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Do you pledge your allegiance? Allegiance Bancshares files for a $60 million IPO

August 24, 2015

Allegiance Bancshares, a Houston, Texas-based commercial bank serving small to medium-sized businesses, filed on Monday with the SEC to raise up to $60 million in an initial public offering.

The Houston, TX-based company, which was founded in 2007 and booked $93 million in revenue for the 12 months ended June 30, 2015, plans to list on the Nasdaq under the symbol ABTX. Baird and Stephens Inc. are the joint bookrunners on the deal. No pricing terms were disclosed.