Veritex Holdings Management
Management criteria checks 4/4
Veritex Holdings' CEO is Charles Holland, appointed in Jan 2009, has a tenure of 15.92 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 $6.37M. The average tenure of the management team and the board of directors is 10.9 years and 5.9 years respectively.
Key information
Charles Holland
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 32.7% |
| CEO tenure | 15.9yrs |
| CEO ownership | 0.4% |
| Management average tenure | 10.9yrs |
| Board average tenure | 5.9yrs |
Recent management 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 19CEO Compensation Analysis
| 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 below average for companies of similar size in the US market ($USD5.51M).
Compensation vs Earnings: Charles's compensation has been consistent with company performance over the past year.
CEO
Charles Holland (64 yo)
15.9yrs
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 |
|---|---|---|---|---|
| Chairman & CEO | 15.9yrs | US$2.44m | 0.42% $ 6.4m | |
| Senior EVP & CFO | 5.9yrs | US$1.19m | 0.22% $ 3.4m | |
| Senior EVP & COO | no data | US$762.29k | 0.078% $ 1.2m | |
| Senior EVP & Chief Risk Officer | 15.9yrs | US$697.57k | 0.089% $ 1.3m | |
| Senior EVP | less than a year | no data | no data | |
| Executive Assistant & Shareholder Relations | no data | no data | no data | |
| Senior EVP & General Counsel | no data | no data | 0.0011% $ 16.8k | |
| Senior EVP & Chief Talent Officer | no data | no data | 0.029% $ 434.7k | |
| Senior EVP & Chief Credit Officer | no data | no data | no data |
10.9yrs
Average Tenure
61yo
Average Age
Experienced Management: VBTX's management team is seasoned and experienced (10.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 15.9yrs | US$2.44m | 0.42% $ 6.4m | |
| Independent Director | 5.9yrs | US$130.30k | 0.58% $ 8.8m | |
| Independent Director | 7.6yrs | US$163.04k | 0.056% $ 840.5k | |
| Independent Director | 5.9yrs | US$144.30k | 0.065% $ 984.9k | |
| Independent Director | 13.8yrs | US$95.31k | 0.38% $ 5.8m | |
| Independent Director | 5.9yrs | US$132.92k | 0.32% $ 4.8m | |
| Independent Director | 15.9yrs | US$99.33k | 0.12% $ 1.8m | |
| Independent Director | 4.6yrs | US$107.02k | 0.23% $ 3.4m | |
| Lead Independent Director | 15.9yrs | US$129.64k | 0.25% $ 3.8m | |
| Independent Director | 4.6yrs | US$114.95k | 0.071% $ 1.1m | |
| Independent Director | 4.6yrs | US$130.30k | 0.030% $ 451.1k | |
| Independent Director | 4.6yrs | US$151.30k | 0.038% $ 575.0k |
5.9yrs
Average Tenure
64yo
Average Age
Experienced Board: VBTX's board of directors are considered experienced (5.9 years average tenure).
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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 |