Veritex Holdings (VBTX) Tops Q2 EPS by 1c

Veritex Holdings (NASDAQ: VBTX) reported Q2 EPS of $0.60, $0.01 better than the analyst estimate of $0.59.

“Our second quarter of 2021 was another outstanding financial and growth quarter for our Company. The investments made over the last two plus years, including our strategic merger with Green in 2019 and targeted talent hires, continue to deliver the benefits we expected. Our 21% Q2-21 annualized loan growth, record Q2-21 loan production of $1.4 billion, strengthening loan pipelines and improving credit profile make us optimistic about the second half of the year. In addition to a strong quarter, we are pleased to announce the completion of our 49% investment in Thrive Mortgage and an 18% increase in our quarterly dividend.”

For earnings history and earnings-related data on Veritex Holdings (VBTX) click here.

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