trending Market Intelligence /marketintelligence/en/news-insights/trending/hgqZiGuEirHj5-zc3CiCCA2 content esgSubNav
In This List

Kroll assigns debt ratings to Houston-based Allegiance

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition


Kroll assigns debt ratings to Houston-based Allegiance

Kroll Bond Rating Agency on Nov. 29 assigned Allegiance Bancshares Inc. a senior unsecured debt rating of BBB, subordinated debt rating of BBB- and short-term debt rating of K3.

Kroll also assigned the Houston-based company's subsidiary, Allegiance Bank, deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB and short-term deposit and debt ratings of K2.

The ratings reflect Allegiance's "relatively stable overall performance" and "experienced management team." They are, however, constrained by the company's spread-reliant revenues and construction and development loan concentration. The outlook for the long-term ratings is stable.