NASDAQ: ABTX at https://www.webull.com/quote/nasdaq-abtx is mainly a bank holding company for the Allegiance Bank. It provides commercial banking services from small to medium-sized businesses, professionals, and individual customers. This company also provides various loan products (commercials and industrial loans, real estate loans, multi-family loans, residential loans) and ATM services, drive-through services, mobile bank services, etc.
Check out the latest NASDAQ: ABTX stock reports:
- Current stock Price: ABTX’s stock was trading at $26.31 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then its stock value decreased by 12.4% and is trading now at $23.04(as of 19th July 2020).
- Last Quarter Earnings: This organization earned $47.75 million during the quarter, compared to the consensus estimate of $46.23million. ABUS reported earnings per share (EPS) for the quarter is $0.17 beating the Zacks’ consensus estimate of ($0.35) Next earning date is scheduled to release on Thursday, 30th July of
- Profitability: Profit margin is a useful ratio and can help provide an insight into a variety of aspects of financial performance. The profit margin may also indicate certain things about the company’s ability to manage its expenses. The company has a market capitalization of $470.02 million and generates $246.33 million in revenue each year. As of the most recent Fiscal, the Year company’s earnings per share is $2.57 and Net income (Profit) is $52.96 million.
- Price target: Research analysts have issued 1-year price targets which range from $27.00 to $27.00. On average, they expect the share price to reach $27.00 in the next year which suggests an increase of 17.2%from the stock current price.