NASDAQ:ABTX - Allegiance Bancshares Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$34.42 -0.35 (-1.01 %)
(As of 03/22/2019 06:00 AM ET)
Previous Close$34.77
Today's Range$34.35 - $35.2150
52-Week Range$28.58 - $46.85
Volume38,273 shs
Average Volume57,058 shs
Market Capitalization$745.88 million
P/E Ratio13.80
Dividend YieldN/A
Beta1.61
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, savings accounts, and other time deposits comprising money market accounts and certificates of deposit. The company also grants various loan products, such as commercial and industrial loans; mortgage warehouse 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 machines, drive-through services, and 24-hour depository facilities; mobile banking; 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 January 25, 2018, it operated 16 full-service banking locations and a loan production office in the Houston metropolitan area. The company was founded in 2007 and is headquartered in Houston, Texas.

Receive ABTX News and Ratings via Email

Sign-up to receive the latest news and ratings for ABTX and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:ABTX
CUSIPN/A
Phone281-894-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$165.94 million
Cash Flow$2.0058 per share
Book Value$32.21 per share

Profitability

Net Income$37.31 million

Miscellaneous

EmployeesN/A
Market Cap$745.88 million
Next Earnings Date4/25/2019 (Estimated)
OptionableNot Optionable

Allegiance Bancshares (NASDAQ:ABTX) Frequently Asked Questions

What is Allegiance Bancshares' stock symbol?

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

How were Allegiance Bancshares' earnings last quarter?

Allegiance Bancshares Inc (NASDAQ:ABTX) announced its quarterly earnings results on Friday, January, 25th. The bank reported $0.62 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.67 by $0.05. The bank earned $48.17 million during the quarter, compared to analyst estimates of $46.96 million. Allegiance Bancshares had a net margin of 22.48% and a return on equity of 9.55%. View Allegiance Bancshares' Earnings History.

When is Allegiance Bancshares' next earnings date?

Allegiance Bancshares is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Allegiance Bancshares.

What price target have analysts set for ABTX?

3 brokerages have issued 1-year price objectives for Allegiance Bancshares' shares. Their predictions range from $37.00 to $43.00. On average, they anticipate Allegiance Bancshares' share price to reach $39.42 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for Allegiance Bancshares.

What is the consensus analysts' recommendation for Allegiance Bancshares?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiance Bancshares in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Allegiance Bancshares.

Has Allegiance Bancshares been receiving favorable news coverage?

News coverage about ABTX stock has trended neutral on Friday, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Allegiance Bancshares earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Who are some of Allegiance Bancshares' key competitors?

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 Adobe (ADBE), HCA Healthcare (HCA), Wells Fargo Utilities and High Incm Fund (ERH), Sandstorm Gold (SAND), Hormel Foods (HRL), Zynga (ZNGA), Adomani (ADOM), Arconic (ARNC), Arthur J Gallagher & Co (AJG) and INTL Fcstone (INTL).

Who are Allegiance Bancshares' key executives?

Allegiance Bancshares' management team includes the folowing people:
  • Mr. George Martinez, Chairman & CEO (Age 77)
  • Mr. Steven F. Retzloff, Pres & Director (Age 63)
  • Mr. Paul P. Egge, Exec. VP & CFO (Age 41)
  • Ms. Shanna R. Kuzdzal, Exec. VP, Gen. Counsel & Sec. (Age 40)
  • Mr. Ramon A. Vitulli III, Exec. VP & Director (Age 51)

Who are Allegiance Bancshares' major shareholders?

Allegiance Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (3.75%), BlackRock Inc. (3.10%), Banc Funds Co. LLC (1.49%), Dimensional Fund Advisors LP (1.23%), Dimensional Fund Advisors LP (1.23%) and Royce & Associates LP (1.04%). Company insiders that own Allegiance Bancshares stock include Daryl D Bohls, Frances H Jeter, Fred S Robertson, George Martinez, Lynda C Keene, Paul Michael Mann, Paul P Egge, Ramon A Vitulli III, Shanna R Kuzdzal, Steven F Retzloff, Thomas A Reiser, Umesh Jain, Villarreal Luis Rene Garza and William S Nichols III. View Institutional Ownership Trends for Allegiance Bancshares.

Which major investors are selling Allegiance Bancshares stock?

ABTX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Banc Funds Co. LLC, PNC Financial Services Group Inc., MetLife Investment Advisors LLC and Bank of America Corp DE. Company insiders that have sold Allegiance Bancshares company stock in the last year include Daryl D Bohls, George Martinez, Paul Michael Mann, Umesh Jain and William S Nichols III. View Insider Buying and Selling for Allegiance Bancshares.

Which major investors are buying Allegiance Bancshares stock?

ABTX stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, Callahan Advisors LLC, John W. Rosenthal Capital Management Inc., Ranger Investment Management L.P., BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC and Two Sigma Investments LP. Company insiders that have bought Allegiance Bancshares stock in the last two years include Frances H Jeter, Fred S Robertson, Paul P Egge, Shanna R Kuzdzal, Steven F Retzloff, Thomas A Reiser and Villarreal Luis Rene Garza. View Insider Buying and Selling for Allegiance Bancshares.

How do I buy shares of Allegiance Bancshares?

Shares of ABTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Allegiance Bancshares' stock price today?

One share of ABTX stock can currently be purchased for approximately $34.42.

How big of a company is Allegiance Bancshares?

Allegiance Bancshares has a market capitalization of $745.88 million and generates $165.94 million in revenue each year. The bank earns $37.31 million in net income (profit) each year or $2.52 on an earnings per share basis.

What is Allegiance Bancshares' official website?

The official website for Allegiance Bancshares is http://www.allegiancebank.com.

How can I contact Allegiance Bancshares?

Allegiance Bancshares' mailing address is 8847 West Sam Houston Parkway N. Suite 200, HOUSTON TX, 77040. The bank can be reached via phone at 281-894-3200.


MarketBeat Community Rating for Allegiance Bancshares (NASDAQ ABTX)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  154 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  372
MarketBeat's community ratings are surveys of what our community members think about Allegiance Bancshares and other stocks. Vote "Outperform" if you believe ABTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

Featured Article: What is a conference call?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel