Allegiance Bancshares, Inc. (ABTX) CEO Steven Retzloff on Q1 2022 Results - Earnings Call Transcript
- Allegiance Bancshares, Inc. (NASDAQ:ABTX ) Q1 2022 Results Conference Call April 29, 2022 10:00 AM ET Company Participants Courtney Theriot - Chief Accounting Officer Steven Retzloff - Chief Executive Officer Ramon Vitulli - President and CEO of Allegiance Bank Paul Egge - EVP and Chief Financial Officer Conference Call Participants Brad Milsaps - Piper Sandler Matt Olney - Stephens Operator Good day, and thank you for standing by. Welcome to the Q1 2022 Allegiance Bancshares, Inc. Earnings Conference Call.
- 04/30/2022
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Allegiance Bancshares (ABTX) Q1 Earnings and Revenues Surpass Estimates
- Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of 8.33% and 2.52%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/29/2022
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Allegiance Bancshares, Inc. Announces First Quarter 2022 Earnings Release and Conference Call Date
- HOUSTON, April 07, 2022 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today announced that it will hold a conference call to discuss its first quarter 2022 results on Friday, April 29, 2022, at 9:00 a.m. Central (10:00 a.m. Eastern). The conference call will be hosted by Steve Retzloff, Chief Executive Officer; Ray Vitulli, President; and Paul Egge, Chief Financial Officer. The related earnings release will be issued prior to the market opening on Friday, April 29, 2022, and will also be available on the Investor Relations section of Allegiance's website at www.allegiancebank.com, under News and Events – News.
- 04/07/2022
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ALLEGIANCE BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Allegiance Bancshares, Inc. - ABTX
- 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 Allegiance Bancshares, Inc. (NasdaqGM: ABTX) to CBTX, Inc. (NasdaqGS: CBTX). Under the terms of the proposed transaction, shareholders of Allegiance will receive 1.4184 shares of CBTX for each share of Allegiance that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgm-abtx/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
- 03/10/2022
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Is Allegiance Bancshares (ABTX) Outperforming Other Finance Stocks This Year?
- Here is how Allegiance Bancshares (ABTX) and BankFinancial (BFIN) have performed compared to their sector so far this year.
- 02/08/2022
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Allegiance Bancshares, Inc. (ABTX) CEO Steven Retzloff on Q4 2021 Results - Earnings Call Transcript
- Allegiance Bancshares, Inc. (ABTX) CEO Steven Retzloff on Q4 2021 Results - Earnings Call Transcript
- 01/28/2022
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Allegiance Bancshares (ABTX) Surpasses Q4 Earnings and Revenue Estimates
- Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of 9.28% and 1.04%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 01/28/2022
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Allegiance Bancshares (ABTX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- 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.
- 01/21/2022
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Allegiance Bancshares, Inc. Announces Fourth Quarter 2021 Earnings Release and Conference Call Date
- HOUSTON, Jan. 07, 2022 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today announced that it will hold a conference call to discuss its fourth quarter and year-end 2021 results on Friday, January 28, 2022, at 9:00 a.m. Central (10:00 a.m. Eastern). The conference call will be hosted by Steve Retzloff, Chief Executive Officer; Ray Vitulli, President; and Paul Egge, Chief Financial Officer. The related earnings release will be issued prior to the market opening on Friday, January 28, 2022, and will also be available on the Investor Relations section of Allegiance's website at www.allegiancebank.com, under News and Events – News.
- 01/07/2022
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New Strong Sell Stocks for January 5th
- ABTX, BIG, and DEN have been added to the Zacks Rank #5 (Strong Sell) List on January 5, 2022
- 01/05/2022
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SHAREHOLDER ALERT: WeissLaw LLP Reminds IHC, NE, ABTX, and MDP Shareholders About Its Ongoing Investigations
- NEW YORK, Nov. 17, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Independence Holding Company (NYSE: IHC) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Independence Holding Company (NYSE: IHC) in connection with the proposed acquisition of the company by Geneve Holdings, Inc. Under the terms of the acquisition agreement, the company's shareholders will receive $57.00 per share in cash for each share of IHC common stock that they hold.
- 11/17/2021
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Allegiance Bancshares Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Allegiance Bancshares, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – ABTX
- NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Allegiance Bancshares, Inc. (NASDAQ: ABTX) to CBTX, Inc. is fair to Allegiance shareholders. Under the terms of the merger agreement, Allegiance shareholders will receive 1.4184 shares of CBTX common stock for each share of Allegiance common stock they own. Upon closing of the merger, Allegiance shareholders will own approximately 54% of the combined company. Halper Sadeh encourages Allegiance shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Allegiance and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Allegiance shareholders; (2) determine whether CBTX is underpaying for Allegiance; and (3) disclose all material information necessary for Allegiance shareholders to adequately assess and value the merger consideration. On behalf of Allegiance shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. Halper Sadeh encourages Allegiance shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome.
- 11/08/2021
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Allegiance Bancshares, Inc. (ABTX) CEO Steve Retzloff on Q3 2021 Results - Earnings Call Transcript
- Allegiance Bancshares, Inc. (ABTX) CEO Steve Retzloff on Q3 2021 Results - Earnings Call Transcript
- 10/30/2021
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Allegiance Bancshares, Inc. Announces Third Quarter 2021 Earnings Release and Conference Call Date
- HOUSTON, Oct. 12, 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 discuss its third quarter 2021 results on Thursday, October 28, 2021, at 9:00 a.m. Central (10:00 a.m. Eastern). The conference call will be hosted by Steve Retzloff, Chief Executive Officer; Ray Vitulli, President; and Paul Egge, Chief Financial Officer. The related earnings release will be issued prior to the market opening on Thursday, October 28, 2021, and will also be available on the Investor Relations section of Allegiance's website at www.allegiancebank.com, under News and Events – News.
- 10/12/2021
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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.
- 08/26/2021
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Allegiance Bancshares, Inc. (ABTX) CEO Steve Retzloff on Q2 2021 Results - Earnings Call Transcript
- Allegiance Bancshares, Inc. (ABTX) CEO Steve Retzloff on Q2 2021 Results - Earnings Call Transcript
- 07/31/2021
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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?
- 07/29/2021
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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 and diluted earnings per share of $1.12 for the second quarter 2021 compared to net income of $9.9 million and diluted earnings per share of $0.48 for the second quarter 2020. Net income for the six months ended June 30, 2021 was $40.9 million, or $2.01 per diluted share, compared to $13.4 million, or $0.65 per diluted share, for the six months ended June 30, 2020. The second quarter and six months ended June 30, 2021 results were primarily due to a recapture of provision for credit losses and increased net interest income driven by lower funding costs.
- 07/29/2021
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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 a cash dividend of $0.12 per share to be paid on September 15, 2021 to shareholders of record as of August 31, 2021.
- 07/23/2021
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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 discuss its second quarter 2021 results on Thursday, July 29, 2021, at 9:00 a.m. Central (10:00 a.m. Eastern). The conference call will be hosted by Steve Retzloff, Chief Executive Officer; Ray Vitulli, President; and Paul Egge, Chief Financial Officer. The related earnings release will be issued prior to the market opening on Thursday, July 29, 2021, and will also be available on the Investor Relations section of Allegiance's website at www.allegiancebank.com, under News and Events – News.
- 07/06/2021
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Allegiance Bancshares, Inc. (ABTX) CEO Steve Retzloff on Q1 2021 Results - Earnings Call Transcript
- Allegiance Bancshares, Inc. (ABTX) CEO Steve Retzloff on Q1 2021 Results - Earnings Call Transcript
- 05/01/2021
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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?
- 04/29/2021
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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 Allegiance's Board of Directors. Mr. Riojas also will serve on Allegiance's Compensation Committee. “I am very pleased that Mr. Riojas has agreed to join our Board as he brings extensive international and leadership experience that will be a tremendous asset,” said George Martinez, Chairman of Allegiance.
- 04/23/2021
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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 discuss its first quarter 2021 results on Thursday, April 29, 2021, at 9:00 a.m. Central (10:00 a.m. Eastern). The conference call will be hosted by Steve Retzloff, Chief Executive Officer; Ray Vitulli, President; and Paul Egge, Chief Financial Officer. The related earnings release will be issued prior to the market opening on Thursday, April 29, 2021, and will also be available on the Investor Relations section of Allegiance's website at www.allegiancebank.com, under News and Events – News.
- 04/07/2021
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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).
- 03/15/2021
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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.
- 03/15/2021
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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 Board of Directors. “I am pleased that Jon-Al has agreed to join our Board as he brings deep corporate governance and leadership experience that will be a tremendous asset,” said George Martinez, Chairman of Allegiance.
- 01/29/2021
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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
- 01/28/2021
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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 diluted earnings per share of $0.77 for the fourth quarter 2020 compared to net income of $14.0 million and diluted earnings per share of $0.67 for the fourth quarter 2019. Net income for the year ended December 31, 2020 was $45.5 million, or $2.22 per diluted share, compared to $53.0 million, or $2.47 per diluted share, for the year ended December 31, 2019. The year ended December 31, 2020 results were primarily impacted by the increased provision for credit losses in response to COVID-19-related uncertainties in the current economic environment partially offset by increased net interest income.
