About Allegiance Bancshares (NASDAQ:ABTX)
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.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:ABTX
CUSIPN/A
Phone281-894-3200
Debt
Debt-to-Equity Ratio0.75
Current Ratio1.06
Quick Ratio1.06
Price-To-Earnings
Trailing P/E Ratio27.75
Forward P/E Ratio17.57
P/E GrowthN/A
Sales & Book Value
Annual Sales$125.30 million
Price / Sales4.62
Cash Flow$1.9982 per share
Price / Cash21.72
Book Value$23.20 per share
Price / Book1.87
Profitability
EPS (Most Recent Fiscal Year)$1.58
Net Income$17.63 million
Net Margins14.79%
Return on Equity7.54%
Return on Assets0.82%
Miscellaneous
Employees375
Outstanding Shares13,330,000
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 Thursday, April, 26th. The bank reported $0.57 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.02. The bank earned $28.54 million during the quarter, compared to analysts' expectations of $29.65 million. Allegiance Bancshares had a return on equity of 7.54% and a net margin of 14.79%. View Allegiance Bancshares' Earnings History.
What price target have analysts set for ABTX?
2 brokers have issued twelve-month price objectives for Allegiance Bancshares' stock. Their predictions range from $42.00 to $44.00. On average, they anticipate Allegiance Bancshares' stock price to reach $43.00 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 Renasant (RNST), ServisFirst Bancshares (SFBS), Hilltop (HTH), Independent Bank (INDB), Ameris Bancorp (ABCB), Eagle Bancorp (EGBN), Independent Bank Group (IBTX), Banner (BANR), Pacific Premier Bancorp (PPBI), Heartland Financial USA (HTLF), First Bancorp (FBP), First Busey (BUSE), S & T Bancorp (STBA), Seacoast Banking Co. of Florida (SBCF) and 1st Source (SRCE).
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)
Has Allegiance Bancshares been receiving favorable news coverage?
Media headlines about ABTX stock have been trending positive recently, according to Accern. Accern identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Allegiance Bancshares earned a daily sentiment score of 0.34 on Accern's scale. They also gave news headlines about the bank an impact score of 43.35 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Allegiance Bancshares' major shareholders?
Allegiance Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.36%), PNC Financial Services Group Inc. (1.86%), Dimensional Fund Advisors LP (1.29%), Northern Trust Corp (1.03%), EJF Capital LLC (0.75%) and Teton Advisors Inc. (0.51%). Company insiders that own Allegiance Bancshares stock include Daryl D Bohls, David B Moulton, Frances H Jeter, Lawrence G Fraser, 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 institutional investors are selling Allegiance Bancshares stock?
ABTX stock was sold by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., Federated Investors Inc. PA, BlackRock Inc., GSA Capital Partners LLP and JPMorgan Chase & Co.. Company insiders that have sold Allegiance Bancshares company stock in the last year include Daryl D Bohls, Lynda C Keene, Paul Michael Mann, Paul P Egge, Ramon A Vitulli III, Thomas A Reiser and Umesh Jain. View Insider Buying and Selling for Allegiance Bancshares.
Which institutional investors are buying Allegiance Bancshares stock?
ABTX stock was acquired by a variety of institutional investors in the last quarter, including EJF Capital LLC, Teton Advisors Inc., Dimensional Fund Advisors LP, Millennium Management LLC, UBS Group AG, Northern Trust Corp and Wells Fargo & Company MN. Company insiders that have bought Allegiance Bancshares stock in the last two years include Frances H Jeter, 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 $43.40.
How big of a company is Allegiance Bancshares?
Allegiance Bancshares has a market capitalization of $583 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.
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 (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.
