CBTX, Inc. operates as the bank holding company for CommunityBank of Texas, National Association that provides commercial banking solutions to small and mid-sized businesses, and professionals in the United States.
Flawless balance sheet and slightly overvalued.
Share Price & News
How has CBTX's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CBTX has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CBTX underperformed the US Banks industry which returned 9.8% over the past year.
Return vs Market: CBTX underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is CBTX's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs CBTX, Inc. (NASDAQ:CBTX) A Smart Choice For Dividend Investors?
3 weeks ago | Simply Wall StHave Insiders Been Buying CBTX, Inc. (NASDAQ:CBTX) Shares?
1 month ago | Simply Wall StCan We See Significant Insider Ownership On The CBTX, Inc. (NASDAQ:CBTX) Share Register?
Is CBTX undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CBTX ($28.25) is trading below our estimate of fair value ($29.22)
Significantly Below Fair Value: CBTX is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CBTX is poor value based on its PE Ratio (13.9x) compared to the Banks industry average (12.6x).
PE vs Market: CBTX is good value based on its PE Ratio (13.9x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: CBTX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CBTX is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).
How is CBTX forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CBTX's earnings are forecast to decline over the next 3 years (-1.4% per year).
Earnings vs Market: CBTX's earnings are forecast to decline over the next 3 years (-1.4% per year).
High Growth Earnings: CBTX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CBTX's revenue (5.1% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: CBTX's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CBTX's Return on Equity is forecast to be low in 3 years time (8.4%).
How has CBTX performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBTX has a high level of non-cash earnings.
Growing Profit Margin: CBTX's current net profit margins (34.6%) are higher than last year (33.6%).
Past Earnings Growth Analysis
Earnings Trend: CBTX's earnings have grown significantly by 22.4% per year over the past 5 years.
Accelerating Growth: CBTX's earnings growth over the past year (6.8%) is below its 5-year average (22.4% per year).
Earnings vs Industry: CBTX earnings growth over the past year (6.8%) underperformed the Banks industry 12%.
Return on Equity
High ROE: CBTX's Return on Equity (9.4%) is considered low.
How is CBTX's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: CBTX has a low level of unsold assets or inventory.
Debt Coverage by Assets: CBTX's debt is covered by short term assets (assets are 7.4x debt).
Financial Institutions Analysis
Asset Level: CBTX's level of assets compared to its equity is low.
Allowance for Bad Loans: CBTX has a sufficient allowance for bad loans.
Low Risk Liabilities: CBTX's liabilities are made up of primarily low risk sources of funding.
Loan Level: CBTX has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CBTX's loans are broadly funded by customer deposits.
Level of Bad Loans: CBTX has an appropriate level of bad loans (0.04%)
What is CBTX's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CBTX's dividend (1.42%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: CBTX's dividend (1.42%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CBTX has been paying a dividend for less than 10 years.
Growing Dividend: CBTX's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.7%), CBTX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CBTX's dividends in 3 years are forecast to be well covered by earnings (28% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Bob Franklin (64yo)
Mr. Robert R. Franklin, Jr., also known as Bob, has been Chairman, President and Chief Executive Officer at CBTX, Inc. since January 2015, December 2015 and January 2014 respectively. Mr. Franklin has been ...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD1.63M) is below average for companies of similar size in the US market ($USD2.51M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
|Vice Chairman||5.1yrs||US$1.09m||0.50% $3.5m|
|CFO & Advisory Director||0yrs||US$544.50k||0.22% $1.6m|
|Independent Director||7.1yrs||US$57.73k||0.85% $5.9m|
|Independent Director||13.1yrs||US$38.33k||1.39% $9.7m|
|Independent Director||13.1yrs||US$37.33k||4.88% $34.2m|
|Independent Director||13.1yrs||US$28.33k||4.89% $34.2m|
|Independent Director||13.1yrs||US$30.83k||4.92% $34.4m|
|Independent Director||2.4yrs||US$61.63k||0.18% $1.3m|
|Independent Director||2.4yrs||US$60.13k||0.21% $1.4m|
Experienced Board: CBTX's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CBTX, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: CBTX, Inc.
- Ticker: CBTX
- Exchange: NasdaqGS
- Founded: 2007
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$699.690m
- Shares outstanding: 24.98m
- Website: https://www.communitybankoftx.com
Number of Employees
- CBTX, Inc.
- 9 Greenway Plaza
- Suite 110
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CBTX||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Nov 2017|
CBTX, Inc. operates as the bank holding company for CommunityBank of Texas, National Association that provides commercial banking solutions to small and mid-sized businesses, and professionals in the United States. The company offers various deposit products, including demand, savings, money market, and time accounts; and loans, such as commercial and industrial loans, commercial real estate loans, construction and development loans, 1-4 family residential mortgage loans, multi-family residential loans, consumer loans, and agricultural loans. It also provides treasury and online banking services. CBTX, Inc. operates 35 banking locations, including 19 branches in Houston; 15 branches in Beaumont; and 1 branch in Dallas. The company was formerly known as CBFH, Inc. and changed its name to CBTX, Inc. in September 2017. CBTX, Inc. was founded in 2007 and is based in Houston, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:39|
|End of Day Share Price||2020/02/24 00:00|
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.