- 01/28/2021
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Top Ranked Momentum Stocks to Buy for January 11th
- Top Ranked Momentum Stocks to Buy for January 11th
- 01/11/2021
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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 discuss its fourth quarter and year-end 2020 results on Thursday, January 28, 2021, at 9:00 a.m. Central (10:00 a.m. Eastern). The conference call will be hosted by Steve Retzloff, Chief Executive Officer; Ray Vitulli, President; and Paul Egge, Chief Financial Officer. The related earnings release will be issued prior to the market opening on Thursday, January 28, 2021, and will also be available on the Investor Relations section of Allegiance's website at www.allegiancebank.com, under News and Events – News.
- 01/04/2021
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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.
- 12/31/2020
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Allegiance Bancshares, Inc. Reports Third Quarter 2020 Results
- HOUSTON, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (Allegiance), the holding company of Allegiance Bank (the "Bank"), today reported net income of $16.2 million and diluted earnings per share of $0.79 for the third quarter 2020 compared to net income of $12.0 million and diluted earnings per share of $0.57 for the third quarter 2019. Net income for the nine months ended September 30, 2020 was $29.6 million, or $1.44 per diluted share, compared to $39.0 million, or $1.81 per diluted share, for the nine months ended September 30, 2019. The three months ended September 30, 2020 results were primarily due to increased net interest income partially offset by write-downs of other real estate of $1.9 million. The nine months ended September 30, 2020 results were primarily impacted by the increased provision for loan losses in response to COVID-19-related uncertainties in the current economic environment partially offset by increased net interest income.
- 10/29/2020
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Investing Strategies to Play If Republican Trump Is Re-elected
- Stocks Analysis by Zacks Investment Research covering: S&P 500, Goldman Sachs Group Inc, Dover Corporation, Exxon Mobil Corp. Read Zacks Investment Research's latest article on Investing.com
- 10/13/2020
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Allegiance Bancshares, Inc. (ABTX) CEO Steven Retzloff on Q2 2020 Results - Earnings Call Transcript
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Allegiance Bancshares (ABTX) Surpasses Q2 Earnings and Revenue Estimates
- Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of 92.00% and 4.26%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/30/2020
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Allegiance Bancshares, Inc. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Allegiance Bancshares, Inc. in conjunction with their 2020 Q2 earnings call..
- 07/30/2020
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Allegiance Bancshares: Q2 Earnings Insights
- Shares of Allegiance Bancshares (NASDAQ:ABTX) were flat in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 27.27% year over year to $0.48, which beat the estimate of $0.24.Revenue of $52,409,000 rose by 6.06% year over year.Looking Ahead Allegiance Bancshares hasn't issued any earnings guidance for the time being.Allegiance Bancshares hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Jul 30, 2020View more earnings on ABTXTime: 10:00 AMET Webcast URL: https://78449.choruscall.com/dataconf/productusers/abtx/mediaframe/39322/indexr.htmlRecent Stock Performance Company's 52-week high was at $38.95Company's 52-week low was at $20.88Price action over last quarter: down 3.96%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.See more from Benzinga * Recap: Tradeweb Markets Q2 Earnings * Dunkin Brands Group: Q2 Earnings Insights * Recap: Pitney Bowes Q2 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/30/2020
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Allegiance Bancshares, Inc. Reports Second Quarter 2020 Results
- * Record net interest income of $50.8 million, representing 12.9% growth from the first quarter of 2020 * Funded over 5,800 loans totaling in excess of $695 million within the Small Business Administration Paycheck Protection Program under the Coronavirus Aid, Relief and Economic Security Act (CARES Act) through June 30, 2020 * Net interest margin remained strong at 4.10% for the second quarter 2020 * Declared quarterly dividend of $0.10 per share of common stock * Opened de novo branch in the historic East End of Houston on July 27, 2020HOUSTON, July 30, 2020 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (Allegiance), the holding company of Allegiance Bank (the "Bank"), today reported net income of $9.9 million and diluted earnings per share of $0.48 for the second quarter 2020 compared to net income of $14.2 million and diluted earnings per share of $0.66 for the second quarter 2019. Net income for the six months ended June 30, 2020 was $13.4 million, or $0.65 per diluted share, compared to $26.9 million, or $1.24 per diluted share, for the six months ended June 30, 2019. The second quarter and six months ended June 30, 2020 results were primarily driven by the increased provision for loan losses in response to COVID-19-related uncertainties in the current economic environment partially offset by increased net interest income. "We are pleased with our second quarter 2020 earnings performance, especially in light of the impact of the coronavirus on our economy," said Steve Retzloff, Allegiance’s Chief Executive Officer. “Allegiance finished the quarter on a solid foundation of record pre-tax, pre-provision earnings, strong capital ratios, and a great liquidity position. We believe that we are well-positioned in light of today’s economic uncertainties and remain a strong resource for those we serve,” commented Retzloff.“Our team of extraordinary bankers and small business lenders worked tirelessly around the clock to deploy the SBA’s Paycheck Protection Program ('PPP') to support our small business community. I am incredibly proud of the Bank’s ability to deliver on our commitment to help our customers - all while making many changes to how and where we all work. Allegiance reinforces the unique and valuable role a community bank offers to the businesses it serves as our bankers helped our customers and new borrowers secure funding for over 5,800 loans totaling over $695 million and will continue to do more until the PPP program expires. In turn, Allegiance collected a weighted average fee of 3.75% on the PPP loans to be recognized over the life of the loans. Allegiance was committed to supporting its customers from the start of the process and will continue to be committed throughout the entire forgiveness journey,” continued Retzloff.“As community bankers, we have a responsibility to support the health and welfare of our customers, communities and employees throughout this unprecedented time. Allegiance donated $150,000 and issued a $100,000 matching grant as well as committed volunteers to support the Houston Food Bank that will help provide one million meals across its Houston footprint. Small businesses are the mainstay of our business in the Houston region and we have been honored to serve their needs during this challenging economic environment. We continue to work diligently to build shareholder value by utilizing our strong capital position to support our customers and the communities we serve with outstanding customer service to keep Houston strong,” concluded Retzloff.Second Quarter 2020 ResultsNet interest income before the provision for loan losses in the second quarter 2020 increased $5.3 million, or 11.6%, to $50.8 million from $45.6 million for the second quarter 2019 and increased $5.8 million, or 12.9%, from $45.0 million in the first quarter 2020. These increases were primarily due to changes in the volume and relative mix of the underlying assets and liabilities, the impact of PPP loans as well as lower costs on interest-bearing liabilities. The net interest margin on a tax equivalent basis decreased 23 basis points to 4.10% for the second quarter 2020 from 4.33% for the second quarter 2019 and decreased 5 basis points from 4.15% for the first quarter 2020. Excluding the impact of acquisition accounting adjustments, adjusted net interest margin on a tax equivalent basis was 4.05% for the second quarter 2020 compared to 4.07% for the second quarter 2019 and 4.04% for the first quarter 2020. Adjusted net interest margin is a non-GAAP measure. Please refer to the non-GAAP reconciliation on page 11.Noninterest income for the second quarter 2020 was $1.6 million, a decrease of $2.3 million, or 59.4%, compared to $3.8 million for the second quarter 2019 and a decrease of $1.2 million, or 42.7%, compared to $2.7 million for the first quarter 2020. Noninterest income for the second quarter 2020, first quarter 2020 and second quarter 2019 included $93 thousand, $194 thousand and $846 thousand, respectively, of gains on the sale of securities. Second quarter 2020 noninterest income reflected lower transactional fee income, significantly lower correspondent bank rebates and included a loss on the sale of other real estate owned of $306 thousand.Noninterest expense for the second quarter 2020 decreased $301 thousand, or 1.0%, to $29.8 million from $30.1 million for the second quarter 2019 and decreased $2.6 million, or 8.1%, compared to the first quarter 2020. Noninterest expense for the first quarter 2020 included $2.2 million of other real estate write-downs.In the second quarter 2020, Allegiance’s efficiency ratio was 56.92% compared to 68.13% for the first quarter 2020 and 61.93% for the second quarter 2019. Second quarter 2020 annualized returns on average assets, average equity and average tangible equity were 0.71%, 5.51% and 8.32%, respectively, compared to 0.29%, 1.98% and 3.02%, respectively, for the first quarter 2020. Annualized returns on average assets, average equity and average tangible equity for the second quarter 2019 were 1.19%, 8.10% and 12.52%, respectively. Return on average tangible equity is a non-GAAP measure. Please refer to the non-GAAP reconciliation on page 11. Six Months Ended June 30, 2020 ResultsNet interest income before provision for loan losses for the six months ended June 30, 2020 increased $5.7 million, or 6.3%, to $95.9 million from $90.2 million for the six months ended June 30, 2019 primarily due to a $481.4 million, or 11.4%, increase in average interest-earning assets over the prior year, the impact of PPP loans as well as