Anton Schutz’s Mendon Capital Advisors Portfolio: Top 5 Finance Stocks

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In this article, we discuss the top 5 finance stock picks of Anton Schutz’s Mendon Capital Advisors. If you want our detailed analysis of these stocks, go directly to Anton Schutz’s Mendon Capital Advisors Portfolio: Top 10 Finance Stocks.

5. Spirit of Texas Bancshares, Inc. (NASDAQ:STXB)

Mendon Capital Advisors’ Stake Value: $12,378,000

Percentage of Mendon Capital Advisors’ 13F Portfolio: 4.21%

Number of Hedge Fund Holders: 9

Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) made it to our list of the top finance stock picks of Mendon Capital Advisors, with the investment firm owning stakes valued at $12.37 million in the bank holding company, accounting for 4.21% of its investment portfolio as of the second quarter. 

Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) specializes in community, commercial, and retail banking services via 36 branches in the state of Texas. As of the second quarter, 9 hedge funds tracked by Insider Monkey’s exclusive database reported owning stakes in Spirit of Texas Bancshares, Inc. (NASDAQ:STXB), with an approximate stake value of $26.4 million. 

Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) posted earnings results, October 27, for the third quarter. Earnings per share were reported as $0.59, as predicted by the analysts. The revenue for the period was $31.29 million, missing estimates by -$1.34 million. 

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