NASDAQ$VBTX
Veritex Holdings Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported first quarter operating results
Veritex Holdings reported strong operating results for the first quarter of 2021, driven by investments in talent and the reopening of the Texas economy. Net income reached $31.8 million, or $0.64 diluted earnings per share. Loan and deposit growth remained good, credit trends improved, and the balance sheet remained strong.
- Net income was $31.8 million, or $0.64 diluted earnings per share.
- Pre-tax, pre-provision operating earnings totaled $40.2 million.
- Operating return on average tangible common equity was 17.39%.
- Total deposits grew $391.7 million from the fourth quarter of 2020, or 24.0% annualized.
Headline financials
Revenue & EPS history
Veritex · Revenue · Quarterly
$79.8M
Revenue by segment
Veritex · $6.62B total across 8 segments · Q3 2021
- Non-Owner Occ. CRE$2.18B—32.8%
- Commercial LHI$1.81B—27.4%
- Construction & Land$936M—14.1%
- Owner Occupied CRE$711M—10.7%
- 1-4 Family Residential$544M—8.2%
- Multi-Family Residential$357M—5.4%
- Farmland loans$73.6M—1.1%
- Consumer loans$14.3M—0.2%
Forward guidance
The company did not provide specific forward guidance but expressed excitement about the future of Veritex, including the partnership with Thrive Mortgage.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports
+0.3%
Avg return
Earnings day
+1.3%
Avg return
5 days after
+0.6%
Avg return
30 days after
53%
26 / 49 earnings
Positive
+15.3%
Q1 2020
Best reaction
-10.1%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | -1.7% | -1.0% | -2.7% | |
| Q1 2025 | +5.1% | +5.6% | +8.6% | |
| Q4 2025 | -0.7% | -2.7% | -2.5% | |
| Q3 2024 | +3.3% | +1.7% | +8.8% | |
| Q2 2024 | -0.5% | +5.1% | -5.0% | |
| Q1 2024 | +2.4% | -0.6% | +1.0% | |
| Q4 2023 | -4.2% | -4.2% | -11.8% | |
| Q3 2023 | -2.9% | +1.7% | +10.8% | |
| Q2 2023 | +0.8% | +3.9% | -7.3% | |
| Q1 2023 | -1.4% | -2.6% | -4.6% | |
| Q4 2022 | -8.2% | -5.2% | -5.4% | |
| Q3 2022 | +7.0% | +14.0% | +17.4% | |
| Q2 2022 | -0.9% | — | — | |
| Q1 2022 | -5.1% | — | — | |
| Q4 2021 | +0.6% | — | — | |
| Q3 2021 | -5.3% | — | — | |
| Q2 2021 | +1.6% | — | — | |
| Q1 2021 | +0.0% | — | — | |
| Q4 2020 | -8.0% | — | — | |
| Q3 2020 | -10.1% | — | — | |
| Q2 2020 | +7.3% | — | — | |
| Q1 2020 | +15.3% | — | — | |
| Q4 2019 | -0.7% | — | — | |
| Q3 2019 | +1.4% | — | — | |
| Q2 2019 | -3.9% | — | — | |
| Q1 2019 | -1.1% | — | — | |
| Q4 2018 | +8.6% | — | — | |
| Q3 2018 | -7.4% | — | — | |
| Q2 2018 | -2.4% | — | — | |
| Q1 2018 | +5.3% | — | — | |
| Q4 2017 | +1.5% | — | — | |
| Q3 2017 | -3.6% | — | — | |
| Q2 2017 | +0.4% | — | — | |
| Q1 2017 | +4.3% | — | — | |
| Q4 2016 | +6.7% | — | — | |
| Q3 2016 | +1.2% | — | — | |
| Q2 2016 | +1.6% | — | — | |
| Q1 2014 | -0.6% | — | — | |
| Q2 2014 | -0.6% | — | — | |
| Q1 2016 | +3.7% | — | — | |
| Q4 2015 | -0.1% | — | — | |
| Q3 2015 | +4.0% | — | — | |
| Q2 2015 | +2.5% | — | — | |
| Q1 2015 | +1.0% | — | — | |
| Q4 2012 | +0.1% | — | — | |
| Q4 2014 | +1.5% | — | — | |
| Q3 2013 | -2.8% | — | — | |
| Q4 2013 | -2.8% | — | — | |
| Q3 2014 | +4.3% | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — |
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