Financial Performance - Net income for 1Q21 was $318 million, or $064 diluted EPS, compared to $228 million, or $046 diluted EPS, for 4Q20[9] - Operating net income for 1Q21 was $322 million, or $064 diluted operating EPS, compared to $297 million, or $060 diluted operating EPS, for 4Q20[10] - Operating ROATCE increased to 1739% in 1Q21 compared to 1644% in 4Q20[11] Loan and Deposit Growth - Total loans, excluding PPP loans, increased $1370 million, or 86% LQA Excluding PPP and mortgage warehouse, total loans grew 79% LQA[12] - Total deposits grew $3917 million, or 240% LQA[13] - Average cost of total deposits decreased to 031% for 1Q21 from 038% for 4Q20[14] Capital Management - Tangible book value per common share increased to $1634 from $1570 at December 31, 2020[15] - A quarterly dividend of $017 was declared in 1Q21[16] - 147,622 shares were repurchased during 1Q21 at an average price of $2592, and the stock buyback program was extended to December 31, 2021[17] Net Interest Income - Net interest income was $656 million, down $12 million from 4Q20, primarily driven by a decrease in the number of days in 1Q21 compared to 4Q20[26] - Average earning assets grew $1914 million, or 95% LQA, during 1Q21[26] Thrive Mortgage Investment - Veritex acquired a 49% interest in Thrive Mortgage for $539 million in an all-cash transaction[66]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report to Section 13 OR 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2020 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File No. 001-36682 Veritex Holdings, Inc. (Exact name of registrant as specified in its charter) | Texas | 27-0973566 | | --- | --- | | (State or other jurisdiction of | ...

Veritex Holdings, Inc. 4 th Quarter Earnings Conference Call January 27, 2020 Safe Harbor Statement Forward-looking statements This presentation contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on various facts and derived utilizing assumptions, current expectations, estimates and projections and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, p ...

Financial Data and Key Metrics Changes - The company recorded operating earnings of $29.7 million or $0.60 per share, a 31% linked quarter increase [8] - Pre-tax pre-provision earnings were $38.4 million or $0.77 per share, with a return on average assets of 1.75% for the quarter [8] - Tangible book value per share increased to $15.70, reflecting an 11% increase on a linked quarter annualized basis [14] - Operating return on average tangible common equity remained strong at 16.4% [14] - The operating efficiency ratio has been below 50% for the last five quarters [14] Business Line Data and Key Metrics Changes - Loan growth excluding PPP and mortgage warehouse was 4.3% annualized for the quarter and 2% for the year ended 2020 [8] - Mortgage warehouse portfolio grew 24% annualized for the quarter and 215% year-over-year, representing 8.5% of outstanding loans at year-end 2020 [9] - Total deposits grew 18.7% linked quarter, with non-interest bearing deposits growing 35% year-over-year [12] - Net interest income increased to $67 million for the quarter, despite lower purchase accounting accretion and interest expense from subordinated debt [15] Market Data and Key Metrics Changes - The company experienced strong growth in transactional deposits, which increased by $312 million [19] - Average cost of total deposits declined by eight basis points in Q4, now at 38 basis points [20] - The commercial real estate business remains strong, with a mortgage warehouse portfolio growth of $33 million in Q4 [21] Company Strategy and Development Direction - The company aims to continue attracting talent, with recent hires primarily being revenue producers [42] - Management anticipates 2021 will be an active year for M&A in the industry, with hopes to be an active participant for the right fit [43] - The company is focused on maintaining positive loan growth and improving net interest margin through deposit repricing and loan growth [54][78] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economic outlook and credit quality, stating that charge-off expectations have not changed meaningfully [66] - The company is encouraged by the direction and momentum building, particularly in Texas, which is experiencing population and business growth [44] - Management believes that the loan growth will be positive in 2021, targeting mid-single digits excluding PPP and mortgage warehouse [54] Other Important Information - The company declared a regular quarterly dividend of $0.17 per share, representing a 28% payout ratio of operating EPS [27] - The company repurchased 347,000 shares at an average price of $22.90, with $23 million remaining on the buyback authorization [27] Q&A Session Summary Question: Can you talk about defending core loan yield in the current environment? - Management noted that they have not seen significant pricing pressure and have been able to maintain stable yields through effective relationship management [49][50] Question: What is the outlook for loan growth in 2021? - Management expects positive loan growth in 2021, targeting mid-single digits excluding PPP and mortgage warehouse [54] Question: Can you provide insights on talent acquisition and future opportunities? - Management confirmed ongoing efforts to invest in talent, with significant opportunities remaining in the current market [62][64] Question: What are the expectations for charge-offs moving forward? - Management does not expect charge-off estimates to change significantly, maintaining a conservative outlook based on prior assessments [66][68] Question: What are the M&A targets and considerations? - Management expressed interest in both larger acquisitions that could push them over $10 billion in assets and smaller tuck-in deals, remaining opportunistic in their approach [80][96]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-36682 VERITEX HOLDINGS, INC. (Exact name of registrant as specified in its charter) Texas 27-0973566 (State or other jurisdiction of ...

