How were Spirit of Texas Bancshares' earnings last quarter?

Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) announced its earnings results on Tuesday, October, 26th. The company reported $0.59 EPS for the quarter, missing analysts' consensus estimates of $0.62 by $0.03. The firm earned $31.39 million during the quarter, compared to the consensus estimate of $32.50 million. Spirit of Texas Bancshares had a trailing twelve-month return on equity of 11.21% and a net margin of 30.12%. During the same quarter in the prior year, the firm posted $0.41 earnings per share.

Is Spirit of Texas Bancshares a good dividend stock?

Spirit of Texas Bancshares (NASDAQ:STXB) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.88%. The dividend payout ratio is 20.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STXB will have a dividend payout ratio of 20.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for STXB .

What is Dean Bass' approval rating as Spirit of Texas Bancshares' CEO?

2 employees have rated Spirit of Texas Bancshares Chief Executive Officer Dean Bass on Glassdoor.com . Dean Bass has an approval rating of 43% among the company's employees. This puts Dean Bass in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Spirit of Texas Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit of Texas Bancshares investors own include AbbVie (ABBV) , Caterpillar (CAT) , Dollar General (DG) , Enterprise Products Partners (EPD) , Energy Transfer (ET) , Gilead Sciences (GILD) , Marathon Petroleum (MPC) , Netflix (NFLX) , Occidental Petroleum (OXY) and Pfizer (PFE) .

When did Spirit of Texas Bancshares IPO?

Spirit of Texas Bancshares (STXB) raised $40 million in an IPO on Friday, May 4th 2018. The company issued 1,900,000 shares at $20.00-$22.00 per share. Stephens and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO and Piper Jaffray and Sandler O’Neill + Partners were co-managers.

NASDAQ:STXB

Spirit of Texas Bancshares (STXB) Stock Price, News & Analysis

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Today's Range: $25.18
▼
$25.75
50-Day Range: $25.55
▼
$28.87
52-Week Range: $21.50
▼
$31.75

Volume: 1.25 million shs
Average Volume: 95,438 shs
Market Capitalization: $446.00 million

P/E Ratio: 10.74
Dividend Yield: 1.88%
Price Target: N/A

Stock Analysis

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About Spirit of Texas Bancshares Stock (NASDAQ:STXB)

Spirit of Texas Bancshares, Inc. operates as the bank holding company for Spirit of Texas Bank SSB that provides various commercial and retail banking services. It offers checking, money market, savings, and individual retirement accounts, as well as various certificates of deposit. The company also provides commercial and industrial loans; 1-4 single family residential real estate loans; construction, land, and development loans; commercial real estate loans, such as owner and nonowner-occupied commercial real estate loans, multifamily loans, and farmland loans; consumer loans and leases; and municipal and other loans. In addition, it offers a range of ancillary banking services, including treasury management services, consumer and commercial online banking services, mobile applications, safe deposit boxes, wire transfer services, debit cards, and ATM access. Further, it provides credit card processing and co-branded credit card services; and invests in U.S. Treasury bills and notes, as well as in securities of federally sponsored agencies, such as Federal Home Loan Bank bonds. As of February 26, 2022, it had 35 locations in the Houston, Dallas/Fort Worth, Bryan/College Station, Austin, San Antonio-New Braunfels, Corpus Christi, Austin, and Tyler metropolitan areas, as well as offices in North Central and South Texas. The company serves individuals, professionals, small and medium-sized businesses, and commercial companies. Spirit of Texas Bancshares, Inc. was incorporated in 2008 and is headquartered in Conroe, Texas.

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STXB Stock News Headlines

April 14, 2024 | msn.com

Texas Tech spirit program earns another national title

March 30, 2024 | msn.com

Texas attorney general investigating Spirit AeroSystems, asking about diversity

April 19, 2024 | InvestorPlace (Ad)

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March 29, 2024 | msn.com

Texas Attorney General Ken Paxton launches investigation into Boeing parts supplier, requests DEI documents

March 29, 2024 | msn.com

Texas attorney general investigating Spirit AeroSystems; diversity part of inquiry

March 29, 2024 | msn.com

Texas attorney general launches probe of key Boeing parts supplier

March 29, 2024 | msn.com

Texas AG announces investigation into Boeing parts supplier over safety concerns

March 13, 2024 | msn.com

East Texas Symphony Orchestra to perform ‘Totality of the Sun’ eclipse concert

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March 7, 2024 | msn.com

As their neighbors fled, these Texas volunteer firefighters raced toward the flames

March 1, 2024 | msn.com

Boeing confirms it's in talks to buy Spirit AeroSystems, its key supplier on the troubled 737 Max

February 24, 2024 | msn.com

Spirit Airlines ending service to and from Manchester-Boston Regional Airport in May

February 24, 2024 | msn.com

Texas Public Safety Commission honors exceptional service at annual awards ceremony

February 23, 2024 | msn.com

Meet Austin FC's 1st honorary mascot of the season

February 23, 2024 | msn.com

How is Texas' DEI ban at universities affecting schools? Lawmakers, UT students talk SB 17

