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Allegiance Bancshares, Inc. (ABTX)

NASDAQ: ABTX · Delayed Price · USD
36.84 1.15 (3.22%)
Sep 23, 2021 4:00 PM EDT - Market closed
Market Cap721.47M
Revenue (ttm)223.31M
Net Income (ttm)73.05M
Shares Out20.21M
EPS (ttm)3.58
PE Ratio10.29
Forward PE12.67
Dividend$0.44 (1.19%)
Ex-Dividend DateAug 30, 2021
Volume49,010
Open36.12
Previous Close35.69
Day's Range36.12 - 37.21
52-Week Range21.30 - 43.07
Beta1.09
AnalystsHold
Price Target41.75 (+13.3%)
Est. Earnings DateOct 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...

IndustryBanks
IPO DateOct 8, 2015
Employees598
Stock ExchangeNASDAQ
Ticker SymbolABTX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$41.75
(13.33% upside)
Analyst Consensus: Hold

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.

4 weeks ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Zacks Investment Research

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...

2 months ago - GlobeNewsWire

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?

4 months ago - Zacks Investment Research

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

5 months ago - Zacks Investment Research

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...

Other symbols:BYFCEBMTINBK
5 months ago - Benzinga

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).

5 months ago - Zacks Investment Research

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...

5 months ago - GlobeNewsWire

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).

6 months ago - Zacks Investment Research

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.

Other symbols:EOGJACKMESA
6 months ago - Zacks Investment Research

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 ...

7 months ago - GlobeNewsWire

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

7 months ago - Seeking Alpha

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?

7 months ago - Zacks Investment Research

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...

7 months ago - GlobeNewsWire

Top Ranked Momentum Stocks to Buy for January 11th

Top Ranked Momentum Stocks to Buy for January 11th

Other symbols:BCCCLWNX
8 months ago - Zacks Investment Research

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...

8 months ago - GlobeNewsWire

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.

8 months ago - Zacks Investment Research

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).

Other symbols:BNTXBOKFBWFGFHBIBCP
9 months ago - Zacks Investment Research

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.

10 months ago - Zacks Investment Research

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.

10 months ago - Zacks Investment Research