Allegiance Bancshares, Inc. is a bank holding company. Through its subsidiary, Allegiance Bank (the Bank), the Company provides a range of commercial banking services primarily to Houston metropolitan area-based small to medium-sized businesses, professionals and individual customers. In addition to banking during normal business hours, the Company offers extended drive-in hours, automated teller machines (ATMs) and banking by telephone, mail and Internet. The Company also provides debit card services, cash management services and wire transfer services, and offers night depository, direct deposits, cashier's checks, letters of credit and mobile deposits. It also offers safe deposit boxes, automated teller machines, drive-in services and round the clock depository facilities. The Company maintains an Internet banking Website that allows customers to obtain account balances and transfer funds among accounts.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:ABTX
- CUSIP: N/A
- Web: www.allegiancebank.com
Capitalization:- Market Cap: $465.02 million
- Outstanding Shares: 13,161,000
Average Prices:- 50 Day Moving Avg: $37.90
- 200 Day Moving Avg: $37.53
- 52 Week Range: $25.16 - $40.45
P/E:- Trailing P/E Ratio: 20.73
- Foreward P/E Ratio: 14.83
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $92.12 million
- Price / Sales: 5.06
- Book Value: $22.69 per share
- Price / Book: 1.56
Profitability:- Net Margins: 19.75%
- Return on Equity: 7.90%
- Return on Assets: 0.89%
Debt:- Debt-to-Equity Ratio: 1.04%
- Current Ratio: 1.09%
- Quick Ratio: 1.09%
Misc:- Average Volume: 28,148 shs.
- Beta: 2.32
- Short Ratio: 24.22
Frequently Asked Questions for Allegiance Bancshares (NASDAQ:ABTX)
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) released its quarterly earnings results on Tuesday, July, 25th. The company reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.06. The company earned $26.58 million during the quarter, compared to the consensus estimate of $27.24 million. Allegiance Bancshares had a net margin of 19.75% and a return on equity of 7.90%. During the same quarter last year, the firm posted $0.36 EPS. View Allegiance Bancshares' Earnings History.
When will Allegiance Bancshares make its next earnings announcement?
Where is Allegiance Bancshares' stock going? Where will Allegiance Bancshares' stock price be in 2017?
3 brokers have issued twelve-month target prices for Allegiance Bancshares' shares. Their forecasts range from $39.00 to $42.00. On average, they expect Allegiance Bancshares' share price to reach $40.33 in the next year. View Analyst Ratings for Allegiance Bancshares.
Who are some of Allegiance Bancshares' key competitors?
Some companies that are related to Allegiance Bancshares include Banc of California (BANC), Sandy Spring Bancorp (SASR), Hanmi Financial Corporation (HAFC), Customers Bancorp (CUBI), United Financial Bancorp (UBNK), Shawbrook Group PLC (SHAW), TBC Bank Group PLC (TBCG), MainSource Financial Group (MSFG), Aldermore Group PLC (ALD), Flushing Financial Corporation (FFIC), First Bancorp (FBNC), TrustCo Bank Corp NY (TRST), Oritani Financial Corp. (ORIT), Community Trust Bancorp (CTBI), Guaranty Bancorp (GBNK), Republic Bancorp (RBCAA), Preferred Bank (PFBC) and ConnectOne Bancorp (CNOB).
Who are Allegiance Bancshares' key executives?
Allegiance Bancshares' management team includes the folowing people:
- George Martinez, Chairman of the Board, Chief Executive Officer
- Steven Floyd Retzloff, President, Director
- Paul P Egge, Chief Financial Officer, Executive Vice President
- Daryl D. Bohls, Executive Vice President, Director
- Ramon A. Vitulli III, Executive Vice President, Director
- Lawrence G Fraser, Director
- Robert Ivany, Director
- Umesh Jain CPA, Director
- John B Beckworth, Independent Director
- Matthew H. Hartzell, Independent Director
Who owns Allegiance Bancshares stock?
Allegiance Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (8.59%), Vanguard Group Inc. (3.67%), Banc Funds Co. LLC (3.46%), State Street Corp (1.43%), Carlton Hofferkamp & Jenks Wealth Management LLC (1.36%) and Northern Trust Corp (1.05%). Company insiders that own Allegiance Bancshares stock include Daryl D Bohls, David B Moulton, Frances H Jeter, George Martinez, Laurence L Lehman III, Lawrence G Fraser, Matthew H Hartzell, Paul Michael Mann, Ramon A Vitulli III, Robert Michael Neyland, Scott Lester, Steven F Retzloff, Thomas A Reiser, Umesh Jain and William S Nichols III. View Institutional Ownership Trends for Allegiance Bancshares.
