Veritex (US:VBTX) ZACKS·2025-01-29 00:30Core Insights - Veritex Holdings (VBTX) reported revenue of $106.2 million for the quarter ended December 2024, reflecting a year-over-year increase of 36.6% but a revenue surprise of -6.27% compared to the Zacks Consensus Estimate of $113.3 million [1] - The company's EPS was $0.54, down from $0.58 in the same quarter last year, with an EPS surprise of -3.57% against the consensus estimate of $0.56 [1] Financial Performance Metrics - Efficiency Ratio (GAAP) was reported at 67%, exceeding the two-analyst average estimate of 60.1% [4] - Net charge-offs to average loans outstanding were 0.2%, better than the two-analyst average estimate of 0.3% [4] - Net Interest Margin stood at 3.2%, slightly below the 3.3% average estimate from two analysts [4] - Total nonperforming loans (NPLs) were $54.44 million, lower than the two-analyst average estimate of $56.41 million [4] - Total nonperforming assets (NPAs) reached $79.17 million, higher than the two-analyst average estimate of $67.79 million [4] - Average Outstanding Balance of Total interest-earning assets was $11.95 billion, compared to the $12.14 billion average estimate based on two analysts [4] - Total Noninterest Income was $10.06 million, significantly below the two-analyst average estimate of $13.55 million [4] - Net Interest Income was reported at $96.14 million, also below the $99.68 million average estimate from two analysts [4] Stock Performance - Over the past month, shares of Veritex Holdings have returned -1.3%, while the Zacks S&P 500 composite has changed by +0.8% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]