Altabancorp

Altabancorp is a bank holding company, which through its subsidiaries, engages in the provision of retail and commercial banking products and services to small and medium sized businesses and individuals. The company was founded in 1905 and is headquartered in American Fork, UT.

Altabancorp (ALTA) delivered earnings and revenue surprises of 7.41% and 2.35%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Altabancorp (ALTA) Q4 Earnings and Revenues Beat Estimates

AMERICAN FORK, Utah--(BUSINESS WIRE)--AltabancorpTM (Nasdaq: ALTA) (the “Company” or “Alta”), the parent company of AltabankTM, reported net income of $11.1 million for the fourth quarter of 2020, compared with $11.3 million for the third quarter of 2020, and $11.7 million for the fourth quarter of 2019. Diluted earnings per common share were $0.58 for the fourth quarter of 2020, compared with $0.60 for the third quarter of 2020, and $0.61 for the fourth quarter of 2019. For the twelve months e

Altabancorp™ Reports Fourth Quarter and Year-End 2020 Results

AMERICAN FORK, Utah--(BUSINESS WIRE)--Altabancorp™ (Nasdaq: ALTA) (the “Company” or “Alta”), the parent company of Altabank™, confirmed that its Board of Directors has received a letter (“Letter”) from the designated representatives of the Section 13D group consisting of various Gunther family members and their related entities (“Gunther Family 13D Group”) that was filed as part of the Amendment No. 2 to Schedule 13D on January 14, 2021. “Our Board takes its fiduciary responsibilities seriously

Altabancorp™ Board Confirms Receipt of Letter From Gunther Family 13D Group

Altabancorp (ALTA) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

Altabancorp (ALTA) Surges: Stock Moves 6.4% Higher

AMERICAN FORK, Utah--(BUSINESS WIRE)--AltabancorpTM (Nasdaq: ALTA) announced that it will report its fourth quarter and year-end 2020 financial results on Wednesday, January 27, 2021 after the market closes. Management will host a conference call on Thursday, January 28, 2021 at 10:00 a.m. MST (12:00 p.m. EST) to discuss the Company's financial performance. The Company's fourth quarter and year-end 2020 earnings release and investor presentation will be available prior to the call on the Compan

Altabancorp™ Schedules Fourth Quarter and Year-End 2020 Earnings Release Date and Conference Call

AMERICAN FORK, Utah--(BUSINESS WIRE)--Altabancorp™ (Nasdaq: ALTA) (the “Company” or “Alta”) announced that the Board of Directors has authorized a share repurchase program for up to 940,000 shares (the “Repurchase Plan”), which represents approximately 5% of the Company's outstanding shares as of November 15, 2020, in accordance with the Company's overall capital goals. The Repurchase Plan effectively represents a renewal of the Company's prior repurchase plan that lapsed September 30, 2020. Th

Altabancorp™ Announces Renewed Share Repurchase Program

Altabancorp (ALTA) CEO Len Williams on Q3 2020 Results - Earnings Call Transcript

AMERICAN FORK, Utah--(BUSINESS WIRE)--Total assets grew $731 million, or 30%, year-over-year to $3.18 billion at September 30, 2020. Total deposits grew $615 million, or 29%, year-over-year to $2.72 billion at September 30, 2020. Loans held for investment grew $22.0 million, or 1.3%, year-over-year to $1.70 billion at September 30, 2020. Cash and liquid investments securities grew $688 million, or 104%, year-over-year to $1.35 billion, or 42% of total assets, at September 30, 2020. Tangible boo

Altabancorp™ Reports Third Quarter 2020 Results

Altabancorp (ALTA) delivered earnings and revenue surprises of 13.21% and 2.06%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Altabancorp (ALTA) Surpasses Q3 Earnings and Revenue Estimates

Altabancorp (ALTA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Altabancorp (ALTA) Q3 Earnings Expected to Decline

AMERICAN FORK, Utah--(BUSINESS WIRE)--Altabancorp™ (Nasdaq: ALTA) announced that it will report its third quarter 2020 financial results on Wednesday, October 28, 2020 after the market closes. Management will host a conference call on Thursday, October 29, 2020 at 10:00 a.m. MDT (12:00 p.m. EDT) to discuss the Company’s financial performance. Investment professionals who wish to ask questions regarding the Company’s financial performance will need to register to participate in the call by Octob

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