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, and savings accounts, as well as other time deposits comprising money market accounts and certificates of deposit.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone281-894-3200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$165.94 million
Profitability
Miscellaneous
Employees569
Next Earnings Date10/24/2019 (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) released its quarterly earnings data on Friday, July, 26th. The bank reported $0.67 EPS for the quarter, beating the consensus estimate of $0.66 by $0.01. The bank earned $49.42 million during the quarter, compared to the consensus estimate of $48.20 million. Allegiance Bancshares had a return on equity of 8.32% and a net margin of 22.35%. View Allegiance Bancshares' Earnings History.
When is Allegiance Bancshares' next earnings date?
What price target have analysts set for ABTX?
3 brokers have issued 12-month price targets for Allegiance Bancshares' stock. Their predictions range from $36.00 to $38.26. On average, they anticipate Allegiance Bancshares' share price to reach $37.42 in the next twelve months. This suggests a possible upside of 16.5% 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.
What are Wall Street analysts saying about Allegiance Bancshares stock?
Here are some recent quotes from research analysts about Allegiance Bancshares stock:
- 1. According to Zacks Investment Research, "Allegiance Bancshares, Inc. operates as a bank holding company. The Company offers banking products and services primarily to small and medium-sized businesses and individual customers, through its subsidiaries. It offers checking accounts, savings accounts, certificates of deposit, bank-by-mail, cashier's checks, travelers checks, gift cards, savings bonds, personal loans, automobile loans, commercial loans, mortgage loans, home improvement loans, online banking services, safe deposit boxes and automated teller machines. Allegiance Bancshares, Inc. is headquartered in Houston, Texas. " (7/1/2019)
- 2. Stephens analysts commented, "We maintain our Equal-Weight rating. KEY EPS Miss to Consensus; Lowering Our EPS Estimates. ABTX reported 1Q19 GAAP EPS of $0.58. Excluding merger expenses we estimate operating EPS of $0.62, below consensus of $0.65. Results were marked by soft revenue trends from compressing NIM and elevated operating expenses. We are decreasing our 2019 EPS estimate from $2.84 to $2.70 and our 2020 EPS estimate from $3.12 to $3.00." (4/29/2019)
Has Allegiance Bancshares been receiving favorable news coverage?
News headlines about ABTX stock have been trending positive on Friday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Allegiance Bancshares earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Allegiance Bancshares.
Who are some of Allegiance Bancshares' key competitors?
Some companies that are related to Allegiance Bancshares include Bancorpsouth Bank (BXS), Cathay General Bancorp (CATY), South State (SSB), First Interstate Bancsystem (FIBK), Ameris Bancorp (ABCB), Columbia Banking System (COLB), Independent Bank (INDB), International Bancshares (IBOC), Independent Bank Group (IBTX), Hilltop (HTH), United Community Banks (UCBI), First Bancorp (FBP), Renasant (RNST), TowneBank (TOWN) and Banner (BANR).
What other stocks do shareholders of Allegiance Bancshares own?
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. Daryl D. Bohls, Exec. VP (Age 68)
Who are Allegiance Bancshares' major shareholders?
Allegiance Bancshares' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.09%), Vanguard Group Inc. (3.72%), Banc Funds Co. LLC (1.93%), Stieven Capital Advisors L.P. (1.13%), Callahan Advisors LLC (0.80%) and Northern Trust Corp (0.75%). Company insiders that own Allegiance Bancshares stock include Daryl D Bohls, David B Moulton, Frances H Jeter, Fred S Robertson, George Martinez, Louis A Jr Waters, 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 Citadel Advisors LLC, Invesco Ltd., Vanguard Group Inc., First Trust Advisors LP, Morgan Stanley, Stieven Capital Advisors L.P., Bank of Montreal Can and Wells Fargo & Company MN. Company insiders that have sold Allegiance Bancshares company stock in the last year include David B Moulton, George Martinez, Louis A Jr Waters, 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Banc Funds Co. LLC, Nuveen Asset Management LLC, Context BH Capital Management LP, Susquehanna International Group LLP, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc. and Cortina Asset Management LLC. 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 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 $32.11.
How big of a company is Allegiance Bancshares?
Allegiance Bancshares has a market capitalization of $679.45 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. Allegiance Bancshares employs 569 workers across the globe.View Additional Information About Allegiance Bancshares.
What is Allegiance Bancshares' official website?
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)
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.
