Veritex Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Veritex Holdings has total assets of $13.0B and total equity of $1.6B. Total deposits are $11.0B, and total loans are $9.5B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $1.1B.
Key information
8.1x
Asset to equity ratio
3.5%
Net interest margin
| Total deposits | US$11.04b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.6% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$1.11b |
Recent financial health updates
No updates
Recent updates
Veritex Holdings (NASDAQ:VBTX) Has Affirmed Its Dividend Of $0.20
Jul 30
Veritex Holdings (NASDAQ:VBTX) Has Announced A Dividend Of $0.20
May 08Veritex Holdings: Radical Change Is Underway
Jan 30Veritex Holdings' (NASDAQ:VBTX) Dividend Will Be $0.20
Jan 27Veritex Holdings (NASDAQ:VBTX) Has Announced A Dividend Of $0.20
Jul 29Veritex Holdings (NASDAQ:VBTX) Is Paying Out A Dividend Of $0.20
Apr 29Veritex Holdings (NASDAQ:VBTX) Has Announced A Dividend Of $0.20
Jan 28Veritex Holdings (NASDAQ:VBTX) Has Announced A Dividend Of $0.20
Jul 30Veritex Non-GAAP EPS of $0.55 misses by $0.14, revenue of $94.86M misses by $3.48M
Jul 27Veritex expands SBA Lending department
Jul 18If EPS Growth Is Important To You, Veritex Holdings (NASDAQ:VBTX) Presents An Opportunity
Jul 18Here's Why We Think Veritex Holdings (NASDAQ:VBTX) Is Well Worth Watching
Apr 05Analysts Are Updating Their Veritex Holdings, Inc. (NASDAQ:VBTX) Estimates After Its Yearly Results
Jan 28Veritex Holdings (NASDAQ:VBTX) Is Increasing Its Dividend To US$0.20
Nov 01If You Like EPS Growth Then Check Out Veritex Holdings (NASDAQ:VBTX) Before It's Too Late
Oct 28Veritex Holdings: A Solid Bank For A Long-Term Buy And Hold Portfolio
Aug 19Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: VBTX's Assets to Equity ratio (8.1x) is low.
Allowance for Bad Loans: VBTX has a sufficient allowance for bad loans (201%).
Low Risk Liabilities: 97% of VBTX's liabilities are made up of primarily low risk sources of funding.
Loan Level: VBTX has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: VBTX's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: VBTX has an appropriate level of bad loans (0.6%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Veritex Holdings, Inc. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | D.A. Davidson & Co. |
| Gary Tenner | D.A. Davidson & Co. |
| Brett Rabatin | Hovde Group, LLC |