lower costs related to interest-bearing liabilities. The net interest margin on a tax equivalent basis decreased 20 basis points to 4.12% for the six months ended June 30, 2020 from 4.32% for the six months ended June 30, 2019. Excluding the impact of acquisition accounting adjustments, the adjusted net interest margin for the six months ended June 30, 2020 was 4.04%, compared to 4.05% for the six months ended June 30, 2019. Adjusted net interest margin is a non-GAAP measure. Please refer to the non-GAAP reconciliation on page 11.Noninterest income for the six months ended June 30, 2020 was $4.3 million, a decrease of $2.8 million, or 39.9%, compared to $7.1 million for the six months ended June 30, 2019 due primarily to significantly lower correspondent bank rebates and losses on the sales of other real estate owned of $375 thousand. Additionally, noninterest income for the first six months of 2020 and 2019 included $287 thousand and $846 thousand, respectively, of gains on the sale of securities. Noninterest expense for the six months ended June 30, 2020 increased $985 thousand, or 1.6%, to $62.2 million from $61.2 million for the six months ended June 30, 2019. The increase in noninterest expense over the six months ended June 30, 2019 was primarily due to $2.2 million of other real estate write-downs during the first quarter of 2020 partially offset by the decrease in merger-related expenses incurred during the first six months of 2019.Allegiance’s efficiency ratio decreased from 63.44% for the six months ended June 30, 2019 to 62.26% for the six months ended June 30, 2020. For the six months ended June 30, 2020, returns on average assets, average equity and average tangible equity were 0.51%, 3.76% and 5.70%, respectively, compared to 1.14%, 7.69% and 11.87%, respectively, for the six months ended June 30, 2019. Return on average tangible equity is a non-GAAP measure. Please refer to the non-GAAP reconciliation on page 11. Financial ConditionTotal assets at June 30, 2020 increased $834.5 million, or 66.7% (annualized), to $5.84 billion compared to $5.00 billion at March 31, 2020 and increased $1.04 billion, or 21.7%, compared to $4.79 billion at June 30, 2019, primarily due to the origination of PPP loans and growth in the securities portfolio.Total loans at June 30, 2020 increased $628.1 million, or 63.5% (annualized), to $4.58 billion compared to $3.96 billion at March 31, 2020 and increased $725.7 million, or 18.8%, compared to $3.86 billion at June 30, 2019, primarily due to the origination of $695.8 million of PPP loans and organic loan growth. Core loans, which exclude the mortgage warehouse portfolio and PPP loans, decreased $66.6 million, or 6.7% (annualized), to $3.89 billion at June 30, 2020 from $3.95 billion at March 31, 2020 and increased $76.1 million, or 2.0%, from $3.81 billion at June 30, 2019.Deposits at June 30, 2020 increased $747.1 million, or 75.6% (annualized), to $4.70 billion compared to $3.95 billion at March 31, 2020 and increased $840.1 million, or 21.8%, compared to $3.86 billion at June 30, 2019.Asset QualityNonperforming assets totaled $45.1 million, or 0.77% of total assets, at June 30, 2020, compared to $34.2 million, or 0.
- 07/30/2020
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Earnings Scheduled For July 30, 2020
- Companies Reporting Before The Bell
• Mastercard Inc. (NYSE:MA) is expected to report quarterly earnings at $1.16 per share on revenue of $3.23 billion.
• Moody's...
- 07/30/2020
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Allegiance Bancshares (NASDAQ:ABTX) Stock Rating Lowered by Zacks Investment Research
- Zacks Investment Research cut shares of Allegiance Bancshares (NASDAQ:ABTX) from a hold rating to a sell rating in a research note published on Friday, Zacks.com reports. According to Zacks, “Allegiance Bancshares, Inc. operates as a bank holding company. The Company offers banking products and services primarily to small and medium-sized businesses and individual customers, through […]
- 07/27/2020
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Stocks To Watch: Big Focus On Big Tech
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 07/25/2020
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Earnings Preview: Allegiance Bancshares (ABTX) Q2 Earnings Expected to Decline
- 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.
- 07/23/2020
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Victory Capital Management Inc. Sells 1,844 Shares of Allegiance Bancshares Inc (NASDAQ:ABTX)
- Victory Capital Management Inc. trimmed its stake in shares of Allegiance Bancshares Inc (NASDAQ:ABTX) by 37.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,030 shares of the bank’s stock after selling 1,844 shares during the quarter. Victory […]
- 07/05/2020
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Q2 2020 EPS Estimates for Allegiance Bancshares Inc Reduced by Piper Sandler (NASDAQ:ABTX)
- Allegiance Bancshares Inc (NASDAQ:ABTX) – Investment analysts at Piper Sandler decreased their Q2 2020 EPS estimates for Allegiance Bancshares in a research note issued to investors on Wednesday, July 1st. Piper Sandler analyst B. Milsaps now forecasts that the bank will earn $0.23 per share for the quarter, down from their prior estimate of $0.32. […]
- 07/03/2020
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Allegiance Bancshares, Inc. Announces Second Quarter 2020 Earnings Release and Conference Call Date
- HOUSTON, July 02, 2020 -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today announced that it will hold a conference call.
- 07/02/2020
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How Bank Guard Defrauded Unsuspecting ATM users - EFCC ⋆
- The Economic and Financial Crimes Commission (EFCC) says it has arrested a bank guard and two others who allegedly specialised in defrauding bank customers through
- 07/02/2020
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EFCC Arrests Bank Guard, 2 Others Over Alleged ATM Fraud In Benue State ⋆
- EFCC says it has arrested a bank guard and two others who allegedly specialised in defrauding bank customers through Automated Teller Machines (ATM) in Benue.
- 07/02/2020
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EFCC arrests bank security personnel, 2 others for fraud
- The operatives of the Makurdi zonal office of the Economic and Financial Crimes Commission (EFCC) has arrested three suspected fraudsters. EFCC claimed the suspects specialise in defrauding innocen…
- 07/02/2020
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Allegiance Bank and FHLB Dallas Award $21K to Help with Port Arthur Revitalization Project
- Allegiance Bank and FHLB Dallas award Legacy Community Development Corporation a $21K grant to help with revitalization project in Port Arthur.
- 06/25/2020
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Allegiance Bank and FHLB Dallas Award $34K Grant to the Credit Coalition
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Allegiance Bank and FHLB Dallas Award $34K Grant to the Credit Coalition
- Credit Coalition received a $34K grant from Allegiance Bank and FHLB Dallas to provide financial literacy to Houston homeowners.
- 06/24/2020
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One rape, many issues (2) - TheCable
- This expropriation of money belonging to individuals or corporate firms through non-violent means is as criminal as expropriation of sex through violence.
- 06/15/2020
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Do Hedge Funds Love Allegiance Bancshares, Inc. (ABTX)?
- The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
- 06/12/2020
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Small banks were boosted by the Payroll Protection Program. Will it last?
- Small banks added business customers by offering Payroll Protection Program loans. Can they keep them?
- 06/12/2020
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First Trust Advisors LP Sells 1,601 Shares of Allegiance Bancshares Inc (NASDAQ:ABTX)
- First Trust Advisors LP decreased its stake in Allegiance Bancshares Inc (NASDAQ:ABTX) by 13.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,104 shares of the bank’s stock after selling 1,601 shares during the period. First Trust Advisors LP’s […]
- 06/10/2020
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Is Allegiance Bancshares (ABTX) a Good Value Investor Choice?
- Let's see if Allegiance Bancshares (ABTX) stock is a good choice for value-oriented investors right now from multiple angles.
- 05/26/2020
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Is It Smart To Buy Allegiance Bancshares, Inc. (NASDAQ:ABTX) Before It Goes Ex-Dividend?
- Readers hoping to buy Allegiance Bancshares, Inc. (NASDAQ:ABTX) for its dividend will need to make their move shortly...
- 05/23/2020
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Banks’ earnings from e-transactions shrink in Q1 after CBN slashes charges on electronic channels - Businessday NG
- The policy by the Central Bank of Nigeria (CBN) that saw a downward review of bank charges has impacted the first quarter financials of tier-one banks as their earnings from electronic transactions dropped by N7 million, the first decline in decades. Nigeria’s biggest banks generated N32.19 billion from e-transactions in the first three months of […]
- 05/07/2020
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Oyo State Executive Council Approves Construction of 4 Ultra-modern Bus Terminals | BizWatchNigeria.Ng
- The Oyo State Executive Council has on Tuesday approved the award of the contract for the construction of four Ultramodern Bus Terminals
- 05/07/2020
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Analysts Just Made A Substantial Upgrade To Their Allegiance Bancshares, Inc. (NASDAQ:ABTX) Forecasts
- Allegiance Bancshares, Inc. (NASDAQ:ABTX) shareholders will have a reason to smile today, with the analysts making...
- 05/05/2020
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U.S. RESEARCH ROUNDUP-Berkshire Hathaway, DHT Holdings, Novo Nordisk
- Wall Street securities analysts revised their ratings and price targets on several
U.S.-listed companies, including Berkshire Hathaway, DHT Holdings and Novo Nordisk, on Monday.
HIGHLIGHTS
* Berkshire Hathaway Inc : KBW raises target price to $325,000 from $310,000
* CyrusOne Inc : Jefferies raises to buy from hold
* DHT Holdings Inc : Evercore ISI cuts to in line from outperform
* Frontline Ltd : Evercore ISI cuts to in line from outperform
* Novo Nordisk : Cowen and Company initiates with market perform, $72 target price
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. Stock entries are in
alphabetical order.
