Recap: Veritex Holdings Q3 Earnings

Shares of Veritex Holdings VBTX were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 13.21% over the past year to $0.46, which beat the estimate of $0.44.

Revenue of $75,665,000 decreased by 4.59% year over year, which beat the estimate of $73,320,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Price Action

Company's 52-week high was at $29.41

52-week low: $10.02

Price action over last quarter: Up 11.17%

Company Profile

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.