Veritex Holdings Inc
NASDAQ:VBTX

Watchlist Manager
Veritex Holdings Inc Logo
Veritex Holdings Inc
NASDAQ:VBTX
Watchlist
Price: 27.1 USD -2.59% Market Closed
Market Cap: 1.5B USD
Have any thoughts about
Veritex Holdings Inc?
Write Note

Veritex Holdings Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Veritex Holdings Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Veritex Holdings Inc
NASDAQ:VBTX
Tax Provision
-$29.5m
CAGR 3-Years
1%
CAGR 5-Years
-7%
CAGR 10-Years
-29%
PNC Financial Services Group Inc
NYSE:PNC
Tax Provision
-$1.2B
CAGR 3-Years
1%
CAGR 5-Years
-8%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Tax Provision
-$664.3m
CAGR 3-Years
-3%
CAGR 5-Years
-2%
CAGR 10-Years
-3%
Truist Financial Corp
NYSE:TFC
Tax Provision
$885m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Tax Provision
-$576m
CAGR 3-Years
7%
CAGR 5-Years
1%
CAGR 10-Years
0%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Tax Provision
-$978m
CAGR 3-Years
-82%
CAGR 5-Years
-50%
CAGR 10-Years
-32%
No Stocks Found

Veritex Holdings Inc
Glance View

Market Cap
1.5B USD
Industry
Banking

Veritex Holdings Inc., headquartered in Dallas, is a compelling narrative of strategic growth and community commitment within the banking industry. Born from a vision to deliver relationship-driven banking experiences, Veritex has crafted a robust financial institution that serves small to medium-sized businesses and individual customers across Texas. The bank's growth has been strategically aligned with the economic boom in its Texan markets, leveraging acquisitions and organic growth to expand its footprint. With a focus on personalized service, Veritex blends a traditional banking ethos with modern financial solutions, offering a comprehensive suite of products from commercial loans and treasury services to personal banking solutions. At its core, Veritex makes money by expertly driving its interest income and non-interest income streams. The institution earns most of its revenue through the careful orchestration of interest rates – charging borrowers more for loans than what it pays depositors. This classic banking model is augmented by a diversified portfolio that includes income from service charges, payroll fees, and strategic advisory services for businesses. By maintaining a keen eye on risk management and community support, Veritex balances profitability with sustainable growth, aiming to build lasting trust and value for its stakeholders. The bank's success story is a testament to its agility and focus in navigating the complexities of modern banking while anchoring its operations in the dynamic economic backdrop of Texas.

VBTX Intrinsic Value
33.07 USD
Undervaluation 18%
Intrinsic Value
Price

See Also

What is Veritex Holdings Inc's Tax Provision?
Tax Provision
-29.5m USD

Based on the financial report for Sep 30, 2024, Veritex Holdings Inc's Tax Provision amounts to -29.5m USD.

What is Veritex Holdings Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
-29%

Over the last year, the Tax Provision growth was 30%. The average annual Tax Provision growth rates for Veritex Holdings Inc have been 1% over the past three years , -7% over the past five years , and -29% over the past ten years .

Back to Top