Veritex Q1 GAAP net income $24.2M; EPS $0.44 down 37% YoY; declares $0.20 dividend

Veritex Holdings, Inc.

2024-Q1 EPS reported $0.44

GAAP net income $24.2M ($0.44 diluted EPS) vs $38.4M ($0.70) in Q1 2023.
Operating (non-GAAP) earnings $29.1M ($0.53) vs $43.3M ($0.79) in Q1 2023.
Book value per share $28.23; tangible book value $20.33 per share.
Quarterly cash dividend of $0.20 per share declared, payable May 24 to holders of record May 10.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Veritex Holdings, Inc. reported quarter ended March 31, 2024 results: net income $24,156, EPS 0.44.

Period: quarter ended March 31, 2024
Net income: $24,156
EPS: 0.44
Result: reported results

Exact text from the filing

On April 23, 2024, Veritex Holdings, Inc. (the “Company”), the holding company for Veritex Community Bank, a Texas state chartered bank, issued a press release describing its results of operations for the first quarter and year ended March 31, 2024.

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Source: SEC EDGAR

accession 0001501570-24-000110

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