Altabancorp (ALTA)
| Market Cap | 775.14M |
| Revenue (ttm) | 127.85M |
| Net Income (ttm) | 44.53M |
| Shares Out | 18.88M |
| EPS (ttm) | 2.34 |
| PE Ratio | 17.76 |
| Forward PE | 18.45 |
| Dividend | $0.62 (1.49%) |
| Ex-Dividend Date | Aug 6, 2021 |
| Volume | 330,440 |
| Open | 40.72 |
| Previous Close | 40.40 |
| Day's Range | 40.64 - 41.80 |
| 52-Week Range | 18.41 - 47.60 |
| Beta | 0.94 |
| Analysts | Buy |
| Price Target | 44.33 (+6.6%) |
| Est. Earnings Date | Oct 27, 2021 |
About ALTA
Altabancorp operates as the bank holding company for Altabank, a state-chartered bank that provides retail and commercial banking products and services. The company accepts checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit. It also offers commercial real estate, residential mortgage, commercial and industrial, home equity and improvement, automobile, debt consolidation, general consumer, and small business association loans, as well as construction, acqu...
Financial Performance
In 2020, Altabancorp's revenue was $123.40 million, an increase of 4.48% compared to the previous year's $118.10 million. Earnings were $43.50 million, a decrease of -1.85%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for Altabancorp stock is "Buy." The 12-month stock price forecast is 44.33, which is an increase of 6.64% from the latest price.
News
Altabancorp (ALTA) Q2 Earnings and Revenues Surpass Estimates
Altabancorp (ALTA) delivered earnings and revenue surprises of 24.07% and 1.08%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Altabancorp™ Reports Second Quarter 2021 Financial Results
AMERICAN FORK, Utah--(BUSINESS WIRE)--Altabancorp™ (Nasdaq: ALTA) (the “Company” or “ALTA”), the parent company of Altabank™, reported net income of $12.7 million for the second quarter of 2021, compare...
Analysts Estimate Altabancorp (ALTA) to Report a Decline in Earnings: What to Look Out for
Altabancorp (ALTA) 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.
AltabancorpTM Schedules Second Quarter Earnings Release Date
AMERICAN FORK, Utah--(BUSINESS WIRE)--AltabancorpTM (Nasdaq: ALTA) announced that it will report its second quarter 2021 financial results on Wednesday, July 28, 2021 after the market closes. The Compan...
Are You Looking for a Top Momentum Pick? Why Altabancorp (ALTA) is a Great Choice
Does Altabancorp (ALTA) have what it takes to be a top stock pick for momentum investors? Let's find out.
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates XOG, ALTA, MMAC, XEC, MNR; Shareholders are Encouraged to Contact th...
NEW YORK, May 25, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Extraction Oil & Gas, Inc. (NASDAQ: XOG) concerning po...
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Altabancorp - ALTA
NEW YORK, May 21, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action...
ALTABANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy ...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Altabancorp (Nasda...
Altabancorp (ALTA) Soars 10%: Is Further Upside Left in the Stock?
Altabancorp (ALTA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
SHAREHOLDER ALERT: WeissLaw LLP Investigates Altabancorp
NEW YORK, May 19, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Altabancorp ("ALTA" or the "Company") (N...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Altabancorp
NEW YORK, May 19, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Altabancorp (NASDAQ: ALTA) and its board of directors concerning the proposed acquisition o...
Glacier Bancorp (GBCI) to Buy Altabancorp (ALTA) for $933.5M
Glacier Bancorp's (GBCI) latest deal to acquire Altabancorp (ALTA) will further solidify the company's presence in the Utah market.
Altabancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Altabancorp Is Fa...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Altabancorp (NASDAQ: ALTA) to Glacier Bancorp, Inc. is fair to Altabancorp shareholde...
AltabancorpTM Announces Acquisition by Glacier Bancorp, Inc.
AMERICAN FORK, UTAH--(BUSINESS WIRE)--AltabancorpTM (Nasdaq: ALTA) (the “Company” or “Alta”) announced today the signing of a definitive agreement with Glacier Bancorp, Inc. (“Glacier” or the “Company”)...
Altabancorp (ALTA) Q1 Earnings Match Estimates
Altabancorp (ALTA) delivered earnings and revenue surprises of 0.00% and -4.00%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Altabancorp™ Reports First Quarter 2021 Financial Results
AMERICAN FORK, Utah--(BUSINESS WIRE)--Altabancorp™ (Nasdaq: ALTA) (the “Company” or “Alta”), the parent company of Altabank™, reported net income of $9.4 million for the first quarter of 2021, compared ...
Altabancorp (ALTA) Expected to Beat Earnings Estimates: Should You Buy?
Altabancorp (ALTA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Altabancorp™ Schedules First Quarter Earnings Release Date and Conference Call
AMERICAN FORK, Utah--(BUSINESS WIRE)--Altabancorp™ (Nasdaq: ALTA) announced that it will report its first quarter 2021 financial results on Wednesday, April 28, 2021 after the market closes. Management ...
Strength Seen in Altabancorp (ALTA): Can Its 5.4% Jump Turn into More Strength?
Altabancorp (ALTA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Altabancorp™ Comments on Gunther Family 13D Group Statements
AMERICAN FORK, Utah--(BUSINESS WIRE)--Altabancorp™ (Nasdaq: ALTA) (the “Company” or “ALTA”), the parent company of Altabank™, issued the following statement in response to the proxy materials filed by t...
How Altabancorp (ALTA) Stock Stands Out in a Strong Industry
Altabancorp (ALTA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Altabancorp's (ALTA) CEO Len Williams on Q4 2020 Results - Earnings Call Transcript
Altabancorp's (ALTA) CEO Len Williams on Q4 2020 Results - Earnings Call Transcript
Altabancorp (ALTA) Q4 Earnings and Revenues Beat Estimates
Altabancorp (ALTA) delivered earnings and revenue surprises of 7.41% and 2.35%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Altabancorp™ Reports Fourth Quarter and Year-End 2020 Results
AMERICAN FORK, Utah--(BUSINESS WIRE)--AltabancorpTM (Nasdaq: ALTA) (the “Company” or “Alta”), the parent company of AltabankTM, reported net income of $11.1 million for the fourth quarter of 2020, compa...
Altabancorp™ Board Confirms Receipt of Letter From Gunther Family 13D Group
AMERICAN FORK, Utah--(BUSINESS WIRE)--Altabancorp™ (Nasdaq: ALTA) (the “Company” or “Alta”), the parent company of Altabank™, confirmed that its Board of Directors has received a letter (“Letter”) from ...