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Veritex (VBTX) - 2024 Q2 - Quarterly Results
Veritex Veritex (US:VBTX)2024-07-23 20:20

Exhibit 99.1 VERITEX HOLDINGS, INC. REPORTS SECOND QUARTER 2024 OPERATING RESULTS Other Second Quarter Financial, Credit and Company Highlights 1 • Pre-tax, pre-provision operating return on average assets was 1.42% as of June 30, 2024; • Nonperforming assets ("NPAs") decreased 17 bps from the prior quarter to 0.65% of total assets; • Net interest margin ("NIM") increased to 3.29%, a 5 bps improvement from the prior quarter; • Common equity tier 1 capital grew 12 bps from the prior quarter to 10.49%; • Tota ...