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Newly Listed Allegiance Bancshares, Inc. Rings NASDAQ Closing Bell

HOUSTON, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Allegiance Bancshares, Inc. (NASDAQ:ABTX), the holding company of Allegiance Bank (collectively, "Allegiance"), celebrated its recent listing by ringing the closing bell at the NASDAQ MarketSite in Times Square, in New York City on Friday, November 6, 2015.

George Martinez, Allegiance Bancshares' Chairman and Chief Executive Officer, and Bob Neyland, Executive Bank Office President, participated in the bell ringing ceremony from 3:45 to 4:00 p.m. ET, to commemorate its new IPO on October 7, 2015 under the symbol "ABTX". Interested parties are encouraged to view the video of the event that is posted on Allegiance's website at www.allegiancebank.com.

"We are extremely proud of the work that has been done over the past several years that culminated in our super-community banking model becoming a public entity," said George Martinez, Allegiance's Chairman and Chief Executive Officer. "The IPO was an important milestone for the bank and as a NASDAQ-listed company, we are now in a better position to communicate our progress to a broader audience and generate more value for our shareholders."

Allegiance Bancshares, Inc.

As of September 30, 2015, Allegiance Bancshares Inc. is a $2.01 billion Houston, Texas based bank holding company, formed in 2007. Through its wholly owned subsidiary, Allegiance Bank, Allegiance provides a diversified range of commercial banking services primarily to Houston metropolitan area-based small to medium-sized businesses and individual customers. Allegiance Bank operates 16 full-service banking locations in the Houston metropolitan area and two full-service banking locations in Central Texas. Visit www.allegiancebank.com for more information.

CONTACT: Allegiance Bancshares, Inc. ir@allegiancebank.com

Source:Allegiance Bancshares, Inc.