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Allegiance Bancshares: Q1 Earnings Insights

 

Allegiance Bancshares (NASDAQ:ABTX) reported its Q1 earnings results on Friday, April 29, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Allegiance Bancshares beat estimated earnings by 10.98%, reporting an EPS of $0.91 versus an estimate of $0.82.

Revenue was up $1.76 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 1.99% drop in the share price the next day.

Here's a look at Allegiance Bancshares's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.95 1 0.90 0.83
EPS Actual 1.06 0.93 1.12 0.89
Revenue Estimate 59.77M 60.46M 57.56M 58.15M
Revenue Actual 60.56M 60.27M 58.87M 57.43M

To track all earnings releases for Allegiance Bancshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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