VBTX Earnings Prediction
The chart below shows how VBTX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VBTX sees a -2.51% change in stock price 10 days leading up to the earnings, and a +0.55% change 10 days following the report. On the earnings day itself, the stock moves by -0.48%. This data can give you a slight idea of what to expect for the next quarter's release.
VBTX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
100.46M
-2.08%
-6.90%
Gross Margin
--
--
--
Operating Margin
32.95%
-29.44%
-8.70%
Net Margin
24.77%
626.39%
-13.78%
EPS
0.45
650.00%
-19.64%
No Data Available
VBTX Earnings Analysis
Veritex Holdings Inc Corporation (VBTX.O) Earnings Conference Call
Positive
Operating Profit Stability: Net operating profit for Q4 2024 reached $2.98 million, translating to $0.54 per share, while full-year operating earnings were $11.94 million or $2.17 per share, indicating stability compared to 2023.
Decline in Criticized Loans: Criticized loans decreased by 20% year-over-year, with a further decline to 28% when accounting for recent payoffs, showcasing effective credit management.
CET1 Ratio Improvement: The CET1 ratio improved by 80 basis points year-over-year, now standing at 11.09%, reflecting a stronger capital position and reduced risk-weighted assets by approximately $75 million.
Non-Interest Income Growth: Operating non-interest income increased by $130,000 to $1.45 million, driven by strong performance in the government guaranteed loan business, indicating growth in fee-based revenue.
Loan Production Surge: Loan production surged by 44% from 2023 to 2024, demonstrating robust demand and operational capacity despite elevated loan payoffs.
Negative
Decline in Net Operating Profit: Net operating profit for Q4 2024 was $2,980,000, or $0.54 per share, which reflects a significant decline compared to previous quarters.
Loan Activity Contraction: Total loans decreased by 1.2% during the quarter and 0.7% year over year, indicating a contraction in lending activity.
Net Interest Income Decline: Net interest income fell by $4,000,000 due to lower deposit yields and higher debt securities volumes, negatively impacting overall financial performance.
Credit Loss Allowance Increase: The allowance for credit losses increased by 25% or $22,000,000, indicating a more conservative approach to potential loan defaults amid economic uncertainties.
Deposit Decline Impact: Non-interest bearing deposits declined due to seasonal fluctuations and the exit of an expensive deposit relationship, which could impact liquidity and funding costs.
VBTX FAQs
How does VBTX typically perform around its earnings report dates?
Is Veritex Holdings Inc (VBTX) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
VBTX Earning Call Sentiment
Earnings call transcript: Veritex Holdings Q4 2024 misses EPS forecast
VBTX.O
1.94%Positive
The earnings call summary presents a mixed picture. While there are positive elements such as improved capital ratios, reduced criticized loans, and strong fee income growth, there are also concerns like competitive pressures, moderate expense growth, and a decline in net interest income. The Q&A section highlights optimism in loan growth and fee businesses but lacks clarity on specific growth timelines. The absence of share buybacks and unchanged dividend policy also contribute to a neutral outlook. Given the small-cap nature of the company, the stock is likely to remain stable within a -2% to 2% range.
