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CBTX Priced, Nasdaq: CBTX

Commercial bank with locations throughout Southeast Texas.

Industry: Financials

Latest Trade: $29.83 0.00 (0.0%)

First Day Return: +10.4%

Return from IPO: +14.7%

Industry: Financials

We are a bank holding company that operates through our wholly-owned subsidiary, CommunityBank of Texas, in Houston and Beaumont, Texas. We focus on providing commercial banking solutions to local small and mid-sized businesses and professionals in our markets. As a banking company that operates through one segment, community banking, we generate most of our revenue from interest on loans and investments, customer service and loan fees, and fees related to the sale of mortgage loans. We incur interest expense on deposits and other borrowed funds, as well as noninterest expense, such as salaries and employee benefits and occupancy expenses.
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IPO News for CBTX
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IPO Data
IPO File Date 10/13/2017
Offer Price $26.00
Price Range $24.00 - $26.00
Offer Shares (mm) 2.4
Deal Size ($mm) $62
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/07/2017
Offer Price $26.00
Price Range $24.00 - $26.00
Offer Shares (mm) 2.4
Deal Size ($mm) $62
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Beaumont, TX
Founded 2007
Employees 472
Website www.communitybankoftx.com