Veritex Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 25, 2023 at 05:01 pm EDT
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Veritex Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 100.83 million compared to USD 84.48 million a year ago. Net income was USD 33.73 million compared to USD 29.63 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to USD 0.55 a year ago. Diluted earnings per share from continuing operations was USD 0.62 compared to USD 0.54 a year ago.
For the six months, net interest income was USD 204.22 million compared to USD 157.52 million a year ago. Net income was USD 72.14 million compared to USD 63.1 million a year ago. Basic earnings per share from continuing operations was USD 1.33 compared to USD 1.21 a year ago. Diluted earnings per share from continuing operations was USD 1.32 compared to USD 1.19 a year ago.
Veritex Holdings, Inc. is a bank holding company. The Company conducts banking activities through its wholly owned subsidiary, Veritex Community Bank (the Bank), a Texas state bank, which provides a full range of banking services, including commercial and retail lending and checking and savings deposit products, to individual and corporate customers. It operates through the community banking segment. The Bank provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals. It offers online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as ATMs, and mobile and digital banking, mail and personal appointments. It also offers debit cards, night depository, direct deposit, cashierâs checks and letters of credit. It also offers a full array of commercial treasury management services.
VERITEX HOLDINGS, INC. 
