Allegiance Bancshares Stock Forecast, Price & News

Allegiance Bancshares (NASDAQ:ABTX) Frequently Asked Questions

How has Allegiance Bancshares' stock been impacted by COVID-19?

Allegiance Bancshares' stock was trading at $26.31 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ABTX stock has increased by 56.7% and is now trading at $41.24.
View which stocks have been most impacted by COVID-19.

Are investors shorting Allegiance Bancshares?

Allegiance Bancshares saw a decline in short interest in November. As of November 15th, there was short interest totaling 228,300 shares, a decline of 22.1% from the October 31st total of 293,000 shares. Based on an average trading volume of 63,900 shares, the short-interest ratio is currently 3.6 days. Currently, 1.2% of the shares of the stock are sold short.
View Allegiance Bancshares' Short Interest.

When is Allegiance Bancshares' next earnings date?

Allegiance Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Allegiance Bancshares.

How were Allegiance Bancshares' earnings last quarter?

Allegiance Bancshares, Inc. (NASDAQ:ABTX) issued its earnings results on Wednesday, October, 27th. The bank reported $0.93 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by $0.07. Allegiance Bancshares had a trailing twelve-month return on equity of 9.78% and a net margin of 29.13%. During the same period last year, the company earned $0.79 earnings per share.
View Allegiance Bancshares' earnings history.

How often does Allegiance Bancshares pay dividends? What is the dividend yield for Allegiance Bancshares?

Allegiance Bancshares declared a quarterly dividend on Wednesday, October 27th. Stockholders of record on Tuesday, November 30th will be paid a dividend of $0.12 per share on Wednesday, December 15th. This represents a $0.48 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Monday, November 29th.
View Allegiance Bancshares' dividend history.

Is Allegiance Bancshares a good dividend stock?

Allegiance Bancshares pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.21%. Allegiance Bancshares has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Allegiance Bancshares is 12.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Allegiance Bancshares will have a dividend payout ratio of 21.82% next year. This indicates that Allegiance Bancshares will be able to sustain or increase its dividend.
View Allegiance Bancshares' dividend history.

Who are Allegiance Bancshares' key executives?

Allegiance Bancshares' management team includes the following people:

• Steven F. Retzloff, Chief Executive Officer & Director
• Ramon A. Vitulli, President & Director
• Paul P. Egge, Chief Financial Officer & Executive Vice President
• Daryl D. Bohls, Executive Vice President
• Okan I. Akin, Chief Risk Officer & Executive VP

What is Ray Vitulli's approval rating as Allegiance Bancshares' CEO?

4 employees have rated Allegiance Bancshares CEO Ray Vitulli on Glassdoor.com. Ray Vitulli has an approval rating of 100% among Allegiance Bancshares' employees. This puts Ray Vitulli in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Allegiance Bancshares' key competitors?

Some companies that are related to Allegiance Bancshares include Triumph Bancorp (TBK), Cadence Bancorporation (CADE), United Community Banks (UCBI), Independent Bank Group (IBTX), Texas Capital Bancshares (TCBI), First BanCorp. (FBP), Hilltop (HTH), CVB Financial (CVBF), International Bancshares (IBOC), Independent Bank (INDB), Columbia Banking System (COLB), Atlantic Union Bankshares (AUB), First Interstate BancSystem (FIBK), TowneBank (TOWN) and FB Financial (FBK).
View all of ABTX's competitors.

What other stocks do shareholders of Allegiance Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegiance Bancshares investors own include AbbVie (ABBV), Adobe (ADBE), Arthur J. Gallagher & Co. (AJG), British American Tobacco (BTI), Consolidated Edison (ED), Enbridge (ENB), Energy Transfer (ET), Gilead Sciences (GILD), General Mills (GIS) and GlaxoSmithKline (GSK).

What is Allegiance Bancshares' stock symbol?

Allegiance Bancshares trades on the NASDAQ under the ticker symbol "ABTX."

Who are Allegiance Bancshares' major shareholders?

Allegiance Bancshares' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.61%), Dimensional Fund Advisors LP (4.51%), Geode Capital Management LLC (1.66%), Bank of New York Mellon Corp (1.02%), Wellington Management Group LLP (0.77%) and Morgan Stanley (0.62%). Company insiders that own Allegiance Bancshares stock include E Raimundo Riojas, Roland L Williams, Roland L Williams and Umesh Jain.
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 Citadel Advisors LLC, Dimensional Fund Advisors LP, UBS Group AG, Citigroup Inc., Victory Capital Management Inc., Royal Bank of Canada, New York State Common Retirement Fund, and Goldman Sachs Group Inc..
View insider buying and selling activity for Allegiance Bancshares or view top insider-selling stocks.

Which institutional investors are buying Allegiance Bancshares stock?

ABTX stock was acquired by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Morgan Stanley, Cornercap Investment Counsel Inc., Inscription Capital LLC, Two Sigma Investments LP, Panagora Asset Management Inc., Janney Montgomery Scott LLC, and Two Sigma Advisers LP.
View insider buying and selling activity for Allegiance Bancshares or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Allegiance Bancshares' stock price today?

One share of ABTX stock can currently be purchased for approximately $41.24.

How much money does Allegiance Bancshares make?

Allegiance Bancshares has a market capitalization of $834.99 million and generates $249.92 million in revenue each year. The bank earns $45.53 million in net income (profit) each year or $3.71 on an earnings per share basis.

How many employees does Allegiance Bancshares have?

Allegiance Bancshares employs 598 workers across the globe.

What is Allegiance Bancshares' official website?

The official website for Allegiance Bancshares is www.allegiancebank.com.

Where are Allegiance Bancshares' headquarters?

Allegiance Bancshares is headquartered at 8847 West Sam Houston Parkway N. Suite 200, HOUSTON TX, 77040.

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, via email at [email protected], or via fax at 281-894-0019.