Veritex Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 28, 2020 at 05:04 pm EST
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Veritex Holdings, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net income was USD 29.051 million compared to USD 9.825 million a year ago. Basic earnings per share was USD 0.56 compared to USD 0.41 a year ago. Diluted earnings per share was USD 0.56 compared to USD 0.4 a year ago. For the full year, net income was USD 90.739 million compared to USD 39.341 million a year ago. Basic earnings per share was USD 1.71 compared to USD 1.63 a year ago. Diluted earnings per share was USD 1.68 compared to USD 1.6 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. 
