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

20.77USD+0.47 (+2.32%)Market Closed

Market Summary

USD20.77+0.47

Market Closed

2.32%

VBTX Stock Price

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VBTX RSI Chart

VBTX Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

10.45

Price/Sales (Trailing)

1.56

EV/EBITDA

0.89

Price/Free Cashflow

7.96

VBTX Price/Sales (Trailing)

VBTX Profitability

EBT Margin

19.85%

Return on Equity

7.07%

Return on Assets

0.87%

Free Cashflow Yield

12.57%

VBTX Fundamentals

VBTX Revenue

Revenue (TTM)

726.9M

Rev. Growth (Yr)

23.25%

Rev. Growth (Qtr)

0.26%

VBTX Earnings

Earnings (TTM)

108.3M

Earnings Growth (Yr)

-91.23%

Earnings Growth (Qtr)

-89.27%

Breaking Down VBTX Revenue

Last 7 days

7.8%

Last 30 days

6.6%

Last 90 days

-5.2%

Trailing 12 Months

17.5%

How does VBTX drawdown profile look like?

VBTX Financial Health

VBTX Investor Care

Shares Dilution (1Y)

0.62%

Diluted EPS (TTM)

1.98

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

Try For Just $1.99

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
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	229	692,932	1,057,040	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	145,571	636,737	-%
Apr 19, 2024	Maryland State Retirement & Pension System	reduced	-2.03	-86,005	379,069	0.01%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.95	-99,000	678,000	0.01%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-91.51	-340,987	27,539	-%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	-109	799	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	-	2,000	-%
Apr 11, 2024	Opal Wealth Advisors, LLC	new	-	4,160	4,160	-%
Apr 11, 2024	Fortitude Family Office, LLC	unchanged	-	-178	1,311	-%
Apr 10, 2024	Inscription Capital, LLC	sold off	-100	-878,024	-	-%

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

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
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
Feb 07, 2024	4	Insider Trading

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	553.3B	171.1B	-2.31%	36.49%	11.17	3.23	60.72%	31.52%
BAC	302.1B	130.3B	3.56%	28.93%	11.39	2.32	79.51%	-3.68%
WFC	218.1B	85.7B	6.72%	47.09%	11.39	2.55	41.49%	39.96%
C	119.7B	133.3B	3.01%	27.78%	12.98	0.9	79.09%	-
CFG	16.0B	10.2B	-0.51%	22.27%	9.98	1.57	44.53%	-22.43%
KEY	13.8B	7.9B	-2.00%	32.35%	14.22	1.74	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.92%	23.45%	7.92	1.67	56.25%	-23.46%
ZION	6.2B	3.9B	2.71%	47.68%	9.1	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	1.85%	41.72%	12.28	2.58	43.24%	-22.35%
ASB	3.2B	2.0B	3.40%	20.85%	17.57	1.64	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.1M	164.9M	-1.69%	36.50%	35.41	2.51	42.66%	-70.76%
AROW	383.0M	162.6M	-4.81%	4.19%	12.74	2.36	25.39%	-38.37%
ACNB	291.3M	96.6M	-3.52%	8.70%	9.19	3.01	11.02%	-11.37%
ASRV	45.6M	60.9M	-2.56%	-9.83%	-13.63	0.75	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.3%	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	38.00
EBITDA Margin	-13.0%	0.77*	0.89*	1.01*	1.13*	1.27*	1.41*	1.48*	1.50*	1.49*	1.42*	1.35*	1.30*	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.9%	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	29.00
Income Taxes	-35.3%	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	4.00
Earnings Before Taxes	-77.3%	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	13.00
EBT Margin	-26.4%	0.20*	0.27*	0.32*	0.36*	0.42*	0.49*	0.52*	0.55*	0.56*	0.49*	0.44*	0.40*	-	-	-	-	-	-	-	-	-
Net Income	-89.3%	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	10.00
Net Income Margin	-28.8%	0.15*	0.21*	0.25*	0.28*	0.33*	0.39*	0.42*	0.44*	0.44*	0.39*	0.35*	0.33*	-	-	-	-	-	-	-	-	-
Free Cashflow	-87.9%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.4%	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	3,209
Cash Equivalents	-11.8%	629	713	664	808	436	434	411	552	380	230	390	468	231	129	160	431	252	253	266	339	84.00
Net PPE	-0.4%	106	106	106	108	109	109	109	109	109	116	124	115	115	116	116	116	119	118	115	119	78.00
Goodwill	0%	404	404	404	404	404	404	404	34.00	404	371	371	371	371	371	371	371	371	370	370	368	161
Liabilities	0.1%	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	2,678
Shareholder's Equity	2.7%	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	531
Retained Earnings	-1.6%	444	452	430	407	379	350	318	299	275	244	217	196	172	158	143	128	148	125	105	85.00	84.00
Additional Paid-In Capital	0.2%	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	449
Shares Outstanding	-	-	-	-	-	-	-	54.00	54.00	49.00	49.00	49.00	49.00	49.00	50.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-84.9%	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	11,547
Share Based Compensation	2.6%	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	973
Cashflow From Investing	-166.8%	-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	-109,571
Cashflow From Financing	118.5%	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	-79,317
Dividend Payments	-0.8%	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	-

