Veritex Earnings Reports

Veritex posted higher net income and EPS in Q2 2025, supported by stable net interest margin and strong credit quality. Book value per share increased, and the company announced a planned merger with Huntington Bancshares expected to close in Q4 2025.

Veritex Holdings, Inc. announced its first quarter 2025 results, with net income of $29.07 million and diluted EPS of $0.53. The company saw an increase in net interest margin and a decrease in criticized assets, while maintaining disciplined loan growth and a strong capital position.

Veritex Holdings reported a net income of $31.0 million for Q3 2024, with diluted EPS of $0.56. The company saw growth in deposits and common equity tier 1 capital, while also decreasing nonperforming assets. Net interest margin expanded to 3.30%.

Veritex Holdings reported Q2 2024 results with improved credit quality, stabilized NIM, and continued balance sheet repositioning. Total deposits grew by $71.0 million, and total loans grew by $70.3 million.

Veritex Holdings reported a net income of $24.156 million and diluted EPS of $0.44 for Q1 2024. The company saw growth in deposits, capital, and loans. Credit metrics remained stable.

Veritex Holdings reported net income of $32.621 million and diluted EPS of $0.60 for the quarter ended September 30, 2023. Total deposits increased by $962.6 million to $10.2 billion. The allowance for credit losses to total loans increased to 1.14%.

Veritex Holdings, Inc. reported record dollar earnings for Q3 2022, driven by strong performance in a resilient Texas market. The company achieved historical financial metrics, including a 2.2% pre-tax, pre-provision operating return, a 1.5% return on average assets, an 18% return on average tangible common equity, and an efficiency ratio of 44%. Credit metrics also improved, with a 14 bp decrease in nonperforming assets.

Veritex Holdings, Inc. reported strong second quarter results, with a focus on investing in talent and scale in resilient markets. Net income was $29.63 million, and diluted EPS was $0.54. The company saw growth in loans and deposits, and an increase in net interest margin.

Veritex Holdings, Inc. reported an outstanding first quarter with operating diluted EPS of $0.66. The company experienced significant growth, with annualized loan growth of 21% and annualized deposit growth of 29%.

Veritex Holdings, Inc. reported strong fourth-quarter results driven by organic growth, strategic investments in Thrive Mortgage and North Avenue Capital, and improving asset quality. Deposit growth remained strong, and loan balances increased for the sixth consecutive quarter.

Veritex Holdings, Inc. reported a transformational third quarter with record annualized loan growth of 22.1% and net income of $36.8 million, or $0.73 diluted earnings per share.

Veritex Holdings, Inc. reported strong second-quarter results with a net income of $29.5 million, or $0.59 diluted earnings per share. The company experienced significant loan growth, record loan production, and an improving credit profile. Additionally, Veritex completed its investment in Thrive Mortgage and increased its quarterly dividend by 18%.

Veritex Holdings reported strong operating results for the first quarter of 2021, driven by investments in talent and the reopening of the Texas economy. Net income reached $31.8 million, or $0.64 diluted earnings per share. Loan and deposit growth remained good, credit trends improved, and the balance sheet remained strong.

Veritex Holdings, Inc. reported net income of $22.8 million, or $0.46 diluted earnings per share, for the quarter ended December 31, 2020. Operating earnings totaled $29.7 million, or $0.60 diluted operating EPS. The company experienced continued loan growth, strong deposit results and higher capital levels.

Veritex Holdings, Inc. reported a net income of $22.9 million, or $0.46 diluted earnings per share, for the quarter ended September 30, 2020. The company saw a significant decrease in loans on active deferral and growth in total loans and deposits. The average cost of total deposits decreased, and the company's capital levels increased.

Veritex Holdings, Inc. reported a net income of $24.0 million, or $0.48 diluted earnings per share for the quarter ended June 30, 2020. The results reflect strong pre-tax, pre-provision operating net revenue, continued building of allowance for credit losses and higher capital levels.

Veritex Holdings reported a net income of $4.1 million, or $0.08 diluted earnings per share, for the quarter ended March 31, 2020. The results were impacted by a $35.7 million provision for credit losses and unfunded commitments due to the COVID-19 pandemic. The company's efficiency ratio was 47.61% for the quarter.

Veritex Holdings, Inc. reported net income of $29.1 million, or $0.56 diluted earnings per share, for the quarter ended December 31, 2019. Operating net income totaled $30.3 million, or $0.58 diluted operating EPS.