NasdaqGM:ABTX

Stock Analysis Report

Executive Summary

Allegiance Bancshares, Inc. operates as the bank holding company for Allegiance Bank that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and individual customers.

Snowflake

Fundamentals

Excellent balance sheet with acceptable track record.

Share Price & News

How has Allegiance Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.9%

NasdaqGM:ABTX

-1.8%

US Banks

0.2%

US Market


1 Year Return

-28.3%

NasdaqGM:ABTX

-15.3%

US Banks

-0.7%

US Market

ABTX underperformed the Banks industry which returned -15.3% over the past year.

ABTX underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

ABTXIndustryMarket
7 Day1.9%-1.8%0.2%
30 Day-3.8%-6.4%-2.7%
90 Day-7.9%-4.0%1.6%
1 Year-28.3%-28.3%-12.9%-15.3%1.6%-0.7%
3 Year22.9%22.9%41.3%31.7%40.0%30.9%
5 Yearn/a50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is Allegiance Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Allegiance Bancshares undervalued based on future cash flows and its price relative to the stock market?

17%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Allegiance Bancshares's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Allegiance Bancshares's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Allegiance Bancshares is overvalued based on earnings compared to the US Banks industry average.

Allegiance Bancshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Allegiance Bancshares is poor value based on expected growth next year.


Price Based on Value of Assets

Allegiance Bancshares is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Allegiance Bancshares expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

8.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Allegiance Bancshares's revenue is expected to grow by 9.4% yearly, however this is not considered high growth (20% yearly).

Allegiance Bancshares's earnings are expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).

Allegiance Bancshares's revenue growth is expected to exceed the United States of America market average.

Allegiance Bancshares's earnings growth is positive but not above the United States of America market average.

Allegiance Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Allegiance Bancshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Allegiance Bancshares performed over the past 5 years?

28.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Allegiance Bancshares has delivered over 20% year on year earnings growth in the past 5 years.

Allegiance Bancshares's 1-year earnings growth exceeds its 5-year average (128.2% vs 28.9%)

Allegiance Bancshares's earnings growth has exceeded the US Banks industry average in the past year (128.2% vs 33.2%).


Return on Equity

Allegiance Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Allegiance Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Allegiance Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Allegiance Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Allegiance Bancshares has an acceptable proportion of non-loan assets held.

Allegiance Bancshares has a low allowance for bad loans.

Allegiance Bancshares's liabilities are made up of primarily low risk sources of funding.

Allegiance Bancshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Allegiance Bancshares are broadly funded by customer deposits.

Allegiance Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Allegiance Bancshares's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Allegiance Bancshares's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Allegiance Bancshares's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Allegiance Bancshares has not reported any payouts.

Unable to verify if Allegiance Bancshares's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Allegiance Bancshares has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Allegiance Bancshares's salary, the management and board of directors tenure and is there insider trading?

7.6yrs

Average management tenure


CEO

George Martinez (77yo)

11.6yrs

Tenure

US$521,219

Compensation

Mr. George Martinez is Chief Executive Officer of Allegiance Bank since 2007 and serves as its Director. Mr. Martinez serves as the Chairman and Chief Executive Officer of Allegiance Bancshares, Inc. He wa ...


CEO Compensation Analysis

George's remuneration is lower than average for companies of similar size in United States of America.

George's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.6yrs

Average Tenure

57yo

Average Age

The average tenure for the Allegiance Bancshares management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

