STXB · Spirit of Texas Bancshares, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Revenue | - | - | - | - |
| Cost of Revenue | - | - | - | - |
| Gross Profit | - | - | - | - |
| R&D | - | - | - | - |
| SG&A | - | - | - | - |
| Total Operating Expenses | - | - | - | - |
| D&A | $4.36M | $4.14M | $1.76M | $1.79M |
| Operating Income | $52.73M | $38.77M | $26.56M | $5.32M |
| Interest Expense | $11.41M | $17.61M | $17.37M | $6.73M |
| Income Tax | $10.67M | $7.46M | $5.42M | $1.61M |
| Net Income | $42.05M | $31.31M | $21.14M | $3.71M |
| EPS - Basic | $2.45 | $1.78 | $1.44 | $0.51 |
| EPS - Diluted | $2.38 | $1.77 | $1.40 | $0.50 |
Balance Sheet
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Cash & Equivalents | $305.79M | $263.03M | $325.96M | $89.02M |
| Accounts Receivable | - | - | - | - |
| Inventory | - | - | - | - |
| Accounts Payable | - | - | - | - |
| Current Assets | - | - | - | - |
| Total Assets | $3.27B | $3.08B | $2.38B | $1.47B |
| Current Liabilities | - | - | - | - |
| Long-term Debt | $74.94M | $242.02M | $105.14M | $67.92M |
| Total Liabilities | $2.87B | $2.72B | $2.04B | $1.27B |
| Stockholders' Equity | $393.82M | $360.78M | $345.70M | $87.93M |
| Retained Earnings | $111.53M | $76.68M | $48.14M | $27.00M |
Cash Flow
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Operating Cash Flow | $54.41M | $53.53M | $28.23M | $7.15M |
| Investing Cash Flow | ($156.01M) | ($615.32M) | $108.50M | ($41.09M) |
| Financing Cash Flow | $144.35M | $498.86M | $100.21M | $95.58M |
| CapEx | $1.99M | $10.16M | $7.23M | $7.26M |
| Free Cash Flow | $52.43M | $43.37M | $21.00M | ($113.0K) |
Ratios
| Metric | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Profitability | ||||
| Gross margin | - | - | - | - |
| Operating margin | - | - | - | - |
| EBITDA margin | - | - | - | - |
| Net margin | - | - | - | - |
| Free cash flow margin | - | - | - | - |
| FCF / Net income | 1.25 | 1.39 | 0.99 | -0.03 |
| R&D / Revenue | - | - | - | - |
| SG&A / Revenue | - | - | - | - |
| Effective tax rate | 20.2% | 19.2% | 20.4% | 30.2% |
| Return on assets | 1.3% | 1.0% | 0.9% | 0.3% |
| Return on equity | 10.7% | 8.7% | 6.1% | 4.2% |
| Return on invested capital | 9.0% | 5.2% | 4.7% | 2.4% |
| Liquidity | ||||
| Current ratio | - | - | - | - |
| Quick ratio | - | - | - | - |
| Cash ratio | - | - | - | - |
| Leverage | ||||
| Debt / Equity | 0.19 | 0.67 | 0.30 | 0.77 |
| Debt / Assets | 0.02 | 0.08 | 0.04 | 0.05 |
| Debt / EBITDA | 1.31 | 5.64 | 3.71 | 9.55 |
| Interest coverage | 4.6x | 2.2x | 1.5x | 0.8x |
| Equity multiplier | 8.29 | 8.55 | 6.90 | 16.68 |
| Liabilities / Assets | 0.88 | 0.88 | 0.86 | 0.86 |
| Efficiency | ||||
| Asset turnover | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days inventory outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Cash conversion cycle | - | - | - | - |
| Valuation | ||||
| P / E | - | - | - | - |
| P / B | - | - | - | - |
| P / S | - | - | - | - |
| EV / EBITDA | - | - | - | - |
| Growth | ||||
| Revenue growth (YoY) | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - |
| Operating income growth (YoY) | 36.0% | 46.0% | 398.8% | - |
| Net income growth (YoY) | 34.3% | 48.1% | 468.9% | - |
| EPS growth (YoY) | 34.5% | 26.4% | 180.0% | - |
| EPS CAGR (3y) | 68.2% | - | - | - |
| EPS CAGR (5y) | - | - | - | - |
| FCF growth (YoY) | 20.9% | 106.5% | - | - |
| FCF CAGR (5y) | - | - | - | - |
| Book value growth (YoY) | 9.2% | 4.4% | 293.2% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$8.92M totalDeposit Account Transaction Based Fee Income$4.77M · 53.5%
Deposit Accounts Core Service Charges$1.49M · 16.7%
Mortgage Referral Fees$1.35M · 15.2%
Swap Referral Fees$1.30M · 14.6%
Stability scores
Piotroski F-score
FY 2021 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: State Commercial Banks
Comparing Spirit of Texas Bancshares against the 5 most active filers in the same SIC group.