Spirit of Texas Bancshares Inc

Spirit of Texas Bancshares, Inc. is a bank holding company, which offers commercial and retail banking services. Its product offerings consist of a range of commercial products, including term loans and operating lines of credit to commercial and industrial companies, commercial real estate loans, construction and development loans, SBA loans, commercial deposit accounts, treasury management services, and retail offerings including consumer loans, 1-4 single family residential real estate loans, and retail deposit products. The company was founded by Dean O. Bass in 2008 and is headquartered in Conroe, TX.

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CONROE, Texas, Feb. 25, 2022 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) (the "Company"), the bank holding company for Spirit of Texas Bank, today announced that on February  24, 2022, its Board of Directors declared a quarterly cash dividend in the amount of $0.12 per share of the Company's common stock.  The dividend is payable on March 25, 2022 to shareholders of record at the close of business on March 11, 2022.

SPIRIT OF TEXAS BANCSHARES, INC. DECLARES QUARTERLY CASH DIVIDEND

Spirit Of Texas Bancshares, Inc.'s (STXB) CEO Dean Bass on Q4 2021 Results - Earnings Call Transcript

Spirit of Texas (STXB) delivered earnings and revenue surprises of 1.85% and 5.07%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Spirit of Texas (STXB) Q4 Earnings and Revenues Top Estimates

CONROE, Texas, Jan. 26, 2022 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) ("Spirit," the "Company," "we," "our," or "us"), reported net income of $9.1 million in the fourth quarter of 2021, representing diluted earnings per share of $0.51, compared to net income of $12.5 million in the fourth quarter of 2020, representing diluted earnings per share of $0.72. During the fourth quarter  of  2020, net income was impacted by $3.7 million in gain on sale of Main Street Lending loans and $4.5 million in net accretion of deferred origination fees on Paycheck Protection Program ("PPP") loans forgiven by the U.S. Small Business Administration ("SBA"), compared to the fourth quarter of 2021 which only had $1.5 million in net accretion of deferred origination fees on PPP loans.

SPIRIT OF TEXAS BANCSHARES, INC. REPORTS FOURTH QUARTER 2021 FINANCIAL RESULTS

Spirit of Texas (STXB) 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: Spirit of Texas (STXB) Q4 Earnings Expected to Decline

CONROE, Texas, Jan. 11, 2022 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) (the "Company"), the bank holding company for Spirit of Texas Bank, announced today that it will disclose its 2021 fourth quarter financial results on Wednesday, January 26, 2022 after the market closes.  Management has scheduled a conference call and webcast on Thursday, January 27, 2022 at 11:00 a.m.

SPIRIT OF TEXAS BANCSHARES, INC. ANNOUNCES 2021 FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

NEW YORK, Dec. 20, 2021 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) ("Spirit" or the "Company") stock  prior to November 19, 2021 .  You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Spirit with Simmons First National Corporation ("Simmons").

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation into the Fairness of the Merger of Spirit of Texas Bancshares, Inc. with Simmons First National Corporation

Casper Sleep

ViaSat

NEW YORK, Dec. 15, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP305 Broadway, 7th Floor New York, NY  10007 (212) 682-3025(888) 593-4771 stockinfo@weisslawllp.com MPB BHC, INC.

SHAREHOLDER ALERT: WeissLaw LLP MPHX, STXB, CSPR, and VSAT Shareholders About Its Ongoing Investigations

NEW YORK, Nov. 22, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Spirit of Texas Bancshares, Inc. ("STXB" or the "Company") (STXB) relating to its proposed acquisition by Simmons First National Corp. Under the terms of the agreement, shares of STXB common stock and restricted stock units will be converted into the right to receive shares of Simmons' common stock, and STXB stock options and warrants will be cashed out. The investigation focuses on whether Spirit of Texas Bancshares, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Spirit of Texas Bancshares, Inc. - STXB

New York, New York--(Newsfile Corp. - November 22, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) ("Spirit" or the "Company") stock prior to November 19, 2021. To view an enhanced version of this graphic, please visit:

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of Spirit of Texas Bancshares, Inc. with Simmons First National Corporation

Simmons First National Corporation

NEW YORK, Nov. 19, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Spirit of Texas Bancshares, Inc.  ("Spirit" or the "Company") (NASDAQ: STXB) in connection with the proposed acquisition of the Company and its wholly owned subsidiary, Spirit of Texas Bank SSB, by Simmons First National Corporation ("Simmons") (NASDAQ: SFNC). Under the terms of the merger agreement, holders of Spirit common stock will receive, in the aggregate, 18,325,000 shares of Simmons common stock, while holders of Spirit stock options and warrants will receive cash payments.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Spirit of Texas Bancshares, Inc.