* 2U Inc : Barrington Research raises price target to $30 from $25
* Abbvie Inc : Mizuho raises target price to $101 from $100
* Abbvie Inc : RBC raises price target to $98 from $93
* Abbvie Inc : SVB Leerink raises target price to $107 from $103
* Activision Blizzard Inc : Credit Suisse raises target price to $79 from $69
* Allegiance Bancshares Inc : KBW raises target price to $32 from $31
* Allscripts Healthcare Solutions Inc : Cowen and Company cuts PT to $8 from $15
* Alteryx Inc : Rosenblatt Securities cuts price target to $115 from $145
* Amarin Corporation Plc : SVB Leerink raises target price to $9 from $7
* Amazon.Com Inc : Independent Research raises PT to $2900 from $2400; rating buy
* American Airlines : Citigroup cuts price target to $9 from $10
* American Tower Corp : Citigroup cuts price target to $266 from $280
* American Tower Corp : RBC raises target price to $261 from $240
* Angi Homeservices Inc : SunTrust Robinson cuts target price to $10 from $14
* Antero Midstream Corp : Citigroup cuts to neutral from buy; cuts PT to $4 from $7
* Apollo Global Management Inc : BMO raises target price to $43 from $39
* Apollo Global Management Inc : Citigroup cuts price target to $55 from $61
* Apollo Global Management Inc : Credit Suisse cuts target price to $44 from $45
* Apollo Global Management Inc : Evercore ISI raises target price to $43 from $41
* Apollo Global Management Inc : Jefferies raises target price to $45 from $44
* Apollo Global Management Inc : KBW cuts target price to $47 from $49
* Apollo Investment Corp : SunTrust Robinson cuts target price to $12 from $19
* Ardmore Shipping Corp : Evercore ISI cuts target price to $10 from $11
* Ares Capital Corp : SunTrust Robinson cuts target price to $15 from $20
* Arthur J Gallagher & Co : KBW cuts target price to $97 from $100
* Asgn Inc : BMO raises target price to $66 from $51
* Avadel Pharmaceuticals Plc : Piper Sandler raises target price to $18 from $14
* Bain Capital Specialty Finance Inc : Credit Suisse cuts PT to $15.50 from $20.50
* Balchem Corp : H.C. Wainwright cuts price target to $104 from $116
* Bank of America Corp : UBS raises price target to $21 from $20
* Bank of N.T. Butterfield & Son Ltd : KBW raises target price to $28 from $24
* Bank of N.T. Butterfield & Son Ltd : Raymond James raises PT to $24 from $20
* Bank7 Corp : Piper Sandler raises target price to $12 from $11
* Barings BDC Inc : Compass Point raises to buy from neutral
* Barings BDC Inc : KBW cuts target price to $8 from $8.5
* Bcb Bancorp Inc : D.A. Davidson cuts target price to $10 from $11
* Berkshire Hathaway Inc : KBW raises target price to $325,000 from $310,000
* Berkshire Hathaway Inc : UBS cuts target price to $350000 from $358000
* Berry Global Group Inc : Citigroup raises price target to $47 from $42
* Beyond Meat Inc : Jefferies raises target price to $83 from $72
* Big Lots Inc : Talsey Advisory Group raises to outperform from market perform
* Big Lots Inc : Telsey Advisory Group raises price target to $31 from $20
* Biomarin Pharmaceutical Inc : Wedbush cuts target price to $145 from $164
* Black Diamond Therapeutics Inc : HC Wainwright initiates at rating buy and $53 PT
* Bloomin' Brands Inc : MKM Partners raises target price to $13 from $11
* Booking Holdings Inc : Credit Suisse cuts target price to $1,790 from $1,870
* Brigham Minerals Inc : SunTrust Robinson cuts target price to $16 from $19
* Brookline Bancorp Inc : KBW cuts target price to $11 from $12
* Brooks Automation Inc : Stephens raises target price to $40 from $37
* Brunswick Corp : BMO raises target price to $37 from $34
* Brunswick Corp : Keybanc raises target price to $52 from $47
* Builders Firstsource Inc : Barclays raises target price to $19 from $16
* Builders Firstsource Inc : Benchmark cuts target price to $22 from $32
* Builders Firstsource Inc : BTIG cuts target price to $23 from $31
* Builders Firstsource Inc : D.A. Davidson raises target price to $22 from $20
* Builders Firstsource Inc : Evercore ISI raises target price to $21 from $15
* Builders Firstsource Inc : RBC raises target price to $20 from $15
* Builders Firstsource Inc : Stifel raises price target to $21 from $18
* Builders Firstsource Inc : SunTrust Robinson raises target price to $20 from $17
* Builders Firstsource Inc : Wedbush raises target price to $23 from $19
* Cabot Oil & Gas Corp : Piper Sandler cuts target price to $21 from $22
* Cabot Oil & Gas Corp : Susquehanna raises target price to $24 from $23
* Caci International Inc : JP Morgan raises target price to $270 from $220
* Callon Petroleum Co : Tudor Pickering Holt cuts to sell from hold
* Camping World Holdings Inc : Jefferies cuts target price to $8 from $12
* Carlyle Group Inc : Citigroup cuts price target to $33 from $34
* Carter Bank and Trust : Raymond James cuts target price to $10 from $13
* Carter'S Inc : Monness Crespi Hardt cuts target price to $100 from $115
* Charter Communications Inc : Cowen and Company raises PT to $597 from $593
* Charter Communications Inc : JP Morgan raises target price to $575 from $550
* Charter Communications Inc : Keybanc raises target price to $604 from $576
* Charter Communications Inc : Rosenblatt Securities raises PT to $620 from $600
* Charter Communications Inc : TD Securities raises price target to $560 from $515
* Cheniere Energy Inc : Scotiabank raises target price to $68 from $67
* Cheniere Energy Partners LP : Scotiabank raises target price to $33 from $32
* Chevron Corp : Citigroup raises price target to $85 from $65
* Chevron Corp : Cowen and Company raises target price to $90 from $88
* Chevron Corp : Credit Suisse raises target price to $100 from $81
* Chevron Corp : Jefferies raises target price to $100 from $90
* Chevron Corp : JP Morgan raises target price to $103 from $97
* Choice Hotels International Inc : UBS cuts price target to $89 from $100
* Choice Hotels International Inc : UBS raises to buy from neutral
* Cigna Corp : Bernstein cuts to market-perform from outperform
* Cigna Corp : Raymond James raises target price to $240 from $210
* Citigroup Inc : UBS raises price target to $64 from $50
* Citizens Financial Group Inc : UBS raises price target to $26 from $18
* Citizens Financial Group Inc : UBS raises to buy from neutral
* Clorox Co : Citigroup raises price target to $206 from $182
* Clorox Co : Credit Suisse raises target price to $180 from $172
* Clorox Co : UBS raises price target to $168 from $155
* CNX Midstream Partners LP : Citigroup cuts price target to $8 from $17
* CNX Midstream Partners LP : Citigroup cuts to neutral from buy
* Coastal Financial Corp (Everett) : KBW raises target price to $16 from $15
* Cognex Corp : Berenberg raises target price to $60 from $52
* Cognizant Technology Solutions Corp : BMO cuts to market perform from outperform
* Cognizant Technology Solutions Corp : BMO raises target price to $59 from $58
* Colgate-Palmolive Co : Citigroup cuts price target to $75 from $78
* Colgate-Palmolive Co : Stifel raises price target to $75 from $72
* Columbia Banking System Inc : KBW cuts target price to $34 from $37
* Community Bankers Trust Corp : Stephens cuts target price to $7.50 from $9
* Community Health Systems Inc : Oppenheimer cuts target price to $7 from $8
* Concho Resources Inc : MKM Partners cuts price target by $5 to $75
* Concho Resources Inc : Simmons Energy raises target price to $59 from $54
* Concho Resources Inc : TD Securities raises price target to $53 from $49
* Conocophillips : MKM Partners raises target price by $1 to $58
* Consolidated Communications Holdings Inc : Citigroup raises PT to $6 from $5
* Consolidated Communications Holdings Inc : Guggenheim raises PT to $4 from $3.
- 05/04/2020
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Allegiance Bancshares, Inc. Just Missed Earnings And Its EPS Looked Sad - But Analysts Have Updated Their Models
- It's been a good week for Allegiance Bancshares, Inc. (NASDAQ:ABTX) shareholders, because the company has just...
- 05/03/2020
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Allegiance Bancshares (ABTX) Q1 2020 Earnings Call Transcript
- Ladies and gentlemen, thank you for standing by, and welcome to the first-quarter 2020 Allegiance Bancshares, Inc. earnings conference call. This morning's earnings call will be led by Steve Retzloff, CEO of the company; Ray Vitulli, president of the company and CEO of Allegiance Bank; Paul Egge, executive vice president and CFO; Okan Akin, executive vice president and chief risk officer of the company and president of Allegiance Bank; and Shanna Kuzdzal, executive vice president and general counsel.
