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Veritex (VBTX) Financials

Veritex logo
$24.31 -0.35 (-1.42%)
Closing price 05/28/2025 04:00 PM Eastern
Extended Trading
$24.30 -0.01 (-0.04%)
As of 05/28/2025 04:10 PM Eastern
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Annual Income Statements for Veritex

Annual Income Statements for Veritex

This table shows Veritex's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders		 107 108 146 140 74 91 39 15 13 8.69 5.13
Consolidated Net Income / (Loss)		 107 108 146 140 74 91 39 15 13 8.79 5.21
Net Income / (Loss) Continuing Operations		 107 108 146 140 74 91 39 15 13 8.79 5.21
Total Pre-Tax Income 		139 144 187 176 88 116 50 28 19 13 7.91
Total Revenue		 426 418 417 339 313 315 126 76 47 35 28
Net Interest Income / (Expense)		 385 399 365 281 266 285 115 69 41 31 25
Total Interest Income		 757 727 449 316 322 379 145 80 47 35 28
Loans and Leases Interest Income		 651 648 400 281 287 341 134 74 45 34 27
Investment Securities Interest Income		 62 44 39 32 31 29 6.61 3.46 1.41 1.00 0.84
Deposits and Money Market Investments Interest Income		 40 28 6.28 0.59 1.22 5.54 3.15 2.29 0.50 0.24 0.18
Other Interest Income		 3.98 5.93 4.72 3.24 3.32 2.95 0.86 0.01 0.00 0.00 0.00
Total Interest Expense		 372 328 85 36 56 94 30 11 5.64 3.46 2.92
Deposits Interest Expense		 356 274 58 16 37 79 27 9.88 4.99 2.92 2.42
Long-Term Debt Interest Expense		 16 53 27 20 19 15 2.73 1.17 0.65 0.54 0.50
Total Non-Interest Income		 40 19 53 58 47 30 11 7.58 6.50 3.70 2.50
Other Service Charges		 39 33 37 33 27 27 5.95 4.07 3.20 1.68 1.38
Net Realized & Unrealized Capital Gains on Investments		 -0.62 -16 8.92 23 18 3.33 2.99 3.36 3.30 1.28 0.69
Other Non-Interest Income		 1.56 1.63 7.22 2.49 2.48 - 2.13 0.14 0.00 0.75 0.43
Provision for Credit Losses		 20 40 28 -4.83 66 22 6.60 5.11 2.05 0.87 1.42
Total Non-Interest Expense		 267 233 203 168 159 178 69 43 26 21 19
Salaries and Employee Benefits		 141 122 118 95 79 73 31 21 14 11 10
Net Occupancy & Equipment Expense		 40 38 33 27 26 25 14 7.84 4.83 4.69 4.29
Marketing Expense		 9.20 8.70 7.18 5.34 3.65 3.26 1.78 1.29 0.98 0.80 0.59
Other Operating Expenses		 67 55 34 30 40 27 14 9.18 5.21 3.85 2.88
Amortization Expense		 9.75 9.84 9.98 10 11 11 3.47 0.96 0.38 0.34 0.30
Restructuring Charge		 0.00 0.00 1.38 0.83 0.00 39 5.22 2.69 0.00 - -
Income Tax Expense		 32 36 40 37 14 25 11 13 6.47 4.12 2.71
Basic Earnings per Share		 $1.97 $2.00 $2.75 $2.83 $1.48 $1.71 $1.63 $0.82 $1.16 $0.86 $0.73
Weighted Average Basic Shares Outstanding		 54.47M 54.50M 54.16M 49.58M 49.42M 50.50M 24.17M 18.40M 10.85M 10.06M 6.99M
Diluted Earnings per Share		 $1.95 $1.98 $2.71 $2.77 $1.48 $1.68 $1.60 $0.80 $1.13 $0.84 $0.72
Weighted Average Diluted Shares Outstanding		 54.47M 54.50M 54.16M 49.58M 49.42M 50.50M 24.17M 18.40M 10.85M 10.06M 6.99M
Weighted Average Basic & Diluted Shares Outstanding		 54.47M 54.50M 54.16M 49.58M 49.42M 50.50M 24.17M 18.40M 10.85M 10.06M 6.99M

Quarterly Income Statements for Veritex

This table shows Veritex's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 29 25 31 27 24 3.50 33 34 38 40 43
Consolidated Net Income / (Loss)		 29 25 31 27 24 3.50 33 34 38 40 43
Net Income / (Loss) Continuing Operations		 29 25 31 27 24 3.50 33 34 38 40 43
Total Pre-Tax Income 		38 33 39 35 31 9.50 42 43 49 52 56
Total Revenue		 110 106 113 107 99 78 109 115 117 120 114
Net Interest Income / (Expense)		 95 96 100 96 93 96 99 101 103 106 101
Total Interest Income		 174 185 197 191 185 188 187 183 170 152 123
Loans and Leases Interest Income		 147 155 167 167 162 165 167 164 152 137 109
Investment Securities Interest Income		 17 17 16 15 14 12 11 10 11 11 10
Deposits and Money Market Investments Interest Income		 9.24 12 13 7.72 8.05 8.16 7.13 7.51 5.53 3.40 1.90
Other Interest Income		 0.87 0.94 1.00 1.14 0.90 1.72 1.69 1.12 1.41 1.09 1.67
Total Interest Expense		 78 89 97 95 92 92 88 82 66 46 22
Deposits Interest Expense		 75 85 93 90 87 86 76 61 51 33 17
Long-Term Debt Interest Expense		 2.85 3.46 3.16 4.58 4.51 5.68 12 21 15 14 5.37
Total Non-Interest Income		 14 10 13 11 6.66 -18 9.67 14 14 14 13
Other Service Charges		 10 8.54 12 8.93 9.94 7.02 7.84 8.08 10 11 10
Net Realized & Unrealized Capital Gains on Investments		 3.30 0.97 0.78 1.32 -3.69 -25 1.64 4.63 2.85 1.85 -0.47
Other Non-Interest Income		 0.70 0.55 0.27 0.33 0.41 0.23 0.20 0.98 0.22 1.59 3.36
Provision for Credit Losses		 5.30 1.90 4.00 8.25 5.96 8.00 7.72 14 11 11 7.50
Total Non-Interest Expense		 67 71 70 63 62 60 59 57 57 57 51
Salaries and Employee Benefits		 37 37 37 33 33 31 31 29 32 34 30
Net Occupancy & Equipment Expense		 10 10 10 9.68 9.53 9.24 9.42 9.54 9.69 9.31 8.12
Marketing Expense		 2.03 2.90 2.78 1.98 1.55 1.95 2.35 2.63 1.78 1.84 1.85
Other Operating Expenses		 16 18 17 16 15 16 14 14 11 10 8.43
Amortization Expense		 2.44 2.44 2.44 2.44 2.44 2.44 2.44 2.47 2.50 2.50 2.49
Income Tax Expense		 8.53 8.22 8.07 8.22 7.24 6.00 9.28 9.73 11 12 12
Basic Earnings per Share		 $0.53 $0.46 $0.57 $0.50 $0.44 $0.07 $0.60 $0.62 $0.71 $0.74 $0.80
Weighted Average Basic Shares Outstanding		 54.27M 54.47M 54.48M 54.39M 54.53M 54.50M 108.64M 108.61M 108.50M 54.16M 54.01M
Diluted Earnings per Share		 $0.53 $0.45 $0.56 $0.50 $0.44 $0.06 $0.60 $0.62 $0.70 $0.73 $0.79
Weighted Average Diluted Shares Outstanding		 54.27M 54.47M 54.48M 54.39M 54.53M 54.50M 108.64M 108.61M 108.50M 54.16M 54.01M
Weighted Average Basic & Diluted Shares Outstanding		 54.27M 54.47M 54.48M 54.39M 54.53M 54.50M 108.64M 108.61M 108.50M 54.16M 54.01M

