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 offers various deposit products, including demand, savings, money market, and time accounts; and loans, such as commercial and industrial loans, commercial real estate loans, construction and development loans, 1-4 family residential mortgage loans, multi-family residential loans, consumer loans, and agricultural loans.
Read More…
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryN/A
SectorFinance
Phone713-210-7600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$172.02 million
Profitability
Miscellaneous
Employees495
Next Earnings Date5/5/2020 (Estimated)
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 declared a quarterly dividend on Wednesday, December 18th. Stockholders of record on Thursday, January 2nd will be given a dividend of $0.10 per share on Wednesday, January 15th. This represents a $0.40 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Tuesday, December 31st. View CBTX's Dividend History.
How were CBTX's earnings last quarter?
CBTX Inc (NASDAQ:CBTX) posted its quarterly earnings data on Wednesday, January, 29th. The company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. The business had revenue of $37.50 million for the quarter. CBTX had a return on equity of 9.86% and a net margin of 29.37%. View CBTX's Earnings History.
When is CBTX's next earnings date?
What price target have analysts set for CBTX?
1 equities research analysts have issued 1-year target prices for CBTX's stock. Their forecasts range from $31.00 to $31.00. On average, they expect CBTX's share price to reach $31.00 in the next year. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for CBTX.
What is the consensus analysts' recommendation for CBTX?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBTX in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CBTX.
What are Wall Street analysts saying about CBTX stock?
Here are some recent quotes from research analysts about CBTX stock:
- 1. According to Zacks Investment Research, "CBTX, Inc. is a bank holding company. It provides personal and commercial banking, real estate loans, and investment services as well as offers deposits, debit and credit cards, cash management, treasury, and online banking services. CBTX, Inc. is based in TX, United States. " (1/9/2020)
- 2. Stephens analysts commented, "We’re pleased to see CBTX announce a share repurchase authorization of $40 million that could potentially return a portion of the Bank’s excess capital to shareholders (current TCE of 13.0%). Our lowered EPS forecast assumes operating expenses remain elevated due to the ongoing FinCEN investigation through mid-2020, although we have very limited visibility on this timeline. Our $31 price target represents a 16x multiple on our 2020 EPS forecast of $1.91." (7/30/2019)
Has CBTX been receiving favorable news coverage?
News articles about CBTX stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. CBTX earned a news impact score of -4.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for CBTX.
Are investors shorting CBTX?
CBTX saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 76,000 shares, a drop of 5.1% from the January 15th total of 80,100 shares. Based on an average daily trading volume, of 41,500 shares, the short-interest ratio is currently 1.8 days. Approximately 0.4% of the company's stock are sold short. View CBTX's Current Options Chain.
Who are some of CBTX's key competitors?
Some companies that are related to CBTX include Centerstate Bank (CSFL), Fulton Financial (FULT), Washington Federal (WAFD), First Financial Bancorp (FFBC), Simmons First National (SFNC), First Merchants (FRME), First Midwest Bancorp (FMBI), Cadence Bancorp (CADE), WSFS Financial (WSFS), Trustmark (TRMK), BancFirst (BANF), WesBanco (WSBC), Hope Bancorp (HOPE), Westamerica Bancorporation (WABC) and NBT Bancorp (NBTB).
What other stocks do shareholders of CBTX own?
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 Officer (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 a price of $24.00-$26.00 per share. Stephens and Keefe, Bruyette & Woods (A Stifel Company) acted 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 many different of institutional and retail investors. Top institutional shareholders include King Luther Capital Management Corp (4.91%), State Street Corp (1.53%), Geode Capital Management LLC (0.94%), Bank of New York Mellon Corp (0.57%), Renaissance Technologies LLC (0.49%) and Mendon Capital Advisors Corp (0.44%). 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 RMB Capital Management LLC, Chicago Equity Partners LLC, Raymond James Financial Services Advisors Inc., New York State Common Retirement Fund, Bank of America Corp DE, Mendon Capital Advisors Corp, Credit Suisse AG and Swiss National Bank. View Insider Buying and Selling for CBTX.
Which institutional investors are buying CBTX stock?
CBTX stock was purchased by a variety of institutional investors in the last quarter, including STA Wealth Management LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, E&G Advisors LP, State Street Corp, California Public Employees Retirement System, Goldman Sachs Group Inc. and National Asset Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is CBTX's stock price today?
One share of CBTX stock can currently be purchased for approximately $28.42.
How big of a company is CBTX?
CBTX has a market capitalization of $739.49 million and generates $172.02 million in revenue each year. The company earns $50.52 million in net income (profit) each year or $2.02 on an earnings per share basis. CBTX employs 495 workers across the globe.View Additional Information About CBTX.
What is CBTX's official website?
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)
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.