- 05/01/2020
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The Attractive Combination That Could Earn Allegiance Bancshares, Inc. (NASDAQ:ABTX) A Place In Your Dividend Portfolio
- Today we'll take a closer look at Allegiance Bancshares, Inc. (NASDAQ:ABTX) from a dividend investor's perspective...
- 05/01/2020
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Edited Transcript of ABTX earnings conference call or presentation 30-Apr-20 2:00pm GMT
- Q1 2020 Allegiance Bancshares Inc Earnings Call
- 05/01/2020
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Edited Transcript of ABTX earnings conference call or presentation 30-Apr-20 2:00pm GMT
- Q1 2020 Allegiance Bancshares Inc Earnings Call
- 04/30/2020
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Allegiance Bancshares: 1Q Earnings Snapshot
- HOUSTON (AP) _ Allegiance Bancshares Inc. (ABTX) on Thursday reported first-quarter net income of $3.5 million. The bank, based in Houston, said it had earnings of 17 cents per share. The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. The bank holding company posted revenue of $60.2 million in the period. Its revenue net of interest expense was $47.8 million, topping Street forecasts. Three analysts surveyed by Zacks expected $46.2 million. Allegiance Bancshares shares have decreased 26% since the beginning of the year. The stock has dropped 21% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABTX at https://www.zacks.com/ap/ABTX
- 04/30/2020
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Allegiance Bancshares: 1Q Earnings Snapshot
- HOUSTON (AP) _ Allegiance Bancshares Inc. (ABTX) on Thursday reported first-quarter net income of $3.5 million.
The bank, based in Houston, said it had earnings of 17 cents per share.
The results fell short of Wall Street expectations. The average es
- 04/30/2020
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Allegiance Bancshares: Q1 Earnings Insights
- Shares of Allegiance Bancshares (NASDAQ:ABTX) fell 1.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share fell 70.69% year over...
- 04/30/2020
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Allegiance Bancshares reports Q1 EPS 17c, consensus 35c ABTX
- Allegiance Bancshares reports Q1 EPS 17c, consensus 35c ABTX
- 04/30/2020
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Allegiance Bancshares, Inc. Reports First Quarter 2020 Results
- Promptly supported customers, employees and community with proactive response to the COVID-19 pandemic Approved more than 3,500 loans in excess of $640 million within the Small.
- 04/30/2020
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Allegiance Bancshares (NASDAQ:ABTX) Upgraded by BidaskClub to "Sell"
- Allegiance Bancshares (NASDAQ:ABTX) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued on Thursday, BidAskClub reports. Several other research firms also recently weighed in on ABTX. TheStreet downgraded shares of Allegiance Bancshares from a “b-” rating to a “c” rating in a research […]
- 04/30/2020
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Zacks Investment Research Downgrades Allegiance Bancshares (NASDAQ:ABTX) to Sell
- Allegiance Bancshares (NASDAQ:ABTX) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, Zacks.com reports. According to Zacks, “Allegiance Bancshares, Inc. operates as a bank holding company. The Company offers banking products and services primarily to small and medium-sized businesses and individual […]
- 04/29/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Shares Sold by Bank of America Corp DE
- Bank of America Corp DE trimmed its stake in shares of Allegiance Bancshares Inc (NASDAQ:ABTX) by 42.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,388 shares of the bank’s stock after selling 12,037 shares during the quarter. Bank of America Corp DE […]
- 04/28/2020
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Timing the Market, Is it Possible? - April 27, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 04/27/2020
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Timing the Market, Is it Possible? - April 27, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 04/27/2020
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Nuveen Asset Management LLC Has $2.81 Million Stake in Allegiance Bancshares Inc (NASDAQ:ABTX)
- Nuveen Asset Management LLC trimmed its holdings in shares of Allegiance Bancshares Inc (NASDAQ:ABTX) by 17.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,656 shares of the bank’s stock after selling 15,723 shares during the period. Nuveen […]
- 04/27/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Expected to Post Quarterly Sales of $46.15 Million
- Analysts expect that Allegiance Bancshares Inc (NASDAQ:ABTX) will report $46.15 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Allegiance Bancshares’ earnings, with the highest sales estimate coming in at $46.70 million and the lowest estimate coming in at $45.60 million. Allegiance Bancshares posted sales of $47.89 […]
- 04/26/2020
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Did You Manage To Avoid Allegiance Bancshares’ (NASDAQ:ABTX) 42% Share Price Drop?
- Many investors define successful investing as beating the market average over the long term. But the risk of stock...
- 04/25/2020
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Allegiance Bancshares, Inc. Announces New Directors and Declaration of Dividend
- HOUSTON, April 24, 2020 -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, announced the addition of Ms. Denise.
- 04/24/2020
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Allegiance Bancshares, Inc. Announces New Directors and Declaration of Dividend
- HOUSTON, April 24, 2020 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, announced...
- 04/24/2020
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Allegiance Bancshares, Inc. Announces New Directors and Declaration of Dividend
- HOUSTON, April 24, 2020 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, announced...
- 04/24/2020
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Brokerages Expect Allegiance Bancshares Inc (NASDAQ:ABTX) to Post $0.34 Earnings Per Share
- Brokerages expect that Allegiance Bancshares Inc (NASDAQ:ABTX) will announce earnings of $0.34 per share for the current quarter, Zacks reports. Two analysts have made estimates for Allegiance Bancshares’ earnings, with the highest EPS estimate coming in at $0.49 and the lowest estimate coming in at $0.19. Allegiance Bancshares reported earnings of $0.62 per share in […]
- 04/24/2020
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Allegiance Bancshares (ABTX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Allegiance Bancshares (ABTX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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Allegiance Bancshares (ABTX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Allegiance Bancshares (ABTX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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Allegiance Bancshares (ABTX) Set to Announce Earnings on Thursday
- Allegiance Bancshares (NASDAQ:ABTX) is scheduled to be releasing its earnings data before the market opens on Thursday, April 30th. Analysts expect Allegiance Bancshares to post earnings of $0.34 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link. Allegiance Bancshares (NASDAQ:ABTX) last […]
- 04/23/2020
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BancorpSouth (BXS) Q1 Earnings Top Estimates, Revenues Miss
- Higher net revenues and rise in deposits support BancorpSouth's (BXS) Q1 earnings. However, a rise in expenses ails results.
- 04/21/2020
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BancorpSouth (BXS) Q1 Earnings Top Estimates, Revenues Miss
- Higher net revenues and rise in deposits support BancorpSouth's (BXS) Q1 earnings. However, a rise in expenses ails results.
- 04/21/2020
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Geode Capital Management LLC Raises Position in Allegiance Bancshares Inc (NASDAQ:ABTX)
- Geode Capital Management LLC grew its position in Allegiance Bancshares Inc (NASDAQ:ABTX) by 3.9% during the 4th quarter, Holdings Channel reports. The fund owned 267,021 shares of the bank’s stock after buying an additional 10,142 shares during the quarter. Geode Capital Management LLC’s holdings in Allegiance Bancshares were worth $10,039,000 as of its most recent […]
- 04/21/2020
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Allegiance Bancshares (NASDAQ:ABTX) Stock Rating Upgraded by Zacks Investment Research
- Zacks Investment Research upgraded shares of Allegiance Bancshares (NASDAQ:ABTX) from a sell rating to a hold rating in a research report sent to investors on Thursday morning, Zacks.com reports. According to Zacks, “Allegiance Bancshares, Inc. operates as a bank holding company. The Company offers banking products and services primarily to small and medium-sized businesses and […]
- 04/20/2020
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Alliancebernstein L.P. Increases Stake in Allegiance Bancshares Inc (NASDAQ:ABTX)
- Alliancebernstein L.P. increased its position in Allegiance Bancshares Inc (NASDAQ:ABTX) by 15.6% in the 4th quarter, HoldingsChannel reports. The fund owned 31,675 shares of the bank’s stock after purchasing an additional 4,275 shares during the period. Alliancebernstein L.P.’s holdings in Allegiance Bancshares were worth $1,191,000 as of its most recent filing with the SEC. A […]
- 04/18/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Short Interest Down 22.9% in March
- Allegiance Bancshares Inc (NASDAQ:ABTX) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 939,300 shares, a decrease of 22.9% from the March 15th total of 1,218,300 shares. Based on an average daily volume of 113,800 shares, the days-to-cover ratio is […]
- 04/17/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Shares Purchased by Bank of New York Mellon Corp
- Bank of New York Mellon Corp increased its stake in shares of Allegiance Bancshares Inc (NASDAQ:ABTX) by 171.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 229,864 shares of the bank’s stock after purchasing an additional 145,336 shares during the period. Bank of New York Mellon Corp’s holdings in Allegiance Bancshares were worth […]
- 04/13/2020
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Allegiance Bancshares, Inc. Announces First Quarter 2020 Earnings Release and Conference Call Date
- HOUSTON, April 10, 2020 -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today announced that it will hold a conference.
- 04/10/2020
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Allegiance Bancshares, Inc. Announces First Quarter 2020 Earnings Release and Conference Call Date
- HOUSTON, April 10, 2020 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today...
- 04/10/2020
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Does The Allegiance Bancshares, Inc. (NASDAQ:ABTX) Share Price Fall With The Market?
- Anyone researching Allegiance Bancshares, Inc. (NASDAQ:ABTX) might want to consider the historical volatility of the...