Who sold Allegiance Bancshares stock? Who is selling Allegiance Bancshares stock?
Allegiance Bancshares' stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Spark Investment Management LLC, JPMorgan Chase & Co., Carlton Hofferkamp & Jenks Wealth Management LLC, California State Teachers Retirement System, TIAA CREF Investment Management LLC, Foundry Partners LLC and Stephens Investment Management Group LLC. Company insiders that have sold Allegiance Bancshares stock in the last year include Daryl D Bohls, David B Moulton, Paul Michael Mann, Ramon A Vitulli III, Robert Michael Neyland, Scott Lester, Umesh Jain and William S Nichols III. View Insider Buying and Selling for Allegiance Bancshares.
Who bought Allegiance Bancshares stock? Who is buying Allegiance Bancshares stock?
Allegiance Bancshares' stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., State Street Corp, Dimensional Fund Advisors LP, Royce & Associates LP, FMR LLC, Northern Trust Corp, Swiss National Bank and Fayez Sarofim & Co.. Company insiders that have bought Allegiance Bancshares stock in the last two years include Frances H Jeter, George Martinez, Laurence L Lehman III, Matthew H Hartzell, Paul Michael Mann, Ramon A Vitulli III, Steven F Retzloff and Thomas A Reiser. View Insider Buying and Selling for Allegiance Bancshares.
How do I buy Allegiance Bancshares stock?
Shares of Allegiance Bancshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Allegiance Bancshares' stock price today?
One share of Allegiance Bancshares stock can currently be purchased for approximately $35.45.
MarketBeat Community Rating for Allegiance Bancshares (NASDAQ ABTX)MarketBeat's community ratings are surveys of what our community members think about Allegiance Bancshares and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Allegiance Bancshares (NASDAQ:ABTX) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $40.33 (13.78% upside) |
Analysts' Ratings History for Allegiance Bancshares (NASDAQ:ABTX)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/29/2017 | Stephens | Reiterated Rating | Buy | $42.00 | Medium |  |
| 4/26/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Hold | $40.00 | Medium | |
| 12/13/2016 | Robert W. Baird | Upgrade | Neutral -> Outperform | $29.00 -> $39.00 | N/A | |
| 11/2/2015 | Sandler O'Neill | Initiated Coverage | Hold | | N/A | |
(Data available from 8/22/2015 forward)
Earnings History for Allegiance Bancshares (NASDAQ:ABTX)Earnings History by Quarter for Allegiance Bancshares (NASDAQ ABTX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/23/2017 | | $0.51 | | | | | N/A | |
| 7/25/2017 | Q2 2017 | $0.46 | $0.40 | $27.24 million | $26.58 million | View | N/A | |
| 4/25/2017 | Q1 2017 | $0.40 | $0.45 | $25.25 million | $25.47 million | View | N/A | |
| 1/24/2017 | Q416 | $0.44 | $0.44 | $25.75 million | $24.90 million | View | N/A | |
| 10/25/2016 | Q316 | $0.42 | $0.42 | $24.74 million | $24.68 million | View | Listen | |
| 7/26/2016 | Q216 | $0.37 | $0.40 | $23.79 million | $23.16 million | View | Listen | |
| 4/26/2016 | Q415 | $0.34 | $0.49 | $22.89 million | $26.75 million | View | Listen | |
| 1/26/2016 | Q4 | $0.35 | $0.33 | $22.52 million | $22.23 million | View | Listen | |
| 10/30/2015 | Q315 | | $0.40 | | $21.61 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Allegiance Bancshares (NASDAQ:ABTX)Current Year EPS Consensus Estimate: $1.95 EPS
