Veritex Financial Statements From 2010 to 2024

VBTX Stock  USD 19.32  0.04  0.21%   
Veritex Holdings financial statements provide useful quarterly and yearly information to potential Veritex Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Veritex Holdings financial statements helps investors assess Veritex Holdings' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Veritex Holdings' valuation are summarized below:
Gross Profit
389.7 M
Profit Margin
0.2866
Market Capitalization
1.1 B
Revenue
377.7 M
Earnings Share
1.98
We have found one hundred twenty available fundamental trend indicators for Veritex Holdings, which can be analyzed and compared to other ratios and to its competition. All investors should make sure to double-check all of Veritex Holdings current market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Enterprise Value is likely to rise to about 104.7 M in 2024

Veritex Holdings Total Revenue

763.22 Million

Check Veritex Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veritex main balance sheet or income statement drivers, such as Interest Expense of 344.1 M, Selling General Administrative of 40.3 M or Total Revenue of 763.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.54, Dividend Yield of 0.036 or PTB Ratio of 0.78. Veritex financial statements analysis is a perfect complement when working with Veritex Holdings Valuation or Volatility modules.
  
This module can also supplement Veritex Holdings' financial leverage analysis and stock options assessment as well as various Veritex Holdings Technical models . Check out the analysis of Veritex Holdings Correlation against competitors.
For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.

Veritex Holdings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets13 B12.4 BB
Slightly volatile
Total Stockholder Equity1.6 B1.5 B668.1 M
Slightly volatile
Good Will488.4 M465.1 M197.7 M
Slightly volatile
Common Stock Shares Outstanding29.2 M54.6 M26.7 M
Slightly volatile
Liabilities And Stockholders Equity13 B12.4 BB
Slightly volatile
Other Stockholder Equity1.2 B1.1 B532.5 M
Slightly volatile
Intangible Assets27 M41.8 M24.7 M
Slightly volatile
Short and Long Term Debt Total451 M329.8 M359.8 M
Slightly volatile
Total Current Liabilities7.4 BB983.8 M
Slightly volatile
Other Liabilities12.2 M11.6 MM
Slightly volatile
Property Plant And Equipment Net71.3 M105.7 M58 M
Slightly volatile
Accounts Payable214.4 M204.2 M53.7 M
Slightly volatile
Cash660.5 M629.1 M230.5 M
Slightly volatile
Long Term Debt297.1 M329.8 M237.6 M
Slightly volatile
Net Receivables1.9 MM935.3 M
Slightly volatile
Common Stock Total Equity611.8 K644 K5.2 M
Pretty Stable
Short Term Investments548.4 M1.1 B441.4 M
Slightly volatile
Non Current Liabilities TotalB3.9 B1.4 B
Slightly volatile
Other Current Assets689.6 M629.1 M789.7 M
Very volatile
Total Liabilities11.4 B10.9 B4.4 B
Slightly volatile
Property Plant And Equipment Gross80.2 M137.1 M65.1 M
Slightly volatile
Total Current Assets375.2 M629.1 M298 M
Slightly volatile
Common Stock348 K610 K283.9 K
Slightly volatile
Property Plant Equipment151.6 M144.4 M67 M
Slightly volatile
Net Tangible Assets1.2 B1.2 B476.3 M
Slightly volatile
Retained Earnings Total Equity332.4 M316.6 M115.6 M
Slightly volatile
Long Term Debt Total275 M261.9 M98 M
Slightly volatile
Capital Surpluse1.4 B1.3 B595.5 M
Slightly volatile
Long Term Investments2.1 B1.3 B1.6 B
Slightly volatile
Short and Long Term Debt45.7 M86.2 M47.1 M
Slightly volatile
Non Current Liabilities Other943.8 M898.9 M354.2 M
Slightly volatile
Short Term Debt163 M105.3 M116.3 M
Slightly volatile
Earning Assets1.5 B1.5 B669.5 M
Slightly volatile
Net Invested CapitalB1.9 B1.2 B
Slightly volatile
Capital Stock572.7 K610 K376 K
Slightly volatile

Veritex Holdings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative40.3 M26.2 M36.9 M
Slightly volatile
Total Revenue763.2 M726.9 M216.5 M
Slightly volatile
Gross Profit763.2 M726.9 M216.5 M
Slightly volatile
Depreciation And Amortization5.2 M9.8 M4.5 M
Slightly volatile
Selling And Marketing Expenses9.1 M8.7 M2.9 M
Slightly volatile
Income Tax Expense37.8 M36 M15.3 M
Slightly volatile
Cost Of Revenue60 M57.1 M27 M
Slightly volatile
Net Income Applicable To Common Shares176.7 M168.3 M58.9 M
Slightly volatile
Preferred Stock And Other Adjustments58.7 K37.8 K59.2 K
Slightly volatile
Net Income From Continuing Ops79.6 M144.7 M55 M
Slightly volatile
Tax Provision23.6 M41.9 M15.8 M
Slightly volatile
Net Interest Income227.5 M409.7 M149.7 M
Slightly volatile
Interest Income726.1 M691.5 M224.3 M
Slightly volatile
Reconciled Depreciation12.8 M19.6 M7.6 M
Slightly volatile

