VBTX: Veritex Holdings, Inc. - Summary | Jitta

Veritex Holdings, Inc.

NASDAQ:VBTX

Price
$20.22
Loss Chance
43.6%
5.84JITTA SCORE
67.28%Under Jitta Line
Jitta Ranking
248 / 357
481 / 743
2,067 / 4,929
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (41)
Recent Business Performance (43)
Financial Strength (93)
Return to Shareholders (43)
Competitive Advantage (63)
Jitta Signs
CapExVery Low
Total DepositConsistent Growth
Net Interest MarginEfficiency
Revenue and EarningEarning decline from 2019-2022
Recent Business PerformanceEarning decline 24.32% in the last quarter (yoy)
New Share IssuedMore than 50% in 5 years
Loan to DepositAggressive
Key Stats
Jitta Score
Jitta Line
5.84
67.28%
5.67
14.99%
4.83
69.46%
Regional Banks
7.31
63.96%
7.15
55.56%
6.38
60.26%
COMPANY DESCRIPTION
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.