HOUSTON, Oct. 30, 2017 (GLOBE NEWSWIRE) -- CBTX, Inc., the bank holding company for CommunityBank of Texas, N.A., today announced the launch of its initial public offering of shares of its common stock. CBTX intends to offer 2,400,000 shares of its common stock. CBTX also expects to grant the underwriters a 30-day option to purchase up to an additional 360,000 shares of its common stock. The initial public offering price is currently expected to be between $24.00 and $26.00 per share. In connection with the initial public offering, CBTX intends to list its common stock on NASDAQ Global Select Market under the trading symbol “CBTX.”
About CBTX, Inc.
CBTX is the bank holding company for CommunityBank of Texas, N.A., a $2.9 billion asset bank, offering commercial banking solutions to local small and mid-sized businesses and professionals in Houston, Beaumont and surrounding communities in southeast Texas.