Recap: Allegiance Bancshares Q4 Earnings

Shares of Allegiance Bancshares ABTX remained unaffected after the company reported Q4 results.

Quarterly Results

Earnings per share rose 14.93% over the past year to $0.77, which beat the estimate of $0.71.

Revenue of $56,921,000 rose by 18.77% year over year, which beat the estimate of $55,890,000.

Guidance

Allegiance Bancshares hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jan 28, 2021

Time: 10:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/abtx/mediaframe/42980/indexr.html

Price Action

52-week high: $38.95

Company's 52-week low was at $20.88

Price action over last quarter: Up 23.25%

Company Description

Allegiance Bancshares Inc is a Texas-based 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. Its objective is to grow and strengthen its community banking franchise by deploying its super-community banking strategy and by pursuing select strategic acquisitions in the Houston metropolitan area. The company offers business checking and loans, money market accounts, treasury management, certificates of deposit, and ebanking.