VBTX: Veritex Holdings, Inc. - Summary | Jitta

Veritex Holdings, Inc.

NASDAQ:VBTX

Price
$35.76
Loss Chance
42.7%
6.11JITTA SCORE
10.23%Under Jitta Line
Jitta Ranking
205 / 328
388 / 738
1,220 / 4,423
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (41)
Recent Business Performance (31)
Financial Strength (82)
Return to Shareholders (34)
Competitive Advantage (57)
Jitta Signs
Revenue and EarningConsistent Growth in the past 3 years
SG&A to SalesDecreasing
Total DepositConsistent Growth
Loan to DepositHigh Efficiency
Net Interest MarginEfficiency
Operating MarginDeclined
Recent Business PerformanceEarning decline 35.90% in the last year
New Share IssuedMore than 50% in 5 years
Key Stats
Jitta Score
Jitta Line
6.11
10.23%
6.11
> 1,000%
5.28
660.27%
Regional Banks
7.65
66.15%
7.94
39.05%
8.42
30.36%
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, mortgage warehouse, commercial real estate, construction and land, 1-4 family residential, paycheck protection program, farmland and agricultural, multi-family residential, and consumer loans; and 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 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. As of December 31, 2020, the company operated 25 full-service branches and one mortgage office located in the Dallas-Fort Worth metroplex; 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.