Recap: Spirit of Texas Bancshare Q3 Earnings

Benzinga Insights

Tue, Oct 20, 2020, 4:47 PM1 min read

Shares of Spirit of Texas Bancshare (NASDAQ:STXB) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share fell 5.00% over the past year to $0.38, which beat the estimate of $0.30.

Revenue of $31,033,000 higher by 33.99% year over year, which beat the estimate of $29,040,000.

Outlook

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

View more earnings on STXB

Spirit of Texas Bancshare hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $23.48

52-week low: $8.96

Price action over last quarter: Up 12.83%

Company Description

Spirit of Texas Bancshares Inc offers a broad range of commercial and retail banking services. The company offers business checking accounts, lending, treasury management, mortgages, personal financial security, and mobile and online banking services. Its only reportable segment being the business, community banking, provides a broad range of retail and commercial banking services.

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Recap: Spirit of Texas Bancshare Q3 Earnings

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