NASDAQ:STXB - Spirit of Texas Bancshares Stock Price, News, & Analysis

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$20.75 +0.05 (+0.24 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$20.70
Today's Range$20.50 - $20.96
52-Week Range$16.70 - $23.53
Volume28,549 shs
Average Volume22,009 shs
Market Capitalization$252.69 million
P/E Ratio19.76
Dividend YieldN/A
BetaN/A
Spirit of Texas Bancshares, Inc. operates as the holding company for Spirit of Texas Bank SSB that provides various commercial and retail banking services to small and medium-sized businesses and individuals. It offers checking accounts, money market accounts, savings accounts, certificates of deposit, and IRA accounts, 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-occupied commercial real estate loans, other commercial real estate loans, and multifamily loans and farmland; consumer loans and leases; and municipal and other loans. In addition, it offers debit and credit cards, safe deposit boxes, wire transfer and treasury management services, and online banking 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. The company operates through a network of 15 full-service branches located in the Houston, Dallas/Fort Worth, and Bryan/College Station metropolitan areas, the United States. Spirit of Texas Bancshares, Inc. was founded in 2008 and is headquartered in Conroe, Texas.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:STXB
CUSIPN/A
Phone936-521-1836

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$67.83 million
Cash Flow$1.3448 per share

Profitability

Net Income$9.98 million

Miscellaneous

EmployeesN/A
Market Cap$252.69 million
Next Earnings Date5/30/2019 (Estimated)
OptionableNot Optionable

Spirit of Texas Bancshares (NASDAQ:STXB) Frequently Asked Questions

What is Spirit of Texas Bancshares' stock symbol?

Spirit of Texas Bancshares trades on the NASDAQ under the ticker symbol "STXB."

How were Spirit of Texas Bancshares' earnings last quarter?

Spirit of Texas Bancshares Inc (NASDAQ:STXB) announced its quarterly earnings data on Wednesday, January, 30th. The company reported $0.33 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.02. The firm earned $16.89 million during the quarter, compared to the consensus estimate of $16.10 million. Spirit of Texas Bancshares had a return on equity of 7.99% and a net margin of 14.71%. View Spirit of Texas Bancshares' Earnings History.

When is Spirit of Texas Bancshares' next earnings date?

Spirit of Texas Bancshares is scheduled to release their next quarterly earnings announcement on Thursday, May 30th 2019. View Earnings Estimates for Spirit of Texas Bancshares.

What price target have analysts set for STXB?

3 equities research analysts have issued 1 year price targets for Spirit of Texas Bancshares' stock. Their forecasts range from $20.30 to $26.00. On average, they anticipate Spirit of Texas Bancshares' stock price to reach $23.7667 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for Spirit of Texas Bancshares.

What is the consensus analysts' recommendation for Spirit of Texas Bancshares?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit of Texas Bancshares in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit of Texas Bancshares.

Has Spirit of Texas Bancshares been receiving favorable news coverage?

Media headlines about STXB stock have been trending somewhat negative on Saturday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Spirit of Texas Bancshares earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the near term.

Who are some of Spirit of Texas Bancshares' key competitors?

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 First Western Financial (MYFW), Dollar General (DG), Brookline Bancorp (BRKL), BioCryst Pharmaceuticals (BCRX), Broadcom (AVGO), AmeriServ Financial (ASRV), Lancashire (LRE), Hunting (HTG), Amino Technologies (AMO) and Alfa Financial Software (ALFA).

Who are Spirit of Texas Bancshares' key executives?

Spirit of Texas Bancshares' management team includes the folowing people:
  • Mr. Dean O. Bass, Chairman & CEO (Age 68)
  • Mr. David M. McGuire, Pres & Director (Age 55)
  • Mr. Jeffrey A. Powell, Exec. VP & CFO (Age 61)
  • Mr. Jerry D. Golemon, Exec. VP & COO (Age 62)

When did Spirit of Texas Bancshares IPO?

(STXB) raised $40 million in an initial public offering (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.

Who are Spirit of Texas Bancshares' major shareholders?

Spirit of Texas Bancshares' stock is owned by many different of institutional and retail investors. Top institutional shareholders include RMB Capital Management LLC (9.47%), BlackRock Inc. (4.68%), Banc Funds Co. LLC (1.48%), Creative Planning (1.06%), Geode Capital Management LLC (1.06%) and Geode Capital Management LLC (1.06%). Company insiders that own Spirit of Texas Bancshares stock include Akash J Patel, David M Mcguire, Jerry D Golemon, Leo T Metcalf III, Robert S Beall, Steven M Morris and Thomas C Sooy. View Institutional Ownership Trends for Spirit of Texas Bancshares.

Which institutional investors are selling Spirit of Texas Bancshares stock?

STXB stock was sold by a variety of institutional investors in the last quarter, including Gerber Kawasaki Wealth & Investment Management. View Insider Buying and Selling for Spirit of Texas Bancshares.

Which institutional investors are buying Spirit of Texas Bancshares stock?

STXB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., RMB Capital Management LLC, Creative Planning, Geode Capital Management LLC, Geode Capital Management LLC, Northern Trust Corp, Bank of New York Mellon Corp and Cullen Frost Bankers Inc.. Company insiders that have bought Spirit of Texas Bancshares stock in the last two years include Akash J Patel, David M Mcguire, Jerry D Golemon, Leo T Metcalf III, Robert S Beall, Steven M Morris and Thomas C Sooy. View Insider Buying and Selling for Spirit of Texas Bancshares.

How do I buy shares of Spirit of Texas Bancshares?

Shares of STXB 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 Spirit of Texas Bancshares' stock price today?

One share of STXB stock can currently be purchased for approximately $20.75.

How big of a company is Spirit of Texas Bancshares?

Spirit of Texas Bancshares has a market capitalization of $252.69 million and generates $67.83 million in revenue each year. The company earns $9.98 million in net income (profit) each year or $1.05 on an earnings per share basis.

What is Spirit of Texas Bancshares' official website?

The official website for Spirit of Texas Bancshares is http://www.sotb.com.

How can I contact Spirit of Texas Bancshares?

Spirit of Texas Bancshares' mailing address is 1836 SPIRIT OF TEXAS WAY, CONROE TX, 77301. The company can be reached via phone at 936-521-1836 or via email at [email protected]


MarketBeat Community Rating for Spirit of Texas Bancshares (NASDAQ STXB)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  47 (Vote Underperform)
Total Votes:  97
MarketBeat's community ratings are surveys of what our community members think about Spirit of Texas Bancshares and other stocks. Vote "Outperform" if you believe STXB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STXB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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