Veritex Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
January 26, 2022 at 02:37 am IST
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Veritex Holdings, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported net interest income was USD 76.74 million compared to USD 66.77 million a year ago. Net income was USD 41.51 million compared to USD 22.8 million a year ago. Basic earnings per share from continuing operations was USD 0.84 compared to USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.82 compared to USD 0.46 a year ago.
For the full year, net interest income was USD 280.78 million compared to USD 265.8 million a year ago. Net income was USD 139.58 million compared to USD 73.88 million a year ago. Basic earnings per share from continuing operations was USD 2.83 compared to USD 1.48 a year ago. Diluted earnings per share from continuing operations was USD 2.77 compared to USD 1.48 a year ago.
Veritex Holdings, Inc. is a bank holding company. The Company conducts banking activities through its wholly owned subsidiary, Veritex Community Bank (the Bank), a Texas state bank, which provides a full range of banking services, including commercial and retail lending and checking and savings deposit products, to individual and corporate customers. It operates through the community banking segment. The Bank provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals. It offers online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as ATMs, and mobile and digital banking, mail and personal appointments. It also offers debit cards, night depository, direct deposit, cashierâs checks and letters of credit. It also offers a full array of commercial treasury management services.
VERITEX HOLDINGS, INC. 
