Allegiance Bancshares, Inc. (ABTX)
| Market Cap | 721.47M |
| Revenue (ttm) | 223.31M |
| Net Income (ttm) | 73.05M |
| Shares Out | 20.21M |
| EPS (ttm) | 3.58 |
| PE Ratio | 10.29 |
| Forward PE | 12.67 |
| Dividend | $0.44 (1.19%) |
| Ex-Dividend Date | Aug 30, 2021 |
| Volume | 49,010 |
| Open | 36.12 |
| Previous Close | 35.69 |
| Day's Range | 36.12 - 37.21 |
| 52-Week Range | 21.30 - 43.07 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 41.75 (+13.3%) |
| Est. Earnings Date | Oct 28, 2021 |
About ABTX
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 also grants various loan products, which include commercial and industrial loans; commercial real estate loans, including multi-family re...
Financial Performance
In 2020, ABTX's revenue was $183.47 million, a decrease of -1.90% compared to the previous year's $187.02 million. Earnings were $45.53 million, a decrease of -14.02%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for ABTX stock is "Hold." The 12-month stock price forecast is 41.75, which is an increase of 13.33% from the latest price.
News
Why Allegiance (ABTX) Stock Might be a Great Pick
Allegiance (ABTX) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Allegiance Bancshares (ABTX) Tops Q2 Earnings and Revenue Estimates
Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of 20.43% and 0.18%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Allegiance Bancshares, Inc. Reports Record Results for the Second Quarter 2021
HOUSTON, July 29, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (Allegiance), the holding company of Allegiance Bank (the "Bank"), today reported record net income of $22.9 million...
Allegiance Bancshares, Inc. Declares Common Stock Dividends
HOUSTON, Tx., July 23, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, announced the Board of Directors of Allegiance declared...
Allegiance Bancshares (ABTX) Earnings Expected to Grow: Should You Buy?
Allegiance Bancshares (ABTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Allegiance Bancshares, Inc. Announces Second Quarter 2021 Earnings Release and Conference Call Date
HOUSTON, July 06, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today announced that it will hold a conference call to discu...
Allegiance Bancshares (ABTX) Q1 Earnings and Revenues Beat Estimates
Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of 7.23% and 0.12%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Allegiance Bancshares, Inc. Reports First Quarter 2021 Record Results
HOUSTON, April 29, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (Allegiance), the holding company of Allegiance Bank (the "Bank"), today reported record net income of $18.0 millio...
Allegiance Bancshares, Inc. Announces New Director, Declaration of Dividend and Share Repurchase Authorization
HOUSTON, April 23, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, announced the addition of Mr. Raimundo Riojas A. to Allegia...
Allegiance Bancshares (ABTX) Reports Next Week: Wall Street Expects Earnings Growth
Allegiance Bancshares (ABTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is Now The Time To Buy These 4 Under-The-Radar Bank Stocks?
Bank stocks, admittedly, are not the sexiest investment vehicle. After all, with Coinbase Global Inc (NASDAQ:COIN) and Dogecoin (CRYPTO: DOGE) monopolizing investor chatter, bank stocks seem so very yes...
Allegiance Bancshares (ABTX) Moves to Buy: Rationale Behind the Upgrade
Allegiance Bancshares (ABTX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Allegiance Bancshares, Inc. Announces First Quarter 2021 Earnings Release and Conference Call Date
HOUSTON, April 07, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today announced that it will hold a conference call to disc...
Allegiance Bancshares' (ABTX) Shares March Higher, Can It Continue?
As of late, it has definitely been a great time to be an investor in Allegiance Bancshares (ABTX).
5 Economically-Sensitive Cyclical Stocks to Buy for Big Upside
As investors shift focus toward cyclical stocks poised to benefit from economic recovery, investing in stocks like L Brands (LB), Mesa Air Group (MESA) & EOG Resources (EOG) seems prudent.
Allegiance Bancshares, Inc. Announces the Appointment of Jon-Al Duplantier as Director
HOUSTON, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, announced the addition of Jon-Al Duplantier to Allegiance's ...
Allegiance Bancshares, Inc. (ABTX) CEO Steve Retzloff on Q4 2020 Results - Earnings Call Transcript
Allegiance Bancshares, Inc. (ABTX) CEO Steve Retzloff on Q4 2020 Results - Earnings Call Transcript
Allegiance Bancshares (ABTX) Q4 Earnings and Revenues Top Estimates
Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of 8.45% and 3.24%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Allegiance Bancshares, Inc. Reports Fourth Quarter and Full Year 2020 Results
HOUSTON, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (Allegiance), the holding company of Allegiance Bank (the "Bank"), today reported net income of $15.9 million and di...
Top Ranked Momentum Stocks to Buy for January 11th
Top Ranked Momentum Stocks to Buy for January 11th
Allegiance Bancshares, Inc. Announces Fourth Quarter 2020 Earnings Release and Conference Call Date
HOUSTON, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today announced that it will hold a conference call to discu...
Allegiance Bancshares (ABTX) Upgraded to Strong Buy: What Does It Mean for the Stock?
Allegiance Bancshares (ABTX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
5 Bank Stocks to Gain Amid Potential Economic Recovery
Low mortgage rates, falling provisions, vaccine news and hopes of stimulus aid bode well for banks, making it wise to invest in names like BOK Financial (BOKF) and First Hawaiian (FHB).
Moving Average Crossover Alert: Allegiance Bancshares (ABTX)
Allegiance Bancshares (ABTX) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Why Allegiance Bancshares (ABTX) Stock Might be a Great Pick
Allegiance Bancshares (ABTX) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.