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

Company Overview

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.

Key Stats

• Today's Range: $25.18 to $25.75
• 50-Day Range: $25.55 to $28.87
• 52-Week Range: $21.50 to $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
• Consensus Rating: N/A

STXB Stock Analysis - Frequently Asked Questions

How were Spirit of Texas Bancshares' earnings last quarter?

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

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.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Spirit of Texas Bancshares investors own include M&T Bank (MTB), B2Gold (BTG), Freeport-McMoRan (FCX), Gilead Sciences (GILD), Meta Platforms (META), Netflix (NFLX) and AT&T (T).

Company Calendar

• Last Earnings: 10/26/2021
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024

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