Annual Cash Flow Statements for Veritex

This table details how cash moves in and out of Veritex's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents		 226 193 56 149 -21 167 -65 -100 163 -22 17
Net Cash From Operating Activities		 136 144 193 193 108 104 50 27 11 16 2.23
Net Cash From Continuing Operating Activities		 136 144 193 193 108 104 50 12 11 16 2.23
Net Income / (Loss) Continuing Operations		 107 108 146 140 74 91 39 0.00 13 8.79 5.21
Consolidated Net Income / (Loss)		 107 108 146 140 74 91 39 - 13 8.79 5.21
Provision For Loan Losses		 20 40 28 -4.83 66 22 6.60 5.11 2.05 0.87 1.42
Depreciation Expense		 20 19 19 16 16 16 7.08 2.84 1.70 1.42 1.34
Amortization Expense		 -7.34 -1.75 -0.34 -4.31 -13 -35 -6.20 -1.97 0.61 0.31 0.41
Non-Cash Adjustments to Reconcile Net Income		 -1.94 -15 6.63 35 -19 25 3.03 8.80 -5.32 5.10 -7.69
Changes in Operating Assets and Liabilities, net		 -1.34 -7.52 -6.31 12 -17 -14 0.54 -2.68 -0.73 -0.27 1.54
Net Cash From Investing Activities		 -181 -48 -2,399 -816 -875 -46 -400 -125 -203 -146 -117
Net Cash From Continuing Investing Activities		 -181 -48 -2,399 -816 -875 -46 -400 -125 -203 -146 -117
Purchase of Property, Leasehold Improvements and Equipment		 -13 -1.85 -4.62 -14 -2.86 -7.66 -5.01 -41 -4.27 -2.39 -3.67
Purchase of Investment Securities		 -1,680 -1,547 -2,664 -972 -2,075 -929 -1,197 -1,074 -547 -481 -427
Sale and/or Maturity of Investments		 1,512 1,501 269 169 1,204 883 802 968 348 325 314
Net Cash From Financing Activities		 270 96 2,263 772 746 109 285 12 356 108 131
Net Cash From Continuing Financing Activities		 270 96 2,263 772 746 109 285 12 356 108 131
Net Change in Deposits		 419 1,216 1,760 851 619 -196 344 18 251 132 65
Issuance of Debt		 0.00 48,817 35,050 0.00 123 75 0.11 10 9.97 0.11 25
Issuance of Common Equity		 0.00 0.00 154 0.00 0.00 - - 57 95 0.00 41
Repayment of Debt		 -100 -49,892 -34,653 -35 95 350 -58 -47 0.00 -16 0.00
Repurchase of Common Equity		 -3.54 0.00 0.00 -16 -57 -95 0.00 0.00 - - -
Payment of Dividends		 -44 -43 -42 -37 -34 -27 0.00 -0.23 0.00 -0.10 0.08
Other Financing Activities, Net		 -1.21 -1.38 -6.27 7.60 0.45 1.72 -1.04 -0.92 0.34 -0.20 0.00

Quarterly Cash Flow Statements for Veritex

This table details how cash moves in and out of Veritex's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -5.41 -246 449 -89 112 -84 49 -144 372 2.18 23
Net Cash From Operating Activities		 44 -6.63 57 41 44 6.02 40 64 35 43 50
Net Cash From Continuing Operating Activities		 44 -6.63 57 41 44 6.02 40 64 35 43 50
Net Income / (Loss) Continuing Operations		 29 25 31 27 24 3.50 33 34 38 40 43
Consolidated Net Income / (Loss)		 29 25 31 27 24 3.50 33 34 38 40 43
Provision For Loan Losses		 5.30 1.90 4.00 8.25 5.96 8.00 7.72 14 11 11 7.50
Depreciation Expense		 4.69 5.47 4.66 4.40 5.13 4.59 4.86 5.28 4.76 4.67 4.62
Amortization Expense		 -0.66 -2.53 -1.70 -3.04 -0.07 -1.51 -0.54 0.19 0.11 -0.33 0.30
Non-Cash Adjustments to Reconcile Net Income		 20 -35 9.90 1.30 22 0.97 -5.82 10 -20 -6.49 -0.61
Changes in Operating Assets and Liabilities, net		 -14 -1.15 9.59 3.18 -13 -9.52 0.91 0.24 0.86 -5.68 -4.98
Net Cash From Investing Activities		 135 54 90 -88 -237 -122 183 -42 -67 -429 -397
Net Cash From Continuing Investing Activities		 135 54 90 -88 -237 -122 183 -42 -67 -429 -397
Purchase of Property, Leasehold Improvements and Equipment		 -0.52 -0.47 -10 -1.13 -0.77 -0.84 -1.36 0.32 0.02 -1.39 -1.21
Purchase of Investment Securities		 -190 -921 -105 -269 -384 -875 -175 -198 -300 -477 -524
Sale and/or Maturity of Investments		 325 975 206 183 148 753 359 156 233 49 128
Net Cash From Financing Activities		 -184 -293 301 -43 305 32 -173 -166 404 387 370
Net Cash From Continuing Financing Activities		 -184 -293 301 -43 305 32 -173 -166 404 387 370
Net Change in Deposits		 -86 -282 312 72 317 143 963 199 -88 375 231
Repayment of Debt		 -75 - - - - -48,917 -1,125 - - -35,025 -
Repurchase of Common Equity		 -9.52 - -0.04 - - - - - - - -
Payment of Dividends		 -11 -11 -11 -11 -11 -11 -11 -11 -11 -11 -11
Other Financing Activities, Net		 -1.86 0.63 -0.26 -0.32 -1.26 0.02 -0.19 0.18 -1.39 -2.11 -1.00

