Veritex Hld

Veritex Holdings, Inc. engages in the provision of commercial banking products and services to small to medium-sized businesses and professionals. It offers personal and business banking products, mortgages, and treasury services. The company was founded by Charles Malcolm Holland III in June 2009 and is headquartered in Dallas, TX.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Veritex Holdings reports solid earnings amidst loan growth challenges

Veritex Holdings delivered strong earnings for Q4 and the year, driven by growth in net interest and noninterest income. While facing challenges in loan growth and credit trends, the company is focused on deposit growth and improving Thrive's financial performance. Opportunities for a potential buyback and sustained cash flow generation present avenues for future growth.

Veritex Holdings excels in Q1 2023, eyes credit quality and growth

Veritex Holdings delivered strong financial performance in Q1 2023, focusing on liquidity, credit quality, and expense control.
While facing challenges in loan growth and NIM pressure, the company is well-positioned to capitalize on opportunities in credit quality management and revenue diversification.
With a prudent approach to risk management and a strategic focus on core deposits and fee businesses, Veritex aims for continued growth and profitability.

Veritex Holdings reports resilient Q2 performance amid income challenges

Veritex Holdings navigated challenges in Q2 2023, reporting solid operating earnings growth amidst income decline and flat loan growth.
The company's strategic strengths lie in its focus on credit quality, liquidity improvement, and proactive management of funding sources.
While facing challenges in net interest income and loan growth, Veritex has opportunities to optimize revenue streams and capitalize on its deposit growth for future expansion.

Veritex Hld reports Q3 earnings decline, focuses on balance sheet

Veritex Hld (VBTX) navigated Q3 with a focus on balance sheet strength, liquidity improvements, and a shift towards C&I and small business loans.
Challenges included minimal loan growth, increased NPAs, and managing cash balances, while opportunities lie in digital banking and growth prospects for next year.
The bank aims to strengthen its balance sheet further, reduce excess liquidity, and capitalize on client acquisition and cross-selling strategies.

Veritex Holdings reports steady earnings, eyes growth opportunities in 2024

Veritex's performance in Q4 2023 and full year 2023 was steady, with a strategic focus on balance sheet optimization and profitability. The bank faces challenges with nonperforming assets and NIM sensitivity but sees opportunities in deposit and loan growth. Share buybacks and deposit pricing optimization are key strategies for future growth.

Veritex Holdings posts solid Q1 earnings, eyes growth opportunities

Veritex Holdings delivered strong earnings and maintained a healthy balance sheet with improved metrics across various financial indicators.
While facing challenges such as asset quality issues and modest loan growth expectations, the company is well-positioned to capitalize on growth opportunities.
Strategic initiatives like the stock repurchase program and securities transactions demonstrate a proactive approach to enhancing shareholder value.
Overall, Veritex's performance reflects resilience and strategic focus amidst a dynamic operating environment.

Veritex Holdings excels in Q2 with strong earnings and growth prospects

Veritex Holdings demonstrated strong financial performance in Q2 2024, with solid earnings, improved asset quality, and robust capital position. The company's focus on optimizing balance sheet metrics and enhancing fee income presents growth opportunities.
While challenges like maintaining NIM and boosting noninterest income exist, Veritex's strategic initiatives and prudent risk management position it well for future success. Opportunities in loan and deposit growth, along with capital flexibility, bode well for sustained performance.
Overall, Veritex's Q2 performance reflects resilience and proactive measures to drive profitability and shareholder value. Continued focus on operational efficiency, revenue diversification, and prudent risk management will be key for long-term success.

Veritex Hld posts solid Q3 earnings, focuses on credit quality

Veritex Holdings demonstrated strong financial performance with solid earnings and improved credit metrics.
While facing challenges in loan growth, the company's focus on liquidity and risk management is a key strength.
Opportunities lie in leveraging its strong credit position to drive growth and enhance shareholder value.

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Veritex Holdings Inc (NASDAQ:VBTX ) Q3 2023 Results Conference Call October 23, 2024 9:30 AM ET Company Participants Will Holford - IR Malcolm Holland - Chairman & CEO Terry Earley - Senior EVP & CFO Curtis Anderson - Senior EVP & Chief Credit Officer Conference Call Participants Michael Rose - Raymond James Catherine Mealor - KBW Ahmad Hasan - D.A. Davidson Matt Olney - Stephens Brett Rabatin - Hovde Group Operator Good morning, and welcome to the Veritex Holdings Third Quarter 2024 Earnings Conference Call and Webcast.

Veritex Holdings Inc (VBTX) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Veritex Holdings (VBTX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Veritex Holdings (VBTX) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Veritex Holdings (VBTX) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.60 per share a year ago.

Veritex Holdings (VBTX) Tops Q3 Earnings and Revenue Estimates

DALLAS, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (“Veritex”, the “Company”, “we” or “our”) (Nasdaq: VBTX), the holding company for Veritex Community Bank, today announced the results for the quarter ended September 30, 2024.

Veritex Holdings, Inc. Reports Third Quarter 2024 Operating Results

DALLAS, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank, today announced the declaration of a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend will be paid on or after November 22, 2024 to shareholders of record as of November 8, 2024.

Veritex Holdings, Inc. Declares Cash Dividend on Common Stock

DALLAS, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or "the Company”), the parent holding company for Veritex Community Bank, today announced that it plans to release its third quarter 2024 results after the close of the market on Tuesday, October 22, 2024. The earnings release will be available on the Company's website, https://ir.veritexbank.com/. The Company will also host an investor conference call to review the results on Wednesday, October 23, 2024 at 8:30 a.m. Central Time.

