Veritex Holdings (VBTX) Reports Q4 Earnings: What Key Metrics Have to Say

For the quarter ended December 2024, Veritex Holdings (VBTX) reported revenue of $106.2 million, up 36.6% over the same period last year. EPS came in at $0.54, compared to $0.58 in the year-ago quarter.The reported revenue represents a surprise of -6.27% over the Zacks Consensus Estimate of $113.3 million. With the consensus EPS estimate being $0.56, the EPS surprise was -3.57%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Veritex Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio (GAAP): 67% versus the two-analyst average estimate of 60.1%. Net charge-offs to average loans outstanding: 0.2% versus the two-analyst average estimate of 0.3%. Net Interest Margin: 3.2% compared to the 3.3% average estimate based on two analysts. Total nonperforming loans held for investment (NPLs): $54.44 million versus the two-analyst average estimate of $56.41 million. Total nonperforming assets (NPAs): $79.17 million versus the two-analyst average estimate of $67.79 million. Average Outstanding Balance - Total interest-earning assets: $11.95 billion compared to the $12.14 billion average estimate based on two analysts. Total Noninterest Income: $10.06 million versus the two-analyst average estimate of $13.55 million. Net Interest Income: $96.14 million compared to the $99.68 million average estimate based on two analysts. View all Key Company Metrics for Veritex Holdings here>>>Shares of Veritex Holdings have returned -1.3% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Veritex Holdings, Inc. (VBTX): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks