Veritex Holdings Stock Price, News & Analysis

Veritex Holdings (NASDAQ: VBTX) announced its Q1 2025 financial results, reporting a net income of $29.07 million with diluted EPS of $0.53, up from $24.88 million and $0.45 in Q4 2024. The company's net interest margin increased by 11 basis points to 3.31%, while book value per share rose to $30.08.

Key highlights include: decreased criticized assets by $17.7 million, redeemed $75.0 million in subordinated notes, and reduced loan-to-deposit ratio to 88.9%. The company repurchased 377,346 shares for approximately $9.5 million and increased its quarterly cash dividend to $0.22 per share.

Credit quality metrics showed nonperforming assets at $96.9 million (0.77% of total assets), with net charge-offs of $4.0 million. Total loans held for investment decreased by $70.5 million to $8.83 billion, while total deposits decreased by $87.5 million to $10.67 billion.

Veritex Holdings (Nasdaq: VBTX) has scheduled its first quarter 2025 earnings release for Tuesday, April 22, 2025, after market close. The company will host an investor conference call to discuss the results on Wednesday, April 23, 2025, at 8:30 a.m. Central Time.

Investors can access the earnings release through the company's investor relations website and participate in the conference call via webcast or teleconference. A replay of the call will be available within two hours after completion and accessible for one week through Veritex's website.

Veritex operates through its subsidiary, Veritex Community Bank, with locations across the Dallas-Fort Worth metroplex and Houston metropolitan area. The bank is regulated by the Texas Department of Banking and the Federal Reserve System.

Veritex Holdings (Nasdaq: VBTX) has announced the extension of its stock buyback program through March 31, 2026. The program authorizes the company to purchase up to $50.0 million of its outstanding common stock. To date, Veritex has repurchased 555,016 shares, equivalent to $13.1 million under the program.

The buyback program, originally approved in 2024, will be funded using the company's cash on hand and operational cash from Veritex Community Bank. The Board of Directors retains the right to suspend, terminate, amend, or modify the program at any time without prior notice. The program does not obligate the company to purchase any specific number of shares and will be subject to market conditions, legal requirements, and other considerations.

Veritex Holdings (Nasdaq: VBTX) has announced a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend will be paid on or after February 28, 2025 to shareholders of record as of February 14, 2025.

Veritex, headquartered in Dallas, Texas, operates through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and Houston metropolitan area. The bank is regulated by the Texas Department of Banking and the Federal Reserve System.

Veritex Holdings (NASDAQ: VBTX) reported its Q4 and full-year 2024 results, with operating EPS of $2.17 for 2024. The company achieved several key improvements, including a $100 million reduction in criticized loans and decreased commercial real estate concentrations from 320.2% to 298.9% year-over-year.

Q4 2024 highlights include net income of $24.9 million ($0.45 per diluted share), net interest income of $96.1 million, and a net interest margin of 3.20%. Total deposits grew by $414.4 million (4.0%) year-over-year, while total loans held for investment decreased by $307.4 million (3.3%). The company maintained strong credit quality with an allowance for credit losses ratio of 1.18%.

The Board declared a quarterly cash dividend of $0.20 per share, payable on February 28, 2025.

Veritex Holdings (Nasdaq: VBTX) has scheduled its fourth quarter and full year 2024 earnings release for Tuesday, January 28, 2025, after market close. The company will host an investor conference call to discuss the results on Wednesday, January 29, 2025, at 8:30 a.m. Central Time.

Stakeholders can access the earnings release through the company's investor relations website and participate in the conference call via webcast or teleconference. A replay of the call will be available within approximately two hours after completion and accessible for one week through Veritex's website.

Veritex operates through its subsidiary, Veritex Community Bank, serving the Dallas-Fort Worth metroplex and Houston metropolitan area as a Texas state chartered bank regulated by the Texas Department of Banking and the Federal Reserve System.

Veritex Holdings, Inc. (Nasdaq: VBTX), the parent company of Veritex Community Bank, has announced 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 is a bank holding company headquartered in Dallas, Texas. Its subsidiary, Veritex Community Bank, operates throughout the Dallas-Fort Worth metroplex and in the Houston metropolitan area. The bank is regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System.

Veritex Holdings announced its Q3 2024 results, highlighting significant financial metrics. GAAP net income was $31M, up from $27.2M in Q2 2024, but down from $104.8M in Q3 2023. Diluted EPS reached $0.56, an increase from $0.50 in Q2 2024. Book value per share grew to $29.53. Net interest margin slightly increased to 3.30%, while nonperforming assets decreased to 0.52% of total assets. Total deposits rose by $311.2M, or 11.60% annualized. Operating earnings were $32.2M, up from $28.3M in Q2 2024. However, noninterest expense increased by $7M, primarily due to higher salaries and benefits. The company declared a quarterly cash dividend of $0.20 per share, payable on November 22, 2024. Net interest income before provision for credit losses was $100.1M, up from $96.2M in Q2 2024. Noninterest income rose by $2.5M, driven by higher OREO income and loan fees. Despite these gains, efficiency ratio worsened to 61.94% from 59.11% in Q2 2024.

Veritex Holdings, Inc. (Nasdaq: VBTX), the parent company of Veritex Community Bank, has announced the schedule for its third quarter 2024 earnings release and conference call. The company plans to release its Q3 2024 results after market close on Tuesday, October 22, 2024. The earnings release will be available on the company's investor relations website.

An investor conference call to review the results is scheduled for Wednesday, October 23, 2024, at 8:30 a.m. Central Time. Investors can access the call through a live webcast on Veritex's website or via teleconference. A replay of the call will be available within approximately two hours after completion and accessible for one week through the company's website.