Veritex Holdings, Inc. Announces Dates of Third Quarter 2024 Earnings Release and Conference Call

PONTE VEDRA, Fla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- North Avenue Capital, a leader in innovative financing solutions for rural America, is making a significant addition to its lending products thereby extending its reach into urban and suburban communities. As of July 1, 2024, North Avenue Capital is now offering SBA 7(a) loans nationwide, doubling down on its government-guaranteed lending expertise while broadening its service to small businesses beyond rural America.

North Avenue Capital Expands Small Business Lending Nationwide with SBA 7(a) Loans

Veritex Holdings, Inc. (NASDAQ:VBTX ) Q2 2024 Results Conference Call July 24, 2024 9:30 AM ET Company Participants Will Holford - Director of Strategic Corporate Development Malcolm Holland - Chairman and Chief Executive Officer Terry Earley - Chief Financial Officer Curtis Anderson - Executive Credit Officer Conference Call Participants Stephen Scouten - Piper Sandler Michael Rose - Raymond James Brett Rabatin - Hovde Group Ahmad Hasan - D.A. Davidson Operator Good morning, and welcome to the Veritex Holdings Second Quarter 2024 Earnings Conference Call and Webcast.

Veritex Holdings, Inc. (VBTX) Q2 2024 Earnings Call Transcript

The headline numbers for Veritex Holdings (VBTX) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Veritex Holdings (VBTX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Veritex Holdings (VBTX) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.64 per share a year ago.

Veritex Holdings (VBTX) Q2 Earnings and Revenues Lag Estimates

DALLAS, July 23, 2024 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (“Veritex”, the “Company”, “we” or “our”) (Nasdaq: VBTX), the holding company for Veritex Community Bank, today announced the results for the quarter ended June 30, 2024.

Veritex Holdings, Inc. Reports Second Quarter 2024 Operating Results

DALLAS, July 09, 2024 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or "the Company”), the parent holding company for Veritex Community Bank, today announced that it plans to release its second quarter 2024 results after the close of the market on Tuesday, July 23, 2024. The earnings release will be available on the Company's website, https://ir.veritexbank.com/. The Company will also host an investor conference call to review the results on Wednesday, July 24, 2024 at 8:30 a.m. Central Time.

Veritex Holdings, Inc. Announces Dates of Second Quarter 2024 Earnings Release and Conference Call

Veritex Holdings, Inc. (NASDAQ:VBTX ) Q1 2024 Results Conference Call April 24, 2024 9:30 AM ET Company Participants Will Holford - Director of Strategic Corporate Development Malcolm Holland - Chairman and Chief Executive Officer Terry Earley - Chief Financial Officer Conference Call Participants Catherine Mealor - KBW Stephen Scouten - Piper Sandler Ahmad Hasan - D.A. Davidson Matt Olney - Stephens Operator Good morning, and welcome to the Veritex Holdings First Quarter 2024 Earnings Conference Call and Webcast.

Veritex Holdings, Inc. (VBTX) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Veritex Holdings (VBTX) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Veritex Holdings (VBTX) Reports Q1 Earnings: What Key Metrics Have to Say

Veritex Holdings (VBTX) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.79 per share a year ago.

Veritex Holdings (VBTX) Q1 Earnings and Revenues Lag Estimates

DALLAS, April 23, 2024 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (“Veritex”, the “Company”, “we” or “our”) (Nasdaq: VBTX), the holding company for Veritex Community Bank, today announced the results for the quarter ended March 31, 2024. “I am encouraged with the start of 2024.

Veritex Holdings, Inc. Reports First Quarter 2024 Operating Results

DALLAS, April 09, 2024 (GLOBE NEWSWIRE) --  Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or "the Company”), the parent holding company for Veritex Community Bank, today announced that it plans to release its first quarter 2024 results after the close of the market on Tuesday, April 23, 2024. The earnings release will be available on the Company's website, https://ir.veritexbank.com/. The Company will also host an investor conference call to review the results on Wednesday, April 24, 2024 at 8:30 a.m. Central Time.

Veritex Holdings, Inc. Announces Dates of First Quarter 2024 Earnings Release and Conference Call

Veritex (VBTX) announces a share buyback program to repurchase up to $50 million worth of shares. Also, it completes the restructuring of its available-for-sale debt security portfolio.

Veritex (VBTX) Announces Buyback Plan, Portfolio Restructuring

DALLAS, March 28, 2024 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or "the Company”), the parent holding company for Veritex Community Bank, today announced that its Board of Directors (the "Board") authorized a stock buyback program (the "Stock Buyback Program") pursuant to which the Company is authorized to purchase up to $50.0 million shares of the Company's outstanding common stock. The Stock Buyback Program has an expiration date of March 31, 2025 and may be suspended, terminated, amended or modified by the Board at any time without prior notice at the Board's discretion.

Veritex Holdings, Inc. Announces Stock Buyback Program and Investment Portfolio Restructuring

Veritex Holdings, Inc. (VBTX) Q4 2023 Earnings Call Transcript

The headline numbers for Veritex Holdings (VBTX) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Veritex Holdings (VBTX) Q4 Earnings: A Look at Key Metrics

Veritex Holdings (VBTX) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.74 per share a year ago.

Veritex Holdings (VBTX) Q4 Earnings and Revenues Miss Estimates

DALLAS, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (“Veritex”, the “Company”, “we” or “our”) (Nasdaq: VBTX), the holding company for Veritex Community Bank, today announced the results for the fourth quarter and full year of 2023.

Veritex Holdings, Inc. Reports Fourth Quarter And Full Year 2023 Results

Evaluate the expected performance of Veritex Holdings (VBTX) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Unveiling Veritex Holdings (VBTX) Q4 Outlook: Wall Street Estimates for Key Metrics

Veritex Holdings (VBTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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