VBTX - Veritex Holdings Inc Stock Price, Fair Value and News

20.64USD+0.32 (+1.57%)Market Closed

Market Summary

USD20.64+0.32

Market Closed

1.57%

VBTX Alerts

Big fall in earnings (Y/Y)

VBTX Stock Price

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VBTX RSI Chart

VBTX Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

11.98

Price/Sales (Trailing)

1.52

EV/EBITDA

0.72

Price/Free Cashflow

7.41

VBTX Price/Sales (Trailing)

VBTX Profitability

EBT Margin

17.02%

Return on Equity

6.11%

Return on Assets

0.74%

Free Cashflow Yield

13.5%

VBTX Fundamentals

VBTX Revenue

Revenue (TTM)

741.8M

Rev. Growth (Yr)

8.81%

Rev. Growth (Qtr)

-1.61%

VBTX Earnings

Earnings (TTM)

94.0M

Earnings Growth (Yr)

-37.11%

Earnings Growth (Qtr)

590.37%

Breaking Down VBTX Revenue

Last 7 days

3.3%

Last 30 days

2.0%

Last 90 days

4.4%

Trailing 12 Months

31.5%

How does VBTX drawdown profile look like?

VBTX Financial Health

VBTX Investor Care

Shares Dilution (1Y)

0.51%

Diluted EPS (TTM)

1.72

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	741.8M	0	0	0
2023	538.7M	627.6M	691.5M	726.9M
2022	321.2M	338.6M	382.1M	449.4M
2021	310.5M	307.3M	309.7M	316.5M
2020	370.5M	353.7M	335.5M	321.9M
2019	206.2M	267.5M	325.2M	378.8M
2018	144.3M	144.6M	144.7M	145.1M
2017	100.6M	120.8M	136.4M	144.2M
2016	40.4M	46.9M	59.7M	79.6M
2015	29.5M	30.4M	32.5M	34.9M
2014	24.7M	25.9M	27.1M	28.3M
2013	0	0	22.4M	23.5M
2012	0	0	0	21.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Veritex Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 20, 2024	ellis william don	gifted	-	-	-732	-
Feb 06, 2024	riebe michael clayton	sold (taxes)	-39,020	19.98	-1,953	chief credit officer
Feb 06, 2024	renfro lavonda	acquired	-	-	4,896	chief operating officer
Feb 06, 2024	harper angela	acquired	-	-	4,244	evp, credit risk officer
Feb 06, 2024	renfro lavonda	sold (taxes)	-36,403	19.98	-1,822	chief operating officer
Feb 06, 2024	riebe michael clayton	acquired	-	-	5,697	chief credit officer
Feb 06, 2024	harper angela	sold (taxes)	-31,688	19.98	-1,586	evp, credit risk officer
Feb 06, 2024	holland c malcolm iii	sold (taxes)	-171,428	19.98	-8,580	chairman, ceo, president
Feb 06, 2024	earley terry	sold (taxes)	-36,403	19.98	-1,822	chief financial officer
Feb 06, 2024	mcdaniel cara	acquired	-	-	3,916	chief talent officer

Which funds bought or sold VBTX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-42.29	-462,000	478,000	-%
May 07, 2024	OPPENHEIMER & CO INC	unchanged	-	-46,982	346,281	0.01%
May 07, 2024	Empowered Funds, LLC	added	85.86	2,046,210	5,260,520	0.05%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-26.69	-432,926	788,353	-%
May 07, 2024	Arizona State Retirement System	reduced	-1.66	-47,367	305,895	-%
May 07, 2024	SEI INVESTMENTS CO	added	4.62	-348,278	4,071,310	0.01%
May 07, 2024	Illinois Municipal Retirement Fund	added	0.68	-79,000	620,000	0.01%
May 07, 2024	Swiss National Bank	unchanged	-	-297,508	2,192,780	-%
May 06, 2024	LMCG INVESTMENTS, LLC	reduced	-76.69	-1,574,960	406,686	0.02%
May 06, 2024	SG Americas Securities, LLC	new	-	177,000	177,000	-%

Are Funds Buying or Selling VBTX?