Annual Balance Sheets for Veritex

This table presents Veritex's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Assets		 12,768 12,394 12,154 9,757 8,821 7,955 3,209 2,946 1,409 1,040 802
Cash and Due from Banks		 52 59 61 424 44 65 20 149 16 11 9.22
Interest Bearing Deposits at Other Banks		 803 570 376 336 186 186 65 - 219 61 84
Trading Account Securities		 1,501 1,279 1,302 102 1,070 1,012 263 242 110 80 49
Loans and Leases, Net of Allowance		 8,787 9,097 8,945 0.00 6,101 -30 2,536 2,221 0.00 0.00 0.00
Loans and Leases		 8,899 9,207 9,036 - 6,206 - 2,555 2,233 - - -
Allowance for Loan and Lease Losses		 112 110 91 - 105 30 19 13 - - -
Loans Held for Sale		 89 79 21 - 21 14 1.26 0.84 989 817 606
Premises and Equipment, Net		 113 106 109 109 115 119 78 75 17 17 11
Mortgage Servicing Rights		 605 378 446 - 578 184 - - - - -
Goodwill		 404 404 404 404 371 371 161 159 27 27 19
Intangible Assets		 29 42 53 66 62 72 16 20 2.18 2.41 1.26
Other Assets		 384 381 437 222 271 5,962 68 78 29 25 22
Total Liabilities & Shareholders' Equity		 12,768 12,394 12,154 9,757 8,821 7,955 3,209 2,946 1,409 1,040 802
Total Liabilities		 11,167 10,863 10,705 6,569 7,617 6,764 2,678 2,457 1,169 908 689
Non-Interest Bearing Deposits		 2,191 2,218 2,641 2,511 2,097 1,557 626 613 328 301 251
Interest Bearing Deposits		 8,561 8,120 6,483 3,276 4,416 4,338 1,996 1,666 792 567 388
Other Short-Term Payables		 184 195 178 - 62 - 5.41 5.10 2.91 1.78 1.58
Long-Term Debt		 231 330 1,404 778 1,040 826 45 88 46 36 48
Total Equity & Noncontrolling Interests		 1,601 1,531 1,450 1,315 1,203 1,191 531 489 239 132 113
Total Preferred & Common Equity		 1,601 1,531 1,450 1,315 1,203 1,191 531 489 239 132 113
Total Common Equity		 1,601 1,531 1,450 1,315 1,203 1,191 531 489 239 132 105
Common Stock		 1,329 1,318 1,307 1,143 1,127 1,118 450 446 211 116 98
Retained Earnings		 508 444 379 275 172 148 84 45 29 17 8.05
Treasury Stock		 -171 -168 -168 -168 -152 -95 -0.07 -0.07 -0.07 -0.07 -0.07
Accumulated Other Comprehensive Income / (Loss)		 -65 -63 -69 64 56 19 -2.93 -1.28 -1.25 -0.14 0.17

Quarterly Balance Sheets for Veritex

This table presents Veritex's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 12,606 13,043 12,684 12,708 12,346 12,470 12,609 11,714
Cash and Due from Banks		 81 54 53 42 54 53 866 52
Interest Bearing Deposits at Other Banks		 769 1,047 598 699 660 611 751 382
Trading Account Securities		 1,484 1,446 1,371 1,367 1,081 1,165 987 1,323
Loans and Leases, Net of Allowance		 8,717 8,911 9,096 9,138 9,128 9,155 -99 8,428
Loans and Leases		 8,829 9,029 9,209 9,250 9,237 9,257 - 8,513
Allowance for Loan and Lease Losses		 112 117 113 112 110 102 99 85
Loans Held for Sale		 69 48 57 65 41 30 43 18
Premises and Equipment, Net		 113 114 105 105 106 106 108 109
Mortgage Servicing Rights		 572 631 568 450 391 436 - 524
Goodwill		 404 404 404 404 404 404 404 404
Intangible Assets		 28 33 36 39 44 48 51 56
Other Assets		 370 354 395 401 437 462 332 418
Total Liabilities & Shareholders' Equity		 12,606 13,043 12,684 12,708 12,346 12,470 12,609 11,714
Total Liabilities		 10,973 11,435 11,136 11,170 10,855 10,979 10,510 10,303
Non-Interest Bearing Deposits		 2,319 2,644 2,417 2,349 2,363 2,234 2,212 2,811
Interest Bearing Deposits		 8,346 8,392 8,308 8,305 7,833 7,000 6,389 5,937
Other Short-Term Payables		 152 168 181 186 229 191 - 173
Long-Term Debt		 156 231 230 330 430 1,554 1,909 1,379
Total Equity & Noncontrolling Interests		 1,633 1,608 1,549 1,539 1,491 1,491 1,494 1,412
Total Preferred & Common Equity		 1,633 1,608 1,549 1,539 1,491 1,491 1,494 1,412
Total Common Equity		 1,633 1,608 1,549 1,539 1,491 1,491 1,494 1,412
Common Stock		 1,330 1,326 1,323 1,320 1,315 1,312 1,309 1,304
Retained Earnings		 526 494 474 457 452 430 407 350
Treasury Stock		 -181 -171 -171 -168 -168 -168 -168 -168
Accumulated Other Comprehensive Income / (Loss)		 -42 -40 -77 -71 -108 -83 -55 -74

