How were Allegiance Bancshares' earnings last quarter?

Allegiance Bancshares, Inc. (NASDAQ:ABTX) announced its quarterly earnings data 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. The bank earned $60.27 million during the quarter, compared to analysts' expectations of $60.20 million. Allegiance Bancshares had a net margin of 28.90% and a trailing twelve-month return on equity of 9.86%. During the same period last year, the company posted $0.79 EPS.

Is Allegiance Bancshares a good dividend stock?

Allegiance Bancshares (NASDAQ:ABTX) pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.35%. The dividend payout ratio is 15.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABTX will have a dividend payout ratio of 17.28% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ABTX .

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

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

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 GSK (GSK) .

NASDAQ:ABTX

Allegiance Bancshares (ABTX) Stock Price, News & Analysis

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Today's Range: $41.21
▼
$42.52
50-Day Range: $41.27
▼
$44.37
52-Week Range: $37.04
▼
$46.96

Volume: 104,389 shs
Average Volume: 80,659 shs
Market Capitalization: $830.93 million

P/E Ratio: 11.25
Dividend Yield: 1.35%
Price Target: N/A

Stock Analysis

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Allegiance Bancshares MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.93
Upright™ Environmental Score
News Sentiment: 0.15
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.46%
From $2.96 to $3.24 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.43 out of 5 stars

Finance Sector

746th out of 873 stocks

State Commercial Banks Industry

171st out of 178 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Allegiance Bancshares.

N/A

Short Interest

Short Interest
There is no current short interest data available for ABTX.

2.5

Dividend Strength

Dividend Yield
Allegiance Bancshares pays a meaningful dividend of 1.35%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Allegiance Bancshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Allegiance Bancshares is 15.14%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Allegiance Bancshares will have a dividend payout ratio of 17.28% next year. This indicates that Allegiance Bancshares will be able to sustain or increase its dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Allegiance Bancshares has received a 16.73% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Credit cards", "Consumer savings accounts provided by brick and mortar banks", "Consumer transaction accounts provided by brick and mortar banks", and "Debit cards" products. See details.
Environmental Sustainability
The Environmental Impact score for Allegiance Bancshares is -0.93.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 5 news articles for Allegiance Bancshares this week, compared to 2 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Allegiance Bancshares insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.84% of the stock of Allegiance Bancshares is held by insiders.
Percentage Held by Institutions
59.62% of the stock of Allegiance Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Allegiance Bancshares are expected to grow by 9.46% in the coming year, from $2.96 to $3.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Allegiance Bancshares is 11.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Allegiance Bancshares is 11.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.59.
Price to Book Value per Share Ratio
Allegiance Bancshares has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Allegiance Bancshares Stock (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, money market accounts, savings accounts, and other time deposits; and certificates of deposit. The company's loan portfolio comprises commercial and industrial 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 machine services, drive-through services, and depository facilities; mobile banking services; 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 December 31, 2021, it operated 27 full-service banking locations, including 26 bank offices in the Houston metropolitan area and one office in Beaumont. The company was founded in 2007 and is headquartered in Houston, Texas.

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ABTX Stock News Headlines

April 14, 2024 | msn.com

Pflugerville to talk with ESD No. 2, Allegiance about providing ambulance services

April 12, 2024 | msn.com

Daily Pledge of Allegiance — April 11, 2024

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April 12, 2024 | msn.com

Daily Pledge of Allegiance — April 12, 2024

April 11, 2024 | msn.com

Daily Pledge of Allegiance — April 8, 2024

April 10, 2024 | msn.com

Pflugerville to talk with ESD #2, Allegiance about providing ambulance services

April 5, 2024 | msn.com

Daily Pledge of Allegiance — April 5, 2024

April 2, 2024 | msn.com

Daily Pledge of Allegiance, April 2

April 16, 2024 | InvestorPlace (Ad)

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I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

April 2, 2024 | msn.com

Why wouldn't you stand for the Pledge of Allegiance? Parents, teach kids patriotic values.

