CBTX, a commercial bank with locations throughout Southeast Texas, filed on Friday with the SEC to raise up to $50 million in an initial public offering.
The Beaumont , TX-based company was founded in 2007 and booked $119 million in sales for the 12 months ended June 30, 2017. It plans to list on the Nasdaq under the symbol CBTX. CBTX filed confidentially on August 14, 2017. Stephens Inc. and Keefe Bruyette Woods are the joint bookrunners on the deal. No pricing terms were disclosed.
