CBTX, Inc. (Texas)

CBTX, Inc. (Texas)

CBTX, Inc. (Texas)

Overview
Date Founded

2007

Headquarters

9 Greenway Plaza, Suite 110, Houston, TX, 77046, USA

Type of Company

Public

Employees (Worldwide)

495

Industries

Retail & Commercial Banking
Holding Companies

Company Description

CBTX, Inc. is a bank holding company. It engages in the provision of commercial banking solutions to local small and mid-sized businesses and professionals. The company was founded by J. Pat Parsons on January 26, 2007 and is headquartered in Houston, TX.

In The News
Marketline Newswire
January 29, 2020
CBTX announces Q4 and year end financial results
Associated Press Financial Wire
January 29, 2020
CBTX: 4Q Earnings Snapshot
Global Banking News
December 23, 2019
-CBTX declares dividend
Associated Press Financial Wire
October 24, 2019
CBTX: 3Q Earnings Snapshot
Executives & Employees

Chairman, President & Chief Executive Officer

North Texas Regional Chairman

Vice Chairman

Executive Vice President

Executive Officer

Board of Directors

President & Director at The Reaud Charitable Foundation, Inc.

Former Director-Education Board at Lamar University

Chairman, President & Chief Executive Officer at CBTX, Inc. (Texas)

Vice Chairman at CommunityBank of Texas, NA (Beaumont)

Founder at Provost Umphrey Law Firm LLP

Former Auditor at Peat Marwick Mitchell & Co.

Managing Partner at Reaud, Morgan & Quinn

Co-Founder at The Sprint Cos.

Independent Director at CBTX, Inc. (Texas)

Paths to CBTX, Inc. (Texas)
Potential Connections via
Relationship Science
You
CBTX, Inc. (Texas)
Owners & Shareholders
Details Hidden

Sunbelt Securities, Inc. is an American private company located in Houston, TX, that provides investment advice. It was founded in 1995. Patrick Joseph Smetek has been the CEO since 1998.

Details Hidden

STA Wealth Management strives to assist their clients in prudently addressing the various risks facing investors including principal, longevity, purchasing power and volatility. They use various methods of security analysis and investment strategies in formulating investment advice and/or managing client assets.

Details Hidden

Mendon Capital Advisors Corp.'s investment strategies focus on the financial services sector. The firm believes that abnormal absolute returns can be earned in the financial services sector due to ongoing industry consolidation, which they believe can be expected to continue for many years. In addition, Mendon believes that the financial services sector provides investment opportunities in almost all types of interest rate, credit quality and other macroeconomic environments. The firm generally focuses more on smaller-cap companies in which it is possible to gain an information advantage through research, and experience.Mendon's general philosophy is to identify companies that meet either long bullish or short bearish criteria. This strategy provides advisory clients with adequate flexibility to take advantage of opportunities identified during both rising and declining markets. The firm may purchase or sell put options or call options for their advisory clients to protect the underlying investments and to generate income or for speculative purposes.

Recent Transactions
Details Hidden

CBTX, Inc. (Texas) issued USD Common Stock

Details Hidden

CBTX, Inc. (Texas) purchases MC Bancshares, Inc.

Details Hidden

CommunityBank of Texas, NA (Beaumont), CBTX, Inc. (Texas) purchase VB Texas, Inc.

Transaction Advisors
Legal Advisor

Advised onCBTX, Inc. (Texas) purchases MC Bancshares, Inc.

Escrow Agent

Advised onCBTX, Inc. (Texas) issued USD Common Stock

Escrow Agent

Advised onCBTX, Inc. (Texas) issued USD Common Stock

Legal Advisor

Advised onCBTX, Inc. (Texas) purchases MC Bancshares, Inc.

Legal Advisor

Advised onCBTX, Inc. (Texas) purchases MC Bancshares, Inc.

Legal Advisor

Advised onCBTX, Inc. (Texas) purchases MC Bancshares, Inc.

Key Stats and Financials As of 2018
Market Capitalization
$780M
Total Enterprise Value
$685M
Earnings Per Share
$1.89
Revenue
$149M
Net Profit
$47.3M
Total Equity
$488M
Total Debt
$4.07M
Three Year Compounded Annual Growth Rate Of Revenue
7.96%
Enterprise Value Sales
4.59x
TEVNet Income
14.49x
Debt TEV
0.01x
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by CBTX, Inc. (Texas). The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of CBTX, Inc. (Texas)'s profile does not indicate a business or promotional relationship of any kind between RelSci and CBTX, Inc. (Texas).