Annual Metrics And Ratios for Veritex

This table displays calculated financial ratios and metrics derived from Veritex's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 1.78% 0.18% 23.08% 8.32% -0.65% 149.94% 65.74% 60.32% 34.97% 26.32% 18.79%
EBITDA Growth		 -6.62% -20.95% 9.18% 105.49% -5.93% 90.01% 75.94% 36.19% 45.79% 51.41% 36.39%
EBIT Growth		 -3.67% -22.69% 5.86% 100.15% -23.97% 130.63% 78.27% 48.18% 47.35% 63.17% 52.56%
NOPAT Growth		 -0.94% -26.01% 4.82% 88.93% -18.58% 130.65% 159.64% 20.72% 42.79% 68.88% 52.73%
Net Income Growth		 -0.94% -26.01% 4.82% 88.93% -18.58% 130.65% 159.64% 20.72% 42.79% 68.88% 52.73%
EPS Growth		 -1.52% -26.94% -2.17% 87.16% -11.90% 5.00% 100.00% -29.20% 34.52% 16.67% 26.32%
Operating Cash Flow Growth		 -5.35% -25.24% -0.40% 79.74% 3.55% 106.32% 88.99% 145.51% -32.99% 625.79% -58.64%
Free Cash Flow Firm Growth		 -87.60% -12.85% 179.71% -918.19% 88.48% -2,521.34% 119.15% -179.03% -6,390.60% 102.48% 22.16%
Invested Capital Growth		 -1.57% -34.78% -28.13% 76.76% 11.38% 250.50% -2.78% 107.33% 69.38% 4.42% 80.70%
Revenue Q/Q Growth		 7.16% -9.26% 7.06% 1.74% 3.33% 16.52% 3.50% 26.01% 4.69% 8.42% 0.00%
EBITDA Q/Q Growth		 18.35% -21.18% 0.61% 10.98% 6.23% 20.64% 10.86% 16.54% 4.92% 9.80% 0.00%
EBIT Q/Q Growth		 20.45% -22.66% -0.22% 10.11% -1.35% 25.86% 6.19% 25.15% 5.22% 12.10% 0.00%
NOPAT Q/Q Growth		 24.91% -25.16% -1.09% 15.47% -7.80% 26.88% 20.04% 0.44% 5.17% 11.17% 0.00%
Net Income Q/Q Growth		 24.91% -25.16% -1.09% 15.47% -7.80% 26.88% 20.04% 0.44% 5.17% 11.17% 0.00%
EPS Q/Q Growth		 25.00% -25.28% -2.87% 14.46% -5.73% 9.80% 21.21% -15.79% 3.67% 6.33% 0.00%
Operating Cash Flow Q/Q Growth		 -8.49% -20.57% 26.10% -5.06% -12.01% 19.43% 2.49% 42.70% 6.00% 31.17% -44.99%
Free Cash Flow Firm Q/Q Growth		 -18.73% 8.25% 497.28% -876.04% 47.54% 0.33% 176.02% 1.92% -712.40% 0.00% 0.00%
Invested Capital Q/Q Growth		 -0.37% -3.10% 2.17% 70.62% -6.81% -0.83% -5.21% 18.16% 51.15% 2.72% 0.00%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 35.55% 38.74% 49.10% 55.35% 29.17% 30.81% 40.53% 38.18% 44.95% 41.61% 34.71%
EBIT Margin		 32.65% 34.50% 44.71% 51.98% 28.13% 36.76% 39.84% 37.04% 40.07% 36.71% 28.42%
Profit (Net Income) Margin		 25.19% 25.89% 35.05% 41.15% 23.59% 28.79% 31.20% 19.91% 26.45% 25.00% 18.70%
Tax Burden Percent		 77.16% 75.03% 78.40% 79.17% 83.88% 78.32% 78.31% 53.77% 66.00% 68.10% 65.80%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 22.84% 24.97% 21.60% 20.83% 16.12% 21.68% 21.69% 46.23% 34.00% 31.90% 34.20%
Return on Invested Capital (ROIC)		 5.81% 4.59% 4.29% 4.49% 3.47% 7.00% 6.74% 3.45% 5.53% 5.33% 4.15%
ROIC Less NNEP Spread (ROIC-NNEP)		 5.81% 4.59% 4.29% 4.49% 3.47% 7.00% 6.74% 3.45% 5.53% 5.33% 4.15%
Return on Net Nonoperating Assets (RNNOA)		 1.04% 2.67% 6.30% 6.59% 2.71% 3.54% 0.98% 0.71% 1.23% 1.84% 1.65%
Return on Equity (ROE)		 6.85% 7.26% 10.58% 11.08% 6.17% 10.54% 7.72% 4.16% 6.76% 7.17% 5.80%
Cash Return on Invested Capital (CROIC)		 7.39% 46.69% 37.02% -50.98% -7.30% -104.21% 9.56% -66.39% -45.98% 1.01% -53.35%
Operating Return on Assets (OROA)		 1.10% 1.18% 1.70% 1.90% 1.05% 2.08% 1.63% 1.29% 1.55% 1.40% 1.08%
Return on Assets (ROA)		 0.85% 0.88% 1.34% 1.50% 0.88% 1.63% 1.28% 0.70% 1.03% 0.95% 0.71%
Return on Common Equity (ROCE)		 6.85% 7.26% 10.58% 11.08% 6.17% 10.54% 7.72% 4.16% 6.76% 6.93% 5.28%
Return on Equity Simple (ROE_SIMPLE)		 6.70% 7.07% 10.09% 10.61% 6.14% 7.62% 7.41% 3.10% 5.25% 6.66% 4.59%
Net Operating Profit after Tax (NOPAT)		 107 108 146 140 74 91 39 15 13 8.79 5.21
NOPAT Margin		 25.19% 25.89% 35.05% 41.15% 23.59% 28.79% 31.20% 19.91% 26.45% 25.00% 18.70%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 44.59% 40.33% 37.79% 37.53% 34.71% 31.98% 36.97% 39.37% 42.44% 47.66% 53.57%
Operating Expenses to Revenue		 62.62% 55.82% 48.64% 49.45% 50.90% 56.41% 54.92% 56.24% 55.61% 60.83% 66.47%
Earnings before Interest and Taxes (EBIT)		 139 144 187 176 88 116 50 28 19 13 7.91
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 151 162 205 188 91 97 51 29 21 15 9.66
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.92 0.79 0.96 1.35 0.94 1.09 0.82 1.07 1.01 1.10 1.07
Price to Tangible Book Value (P/TBV)		 1.26 1.12 1.41 2.10 1.47 1.73 1.23 1.70 1.15 1.42 1.33
Price to Revenue (P/Rev)		 3.45 2.89 3.34 5.24 3.61 4.11 3.45 6.89 5.08 4.15 4.04
Price to Earnings (P/E)		 13.70 11.18 9.54 12.73 15.29 14.27 11.05 34.72 19.20 16.77 21.97
Dividend Yield		 2.97% 3.59% 3.87% 2.05% 2.99% 2.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 7.30% 8.94% 10.48% 7.86% 6.54% 7.01% 9.05% 2.88% 5.21% 5.96% 4.55%
Enterprise Value to Invested Capital (EV/IC)		 0.46 0.49 0.83 0.45 0.86 0.93 0.69 0.81 0.18 0.66 0.47
Enterprise Value to Revenue (EV/Rev)		 1.98 2.18 5.66 5.30 6.20 5.93 3.13 6.29 1.11 3.15 2.71
Enterprise Value to EBITDA (EV/EBITDA)		 5.58 5.62 11.53 9.58 21.25 19.24 7.73 16.47 2.46 7.56 7.80
Enterprise Value to EBIT (EV/EBIT)		 6.07 6.32 12.66 10.20 22.04 16.13 7.86 16.98 2.76 8.57 9.53
Enterprise Value to NOPAT (EV/NOPAT)		 7.87 8.42 16.15 12.89 26.28 20.59 10.04 31.57 4.19 12.59 14.49
