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

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$38.68 +0.10 (+0.26 %)
(As of 11/14/2018 06:10 AM ET)
Previous Close$38.58
Today's Range$38.25 - $38.96
52-Week Range$36.50 - $46.85
Volume45,100 shs
Average Volume50,634 shs
Market Capitalization$842.09 million
P/E Ratio24.48
Dividend YieldN/A
Beta1.66
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:ABTX
Previous Symbol
CUSIPN/A
Phone281-894-3200

Debt

Debt-to-Equity Ratio0.64
Current Ratio1.05
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio24.48
Forward P/E Ratio15.05
P/E GrowthN/A

Sales & Book Value

Annual Sales$125.30 million
Price / Sales6.74
Cash Flow$2.0198 per share
Price / Cash19.15
Book Value$15.03 per share
Price / Book2.57

Profitability

EPS (Most Recent Fiscal Year)$1.58
Net Income$17.63 million
Net Margins19.41%
Return on Equity10.35%
Return on Assets1.12%

Miscellaneous

Employees375
Outstanding Shares21,830,000
Market Cap$842.09 million
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 data on Thursday, October, 25th. The bank reported $0.65 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.64 by $0.01. The bank earned $29.96 million during the quarter, compared to analyst estimates of $30.55 million. Allegiance Bancshares had a net margin of 19.41% and a return on equity of 10.35%. 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, January 24th 2019. View Earnings Estimates for Allegiance Bancshares.

What price target have analysts set for ABTX?

1 brokers have issued 1 year price targets for Allegiance Bancshares' stock. Their forecasts range from $41.00 to $46.00. On average, they anticipate Allegiance Bancshares' stock price to reach $43.50 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View Analyst Price Targets for Allegiance Bancshares.

What is the consensus analysts' recommendation for Allegiance Bancshares?

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

Has Allegiance Bancshares been receiving favorable news coverage?

Press coverage about ABTX stock has been trending somewhat positive on Wednesday, according to InfoTrie. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. 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 news impact score of 0.9 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Allegiance Bancshares' key competitors?

Who are Allegiance Bancshares' key executives?

Allegiance Bancshares' management team includes the folowing people:
  • Mr. George Martinez, Chairman & CEO (Age 76)
  • Mr. Steven F. Retzloff, Pres & Director (Age 62)
  • Mr. Paul P. Egge, Exec. VP & CFO (Age 40)
  • Ms. Shanna R. Kuzdzal, Exec. VP, Gen. Counsel & Sec. (Age 39)
  • Mr. Ramon A. Vitulli III, Exec. VP & Director (Age 50)

Who are Allegiance Bancshares' major shareholders?

Allegiance Bancshares' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (8.11%), BlackRock Inc. (4.81%), Banc Funds Co. LLC (1.76%), Dimensional Fund Advisors LP (1.22%), Advisory Research Inc. (1.16%) and Stieven Capital Advisors L.P. (1.10%). Company insiders that own Allegiance Bancshares stock include Daryl D Bohls, David B Moulton, Frances H Jeter, Fred S Robertson, Lynda C Keene, Paul Michael Mann, Paul P Egge, Ramon A Vitulli III, Robert Michael Neyland, Scott Lester, 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 Banc Funds Co. LLC, Stieven Capital Advisors L.P., FMR LLC, PNC Financial Services Group Inc., Credit Suisse AG, Acadian Asset Management LLC, Academy Capital Management Inc. TX and Royce & Associates LP. Company insiders that have sold Allegiance Bancshares company stock in the last year include Daryl D Bohls, Paul Michael Mann, Paul P Egge, Ramon A Vitulli III and Thomas A Reiser. View Insider Buying and Selling for Allegiance Bancshares.

Which major investors are buying Allegiance Bancshares stock?

ABTX stock was purchased by a variety of institutional investors in the last quarter, including Advisory Research Inc., Comerica Bank, Dimensional Fund Advisors LP, BlackRock Inc., Sheets Smith Wealth Management and First Trust Advisors LP. Company insiders that have bought Allegiance Bancshares stock in the last two years include Frances H Jeter, Fred S Robertson, 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 $38.68.

How big of a company is Allegiance Bancshares?

Allegiance Bancshares has a market capitalization of $842.09 million and generates $125.30 million in revenue each year. The bank earns $17.63 million in net income (profit) each year or $1.58 on an earnings per share basis. Allegiance Bancshares employs 375 workers across the globe.

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:  137 (Vote Outperform)
Underperform Votes:  188 (Vote Underperform)
Total Votes:  325
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 11/14/2018 by MarketBeat.com Staff

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