Veritex Holdings, Inc. (VBTX)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Customer swap income | 1,550 | 700 | 271 | 326 |
| Other | 1,824 | 2,182 | 3,335 | 1,751 |
| Loss on sales of debt securities | - | - | - | - |
| Government guaranteed loan income, net | 1,688 | 3,301 | 780 | 1,320 |
| Loan fees | 2,735 | 2,495 | 3,278 | 2,207 |
| Service charges and fees on deposit accounts | 5,702 | 5,611 | 5,442 | 4,974 |
| Total noninterest income | 13,499 | 14,289 | 13,106 | 10,578 |
| Professional and regulatory fees | 5,558 | 4,931 | 4,903 | 5,617 |
| Other | 11,346 | 10,426 | 12,216 | 10,273 |
| Occupancy and equipment | 4,511 | 4,650 | 4,789 | 4,585 |
| Marketing | 2,612 | 2,032 | 2,781 | 1,976 |
| Salaries and employee benefits | 34,957 | 36,624 | 37,370 | 32,790 |
| Data processing and software expense | 5,507 | 5,403 | 5,268 | 5,097 |
| Telephone and communications | 233 | 330 | 335 | 365 |
| Amortization of intangibles | 2,438 | 2,438 | 2,438 | 2,438 |
| Total noninterest expense | 67,162 | 66,834 | 70,100 | 63,141 |
| Provision (benefit) for credit losses on unfunded commitments | 1,500 | 1,300 | - | - |
| Certificates and other time deposits | 28,539 | 30,268 | 46,230 | 44,811 |
| Subordinated debentures and subordinated notes | 2,056 | 2,824 | 3,116 | 3,113 |
| Transaction and savings deposits | 48,080 | 45,165 | 47,208 | 45,619 |
| Advances from fhlb | 113 | 27 | 47 | 1,468 |
| Total interest expense | 78,788 | 78,284 | 96,601 | 95,011 |
| Equity securities and other investments | 847 | 870 | 1,001 | 1,138 |
| Deposits in financial institutions and federal funds sold | 8,039 | 9,244 | 12,571 | 7,722 |
| Interest and fees on loans | 149,354 | 146,505 | 167,261 | 166,979 |
| Debt securities | 16,883 | 17,106 | 15,830 | 15,408 |
| Total interest and dividend income | 175,123 | 173,725 | 196,663 | 191,247 |
| Net interest income | 96,335 | 95,441 | 100,062 | 96,236 |
| Provision for credit losses on loans | 1,750 | 4,000 | 4,000 | 8,250 |
| Net interest income after provision (benefit) for credit losses | 93,085 | 90,141 | 96,062 | 87,986 |
| Income before income tax expense | 39,422 | 37,596 | 39,068 | 35,423 |
| Provision for income taxes | 8,516 | 8,526 | 8,067 | 8,221 |
| Net income | 30,906 | 29,070 | 31,001 | 27,202 |
| Basic eps (in dollars per share) | 0.57 | 0.53 | 0.57 | 0.5 |
| Diluted eps (in dollars per share) | 0.56 | 0.53 | 0.56 | 0.5 |
| Weighted average shares outstanding for basic eps (in shares) | 54,251,000 | 54,486,000 | 54,409,000 | 54,457,000 |