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
Phone281-894-3200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$125.30 million
Profitability
Miscellaneous
Employees375
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 earnings results on Thursday, October, 25th. The bank reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.64 by $0.01. The bank earned $29.96 million during the quarter, compared to analysts' expectations of $30.55 million. Allegiance Bancshares had a return on equity of 10.35% and a net margin of 19.41%. View Allegiance Bancshares' Earnings History.
When is Allegiance Bancshares' next earnings date?
What price target have analysts set for ABTX?
1 Wall Street analysts have issued 1-year price targets for Allegiance Bancshares' shares. Their forecasts range from $41.00 to $46.00. On average, they anticipate Allegiance Bancshares' share price to reach $43.50 in the next twelve months. This suggests a possible upside of 19.7% 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?
Headlines about ABTX stock have trended extremely positive on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Allegiance Bancshares earned a media sentiment score of 4.1 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.
Who are some of Allegiance Bancshares' key competitors?
Some companies that are related to Allegiance Bancshares include CVB Financial (CVBF), Home Bancshares (HOMB), Chemical Financial (CHFC), Cathay General Bancorp (CATY), Texas Capital Bancshares (TCBI), Columbia Banking System (COLB), Bancorpsouth Bank (BXS), South State (SSB), International Bancshares (IBOC), First Interstate Bancsystem (FIBK), Union Bankshares (UBSH), Independent Bank (INDB), First Bancorp (FBP), Renasant (RNST) and Great Western Bancorp (GWB).
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 number of of institutional and retail investors. Top institutional shareholders include Campbell Newman Asset Management Inc. (0.09%). Company insiders that own Allegiance Bancshares stock include Daryl D Bohls, Frances H Jeter, Fred S Robertson, Lynda C Keene, Paul Michael Mann, Paul P Egge, Ramon A Vitulli III, Robert Michael Neyland, 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 institutional investors are buying Allegiance Bancshares stock?
ABTX stock was acquired by a variety of institutional investors in the last quarter, including Campbell Newman Asset Management Inc.. 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 $36.34.
How big of a company is Allegiance Bancshares?
Allegiance Bancshares has a market capitalization of $793.19 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?
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.