Are funds buying VBTX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own VBTX

No. of Funds

VBTX Alerts

Big fall in earnings (Y/Y)

Unveiling Veritex Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	8.6%	4,649,918	SC 13G
Feb 13, 2024	vanguard group inc	6.94%	3,772,114	SC 13G/A
Jan 23, 2024	blackrock inc.	14.3%	7,763,029	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	6.6%	3,561,182	SC 13G
Feb 09, 2023	vanguard group inc	6.83%	3,686,450	SC 13G/A
Jan 24, 2023	blackrock inc.	14.4%	7,753,775	SC 13G/A
Feb 11, 2022	fj capital management llc	2.94%	1,449,412	SC 13G/A
Jan 27, 2022	blackrock inc.	14.3%	7,049,187	SC 13G/A
Jan 26, 2022	blackrock inc.	14.3%	7,049,187	SC 13G/A
Feb 10, 2021	fj capital management llc	6.51%	3,231,904	SC 13G/A

Recent SEC filings of Veritex Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	10-Q	Quarterly Report
Apr 23, 2024	8-K	Current Report
Apr 18, 2024	DEF 14A	DEF 14A
Mar 28, 2024	8-K	Current Report
Mar 22, 2024	3	Insider Trading
Mar 11, 2024	8-K	Current Report
Feb 28, 2024	10-K	Annual Report
Feb 22, 2024	4	Insider Trading
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Veritex Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	561.8B	174.7B	-1.43%	43.42%	11.16	3.22	53.11%	19.83%
BAC	294.9B	127.4B	0.56%	36.33%	11.78	2.14	56.12%	-12.56%
WFC	213.5B	85.8B	5.95%	58.87%	11.37	2.49	35.02%	26.14%
C	119.7B	125.0B	1.65%	34.89%	14.97	0.96	37.85%	-
CFG	16.4B	10.4B	2.86%	37.97%	11.43	1.57	26.22%	-33.87%
KEY	14.2B	8.1B	-2.78%	54.53%	16.2	1.74	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	-0.20%	48.47%	10.28	1.68	34.68%	-45.96%
ZION	6.5B	4.1B	2.65%	80.71%	10.36	1.6	32.93%	-30.73%
ABCB	3.4B	1.3B	4.29%	69.14%	12.73	2.68	43.24%	-22.35%
ASB	3.4B	1.8B	4.48%	49.83%	21	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	400.5M	152.4M	-4.27%	48.11%	40.28	2.63	16.94%	-73.84%
AROW	395.9M	162.6M	1.49%	18.80%	13.17	2.44	25.39%	-38.37%
ACNB	275.0M	96.6M	-9.35%	14.97%	8.68	2.85	11.02%	-11.37%
ASRV	42.4M	60.9M	6.93%	-11.15%	-12.66	0.7	24.06%	-144.92%

