CBTX, Inc. (CBTX)
CBTX, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Houston, TX, US. The stock last traded at $29.25, down 1.42% on the session, giving a market capitalisation of $1.55B. On trailing twelve-month figures it carries a trailing P/E of 6.80, a net margin of 17.9%. Its beta of 0.96 implies it has historically moved less than the broad market.
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.
CBTX, Inc. is most often compared with the following Financial Services names: