NASDAQ:CBTX - CBTX Stock Price, News, & Analysis

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$33.65 +0.35 (+1.05 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$33.30
Today's Range$33.08 - $33.65
52-Week Range$27.00 - $38.71
Volume30,175 shs
Average Volume39,963 shs
Market Capitalization$873.62 million
P/E Ratio17.80
Dividend Yield0.60%
Beta1.03
CBTX, Inc. operates as the bank holding company for CommunityBank of Texas National Association that provides commercial banking solutions to small and mid-sized businesses, and professionals in the United States. The company's deposit products include checking and savings accounts, certificates of deposit, and money market accounts; and loan portfolio comprises consumer loans, including residential real estate loans, home equity loans, home equity lines of credit, installment loans, unsecured and secured personal lines of credit, overdraft protection, and letters of credit. It also provides commercial and industrial loans, such as commercial lines of credit, working capital loans, term loans, equipment financing, borrowing base loans, restaurant franchisees loans, small business administration loans, and other loan products, as well as acquisition, expansion, and development loans. In addition, the company offers multi-family residential loans comprising loans secured by properties deemed multi-family, which includes apartment buildings; and commercial real estate, construction and development, 1-4 family residential, secured and unsecured term, and home improvement loans. Further, it provides debit card, online banking, mobile banking, e-statement, bank-by-mail, and direct deposit services; and cash management, night depository, and cashier's check services, as well as treasury services, including lockbox, wire transfer, remote deposit capture, and automated clearinghouse services. CBTX, Inc. operates 33 banking locations, including 18 branches in Houston; and 15 branches in Beaumont, Texas. The company was formerly known as CBFH, Inc. and changed its name to CBTX, Inc. in September 2017. CBTX, Inc. was founded in 2007 and is based in Houston, Texas.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CBTX
CUSIPN/A
Phone713-210-7600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$137.51 million
Cash Flow$1.5158 per share
Book Value$17.82 per share

Profitability

Net Income$47.29 million

Miscellaneous

Employees462
Market Cap$873.62 million
OptionableNot Optionable

CBTX (NASDAQ:CBTX) Frequently Asked Questions

What is CBTX's stock symbol?

CBTX trades on the NASDAQ under the ticker symbol "CBTX."

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

CBTX announced a quarterly dividend on Thursday, December 20th. Shareholders of record on Wednesday, January 2nd will be given a dividend of $0.05 per share on Tuesday, January 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend is Monday, December 31st. View CBTX's Dividend History.

How were CBTX's earnings last quarter?

CBTX Inc (NASDAQ:CBTX) announced its earnings results on Wednesday, January, 30th. The company reported $0.56 EPS for the quarter, topping the Zacks' consensus estimate of $0.48 by $0.08. The business earned $37.08 million during the quarter. CBTX had a net margin of 31.52% and a return on equity of 10.25%. View CBTX's Earnings History.

When is CBTX's next earnings date?

CBTX is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for CBTX.

What price target have analysts set for CBTX?

2 brokerages have issued 12 month target prices for CBTX's shares. Their predictions range from $35.00 to $37.00. On average, they anticipate CBTX's share price to reach $36.00 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for CBTX.

What is the consensus analysts' recommendation for CBTX?

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

Has CBTX been receiving favorable news coverage?

News stories about CBTX stock have trended somewhat positive on Tuesday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing 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 five, with scores closest to five being the most favorable. CBTX earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are some of CBTX's key competitors?

Who are CBTX's key executives?

CBTX's management team includes the folowing people:
  • Mr. Robert R. Franklin Jr., Chairman, Pres & CEO (Age 64)
  • Mr. John Pat Parsons, Vice Chairman (Age 70)
  • Mr. Robert T. Pigott Jr., CPA, CFO & Advisory Director (Age 64)
  • Mr. James L. Sturgeon, Investor Relations (Age 68)

When did CBTX IPO?

(CBTX) raised $60 million in an initial public offering (IPO) on Wednesday, November 8th 2017. The company issued 2,400,000 shares at $24.00-$26.00 per share. Stephens and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO and Sandler O'Neill + Partners, L.P. was co-manager.

Who are CBTX's major shareholders?

CBTX's stock is owned by a number of of retail and institutional investors. Top institutional investors include King Luther Capital Management Corp (4.93%), BlackRock Inc. (4.39%), RMB Capital Management LLC (2.52%), Millennium Management LLC (1.46%), Geode Capital Management LLC (0.87%) and Northern Trust Corp (0.86%). Company insiders that own CBTX stock include J Pat Parsons, Joe Sr Penland Sr, R T Pigott Jr, Tommy W Lott and Tracy Oneil. View Institutional Ownership Trends for CBTX.

Which institutional investors are selling CBTX stock?

CBTX stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, AlphaOne Investment Services LLC, First Trust Advisors LP, Stephens Inc. AR, Barclays PLC, MetLife Investment Advisors LLC, Two Sigma Advisers LP and Callahan Advisors LLC. View Insider Buying and Selling for CBTX.

Which institutional investors are buying CBTX stock?

CBTX stock was bought by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, Millennium Management LLC, BlackRock Inc., MUFG Securities EMEA plc, Acadian Asset Management LLC, RMB Capital Management LLC, Dimensional Fund Advisors LP and Bank of New York Mellon Corp. Company insiders that have bought CBTX stock in the last two years include J Pat Parsons, Joe Sr Penland Sr, R T Pigott Jr, Tommy W Lott and Tracy Oneil. View Insider Buying and Selling for CBTX.

How do I buy shares of CBTX?

Shares of CBTX 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 CBTX's stock price today?

One share of CBTX stock can currently be purchased for approximately $33.65.

How big of a company is CBTX?

CBTX has a market capitalization of $873.62 million and generates $137.51 million in revenue each year. The company earns $47.29 million in net income (profit) each year or $1.89 on an earnings per share basis. CBTX employs 462 workers across the globe.

What is CBTX's official website?

The official website for CBTX is http://www.communitybankoftx.com.

How can I contact CBTX?

CBTX's mailing address is 9 GREENWAY PLAZA SUITE 110, HOUSTON TX, 77046. The company can be reached via phone at 713-210-7600 or via email at [email protected]


MarketBeat Community Rating for CBTX (NASDAQ CBTX)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  92 (Vote Outperform)
Underperform Votes:  98 (Vote Underperform)
Total Votes:  190
MarketBeat's community ratings are surveys of what our community members think about CBTX and other stocks. Vote "Outperform" if you believe CBTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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