April 2, 2024 | msn.com

Daily Pledge of Allegiance, April 1

April 1, 2024 | msn.com

NJ gov tweet: 'Sopranos' theme song to be played at schools following Pledge of Allegiance

April 1, 2024 | msn.com

Why would you not stand for the Pledge of Allegiance? Political division has made problems worse

March 29, 2024 | msn.com

Daily Pledge of Allegiance, March 29

March 28, 2024 | msn.com

Daily Pledge of Allegiance, March 28

March 27, 2024 | msn.com

Daily Pledge of Allegiance, March 27

March 25, 2024 | msn.com

Daily Pledge of Allegiance, March 25

March 18, 2024 | msn.com

Daily Pledge of Allegiance, March 18

March 15, 2024 | msn.com

Daily Pledge of Allegiance, March 15

March 15, 2024 | msn.com

Daily Pledge of Allegiance, March 14

March 13, 2024 | msn.com

Daily Pledge of Allegiance, March 13

March 12, 2024 | msn.com

Daily Pledge of Allegiance, March 12

March 11, 2024 | msn.com

Daily Pledge of Allegiance, March 11

March 11, 2024 | msn.com

Opinion: Two Asheville City Council members won’t say the Pledge of Allegiance. Is that a big deal anymore?

February 29, 2024 | msn.com

Eric and Lara Trump Say Their Kids Recite Pledge of Allegiance Before Bed

February 23, 2024 | msn.com

Lara Trump Mocked for Claiming Her Children Say 'The Pledge of Allegiance' as Part of Their Bedtime Routine

February 22, 2024 | msn.com

Daily Pledge of Allegiance, February 21

See More Headlines

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Company Calendar

Last Earnings: 10/27/2021
Today: 4/15/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State Commercial Banks
Sub-Industry: N/A
Current Symbol: NASDAQ:ABTX
CUSIP: N/A
CIK: 1642081
Web: www.allegiancebank.com
Phone: (281) 894-3200
Fax: 281-894-0019
Employees: 594
Year Founded: 2007

Profitability

EPS (Most Recent Fiscal Year): $3.70
Trailing P/E Ratio: 11.25
Forward P/E Ratio: 14.06
P/E Growth: N/A
Net Income: $81.55 million
Net Margins: 28.90%
Pretax Margin: 35.53%
Return on Equity: 9.86%
Return on Assets: 1.09%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.77
Quick Ratio: 0.77

Sales & Book Value

Annual Sales: $261.75 million
Price / Sales: 3.17
Cash Flow: $4.76 per share
Price / Cash Flow: 8.75
Book Value: $40.32 per share
Price / Book: 1.03

Miscellaneous

Outstanding Shares: 19,960,000
Free Float: 18,794,000
Market Cap: $830.93 million
Optionable: Not Optionable
Beta: 0.90

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Key Executives

Mr. Steven F. Retzloff (Age 66)
CEO & Director
Comp: $797.19k
Mr. Ramon A. Vitulli III (Age 54)
Pres & Director
Comp: $804.77k
Mr. Paul P. Egge (Age 44)
Exec. VP & CFO
Comp: $691.3k
Ms. Shanna R. Kuzdzal (Age 43)
Exec. VP, Gen. Counsel & Sec.
Comp: $545.79k
Mr. Okan I. Akin (Age 51)
Exec. VP & Chief Risk Officer
Comp: $663.21k
Mr. Robert Michael Neyland
Exec. VP
Ms. Lynda C. Keene
Exec. VP
Courtney Theriot
Sr. VP & Mang. of Financial Reporting
Mr. Frank L. Law
Pres of Clear Lake Office

Key Competitors

View All Competitors

ABTX Stock Analysis - Frequently Asked Questions

How were Allegiance Bancshares' earnings last quarter?: Allegiance Bancshares, Inc. (NASDAQ:ABTX) announced its quarterly earnings data 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. The bank earned $60.27 million during the quarter, compared to analysts' expectations of $60.20 million. Allegiance Bancshares had a net margin of 28.90% and a trailing twelve-month return on equity of 9.86%. During the same period last year, the company posted $0.79 EPS.
Is Allegiance Bancshares a good dividend stock?: Allegiance Bancshares (NASDAQ:ABTX) pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.35%. The dividend payout ratio is 15.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABTX will have a dividend payout ratio of 17.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABTX.
What is Ray Vitulli's approval rating as Allegiance Bancshares' CEO?: 4 employees have rated Allegiance Bancshares Chief Executive Officer Ray Vitulli on Glassdoor.com. Ray Vitulli has an approval rating of 100% among the company's employees. This puts Ray Vitulli in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
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 GSK (GSK).

This page (NASDAQ:ABTX) was last updated on 4/16/2024 by MarketBeat.com Staff

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Allegiance Bancshares (ABTX) Stock Price, News & Analysis

Allegiance Bancshares MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Allegiance Bancshares Stock (NASDAQ:ABTX)

ABTX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

ABTX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™