Allegiance Bancshares, Inc. (ABTX)
ABTX Price and Sentiment
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ALLEGIANCE BANCSHARES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Allegiance Bancshares, Inc. - ABTX2021-11-10 21:40
NEW ORLEANS, Nov. 10, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
NEW YORK, Nov. 10, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Allegiance Bancshares, Inc. ("Allegiance" or the "Company") (NASDAQ: ABTX) in connection with the proposed merger of the Company with CBTX, Inc. ("CBTX") (NASDAQ: CBTX). Under the terms of the merger agreement, Allegiance shareholders will receive 1.4184 shares of CBTX common stock for each Allegiance share that they own, representing implied consideration of $43.49 based upon CBTX's November 9, 2021 closing price of $30.66.
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of CBTX, Inc. with Allegiance Bancshares, Inc.2021-11-09 17:27
New York, New York--(Newsfile Corp. - November 9, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased CBTX, Inc. (NASDAQ: CBTX) ("CBTX" or the "Company") stock prior to November 8, 2021.You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of CBTX with Allegiance Bancshares, Inc. (NASDAQ: ABTX) ("Allegiance"). Under t
Shareholder Alert: Ademi LLP investigates whether Allegiance Bancshares, Inc. has obtained a Fair Price in its transaction with CBTX, Inc.2021-11-08 22:09
MILWAUKEE, Nov. 8, 2021 /PRNewswire/ -- Ademi LLP is investigating Allegiance (NASDAQ: ABTX), for possible breaches of fiduciary duty and other violations of law in its transaction with CBTX. Click here to learn how to join the action: https://www.ademilaw.com/case/allegiance-bancshares-inc or call Guri Ademi toll-free at 866-264-3995.
Allegiance Bancshares Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Allegiance Bancshares, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – ABTX2021-11-08 10:59
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Allegiance Bancshares, Inc. (NASDAQ: ABTX) to CBTX, Inc. is fair to Allegiance shareholders. Under the terms of the merger agreement, Allegiance shareholders will receive 1.4184 shares of CBTX common stock for each share of Allegiance common stock they own. Upon closing of the merger, Allegiance shareholders will own approximately 54% of the combined company. Halper Sadeh encoura
HOUSTON, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (Allegiance), the holding company of Allegiance Bank, and CBTX, Inc. (NASDAQ: CBTX) (CBTX), the parent company of CommunityBank of Texas, N.A., jointly announced today that they have entered into a definitive agreement pursuant to which the companies will combine in an all-stock merger of equals to create a combined company with an equity market capitalization of approximately $1.5 billion and the 17th largest deposit market share in the State of Texas.
Allegiance Bancshares, Inc. (ABTX) CEO Steve Retzloff on Q3 2021 Results - Earnings Call Transcript
Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of -9.71% and 0.11%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
HOUSTON, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ: ABTX) (Allegiance), the holding company of Allegiance Bank (the "Bank"), today reported record net income of $19.1 million and diluted earnings per share of $0.93 for the third quarter 2021 compared to net income of $16.2 million and diluted earnings per share of $0.79 for the third quarter 2020. Net income for the nine months ended September 30, 2021 was $60.0 million, or $2.95 per diluted share, compared to $29.6 million, or $1.44 per diluted share, for the nine months ended September 30, 2020. The third quarter ended September 30, 2021 results were driven by increased net interest income and an increased provision for credit losses compared to the third quarter 2020. The nine months ended September 30, 2021 results were primarily due to a lower provision for credit losses and increased net interest income driven by lower funding costs compared to the nine months ended September 30, 2020.
Allegiance Bancshares (ABTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.