Veritex Holdings Inc News

Latest updates

Veritex Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.6%	185	188	187	183	170	152	123	94.00	80.00	85.00	80.00	76.00	76.00	78.00	77.00	79.00	87.00	92.00	96.00	96.00	95.00
EBITDA Margin	-6.9%	0.72*	0.77*	0.89*	1.01*	1.13*	1.27*	1.41*	1.48*	1.50*	1.49*	1.42*	1.35*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.9%	93.00	96.00	99.00	101	103	106	101	84.00	73.00	77.00	71.00	67.00	66.00	67.00	66.00	66.00	67.00	70.00	71.00	71.00	73.00
Income Taxes	20.5%	7.00	6.00	9.00	10.00	11.00	12.00	12.00	8.00	8.00	11.00	9.00	8.00	9.00	5.00	6.00	4.00	-0.68	8.00	8.00	7.00	2.00
Earnings Before Taxes	230.3%	31.00	10.00	42.00	43.00	49.00	52.00	56.00	38.00	42.00	52.00	46.00	37.00	41.00	28.00	29.00	28.00	3.00	37.00	35.00	34.00	9.00
EBT Margin	-14.3%	0.17*	0.20*	0.27*	0.32*	0.36*	0.42*	0.49*	0.52*	0.55*	0.56*	0.49*	0.44*	-	-	-	-	-	-	-	-	-
Net Income	590.4%	24.00	3.00	33.00	34.00	38.00	40.00	43.00	30.00	33.00	42.00	37.00	29.00	32.00	23.00	23.00	24.00	4.00	29.00	27.00	27.00	7.00
Net Income Margin	-14.9%	0.13*	0.15*	0.21*	0.25*	0.28*	0.33*	0.39*	0.42*	0.44*	0.44*	0.39*	0.35*	-	-	-	-	-	-	-	-	-
Free Cashflow	826.1%	43.00	5.00	38.00	62.00	33.00	42.00	49.00	30.00	67.00	2.00	42.00	64.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.5%	12,708	12,394	12,346	12,470	12,609	12,154	11,714	11,305	10,454	9,757	9,572	9,350	9,238	8,821	8,702	8,588	8,532	7,955	7,963	8,010	7,932
Cash Equivalents	17.8%	741	629	713	664	808	436	434	411	552	380	230	390	468	231	129	160	431	252	253	266	339
Net PPE	-0.4%	105	106	106	106	108	109	109	109	109	109	116	124	115	115	116	116	116	119	118	115	119
Goodwill	0%	404	404	404	404	404	404	404	404	34.00	404	371	371	371	371	371	371	371	371	370	370	368
Liabilities	2.8%	11,170	10,863	10,855	10,979	11,116	10,705	10,303	9,875	9,006	8,442	8,288	8,077	8,004	7,617	7,517	7,424	7,382	6,764	6,757	6,805	6,738
Shareholder's Equity	0.5%	1,539	1,531	1,491	1,491	1,494	1,450	1,412	1,429	1,448	1,315	1,284	1,273	1,234	1,203	1,185	1,164	1,149	1,191	1,206	1,205	1,194
Retained Earnings	3.0%	457	444	452	430	407	379	350	318	299	275	244	217	196	172	158	143	128	148	125	105	85.00
Additional Paid-In Capital	0.1%	1,319	1,318	1,314	1,312	1,308	1,307	1,303	1,300	1,297	1,143	1,138	1,135	1,131	1,126	1,124	1,122	1,120	1,118	1,115	1,112	1,109
Shares Outstanding	-	-	-	-	-	-	-	-	54.00	54.00	49.00	49.00	49.00	49.00	49.00	50.00	-	-	-	-	-	-
Float	-	-	-	-	946	-	-	-	1,536	-	-	-	1,705	-	-	-	854	-	-	-	1,355	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	635.5%	44,269	6,019	39,751	63,778	34,539	43,338	50,147	31,023	68,218	3,444	42,857	63,970	83,220	13,764	26,285	27,871	39,730	28,458	35,470	22,156	17,876
Share Based Compensation	-4.8%	2,889	3,036	2,960	3,167	2,887	2,852	3,115	2,644	3,318	2,737	2,666	2,692	2,478	2,102	2,078	1,845	1,958	1,732	1,429	934	17,557
Cashflow From Investing	-93.7%	-237,123	-122,401	183,168	-41,762	-66,508	-428,605	-397,280	-1,008,709	-564,784	2,347	-382,956	-207,473	-228,307	-4,337	-141,609	-325,479	-403,130	-5,533	32,087	-185,664	112,771
Cashflow From Financing	850.7%	304,560	32,037	-173,432	-166,490	404,287	387,447	370,314	836,829	668,355	144,281	179,784	65,501	382,291	92,631	83,785	27,072	542,692	-23,967	-80,787	89,857	124,377
Dividend Payments	-100.0%	-	10,770	10,861	10,850	10,837	10,793	10,791	10,792	9,913	9,866	9,906	8,413	8,358	8,208	8,558	8,563	8,728	6,484	6,713	6,783	6,816
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	11,435	-	4,074	7,913	-	-	49,557	35,746	28,972	22,083	7,732

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VBTX Income Statement

2024-03-31

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INTEREST AND DIVIDEND INCOME
Interest and fees on loans	$ 161,942	$ 151,707
Debt securities	13,695	10,988
Deposits in financial institutions and Federal Funds sold	8,050	5,534
Equity securities and other investments	900	1,408
Total interest and dividend income	184,587	169,637
INTEREST EXPENSE
Transaction and savings deposits	46,784	29,857
Certificates and other time deposits	40,492	20,967
Advances from FHLB	1,391	12,358
Subordinated debentures and subordinated notes	3,114	3,066
Total interest expense	91,781	66,248
NET INTEREST INCOME	92,806	103,389
Provision for credit losses	7,500	9,385
(Benefit) provision for credit losses on unfunded commitments	(1,541)	1,497
Net interest income after provision (benefit) for credit losses	86,847	92,507
NONINTEREST INCOME
Service charges and fees on deposit accounts	4,896	5,017
Loan fees	2,510	2,064
Loss on sales of debt securities	(6,304)	(5,321)
Government guaranteed loan income, net	2,614	9,688
Equity method investment loss	0	(1,521)
Customer swap income	408	217
Other	2,538	3,387
Total noninterest income	6,662	13,531
NONINTEREST EXPENSE
Salaries and employee benefits	33,365	31,865
Occupancy and equipment	4,677	4,973
Professional and regulatory fees	6,053	4,389
Data processing and software expense	4,856	4,720
Marketing	1,546	1,779
Amortization of intangibles	2,438	2,495
Telephone and communications	261	478
Other	8,920	5,916
Total noninterest expense	62,116	56,615
Income before income tax expense	31,393	49,423
Income tax expense	7,237	11,012
NET INCOME	$ 24,156	$ 38,411
Basic EPS (in dollars per share)	$ 0.44	$ 0.71
Diluted EPS (in dollars per share)	$ 0.44	$ 0.70

