VBTX: Veritex Holdings, Inc. - Summary | Jitta

Veritex Holdings, Inc.

NASDAQ:VBTX

Price
$16.19
Loss Chance
42.5%
6.68JITTA SCORE
51.30%Under Jitta Line
Jitta Ranking
99 / 331
188 / 730
703 / 4,203
Grow your money with Jitta Ranking. See details.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (65)
Recent Business Performance (67)
Financial Strength (93)
Return to Shareholders (21)
Competitive Advantage (68)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 3 years
Operating MarginExpansion
SG&A to SalesDecreasing Every Year
Total DepositConsistent Growth
Loan to DepositHigh Efficiency
Net Interest MarginEfficiency
Recent Business PerformanceEarning decline 85.87% in the last quarter (yoy)
New Share IssuedMore than 50% in 5 years
Key Stats
Jitta Score
Jitta Line
6.68
51.30%
6.02
237.55%
5.18
227.11%
Regional Banks
7.20
29.74%
7.25
55.64%
6.50
70.04%
COMPANY DESCRIPTION
Veritex Holdings, Inc. operates as the holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company’s deposit products include demand, savings, money market and time deposit accounts, as well as commercial deposit and financial institution money market accounts. Its loan portfolio consists of commercial real estate and general commercial loans, mortgage warehouse loans, residential real estate loans, construction and land loans, farmland loans, and consumer loans, as well as purchased receivables financing. The company also provides 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 banking through telephone, 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 consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. As of December 31, 2019, the company had 25 branches and one mortgage office located in the Dallas-Fort Worth metroplex, as well as 12 full-service branches in the Houston metropolitan area and one branch in Louisville, Kentucky. Veritex Holdings, Inc. was founded in 2009 and is headquartered in Dallas, Texas.