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

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$31.78 -0.36 (-1.12 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$32.14
Today's Range$31.19 - $32.45
52-Week Range$27.00 - $38.71
Volume46,500 shs
Average Volume86,932 shs
Market Capitalization$844.53 million
P/E Ratio23.11
Dividend Yield0.61%
BetaN/A
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

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CBTX
Previous Symbol
CUSIPN/A
Phone713-210-7600

Debt

Debt-to-Equity Ratio0.01
Current Ratio1.01
Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio23.11
Forward P/E Ratio17.56
P/E GrowthN/A

Sales & Book Value

Annual Sales$130.86 million
Price / Sales6.30
Cash Flow$1.4505 per share
Price / Cash Flow21.91
Book Value$17.82 per share
Price / Book1.78

Profitability

EPS (Most Recent Fiscal Year)$1.39
Net Income$27.57 million
Net Margins24.61%
Return on Equity8.53%
Return on Assets1.25%

Miscellaneous

Employees462
Outstanding Shares25,960,000
Market Cap$844.53 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, September 20th. Shareholders of record on Monday, October 1st will be paid a dividend of $0.05 per share on Monday, October 15th. This represents a $0.20 annualized dividend and a yield of 0.63%. The ex-dividend date of this dividend is Friday, September 28th. View CBTX's Dividend History.

How were CBTX's earnings last quarter?

CBTX Inc (NASDAQ:CBTX) released its quarterly earnings results on Thursday, October, 25th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.06. The company had revenue of $35.05 million for the quarter. CBTX had a net margin of 24.61% and a return on equity of 8.53%. View CBTX's Earnings History.

When is CBTX's next earnings date?

CBTX is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for CBTX.

What price target have analysts set for CBTX?

2 brokerages have issued 12-month price targets for CBTX's shares. Their predictions range from $35.00 to $37.00. On average, they expect CBTX's share price to reach $36.00 in the next twelve months. This suggests a possible upside of 13.3% 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?

Media coverage about CBTX stock has been trending somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. CBTX earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the immediate 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 63)
  • Mr. John Pat Parsons, Vice Chairman (Age 69)
  • Mr. Robert T. Pigott Jr., CPA, CFO & Advisory Director (Age 63)
  • Mr. James L. Sturgeon, Investor Relations (Age 67)

When did CBTX IPO?

(CBTX) raised $60 million in an initial public offering 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) 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 variety of of institutional and retail investors. Top institutional investors include King Luther Capital Management Corp (4.93%), BlackRock Inc. (4.16%), Vanguard Group Inc. (2.43%), Vanguard Group Inc (2.43%), Stieven Capital Advisors L.P. (0.82%) and Bank of New York Mellon Corp (0.26%). 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 major investors are selling CBTX stock?

CBTX stock was sold by a variety of institutional investors in the last quarter, including Stieven Capital Advisors L.P., GSA Capital Partners LLP, Sfmg LLC and TIAA CREF Investment Management LLC. View Insider Buying and Selling for CBTX.

Which major investors are buying CBTX stock?

CBTX stock was purchased by a variety of institutional investors in the last quarter, including King Luther Capital Management Corp, Vanguard Group Inc, Vanguard Group Inc., BlackRock Inc., Chicago Equity Partners LLC, Allianz Asset Management GmbH, Panagora Asset Management Inc. and JPMorgan Chase & Co.. 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 $31.78.

How big of a company is CBTX?

CBTX has a market capitalization of $844.53 million and generates $130.86 million in revenue each year. The company earns $27.57 million in net income (profit) each year or $1.39 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:  2.5 out of 5 (star star half star)
Outperform Votes:  87 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  176
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 12/14/2018 by MarketBeat.com Staff

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