Enterprise Value to Operating Cash Flow (EV/OCF)		 6.19 6.32 12.26 9.30 18.04 17.98 7.84 17.94 4.84 6.83 33.77
Enterprise Value to Free Cash Flow (EV/FCFF)		 6.18 0.83 1.87 0.00 0.00 0.00 7.08 0.00 0.00 66.70 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.14 0.22 0.97 0.59 0.87 0.69 0.08 0.21 0.19 0.28 0.42
Long-Term Debt to Equity		 0.14 0.22 0.97 0.59 0.86 0.69 0.08 0.18 0.19 0.28 0.42
Financial Leverage		 0.18 0.58 1.47 1.47 0.78 0.51 0.14 0.20 0.22 0.34 0.40
Leverage Ratio		 8.03 8.23 7.93 7.38 7.01 6.49 6.04 5.98 6.60 7.51 8.17
Compound Leverage Factor		 8.03 8.23 7.93 7.38 7.01 6.49 6.04 5.98 6.60 7.51 8.17
Debt to Total Capital		 12.60% 17.72% 49.19% 37.28% 46.42% 40.95% 7.77% 17.38% 16.24% 21.64% 29.79%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.19% 0.10% 0.00% 0.00% 2.53% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 12.60% 17.72% 49.19% 37.08% 46.32% 40.95% 7.77% 14.85% 16.24% 21.64% 29.79%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.96%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 87.40% 82.28% 50.81% 62.72% 53.58% 59.05% 92.23% 82.62% 83.76% 78.36% 65.25%
Debt to EBITDA		 1.53 2.04 6.85 4.16 11.41 8.50 0.87 3.54 2.17 2.49 4.98
Net Debt to EBITDA		 -4.13 -1.85 4.72 0.12 8.89 5.91 -0.78 -1.59 -8.84 -2.40 -4.68
Long-Term Debt to EBITDA		 1.53 2.04 6.85 4.14 11.39 8.50 0.87 3.02 2.17 2.49 4.98
Debt to NOPAT		 2.15 3.05 9.59 5.60 14.11 9.10 1.14 6.79 3.69 4.15 9.24
Net Debt to NOPAT		 -5.82 -2.76 6.61 0.16 10.99 6.33 -1.01 -3.05 -15.01 -4.00 -8.68
Long-Term Debt to NOPAT		 2.15 3.05 9.59 5.57 14.08 9.10 1.14 5.80 3.69 4.15 9.24
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.26% 8.91%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 137 1,101 1,263 -1,585 -156 -1,351 56 -291 -104 1.66 -67
Operating Cash Flow to CapEx		 1,086.34% 7,771.68% 4,171.56% 1,425.35% 3,758.73% 20,586.14% 1,005.15% 65.72% 254.09% 994.29% 60.88%
Free Cash Flow to Firm to Interest Expense		 0.37 3.36 14.90 -44.38 -2.78 -14.41 1.86 -26.37 -18.50 0.48 -22.91
Operating Cash Flow to Interest Expense		 0.37 0.44 2.27 5.42 1.92 1.11 1.68 2.41 1.93 4.68 0.77
Operating Cash Flow Less CapEx to Interest Expense		 0.33 0.43 2.22 5.04 1.87 1.10 1.51 -1.26 1.17 4.21 -0.49
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.03 0.04 0.04 0.04 0.06 0.04 0.03 0.04 0.04 0.04
Fixed Asset Turnover		 3.88 3.90 3.83 3.02 2.68 3.20 1.64 1.64 2.72 2.46 2.64
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,832 1,861 2,854 3,970 2,246 2,017 575 592 285 169 161
Invested Capital Turnover		 0.23 0.18 0.12 0.11 0.15 0.24 0.22 0.17 0.21 0.21 0.22
Increase / (Decrease) in Invested Capital		 -29 -992 -1,117 1,724 230 1,441 -16 306 117 7.13 72
Enterprise Value (EV)		 844 911 2,364 1,799 1,941 1,869 395 478 53 111 75
Market Capitalization		 1,469 1,211 1,396 1,777 1,130 1,294 435 525 241 146 113
Book Value per Share		 $29.39 $28.19 $26.85 $26.68 $24.23 $22.94 $21.90 $21.59 $22.25 $12.33 $11.13
Tangible Book Value per Share		 $21.44 $19.98 $18.37 $17.15 $15.52 $14.41 $14.58 $13.64 $19.54 $9.59 $8.97
Total Capital		 1,832 1,861 2,854 2,097 2,246 2,017 575 592 285 169 161
Total Debt		 231 330 1,404 782 1,043 826 45 103 46 36 48
Total Long-Term Debt		 231 330 1,404 778 1,040 826 45 88 46 36 48
Net Debt		 -624 -299 968 22 812 574 -40 -46 -188 -35 -45
Capital Expenditures (CapEx)		 13 1.85 4.62 14 2.86 0.51 5.01 41 4.27 1.63 3.67
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 231 330 1,404 2,655 1,043 826 45 103 46 36 48
Total Depreciation and Amortization (D&A)		 12 18 18 11 3.27 -19 0.87 0.87 2.31 1.72 1.75
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.97 $2.00 $2.75 $2.83 $1.48 $1.71 $1.63 $0.82 $1.16 $0.86 $0.73
Adjusted Weighted Average Basic Shares Outstanding		 54.47M 54.50M 54.16M 49.58M 49.42M 50.50M 54.54M 24.13M 15.22M 10.72M 9.48M
Adjusted Diluted Earnings per Share		 $1.95 $1.98 $2.71 $2.77 $1.48 $1.68 $1.60 $0.80 $1.13 $0.84 $0.72
Adjusted Weighted Average Diluted Shares Outstanding		 54.47M 54.50M 54.16M 49.58M 49.42M 50.50M 54.54M 24.13M 15.22M 10.72M 9.48M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $1.71 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 54.47M 54.50M 54.16M 49.58M 49.42M 50.50M 54.54M 24.13M 15.22M 10.72M 9.48M
Normalized Net Operating Profit after Tax (NOPAT)		 107 108 147 140 74 121 43 17 13 8.79 5.21
Normalized NOPAT Margin		 25.19% 25.89% 35.31% 41.35% 23.59% 38.47% 34.44% 21.82% 26.45% 25.00% 18.70%
Pre Tax Income Margin		 32.65% 34.50% 44.71% 51.98% 28.13% 36.76% 39.84% 37.04% 40.07% 36.71% 28.42%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.37 0.44 2.20 4.94 1.57 1.24 1.67 2.55 3.37 3.73 2.71
NOPAT to Interest Expense		 0.29 0.33 1.73 3.91 1.32 0.97 1.31 1.37 2.23 2.54 1.78
EBIT Less CapEx to Interest Expense		 0.34 0.43 2.15 4.56 1.52 1.23 1.51 -1.12 2.61 3.26 1.45
NOPAT Less CapEx to Interest Expense		 0.25 0.32 1.67 3.53 1.27 0.96 1.14 -2.30 1.47 2.07 0.53
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 40.64% 40.01% 28.90% 26.18% 46.10% 29.53% 0.00% 1.50% 0.00% 1.11% -1.54%
Augmented Payout Ratio		 43.94% 40.01% 28.90% 37.29% 123.88% 133.71% 0.00% 1.50% 0.00% 1.11% -1.54%

