Veritex Holdings Inc
Prices are adjusted according to historical splits.
- Today's Low:
- Today's High:
- Open Price:
- 52W Low:
- 52W High:
- Prev. Close:
- Market Cap.:
- $968.27 million
- Book Value:
- Revenue TTM:
- $422.40 million
- Operating Margin TTM:
- Gross Profit TTM:
- $389.71 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Veritex Holdings Inc had its IPO on 2014-10-09 under the ticker symbol VBTX.
The company operates in the Financial Services sector and Banks-Regional industry. Veritex Holdings Inc has a staff strength of 763 employees.
Shares of Veritex Holdings Inc opened at $17.91 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $17.74 - $18.18, and closed at $17.92.
This is a +0.5% increase from the previous day's closing price.
A total volume of 246,016 shares were traded at the close of the day’s session.
In the last one week, shares of Veritex Holdings Inc have slipped by -7.44%.
Veritex Holdings Inc's Key Ratios
Veritex Holdings Inc has a market cap of $968.27 million, indicating a price to book ratio of 1.0656 and a price to sales ratio of 3.8748.
In the last 12-months Veritex Holdings Inc’s revenue was $422.40 million with a gross profit of $389.71 million and an EBITDA of $0. The EBITDA ratio measures Veritex Holdings Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Veritex Holdings Inc’s operating margin was 49.85% while its return on assets stood at 1.31% with a return of equity of 10.64%.
In Q2, Veritex Holdings Inc’s quarterly earnings growth was a positive 14.8% while revenue growth was a positive 17.2%.
Veritex Holdings Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $2.82 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.55. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Veritex Holdings Inc’s profitability.
Veritex Holdings Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.8748.
Veritex Holdings Inc stock pays annual dividends of $0.8 per share, indicating a yield of 4.49% and a payout ratio of 26.76%.
Balance sheet and cash flow metrics
- Total Assets
- $12.47 billion
- Total Liabilities
- $190.90 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Veritex Holdings Inc ended 2023 with $12.47 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $12.47 billion while shareholder equity stood at $1.49 billion.
Veritex Holdings Inc ended 2023 with $0 in deferred long-term liabilities, $190.90 million in other current liabilities, 609000.00 in common stock, $429.75 million in retained earnings and $404.45 million in goodwill. Its cash balance stood at $663.92 million and cash and short-term investments were $663.92 million. The company’s total short-term debt was $0 while long-term debt stood at $1.55 billion.
Veritex Holdings Inc’s total current assets stands at $663.92 million while long-term investments were $1.28 billion and short-term investments were $961.05 million. Its net receivables were $9.59 billion compared to accounts payable of $190.90 million and inventory worth $0.
In 2023, Veritex Holdings Inc's operating cash flow was $-41762000.00 while its capital expenditure stood at $0.
Comparatively, Veritex Holdings Inc paid $0.27 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Veritex Holdings Inc stock is currently trading at $17.92 per share. It touched a 52-week high of $32.1817 and a 52-week low of $32.1817. Analysts tracking the stock have a 12-month average target price of $25.
Its 50-day moving average was $19.54 and 200-day moving average was $21.77 The short ratio stood at 5.27 indicating a short percent outstanding of 0%.
Around 354.6% of the company’s stock are held by insiders while 8966.3% are held by institutions.
Frequently Asked Questions About Veritex Holdings Inc
Similar Industry Stocks (Banks-Regional)
Veritex Holdings, Inc. operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company accepts deposit products include demand, savings, money market, and time accounts. Its loan products include commercial real estate and general commercial, mortgage warehouse loans, residential real estate, construction and land, farmland, consumer, paycheck protection program, 1-4 family residential, agricultural, multi-family residential, and consumer loans, as well as purchased receivables financing. The company also provides interest rate swap services; and a range of online banking solutions, such as access to account balances, online transfers, online bill payment and electronic delivery of customer statements, and ATMs, as well as mobile banking, mail, and personal appointment. In addition, it offers debit cards, night depository services, direct deposits, cashier’s checks, and letters of credit; treasury management services, including balance reporting, transfers between accounts, wire transfer initiation, automated clearinghouse origination, and stop payments; and cash management deposit products and services consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. The company operates full-service branches located in the Dallas-Fort Worth metroplex, and the Houston metropolitan area. Veritex Holdings, Inc. was incorporated in 2009 and is headquartered in Dallas, Texas.