Spirit of Texas Bancshares, Inc. operates as the holding company for Spirit of Texas Bank SSB that provides various commercial and retail banking services to small and medium-sized businesses and individuals.
Excellent balance sheet with solid track record.
Share Price & News
How has Spirit of Texas Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STXB's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: STXB underperformed the US Banks industry which returned -18.2% over the past year.
Return vs Market: STXB underperformed the US Market which returned 8.4% over the past year.
Price Volatility Vs. Market
How volatile is Spirit of Texas Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIndependent Director Robert Beall Just Bought 4.6% More Shares In Spirit of Texas Bancshares, Inc. (NASDAQ:STXB)
3 weeks ago | Simply Wall StOne Thing To Remember About The Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) Share Price
1 month ago | Simply Wall StWhat Kind Of Shareholder Appears On The Spirit of Texas Bancshares, Inc.'s (NASDAQ:STXB) Shareholder Register?
Is Spirit of Texas Bancshares 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: STXB ($12.49) is trading below our estimate of fair value ($13.51)
Significantly Below Fair Value: STXB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: STXB is good value based on its PE Ratio (9.5x) compared to the Banks industry average (9.8x).
PE vs Market: STXB is good value based on its PE Ratio (9.5x) compared to the US market (16x).
Price to Earnings Growth Ratio
PEG Ratio: STXB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: STXB is good value based on its PB Ratio (0.6x) compared to the US Banks industry average (0.8x).
How is Spirit of Texas Bancshares 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: STXB's earnings are forecast to decline over the next 3 years (-11.5% per year).
Earnings vs Market: STXB's earnings are forecast to decline over the next 3 years (-11.5% per year).
High Growth Earnings: STXB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: STXB's revenue (6.5% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: STXB's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if STXB's Return on Equity is forecast to be high in 3 years time
How has Spirit of Texas Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STXB has high quality earnings.
Growing Profit Margin: STXB's current net profit margins (22%) are higher than last year (19.5%).
Past Earnings Growth Analysis
Earnings Trend: STXB's earnings have grown significantly by 42.7% per year over the past 5 years.
Accelerating Growth: STXB's earnings growth over the past year (81.2%) exceeds its 5-year average (42.7% per year).
Earnings vs Industry: STXB earnings growth over the past year (81.2%) exceeded the Banks industry 2.9%.
Return on Equity
High ROE: STXB's Return on Equity (6.2%) is considered low.
How is Spirit of Texas Bancshares'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: STXB's Assets to Equity ratio (7.4x) is low.
Allowance for Bad Loans: STXB has a low allowance for bad loans (99%).
Low Risk Liabilities: 94% of STXB's liabilities are made up of primarily low risk sources of funding.
Loan Level: STXB has an appropriate level of Loans to Assets ratio (79%).
Low Risk Deposits: STXB's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: STXB has an appropriate level of bad loans (0.4%).
What is Spirit of Texas Bancshares's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate STXB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate STXB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if STXB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if STXB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of STXB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dean Bass (68yo)
Mr. Dean O. Bass is the Chief Executive Officer at Spirit of Texas Bancshares, Inc. and Spirit of Texas Bank, SSB since 2008 and served as its Chairman since 2008 until April 2020. He has been Chairman of ...
CEO Compensation Analysis
Compensation vs Market: Dean's total compensation ($USD1.06M) is about average for companies of similar size in the US market ($USD1.37M).
Compensation vs Earnings: Dean's compensation has increased by more than 20% in the past year.
|Chief Executive Officer||12.33yrs||US$1.06m||1.14% $2.5m|
|President & Director||11.33yrs||US$1.01m||0.84% $1.9m|
|Executive VP||3.33yrs||US$441.88k||0.030% $65.2k|
|Interim CFO & Chief Accounting Officer||0.33yr||no data||0.0014% $3.1k|
Experienced Management: STXB's management team is seasoned and experienced (7.3 years average tenure).
|President & Director||11.33yrs||US$1.01m||0.84% $1.9m|
|Acting Independent Chairman of the Board||0.083yr||US$86.57k||0.78% $1.7m|
|Independent Director||7.33yrs||US$57.07k||1.41% $3.1m|
|Independent Director||10.33yrs||US$83.57k||0.15% $339.8k|
|Independent Director||3.58yrs||US$51.57k||0.39% $848.7k|
|Independent Director||1yr||US$12.50k||0.037% $81.2k|
|Independent Director||11.33yrs||US$54.57k||1.04% $2.3m|
|Independent Director||2.83yrs||US$53.57k||0.20% $439.6k|
|Independent Director||10.33yrs||US$80.57k||1.02% $2.3m|
|Director||1.5yrs||no data||3.63% $8.0m|
Experienced Board: STXB's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: STXB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.8%.
Spirit of Texas Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Spirit of Texas Bancshares, Inc.
- Ticker: STXB
- Exchange: NasdaqGS
- Founded: 2008
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$219.984m
- Shares outstanding: 17.61m
- Website: https://www.sotb.com
Number of Employees
- Spirit of Texas Bancshares, Inc.
- 1836 Spirit of Texas Way
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|STXB||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 2018|
Spirit of Texas Bancshares, Inc. operates as the holding company for Spirit of Texas Bank SSB that provides various commercial and retail banking services to small and medium-sized businesses and individuals. It offers checking accounts, money market accounts, savings accounts, certificates of deposit, and IRA accounts. The company also provides commercial and industrial loans; 1-4 single family residential real estate loans; construction, land, and development loans; commercial real estate loans, such as owner-occupied commercial real estate loans, other commercial real estate loans, and multifamily loans and farmland; consumer loans and leases; and municipal and other loans. In addition, it offers debit and credit cards, safe deposit boxes, wire transfer and treasury management services, and online banking services; and invests in U.S. Treasury bills and notes, as well as in securities of federally sponsored agencies, such as Federal Home Loan Bank bonds. The company operates through a network of 23 full-service branches located in the Houston, Dallas/Fort Worth, and Bryan/College Station metropolitan areas, as well as North Central Texas. Spirit of Texas Bancshares, Inc. was founded in 2008 and is headquartered in Conroe, Texas. Spirit of Texas Bancshares, Inc. operates as a subsidiary of KIDD PARTNERS, LTD.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/29 05:16|
|End of Day Share Price||2020/05/28 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.