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VBTX — Veritex Holdings News Story

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Veritex Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Veritex Holdings Inc VBTX.OQ reported quarterly adjusted earnings of 56 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 52 cents.  The mean expectation of six analysts for the quarter was for earnings of 54 cents per share. Wall Street expected results to range from 52 cents to 56 cents per share.

Revenue rose 2.8% to $109.83 million from a year ago; analysts expected $110.66 million.

Veritex Holdings Inc's reported EPS for the quarter was 56 cents​.

The company reported quarterly net income of $30.91 million.

Veritex Holdings Inc shares had risen by 25.7% this quarter and gained 20.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Veritex Holdings Inc is $30.00, about 9.3% below its last closing price of $32.80

This summary was machine generated from LSEG data July 18 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.540.56Beat
Mar. 31 20250.510.54Beat
Dec. 31 20240.550.49Missed
Sep. 30 20240.550.59Beat

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