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.

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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. (VBTX) CEO Malcolm Holland on Q4 2021 Results - Earnings Call Transcript

Veritex Holdings (VBTX) delivered earnings and revenue surprises of 16.67% and 4.90%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Veritex Holdings (VBTX) Surpasses Q4 Earnings and Revenue Estimates

DALLAS, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (“Veritex” or the “Company”) (Nasdaq: VBTX), the holding company for Veritex Community Bank, today announced the results for the fourth quarter and full year of 2021.

Veritex Holdings, Inc. Reports Fourth Quarter and Year-End 2021 Operating Results

DALLAS, Jan. 12, 2022 (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 fourth quarter and year end 2021 results after the close of the market on Tuesday, January 25, 2022. 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, January 26, 2022 at 8:30 a.m. Central Time.

Veritex Holdings, Inc. Announces Dates of Fourth Quarter and Year End 2021 Earnings Release and Conference Call

Veritex Holdings (VBTX) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why "Trend" Investors Would Love Betting on Veritex Holdings (VBTX)

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Veritex Holdings (VBTX) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Veritex Holdings (VBTX) is on the Move, Here's Why the Trend Could be Sustainable

DALLAS, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank (“Bank”), today announced the completion of its acquisition of North Avenue Capital, LLC (“NAC”). Under the terms of the definitive agreement for the acquisition, the Bank paid $57.5 million in cash to existing shareholders of NAC. Three years after the completion of the transaction, NAC has the right, subject to adjustment, to receive an additional $5 million in cash subject to certain performance measures. NAC will continue to operate under its current name and brand and in its current office space, as a wholly owned subsidiary of the Bank.

Veritex Holdings, Inc. Completes Acquisition of North Avenue Capital, LLC, Becomes Leading Producer of USDA Loans

Veritex Holdings, Inc. (VBTX) CEO Malcolm Holland on Q3 2021 Results - Earnings Call Transcript

Veritex Holdings (NASDAQ:VBTX) reported its Q3 earnings results on Tuesday, October 26, 2021 at 05:00 PM. Here's what investors need to know about the announcement.

Veritex Holdings: Q3 Earnings Insights

Recent Price Trend in Veritex Holdings (VBTX) is Your Friend, Here's Why

Veritex Holdings (VBTX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Veritex Holdings (VBTX) Rating Upgrade to Strong Buy

DALLAS, Oct. 13, 2021 (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 2021 results after the close of the market on Tuesday, October 26, 2021. 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 27, 2021 at 8:30 a.m. Central Time.

Veritex Holdings, Inc. Announces Dates of Third Quarter 2021 Earnings Release and Conference Call

Does Veritex Holdings (VBTX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Veritex Holdings (VBTX) Is Up 6.62% in One Week: What You Should Know

DALLAS, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank, today announced the reassignment of certain Board of Director (the "Board") committees which went effective on June 20, 2021. The following table outlines the Board committee assignments, broken down by Committee Chair ("Chair") and Committee Member ("Member"), prior to and post the effective date of Board committee assignments:

Veritex Holdings, Inc. Announces Board of Director Committee Reassignments

Veritex Holdings (VBTX) Is a Great Choice for "Trend" Investors, Here's Why

DALLAS, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company of Veritex Community Bank, today announced the entry into a definitive agreement pursuant to which a newly formed subsidiary of Veritex Community Bank will acquire North Avenue Capital, LLC (“NAC” or “North Avenue Capital”) to be a subsidiary of Veritex Community Bank.

Veritex Holdings, Inc. Announces Acquisition of North Avenue Capital, LLC

DALLAS, Sept. 15, 2021 (GLOBE NEWSWIRE) -- The Board of Directors (the "Board") of Veritex Holdings, Inc. (Nasdaq: VBTX) (the "Company") authorized an increase and extension of its stock buyback program (the "Stock Buyback Program") pursuant to which the Company may, from time to time, purchase shares of its outstanding common stock. The Stock Buyback Program authorized the Company to purchase up to $175.0 million of its outstanding common stock and that amount has been increased by the Board to $250.0 million. The Board also authorized an extension of the expiration date of the Stock Buyback Program from December 31, 2021 to December 31, 2022. The shares may be repurchased in the open market or in privately negotiated transactions from time to time, depending upon market conditions and other factors, and in accordance with applicable regulations of the Securities and Exchange Commission (the "SEC"). The Stock Buyback Program does not obligate the Company to purchase any shares and may be terminated or amended by the Board at any time prior to its expiration date. As of September 14, 2021, the Company had repurchased approximately $163.8 million, or 6,522,823 shares, of its common stock through the Stock Buyback Program which includes 222,851 shares repurchased during the third quarter of 2021.

Veritex Holdings, Inc. Announces Increase and Extension to Its Stock Buyback Program

Credit continues to perform well, supporting the thesis of a limited provision expense going forward. Core operating and profitability metrics should continue to improve.

Veritex Holdings: A Solid Bank For A Long-Term Buy And Hold Portfolio

Veritex Holdings, Inc. (VBTX) CEO Malcolm Holland on Q2 2021 Results - Earnings Call Transcript

Veritex Holdings (VBTX) delivered earnings and revenue surprises of 0.00% and 2.63%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Veritex Holdings (VBTX) Meets Q2 Earnings Estimates

DALLAS, July 19, 2021 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank (the “Bank”), today announced the Bank has completed the investment to acquire a 49% interest in Thrive Mortgage, LLC (“Thrive”) for $53.9 million in cash. As part of the investment, the Company obtained the right to designate a member to Thrive's board of directors.

Veritex Holdings, Inc. Completes Investment in Thrive Mortgage

DALLAS, July 13, 2021 (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 2021 results after the close of the market on Tuesday, July 27, 2021. 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 28, 2021 at 8:30 a.m. Central Time.

Veritex Holdings, Inc. Announces Dates of Second Quarter 2021 Earnings Release and Conference Call

If you are looking for stocks that are well positioned to maintain their recent uptrend, Veritex Holdings (VBTX) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

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