tiprankstipranks
Veritex Highlights Strong Q3 2024 Financial Performance
Company Announcements

Veritex Highlights Strong Q3 2024 Financial Performance

Don't Miss Our Christmas Offers:

An announcement from Veritex ( (VBTX) ) is now available.

Veritex Holdings, Inc. reported notable third-quarter 2024 financial results, highlighting a 9% increase in return on average assets and an 11.60% annualized growth in deposits. The company’s net interest margin expanded to 3.30%, and it declared a $0.20 per share quarterly dividend. Emphasizing strategic balance sheet transformation, Veritex also saw a reduction in nonperforming assets and an increase in common equity tier 1 capital, showcasing strong financial performance and growth potential.

See more data about VBTX stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyVeritex management to meet with Piper Sandler
TheFlyVeritex price target raised to $33 from $30 at DA Davidson
TheFlyVeritex price target raised to $30 from $27 at Piper Sandler
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App