- 04/10/2020
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ALLEGIANCE BANCSHARES, INC. TO HOLD VIRTUAL ANNUAL MEETING
- Allegiance Bancshares, Inc. (ABTX) (the "Company"), the holding company of Allegiance Bank (the "Bank"), today announced that, due to the public health impact of the coronavirus (COVID-19) pandemic and out of concern for the health and well-being of the Company’s employees and shareholders, its Annual Meeting of Shareholders, to be held on Thursday, April 23, 2020 at 1:30 p.m. Central Time, has been changed to a virtual meeting. Through its wholly owned subsidiary, Allegiance Bank, Allegiance provides a diversified range of commercial banking services primarily to small to medium-sized businesses and individual customers in the Houston region.
- 04/08/2020
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ALLEGIANCE BANCSHARES, INC. TOHOLD VIRTUAL ANNUAL MEETING
- HOUSTON, April 08, 2020 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (the "Company"), the holding company of Allegiance Bank (the...
- 04/08/2020
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Mason Street Advisors LLC Invests $251,000 in Allegiance Bancshares Inc (NASDAQ:ABTX)
- Mason Street Advisors LLC purchased a new position in Allegiance Bancshares Inc (NASDAQ:ABTX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,669 shares of the bank’s stock, valued at approximately $251,000. A number of other large investors also recently bought and sold […]
- 04/08/2020
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Edited Transcript of ABTX earnings conference call or presentation 25-Jan-19 3:00pm GMT
- Q4 2018 Allegiance Bancshares Inc Earnings Call
- 04/08/2020
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Edited Transcript of ABTX earnings conference call or presentation 25-Jan-19 3:00pm GMT
- Q4 2018 Allegiance Bancshares Inc Earnings Call
- 04/07/2020
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Allegiance Bancshares (NASDAQ:ABTX) Trading Up 8.2%
- Allegiance Bancshares Inc (NASDAQ:ABTX) shares were up 8.2% during trading on Monday . The stock traded as high as $23.64 and last traded at $23.47, approximately 100,346 shares traded hands during trading. A decline of 11% from the average daily volume of 113,187 shares. The stock had previously closed at $21.69. A number of brokerages […]
- 04/07/2020
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Houston banks exposed to $323M in small business loans outside the stimulus, SBA guarantees
- Many of those loan balances are in a state of uncertainty and risk of default as tens of thousands of small businesses face insolvency and permanent closure because of the COVID-19 shutdown.
- 04/06/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Shares Acquired by Credit Suisse AG
- Credit Suisse AG increased its position in Allegiance Bancshares Inc (NASDAQ:ABTX) by 13.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,554 shares of the bank’s stock after acquiring an additional 1,686 shares during the period. Credit Suisse AG’s holdings in Allegiance Bancshares were worth $547,000 at the end of the most recent […]
- 04/06/2020
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Analysts Expect Allegiance Bancshares Inc (NASDAQ:ABTX) to Announce $0.34 EPS
- Wall Street analysts expect Allegiance Bancshares Inc (NASDAQ:ABTX) to announce earnings per share (EPS) of $0.34 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Allegiance Bancshares’ earnings, with estimates ranging from $0.19 to $0.49. Allegiance Bancshares reported earnings per share of $0.62 during the same quarter last year, […]
- 04/03/2020
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Zacks: Brokerages Anticipate Allegiance Bancshares Inc (NASDAQ:ABTX) Will Post Quarterly Sales of $46.15 Million
- Equities analysts predict that Allegiance Bancshares Inc (NASDAQ:ABTX) will report $46.15 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Allegiance Bancshares’ earnings, with the highest sales estimate coming in at $46.70 million and the lowest estimate coming in at $45.60 million. Allegiance Bancshares posted sales […]
- 04/02/2020
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How to Time the Markets Like an Investing Pro - April 01, 2020
- In the long-run, does consistent market timing really matter to be a successful investor?
- 04/01/2020
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How to Time the Markets Like an Investing Pro - April 01, 2020
- In the long-run, does consistent market timing really matter to be a successful investor?
- 04/01/2020
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Insider Selling: Allegiance Bancshares Inc (NASDAQ:ABTX) Director Sells 1,000 Shares of Stock
- Allegiance Bancshares Inc (NASDAQ:ABTX) Director Roland L. Williams sold 1,000 shares of the firm’s stock in a transaction on Thursday, March 26th. The shares were sold at an average price of $25.03, for a total value of $25,030.00. Following the transaction, the director now owns 140,828 shares of the company’s stock, valued at $3,524,924.84. The […]
- 03/31/2020
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Analysts Offer Predictions for Allegiance Bancshares Inc's Q1 2020 Earnings (NASDAQ:ABTX)
- Allegiance Bancshares Inc (NASDAQ:ABTX) – Piper Sandler reduced their Q1 2020 EPS estimates for Allegiance Bancshares in a note issued to investors on Wednesday, March 25th. Piper Sandler analyst B. Milsaps now anticipates that the bank will post earnings of $0.49 per share for the quarter, down from their previous estimate of $0.56. Piper Sandler […]
- 03/31/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Expected to Post Q2 2020 Earnings of $0.42 Per Share
- Allegiance Bancshares Inc (NASDAQ:ABTX) – Investment analysts at Piper Sandler dropped their Q2 2020 earnings estimates for Allegiance Bancshares in a report released on Wednesday, March 25th. Piper Sandler analyst B. Milsaps now forecasts that the bank will post earnings of $0.42 per share for the quarter, down from their prior forecast of $0.53. Piper […]
- 03/28/2020
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Versatility in financial services through technology - Businessday NG
- Players in the financial services sector have increasingly seen the need to converge the customer’s needs into one place. As such, there has been a p...
- 03/26/2020
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How Does Allegiance Bancshares's (NASDAQ:ABTX) P/E Compare To Its Industry, After The Share Price Drop?
- Unfortunately for some shareholders, the Allegiance Bancshares (NASDAQ:ABTX) share price has dived 33% in the last...
- 03/26/2020
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What Is Allegiance Bancshares’s (NASDAQ:ABTX) P/E Ratio After Its Share Price Tanked?
- To the annoyance of some shareholders, Allegiance Bancshares (NASDAQ:ABTX) shares are down a considerable 33% in the...
- 03/26/2020
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Bank of Montreal Can Acquires 680 Shares of Allegiance Bancshares Inc (NASDAQ:ABTX)
- Bank of Montreal Can increased its holdings in shares of Allegiance Bancshares Inc (NASDAQ:ABTX) by 39.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,390 shares of the bank’s stock after acquiring an additional 680 shares during the quarter. Bank of Montreal […]
- 03/26/2020
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Zacks Investment Research Lowers Allegiance Bancshares (NASDAQ:ABTX) to Sell
- Zacks Investment Research cut shares of Allegiance Bancshares (NASDAQ:ABTX) from a hold rating to a sell rating in a research note issued to investors on Monday, Zacks.com reports. According to Zacks, “Allegiance Bancshares, Inc. operates as a bank holding company. The Company offers banking products and services primarily to small and medium-sized businesses and individual […]
- 03/26/2020
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Roland L. Williams Sells 1,000 Shares of Allegiance Bancshares Inc (NASDAQ:ABTX) Stock
- Allegiance Bancshares Inc (NASDAQ:ABTX) Director Roland L. Williams sold 1,000 shares of the stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $24.79, for a total transaction of $24,790.00. Following the completion of the sale, the director now directly owns 143,060 shares of the company’s stock, valued […]
- 03/25/2020
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23,077 Shares in Allegiance Bancshares Inc (NASDAQ:ABTX) Bought by Great West Life Assurance Co. Can
- Great West Life Assurance Co. Can acquired a new position in Allegiance Bancshares Inc (NASDAQ:ABTX) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 23,077 shares of the bank’s stock, valued at approximately $861,000. Great West Life Assurance Co. Can owned 0.11% […]
- 03/23/2020
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Prudential Financial Inc. Invests $1.16 Million in Allegiance Bancshares Inc (NASDAQ:ABTX)
- Prudential Financial Inc. acquired a new position in shares of Allegiance Bancshares Inc (NASDAQ:ABTX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 30,840 shares of the bank’s stock, valued at approximately $1,160,000. Prudential Financial Inc. owned 0.15% of Allegiance Bancshares as […]
- 03/23/2020
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Do Insiders Own Lots Of Shares In Allegiance Bancshares, Inc. (NASDAQ:ABTX)?
- Every investor in Allegiance Bancshares, Inc. (NASDAQ:ABTX) should be aware of the most powerful shareholder groups...