Next Year EPS Consensus Estimate: $2.39 EPS
Dividend History for Allegiance Bancshares (NASDAQ:ABTX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Allegiance Bancshares (NASDAQ:ABTX)Insider Ownership Percentage: 13.88%
Institutional Ownership Percentage: 34.75%
Insider Trades by Quarter for Allegiance Bancshares (NASDAQ:ABTX)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/14/2017 | Umesh Jain | Director | Sell | 10,100 | $36.03 | $363,903.00 | |
| 8/11/2017 | Frances H Jeter | Director | Buy | 4,000 | $35.93 | $143,720.00 | |
| 8/10/2017 | Thomas A Reiser | Director | Buy | 11,000 | $36.53 | $401,830.00 | |
| 8/9/2017 | Daryl D Bohls | Insider | Sell | 1,500 | $36.68 | $55,020.00 | |
| 7/10/2017 | Daryl D Bohls | Insider | Sell | 1,500 | $39.17 | $58,755.00 | |
| 6/9/2017 | Daryl D Bohls | Insider | Sell | 1,500 | $39.67 | $59,505.00 | |
| 5/19/2017 | Ramon A Vitulli III | Insider | Sell | 1,431 | $38.10 | $54,521.10 | |
| 5/17/2017 | Ramon A Vitulli III | Insider | Sell | 469 | $38.59 | $18,098.71 | |
| 5/10/2017 | Daryl D Bohls | Insider | Sell | 1,500 | $38.96 | $58,440.00 | |
| 4/27/2017 | Paul Michael Mann | Director | Sell | 600 | $39.24 | $23,544.00 | |
| 4/10/2017 | Daryl D Bohls | Insider | Sell | 3,000 | $37.35 | $112,050.00 | |
| 3/14/2017 | William S Nichols III | Director | Sell | 3,514 | $36.43 | $128,015.02 | |
| 3/13/2017 | William S Nichols III | Director | Sell | 500 | $36.98 | $18,490.00 | |
| 2/10/2017 | Robert Michael Neyland | Insider | Sell | 10,249 | $33.24 | $340,676.76 | |
| 2/9/2017 | Robert Michael Neyland | Insider | Sell | 432 | $33.24 | $14,359.68 | |
| 2/7/2017 | Robert Michael Neyland | Insider | Sell | 277 | $33.28 | $9,218.56 | |
| 1/31/2017 | Robert Michael Neyland | Insider | Sell | 100 | $33.60 | $3,360.00 | |
| 12/14/2016 | Scott Lester | Insider | Sell | 1,500 | $34.25 | $51,375.00 | |
| 11/22/2016 | Thomas A Reiser | Director | Buy | 10,000 | $30.83 | $308,300.00 | |
| 11/16/2016 | David B Moulton | Director | Sell | 5,000 | $31.09 | $155,450.00 | |
| 11/14/2016 | Thomas A Reiser | Director | Buy | 8,000 | $31.47 | $251,760.00 | |
| 8/16/2016 | Lawrence G Fraser | Insider | Sell | 2,000 | $26.18 | $52,360.00 | |
| 6/14/2016 | Thomas A Reiser | Director | Buy | 10,000 | $23.50 | $235,000.00 | |
| 5/24/2016 | Lawrence G Fraser | Director | Sell | 2,000 | $23.53 | $47,060.00 | |
| 5/17/2016 | Thomas A Reiser | Director | Buy | 5,000 | $21.18 | $105,900.00 | |
| 5/2/2016 | Thomas A Reiser | Director | Buy | 5,000 | $21.63 | $108,150.00 | |
| 3/10/2016 | Matthew H Hartzell | Director | Buy | 150 | $18.13 | $2,719.50 | |
| 2/11/2016 | Matthew H Hartzell | Director | Buy | 185 | $16.30 | $3,015.50 | |
| 2/1/2016 | Matthew H Hartzell | Director | Buy | 250 | $19.20 | $4,800.00 | |
| 1/29/2016 | George Martinez | CEO | Buy | 6,000 | $16.95 | $101,700.00 | |
| 1/29/2016 | Thomas A Reiser | Director | Buy | 2,000 | $18.00 | $36,000.00 | |
| 1/28/2016 | Laurence L Lehman III | CFO | Buy | 1,000 | $17.80 | $17,800.00 | |
| 1/28/2016 | Ramon A Vitulli III | EVP | Buy | 110 | $17.65 | $1,941.50 | |
| 1/28/2016 | Steven F Retzloff | President | Buy | 11,882 | $17.03 | $202,350.46 | |
| 1/28/2016 | Thomas A. Reiser | Director | Buy | 11,999 | $17.56 | $210,702.44 | |
| 10/8/2015 | Laurence L Lehman III | CFO | Buy | 2,000 | $21.00 | $42,000.00 | |
