Veritex Holdings, Inc. (FRA:47Y)

Veritex Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	618.12	651.18	648.25	399.68	280.53	286.58
Interest Income on Investments	112.11	106.04	78.63	49.73	35.96	35.27
Total Interest Income	730.23	757.22	726.87	449.41	316.48	321.85
Interest Paid on Deposits	330.61	356.26	274.38	58.09	15.94	36.91
Interest Paid on Borrowings	11.64	15.71	53.38	26.66	19.76	19.14
Total Interest Expense	342.25	371.97	327.76	84.75	35.7	56.05
Net Interest Income	387.98	385.25	399.11	364.66	280.78	265.8
Net Interest Income Growth (YoY)	1.05%	-3.48%	9.45%	29.87%	5.64%	-6.77%
Gain (Loss) on Sale of Investments	-4.17	-10.82	-5.22	-1.25	-0.51	3.1
Gain (Loss) on Sale of Equity Investments	-	-	-30.59	-5.14	5.76	-
Other Non-Interest Income	32.75	30.3	34.66	39.07	34.82	29.31
Total Non-Interest Income	50.95	40.4	19.11	52.82	58.41	47.34
Non-Interest Income Growth (YoY)	458.54%	111.47%	-63.83%	-9.56%	23.36%	57.39%
Revenues Before Loan Losses	438.93	425.65	418.22	417.48	339.19	313.14
Provision for Loan Losses	14.45	20.11	40.47	27.77	-4.83	65.67
Revenue	424.48	405.54	377.75	389.71	344.02	247.47
Revenue Growth (YoY)	16.89%	7.36%	-3.07%	13.28%	39.01%	-15.73%
Salaries and Employee Benefits	134.89	128.53	110.02	105.91	84.18	71.47
Occupancy Expenses	11.97	12.07	12.93	18.74	17.26	16.36
Amortization of Goodwill & Intangibles	9.75	9.75	9.84	9.98	10.06	10.79
Selling, General & Administrative	72.54	72.64	73.43	48.75	40.24	33.89
Other Non-Interest Expense	46.14	43.56	27.25	18.31	15.15	14.19
Total Non-Interest Expense	275.29	266.55	233.46	201.7	166.89	146.7
EBT Excluding Unusual Items	149.19	138.99	144.28	188.01	177.13	100.77
Other Unusual Items	-	-	-	-	-	-12.68
Pretax Income	149.19	138.99	144.28	186.63	176.31	88.09
Income Tax Expense	33.33	31.75	36.02	40.32	36.72	14.2
Net Income	115.86	107.24	108.26	146.32	139.58	73.88
Net Income to Common	115.86	107.24	108.26	146.32	139.58	73.88
Net Income Growth	32.44%	-0.94%	-26.01%	4.82%	88.93%	-18.58%
Basic Shares Outstanding	54	54	54	53	49	50
Diluted Shares Outstanding	55	55	55	54	50	50
Shares Change (YoY)	0.50%	0.66%	1.19%	7.15%	0.63%	-7.30%
EPS (Basic)	2.13	1.97	2.00	2.75	2.83	1.48
EPS (Diluted)	2.10	1.95	1.98	2.71	2.77	1.48
EPS Growth	31.14%	-1.52%	-26.94%	-2.17%	87.16%	-11.91%
Dividend Per Share	0.840	0.800	0.800	0.800	0.770	0.680
Dividend Growth	5.00%	-	-	3.90%	13.23%	36.00%
Effective Tax Rate	22.34%	22.84%	24.97%	21.60%	20.83%	16.12%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.