Allegiance Financial Statements From 2010 to 2024

ABTXDelisted Stock  USD 41.63  0.00  0.00%   
Allegiance Bancshares financial statements provide useful quarterly and yearly information to potential Allegiance Bancshares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Allegiance Bancshares financial statements helps investors assess Allegiance Bancshares' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Allegiance Bancshares' valuation are summarized below:
Allegiance Bancshares does not presently have any fundamental signals for analysis.
Check Allegiance Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegiance main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Allegiance financial statements analysis is a perfect complement when working with Allegiance Bancshares Valuation or Volatility modules.
  
This module can also supplement various Allegiance Bancshares Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Allegiance Return On Asset Analysis

Allegiance Bancshares' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Allegiance Bancshares Return On Asset

    
  1.14  
Most of Allegiance Bancshares' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allegiance Bancshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Allegiance Bancshares has a Return On Asset of 1.14. This is 342.55% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The return on asset for all United States stocks is notably lower than that of the firm.

Allegiance Bancshares Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Allegiance Bancshares's current stock value. Our valuation model uses many indicators to compare Allegiance Bancshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allegiance Bancshares competition to find correlations between indicators driving Allegiance Bancshares's intrinsic value. More Info.
Allegiance Bancshares is number one stock in ebitda category among related companies. It is the top company in revenue category among related companies totaling about  11.99  of Revenue per EBITDA. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Allegiance Bancshares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Allegiance Bancshares' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Allegiance Bancshares' earnings, one of the primary drivers of an investment's value.

About Allegiance Bancshares Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Allegiance Bancshares income statement, its balance sheet, and the statement of cash flows. Allegiance Bancshares investors use historical funamental indicators, such as Allegiance Bancshares's revenue or net income, to determine how well the company is positioned to perform in the future. Although Allegiance Bancshares investors may use each financial statement separately, they are all related. The changes in Allegiance Bancshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Allegiance Bancshares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Allegiance Bancshares Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Allegiance Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Allegiance Bancshares, Inc. operates as the bank holding company for Allegiance Bank that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and individual customers. The company was founded in 2007 and is headquartered in Houston, Texas. Allegiance Bancshares operates under BanksRegional classification in the United States and is traded on NGM Exchange. It employs 594 people.

Pair Trading with Allegiance Bancshares

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allegiance Bancshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allegiance Bancshares will appreciate offsetting losses from the drop in the long position's value.

Moving against Allegiance Stock

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The ability to find closely correlated positions to Allegiance Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allegiance Bancshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allegiance Bancshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allegiance Bancshares to buy it.
The correlation of Allegiance Bancshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allegiance Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allegiance Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allegiance Bancshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Other Consideration for investing in Allegiance Stock

If you are still planning to invest in Allegiance Bancshares check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Allegiance Bancshares' history and understand the potential risks before investing.
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