11.6yrs

Average Tenure

63yo

Average Age

The average tenure for the Allegiance Bancshares board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Allegiance Bancshares individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$263,13014 Aug 19
Umesh Jain
EntityIndividual
Shares8,173
Max PriceUS$32.58
SellUS$67,76031 Jul 19
David Moulton
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,000
Max PriceUS$33.88
SellUS$122,59526 Jun 19
Umesh Jain
EntityIndividual
Shares3,692
Max PriceUS$33.21
BuyUS$199,69101 Apr 19
Fred Robertson
EntityIndividual
Shares6,000
Max PriceUS$33.28
SellUS$51,04401 Apr 19
David Moulton
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,500
Max PriceUS$34.03
SellUS$53,06801 Apr 19
James Kearney
EntityIndividual
Shares1,578
Max PriceUS$33.63
SellUS$1,209,47801 Mar 19
Umesh Jain
EntityIndividual
Shares31,727
Max PriceUS$38.12
SellUS$695,21227 Feb 19
Umesh Jain
EntityIndividual
Shares18,273
Max PriceUS$38.47
SellUS$370,15607 Feb 19
William Nichols
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceUS$37.04
SellUS$547,50005 Feb 19
George Martinez
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares15,000
Max PriceUS$36.50
BuyUS$469,43731 Dec 18
Retzloff Industries, Inc.
EntityCompany
Shares15,000
Max PriceUS$31.30
BuyUS$31,29731 Dec 18
Paul Egge
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares1,000
Max PriceUS$31.30
BuyUS$19,55428 Dec 18
Shanna Kuzdzal
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares650
Max PriceUS$30.08
BuyUS$31,53118 Dec 18
Frances Jeter
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$31.53
BuyUS$34,29411 Dec 18
Frances Jeter
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$34.29
BuyUS$114,15130 Nov 18
Frances Jeter
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,000
Max PriceUS$38.36

Ownership Breakdown


Management Team

  • George Martinez (77yo)

    Chairman & CEO

    • Tenure: 11.6yrs
    • Compensation: US$521.22k
  • Daryl Bohls (68yo)

    Executive Vice President

    • Tenure: 12.6yrs
    • Compensation: US$338.12k
  • Steve Retzloff (63yo)

    President & Director

    • Tenure: 12.6yrs
    • Compensation: US$519.19k
  • Stacy Tiger

    Executive VP & Chief Human Resource Officer

    • Tenure: 0.0yrs
  • Shanna Kuzdzal (40yo)

    Executive VP

    • Tenure: 2.5yrs
    • Compensation: US$374.06k
  • Ray Vitulli (51yo)

    Executive VP & Director

    • Tenure: 5.6yrs
    • Compensation: US$458.99k
  • Lynda Keene

    Executive Vice President

    • Tenure: 0.0yrs
  • Bob Neyland

    Executive Vice President

    • Tenure: 0.0yrs
  • Paul Egge (41yo)

    Executive VP & CFO

    • Tenure: 2.7yrs
    • Compensation: US$421.88k
  • Courtney Theriot

    Senior VP & Manager of Financial Reporting

    • Tenure: 0.0yrs

Board Members

  • George Martinez (77yo)

    Chairman & CEO

    • Tenure: 11.6yrs
    • Compensation: US$521.22k
  • David Moulton (79yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$105.00k
  • Tom Reiser (67yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$54.50k
  • Steve Retzloff (63yo)

    President & Director

    • Tenure: 12.6yrs
    • Compensation: US$519.19k
  • Matthew Hartzell (61yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$62.00k
  • Frances Jeter (62yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$50.00k
  • Ray Vitulli (51yo)

    Executive VP & Director

    • Tenure: 5.6yrs
    • Compensation: US$458.99k
  • Lynda Keene

    Executive Vice President

    • Tenure: 0.0yrs
  • John Beckworth (61yo)

    Lead Director

    • Tenure: 2.3yrs
    • Compensation: US$56.50k
  • Nick Nichols (67yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$72.00k

Company Information

Allegiance Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Allegiance Bancshares, Inc.
  • Ticker: ABTX
  • Exchange: NasdaqGM
  • Founded: 2007
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$680.874m
  • Shares outstanding: 21.16m
  • Website: https://www.allegiancebank.com

Number of Employees


Location

  • Allegiance Bancshares, Inc.
  • 8847 West Sam Houston Parkway, North
  • Suite 200
  • Houston
  • Texas
  • 77040
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ABTXNasdaqGM (Nasdaq Global Market)YesCommon SharesUSUSDOct 2015

Biography

Allegiance Bancshares, Inc. operates as the bank holding company for Allegiance Bank that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:20
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.