- 03/21/2020
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Charles Schwab Investment Management Inc. Purchases 952 Shares of Allegiance Bancshares Inc (NASDAQ:ABTX)
- Charles Schwab Investment Management Inc. boosted its holdings in Allegiance Bancshares Inc (NASDAQ:ABTX) by 0.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 119,034 shares of the bank’s stock after buying an additional 952 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Allegiance […]
- 03/14/2020
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Short Interest in Allegiance Bancshares Inc (NASDAQ:ABTX) Drops By 9.7%
- Allegiance Bancshares Inc (NASDAQ:ABTX) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 1,210,000 shares, a decrease of 9.7% from the February 13th total of 1,340,000 shares. Approximately 6.1% of the company’s shares are short sold. Based on an average trading volume of 115,100 shares, the […]
- 03/14/2020
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Allegiance Bancshares (NASDAQ:ABTX) Rating Lowered to C at TheStreet
- TheStreet cut shares of Allegiance Bancshares (NASDAQ:ABTX) from a b- rating to a c rating in a report released on Monday morning, TheStreetRatingsTable reports. A number of other research firms also recently commented on ABTX. BidaskClub downgraded shares of Allegiance Bancshares from a hold rating to a sell rating in a research note on Wednesday, […]
- 03/13/2020
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Allegiance Bancshares (NASDAQ:ABTX) Lowered to Strong Sell at BidaskClub
- Allegiance Bancshares (NASDAQ:ABTX) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday, BidAskClub reports. ABTX has been the subject of several other research reports. TheStreet lowered shares of Allegiance Bancshares from a “b-” rating to a “c” […]
- 03/12/2020
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When Does Market Timing Actually Work? - March 11, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 03/11/2020
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When Does Market Timing Actually Work? - March 11, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 03/11/2020
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A Sliding Share Price Has Us Looking At Allegiance Bancshares, Inc.'s (NASDAQ:ABTX) P/E Ratio
- To the annoyance of some shareholders, Allegiance Bancshares (NASDAQ:ABTX) shares are down a considerable 30% in the...
- 03/10/2020
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$46.70 Million in Sales Expected for Allegiance Bancshares Inc (NASDAQ:ABTX) This Quarter
- Equities research analysts forecast that Allegiance Bancshares Inc (NASDAQ:ABTX) will report sales of $46.70 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Allegiance Bancshares’ earnings, with the lowest sales estimate coming in at $46.00 million and the highest estimate coming in at $47.40 million. Allegiance Bancshares posted […]
- 03/10/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Director Roland L. Williams Sells 1,000 Shares
- Allegiance Bancshares Inc (NASDAQ:ABTX) Director Roland L. Williams sold 1,000 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $32.76, for a total transaction of $32,760.00. Following the sale, the director now directly owns 146,586 shares in the company, valued at $4,802,157.36. The sale […]
- 03/10/2020
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Avoid shares of these banks with too much oil exposure, analyst says
- News is free at Seeking Alpha.This post is a Notable Call. Notable Calls are a Premium feature.To access this and other Notable Calls, try a free trial to Seeking Alpha Premium.
- 03/10/2020
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Does Allegiance Bancshares, Inc. (NASDAQ:ABTX) Have A Volatile Share Price?
- If you own shares in Allegiance Bancshares, Inc. (NASDAQ:ABTX) then it's worth thinking about how it contributes to...
- 03/09/2020
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$0.56 Earnings Per Share Expected for Allegiance Bancshares Inc (NASDAQ:ABTX) This Quarter
- Wall Street brokerages predict that Allegiance Bancshares Inc (NASDAQ:ABTX) will report earnings of $0.56 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Allegiance Bancshares’ earnings, with estimates ranging from $0.55 to $0.57. Allegiance Bancshares posted earnings of $0.62 per share in the same quarter last year, which […]
- 03/08/2020
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Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases New Position in Allegiance Bancshares Inc (NASDAQ:ABTX)
- Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Allegiance Bancshares Inc (NASDAQ:ABTX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,491 shares of the bank’s stock, valued at approximately $244,000. A number of other hedge […]
- 03/08/2020
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New York State Common Retirement Fund Sells 2,900 Shares of Allegiance Bancshares Inc (NASDAQ:ABTX)
- New York State Common Retirement Fund decreased its stake in shares of Allegiance Bancshares Inc (NASDAQ:ABTX) by 14.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,100 shares of the bank’s stock after selling 2,900 shares during the period. […]
- 03/07/2020
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Comerica Bank Purchases New Stake in Allegiance Bancshares Inc (NASDAQ:ABTX)
- Comerica Bank acquired a new stake in shares of Allegiance Bancshares Inc (NASDAQ:ABTX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,052 shares of the bank’s stock, valued at approximately $685,000. Other institutional investors and hedge funds have also added to or […]
- 03/06/2020
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Allegiance Bancshares (NASDAQ:ABTX) Downgraded to "Sell" at BidaskClub
- Allegiance Bancshares (NASDAQ:ABTX) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday, BidAskClub reports. ABTX has been the subject of a number of other reports. ValuEngine lowered shares of Allegiance Bancshares from a “buy” rating to a “hold” rating in […]
- 03/05/2020
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Allegiance Bancshares (NASDAQ:ABTX) Hits New 1-Year Low After Insider Selling
- Shares of Allegiance Bancshares Inc (NASDAQ:ABTX) hit a new 52-week low on Friday following insider selling activity. The company traded as low as $29.88 and last traded at $33.17, with a volume of 171996 shares traded. The stock had previously closed at $34.00. Specifically, Director Roland L. Williams sold 1,000 shares of Allegiance Bancshares stock […]
- 03/01/2020
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Allegiance Bancshares, Inc. Announces Stock Repurchase Program
- The repurchase program does not obligate Allegiance to purchase any particular number of shares and there is no guarantee as to the exact number of shares that will be repurchased by Allegiance. Allegiance may suspend, modify or terminate the program at any time and for any reason, without prior notice. Allegiance is a Houston, Texas-based bank holding company.
- 02/27/2020
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Allegiance Bancshares (NASDAQ:ABTX) Upgraded to Hold by BidaskClub
- Allegiance Bancshares (NASDAQ:ABTX) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Tuesday, BidAskClub reports. Several other brokerages have also weighed in on ABTX. Zacks Investment Research raised Allegiance Bancshares from a “strong sell” rating to a “hold” rating in a report on […]
- 02/27/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Announces -- Dividend of $0.10
- Allegiance Bancshares Inc (NASDAQ:ABTX) announced a — dividend on Thursday, January 30th, Wall Street Journal reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.10 per share by the bank on Monday, March 16th. The ex-dividend date of this dividend is Thursday, February 27th. Allegiance Bancshares has a payout ratio […]
- 02/25/2020
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Insider Selling: Allegiance Bancshares Inc (NASDAQ:ABTX) Director Sells $37,600.00 in Stock
- Allegiance Bancshares Inc (NASDAQ:ABTX) Director Roland L. Williams sold 1,000 shares of Allegiance Bancshares stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $37.60, for a total transaction of $37,600.00. Following the completion of the sale, the director now owns 151,586 shares of the company’s […]
- 02/24/2020
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When Does Market Timing Actually Work? - February 21, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 02/21/2020
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When Does Market Timing Actually Work? - February 21, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 02/21/2020
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What Is Allegiance Bancshares, Inc.’s (NASDAQ:ABTX) Share Price Doing?
- Allegiance Bancshares, Inc. (NASDAQ:ABTX), operating in the financial services industry based in United States, saw...
- 02/19/2020
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Allegiance Bancshares (NASDAQ:ABTX) Raised to Hold at BidaskClub
- BidaskClub upgraded shares of Allegiance Bancshares (NASDAQ:ABTX) from a sell rating to a hold rating in a report published on Saturday morning, BidAskClub reports. ABTX has been the topic of several other reports. ValuEngine downgraded shares of Allegiance Bancshares from a buy rating to a hold rating in a research report on Tuesday, December 3rd. […]
- 02/05/2020
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Q1 2020 Earnings Estimate for Allegiance Bancshares Inc Issued By Piper Sandler (NASDAQ:ABTX)
- Allegiance Bancshares Inc (NASDAQ:ABTX) – Equities researchers at Piper Sandler issued their Q1 2020 EPS estimates for Allegiance Bancshares in a research report issued on Wednesday, January 29th. Piper Sandler analyst B. Milsaps expects that the bank will post earnings of $0.55 per share for the quarter. Piper Sandler also issued estimates for Allegiance Bancshares’ […]
- 02/04/2020
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Roland L. Williams Sells 1,000 Shares of Allegiance Bancshares Inc (NASDAQ:ABTX) Stock
- Allegiance Bancshares Inc (NASDAQ:ABTX) Director Roland L. Williams sold 1,000 shares of the firm’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $37.50, for a total value of $37,500.00. Following the completion of the transaction, the director now directly owns 107,468 shares in the company, valued […]
- 02/03/2020
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Allegiance Bancshares, Inc. Just Released Its Annual Earnings: Here's What Analysts Think
- Allegiance Bancshares, Inc. (NASDAQ:ABTX) came out with its yearly results last week, and we wanted to see how the...
- 02/01/2020
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Here’s What Analysts Are Forecasting For Allegiance Bancshares, Inc. After Its Annual Results
- The yearly results for Allegiance Bancshares, Inc. (NASDAQ:ABTX) were released last week, making it a good time to...
- 02/01/2020
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Bank earnings roundup: Prosperity Bank posts growth, Allegiance Bank issues first quarterly dividend
- David Zalman, chairman and CEO of Prosperity Bancshares
- 01/31/2020
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Timing the Market, Is it Possible? - January 31, 2020
- Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- 01/31/2020
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Timing the Market, Is it Possible? - January 31, 2020
- Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- 01/31/2020
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Edited Transcript of ABTX earnings conference call or presentation 29-Jan-20 3:00pm GMT
- Q4 2019 Allegiance Bancshares Inc Earnings Call
- 01/31/2020
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Allegiance Bancshares (ABTX) Q4 2019 Earnings Call Transcript
- ABTX earnings call for the period ending December 31, 2019.