MILWAUKEE, Nov. 19, 2021 /PRNewswire/ -- Ademi LLP is investigating Spirit (Nasdaq: STXB), for possible breaches of fiduciary duty and other violations of law in its transaction with Simmons.  Click here to learn how to join the action: https://www.ademilaw.com/case/spirit-texas-bancshares-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Spirit of Texas Bancshares, Inc. has obtained a Fair Price in its going private transaction with Simmons

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) to Simmons First National Corporation is fair to Spirit shareholders. Under the terms and subject to the conditions of the merger agreement, shares of Spirit's common stock and Spirit's restricted stock units will be converted into the right to receive shares of Simmons' common stock, and Spirit's stock options and warrants will be

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

CONROE, Texas, Oct. 27, 2021 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) ("Spirit," the "Company," "we," "our," or "us"), reported net income of $10.5 million in the third quarter of 2021, representing diluted earnings per share of $0.59, compared to net income of $7.1 million in the third quarter of 2020, representing diluted earnings per share of $0.41.  Financial results for the third quarter of 2021 were favorably impacted by $2.2 million net accretion of deferred origination fees on Paycheck Protection Program ("PPP") loans forgiven by the U.S. Small Business Administration ("SBA") and lower provision expense due to improved credit quality of the loan portfolio.

Spirit Of Texas Bancshares, Inc. Reports Third Quarter 2021 Financial Results

CONROE, Texas, Oct. 18, 2021 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) (the "Company"), the bank holding company for Spirit of Texas Bank, announced today that it will disclose its 2021 third quarter financial results on Wednesday, October 27, 2021 after the market closes.  Management has scheduled a conference call and webcast on Thursday, October 28, 2021 at 11:00 a.m.

Spirit of Texas Bancshares, Inc. Announces 2021 Third Quarter Earnings Release and Conference Call Schedule

Spirit of Texas (STXB) Earnings Expected to Grow: Should You Buy?

GreenSky

Range Resources

GSKY, STXB, and RRC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 30, 2021

Top Ranked Momentum Stocks to Buy for September 30th

Spirit of Texas (STXB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Spirit of Texas (STXB) a New Strong Buy Stock

Spirit of Texas (STXB) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why "Trend" Investors Would Love Betting on Spirit of Texas (STXB)

Spirit of Texas Bancshares (STXB) hikes dividend by 33.3% to 12 cents per share.

Spirit of Texas Bancshares (STXB) Stock Rises on Dividend Hike

CONROE, Texas, Aug. 20, 2021 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) (the "Company"), the bank holding company for Spirit of Texas Bank, today announced that on August 19, 2021 its Board of Directors increased its quarterly cash dividend for the Company's common stock by 33% to $0.12 per share.  The dividend is payable on September 24, 2021 to shareholders of record at the close of business on September 10, 2021.

Spirit of Texas Bancshares, Inc. Increases Quarterly Cash Dividend by 33%

If you are looking for stocks that are well positioned to maintain their recent uptrend, Spirit of Texas (STXB) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Spirit of Texas (STXB) Is a Great Choice for "Trend" Investors, Here's Why

Spirit of Texas Bancshares, Inc. (STXB) CEO Dean Bass on Q2 2021 Results - Earnings Call Transcript

CONROE, Texas, July 21, 2021 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) ("Spirit," the "Company," "we," "our," or "us") reported net income of $12.4 million in the second quarter of 2021, representing diluted earnings per share of $0.70, compared to net income of $7.7 million in the second quarter of 2020, representing diluted earnings per share of $0.44.  Financial results for the second quarter of 2021 were favorably impacted by $2.4 million net accretion of origination fees from the U.S. Small Business Administration (the "SBA") on Paycheck Protection Program ("PPP") loans.

News for Spirit of Texas Bancshares Inc Stock (STXB)