Complete financial analysis of Spirit of Texas Bancshares, Inc. (STXB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Spirit of Texas Bancshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
- Arhaus, Inc. (ARHS) Income Statement Analysis – Financial Results
- ASR Nederland N.V. (ASRNL.AS) Income Statement Analysis – Financial Results
- RHÖN-KLINIKUM Aktiengesellschaft (RKAGY) Income Statement Analysis – Financial Results
- Casing Macron Technology Co., Ltd. (3325.TWO) Income Statement Analysis – Financial Results
- MBX Biosciences, Inc. Common Stock (MBX) Income Statement Analysis – Financial Results
Spirit of Texas Bancshares, Inc. (STXB)
About Spirit of Texas Bancshares, Inc.
Spirit of Texas Bancshares, Inc. operates as the bank holding company for Spirit of Texas Bank SSB that provides various commercial and retail banking services. It offers checking, money market, savings, and individual retirement accounts, as well as various certificates of deposit. The company also provides commercial and industrial loans; 1-4 single family residential real estate loans; construction, land, and development loans; commercial real estate loans, such as owner and nonowner-occupied commercial real estate loans, multifamily loans, and farmland loans; consumer loans and leases; and municipal and other loans. In addition, it offers a range of ancillary banking services, including treasury management services, consumer and commercial online banking services, mobile applications, safe deposit boxes, wire transfer services, debit cards, and ATM access. Further, it provides credit card processing and co-branded credit card services; and invests in U.S. Treasury bills and notes, as well as in securities of federally sponsored agencies, such as Federal Home Loan Bank bonds. As of February 26, 2022, it had 35 locations in the Houston, Dallas/Fort Worth, Bryan/College Station, Austin, San Antonio-New Braunfels, Corpus Christi, Austin, and Tyler metropolitan areas, as well as offices in North Central and South Texas. The company serves individuals, professionals, small and medium-sized businesses, and commercial companies. Spirit of Texas Bancshares, Inc. was incorporated in 2008 and is headquartered in Conroe, Texas.
| Metric | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Revenue | 128.19M | 124.81M | 92.46M | 57.50M | 48.26M | 41.82M | 41.16M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 128.19M | 124.81M | 92.46M | 57.50M | 48.26M | 41.82M | 41.16M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 49.92M | 49.59M | 40.63M | 30.30M | 25.94M | 23.96M | 35.78M |
| Selling & Marketing | 676.00K | 955.00K | 1.16M | 889.00K | 1.13M | 937.00K | 0.00 |
| SG&A | 50.59M | 50.54M | 41.79M | 31.19M | 27.07M | 24.90M | 35.78M |
| Other Expenses | -114.65M | -118.98M | -90.32M | -66.39M | -58.66M | -54.67M | 5.53M |
| Operating Expenses | -64.05M | -68.43M | -48.53M | -35.20M | -31.59M | -29.77M | 41.31M |
| Cost & Expenses | -64.05M | -68.43M | -48.53M | -35.20M | -31.59M | -29.77M | 46.83M |
| Interest Income | 125.52M | 123.55M | 95.26M | 57.34M | 46.91M | 40.21M | 0.00 |
| Interest Expense | 11.41M | 17.61M | 17.37M | 10.32M | 8.33M | 6.73M | 5.53M |
| Depreciation & Amortization | 7.42M | 7.81M | 6.87M | 3.08M | 2.47M | 2.46M | 2.56M |
| EBITDA | 71.56M | 64.19M | 50.79M | 25.39M | 19.13M | 14.51M | 13.46M |
| EBITDA Ratio | 55.82% | 51.43% | 54.94% | 44.15% | 39.64% | 34.70% | 32.71% |
| Operating Income | 64.13M | 56.38M | 43.93M | 22.30M | 16.67M | 12.05M | 5.38M |
| Operating Income Ratio | 50.03% | 45.17% | 47.51% | 38.79% | 34.54% | 28.82% | 13.06% |
| Total Other Income/Expenses | -11.41M | -17.61M | -17.37M | -10.32M | -8.33M | -6.73M | 0.00 |
| Income Before Tax | 52.73M | 38.77M | 26.56M | 11.98M | 8.34M | 5.32M | 5.38M |
| Income Before Tax Ratio | 41.13% | 31.06% | 28.72% | 20.83% | 17.28% | 12.73% | 13.06% |
| Income Tax Expense | 10.67M | 7.46M | 5.42M | 2.00M | 3.59M | 1.61M | 1.88M |
| Net Income | 42.05M | 31.31M | 21.14M | 9.98M | 4.75M | 3.72M | 3.50M |
| Net Income Ratio | 32.81% | 25.09% | 22.86% | 17.35% | 9.85% | 8.88% | 8.50% |
| EPS | 2.36 | 1.77 | 1.40 | 0.82 | 0.50 | 0.39 | 0.37 |
| EPS Diluted | 2.36 | 1.77 | 1.40 | 0.82 | 0.50 | 0.39 | 0.37 |
| Weighted Avg Shares Out | 17.78M | 17.65M | 15.11M | 12.10M | 9.49M | 9.49M | 9.49M |
| Weighted Avg Shares Out (Dil) | 17.78M | 17.65M | 15.11M | 12.10M | 9.49M | 9.49M | 9.49M |
Spirit Of Texas Bancshares, Inc.'s (STXB) CEO Dean Bass on Q4 2021 Results - Earnings Call Transcript
Spirit of Texas (STXB) Q4 Earnings and Revenues Top Estimates
Earnings Preview: Spirit of Texas (STXB) Q4 Earnings Expected to Decline
SPIRIT OF TEXAS BANCSHARES, INC. ANNOUNCES 2021 FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE
SHAREHOLDER ALERT: WeissLaw LLP MPHX, STXB, CSPR, and VSAT Shareholders About Its Ongoing Investigations
STXB Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Spirit of Texas Bancshares, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – STXB
Spirit of Texas Bancshares, Inc. (STXB) CEO Dean Bass on Q3 2021 Results - Earnings Call Transcript
Top Ranked Momentum Stocks to Buy for September 30th
Here's Why "Trend" Investors Would Love Betting on Spirit of Texas (STXB)
Spirit of Texas Bancshares, Inc. Increases Quarterly Cash Dividend by 33%
Source: https://incomestatements.info
Category: Stock Reports