Financial Data and Key Metrics Changes - The company reported operating earnings of $22.9 million or $0.46 per share, an increase of $0.03 over the previous quarter [9] - The provision for loan losses decreased to $10.1 million from $19 million in the previous quarter [9] - Pre-tax, pre-provision operating return on average assets was 1.82% for the quarter and 1.96% for the year 2020 [10] - The allowance for loan losses increased to 2.10% of total loans [24] Business Line Data and Key Metrics Changes - The company saw annualized growth of 4.4% in C&I and CRE sectors, excluding mortgage warehouse and PPP [11] - Mortgage warehouse loans grew by $103 million or 23% linked quarter [11] - Non-interest income for the quarter was $9.8 million, driven by government guaranteed business [21] Market Data and Key Metrics Changes - Transactional deposits grew by $120 million or over 10% annualized [19] - Non-interest bearing deposits accounted for 31% of total deposits, while reliance on time deposits dropped to just under 24% [19] Company Strategy and Development Direction - The company aims to maintain capital stability and flexibility for growth opportunities, both organic and through M&A [41] - Focus on building and maintaining positive operating leverage while preparing for future market needs [41] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about credit clarity and positive movement in business areas [8] - The company anticipates further migration of charge-offs in Q4 and the first half of 2021 [13] - Management emphasized a conservative approach to capital preservation amid uncertainties [52] Other Important Information - The company declared a regular quarterly dividend of $0.17 per share, representing a 37% payout ratio [25] - Subsequent to the quarter end, the company issued $125 million in subordinated debt at a fixed interest rate of 4.125% [26] Q&A Session Summary Question: Share buyback appetite and future plans - Management indicated flexibility in share repurchases depending on valuations and capital behavior, with a cautious approach to future buybacks [48][50] Question: Increase in NPAs despite improving credit metrics - Management clarified that the increase in NPAs reflects a conservative approach to credit management and capital preservation [52] Question: Trends in mortgage warehouse and loan growth - Management noted strong performance in the mortgage warehouse and expected positive loan growth in Q4 [87] Question: Criteria for loan upgrades and downgrades - Management explained that upgrades were based on borrower performance assessments and interviews with lending managers [65] Question: Residual risk in the restaurant portfolio - Management acknowledged potential deferrals in the restaurant portfolio as SBA support expires, with ongoing monitoring of performance [99]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-36682 VERITEX HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. employer incor ...

Veritex Holdings, Inc. (NASDAQ:VBTX) Q2 2020 Earnings Conference Call July 29, 2020 9:30 AM ET Company Participants Susan Caudle - IR Malcolm Holland - Chairman and CEO Terry Earley - CFO Clay Riebe - Chief Credit Officer Conference Call Participants Gray Tenner - D.A. Davidson Brad Milsaps - Piper Sandler Matt Olney - Stephens, Inc. Michael Rose - Raymond James Woody Lay - KBW Operator Good day, and welcome to the Veritex Holdings Second Quarter 2020 Earnings Conference Call and Webcast. [Operator Instruct ...

V E R I T E X Investor Presentation 2nd Quarter 2020 Safe Harbor Forward-looking statements This presentation contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on various facts and derived utilizing assumptions, current expectations, estimates and projections and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be ma ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-36682 VERITEX HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. employer inco ...