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Akash Patel Biography and Net Worth

Director of Spirit of Texas Bancshares

Akash J. Patel is an engineer at Energy Flow Systems, Inc. and has served in that position since August 2005. He has served on our Board and the board of directors of the Bank since 2009. He is currently a committee member of the IHG Emerging Leaders Council, an active member of the Houston Minority Supplier Development Council and a 2015 committee member of Asian American Hotel Owners Association—Houston Region. Mr. Patel has created and initiated programs involving Hotel Rooms for Charity and the donation of bedding supplies to battered women shelters. Mr. Patel received his Bachelor of Science degree in computer engineering and math from the University of Houston in 2004. Mr. Patel’s business experience and extensive involvement in the community qualify him to serve on our Board.

What is Akash J. Patel's net worth?: The estimated net worth of Akash J. Patel is at least $4.68 million as of March 6th, 2020. Mr. Patel owns 183,210 shares of Spirit of Texas Bancshares stock worth more than $4,681,016 as of December 16th. This net worth estimate does not reflect any other investments that Mr. Patel may own. Learn More about Akash J. Patel's net worth.
How do I contact Akash J. Patel?: The corporate mailing address for Mr. Patel and other Spirit of Texas Bancshares executives is 1836 SPIRIT OF TEXAS WAY, CONROE TX, 77301. Spirit of Texas Bancshares can also be reached via phone at (936) 521-1836 and via email at [email protected]. Learn More on Akash J. Patel's contact information.
Has Akash J. Patel been buying or selling shares of Spirit of Texas Bancshares?: Akash J. Patel has not been actively trading shares of Spirit of Texas Bancshares within the last three months. Most recently, on Tuesday, November 2nd, Akash J. Patel bought 80 shares of Spirit of Texas Bancshares stock. The stock was acquired at an average cost of $24.79 per share, with a total value of $1,983.20. Learn More on Akash J. Patel's trading history.
Who are Spirit of Texas Bancshares' active insiders?: Spirit of Texas Bancshares' insider roster includes Dean Bass (CEO), Thomas Jones, Jr. (Director), Steven Kidd (Director), David McGuire (President), Leo Metcalf, III (Director), and Akash Patel (Director). Learn More on Spirit of Texas Bancshares' active insiders.

Akash J. Patel Insider Trading History at Spirit of Texas Bancshares

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/2/2021	Buy	80	$24.79	$1,983.20
10/4/2021	Buy	81	$24.24	$1,963.44
7/6/2021	Buy	88	$22.71	$1,998.48
6/2/2021	Buy	86	$23.07	$1,984.02
3/6/2020	Buy	169	$17.14	$2,896.66	183,210
1/28/2020	Buy	91	$21.95	$1,997.45	183,041
12/30/2019	Buy	87	$23.01	$2,001.87	182,950
11/29/2019	Buy	88	$21.46	$1,888.48	181,863
8/23/2019	Buy	98	$20.50	$2,009.00
7/29/2019	Buy	91	$21.96	$1,998.36
6/28/2019	Buy	88	$22.36	$1,967.68
5/28/2019	Buy	88	$22.35	$1,966.80
4/29/2019	Buy	90	$22.15	$1,993.50
3/28/2019	Buy	94	$21.20	$1,992.80
2/28/2019	Buy	90	$22.10	$1,989.00

Akash J. Patel Buying and Selling Activity at Spirit of Texas Bancshares

Spirit of Texas Bancshares Company Overview

Spirit of Texas Bancshares, Inc. operates as the bank holding company for Spirit of Texas Bank SSB that provides various commercial and retail banking services. It offers checking, money market, savings, and individual retirement accounts, as well as various certificates of deposit. The company also provides commercial and industrial loans; 1-4 single family residential real estate loans; construction, land, and development loans; commercial real estate loans, such as owner and nonowner-occupied commercial real estate loans, multifamily loans, and farmland loans; consumer loans and leases; and municipal and other loans. In addition, it offers a range of ancillary banking services, including treasury management services, consumer and commercial online banking services, mobile applications, safe deposit boxes, wire transfer services, debit cards, and ATM access. Further, it provides credit card processing and co-branded credit card services; and invests in U.S. Treasury bills and notes, as well as in securities of federally sponsored agencies, such as Federal Home Loan Bank bonds. As of February 26, 2022, it had 35 locations in the Houston, Dallas/Fort Worth, Bryan/College Station, Austin, San Antonio-New Braunfels, Corpus Christi, Austin, and Tyler metropolitan areas, as well as offices in North Central and South Texas. The company serves individuals, professionals, small and medium-sized businesses, and commercial companies. Spirit of Texas Bancshares, Inc. was incorporated in 2008 and is headquartered in Conroe, Texas.

Today's Range

Now: $25.55

$25.18

$25.75

50 Day Range

MA: $26.68

$25.55

$28.87

2 Week Range

Now: $25.55

$21.50

$31.75

Volume

1,248,603 shs

Average Volume

95,438 shs

Market Capitalization

$446.00 million

P/E Ratio

10.74

Dividend Yield

1.88%

Beta

0.94

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