Veritex Holdings (VBTX) Misses Q3 EPS by 2c

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Veritex Holdings, Inc. Reports Record Third Quarter Financial Results; Strong Organic Loan Growth Continues Through 2017

October 23, 2017 7:28 PM EDT

DALLAS, Oct. 23, 2017 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Veritex or the Company) (NASDAQ: VBTX), the holding company for Veritex Community Bank, announced today the results for the quarter ended September 30, 2017. The Company reported net income available to common stockholders of $5.1 million, or $0.25 diluted earnings per share (EPS), compared to $3.6 million, or $0.23 diluted EPS, for the quarter ended June 30, 2017 and $3.4 million, or $0.31 diluted EPS, for the quarter ended September 30, 2016.

Core net income, calculated as net income adjusted for the impact of income recognized on acquired loans and merger and acquisition costs, totaled $5.7 million for... More