NASDAQ:CBTX

CBTX (CBTX) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$29.01
$32.92
52-Week Range
N/A
Volume
5.32 million shs
Average Volume
133,848 shs
Market Capitalization
$717.24 million
P/E Ratio
19.76
Dividend Yield
1.78%
Price Target
N/A
CBTX stock logo

About CBTX Stock (NASDAQ:CBTX)

CBTX, Inc. operates as the bank holding company for CommunityBank of Texas, National Association that provides commercial banking products and services to small and mid-sized businesses, and professionals in the United States. The company offers demand, money market, savings, and time deposit accounts, as well as certificates of deposit; commercial and industrial, commercial real estate, construction and development, 1-4 family residential mortgage, multi-family residential, consumer, and agricultural loans; and treasury and online banking services. It operates through 34 banking locations, including 18 branches in Houston; 15 branches in Beaumont; and one branch in Dallas. The company was formerly known as CBFH, Inc. and changed its name to CBTX, Inc. in September 2017. CBTX, Inc. was incorporated in 2007 and is headquartered in Beaumont, Texas.

CBTX Stock News Headlines

KBW Sticks to Their Hold Rating for Stellar Bancorp (STEL)
CBTX Inc.
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
Stellar Bancorp (STEL) Gets a Hold from KBW
Hongkong Land Holdings Ltd H78
Piper Sandler Sticks to Its Buy Rating for Stellar Bancorp (STEL)
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
Himatsingka Seide Ltd (HMSD)
Sagicor Financial Company Ltd (SFC)
Stellar Bancorp, Inc. Reports Fourth Quarter 2022 Results
See More Headlines
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Company Calendar

Last Earnings
10/26/2021
Today
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National Commercial Banks
Sub-Industry
N/A
Current Symbol
NASDAQ:CBTX
Fax
N/A
Employees
506
Year Founded
N/A

Profitability

Net Income
$35.60 million
Pretax Margin
29.97%

Debt

Sales & Book Value

Annual Sales
$148.36 million
Book Value
$22.87 per share

Miscellaneous

Free Float
18,138,000
Market Cap
$717.24 million
Optionable
Not Optionable
Beta
0.91
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Key Executives

  • Mr. Robert R. Franklin Jr. (Age 67)
    Chairman, Pres & CEO
    Comp: $1.66M
  • Mr. Robert T. Pigott Jr. (Age 67)
    CPA, Sr. EVP, CFO & Advisory Director
    Comp: $504.78k
  • Mr. James L. Sturgeon (Age 71)
    Investor Relations Officer
  • Mr. Justin M. Long Esq. (Age 47)
    Sr. EVP, Corp. Sec. & Gen. Counsel
  • Mr. Joe F. West (Age 67)
    Sr. EVP & CCO
  • Mr. Travis L. Jaggers (Age 73)
    Pres of CommunityBank of Texas N.A.

CBTX Stock Analysis - Frequently Asked Questions

How were CBTX's earnings last quarter?

CBTX, Inc. (NASDAQ:CBTX) announced its earnings results on Tuesday, October, 26th. The company reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.22. The business had revenue of $36.81 million for the quarter, compared to the consensus estimate of $35.20 million. CBTX had a net margin of 23.56% and a trailing twelve-month return on equity of 6.60%. During the same period last year, the firm posted $0.26 earnings per share.

Is CBTX a good dividend stock?

CBTX (NASDAQ:CBTX) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.78%. The dividend payout ratio is 35.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBTX will have a dividend payout ratio of 16.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CBTX.

What other stocks do shareholders of CBTX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CBTX investors own include Wells Fargo & Company (WFC), Tapestry (TPR), Tesla (TSLA), West Japan Railway (WJRYY), Laredo Petroleum (LPI), Contango Oil & Gas (MCF), Spirit AeroSystems (SPR), Block (SQ), AbbVie (ABBV) and Enterprise Products Partners (EPD).

When did CBTX IPO?

CBTX (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.

This page (NASDAQ:CBTX) was last updated on 5/2/2024 by MarketBeat.com Staff

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