Allegiance Bancshares (ABTX) Stock Price, News & Analysis

Company Overview

Allegiance Bancshares, Inc. operates as the bank holding company for Allegiance Bank that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and individual customers. It accepts deposit products, including checking accounts, commercial accounts, money market accounts, savings accounts, and other time deposits; and certificates of deposit. The company's loan portfolio comprises commercial and industrial loans; commercial real estate loans, including multi-family residential loans; commercial real estate construction and land development loans; residential real estate loans, such as 1-4 family residential mortgage loans; residential construction loans; and consumer and other loans. In addition, it offers automated teller machine services, drive-through services, and depository facilities; mobile banking services; and telephone, mail, and Internet banking services. Further, the company provides safe deposit boxes, debit cards, cash management and wire transfer services, night depository services, direct deposits, cashier's checks, and letters of credit. As of December 31, 2021, it operated 27 full-service banking locations, including 26 bank offices in the Houston metropolitan area and one office in Beaumont. The company was founded in 2007 and is headquartered in Houston, Texas.

Key Stats

• Today's Range: $41.21 to $42.52
• 50-Day Range: $41.27 to $44.37
• 52-Week Range: $37.04 to $46.96
• Volume: 104,389 shs
• Average Volume: 80,659 shs
• Market Capitalization: $830.93 million
• P/E Ratio: 11.25
• Dividend Yield: 1.35%
• Price Target: N/A
• Consensus Rating: N/A

ABTX Stock Analysis - Frequently Asked Questions

How were Allegiance Bancshares' earnings last quarter?

Allegiance Bancshares, Inc. (NASDAQ:ABTX) released its earnings results on Wednesday, October, 27th. The bank reported $0.93 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by $0.07. The bank earned $60.27 million during the quarter, compared to analysts' expectations of $60.20 million. Allegiance Bancshares had a net margin of 28.90% and a trailing twelve-month return on equity of 9.86%.

What other stocks do shareholders of Allegiance Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Allegiance Bancshares investors own include Meta Platforms (META), JPMorgan Chase & Co. (JPM), M&T Bank (MTB), Occidental Petroleum (OXY), PayPal (PYPL), Adobe (ADBE) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 10/27/2021
• Today: 1/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State Commercial Banks
• Sub-Industry: N/A
• Current Symbol: NASDAQ:ABTX
• CUSIP: N/A
• CIK: 1642081
• Web: www.allegiancebank.com
• Phone: (281) 894-3200
• Fax: 281-894-0019
• Employees: 594
• Year Founded: 2007

Profitability

• EPS (Most Recent Fiscal Year): $3.70
• Trailing P/E Ratio: 11.25
• Forward P/E Ratio: 14.06
• P/E Growth: N/A
• Net Income: $81.55 million
• Net Margins: 28.90%
• Pretax Margin: 35.53%
• Return on Equity: 9.86%
• Return on Assets: 1.09%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.77
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $261.75 million
• Price / Sales: 3.17
• Cash Flow: $4.76 per share
• Price / Cash Flow: 8.75
• Book Value: $40.32 per share
• Price / Book: 1.03

Miscellaneous

• Outstanding Shares: 19,960,000
• Free Float: 18,794,000
• Market Cap: $830.93 million
• Optionable: Not Optionable
• Beta: 0.90