Veritex Holdings Management

Management criteria checks 3/4

Veritex Holdings' CEO is Charles Holland, appointed in Jan 2009, has a tenure of 15.83 years. total yearly compensation is $2.44M, comprised of 32.7% salary and 67.3% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth €6.64M. The average tenure of the management team and the board of directors is 10.8 years and 5.8 years respectively.

Key information

Charles Holland

Chief executive officer

US$2.4m

Total compensation

CEO salary percentage	32.7%
CEO tenure	15.8yrs
CEO ownership	0.4%
Management average tenure	10.8yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Charles Holland's remuneration changed compared to Veritex Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$86m
Jun 30 2024	n/a	n/a	US$87m
Mar 31 2024	n/a	n/a	US$94m
Dec 31 2023	US$2m	US$800k	US$108m
Sep 30 2023	n/a	n/a	US$145m
Jun 30 2023	n/a	n/a	US$155m
Mar 31 2023	n/a	n/a	US$151m
Dec 31 2022	US$7m	US$800k	US$146m
Sep 30 2022	n/a	n/a	US$148m
Jun 30 2022	n/a	n/a	US$141m
Mar 31 2022	n/a	n/a	US$141m
Dec 31 2021	US$3m	US$725k	US$140m
Sep 30 2021	n/a	n/a	US$121m
Jun 30 2021	n/a	n/a	US$107m
Mar 31 2021	n/a	n/a	US$102m
Dec 31 2020	US$3m	US$725k	US$74m
Sep 30 2020	n/a	n/a	US$80m
Jun 30 2020	n/a	n/a	US$85m
Mar 31 2020	n/a	n/a	US$87m
Dec 31 2019	US$4m	US$600k	US$91m
Sep 30 2019	n/a	n/a	US$72m
Jun 30 2019	n/a	n/a	US$53m
Mar 31 2019	n/a	n/a	US$36m
Dec 31 2018	US$1m	US$460k	US$39m
Sep 30 2018	n/a	n/a	US$33m
Jun 30 2018	n/a	n/a	US$29m
Mar 31 2018	n/a	n/a	US$22m
Dec 31 2017	US$891k	US$375k	US$15m

Compensation vs Market: Charles's total compensation ($USD2.44M) is above average for companies of similar size in the German market ($USD1.65M).

Compensation vs Earnings: Charles's compensation has been consistent with company performance over the past year.

CEO

Charles Holland (64 yo)

15.8yrs

Tenure

US$2,444,395

Compensation

Mr. Charles Malcolm Holland, III, has been the Chairman and Chief Executive Officer at Veritex Holdings, Inc. since 2009 and served as its President since 2009. Mr. Holland is the Founder of Veritex Holdin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Charles Holland	Chairman & CEO	15.8yrs	US$2.44m	0.42% € 6.6m
Terry Earley	Senior EVP & CFO	5.8yrs	US$1.19m	0.22% € 3.5m
LaVonda Renfro	Senior EVP & COO	no data	US$762.29k	0.078% € 1.2m
Angela Harper	Senior EVP & Chief Risk Officer	15.8yrs	US$697.57k	0.089% € 1.4m
Dominic Karaba	Senior EVP	less than a year	no data	no data
Susan Caudle	Executive Assistant & Shareholder Relations	no data	no data	no data
Philip Donnelly	Senior EVP & General Counsel	no data	no data	0.0011% € 17.5k
Cara McDaniel	Senior EVP & Chief Talent Officer	no data	no data	0.029% € 452.7k
Curtis Anderson	Senior EVP & Chief Credit Officer	no data	no data	no data

10.8yrs

Average Tenure

61yo

Average Age

Experienced Management: 47Y's management team is seasoned and experienced (10.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Charles Holland	Chairman & CEO	15.8yrs	US$2.44m	0.42% € 6.6m
Manuel Mehos	Independent Director	5.8yrs	US$130.30k	0.58% € 9.1m
Gregory Morrison	Independent Director	7.5yrs	US$163.04k	0.056% € 875.3k
Steven Lerner	Independent Director	5.8yrs	US$144.30k	0.065% € 1.0m
Patrick Bolin	Independent Director	13.7yrs	US$95.31k	0.38% € 6.0m
William Ellis	Independent Director	5.8yrs	US$132.92k	0.83% € 13.1m
John Sughrue	Independent Director	15.8yrs	US$99.33k	0.12% € 1.8m
Blake Bozman	Independent Director	4.5yrs	US$107.02k	0.23% € 3.6m
Mark Griege	Lead Independent Director	15.8yrs	US$129.64k	0.25% € 3.9m
Gordon Huddleston	Independent Director	4.5yrs	US$114.95k	0.071% € 1.1m
April Box	Independent Director	4.5yrs	US$130.30k	0.030% € 469.8k
William Fallon	Independent Director	4.5yrs	US$151.30k	0.038% € 598.9k

5.8yrs

Average Tenure

64yo

Average Age

Experienced Board: 47Y's board of directors are considered experienced (5.8 years average tenure).

