NasdaqGS:STXB

Stock Analysis Report

Spirit of Texas Bancshares

Executive Summary

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.

Snowflake

Fundamentals

Flawless balance sheet with high growth potential.

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


Market Performance


7 Day Return

0%

NasdaqGS:STXB

0.3%

US Banks

0.9%

US Market


1 Year Return

-4.4%

NasdaqGS:STXB

-13.6%

US Banks

0.3%

US Market

STXB outperformed the Banks industry which returned -14.2% over the past year.

STXB underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

STXBIndustryMarket
7 Day0%0.3%0.9%
30 Day-5.6%-5.1%-1.9%
90 Day-6.0%-3.5%1.6%
1 Year-4.4%-4.4%-11.2%-13.6%2.6%0.3%
3 Yearn/a43.6%33.7%41.0%31.8%
5 Yearn/a53.7%37.0%55.2%38.0%

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

Valuation

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

34%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Spirit of Texas Bancshares's share price is below the future cash flow value, and at a moderate discount (> 20%).

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


Price Based on Earnings

Spirit of Texas Bancshares is overvalued based on earnings compared to the US Banks industry average.

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


Price Based on Expected Growth

Spirit of Texas Bancshares is good value based on expected growth next year.


Price Based on Value of Assets

Spirit of Texas Bancshares is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

54.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Spirit of Texas Bancshares's revenue is expected to grow significantly at over 20% yearly.

Spirit of Texas Bancshares's earnings are expected to grow significantly at over 20% yearly.

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

Spirit of Texas Bancshares's earnings growth is expected to exceed the United States of America market average.

Spirit of Texas 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 Spirit of Texas Bancshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Spirit of Texas Bancshares performed over the past 5 years?

38.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Spirit of Texas Bancshares's 1-year earnings growth exceeds its 5-year average (106.7% vs 38.4%)

Spirit of Texas Bancshares's earnings growth has exceeded the US Banks industry average in the past year (106.7% vs 33.2%).


Return on Equity

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


Return on Assets

Spirit of Texas 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 Spirit of Texas 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 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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

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

Spirit of Texas Bancshares has a sufficient allowance for bad loans.

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

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

Loans at Spirit of Texas Bancshares are broadly funded by customer deposits.

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


Next Steps

Dividend

What is Spirit of Texas Bancshares's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

Unable to evaluate Spirit of Texas 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 Spirit of Texas Bancshares has not reported any payouts.

Unable to verify if Spirit of Texas 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 Spirit of Texas 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 Spirit of Texas Bancshares's salary, the management and board of directors tenure and is there insider trading?

6.6yrs

Average management tenure


CEO

Dean Bass (68yo)

11.6yrs

Tenure

US$816,084

Compensation

Mr. Dean O. Bass is the Chairman and Chief Executive Officer at Spirit of Texas Bancshares, Inc. since 2008. He was employed by Royal Oaks Bank, SSB, serving as its President and CEO. From 1996 to 2000 he  ...


CEO Compensation Analysis

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

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


Management Age and Tenure

6.6yrs

Average Tenure

62yo

Average Age

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


Board Age and Tenure

9.6yrs

Average Tenure

65yo

Average Age

The tenure for the Spirit of Texas Bancshares board of directors is about average.


Insider Trading

More shares have been bought than sold by Spirit of Texas Bancshares individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$107,50001 Aug 19
Steven Morris
EntityIndividual
Shares5,000
Max PriceUS$21.50
BuyUS$107,50001 Aug 19
Leo Metcalf
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$21.50
BuyUS$645,00001 Aug 19
Robert Beall
EntityIndividual
Role
Member of the Board of Directors
Director
Shares30,000
Max PriceUS$21.50
BuyUS$86,00001 Aug 19
Nelda Blair
EntityIndividual
Shares4,000
Max PriceUS$21.50
BuyUS$133,19004 Jun 19
Robert Beall
EntityIndividual
Role
Member of the Board of Directors
Director
Shares6,000
Max PriceUS$22.25
BuyUS$20,18415 Mar 19
Leo Metcalf
EntityIndividual
Role
Member of the Board of Directors
Director
Shares941
Max PriceUS$21.45
BuyUS$21,60006 Mar 19
Steven Morris
EntityIndividual
Shares1,000
Max PriceUS$21.60
BuyUS$21,65025 Feb 19
Steven Morris
EntityIndividual
Shares1,000
Max PriceUS$21.65
BuyUS$17,95502 Oct 18
Thomas Sooy
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,710
Max PriceUS$10.50

Ownership Breakdown


Management Team

  • Jeff Powell (61yo)

    Executive VP & CFO

    • Tenure: 2.1yrs
    • Compensation: US$444.87k
  • David McGuire (55yo)

    President & Director

    • Tenure: 0.0yrs
    • Compensation: US$809.92k
  • Dean Bass (68yo)

    Chairman of the Board & CEO

    • Tenure: 11.6yrs
    • Compensation: US$816.08k
  • Jerry Golemon (63yo)

    Executive VP & COO

    • Tenure: 2.6yrs
    • Compensation: US$414.99k

Board Members

  • Robert Beall (61yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$63.14k
  • Tom Sooy (72yo)

    Director

    • Tenure: 9.6yrs
    • Compensation: US$90.14k
  • David McGuire (55yo)

    President & Director

    • Tenure: 0.0yrs
    • Compensation: US$809.92k
  • Dean Bass (68yo)

    Chairman of the Board & CEO

    • Tenure: 11.6yrs
    • Compensation: US$816.08k
  • H. Patel (75yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$60.54k
  • Steve Morris (67yo)

    Director

    • Tenure: 11.6yrs
    • Compensation: US$89.84k
  • Akash Patel (36yo)

    Director

    • Tenure: 10.6yrs
    • Compensation: US$64.14k
  • Thomas Jones (63yo)

    Director

    • Tenure: 2.1yrs
    • Compensation: US$61.34k
  • Tommy Metcalf (71yo)

    Director

    • Tenure: 9.6yrs
    • Compensation: US$85.84k
  • Kendall Nix (57yo)

    Director

    • Tenure: 0.8yrs

Company Information

Spirit of Texas Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Spirit of Texas Bancshares, Inc.
  • Ticker: STXB
  • Exchange: NasdaqGS
  • Founded: 2008
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$333.733m
  • Shares outstanding: 15.79m
  • Website: https://www.sotb.com

Number of Employees


Location

  • Spirit of Texas Bancshares, Inc.
  • 1836 Spirit of Texas Way
  • Conroe
  • Texas
  • 77301
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STXBNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMay 2018

Biography

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 individua ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:54
End of Day Share Price2019/08/19 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.