VBTX Stock - Veritex Holdings, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $797.62M | $776.57M | $507.37M | $369.13M | $369.19M |
| Gross Profit | $405.54M | $408.34M | $394.85M | $338.26M | $247.47M |
| Gross Margin | 50.8% | 52.6% | 77.8% | 91.6% | 67.0% |
| Operating Income | $138.99M | $144.28M | $186.63M | $176.31M | $88.09M |
| Net Income | $107.24M | $108.26M | $146.31M | $139.58M | $73.88M |
| Net Margin | 13.4% | 13.9% | 28.8% | 37.8% | 20.0% |
| EPS | $1.97 | $2.00 | $2.75 | $2.83 | $1.48 |
Veritex Holdings, Inc. operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company accepts deposit products include demand, savings, money market, and time accounts. Its loan products include commercial real estate and general commercial, mortgage warehouse loans, residential real estate, construction and land, farmland, consumer, paycheck protection program, 1-4 family residential, agricultural, multi-family residential, and consumer loans, as well as purchased receivables financing. The company also provides interest rate swap services; and a range of online banking solutions, such as access to account balances, online transfers, online bill payment and electronic delivery of customer statements, and ATMs, as well as mobile banking, mail, and personal appointment. In addition, it offers debit cards, night depository services, direct deposits, cashier's checks, and letters of credit; treasury management services, including balance reporting, transfers between accounts, wire transfer initiation, automated clearinghouse origination, and stop payments; and cash management deposit products and services consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. As of December 31, 2021, the company operated 18 full-service branches located in the Dallas-Fort Worth metroplex, and 10 full-service branches in the Houston metropolitan area. Veritex Holdings, Inc. was incorporated in 2009 and is headquartered in Dallas, Texas.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| April 2nd 2025 | Raymond James | Downgrade | Outperform | $28← $31 |
| January 30th 2025 | Hovde Group | Upgrade | Outperform | $31.5 |
| October 24th 2024 | Keefe Bruyette | Downgrade | Market Perform | - |
| September 17th 2024 | Raymond James | Upgrade | Strong Buy | $30 |
| July 5th 2023 | Hovde Group | Downgrade | Market Perform | $20.5 |
| January 5th 2023 | Raymond James | Downgrade | Market Perform | - |
| September 7th 2022 | Stephens | Downgrade | Equal Weight | $32← $36 |
| July 7th 2022 | Raymond James | Downgrade | Outperform | $38← $43 |
Earnings History & Surprises
VBTXEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q4 2025 | Oct 28, 2025 | $0.57 | $0.59 | +3.5% | ✓ BEAT |
Q3 2025 | Jul 18, 2025 | $0.55 | $0.56 | +1.8% | ✓ BEAT |
Q2 2025 | Apr 22, 2025 | $0.51 | $0.54 | +5.9% | ✓ BEAT |
Q1 2025 | Jan 28, 2025 | $0.56 | $0.54 | -3.6% | ✗ MISS |
Q4 2024 | Oct 22, 2024 | $0.55 | $0.59 | +7.3% | ✓ BEAT |
Q3 2024 | Jul 23, 2024 | $0.53 | $0.52 | -1.9% | ✗ MISS |
Q2 2024 | Apr 23, 2024 | $0.56 | $0.57 | +1.8% | ✓ BEAT |
Q1 2024 | Jan 23, 2024 | $0.64 | $0.58 | -9.4% | ✗ MISS |
Q4 2023 | Oct 24, 2023 | $0.64 | $0.63 | -1.6% | ✗ MISS |
Q3 2023 | Jul 25, 2023 | $0.75 | $0.64 | -14.7% | ✗ MISS |
Q2 2023 | Apr 25, 2023 | $0.74 | $0.79 | +6.8% | ✓ BEAT |
Q1 2023 | Jan 24, 2023 | $0.88 | $0.76 | -13.6% | ✗ MISS |
Q4 2022 | Oct 25, 2022 | $0.76 | $0.80 | +5.3% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $0.69 | $0.55 | -20.3% | ✗ MISS |
Q2 2022 | Apr 26, 2022 | $0.66 | $0.66 | 0.0% | = MET |
Q1 2022 | Jan 25, 2022 | $0.72 | $0.84 | +16.7% | ✓ BEAT |
Q4 2021 | Oct 26, 2021 | $0.68 | $0.70 | +2.9% | ✓ BEAT |
Q3 2021 | Jul 27, 2021 | $0.59 | $0.59 | 0.0% | = MET |
Q2 2021 | Apr 27, 2021 | $0.52 | $0.64 | +23.1% | ✓ BEAT |
Q1 2021 | Jan 26, 2021 | $0.45 | $0.46 | +2.2% | ✓ BEAT |
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