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Recap: CBTX Q4 Earnings


Benzinga | Jan 27, 2021 04:25PM EST

Recap: CBTX Q4 Earnings

Shares of CBTX (NASDAQ:CBTX) were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share fell 18.00% over the past year to $0.41, which beat the estimate of $0.27.

Revenue of $36,042,000 decreased by 3.90% year over year, which beat the estimate of $35,700,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

CBTX hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $31.50

52-week low: $12.50

Price action over last quarter: Up 39.20%

Company Description

CBTX Inc is the US-based bank holding company. It mainly focuses on providing commercial banking solutions to local small and mid-sized businesses and professionals. The services provided by the company includes business and personal deposits account, personal and business lending, mobile and online banking, merchant banking and others. The company generates a majority of its revenue from interest on loans and investments.






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