VBTX Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 41,884	$ 58,914
Interest bearing deposits in other banks	698,885	570,149
Total cash and cash equivalents	740,769	629,063
Debt securities AFS, at fair value	1,166,268	1,076,639
Debt securities HTM (fair value of $155,741 and $160,021, at March 31, 2024 and December 31, 2023, respectively)	178,662	180,403
Equity securities	21,676	21,521
Investment in unconsolidated subsidiaries	1,018	1,018
FHLB Stock and FRB Stock	54,094	53,699
Total investments	1,421,718	1,333,280
LHFS	64,762	79,072
LHI, MW	449,531	377,796
LHI, excluding MW	9,249,551	9,206,544
Less: ACL	(112,032)	(109,816)
Total LHI, net	9,587,050	9,474,524
BOLI	85,359	84,833
Premises and equipment, net	105,299	105,727
OREO	18,445	0
Intangible assets, net of accumulated amortization	38,679	41,753
Goodwill	404,452	404,452
Other assets	241,863	241,633
Total assets	12,708,396	12,394,337
Deposits:
Noninterest-bearing deposits	2,349,211	2,218,036
Interest-bearing transaction and savings deposits	4,220,114	4,348,385
Certificates and other time deposits	3,486,805	3,191,737
Correspondent money market deposits	597,690	580,037
Total deposits	10,653,820	10,338,195
Accounts payable and other liabilities	186,027	195,036
Advances from FHLB	100,000	100,000
Subordinated debentures and subordinated notes	230,034	229,783
Total liabilities	11,169,881	10,863,014
Stockholders’ equity:
Common stock, $0.01 par value: Authorized shares - 75,000,000 Issued shares - 61,134,055 and 60,976,462 at March 31, 2024 and December 31, 2023, respectively	611	610
APIC	1,319,144	1,317,516
Retained earnings	457,499	444,242
AOCI	(71,157)	(63,463)
Treasury stock, 6,638,094 and 6,638,094 shares, at cost, at March 31, 2024 and December 31, 2023, respectively	(167,582)	(167,582)
Total stockholders’ equity	1,538,515	1,531,323
Total liabilities and stockholders’ equity	$ 12,708,396	$ 12,394,337

About Veritex Holdings Inc

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. The company operates full-service branches located in the Dallas-Fort Worth metroplex, and the Houston metropolitan area. Veritex Holdings, Inc. was incorporated in 2009 and is headquartered in Dallas, Texas.

CEO	Mr. Charles Malcolm Holland III
WEBSITE	veritexbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	763

Veritex Holdings Inc Frequently Asked Questions

What is the ticker symbol for Veritex Holdings Inc? What does VBTX stand for in stocks?

VBTX is the stock ticker symbol of Veritex Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Veritex Holdings Inc (VBTX)?

As of Wed May 08 2024, market cap of Veritex Holdings Inc is 1.13 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VBTX stock?

You can check VBTX's fair value in chart for subscribers.

What is the fair value of VBTX stock?

You can check VBTX's fair value in chart for subscribers. The fair value of Veritex Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Veritex Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VBTX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Veritex Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether VBTX is over valued or under valued. Whether Veritex Holdings Inc is cheap or expensive depends on the assumptions which impact Veritex Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VBTX.

What is Veritex Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, VBTX's PE ratio (Price to Earnings) is 11.98 and Price to Sales (PS) ratio is 1.52. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VBTX PE ratio will change depending on the future growth rate expectations of investors.