Brief: Veritex expects higher level of provision for loan losses in Q3 2019

Veritex Holdings

23/09/2019 23:13

Sept 23 (Reuters) - Veritex Holdings Inc  VBTX.O :
    * VERITEX - DETERMINED IMPACT OF RECENT EVENT AFFECTING
COMMERCIAL
LOAN RELATIONSHIP THAT WILL RESULT IN HIGHER LEVEL OF PROVISION
FOR LOAN LOSSES IN Q3
    * VERITEX HOLDINGS INC - EXPECTS TOTAL CREDIT COSTS RELATED
TO
ACQUIRED COMMERCIAL LOAN RELATIONSHIP TO BE $6 MILLION - $6.5
MILLION IN Q3

Source : (https://bit.ly/2mhYA8J)
Further company coverage:  VBTX.O 

 ((Reuters.Briefs@thomsonreuters.com;))