HOUSTON (AP) _ Allegiance Bancshares Inc. (ABTX) on Wednesday reported fourth-quarter net income of $14 million.
The bank, based in Houston, said it had earnings of 67 cents per share.
The bank holding company posted revenue of $61.5 million in the period. Its revenue net of interest expense was $47.9 million, which beat Street forecasts.
For the year, the company reported profit of $53 million, or $2.47 per share. Revenue was reported as $193 million.
Allegiance Bancshares shares have dropped 2.5% since the beginning of the year. The stock has risen 1% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABTX at https://www.zacks.com/ap/ABTX
Automated Insights, source Associated Press News