Allegiance Bancshares: 4Q Earnings Snapshot
HOUSTON (AP) _ Allegiance Bancshares Inc. (ABTX) on Friday reported fourth-quarter earnings of $13.2 million.
The Houston-based bank said it had earnings of 59 cents per share. Earnings, adjusted for non-recurring costs, came to 62 cents per share.
The bank holding company posted revenue of $58.6 million in the period. Its revenue net of interest expense was $48.2 million, exceeding Street forecasts.
For the year, the company reported profit of $37.3 million, or $2.37 per share. Revenue was reported as $136.3 million.
Allegiance Bancshares shares have increased roughly 10 percent since the beginning of the year. The stock has fallen slightly more than 9 percent in the last 12 months.