NASDAQ$VBTX
Veritex Holdings Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported improved credit quality, stabilized NIM, and continued repositioning of balance sheet.
Veritex Holdings reported Q2 2024 results with improved credit quality, stabilized NIM, and continued balance sheet repositioning. Total deposits grew by $71.0 million, and total loans grew by $70.3 million.
- Pre-tax, pre-provision operating return on average assets was 1.42%.
- Nonperforming assets decreased 17 bps to 0.65% of total assets.
- Net interest margin increased to 3.29%, a 5 bps improvement from the prior quarter.
- Common equity tier 1 capital grew 12 bps to 10.49%.
Headline financials
Revenue & EPS history
Veritex · Revenue · Quarterly
$107M
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 declared a quarterly cash dividend of $0.20 per share of outstanding common stock payable on August 23, 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports · overlaid with Q2 2024
+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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