CBTX, Inc. (CBTX) Research
CBTX, Inc. serves as the parent company for CommunityBank of Texas, National Association, delivering a comprehensive suite of commercial banking products and services. The company primarily caters to the financial needs of small and mid-sized businesses, as well as professionals throughout the United States. Its diverse offerings include various deposit accounts, such as checking (demand) accounts, money market accounts, savings accounts, time deposits, and certificates of deposit. CBTX also provides a wide array of lending solutions, encompassing commercial and industrial loans, commercial real estate financing, construction and development loans, residential mortgages (for both 1-4 family and multi-family properties), consumer loans, and agricultural credit. Additionally, clients can access treasury management and online banking services. The bank maintains a physical presence through 34 banking locations, with its network including 18 branches in Houston, 15 in Beaumont, and a single branch in Dallas. Headquartered in Beaumont, Texas, CBTX, Inc. was initially established in 2007 as CBFH, Inc. and adopted its current name in September 2017.
Market snapshot
- Symbol
- CBTX
- Price
- $29.25
- Day change
- -1.42%
- Market cap
- $1.5B
- P/E ratio
- 6.81x
- 52-week range
- 26.11-33.1
- Sector
- Financial Services
- Industry
- Banks - Regional
Peer companies
Recent insider activity
- Akin Okan I. — M-Exempt (11200 shares) on 2023-12-04
- Akin Okan I. — S-Sale (11200 shares) on 2023-12-04
- Akin Okan I. — M-Exempt (11200 shares) on 2023-12-04
- Egge Paul P — S-Sale (4000 shares) on 2023-11-06
- Egge Paul P — F-InKind (1513 shares) on 2023-10-01
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