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ALTA - Altabancorp

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Altabancorp

ALTA

NASDAQ

Inactive Equity

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. The company also offers credit and debit cards; investment securities, such as U.S. Agency issues, mortgage-backed securities, and municipal bonds; and mobile and Internet banking, automatic teller machine, treasury management, remote deposit capture, bill pay, cashier's checks, money orders, and safe deposit services. It serves real estate developers and contractors, small to medium sized businesses, individuals, and professionals and professional firms through 26 retail branches located in Utah and southern Idaho. The company was formerly known as People's Utah Bancorp and changed its name to Altabancorp in July 2020. Altabancorp was founded in 1905 and is headquartered in American Fork, Utah.

44.16 USD

-0.5600014 (-1.27%)

Latest ALTA News

Zacks Investment Research

Jul 28, 2021

Altabancorp (ALTA) Q2 Earnings and Revenues Surpass Estimates

Altabancorp (ALTA) delivered earnings and revenue surprises of 24.07% and 1.08%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

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Business Wire

Jul 28, 2021

Altabancorp™ Reports Second Quarter 2021 Financial Results

AMERICAN FORK, Utah--(BUSINESS WIRE)--Altabancorp™ (Nasdaq: ALTA) (the “Company” or “ALTA”), the parent company of Altabank™, reported net income of $12.7 million for the second quarter of 2021, compared with $9.4 million for the first quarter of 2021, and $10.3 million for the second quarter of 2020. Diluted earnings per common share were $0.67 for the second quarter of 2021, compared with $0.50 for the first quarter of 2021, and $0.55 for the second quarter of 2020. For the six months ended J

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Zacks Investment Research

Jul 21, 2021

Analysts Estimate Altabancorp (ALTA) to Report a Decline in Earnings: What to Look Out for

Altabancorp (ALTA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Business Wire

Jul 6, 2021

AltabancorpTM Schedules Second Quarter Earnings Release Date

AMERICAN FORK, Utah--(BUSINESS WIRE)--AltabancorpTM (Nasdaq: ALTA) announced that it will report its second quarter 2021 financial results on Wednesday, July 28, 2021 after the market closes. The Company's second quarter 2021 earnings release will be available on the Company's website at www.altabancorp.com. About AltabancorpTM AltabancorpTM (Nasdaq: ALTA) is the bank holding company for AltabankTM, a full-service bank, providing loans, deposit and cash management services to businesses and ind

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PRNewsWire

May 21, 2021

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Altabancorp - ALTA

NEW YORK, May 21, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Altabancorp ("ALTA" or the "Company") (ALTA) relating to its proposed merger with Glacier Bancorp, Inc. Under the terms of the agreement, ALTA shareholders will receive 0.7971 shares of Glacier per s...

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Business Wire

May 20, 2021

ALTABANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed ...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Altabancorp (NasdaqGS: ALTA) to Glacier Bancorp, Inc. (NasdaqGS: GBCI). Under the terms of the proposed transaction, shareholders of Altabancorp will receive 0.7971 shares of Glacier for each share of Altabancorp that they own. KSF is seeking to determine whether this consideration and the process that led to

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Zacks Investment Research

May 20, 2021

Altabancorp (ALTA) Soars 10%: Is Further Upside Left in the Stock?

Altabancorp (ALTA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

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PRNewsWire

May 19, 2021

SHAREHOLDER ALERT: WeissLaw LLP Investigates Altabancorp

NEW YORK, May 19, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Altabancorp ("ALTA" or the "Company") (NASDAQ: ALTA) in connection with the Company's proposed merger with Glacier Bancorp, Inc. ("Glacier") (NASDAQ: GBCI).  Under the terms of the merger agreement, ALTA shareholders will receive 0.7971 shares of Glacier stock for each ALTA share they own, representing implied per-share merger considera...

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PRNewsWire

May 19, 2021

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Altabancorp

NEW YORK, May 19, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Altabancorp (NASDAQ: ALTA) and its board of directors concerning the proposed acquisition of the company by Glacier Bancorp, Inc. (NASDAQ: GBCI). Stockholders will receive 0.7971 shares of Glacier Bancorp common stock for each share of Altabancorp stock that they hold.

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Zacks Investment Research

May 19, 2021

Glacier Bancorp (GBCI) to Buy Altabancorp (ALTA) for $933.5M

Glacier Bancorp's (GBCI) latest deal to acquire Altabancorp (ALTA) will further solidify the company's presence in the Utah market.

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