Author: Chandler France

Louisiana-based Business First Bancshares Inc. (Nasdaq: BFST), the holding company of B1bank, entered the Houston market through an acquisition last year and is now looking to continue growing locally through upgrading its technology and adding bankers.

After first expanding into Houston last November, San Antonio-based Vantage Bank has hired a co-market president for the region as the company looks to make Houston its largest market.

Despite missing analysts’ expectations for revenue and earnings per share, Cadence Bank reported improvements in other areas to close out 2022.

Sysco, one of Houston’s largest publicly traded companies, has decreased its earnings-per-share outlook for fiscal year 2023 following an increase in expenses, despite otherwise reporting strong second-quarter growth.

The FIFA World Cup is coming to Houston in 2026, but international soccer may take center stage sooner than that as the Bayou City is exploring opportunities to host matches of a different tournament in 2024.

Local Bank of America executives are confident in their growth strategy for the Houston region, expecting to grow from the third-largest bank in the area to the second largest based on local deposits in 2023.

Stellar Bancorp Inc., the new company formed as a result of the merger of Allegiance Bancshares Inc. and CBTX Inc., reported its first earnings as a combined company for Q4 2022, missing analysts expectations for earnings per share by a long shot.

Energy stocks continue to trend up and technology stocks are trending down as investors expect the stock market to rebound from 2022 and make gains in 2023 despite what many predict will be a mild recession for the first half of the year.

In addition to its quarterly and annual earnings, Prosperity Bancshares Inc., the parent company of Prosperity Bank, declared a quarterly cash dividend and announced a new stock buyback program.

The Houston Astros named a new general manager to replace James Click, who declined a one-year extension with the team following his three-year stint in Houston that culminated in the team’s 2022 World Series win.