CBTX, Inc. operates as the bank holding company for CommunityBank of Texas, National Association that provides commercial banking products and services to small and mid-sized businesses, and professionals in the United States.
Flawless balance sheet and fair value.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CBTX underperformed the US Banks industry which returned -19% over the past year.
Return vs Market: CBTX underperformed the US Market which returned 16.4% 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
3 weeks ago | Simply Wall StCBTX's(NASDAQ:CBTX) Share Price Is Down 40% Over The Past Year.
1 month ago | Simply Wall StHere's What We Like About CBTX's (NASDAQ:CBTX) Upcoming Dividend
2 months ago | Simply Wall StDoes CBTX, Inc. (NASDAQ:CBTX) Have A Place In Your Dividend Portfolio?
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 ($17.71) is trading below our estimate of fair value ($23.63)
Significantly Below Fair Value: CBTX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CBTX is poor value based on its PE Ratio (12.4x) compared to the US Banks industry average (9.9x).
PE vs Market: CBTX is good value based on its PE Ratio (12.4x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: CBTX is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: CBTX's PB Ratio (0.8x) is in line with the US Banks industry average.
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 forecast earnings growth (5.4% per year) is above the savings rate (2.2%).
Earnings vs Market: CBTX's earnings (5.4% per year) are forecast to grow slower than the US market (23.7% per year).
High Growth Earnings: CBTX's earnings are forecast to grow, but not significantly.
Revenue vs Market: CBTX's revenue (0.07% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: CBTX's revenue (0.07% 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 (5.4%).
How has CBTX performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBTX has high quality earnings.
Growing Profit Margin: CBTX's current net profit margins (26.7%) are lower than last year (35.6%).
Past Earnings Growth Analysis
Earnings Trend: CBTX's earnings have grown by 17.1% per year over the past 5 years.
Accelerating Growth: CBTX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CBTX had negative earnings growth (-31.8%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: CBTX's Return on Equity (6.6%) 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
Financial Institutions Analysis
Asset Level: CBTX's Assets to Equity ratio (7.3x) is low.
Allowance for Bad Loans: CBTX has a sufficient allowance for bad loans (355%).
Low Risk Liabilities: 97% of CBTX's liabilities are made up of primarily low risk sources of funding.
Loan Level: CBTX has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: CBTX's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: CBTX has an appropriate level of bad loans (0.4%).
What is CBTX current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CBTX's dividend (2.26%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: CBTX's dividend (2.26%) is low compared to the top 25% of dividend payers in the US market (4.35%).
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 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.1%), 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 (33.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Franklin (65 yo)
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 ($USD2.12M) is about average for companies of similar size in the US market ($USD2.03M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Senior EVP||no data||US$615.57k||0.22% |
|Investor Relations Officer||no data||no data||0.29% |
|President of CommunityBank of Texas N.A.||8.67yrs||no data||0.053% |
Experienced Management: CBTX's management team is seasoned and experienced (7.6 years average tenure).
|Senior EVP||no data||US$615.57k||0.22% |
|Independent Director||7.58yrs||US$56.22k||0.89% |
|Independent Director||13.58yrs||US$41.42k||4.82% |
|Independent Director||13.58yrs||US$19.42k||4.89% |
|Independent Director||13.58yrs||US$30.42k||4.92% |
|Vice Chairman||5.58yrs||US$1.09m||0.51% |
|Independent Director||7.58yrs||US$62.52k||1.04% |
|Independent Director||2.92yrs||US$69.42k||0.18% |
|Independent Director||2.92yrs||US$52.52k||0.31% |
|Advisory Director||no data||no data||no data|
|Independent Director||3.58yrs||US$13.42k||0.020% |
Experienced Board: CBTX's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CBTX 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$441.877m
- Shares outstanding: 24.95m
- 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|
|C9N||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 2017|
CBTX, Inc. operates as the bank holding company for CommunityBank of Texas, National Association that provides commercial banking products and services to small and mid-sized businesses, and professionals ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/11 00:25|
|End of Day Share Price||2020/08/10 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.