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Jun 30
Veritex Q2 2025 Earnings Report
Veritex reported solid earnings growth and maintained strong credit quality in Q2 2025.
Key Takeaways
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.
Net income rose to $30.9M with diluted EPS of $0.56
Book value per share increased to $30.39 and tangible book value to $22.68
Credit quality remained strong with NPAs at 0.60% of total assets
Merger with Huntington Bancshares expected to close in Q4 2025
Veritex
Veritex
Veritex Revenue by Segment
Revenue by Segment
Commercial LHI Revenue
CapyFin.comOwner Occupied CRE Revenue
CapyFin.comNon-Owner Occ. CRE Revenue
CapyFin.comConstruction & Land Revenue
CapyFin.comFarmland loans Revenue
CapyFin.com1-4 Family Residential Revenue
CapyFin.comMulti-Family Residential Revenue
CapyFin.comConsumer loans Revenue
CapyFin.comMortgage Warehouse Revenue
CapyFin.com Forward Guidance
Management expects continued strong credit quality and stable earnings as it prepares for its merger with Huntington Bancshares in Q4 2025.
Positive Outlook
- Strong credit quality with low NPAs and net charge-offs
- Stable net interest margin expected to continue
- Book value per share growth remains positive
- Capital ratios remain strong and above regulatory requirements
- Merger with Huntington Bancshares expected to drive scale and synergies
Challenges Ahead
- Higher operating expenses impacting efficiency ratio
- Deposit outflows continued in the quarter
- Decreases in loan balances compared to prior quarter
- Noninterest income declined sequentially due to lower government guaranteed loan income
- Merger completion subject to regulatory approval and integration risks