VBTX Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INTEREST AND DIVIDEND INCOME
Interest and fees on loans	$ 648,245	$ 399,679	$ 280,526
Debt securities	44,364	38,736	32,132
Deposits in financial institutions and Fed Funds sold	28,331	6,275	589
Equity securities and other investments	5,934	4,720	3,237
Total interest and dividend income	726,874	449,410	316,484
INTEREST EXPENSE
Transaction and savings deposits	148,975	42,785	6,858
Certificates and other time deposits	125,409	15,307	9,079
Advances from FHLB	41,024	15,501	7,336
Subordinated debentures and subordinated notes	12,352	11,160	12,428
Total interest expense	327,760	84,753	35,701
NET INTEREST INCOME	399,114	364,657	280,783
Provision (benefit) for credit losses	42,512	26,950	(3,349)
(Benefit) provision for credit losses on unfunded commitments	(2,041)	820	(1,481)
Net interest income after provision for credit losses	358,643	336,887	285,613
NONINTEREST INCOME
Service charges and fees on deposit accounts	20,248	20,139	16,742
Loan fees	6,348	10,442	7,607
Loss on sale of debt securities	(5,321)	0	(188)
Gain on sale of mortgage LHFS	77	550	1,592
Gain on sale of SBA LHFS	2,711	2,838	14,477
Gain on sale of USDA LHFS	17,271	11,222	1,283
Equity method investment (loss) income	(30,589)	(5,141)	5,760
Customer swap income	1,618	7,898	2,491
Other	6,742	4,874	8,641
Total noninterest income	19,105	52,822	58,405
NONINTEREST EXPENSE
Salaries and employee benefits	122,070	117,841	94,748
Occupancy and equipment	19,351	18,744	17,263
Professional and regulatory fees	26,166	14,142	12,945
Data processing and software expense	18,539	14,013	9,946
Marketing	8,704	7,179	5,344
Amortization of intangibles	9,838	9,979	10,057
Telephone and communications	1,551	1,484	1,434
M&A expense	0	1,379	826
Other	27,245	18,314	15,149
Total noninterest expense	233,464	203,075	167,712
Income before income tax expense	144,284	186,634	176,306
Income tax expense	36,023	40,319	36,722
NET INCOME	$ 108,261	$ 146,315	$ 139,584
Basic earnings per share (in dollars per share)	$ 2.00	$ 2.75	$ 2.83
Diluted earnings per share (in dollars per share)	$ 1.98	$ 2.71	$ 2.77

VBTX Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 58,914	$ 60,551
Interest bearing deposits in other banks	570,149	375,526
Total cash and cash equivalents	629,063	436,077
Debt securities AFS, at fair value	1,076,639	1,096,292
Debt securities HTM (fair value of $160,021 and $158,781 at December 31, 2023 and 2022, respectively)	180,403	186,168
Equity securities	21,521	19,864
Investment in unconsolidated subsidiaries	1,018	1,018
FHLB and FRB stock	53,699	101,568
Total investments	1,333,280	1,404,910
LHFS	79,072	20,641
LHI, MW	377,796	446,227
LHI, excluding MW	9,206,544	9,036,424
Less: ACL	(109,816)	(91,052)
Total LHI, net	9,474,524	9,391,599
BOLI	84,833	84,496
Premises and equipment, net	105,727	108,824
Intangible assets, net of accumulated amortization	41,753	53,213
Goodwill	404,452	404,452
Other assets	241,633	250,149
Total assets	12,394,337	12,154,361
Deposits:
Noninterest-bearing deposits	2,218,036	2,640,617
Interest-bearing transaction and savings deposits	4,348,385	3,514,729
Certificates and other time deposits	3,191,737	2,086,642
Correspondent money market account	580,037	881,246
Total deposits	10,338,195	9,123,234
Accounts payable and other liabilities	195,036	177,579
Advances from FHLB	100,000	1,175,000
Subordinated debentures and subordinated notes	229,783	228,775
Total liabilities	10,863,014	10,704,588
Stockholders’ equity:
Common stock, $0.01 par value: Authorized shares - 75,000,000 Issued shares - 60,976,462 and 60,668,049 at December 31, 2023 and December 31, 2022, respectively	610	607
APIC	1,317,516	1,306,852
Retained earnings	444,242	379,299
AOCI	(63,463)	(69,403)
Treasury stock, 6,638,094 and 6,638,094 shares at cost at December 31, 2023 and 2022, respectively	(167,582)	(167,582)
Total stockholders’ equity	1,531,323	1,449,773
Total liabilities and stockholders’ equity	$ 12,394,337	$ 12,154,361

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 Tue Apr 23 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 Tue Apr 23 2024, VBTX's PE ratio (Price to Earnings) is 10.45 and Price to Sales (PS) ratio is 1.56. 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.