| 10/8/2015 | Paul Michael Mann | Director | Buy | 4,500 | $21.00 | $94,500.00 | |
| 10/8/2015 | Steven F Retzloff | President | Buy | 8,000 | $21.00 | $168,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Allegiance Bancshares (NASDAQ:ABTX)
Latest Headlines for Allegiance Bancshares (NASDAQ:ABTX)
| Source: |
|
| Date | Headline |
|---|
 | ABTX: Insiders Vs. Shorts
www.thestreet.com - August 15 at 3:35 PM |
 | Allegiance Bancshares, Inc. (NASDAQ:ABTX) Director Frances H. Jeter Buys 4,000 Shares
www.americanbankingnews.com - August 14 at 11:30 PM |
| Insider Selling: Allegiance Bancshares, Inc. (ABTX) Director Sells 10,100 Shares of Stock
www.americanbankingnews.com - August 14 at 11:10 PM |
| Comparing Allegiance Bancshares (ABTX) and Bank of Nova Scotia (The) (BNS)
www.americanbankingnews.com - August 14 at 11:41 AM |
| Insider Selling: Allegiance Bancshares, Inc. (NASDAQ:ABTX) Insider Sells 1,500 Shares of Stock
www.americanbankingnews.com - August 10 at 8:40 PM |
| Allegiance Bancshares, Inc. (ABTX) Director Purchases $401,830.00 in Stock
www.americanbankingnews.com - August 10 at 7:48 PM |
 | Allegiance Bancshares, Inc. (Texas) – Value Analysis (NASDAQ:ABTX) : August 7, 2017
finance.yahoo.com - August 7 at 9:27 PM |
| Allegiance Bancshares, Inc. Announces the Appointment of Dr. Robert Ivany as Director
finance.yahoo.com - August 3 at 3:43 PM |
| Allegiance Bancshares, Inc. (ABTX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - July 27 at 9:09 PM |
| Allegiance Bancshares, Inc. (Texas) breached its 50 day moving average in a Bearish Manner : ABTX-US : July 26, 2017
finance.yahoo.com - July 26 at 3:18 PM |
| Edited Transcript of ABTX earnings conference call or presentation 25-Jul-17 2:00pm GMT
finance.yahoo.com - July 26 at 1:20 AM |
| Allegiance Bancshares, Inc. Reports Second Quarter 2017 Results
finance.yahoo.com - July 25 at 3:19 PM |
| Investor Network: Allegiance Bancshares, Inc. to Host Earnings Call
finance.yahoo.com - July 25 at 3:19 PM |
| Allegiance Bancshares, Inc. (NASDAQ:ABTX) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS
www.americanbankingnews.com - July 25 at 10:10 AM |
| Allegiance Bancshares, Inc. Announces Second Quarter 2017 Earnings Release and Conference Call Date
finance.yahoo.com - July 11 at 9:26 PM |
| Allegiance Bancshares, Inc. (NASDAQ:ABTX) Insider Sells $58,755.00 in Stock
www.americanbankingnews.com - July 11 at 8:20 PM |
 | Allegiance Bancshares, Inc. Announces Second Quarter 2017 Earnings Release and Conference Call Date
feeds.benzinga.com - July 11 at 6:46 PM |
| Allegiance Bancshares, Inc. (ABTX) Lifted to Buy at BidaskClub
www.americanbankingnews.com - July 7 at 5:08 PM |
| Allegiance Bancshares, Inc. (Texas) breached its 50 day moving average in a Bullish Manner : ABTX-US : July 4, 2017
finance.yahoo.com - July 4 at 3:38 PM |
| Allegiance Bancshares, Inc. (ABTX) Given "Buy" Rating at Stephens
www.americanbankingnews.com - June 29 at 11:22 AM |
| Allegiance Bancshares, Inc. (ABTX) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - June 27 at 10:20 PM |
| Allegiance Bancshares, Inc. (Texas) breached its 50 day moving average in a Bearish Manner : ABTX-US : June 22, 2017
finance.yahoo.com - June 22 at 1:10 PM |
| ETFs with exposure to Allegiance Bancshares, Inc. (Texas) : June 13, 2017
finance.yahoo.com - June 13 at 3:17 PM |
| Allegiance Bancshares, Inc. (ABTX) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - June 13 at 10:04 AM |
