Spirit of Texas Bancshares is a bank holding company. Through its subsidiary, Spirit of Texas Bank SSB, Co. provides commercial and retail banking services. Co.'s product offerings consist of a 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; Small Business Administration loans; commercial deposit accounts; and treasury management services. In addition, Co.'s retail offerings include consumer loans, one-to-four single family residential real estate loans and retail deposit products. Co. operates in one reportable segment of business, community banking. The STXB stock yearly return is shown above.
The yearly return on the STXB stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the STXB annual return calculation with any dividends reinvested as applicable (on ex-dates).
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