ALTA
Price:
$44.16
Market Cap:
$0
Altabancorp operates as the bank holding company for Altabank, a state-chartered bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit. Its loan products include commercial and residential real estate lending comprising acquisition and development loans, construction loans, and mortgage financing; commercial and industrial loans; consumer loans consisting of home equity loans, home improvement loans, automobile loans, debt consolidation loans, and general consumer lending; and SBA loans. T...[Read more]
Industry
Banks - Regional
IPO Date
2015-06-10
Stock Exchange
NASDAQ
Ticker
ALTA
According to Altabancorp’s latest financial reports and current stock price. The company's current PE Ratio is 19.89. This represents a change of 38.84% compared to the average of 14.33 of the last 4 quarters.
The mean historical PE Ratio of Altabancorp over the last ten years is 20.62. The current 19.89 PE Ratio has changed 9.55% with respect to the historical average. Over the past ten years (40 quarters), ALTA's PE Ratio was at its highest in in the December 2017 quarter at 169.59. The PE Ratio was at its lowest in in the September 2020 quarter at 8.34.
Average
20.62
Median
18.89
Minimum
9.40
Maximum
40.65
Discovering the peaks and valleys of Altabancorp PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 28.31%
Maximum Annual PE Ratio = 40.65
Minimum Annual Increase = -49.74%
Minimum Annual PE Ratio = 9.40
| Year | PE Ratio | Change |
|---|---|---|
| 2020 | 12.06 | 28.31% |
| 2019 | 9.40 | -8.56% |
| 2018 | 10.28 | -49.74% |
| 2017 | 20.46 | 20.49% |
| 2016 | 16.98 | -10.08% |
| 2015 | 18.89 | -25.08% |
| 2014 | 25.21 | -20.31% |
| 2013 | 31.63 | -22.19% |
The current PE Ratio of Altabancorp (ALTA) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
10.58
5-year avg
13.84
10-year avg
20.62
Altabancorp’s PE Ratio is greater than Allegiance Bancshares, Inc. (10.49), greater than CBTX, Inc. (9.81), greater than TriState Capital Holdings, Inc. (11.26), greater than Lakeland Bancorp, Inc. (10.31), greater than Amerant Bancorp Inc. (12.01), greater than American National Bankshares Inc. (19.40), greater than Banc of California, Inc. (14.86), less than CrossFirst Bankshares, Inc. (20.64), greater than Howard Bancorp, Inc. (-25.73), greater than Brookline Bancorp, Inc. (12.38),
| Company | PE Ratio | Market cap |
|---|---|---|
| 10.49 | $0 | |
| 9.81 | $1.55B | |
| 11.26 | $116.30M | |
| 10.31 | $875.02M | |
| 12.01 | $856.83M | |
| 19.40 | $507.72M | |
| 14.86 | $3.06B | |
| 20.64 | $788.64M | |
| -25.73 | $0 | |
| 12.38 | $975.70M |
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