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CBTX (CBTX)

CBTX, Inc. is the bank holding company for CommunityBank of Texas, N.A., a $3.9 billion asset bank, offering commercial banking solutions to small and mid-sized businesses and professionals in Houston, Dallas, Beaumont and surrounding communities in Texas.

CBTX stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

28 Jul 22
8 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 483.97M 483.97M 483.97M 483.97M 483.97M 483.97M
Cash burn (monthly) 95.68M 25.37M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 125.67M 33.33M n/a n/a n/a n/a
Cash remaining 358.29M 450.64M n/a n/a n/a n/a
Runway (months of cash) 3.7 17.8 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
4 Jun 22 Joe F West Common Stock Option exercise Acquire M No No 11.32 8,833 99.99K 57,842
4 Jun 22 Joe F West Employee Stock Options Common Stock Option exercise Dispose M No No 11.32 8,833 99.99K 6,407
3 Jun 22 Michael A Havard Common Stock Buy Acquire P No No 28.6 10,477 299.64K 58,811
5 May 22 Dinsmore Deborah Common Stock Sell Dispose S No No 28.7 8,200 235.34K 8,988
1 Feb 22 R T Pigott JR Common Stock Grant Acquire A No No 0 502 0 65,847
1 Feb 22 Robert R Franklin Jr Common Stock Payment of exercise Dispose F No No 29.43 217 6.39K 276,169
1 Feb 22 Robert R Franklin Jr Common Stock Payment of exercise Dispose F No No 29.43 265 7.8K 276,386
1 Feb 22 Robert R Franklin Jr Common Stock Payment of exercise Dispose F No No 29.43 183 5.39K 276,651
1 Feb 22 Robert R Franklin Jr Common Stock Grant Acquire A No No 0 2,679 0 276,834
46.3% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 96 89 +7.9%
Opened positions 15 17 -11.8%
Closed positions 8 4 +100.0%
Increased positions 35 27 +29.6%
Reduced positions 31 24 +29.2%
13F shares Current Prev Q Change
Total value 351.65M 550.04M -36.1%
Total shares 11.34M 10.43M +8.7%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
FJ Capital Management 1.45M $45.07M +11.4%
BLK Blackrock 1.33M $41.37M +0.0%
King Luther Capital Management 1.23M $38.14M +0.1%
Vanguard 944.37K $29.28M +0.1%
Basswood Capital Management, L.L.C. 924.18K $28.65M +9.6%
STT State Street 597.95K $18.61M +24.9%
Dimensional Fund Advisors 431.75K $13.39M +26.2%
Stieven Capital Advisors 406.97K $12.62M NEW
Integrated Wealth Concepts 335.94K $10.41M -35.2%
Geode Capital Management 327K $10.14M +3.6%
Largest transactions Shares Bought/sold Change
Stieven Capital Advisors 406.97K +406.97K NEW
Integrated Wealth Concepts 335.94K -182.73K -35.2%
FJ Capital Management 1.45M +148.72K +11.4%
TFC Truist Financial 177.8K +127K +250.0%
Sunbelt Securities 0 -126.15K EXIT
STT State Street 597.95K +119.1K +24.9%
Forest Hill Capital 39.78K -111K -73.6%
Royce & Associates 0 -108.71K EXIT
Highland Capital Management Fund Advisors 213.05K +103.84K +95.1%
Dimensional Fund Advisors 431.75K +89.66K +26.2%

Financial report summary

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Management Discussion
  • The increase in net income during the six months ended June 30, 2022, compared to the six months ended June 30, 2021, was primarily due to an increase in net interest income and noninterest income, partially offset by an increase in the provision (recapture) for credit losses. The increase in net income during the three months ended June 30, 2022, compared to the three months ended June 30, 2021, was primarily due to an increase in net interest income and a decrease in noninterest expense, partially offset by an increase in the provision (recapture) for credit losses. See further analysis of the material fluctuations in the related discussions that follow.
  • Net interest income increased $3.4 million during the six months ended June 30, 2022, compared to the six months ended June 30, 2021, primarily due higher average rates on interest-bearing deposits at other financial institutions and securities, higher average securities and loans and lower rates on interest-bearing deposits, partially offset by lower rates on loans.
  • The yield on interest-earning assets was 3.44% for the six months ended June 30, 2022, compared to 3.62% for the six months ended June 30, 2021. The cost of interest-bearing liabilities was 0.26% for the six months ended June 30, 2022 and 0.33% for the six months ended June 30, 2021. Yields on interest-earning assets decreased and the costs of interest-bearing liabilities remained at about the same level, which caused compression of the Company’s net interest margin on a tax equivalent basis to 3.35% for the six months ended June 30, 2022, compared to 3.49% for the six months ended June 30, 2021.

Content analysis

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H.S. freshman Avg
New words: advisory, attestation, deployment, downgraded, experience, extensive, golden, lose, nonbinding, parachute, receipt, recover, repricing, requisite, upgraded
Removed: comply, complying, decided, decision, deferral, elevated, fee, irrevocable, offered, participated, response