Veritex Holdings, Inc. Reports First Quarter Operating Results

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Go back to Veritex Holdings, Inc. Reports First Quarter Operating Results

Veritex Holdings (VBTX) Misses Q1 EPS by 38c

April 28, 2020 4:50 PM EDT

Veritex Holdings (NASDAQ: VBTX) reported Q1 EPS of $0.08, $0.38 worse than the analyst estimate of $0.46.

First Quarter Highlights

Net income of $4.1 million, or $0.08 diluted earnings per share (EPS), compared to $29.1 million, or $0.56 diluted EPS, for the quarter ended December 31, 2019 and $7.4 million, or $0.13 diluted EPS, for the quarter ended March 31, 2019;Pre-tax, pre-provision operating earnings1 totaled $39.1 million, compared to $42.1 million for the quarter ended December 31, 2019 and $46.4 million or the quarter ended March 31,... More