Veritex Holdings, Inc. (VBTX) — Financial statements
Income statement, balance sheet, and cash flow for Veritex Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 798↑2.7% | 777↑53.1% | 507↑37.5% | 369↓0.0% | 369 | |
| Cost of Revenue | 392↑6.5% | 368↑227.2% | 113↑264.5% | 31↓74.6% | 122 | |
| Gross Profit | 406↓0.7% | 408↑3.4% | 395↑16.7% | 338↑36.7% | 247 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 141↑15.5% | 122↑3.6% | 118↑24.4% | 95↑19.3% | 79 | |
| Selling & Marketing Expenses | 9↑5.7% | 9↑21.2% | 7↑34.3% | 5↑46.4% | 4 | |
| SG&A Expenses | 150↑14.8% | 131↑4.6% | 125↑24.9% | 100↑20.4% | 83 | |
| Other Expenses | 116↓12.7% | 133↑60.2% | 83↑34.5% | 62↓18.9% | 76 | |
| Operating Expenses | 267↑0.9% | 264↑26.8% | 208↑28.6% | 162↑1.6% | 159 | |
| Total Costs & Expenses | 659↑4.2% | 632↑97.1% | 321↑66.3% | 193↓31.4% | 281 | |
| Operating Results | ||||||
| Operating Income | 139↓3.7% | 144↓22.7% | 187↑5.9% | 176↑100.2% | 88 | |
| Depreciation & Amortization | 20↑0.9% | 19↑4.4% | 19↑18.7% | 16↓0.6% | 16 | |
| EBITDA | 159↓3.1% | 164↓20.2% | 205↑6.9% | 192↑84.8% | 104 | |
| EBIT | 139↓3.7% | 144↓22.7% | 187↑5.9% | 176↑100.2% | 88 | |
| Interest & Other Income | ||||||
| Net Interest Income | 385↓3.5% | 399↑9.4% | 365↑29.9% | 281↑5.6% | 266 | |
| Interest Income | 757↑4.2% | 727↑61.7% | 449↑42.0% | 316↓1.7% | 322 | |
| Interest Expense | 372↑13.5% | 328↑286.7% | 85↑137.4% | 36↓36.3% | 56 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 139↓3.7% | 144↓22.7% | 187↑5.9% | 176↑100.2% | 88 | |
| Income Tax Expense | 32↓11.9% | 36↓10.7% | 40↑9.8% | 37↑158.6% | 14 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 107↓0.9% | 108↓26.0% | 146↑4.8% | 140↑88.9% | 74 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 107↓0.9% | 108↓26.0% | 146↑4.8% | 140↑88.9% | 74 | |
| Bottom-Line Net Income | 107↓0.9% | 108↓26.0% | 146↑4.8% | 140↑88.9% | 74 | |
| EPS (Basic) | 1.97↓1.5% | 2.00↓27.3% | 2.75↓2.8% | 2.83↑91.2% | 1.48 | |
| EPS (Diluted) | 1.95↓1.5% | 1.98↓26.9% | 2.71↓2.2% | 2.77↑87.2% | 1.48 | |
| Weighted Average Shares | 54↑0.4% | 54↑2.0% | 53↑7.6% | 49↓1.0% | 50 | |
| Weighted Average Diluted Shares | 55↑0.7% | 55↑1.2% | 54↑7.1% | 50↑0.6% | 50 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.