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 headquartered in Beaumont, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:CBTX
CUSIPN/A
Phone713-210-7600
Debt
Debt-to-Equity Ratio0.01
Current Ratio1.00
Quick Ratio1.00
Price-To-Earnings
Trailing P/E Ratio24.06
Forward P/E Ratio20.65
P/E GrowthN/A
Sales & Book Value
Annual Sales$130.86 million
Price / Sales6.63
Cash Flow$1.4887 per share
Price / Cash22.47
Book Value$17.82 per share
Price / Book1.88
Profitability
EPS (Most Recent Fiscal Year)$1.39
Net Income$27.57 million
Net Margins22.27%
Return on Equity8.17%
Return on Assets1.12%
Miscellaneous
Employees462
Outstanding Shares25,950,000
Market Cap$865.84
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, June 21st. Shareholders of record on Monday, July 2nd will be paid a dividend of $0.05 per share on Monday, July 16th. This represents a $0.20 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Friday, June 29th. View CBTX's Dividend History.
How were CBTX's earnings last quarter?
CBTX Inc (NASDAQ:CBTX) posted its quarterly earnings data on Thursday, April, 26th. The company reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by $0.01. The business earned $32.40 million during the quarter. CBTX had a net margin of 22.27% and a return on equity of 8.17%. View CBTX's Earnings History.
What is the consensus analysts' recommendation for CBTX?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBTX in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of CBTX's key competitors?
Some companies that are related to CBTX include Community Bank System (CBU), First Financial Bancorp (FFBC), Fulton Financial (FULT), Old National Bancorp (ONB), Simmons First National (SFNC), Washington Federal (WAFD), FCB Financial (FCB), First Midwest Bancorp (FMBI), Centerstate Bank (CSFL), Cadence Bancorp (CADE), Hope Bancorp (HOPE), Trustmark (TRMK), First Merchants (FRME), WesBanco (WSBC) and BancFirst (BANF).
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 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) served as the underwriters for the IPO and Sandler O'Neill + Partners, L.P. was co-manager.
Has CBTX been receiving favorable news coverage?
Headlines about CBTX stock have been trending somewhat positive this week, according to Accern. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CBTX earned a daily sentiment score of 0.21 on Accern's scale. They also assigned news coverage about the company an impact score of 44.77 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are CBTX's major shareholders?
CBTX's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Callahan Advisors LLC (0.18%). Company insiders that own CBTX stock include J Pat Parsons, R T Pigott Jr, Tommy W Lott and Tracy Oneil. View Institutional Ownership Trends for CBTX.
Which major investors are selling CBTX stock?
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 $33.45.
How big of a company is CBTX?
CBTX has a market capitalization of $865.84 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.
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.
