Allegiance Bancshares Inc (ABTX) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 10, 2020
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Allegiance Bancshares Inc (ABTX, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Allegiance Bancshares Inc is a bank holding company. The company through its subsidiary provides diversified commercial banking services to Houston metropolitan area-based small to medium-sized businesses and individual customers. Allegiance Bancshares Inc has a market cap of $580.920 million; its shares were traded at around $28.29 with a P/E ratio of 11.41 and P/S ratio of 3.19. The dividend yield of Allegiance Bancshares Inc stocks is 0.34%. GuruFocus has detected 1 severe warning sign with Allegiance Bancshares Inc. .

For the last quarter Allegiance Bancshares Inc reported a revenue of $47.9 million, compared with the revenue of $48.17 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $193.0 million, an increase of 41.6% from last year. For the complete 30-year financial data, please go here.. For the last five years Allegiance Bancshares Inc had an average revenue growth rate of 27% a year.

The reported diluted earnings per share was $2.47 for the year, an increase of 4.2% from previous year. Over the last five years Allegiance Bancshares Inc had an EPS growth rate of 23.9% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Allegiance Bancshares Inc has the cash and cash equivalents of $346.2 million, compared with $268.9 million in the previous year. The long term debt was $107.8 million, compared with $48.9 million in the previous year. Allegiance Bancshares Inc has a financial strength rank of 4 (out of 10).

Directors and Officers Recent Trades:

  • Director Roland L. Williams sold 2,000 shares of ABTX stock on 03/06/2020 at the average price of $31.89. The price of the stock has decreased by 11.29% since.
  • Director Roland L. Williams sold 2,000 shares of ABTX stock on 02/28/2020 at the average price of $33.23. The price of the stock has decreased by 14.87% since.
  • Director Roland L. Williams sold 2,000 shares of ABTX stock on 02/21/2020 at the average price of $37.58. The price of the stock has decreased by 24.72% since.
  • Director Roland L. Williams sold 2,000 shares of ABTX stock on 02/14/2020 at the average price of $38.04. The price of the stock has decreased by 25.63% since.

For the complete 20-year historical financial data of ABTX, click here.