Key Highlights:
- Veritex Holdings reports significant growth in loan production and net profit of $29 million for Q1 2025.
- Analysts project a one-year price target increase with an average upside of 36.86% from the current price.
- Improved credit metrics bolster the "Outperform" rating from major brokerage firms.
Veritex Holdings' Robust Financial Performance in Q1 2025
Veritex Holdings (VBTX, Financial) has delivered a strong financial performance for the first quarter of 2025, reporting a net operating profit of $29 million, which translates to an earnings per share of $0.54. The bank's aggressive strategy in enhancing loan production and reducing wholesale funding has effectively lowered deposit costs. In addition to these financial strides, the company announced a dividend increase and reported improved credit metrics. However, it is noteworthy that there was a rise in non-performing assets during this period.
Analyst Price Targets and Recommendations
Veritex Holdings Inc (VBTX, Financial) is poised for growth, as reflected in the one-year price targets set by 6 analysts. The average target price is $31.83, with predictions ranging from a high of $34.00 to a low of $30.00. This average target suggests a remarkable upside potential of 36.86% from the current trading price of $23.26. Investors can explore more detailed estimate data on the Veritex Holdings Inc (VBTX) Forecast page.
Consensus from 6 leading brokerage firms indicates that Veritex Holdings Inc (VBTX, Financial) holds an average brokerage recommendation of 2.3, classifying it as "Outperform". This rating scale ranges from 1, denoting Strong Buy, to 5, representing Sell, underscoring the positive sentiment around VBTX.
GuruFocus GF Value Insights
According to estimates by GuruFocus, the projected GF Value for Veritex Holdings Inc (VBTX, Financial) in the next year stands at $26.99. This valuation suggests an upside of 16.04% from the current stock price of $23.26. The GF Value is an indicator of what the stock should be worth, calculated from historical trading multiples, historical growth data, and future performance projections. For a comprehensive analysis, visit the Veritex Holdings Inc (VBTX) Summary page.
