Veritex Holdings: Q2 Earnings Insights

Shares of Veritex Holdings VBTX fell 0.1% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 27.12% over the past year to $0.43, which beat the estimate of $0.38.

Revenue of $87,047,000 up by 12.35% from the same period last year, which beat the estimate of $75,790,000.

Outlook

Veritex Holdings hasn't issued any earnings guidance for the time being.

Veritex Holdings hasn't issued any revenue guidance for the time being.

Technicals

Company's 52-week high was at $29.41

52-week low: $10.02

Price action over last quarter: down 8.23%

Company Description

Veritex Holdings Inc is engaged in the provision of commercial banking products and services to small to medium-sized businesses and professionals. The bank provides a range of banking services to individual and corporate customers, which include commercial and retail lending, and the acceptance of checking and savings deposits. It offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as automated teller machines, and banking by telephone, mail and personal appointment.