Quarterly Metrics And Ratios for Veritex

This table displays calculated financial ratios and metrics derived from Veritex's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 10.32% 36.60% 3.79% -6.73% -14.93% -35.44% -4.41% 20.73% 32.66% 29.64% 31.25%
EBITDA Growth		 14.21% 186.53% -9.07% -24.82% -32.88% -77.59% -23.58% 13.22% 20.27% 2.27% 22.46%
EBIT Growth		 19.76% 248.35% -6.77% -18.48% -36.48% -81.65% -24.59% 15.25% 18.89% -0.80% 20.73%
NOPAT Growth		 20.34% 611.12% -4.97% -19.35% -37.11% -91.23% -24.70% 13.85% 14.76% -3.88% 17.61%
Net Income Growth		 20.34% 611.12% -4.97% -19.35% -37.11% -91.23% -24.70% 13.85% 14.76% -3.88% 17.61%
EPS Growth		 20.45% 650.00% -6.67% -19.35% -37.14% -91.78% -24.05% 14.81% 7.69% -9.88% 8.22%
Operating Cash Flow Growth		 -1.56% -210.15% 44.52% -35.26% 28.17% -86.11% -20.73% 105.58% -49.37% 1,158.36% 17.01%
Free Cash Flow Firm Growth		 -95.00% -94.56% -87.49% 468.79% 243.18% -13.89% 314.13% -10.94% -920.97% 168.74% -451.69%
Invested Capital Growth		 -4.24% -1.57% -4.28% -41.59% -53.38% -34.78% -31.23% 14.45% 63.03% -28.13% 20.02%
Revenue Q/Q Growth		 3.33% -6.16% 5.95% 7.39% 27.95% -28.70% -4.79% -2.05% -2.91% 5.58% 20.24%
EBITDA Q/Q Growth		 15.48% -14.25% 14.29% 0.91% 189.74% -72.79% -5.51% -9.90% -3.25% -7.21% 39.99%
EBIT Q/Q Growth		 13.57% -15.27% 10.29% 12.84% 230.35% -77.32% -3.57% -12.08% -4.56% -6.81% 47.38%
NOPAT Q/Q Growth		 16.83% -19.74% 13.97% 12.61% 590.37% -89.27% -3.29% -12.19% -3.72% -7.91% 46.23%
Net Income Q/Q Growth		 16.83% -19.74% 13.97% 12.61% 590.37% -89.27% -3.29% -12.19% -3.72% -7.91% 46.23%
EPS Q/Q Growth		 17.78% -19.64% 12.00% 13.64% 633.33% -90.00% -3.23% -11.43% -4.11% -7.59% 46.30%
Operating Cash Flow Q/Q Growth		 757.27% -111.54% 39.13% -6.73% 635.49% -84.86% -37.67% 84.66% -20.30% -13.58% 61.64%
Free Cash Flow Firm Q/Q Growth		 99.75% -52.11% -91.26% -40.20% 117.26% 10.08% 357.88% 76.79% -230.67% 373.73% -33.61%
Invested Capital Q/Q Growth		 -2.32% -0.37% 3.35% -4.80% 0.40% -3.10% -36.93% -24.02% 40.46% 2.17% 4.95%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 37.93% 33.94% 37.14% 34.43% 36.64% 16.18% 42.39% 42.72% 46.44% 46.60% 53.03%
EBIT Margin		 34.26% 31.17% 34.52% 33.16% 31.56% 12.22% 38.43% 37.94% 42.27% 43.00% 48.72%
Profit (Net Income) Margin		 26.49% 23.43% 27.39% 25.47% 24.29% 4.50% 29.92% 29.45% 32.85% 33.13% 37.98%
Tax Burden Percent		 77.32% 75.16% 79.35% 76.79% 76.95% 36.82% 77.85% 77.62% 77.72% 77.04% 77.96%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 22.68% 24.84% 20.65% 23.21% 23.05% 63.18% 22.15% 22.38% 22.28% 22.96% 22.04%
Return on Invested Capital (ROIC)		 6.31% 5.40% 5.79% 4.15% 3.31% 0.80% 5.85% 4.81% 4.53% 4.05% 5.79%
ROIC Less NNEP Spread (ROIC-NNEP)		 6.31% 5.40% 5.79% 4.15% 3.31% 0.80% 5.85% 4.81% 4.53% 4.05% 5.79%
Return on Net Nonoperating Assets (RNNOA)		 0.97% 0.97% 1.23% 2.44% 3.11% 0.46% 3.65% 4.59% 5.43% 5.95% 5.20%
Return on Equity (ROE)		 7.28% 6.37% 7.02% 6.59% 6.42% 1.26% 9.50% 9.40% 9.97% 10.01% 10.99%
Cash Return on Invested Capital (CROIC)		 10.46% 7.39% 8.94% 56.14% 76.02% 46.69% 43.14% -8.03% -43.25% 37.02% -12.42%
Operating Return on Assets (OROA)		 1.18% 1.05% 1.08% 1.04% 1.00% 0.42% 1.47% 1.49% 1.64% 1.64% 1.79%
Return on Assets (ROA)		 0.91% 0.79% 0.86% 0.80% 0.77% 0.15% 1.15% 1.15% 1.27% 1.26% 1.39%
Return on Common Equity (ROCE)		 7.28% 6.37% 7.02% 6.59% 6.42% 1.26% 9.50% 9.40% 9.97% 10.01% 10.99%
Return on Equity Simple (ROE_SIMPLE)		 6.87% 0.00% 5.34% 5.65% 6.11% 0.00% 9.70% 10.42% 10.13% 0.00% 10.48%
Net Operating Profit after Tax (NOPAT)		 29 25 31 27 24 3.50 33 34 38 40 43
NOPAT Margin		 26.49% 23.43% 27.39% 25.47% 24.29% 4.50% 29.92% 29.45% 32.85% 33.13% 37.98%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 44.39% 47.76% 44.37% 41.61% 44.68% 53.76% 39.18% 35.64% 37.07% 37.24% 34.79%
Operating Expenses to Revenue		 60.91% 67.04% 61.94% 59.11% 62.45% 77.49% 54.49% 49.94% 48.42% 47.63% 44.71%
Earnings before Interest and Taxes (EBIT)		 38 33 39 35 31 9.50 42 43 49 52 56
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 42 36 42 37 36 13 46 49 54 56 60
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.83 0.92 0.88 0.74 0.71 0.79 0.62 0.62 0.62 0.96 0.94
Price to Tangible Book Value (P/TBV)		 1.13 1.26 1.21 1.03 1.00 1.12 0.89 0.89 0.90 1.41 1.39
Price to Revenue (P/Rev)		 3.12 3.45 3.58 2.90 2.73 2.89 2.02 1.99 2.08 3.34 3.39
Price to Earnings (P/E)		 12.13 13.70 16.56 13.03 11.62 11.18 6.43 5.96 6.15 9.54 8.94
Dividend Yield		 3.20% 2.97% 3.06% 3.83% 3.98% 3.59% 5.84% 5.86% 5.82% 3.87% 3.26%
Earnings Yield		 8.25% 7.30% 6.04% 7.68% 8.61% 8.94% 15.55% 16.78% 16.27% 10.48% 11.18%
Enterprise Value to Invested Capital (EV/IC)		 0.37 0.46 0.30 0.40 0.36 0.49 0.34 0.60 0.30 0.83 0.81
Enterprise Value to Revenue (EV/Rev)		 1.53 1.98 1.39 1.83 1.70 2.18 1.40 3.90 2.74 5.66 5.82
Enterprise Value to EBITDA (EV/EBITDA)		 4.26 5.58 4.31 5.44 4.73 5.62 3.15 8.26 5.71 11.53 11.14
Enterprise Value to EBIT (EV/EBIT)		 4.59 6.07 4.78 6.07 5.40 6.32 3.47 9.07 6.28 12.66 12.14
