NASDAQ$VBTX
Veritex Holdings Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Veritex reported an outstanding financial and growth quarter driven by strategic investments and talent hires.
Veritex Holdings, Inc. reported strong second-quarter results with a net income of $29.5 million, or $0.59 diluted earnings per share. The company experienced significant loan growth, record loan production, and an improving credit profile. Additionally, Veritex completed its investment in Thrive Mortgage and increased its quarterly dividend by 18%.
- Net income was $29.5 million, or $0.59 diluted earnings per share.
- Operating earnings were $30.0 million, or $0.60 diluted operating EPS.
- Total loans held for investment, excluding mortgage warehouse and PPP loans, grew by $308.6 million, or 20.7% annualized, from the first quarter of 2021.
- Total deposits grew by $74.3 million, or 4.3% annualized, from the first quarter of 2021.
Headline financials
Revenue & EPS history
Veritex · Revenue · Quarterly
$79.6M
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
No specific forward guidance was provided in the provided document.
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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