Allegiance Bancshares posts 3Q profit

HOUSTON (AP) _ Allegiance Bancshares Inc. (ABTX) on Tuesday reported third-quarter profit of $3 million.

The bank, based in Houston, said it had earnings of 22 cents per share.

The bank holding company posted revenue of $32.4 million in the period. Its adjusted revenue was $28.5 million.

Allegiance Bancshares shares have climbed nearly 7 percent since the beginning of the year. The stock has risen 41 percent in the last 12 months.

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