Enterprise Value to NOPAT (EV/NOPAT)		 5.94 7.87 6.42 8.21 7.25 8.42 4.47 11.69 8.08 16.15 15.35
Enterprise Value to Operating Cash Flow (EV/OCF)		 4.91 6.19 3.70 5.47 4.43 6.32 3.56 9.47 7.68 12.26 14.85
Enterprise Value to Free Cash Flow (EV/FCFF)		 3.48 6.18 3.28 0.53 0.31 0.83 0.64 0.00 0.00 1.87 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.10 0.14 0.14 0.15 0.21 0.22 0.29 1.04 1.28 0.97 0.98
Long-Term Debt to Equity		 0.10 0.14 0.14 0.15 0.21 0.22 0.29 1.04 1.28 0.97 0.98
Financial Leverage		 0.15 0.18 0.21 0.59 0.94 0.58 0.62 0.95 1.20 1.47 0.90
Leverage Ratio		 7.98 8.03 8.19 8.27 8.35 8.23 8.29 8.14 7.84 7.93 7.90
Compound Leverage Factor		 7.98 8.03 8.19 8.27 8.35 8.23 8.29 8.14 7.84 7.93 7.90
Debt to Total Capital		 8.71% 12.60% 12.54% 12.95% 17.66% 17.72% 22.36% 51.03% 56.10% 49.19% 49.45%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09%
Long-Term Debt to Total Capital		 8.71% 12.60% 12.54% 12.95% 17.66% 17.72% 22.36% 51.03% 56.10% 49.19% 49.36%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 91.29% 87.40% 87.46% 87.05% 82.34% 82.28% 77.64% 48.97% 43.90% 50.81% 50.55%
Debt to EBITDA		 1.00 1.53 1.80 1.74 2.29 2.04 2.09 7.07 8.92 6.85 6.78
Net Debt to EBITDA		 -4.43 -4.13 -6.81 -3.19 -2.85 -1.85 -1.38 4.05 1.36 4.72 4.65
Long-Term Debt to EBITDA		 1.00 1.53 1.80 1.74 2.29 2.04 2.09 7.07 8.92 6.85 6.77
Debt to NOPAT		 1.39 2.15 2.69 2.63 3.51 3.05 2.97 10.00 12.62 9.59 9.34
Net Debt to NOPAT		 -6.19 -5.82 -10.14 -4.82 -4.37 -2.76 -1.96 5.73 1.93 6.61 6.40
Long-Term Debt to NOPAT		 1.39 2.15 2.69 2.63 3.51 3.05 2.97 10.00 12.62 9.59 9.32
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 108 54 113 1,294 2,164 996 905 -351 -1,511 1,157 -423
Operating Cash Flow to CapEx		 8,348.08% -1,416.67% 563.89% 3,654.07% 5,764.19% 720.84% 2,931.49% 0.00% 0.00% 3,120.09% 4,161.58%
Free Cash Flow to Firm to Interest Expense		 1.38 0.61 1.17 13.62 23.58 10.82 10.31 -4.29 -22.81 25.08 -19.05
Operating Cash Flow to Interest Expense		 0.56 -0.07 0.59 0.43 0.48 0.07 0.45 0.78 0.52 0.94 2.26
Operating Cash Flow Less CapEx to Interest Expense		 0.55 -0.08 0.49 0.42 0.47 0.06 0.44 0.78 0.52 0.91 2.21
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 4.00 3.88 3.61 3.72 3.77 3.90 4.29 4.34 4.12 3.83 3.47
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,789 1,832 1,839 1,779 1,869 1,861 1,921 3,046 4,008 2,854 2,793
Invested Capital Turnover		 0.24 0.23 0.21 0.16 0.14 0.18 0.20 0.16 0.14 0.12 0.15
Increase / (Decrease) in Invested Capital		 -79 -29 -82 -1,267 -2,140 -992 -872 385 1,550 -1,117 466
Enterprise Value (EV)		 666 844 551 718 682 911 647 1,816 1,222 2,364 2,270
Market Capitalization		 1,360 1,469 1,422 1,140 1,092 1,211 930 926 930 1,396 1,323
Book Value per Share		 $29.99 $29.39 $29.57 $28.40 $28.22 $28.19 $27.46 $27.49 $27.58 $26.85 $26.16
Tangible Book Value per Share		 $22.05 $21.44 $21.53 $20.33 $20.09 $19.98 $19.20 $19.14 $19.17 $18.37 $17.62
Total Capital		 1,789 1,832 1,839 1,779 1,869 1,861 1,921 3,046 3,403 2,854 2,793
Total Debt		 156 231 231 230 330 330 430 1,554 1,909 1,404 1,381
Total Long-Term Debt		 156 231 231 230 330 330 430 1,554 1,909 1,404 1,379
Net Debt		 -694 -624 -870 -422 -411 -299 -284 890 292 968 947
Capital Expenditures (CapEx)		 0.52 0.47 10 1.13 0.77 0.84 1.36 -0.32 -0.02 1.39 1.21
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 156 231 231 230 330 330 430 1,554 2,514 1,404 1,381
Total Depreciation and Amortization (D&A)		 4.03 2.94 2.97 1.36 5.05 3.08 4.32 5.47 4.88 4.34 4.92
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.53 $0.46 $0.57 $0.50 $0.44 $0.07 $0.60 $0.62 $0.71 $0.74 $0.80
Adjusted Weighted Average Basic Shares Outstanding		 54.27M 54.47M 54.48M 54.39M 54.53M 54.50M 108.64M 108.61M 108.50M 54.16M 54.01M
Adjusted Diluted Earnings per Share		 $0.53 $0.45 $0.56 $0.50 $0.44 $0.06 $0.60 $0.62 $0.70 $0.73 $0.79
Adjusted Weighted Average Diluted Shares Outstanding		 54.27M 54.47M 54.48M 54.39M 54.53M 54.50M 108.64M 108.61M 108.50M 54.16M 54.01M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 54.27M 54.47M 54.48M 54.39M 54.53M 54.50M 108.64M 108.61M 108.50M 54.16M 54.01M
Normalized Net Operating Profit after Tax (NOPAT)		 29 25 31 27 24 6.65 33 34 38 40 44
Normalized NOPAT Margin		 26.49% 23.43% 27.39% 25.47% 24.29% 8.56% 29.92% 29.45% 32.85% 33.13% 38.24%
Pre Tax Income Margin		 34.26% 31.17% 34.52% 33.16% 31.56% 12.22% 38.43% 37.94% 42.27% 43.00% 48.72%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.48 0.37 0.40 0.37 0.34 0.10 0.48 0.53 0.75 1.12 2.50
NOPAT to Interest Expense		 0.37 0.28 0.32 0.29 0.26 0.04 0.37 0.41 0.58 0.87 1.95
EBIT Less CapEx to Interest Expense		 0.47 0.37 0.30 0.36 0.33 0.09 0.46 0.54 0.75 1.09 2.45
NOPAT Less CapEx to Interest Expense		 0.36 0.28 0.22 0.27 0.25 0.03 0.36 0.42 0.58 0.84 1.90
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 38.88% 40.64% 50.61% 49.65% 46.15% 40.01% 29.96% 27.85% 28.57% 28.90% 27.96%
Augmented Payout Ratio		 50.52% 43.94% 54.73% 53.64% 46.15% 40.01% 29.96% 27.85% 28.57% 28.90% 27.96%

