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Veritex Holdings, Inc. (VBTX)

Stock Price: $22.47 USD -0.51 (-2.22%)
Updated November 27, 1:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 1.12B
Revenue (ttm) 246.10M
Net Income (ttm) 80.13M
Shares Out 49.66M
EPS (ttm) 1.58
PE Ratio 14.22
Forward PE n/a
Dividend $0.68
Dividend Yield 3.03%

Stock Quote

Trading Day November 27
Last Price $22.47
Previous Close $22.98
Change ($) -0.51
Change (%) -2.22%
Day's Open 22.86
Day's Range 22.21 - 23.42
Day's Volume 68,251
52-Week Range 10.02 - 29.41

More Stats

Market Cap 1.12B
Enterprise Value 2.21B
Earnings Date (est) Feb 1, 2021
Ex-Dividend Date Nov 4, 2020
Shares Outstanding 49.66M
Float 47.80M
EPS (basic) 1.58
EPS (diluted) 1.58
FCF / Share 2.43
Dividend $0.68
Dividend Yield 3.03%
Earnings Yield 7.03%
FCF Yield 10.83%
Payout Ratio 40.20%
Shares Short 853,851
Short Ratio 3.11
Short % of Float 1.79%
Beta 1.82
PE Ratio 14.22
Forward PE n/a
P/FCF Ratio 9.24
PS Ratio 4.53
PB Ratio 0.98
Revenue 246.10M
Operating Income 97.80M
Net Income 80.13M
Free Cash Flow 120.81M
Net Cash -1.10B
Net Cash / Share -22.07
Gross Margin 119.33%
Operating Margin 39.74%
Profit Margin 32.60%
FCF Margin 49.09%
ROA 0.96%
ROE 6.70%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (5)

Buy 5
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$23.40*
(4.14% upside)
Low
22.0
Current: $22.47
High
27.0
Target: 23.40
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014201320122011
Revenue29411970.9745.4134.3026.4121.5517.7912.88
Revenue Growth145.75%68.38%56.29%32.4%29.84%22.57%21.15%38.05%-
Gross Profit29411970.9745.4134.3026.4121.5517.7912.88
Operating Income11650.2428.1819.0212.917.915.191.620.12
Net Income90.7439.3415.1512.558.795.213.411.480.11
Shares Outstanding51.9024.2322.6510.7510.719.469.06--
Earnings Per Share1.681.600.801.130.840.720.570.240.01
EPS Growth5%100%-29.2%34.52%16.67%26.32%137.5%2300%-
Dividend Per Share0.50--------
Operating Cash Flow10450.3926.6610.8616.212.236.141.632.53
Capital Expenditures-7.66-5.01-44.75-1.08-2.39-2.24-0.58-0.91-1.27
Free Cash Flow96.3045.38-18.099.7913.82-0.015.570.721.26
Cash & Equivalents25284.4514923571.5593.2576.6553.16-
Total Debt82644.7110346.3436.4748.0723.0713.09-
Net Cash / Debt-57439.7446.1918835.0845.1853.5740.07-
Assets7,9553,2092,9461,4091,040802665524-
Liabilities6,7642,6782,4571,169908689599462-
Book Value1,19153148923913211366.2461.86-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Veritex Holdings, Inc.
Country United States
Employees 676
CEO Charles Malcolm Holland

Stock Information

Ticker Symbol VBTX
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: VBTX
IPO Date October 9, 2014

Description

Veritex Holdings operates as the holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company's deposit products include demand, savings, money market and time deposit accounts, as well as commercial deposit and financial institution money market accounts. Its loan portfolio consists of commercial real estate and general commercial loans, mortgage warehouse loans, residential real estate loans, construction and land loans, farmland loans, and consumer loans, as well as purchased receivables financing. The company also provides 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 banking through telephone, 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 consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. As of December 31, 2019, the company had 25 branches and one mortgage office located in the Dallas-Fort Worth metroplex, as well as 12 full-service branches in the Houston metropolitan area and one branch in Louisville, Kentucky. Veritex Holdings, Inc. was founded in 2009 and is headquartered in Dallas, Texas.