Veritex Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation6.3 M12.1 M5.4 M
Slightly volatile
Begin Period Cash Flow457.9 M436.1 M173.6 M
Slightly volatile
Depreciation20.5 M19.5 M8.3 M
Slightly volatile
Capital Expenditures1.8 M1.9 M6.1 M
Pretty Stable
Total Cash From Operating Activities72.6 M144.1 M62.2 M
Slightly volatile
Net Income54.6 M108.3 M46.6 M
Slightly volatile
Total Cash From Financing Activities91.6 M96.4 M352 M
Slightly volatile
End Period Cash Flow660.5 M629.1 M231.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.541.62588.3323
Slightly volatile
Dividend Yield0.0360.03430.0122
Slightly volatile
PTB Ratio0.780.82451.4519
Slightly volatile
Days Sales Outstanding19.4523.023.8049
Pretty Stable
Book Value Per Share14.4428.22417.813
Slightly volatile
Invested Capital0.410.28410.4668
Slightly volatile
Operating Cash Flow Per Share1.342.65571.5667
Slightly volatile
Stock Based Compensation To Revenue0.02020.01550.0242
Slightly volatile
PB Ratio0.780.82451.4519
Slightly volatile
EV To Sales1.181.24048.0722
Slightly volatile
Sales General And Administrative To Revenue0.150.15720.4095
Slightly volatile
Cash Per Share16.7231.43818.6172
Slightly volatile
POCF Ratio8.328.762324.7056
Slightly volatile
Interest Coverage2.372.70322.791
Pretty Stable
Payout Ratio0.420.40010.2639
Very volatile
Income Quality1.261.33094.2248
Slightly volatile
EV To Operating Cash Flow6.356.685220.8005
Slightly volatile
Intangibles To Total Assets0.03420.0360.0817
Slightly volatile
Current Ratio0.08530.08973.7835
Slightly volatile
Tangible Book Value Per Share10.0320.012.3757
Slightly volatile
Receivables Turnover17.1416.4315.6199
Slightly volatile
Graham Number37.3835.59722.5341
Slightly volatile
Shareholders Equity Per Share14.4428.22417.813
Slightly volatile
Debt To Equity0.410.28410.4668
Slightly volatile
Revenue Per Share15.0314.3135.6064
Slightly volatile
Interest Debt Per Share9.249.002810.6418
Slightly volatile
Debt To Assets0.05430.03510.0613
Slightly volatile
Short Term Coverage Ratios1.31.36842.6326
Pretty Stable
Price Book Value Ratio0.780.82451.4519
Slightly volatile
Dividend Payout Ratio0.420.40010.2639
Very volatile
Price To Operating Cash Flows Ratio8.328.762324.7056
Slightly volatile
Ebt Per Ebit0.490.640.587
Slightly volatile
Effective Tax Rate0.20.24970.2382
Pretty Stable
Company Equity Multiplier8.188.09397.631
Pretty Stable
Long Term Debt To Capitalization0.220.17720.2604
Slightly volatile
Total Debt To Capitalization0.240.22130.2762
Slightly volatile
Debt Equity Ratio0.410.28410.4668
Slightly volatile
Quick Ratio0.230.243336.04
Slightly volatile
Net Income Per E B T0.830.75030.7638
Very volatile
Cash Ratio0.08530.089723.2035
Slightly volatile
Operating Cash Flow Sales Ratio0.240.18550.2902
Slightly volatile
Days Of Sales Outstanding19.4523.023.8049
Pretty Stable
Cash Flow Coverage Ratios0.220.33120.2517
Very volatile
Price To Book Ratio0.780.82451.4519
Slightly volatile
Fixed Asset Turnover7.717.3453.0396
Slightly volatile
Price Cash Flow Ratio8.328.762324.7056
Slightly volatile
Debt Ratio0.05430.03510.0613
Slightly volatile
Cash Flow To Debt Ratio0.220.33120.2517
Very volatile
Price Sales Ratio1.541.62588.3323
Slightly volatile
Asset Turnover0.05910.06270.054
Slightly volatile
Gross Profit Margin0.750.840.9172
Slightly volatile
Price Fair Value0.780.82451.4519
Slightly volatile

Veritex Holdings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap101.1 M113.7 M123.8 M
Slightly volatile
Enterprise Value104.7 M83.7 M83.7 M
Slightly volatile

Veritex Fundamental Market Drivers

Cash And Short Term Investments-629.1 M

Veritex Upcoming Events

23rd of April 2024
Upcoming Quarterly Report
View
23rd of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Veritex Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Veritex Holdings income statement, its balance sheet, and the statement of cash flows. Veritex Holdings investors use historical funamental indicators, such as Veritex Holdings's revenue or net income, to determine how well the company is positioned to perform in the future. Although Veritex Holdings investors may use each financial statement separately, they are all related. The changes in Veritex Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Veritex Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Veritex Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Veritex Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-811.9 M-771.3 M
Total Revenue726.9 M763.2 M
Cost Of Revenue57.1 M60 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.16  0.15 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0)(0)
Revenue Per Share 14.31  15.03 
Ebit Per Revenue 0.19  0.26 

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When determining whether Veritex Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritex Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veritex Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritex Holdings Stock:
Check out the analysis of Veritex Holdings Correlation against competitors.
For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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Is Veritex Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veritex Holdings. If investors know Veritex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veritex Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.92)
Dividend Share
0.8
Earnings Share
1.98
Revenue Per Share
6.962
Quarterly Revenue Growth
(0.36)
The market value of Veritex Holdings is measured differently than its book value, which is the value of Veritex that is recorded on the company's balance sheet. Investors also form their own opinion of Veritex Holdings' value that differs from its market value or its book value, called intrinsic value, which is Veritex Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veritex Holdings' market value can be influenced by many factors that don't directly affect Veritex Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veritex Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritex Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritex Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.