; and certificates of deposit. The company's loan portfolio comprises commercial and industrial loans; commercial real estate loans, including multi-family residential loans; commercial real estate construction and land development loans; residential real estate loans, such as 1-4 family residential mortgage loans; residential construction loans; and consumer and other loans. In addition, it offers automated teller machine services, drive-through services, and depository facilities; mobile banking services; and telephone, mail, and Internet banking services. Further, the company provides safe deposit boxes, debit cards, cash management and wire transfer services, night depository services, direct deposits, cashier's checks, and letters of credit. As of December 31, 2021, it operated 27 full-service banking locations, including 26 bank offices in the Houston metropolitan area and one office in Beaumont. The company was founded in 2007 and is headquartered in Houston, Texas.

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ABTX Stock News Headlines

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ABTX Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 9/15 Dividend
8/30/2022
Dividend Payable
9/15/2022
Today
11/30/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State Commercial Banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:ABTX
Employees
594
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$43.00
High Stock Price Forecast
$43.00
Low Stock Price Forecast
$43.00
Forecasted Upside/Downside
+3.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$81.55 million
Pretax Margin
35.53%

Debt

Sales & Book Value

Annual Sales
$261.75 million
Cash Flow
$4.76 per share
Book Value
$40.32 per share

Miscellaneous

Free Float
18,794,000
Market Cap
$830.93 million
Optionable
Not Optionable
Beta
0.90

Key Executives

  • Mr. Steven F. Retzloff (Age 66)
    CEO & Director
    Comp: $797.19k
  • Mr. Ramon A. Vitulli III (Age 54)
    Pres & Director
    Comp: $804.77k
  • Mr. Paul P. Egge (Age 44)
    Exec. VP & CFO
    Comp: $691.3k
  • Ms. Shanna R. Kuzdzal (Age 43)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $545.79k
  • Mr. Okan I. Akin (Age 51)
    Exec. VP & Chief Risk Officer
    Comp: $663.21k
  • Mr. Robert Michael Neyland
    Exec. VP
  • Ms. Lynda C. Keene
    Exec. VP
  • Courtney Theriot
    Sr. VP & Mang. of Financial Reporting
  • Mr. Frank L. Law
    Pres of Clear Lake Office













ABTX Stock - Frequently Asked Questions

Should I buy or sell Allegiance Bancshares stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiance Bancshares in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ABTX shares.
View ABTX analyst ratings
or view top-rated stocks.

What is Allegiance Bancshares' stock price forecast for 2023?

1 Wall Street analysts have issued 1-year price objectives for Allegiance Bancshares' shares. Their ABTX share price forecasts range from $43.00 to $43.00. On average, they predict the company's stock price to reach $43.00 in the next year. This suggests a possible upside of 3.3% from the stock's current price.
View analysts price targets for ABTX
or view top-rated stocks among Wall Street analysts.

How were Allegiance Bancshares' earnings last quarter?

Allegiance Bancshares, Inc. (NASDAQ:ABTX) released its quarterly earnings data on Wednesday, October, 27th. The bank reported $0.93 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by $0.07. The bank had revenue of $60.27 million for the quarter, compared to analyst estimates of $60.20 million. Allegiance Bancshares had a net margin of 28.90% and a trailing twelve-month return on equity of 9.86%. During the same quarter in the prior year, the business posted $0.79 EPS.

How often does Allegiance Bancshares pay dividends? What is the dividend yield for Allegiance Bancshares?

Allegiance Bancshares announced a quarterly dividend on Thursday, July 28th. Shareholders of record on Wednesday, August 31st will be given a dividend of $0.14 per share on Thursday, September 15th. This represents a $0.56 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend is Tuesday, August 30th.
Read our dividend analysis for ABTX
.

Is Allegiance Bancshares a good dividend stock?

Allegiance Bancshares (NASDAQ:ABTX) pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.35%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABTX will have a dividend payout ratio of 17.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABTX.

What is Ray Vitulli's approval rating as Allegiance Bancshares' CEO?

4 employees have rated Allegiance Bancshares Chief Executive Officer Ray Vitulli on Glassdoor.com. Ray Vitulli has an approval rating of 100% among the company's employees. This puts Ray Vitulli in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Allegiance Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegiance Bancshares investors own include AbbVie (ABBV), Adobe (ADBE), Arthur J. Gallagher & Co. (AJG), British American Tobacco (BTI), Consolidated Edison (ED), Enbridge (ENB), Energy Transfer (ET), Gilead Sciences (GILD), General Mills (GIS) and GSK (GSK).

What is Allegiance Bancshares' stock symbol?

Allegiance Bancshares trades on the NASDAQ under the ticker symbol "ABTX."

Who are Allegiance Bancshares' major shareholders?

Allegiance Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (14.54%), Vanguard Group Inc. (6.58%), Dimensional Fund Advisors LP (5.53%), State Street Corp (3.92%), Versor Investments LP (2.56%) and FOCUS Wealth Advisors LLC (1.00%). Insiders that own company stock include E Raimundo Riojas, Roland L Williams, Roland L Williams and Umesh Jain.
View institutional ownership trends
.

What is Allegiance Bancshares' stock price today?

One share of ABTX stock can currently be purchased for approximately $41.63.

How much money does Allegiance Bancshares make?

Allegiance Bancshares (NASDAQ:ABTX) has a market capitalization of $830.93 million and generates $261.75 million in revenue each year. The bank earns $81.55 million in net income (profit) each year or $3.70 on an earnings per share basis.

How many employees does Allegiance Bancshares have?

The company employs 594 workers across the globe.

How can I contact Allegiance Bancshares?

Allegiance Bancshares' mailing address is 8847 West Sam Houston Parkway N. Suite 200, HOUSTON TX, 77040. The official website for the company is www.allegiancebank.com. The bank can be reached via phone at (281) 894-3200, via email at ir@allegiancebank.com, or via fax at 281-894-0019.

This page (NASDAQ:ABTX) was last updated on 11/30/2022 by MarketBeat.com Staff