Veritex Holdings Company Profile (NASDAQ:VBTX)

About Veritex Holdings (NASDAQ:VBTX)

Veritex Holdings logoVeritex Holdings, Inc. is a bank holding company. The Company, through its subsidiary, Veritex Community Bank (the Bank), a Texas state chartered bank, provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals. It operates through community banking segment. The Bank provides a range of banking services to individual and corporate customers, which include commercial and retail lending, and the acceptance of checking and savings deposits. It offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as automated teller machines, and banking by telephone, mail and personal appointment. It also offers debit cards, direct deposit, cashier's checks and letters of credit, as well as treasury management services, including wire transfer services and automated clearinghouse services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: N/A
  • Symbol: NASDAQ:VBTX
  • CUSIP: N/A
  • Web: www.veritexbank.com
Capitalization:
  • Market Cap: $409.87 million
  • Outstanding Shares: 15,214,000
Average Prices:
  • 50 Day Moving Avg: $26.28
  • 200 Day Moving Avg: $26.60
  • 52 Week Range: $17.42 - $29.43
P/E:
  • Trailing P/E Ratio: 27.52
  • Foreward P/E Ratio: 16.13
  • P/E Growth: 2.55
Sales & Book Value:
  • Annual Revenue: $49.17 million
  • Price / Sales: 8.34
  • Book Value: $16.27 per share
  • Price / Book: 1.66
Profitability:
  • Net Margins: 22.61%
  • Return on Equity: 6.09%
  • Return on Assets: 0.93%
Debt:
  • Debt-to-Equity Ratio: 0.19%
  • Current Ratio: 1.06%
  • Quick Ratio: 1.06%
Misc:
  • Average Volume: 115,954 shs.
  • Beta: 1.66
  • Short Ratio: 15.53
 

Frequently Asked Questions for Veritex Holdings (NASDAQ:VBTX)

What is Veritex Holdings' stock symbol?

Veritex Holdings trades on the NASDAQ under the ticker symbol "VBTX."

How were Veritex Holdings' earnings last quarter?

Veritex Holdings, Inc. (NASDAQ:VBTX) announced its quarterly earnings results on Wednesday, July, 19th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. The business earned $14.14 million during the quarter, compared to the consensus estimate of $16.40 million. Veritex Holdings had a return on equity of 6.09% and a net margin of 22.61%. View Veritex Holdings' Earnings History.

When will Veritex Holdings make its next earnings announcement?

Veritex Holdings is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Veritex Holdings.

Where is Veritex Holdings' stock going? Where will Veritex Holdings' stock price be in 2017?

3 equities research analysts have issued 1 year target prices for Veritex Holdings' stock. Their forecasts range from $29.50 to $34.00. On average, they anticipate Veritex Holdings' stock price to reach $31.83 in the next twelve months. View Analyst Ratings for Veritex Holdings.

Who are some of Veritex Holdings' key competitors?

Who are Veritex Holdings' key executives?

Veritex Holdings' management team includes the folowing people:

  • C. Malcolm Holland III, Chairman of the Board, Chief Executive Officer
  • T.J. Falgout, Vice Chairman of the Board
  • Noreen E. Skelly, Chief Financial Officer, Executive Vice President
  • Jeff Kesler, Executive Vice President and Chief Lending Officer
  • Lavonda Renfro, Executive Vice President, Chief Retail Officer
  • Clay Riebe, Executive Vice President and Chief Credit Officer
  • Angela Harper, Executive Vice President, Chief Risk Officer
  • William C. Murphy, Vice Chairman of the Board
  • Thomas Mastor Mastor, Director
  • Pat S. Bolin, Independent Director

Who owns Veritex Holdings stock?

Veritex Holdings' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Northpointe Capital LLC (3.96%) and Quantitative Systematic Strategies LLC (0.06%). Company insiders that own Veritex Holdings stock include C Malcolm Holland III, Jeff Kesler, John Sughrue, Lavonda Renfro, Michael A Kowalski, Michael Clayton Riebe, Ned N Fleming III and Veritex Holdings LP Suntx. View Institutional Ownership Trends for Veritex Holdings.

Who bought Veritex Holdings stock? Who is buying Veritex Holdings stock?

Veritex Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Northpointe Capital LLC and Quantitative Systematic Strategies LLC. Company insiders that have bought Veritex Holdings stock in the last two years include C Malcolm Holland III, Jeff Kesler, John Sughrue, Michael A Kowalski and Michael Clayton Riebe. View Insider Buying and Selling for Veritex Holdings.

How do I buy Veritex Holdings stock?

Shares of Veritex Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Veritex Holdings' stock price today?

One share of Veritex Holdings stock can currently be purchased for approximately $26.94.


MarketBeat Community Rating for Veritex Holdings (NASDAQ VBTX)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  40 (Vote Outperform)
Underperform Votes:  45 (Vote Underperform)
Total Votes:  85
MarketBeat's community ratings are surveys of what our community members think about Veritex Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Veritex Holdings (NASDAQ:VBTX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $31.83 (18.16% upside)
Consensus Price Target History for Veritex Holdings (NASDAQ:VBTX)
Price Target History for Veritex Holdings (NASDAQ:VBTX)
Analysts' Ratings History for Veritex Holdings (NASDAQ:VBTX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/9/2017Piper Jaffray CompaniesReiterated RatingNeutral$29.00 -> $29.50MediumView Rating Details
8/8/2017StephensSet Price TargetBuy$32.00LowView Rating Details
3/21/2017DA DavidsonInitiated CoverageBuy$34.00LowView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Veritex Holdings (NASDAQ:VBTX)
Earnings by Quarter for Veritex Holdings (NASDAQ:VBTX)
Earnings History by Quarter for Veritex Holdings (NASDAQ VBTX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017Q3 2017$0.33N/AView Earnings Details
7/19/2017Q2 2017$0.22$0.23$16.40 million$14.14 millionViewN/AView Earnings Details
4/24/2017Q1 2017$0.22$0.20$12.40 million$12.79 millionViewN/AView Earnings Details
1/24/2017Q4 2016$0.28$0.27$12.34 millionViewN/AView Earnings Details
10/25/2016Q3$0.30$0.31$12.41 millionViewN/AView Earnings Details
7/26/2016Q2$0.27$0.29$11.64 millionViewN/AView Earnings Details
5/26/2016Q116$0.24$0.26$10.40 millionViewN/AView Earnings Details
4/26/2016Q1$0.24$0.26$11.06 millionViewN/AView Earnings Details
1/26/2016Q4$0.23$10.22 millionViewN/AView Earnings Details
10/27/2015Q315$0.20$0.23$9.50 million$9.66 millionViewN/AView Earnings Details
7/28/2015Q215$0.19$0.19$8.00 million$7.66 millionViewN/AView Earnings Details
4/29/2015Q115$0.17$0.19$7.62 millionViewN/AView Earnings Details
2/3/2015Q414$0.18$0.18$7.70 million$7.49 millionViewN/AView Earnings Details
11/4/2014Q314$0.21$7.33 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Veritex Holdings (NASDAQ:VBTX)
2017 EPS Consensus Estimate: $1.02
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.21$0.21$0.21
Q2 20171$0.24$0.24$0.24
Q3 20171$0.28$0.28$0.28
Q4 20171$0.29$0.29$0.29
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Veritex Holdings (NASDAQ:VBTX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Veritex Holdings (NASDAQ:VBTX)
Insider Ownership Percentage: 6.90%
Institutional Ownership Percentage: 52.17%
Insider Trades by Quarter for Veritex Holdings (NASDAQ:VBTX)
Institutional Ownership by Quarter for Veritex Holdings (NASDAQ:VBTX)
Insider Trades by Quarter for Veritex Holdings (NASDAQ:VBTX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/3/2017Ned N Fleming IIIInsiderSell66,997$26.90$1,802,219.30View SEC Filing  
10/2/2017Ned N Fleming IIIInsiderSell50,000$26.93$1,346,500.00View SEC Filing  
9/29/2017Ned N Fleming IIIInsiderSell66,200$26.81$1,774,822.00View SEC Filing  
9/28/2017Ned N Fleming IIIInsiderSell16,503$26.76$441,620.28View SEC Filing  
9/11/2017Michael Clayton RiebeInsiderBuy1,950$25.19$49,120.50View SEC Filing  
9/7/2017John SughrueDirectorBuy205$24.42$5,006.10View SEC Filing  
9/1/2017Ned N Fleming IIIInsiderSell300$26.80$8,040.00View SEC Filing  
8/29/2017Ned N Fleming IIIInsiderSell118,532$25.65$3,040,345.80View SEC Filing  
8/25/2017Ned N Fleming IIIInsiderSell26,334$26.07$686,527.38View SEC Filing  
8/24/2017Ned N Fleming IIIInsiderSell55,134$26.16$1,442,305.44View SEC Filing  
8/23/2017Ned N Fleming IIIDirectorSell19,800$26.12$517,176.00View SEC Filing  
12/6/2016Veritex Holdings L.P. SuntxMajor ShareholderSell387,838$19.75$7,659,800.50View SEC Filing  
12/5/2016Veritex Holdings L.P. SuntxMajor ShareholderSell5,698$19.98$113,846.04View SEC Filing  
12/2/2016Veritex Holdings L.P. SuntxMajor ShareholderSell22,602$19.89$449,553.78View SEC Filing  
12/1/2016Veritex Holdings L.P. SuntxMajor ShareholderSell4,976$20.03$99,669.28View SEC Filing  
11/30/2016Veritex Holdings L.P. SuntxMajor ShareholderSell2,481$19.89$49,347.09View SEC Filing  
11/28/2016Veritex Holdings L.P. SuntxMajor ShareholderSell8,200$20.13$165,066.00View SEC Filing  
11/25/2016Veritex Holdings L.P. SuntxMajor ShareholderSell3,394$20.34$69,033.96View SEC Filing  
11/23/2016Veritex Holdings L.P. SuntxMajor ShareholderSell11,360$20.31$230,721.60View SEC Filing  
11/22/2016Veritex Holdings L.P. SuntxMajor ShareholderSell6,837$20.30$138,791.10View SEC Filing  
11/21/2016Veritex Holdings L.P. SuntxMajor ShareholderSell2,991$20.20$60,418.20View SEC Filing  
11/18/2016Veritex Holdings L.P. SuntxMajor ShareholderSell7,798$20.45$159,469.10View SEC Filing  
11/17/2016Veritex Holdings L.P. SuntxMajor ShareholderSell8,000$20.16$161,280.00View SEC Filing  
11/16/2016Veritex Holdings L.P. SuntxMajor ShareholderSell9,029$20.04$180,941.16View SEC Filing  
11/15/2016Veritex Holdings L.P. SuntxMajor ShareholderSell2,496$19.99$49,895.04View SEC Filing  
11/14/2016Veritex Holdings L.P. SuntxMajor ShareholderSell12,119$20.91$253,408.29View SEC Filing  
11/4/2016Michael Clayton RiebeInsiderBuy1,000$17.82$17,820.00View SEC Filing  
10/27/2016Lavonda RenfroInsiderSell1,000$18.12$18,120.00View SEC Filing  
6/30/2016Veritex Holdings L.P. SuntxMajor ShareholderSell300,000$15.50$4,650,000.00View SEC Filing  
4/28/2016C Malcolm Holland IIICEOBuy3,250$14.86$48,295.00View SEC Filing  
2/9/2016Jeff KeslerInsiderBuy2,990$13.22$39,527.80View SEC Filing  
2/9/2016Michael A KowalskiDirectorBuy5,000$13.30$66,500.00View SEC Filing  
8/19/2015John SughrueDirectorBuy2,000$15.50$31,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Veritex Holdings (NASDAQ:VBTX)
Latest Headlines for Veritex Holdings (NASDAQ:VBTX)
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Chart

Veritex Holdings (VBTX) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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