February 8, 2024 | msn.com

Spirit Airlines says its liquidity ‘should be more than adequate’ for its cash-flow goal

January 29, 2024 | msn.com

What UT lost with SB 17: American-Statesman's guide to changes due to Texas' anti-DEI law

January 24, 2024 | msn.com

‘The silent issue’: Texas’ water problem and the path to solutions

January 18, 2024 | msn.com

Spirit Airlines shares sink on report of examining financial challenges

January 17, 2024 | msn.com

Texas ‘book ban’ law blocked by 5th Circuit Appeals Court

December 28, 2023 | msn.com

Spirit fanatics camped out at Spec’s for days to buy limited-edition bourbon

December 23, 2023 | msn.com

All-female East Texas riding team Texas Spirit Riders take rodeo world by storm

December 20, 2023 | msn.com

In the Christmas spirit? Your guide to festive attractions across Texas

November 15, 2023 | msn.com

As Texas lawmakers consider a school voucher bill, protesters call on them to vote it down

November 9, 2023 | msn.com

Texas Book Festival to delight 50k attendees this weekend

November 9, 2023 | msn.com

Which roads will be closed for Texas Book Festival, Veterans Day Parade?

November 1, 2023 | msn.com

Richardson’s huge CityLine campus sells in one of biggest deals of 2023

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Company Calendar

Last Earnings: 10/26/2021
Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State Commercial Banks
Sub-Industry: N/A
Current Symbol: NASDAQ:STXB
CUSIP: N/A
CIK: 1499453
Web: www.sotb.com
Phone: (936) 521-1836
Fax: N/A
Employees: 363
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.38
Trailing P/E Ratio: 10.74
Forward P/E Ratio: 11.56
P/E Growth: N/A
Net Income: $42.05 million
Net Margins: 30.12%
Pretax Margin: 37.77%
Return on Equity: 11.21%
Return on Assets: 1.35%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 0.94
Quick Ratio: 0.94

Sales & Book Value

Annual Sales: $139.60 million
Price / Sales: 3.19
Cash Flow: $3.04 per share
Price / Cash Flow: 8.41
Book Value: $22.78 per share
Price / Book: 1.12

Miscellaneous

Outstanding Shares: 17,456,000
Free Float: 13,050,000
Market Cap: $446.00 million
Optionable: Not Optionable
Beta: 0.94

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Key Executives

Mr. Dean O. Bass (Age 71)
Chairman & CEO
Comp: $1.05M
Mr. David M. McGuire (Age 58)
Pres & Director
Comp: $1.02M
Ms. Allison S. Johnson (Age 37)
Exec. VP & CFO
Comp: $419.68k
Mr. Jerry D. Golemon (Age 66)
Exec. VP, COO & Sec.
Comp: $421.77k
Mr. Edward Poole (Age 41)
Sr. VP & Chief Accounting Officer

Key Competitors

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STXB Stock Analysis - Frequently Asked Questions

How were Spirit of Texas Bancshares' earnings last quarter?: Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) announced its earnings results on Tuesday, October, 26th. The company reported $0.59 EPS for the quarter, missing analysts' consensus estimates of $0.62 by $0.03. The firm earned $31.39 million during the quarter, compared to the consensus estimate of $32.50 million. Spirit of Texas Bancshares had a trailing twelve-month return on equity of 11.21% and a net margin of 30.12%. During the same quarter in the prior year, the firm posted $0.41 earnings per share.
Is Spirit of Texas Bancshares a good dividend stock?: Spirit of Texas Bancshares (NASDAQ:STXB) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.88%. The dividend payout ratio is 20.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STXB will have a dividend payout ratio of 20.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STXB.
What is Dean Bass' approval rating as Spirit of Texas Bancshares' CEO?: 2 employees have rated Spirit of Texas Bancshares Chief Executive Officer Dean Bass on Glassdoor.com. Dean Bass has an approval rating of 43% among the company's employees. This puts Dean Bass in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Spirit of Texas Bancshares own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit of Texas Bancshares investors own include AbbVie (ABBV), Caterpillar (CAT), Dollar General (DG), Enterprise Products Partners (EPD), Energy Transfer (ET), Gilead Sciences (GILD), Marathon Petroleum (MPC), Netflix (NFLX), Occidental Petroleum (OXY) and Pfizer (PFE).
When did Spirit of Texas Bancshares IPO?: Spirit of Texas Bancshares (STXB) raised $40 million in an IPO on Friday, May 4th 2018. The company issued 1,900,000 shares at $20.00-$22.00 per share. Stephens and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO and Piper Jaffray and Sandler O’Neill + Partners were co-managers.

This page (NASDAQ:STXB) was last updated on 4/19/2024 by MarketBeat.com Staff

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Spirit of Texas Bancshares (STXB) Stock Price, News & Analysis

About Spirit of Texas Bancshares Stock (NASDAQ:STXB)

STXB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

STXB Stock Analysis - Frequently Asked Questions

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