CONROE, Texas, June 14, 2021 /PRNewswire/ -- Spirit of
Texas Bancshares, Inc. (NASDAQ: STXB) (the "Company"), the bank
holding company for Spirit of Texas Bank, today announced that its
Board of Directors has declared a quarterly cash dividend in the
amount of $0.09 per share of the
Company's common stock. The dividend is payable on
June 30, 2021 to shareholders of
record at the close of business on June 25,
2021.
About Spirit of Texas Bancshares, Inc.
Spirit, through its wholly-owned subsidiary, Spirit of Texas
Bank SSB (the "Bank"), provides a wide range of relationship-driven
commercial banking products and services tailored to meet the needs
of businesses, professionals and individuals. The Bank has 37
locations in the Houston,
Dallas/Fort Worth, Bryan/College Station, Austin, San
Antonio-New Braunfels,
Corpus Christi and Tyler metropolitan areas, along with offices
in North Central and South
Texas. Please visit https://www.sotb.com for more
information.
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of the "Safe-Harbor" provisions of the Private
Securities Litigation Reform Act of 1995, which may be identified
by conditional or future language such as the word "will", among
others. These statements (including future payments of dividends)
are necessarily subject to risk and uncertainty and actual results
could differ materially from those anticipated due to various
factors, including risks and factors related to our financial
performance and results of operations, regulatory risks and the
costs, effects, and results of regulatory examinations, reviews, or
investigations, or the ability to obtain required regulatory
approvals, interest rate risks, economic risks related to the
impact of the novel coronavirus (including risks related to our
customers' ability to pay, our ability to borrow, and the impact of
a resultant recession generally), and other hazards such as weather
conditions, other pandemics, acts of war or terrorist acts and the
governmental or military response thereto, and those additional
risks and factors set forth from time to time in the documents
filed or furnished by the Company with the Securities and Exchange
Commission. You should not place undue reliance on forward-looking
statements and, except as required by law, the Company undertakes
no obligation to update any such statements to reflect
circumstances or events that occur after the date on which the
forward-looking statement is made.
Contacts:
|
Dennard Lascar
Investor Relations
|
|
Ken Dennard / Natalie
Hairston
|
|
(713)
529-6600
|
|
STXB@dennardlascar.com
|
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SOURCE Spirit of Texas Bancshares, Inc.