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Compared to Estimates, Veritex Holdings (VBTX) Q1 Earnings: A Look at Key Metrics
Veritex Veritex (US:VBTX) ZACKSยท2025-04-22 23:06

Core Insights - Veritex Holdings (VBTX) reported revenue of $109.73 million for Q1 2025, reflecting a year-over-year increase of 10.3% [1] - The company's EPS for the quarter was $0.54, slightly up from $0.53 in the same quarter last year, with an EPS surprise of +5.88% against a consensus estimate of $0.51 [1] - The reported revenue fell short of the Zacks Consensus Estimate of $110.7 million, resulting in a surprise of -0.88% [1] Financial Performance Metrics - Efficiency Ratio (GAAP) was reported at 60.9%, better than the estimated 61.5% [4] - Net charge-offs to average loans outstanding were 0.2%, outperforming the estimated 0.3% [4] - Net Interest Margin stood at 3.3%, matching the average estimate [4] - Total nonperforming loans (NPLs) amounted to $72.63 million, exceeding the average estimate of $57.03 million [4] - Total nonperforming assets (NPAs) were reported at $96.90 million, higher than the estimated $86.71 million [4] - Average Outstanding Balance of total interest-earning assets was $11.68 billion, below the estimated $11.88 billion [4] - Total Noninterest Income was $14.29 million, slightly below the average estimate of $14.60 million [4] - Net Interest Income was reported at $95.44 million, also below the average estimate of $96.11 million [4] Stock Performance - Over the past month, shares of Veritex Holdings have returned -14.4%, compared to a -8.9% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]