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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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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DALLAS, July  14, 2020  (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 2020 results after the close of the market on Tuesday, July 28, 2020. 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 29, 2020 at 8:30 a.m. Central Time.

Veritex Holdings, Inc. Announces Dates of Second Quarter 2020 Earnings Release and Conference Call

Veritex Holdings, Inc. (VBTX) CEO Charles Malcolm Holland, III on Q1 2020 Results - Earnings Call Transcript

DALLAS, March  13, 2020  (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex”), the parent holding company for Veritex Community Bank, today announced that it will extend its offer to exchange (the “Exchange Offer”) up to $75 million of its outstanding 4.75% fixed-to-floating rate subordinated notes due 2029 (the “Original Notes”) for up to $75 million of its 4.75% fixed-to-floating rate subordinated notes due 2029, which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”). All other terms of the Exchange Offer, as described in the prospectus dated February 4, 2020, remain unchanged.

VERITEX HOLDINGS, INC. ANNOUNCES EXTENSION OF EXCHANGE OFFER

Veritex Holdings, Inc. (VBTX) CEO Charles Holland on Q4 2019 Results - Earnings Call Transcript

Veritex Holdings (VBTX) delivered earnings and revenue surprises of -7.94% and -1.79%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Veritex Holdings (VBTX) Lags Q4 Earnings and Revenue Estimates

DALLAS, Jan.  28, 2020  (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 $0.17 per share on its outstanding common stock. The dividend will be paid on or after February 20, 2020 to shareholders of record as of the close of business on February 6, 2020.

Veritex Holdings, Inc. Declares  Cash Dividend on Common Stock

DALLAS, Nov.  08, 2019  (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex”), the parent holding company for Veritex Community Bank, today announced the completion of an offering of $75 million in aggregate principal amount of fixed-to-floating rate subordinated notes (the “Notes”) to certain qualified institutional buyers and institutional accredited investors in a private placement transaction. Veritex intends to use the proceeds from the offering for general corporate purposes, including the repayment of outstanding subordinated debt and potential share repurchases. The Notes are intended to qualify as Tier 2 capital for regulatory capital purposes for Veritex. The Notes will initially bear interest at a fixed annual rate of 4.75%, payable semi-annually in arrears, to but excluding November 15, 2024. From and including November 15, 2024 to but excluding the maturity date or early redemption date, the interest rate will reset quarterly to an interest rate per annum equal to the then-current three-month SOFR (provided, that in the event the three-month SOFR is less than zero, the three-month SOFR will be deemed to be zero) plus 347 basis points, payable quarterly in arrears. Veritex is entitled to redeem the Notes, in whole or in part, on any interest payment date on or after November 15, 2024, and to redeem the Notes at any time in whole upon certain other specified events.

Veritex Holdings, Inc. Announces Completion of $75 Million Subordinated Notes Offering

Veritex Holdings Inc. (VBTX) CEO Malcolm Holland on Q3 2019 Results - Earnings Call Transcript

Veritex Holdings Incorporated (VBTX) CEO Malcolm Holland on Q3 2019 Results - Earnings Call Transcript

Veritex Holdings (VBTX) delivered earnings and revenue surprises of 1.92% and -0.75%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Veritex Holdings (VBTX) Tops Q3 Earnings Estimates

DALLAS, Oct.  21, 2019  (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 $0.125 per share on its outstanding common stock. The dividend will be paid on or after November 21, 2019 to stockholders of record as of the close of business on November 7, 2019.

Veritex Holdings, Inc.  Declares Cash Dividend on Common Stock

Veritex Holdings (NASDAQ: VBTX) announces its next round of earnings Monday, October 21.

Q3 Earnings Preview For Veritex Holdings

DALLAS, Sept.  03, 2019  (GLOBE NEWSWIRE) -- The Board of Directors (the "Board") of Veritex Holdings, Inc. (Nasdaq: VBTX) (the "Company") authorized an increase and extension of its previously announced 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 originally authorized the Company to purchase up to $50.0 million of its outstanding common stock and that amount has been increased by the Board to $100.0 million. The Board also authorized an extension of the original expiration date of the Stock Buyback Program from December 31, 2019 to August 31, 2020. 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 August 31, 2019, the Company had repurchased $50.0 million, or 1,993,629 shares, of its common stock through the Stock Buyback Program.

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

Veritex Holdings, Inc. (VBTX) CEO Malcolm Holland on Q2 2019 Results - Earnings Call Transcript

Veritex Holdings (NASDAQ: VBTX) announces its next round of earnings this Monday, July 22.

Veritex Holdings Q2 Earnings Outlook

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Veritex Holdings, Inc. (VBTX) CEO Charles Holland on Q1 2019 Results - Earnings Call Transcript

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News for Veritex Hld Stock (VBTX)