Allegiance Bancshares: Q2 Earnings Insights

Allegiance Bancshares ABTX reported its Q2 earnings results on Friday, July 29, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Allegiance Bancshares beat estimated earnings by 15.94%, reporting an EPS of $0.8 versus an estimate of $0.69.

Revenue was up $1.32 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 1.74% increase in the share price the next day.

Here's a look at Allegiance Bancshares's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.82	0.95	1	0.90
EPS Actual	0.91	1.06	0.93	1.12
Revenue Estimate	58.37M	59.77M	60.46M	57.56M
Revenue Actual	59.19M	60.56M	60.27M	58.87M

To track all earnings releases for Allegiance Bancshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.