Spirit of Texas Bancshares

General Information


We are a Texas corporation and a registered bank holding company located in the Houston metropolitan area with headquarters in Conroe, Texas. We offer a broad range of commercial and retail banking services through our wholly-owned bank subsidiary, Spirit of Texas Bank SSB. We operate through 15 full-service branches located primarily in the Houston and Dallas/Fort Worth metropolitan areas. We are a business-focused bank that delivers relationship-driven financial services to small and medium-sized businesses and individuals in our market areas. Our philosophy is to target commercial customers whose businesses generate between $3 – $30 million of annual revenue. Our product offerings consist of a wide 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; and treasury management services. In addition, our retail offerings include consumer loans, 1-4 single family residential real estate loans and retail deposit products.


Employees: 195
Founded: 2008
Contact Information
Address 1836 Spirit of Texas Way, Conroe, TX 77301, US
Phone Number (936) 521-1836
Web Address http://www.sotb.com
View Prospectus: Spirit of Texas Bancshares
Financial Information
Market Cap $199.2mil
Revenues $46.9 mil (last 12 months)
Net Income $4.75 mil (last 12 months)
IPO Profile
Symbol STXB
Exchange NASDAQ
Shares (millions): 2.0
Price range $21.00 - $21.00
Est. $ Volume $42.0 mil
Manager / Joint Managers Stephens/ Keefe, Bruyette & Woods (A Stifel Company)
CO-Managers Piper Jaffray/ Sandler O’Neill + Partners
Expected To Trade: 5/4/2018
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change