Frequently Asked Questions About Veritex's Financials

When does Veritex's fiscal year end?

According to the most recent income statement we have on file, Veritex's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Veritex's net income changed over the last 10 years?

Veritex's net income appears to be on an upward trend, with a most recent value of $107.24 million in 2024, rising from $5.21 million in 2014. The previous period was $108.26 million in 2023. View Veritex's forecast to see where analysts expect Veritex to go next.

How has Veritex revenue changed over the last 10 years?

Over the last 10 years, Veritex's total revenue changed from $27.84 million in 2014 to $425.65 million in 2024, a change of 1,429.1%.

How much debt does Veritex have?

Veritex's total liabilities were at $11.17 billion at the end of 2024, a 2.8% increase from 2023, and a 1,520.9% increase since 2014.

How much cash does Veritex have?

In the past 10 years, Veritex's cash and equivalents has ranged from $9.22 million in 2014 to $423.81 million in 2021, and is currently $52.49 million as of their latest financial filing in 2024.

How has Veritex's book value per share changed over the last 10 years?

Over the last 10 years, Veritex's book value per share changed from 11.13 in 2014 to 29.39 in 2024, a change of 164.1%.


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This page (NASDAQ:VBTX) was last updated on 5/29/2025 by MarketBeat.com Staff
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