Company profile

Ticker
ABTX
Exchange
CEO
Steven F. Retzloff
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK

ABTX stock data

(
)

Calendar

1 May 20
12 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 57.45M 58.15M 58.67M 58.95M
Net income 3.52M 13.99M 12.05M 14.25M
Diluted EPS 0.17 0.67 0.57 0.66
Net profit margin 6.12% 24.05% 20.54% 24.17%
Net change in cash -171.36M 45.63M 68.01M -26.24M
Cash on hand 174.89M 346.25M 300.62M 232.61M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 232.91M 158.22M 119.44M 100.78M
Net income 52.96M 37.31M 17.63M 22.85M
Diluted EPS 2.47 2.37 1.31 1.75
Net profit margin 22.74% 23.58% 14.76% 22.67%
Net change in cash 77.3M 86.84M 40.01M -6.33M
Cash on hand 346.25M 268.95M 182.1M 142.1M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
23 Apr 20 Denise Castillo-Rhodes Common Stock Grant Aquire A No 0 900 0 900
23 Apr 20 Hartzell Matthew H. Common Stock Grant Aquire A No 0 900 0 13,353
23 Apr 20 Ivany Robert Common Stock Grant Aquire A No 0 900 0 2,329
49.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 102 105 -2.9%
Opened positions 12 30 -60.0%
Closed positions 15 8 +87.5%
Increased positions 38 34 +11.8%
Reduced positions 29 24 +20.8%
13F shares
Current Prev Q Change
Total value 1.48B 554.64M +167.6%
Total shares 10.07M 10.48M -3.9%
Total puts 0 0
Total calls 0 5.8K EXIT
Total put/call ratio
Largest owners
Shares Value Change
BLK BlackRock 2.94M $70.86M -2.6%
Vanguard 1.18M $28.48M +1.6%
Dimensional Fund Advisors 846.11K $20.4M +7.4%
STT State Street 712.6K $17.18M +0.9%
IVZ Invesco 453.28K $10.93M -11.6%
NTRS Northern Trust 396.38K $9.56M +59.2%
Banc Funds 301.56K $7.27M -31.1%
Geode Capital Management 285.31K $6.88M +6.8%
BK Bank Of New York Mellon 215.33K $5.19M -6.3%
Carlton Hofferkamp & Jenks Wealth Management 175.23K $4.89M +6.5%
Largest transactions
Shares Bought/sold Change
NTRS Northern Trust 396.38K +147.44K +59.2%
Banc Funds 301.56K -136.2K -31.1%
Mutual Of America Capital Management 833 -109.54K -99.2%
Context BH Capital Management 0 -101.53K EXIT
BLK BlackRock 2.94M -77.2K -2.6%
BCS Barclays 15.23K -63.07K -80.5%
IVZ Invesco 453.28K -59.23K -11.6%
Dimensional Fund Advisors 846.11K +57.97K +7.4%
Royce & Associates 167.71K -48.13K -22.3%
MS Morgan Stanley 56.43K -40.01K -41.5%

Financial report summary

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Risks
  • The COVID-19 pandemic has adversely impacted our business and financial results, and the ultimate impact will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities in response to the pandemic.
Management Discussion
  • Net income was $3.5 million, or $0.17 per diluted share, for the first quarter 2020 compared to $12.7 million, or $0.58 per diluted share, for the first quarter 2019. The first quarter 2020 results were negatively impacted by the increased provision expense and write-downs in other real estate in response to COVID-19-related uncertainties in the current economic environment.  Annualized returns on average assets, average shareholders’ equity and average tangible shareholders’ equity were 0.29%, 1.98% and 3.02%, respectively, compared to 1.08%, 7.27% and 11.22%, respectively, for the three months ended March 31, 2020 and 2019, respectively. Average return on tangible shareholders’ equity is a non-GAAP financial measure. See the GAAP to non-GAAP reconciliation table provided for a more detailed analysis. The efficiency ratio increased to 68.13% for the first quarter 2020 from 64.97% for the first quarter 2019 primarily due to write-downs in other real estate during the first quarter 2020. The efficiency ratio is calculated by dividing total noninterest expense by the sum of net interest income plus noninterest income, excluding net gains and losses on the sale of loans, securities and assets. Additionally, taxes and provision for loan losses are not part of the efficiency ratio calculation.
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