| Daryl D. Bohls Sells 1,500 Shares of Allegiance Bancshares, Inc. (ABTX) Stock
www.americanbankingnews.com - June 12 at 7:52 PM |
| Zacks: Allegiance Bancshares Inc (ABTX) Given Average Rating of "Strong Buy" by Brokerages
www.americanbankingnews.com - June 8 at 9:06 AM |
| Comparing Allegiance Bancshares (ABTX) and LegacyTexas Financial Group (LTXB)
www.americanbankingnews.com - June 6 at 10:18 AM |
| Allegiance Bancshares, Inc. (Texas) :ABTX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 31, 2017
finance.yahoo.com - May 31 at 11:25 AM |
| Ramon A. Vitulli III Sells 1,431 Shares of Allegiance Bancshares Inc (ABTX) Stock
www.americanbankingnews.com - May 22 at 8:14 PM |
| Allegiance Bancshares Inc (ABTX) Insider Ramon A. Vitulli III Sells 469 Shares
www.americanbankingnews.com - May 18 at 8:33 PM |
| Insider Selling: Allegiance Bancshares Inc (ABTX) Insider Sells 1,500 Shares of Stock
www.americanbankingnews.com - May 11 at 8:26 PM |
| Allegiance Bancshares (ABTX) Receives Daily Media Impact Score of -0.03
www.americanbankingnews.com - May 2 at 7:48 AM |
| Insider Selling: Allegiance Bancshares Inc (ABTX) Director Sells 600 Shares of Stock
www.americanbankingnews.com - May 1 at 8:32 PM |
| Allegiance Bancshares (ABTX) Receiving Positive News Coverage, Study Shows
www.americanbankingnews.com - April 28 at 8:58 AM |
| Allegiance Bancshares Inc (ABTX) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - April 27 at 11:10 PM |
| Edited Transcript of ABTX earnings conference call or presentation 25-Apr-17 2:00pm GMT
finance.yahoo.com - April 27 at 3:36 PM |
| Zacks: Allegiance Bancshares Inc (ABTX) Receives Average Rating of "Strong Buy" from Analysts
www.americanbankingnews.com - April 26 at 9:30 AM |
| Allegiance Bancshares, Inc. Reports First Quarter 2017 Results
finance.yahoo.com - April 25 at 3:17 PM |
| Allegiance Bancshares posts 1Q profit
finance.yahoo.com - April 25 at 3:17 PM |
| Allegiance Bancshares (ABTX) Given Daily Media Sentiment Rating of 0.35
www.americanbankingnews.com - April 25 at 2:24 PM |
| Allegiance Bancshares Inc (ABTX) Releases Earnings Results
www.americanbankingnews.com - April 25 at 10:39 AM |
| Allegiance Bancshares Inc (ABTX) Rating Reiterated by Stephens
www.americanbankingnews.com - April 25 at 9:57 AM |
| Allegiance Bancshares Inc (ABTX) to Release Earnings on Monday
www.americanbankingnews.com - April 21 at 8:56 PM |
| Allegiance Bancshares (ABTX) Given Daily Media Sentiment Rating of 0.23
www.americanbankingnews.com - April 21 at 8:15 AM |
| Allegiance Bancshares (ABTX) Earning Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 17 at 9:18 AM |
| Allegiance Bancshares, Inc. Announces First Quarter 2017 Earnings Release and Conference Call Date
finance.yahoo.com - April 11 at 8:17 PM |
| Allegiance Bancshares Inc (ABTX) Insider Daryl D. Bohls Sells 3,000 Shares
www.americanbankingnews.com - April 11 at 4:56 PM |
| Allegiance Bancshares Inc (ABTX) Given a $38.00 Price Target by Keefe, Bruyette & Woods Analysts
www.americanbankingnews.com - April 5 at 6:06 PM |
| Allegiance Bancshares Inc (ABTX) Short Interest Update
www.americanbankingnews.com - April 4 at 3:00 PM |
| Allegiance Bancshares Inc (ABTX) Given Average Recommendation of "" by Analysts
www.americanbankingnews.com - March 23 at 10:26 AM |
Allegiance Bancshares (ABTX) Chart for Tuesday, August, 22, 2017
