CBTX (CBTX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: N/A
• 50-Day Range: $29.01 to $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
• Consensus Rating: N/A

CBTX Stock Analysis - Frequently Asked Questions

How were CBTX's earnings last quarter?

CBTX, Inc. (NASDAQ:CBTX) released its quarterly earnings results on Tuesday, October, 26th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.37 by $0.22. The business had revenue of $36.81 million for the quarter, compared to analysts' expectations of $35.20 million. CBTX had a net margin of 23.56% and a trailing twelve-month return on equity of 6.60%.

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.

What other stocks do shareholders of CBTX own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CBTX investors own include Tesla (TSLA), Wells Fargo & Company (WFC), Citigroup (C), Danaher (DHR), Tapestry (TPR), Exxon Mobil (XOM) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 10/26/2021
• Today: 11/02/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National Commercial Banks
• Sub-Industry: N/A
• Current Symbol: NASDAQ:CBTX
• CUSIP: N/A
• CIK: 1473844
• Web: www.communitybankoftx.com
• Phone: (713) 210-7600
• Fax: N/A
• Employees: 506
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.48
• Trailing P/E Ratio: 19.76
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $35.60 million
• Net Margins: 23.56%
• Pretax Margin: 29.97%
• Return on Equity: 6.60%
• Return on Assets: 0.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.93
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $148.36 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 16.77
• Book Value: $22.87 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 24,521,000
• Free Float: 18,138,000
• Market Cap: $717.24 million
• Optionable: Not Optionable
• Beta: 0.91