Veritex Holdings, Inc. (VBTX)
NASDAQ: VBTX · Real-Time Price · USD
24.97
+0.49 (2.00%)
Mar 31, 2025, 4:00 PM EDT - Market closed
Veritex Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 651.18 | 648.25 | 399.68 | 280.53 | 286.58 | Upgrade
|
| Interest Income on Investments | 106.04 | 78.63 | 49.73 | 35.96 | 35.27 | Upgrade
|
| Total Interest Income | 757.22 | 726.87 | 449.41 | 316.48 | 321.85 | Upgrade
|
| Interest Paid on Deposits | 356.26 | 274.38 | 58.09 | 15.94 | 36.91 | Upgrade
|
| Interest Paid on Borrowings | 15.71 | 53.38 | 26.66 | 19.76 | 19.14 | Upgrade
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| Total Interest Expense | 371.97 | 327.76 | 84.75 | 35.7 | 56.05 | Upgrade
|
| Net Interest Income | 385.25 | 399.11 | 364.66 | 280.78 | 265.8 | Upgrade
|
| Net Interest Income Growth (YoY) | -3.48% | 9.45% | 29.87% | 5.64% | -6.77% | Upgrade
|
| Gain (Loss) on Sale of Investments | -10.82 | -5.22 | -1.25 | -0.51 | 3.1 | Upgrade
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| Gain (Loss) on Sale of Equity Investments | - | -30.59 | -5.14 | 5.76 | - | Upgrade
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| Other Non-Interest Income | 30.3 | 34.66 | 39.07 | 34.82 | 29.31 | Upgrade
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| Total Non-Interest Income | 40.4 | 19.11 | 52.82 | 58.41 | 47.34 | Upgrade
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| Non-Interest Income Growth (YoY) | 111.47% | -63.83% | -9.56% | 23.36% | 57.39% | Upgrade
|
| Revenues Before Loan Losses | 425.65 | 418.22 | 417.48 | 339.19 | 313.14 | Upgrade
|
| Provision for Loan Losses | 20.11 | 40.47 | 27.77 | -4.83 | 65.67 | Upgrade
|
| Revenue | 405.54 | 377.75 | 389.71 | 344.02 | 247.47 | Upgrade
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| Revenue Growth (YoY) | 7.36% | -3.07% | 13.28% | 39.01% | -15.73% | Upgrade
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| Salaries and Employee Benefits | 128.53 | 110.02 | 105.91 | 84.18 | 71.47 | Upgrade
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| Occupancy Expenses | 12.07 | 12.93 | 18.74 | 17.26 | 16.36 | Upgrade
|
| Amortization of Goodwill & Intangibles | 9.75 | 9.84 | 9.98 | 10.06 | 10.79 | Upgrade
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| Selling, General & Administrative | 72.64 | 73.43 | 48.75 | 40.24 | 33.89 | Upgrade
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| Other Non-Interest Expense | 43.56 | 27.25 | 18.31 | 15.15 | 14.19 | Upgrade
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| Total Non-Interest Expense | 266.55 | 233.46 | 201.7 | 166.89 | 146.7 | Upgrade
|
| EBT Excluding Unusual Items | 138.99 | 144.28 | 188.01 | 177.13 | 100.77 | Upgrade
|
| Other Unusual Items | - | - | - | - | -12.68 | Upgrade
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| Pretax Income | 138.99 | 144.28 | 186.63 | 176.31 | 88.09 | Upgrade
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| Income Tax Expense | 31.75 | 36.02 | 40.32 | 36.72 | 14.2 | Upgrade
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| Net Income | 107.24 | 108.26 | 146.32 | 139.58 | 73.88 | Upgrade
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| Net Income to Common | 107.24 | 108.26 | 146.32 | 139.58 | 73.88 | Upgrade
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| Net Income Growth | -0.94% | -26.01% | 4.82% | 88.93% | -18.58% | Upgrade
|
| Basic Shares Outstanding | 54 | 54 | 53 | 49 | 50 | Upgrade
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| Diluted Shares Outstanding | 55 | 55 | 54 | 50 | 50 | Upgrade
|
| Shares Change (YoY) | 0.66% | 1.19% | 7.15% | 0.63% | -7.30% | Upgrade
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| EPS (Basic) | 1.97 | 2.00 | 2.75 | 2.83 | 1.48 | Upgrade
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| EPS (Diluted) | 1.95 | 1.98 | 2.71 | 2.77 | 1.48 | Upgrade
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| EPS Growth | -1.52% | -26.94% | -2.17% | 87.16% | -11.91% | Upgrade
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| Dividend Per Share | 0.800 | 0.800 | 0.800 | 0.770 | 0.680 | Upgrade
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| Dividend Growth | - | - | 3.90% | 13.23% | 36.00% | Upgrade
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| Effective Tax Rate | 22.84% | 24.97% | 21.60% | 20.83% | 16.12% | Upgrade
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Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.