- 01/30/2020
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Edited Transcript of ABTX earnings conference call or presentation 29-Jan-20 3:00pm GMT
- Q4 2019 Allegiance Bancshares Inc Earnings Call
- 01/30/2020
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Allegiance Bancshares (ABTX) Tops Q4 Earnings and Revenue Estimates
- Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of 9.84% and 2.85%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- 01/29/2020
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Allegiance Bancshares (ABTX) Tops Q4 Earnings and Revenue Estimates
- Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of 9.84% and 2.85%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- 01/29/2020
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Allegiance Bancshares: 4Q Earnings Snapshot
- HOUSTON (AP) _ Allegiance Bancshares Inc. (ABTX) on Wednesday reported fourth-quarter net income of $14 million. The bank, based in Houston, said it had earnings of 67 cents per share. The bank holding company posted revenue of $61.5 million in the period. Its revenue net of interest expense was $47.9 million, which beat Street forecasts. For the year, the company reported profit of $53 million, or $2.47 per share. Revenue was reported as $193 million. Allegiance Bancshares shares have dropped 2.5% since the beginning of the year. The stock has risen 1% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABTX at https://www.zacks.com/ap/ABTX
- 01/29/2020
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Allegiance Bancshares: 4Q Earnings Snapshot
- HOUSTON (AP) _ Allegiance Bancshares Inc. (ABTX) on Wednesday reported fourth-quarter net income of $14 million.
The bank, based in Houston, said it had earnings of 67 cents per share.
The bank holding company posted revenue of $61.5 million in the p
- 01/29/2020
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Allegiance Bancshares declares first quarterly cash dividend of 10c per share ABTX
- Allegiance Bancshares declares first quarterly cash dividend of 10c per share ABTX
- 01/29/2020
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Allegiance Bancshares reports Q4 EPS 67c, consensus 61c ABTX
- Allegiance Bancshares reports Q4 EPS 67c, consensus 61c ABTX
- 01/29/2020
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Allegiance Bancshares, Inc. Reports Record Fourth Quarter and Full Year 2019 Results
- Record diluted earnings per share of $0.67 for the fourth quarter 2019 and $2.47 for the year 2019 Deposit growth of $405.6 million, or 11.1%, for the year 2019 Declared first.
- 01/29/2020
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Allegiance Bancshares (ABTX) Set to Announce Quarterly Earnings on Wednesday
- Allegiance Bancshares (NASDAQ:ABTX) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.61 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link. Allegiance Bancshares (NASDAQ:ABTX) last posted its earnings […]
- 01/28/2020
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Have Insiders Been Selling Allegiance Bancshares, Inc. (NASDAQ:ABTX) Shares This Year?
- It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
- 01/27/2020
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Roland L. Williams Sells 1,000 Shares of Allegiance Bancshares Inc (NASDAQ:ABTX) Stock
- Allegiance Bancshares Inc (NASDAQ:ABTX) Director Roland L. Williams sold 1,000 shares of the company’s stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $36.65, for a total transaction of $36,650.00. Following the transaction, the director now owns 109,468 shares in the company, valued at approximately $4,012,002.20. The […]
- 01/26/2020
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State of Alaska Department of Revenue Buys Shares of 14,454 Allegiance Bancshares Inc (NASDAQ:ABTX)
- State of Alaska Department of Revenue bought a new stake in Allegiance Bancshares Inc (NASDAQ:ABTX) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,454 shares of the bank’s stock, valued at approximately $543,000. State of Alaska Department of Revenue owned 0.07% of […]
- 01/23/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Director Sells $149,120.00 in Stock
- Allegiance Bancshares Inc (NASDAQ:ABTX) Director Roland L. Williams sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $37.28, for a total transaction of $149,120.00. Following the completion of the sale, the director now directly owns 114,468 shares in the […]
- 01/23/2020
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Analysts Estimate Allegiance Bancshares (ABTX) to Report a Decline in Earnings: What to Look Out for
- 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.
- 01/22/2020
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Analysts Estimate Allegiance Bancshares (ABTX) to Report a Decline in Earnings: What to Look Out for
- 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.
- 01/22/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Given Average Rating of "Hold" by Analysts
- Allegiance Bancshares Inc (NASDAQ:ABTX) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation. The average 12 month price target among analysts that have issued a report on the stock in the […]
- 01/20/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Forecasted to Earn FY2020 Earnings of $2.35 Per Share
- Allegiance Bancshares Inc (NASDAQ:ABTX) – Equities research analysts at Piper Sandler issued their FY2020 earnings per share estimates for Allegiance Bancshares in a research report issued on Tuesday, January 14th. Piper Sandler analyst B. Milsaps anticipates that the bank will earn $2.35 per share for the year. Allegiance Bancshares (NASDAQ:ABTX) last released its quarterly earnings […]
- 01/18/2020
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Update: Allegiance Bancshares (NASDAQ:ABTX) Stock Gained 12% In The Last Three Years
- Low-cost index funds make it easy to achieve average market returns. But in any diversified portfolio of stocks...
- 01/14/2020
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Allegiance Bancshares Inc (NASDAQ:ABTX) Director Sells $149,560.00 in Stock
- Allegiance Bancshares Inc (NASDAQ:ABTX) Director Roland L. Williams sold 4,000 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $37.39, for a total transaction of $149,560.00. Following the sale, the director now directly owns 122,468 shares in the company, valued at $4,579,078.52. […]
- 01/13/2020
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How to Time the Markets Like an Investing Pro - January 09, 2020
- In the long-run, does consistent market timing really matter to be a successful investor?
- 01/09/2020
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How to Time the Markets Like an Investing Pro - January 09, 2020
- In the long-run, does consistent market timing really matter to be a successful investor?
- 01/09/2020
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With EPS Growth And More, Allegiance Bancshares (NASDAQ:ABTX) Is Interesting
- Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
- 01/09/2020
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ATM, PoS, m-Cash, Remita, Others spurred Nigeria’s e-payment transaction to N203.35 trillion in H1’19
- Electronic payment (e-payment) transactions worth N203.35 trillion were carried out by banks between January and June 2019, Central Bank of Nigeria (CBN) half-year e-payment figures have shown. The…
- 01/07/2020
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Allegiance Bancshares, Inc. Announces Fourth Quarter 2019 Earnings Release and Conference Call Date
- HOUSTON, Jan. 06, 2020 -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today announced that it will hold a conference call.
- 01/06/2020
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CBN cuts ATM, Other Banking service charges from N65 to N35 in new guidelines for lenders
- The Central Bank of Nigeria (CBN), has reviewed downward charges and fees for banking services. This is contained in the new guidelines for banks, other financial, and non-bank financial institutio…
- 12/22/2019
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When Does Market Timing Actually Work? - December 18, 2019
- In the long-run, does consistent market timing really matter to be a successful investor?
- 12/18/2019
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Hedge Funds Have Never Been This Bullish On Allegiance Bancshares, Inc. (ABTX)
- We at Insider Monkey have gone over 752 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of September 30th. In this article, we look at what those funds think of Allegiance Bancshares, Inc. (NASDAQ:ABTX) based on that […]
- 12/16/2019
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Is Allegiance Bancshares, Inc. (NASDAQ:ABTX) Potentially Undervalued?
- Allegiance Bancshares, Inc. (NASDAQ:ABTX), operating in the financial services industry based in United States, saw a...
- 12/05/2019
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The Truth About Market Timing - November 05, 2019
- Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- 11/05/2019
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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.
- 10/18/2019
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Allegiance Bancshares misses by $0.06, misses on revenue
- Allegiance Bancshares (ABTX): Q1 GAAP EPS of $0.58 misses by $0.06. Revenue of $47.89M (+67.8% Y/Y) misses by $0.6M. Press Release
- 04/26/2019
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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.
- 04/19/2019
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Fintech Predictions for 2019. Where We Have Been & Where We Are Going
- As we head into a market correction, 2019 and beyond will be very interesting for the evolving Fintech industry. This sector of finance saw significant M&A
- 01/02/2019
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Nigerian lenders suspend ATM cash withdrawal from overseas as H1 I&E Forex transactions hit $30 billion
- Nigerian Banks have suspended all cash withdrawals from overseas Automated Teller Machines (ATMs), except for customers whose cards are linked to domiciliary accounts funded locally Banks have been…
- 07/09/2018
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List of NIB branches in Accra and their locations
- Here are the ★NIB BRANCHES IN ACCRA★ if you are an existing or prospective customer of this bank. You will find a description of each of these bank branches as well as directions and contact details in case you need to reach them.
- 07/02/2018
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FirstBank ATMs accounts for 37% of bills payment services in Nigeria
- First Bank of Nigeria Limited, Nigeria’s most valuable bank brand has again validated its leadership position with the efficiency and creativity of the Bank’s Automated Teller Machines (ATMs) as it…
- 02/06/2018
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