Veritex Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently sold €688k worth of stock

Veritex Holdings, Inc., Annual General Meeting, May 15, 2024

Independent Director recently bought €163k worth of stock

Independent Director recently bought €94k worth of stock

Independent Director recently bought €62k worth of stock

Independent Director recently bought €128k worth of stock

Recent updates

Independent Director recently sold €688k worth of stock

Third quarter dividend of US$0.20 announced

Veritex Holdings, Inc. Declares Cash Dividend on Common Stock, Payable on or After November 22, 2024

Third quarter 2024 earnings released: EPS: US$0.57 (vs US$0.60 in 3Q 2023)

Veritex Holdings, Inc. to Report Q3, 2024 Results on Oct 22, 2024

Second quarter dividend of US$0.20 announced

Second quarter 2024 earnings released: EPS: US$0.50 (vs US$0.62 in 2Q 2023)

Veritex Holdings, Inc. Declares quarterly Cash Dividend on Common Stock, Payable on or after August 23, 2024

Investor sentiment improves as stock rises 19%

Veritex Holdings, Inc. to Report Q2, 2024 Results on Jul 23, 2024

First quarter dividend of US$0.20 announced

First quarter 2024 earnings released: EPS: US$0.44 (vs US$0.71 in 1Q 2023)

Veritex Holdings, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on or After May 24, 2024

Veritex Holdings, Inc., Annual General Meeting, May 15, 2024

Veritex Holdings, Inc. (NasdaqGM:VBTX) announces an Equity Buyback for $50 million worth of its shares.

Full year 2023 earnings released: EPS: US$2.00 (vs US$2.75 in FY 2022)

Upcoming dividend of US$0.20 per share at 3.8% yield

Fourth quarter dividend of US$0.20 announced

Full year 2023 earnings released: EPS: US$2.00 (vs US$2.75 in FY 2022)

Veritex Holdings, Inc. Declares Quarterly Cash Dividend, Payable on or After February 23, 2024

Veritex Holdings, Inc. to Report Q4, 2023 Results on Jan 23, 2024

Upcoming dividend of US$0.20 per share at 4.6% yield

Third quarter 2023 earnings released: EPS: US$0.60 (vs US$0.80 in 3Q 2022)

Veritex Holdings, Inc. Declares Cash Dividend on Common Stock, Payable on or after November 24, 2023

Veritex Holdings, Inc. to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.20 per share at 3.7% yield

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.62 (vs US$0.55 in 2Q 2022)

Veritex Holdings, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on or After August 26, 2022

Veritex Holdings, Inc. to Report Q2, 2023 Results on Jul 25, 2023

Veritex Holdings, Inc.(NasdaqGM:VBTX) dropped from Russell 2000 Growth-Defensive Index

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$0.20 per share at 5.0% yield

First quarter 2023 earnings released: EPS: US$0.71 (vs US$0.66 in 1Q 2022)

Independent Director recently bought €163k worth of stock

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings released: EPS: US$2.75 (vs US$2.83 in FY 2021)

Independent Director recently bought €94k worth of stock

Upcoming dividend of US$0.20 per share at 2.8% yield

Full year 2022 earnings released: EPS: US$2.75 (vs US$2.83 in FY 2021)

Veritex Holdings, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on or After February 24, 2023

Independent Director recently bought €62k worth of stock

Upcoming dividend of US$0.20 per share

Third quarter 2022 earnings released: EPS: US$0.80 (vs US$0.74 in 3Q 2021)

Veritex Holdings, Inc. Reports Net Charge-Off for the Third Quarter Ended September 30, 2022

Veritex Holdings, Inc. Declares Cash Dividend, Payable on or After November 25, 2022

Veritex Holdings, Inc. to Report Q3, 2022 Results on Oct 25, 2022

Upcoming dividend of US$0.20 per share

Second quarter 2022 earnings released: EPS: US$0.55 (vs US$0.59 in 2Q 2021)

Veritex Holdings, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2022

Veritex Holdings, Inc. to Report Q2, 2022 Results on Jul 27, 2022

Independent Director recently bought €128k worth of stock

Upcoming dividend of US$0.20 per share

First quarter 2022 earnings released: EPS: US$0.66 (vs US$0.64 in 1Q 2021)

Veritex Community Bank Declares Cash Dividend on Common Stock, Payable on or After May 27, 2022

Veritex Holdings, Inc., Annual General Meeting, May 17, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.20 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Veritex Holdings, Inc. Reports Unaudited Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

Independent Director recently sold €2.7m worth of stock

Upcoming dividend of US$0.20 per share

Third quarter 2021 earnings released: EPS US$0.74 (vs US$0.46 in 3Q 2020)

Insider recently bought €454k worth of stock

Chairman recently sold €161k worth of stock

Second quarter 2021 earnings released: EPS US$0.59 (vs US$0.48 in 2Q 2020)

Independent Director recently sold €444k worth of stock

Insider recently sold €720k worth of stock

First quarter 2021 earnings released: EPS US$0.64 (vs US$0.081 in 1Q 2020)