Veritex Holdings Intrinsic Value Calculation – Veritex Holdings to Report Quarterly Earnings on Tuesday

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Veritex Holdings ($NASDAQ:VBTX) is a Dallas-based bank holding company that specializes in commercial banking, treasury management, and mortgage services. This report will be closely watched by investors as it is one of the first indicators of how the company has been performing since the start of the COVID-19 pandemic. The bank has experienced a tumultuous quarter, with uncertainty in the markets due to the pandemic causing stock prices to fluctuate. It will be interesting to see how Veritex navigates the current economic climate and whether or not they will be able to meet analysts’ expectations.

Investors will be looking for details about how the company has been able to manage its expenses in this difficult time and what changes they are making to their business model in order to remain competitive. Tuesday’s earnings announcement could provide much-needed insight into these questions.

Market Price

On Tuesday, Veritex Holdings reported their quarterly earnings, with their stock opening at $18.4 and closing at $19.0. This represents a 3.3% increase from the previous closing price of 18.4. This positive momentum is a promising sign for the company’s future trends. Investors have been keeping a close eye on Veritex Holdings as the company continues to enjoy steady growth.

The earnings report is an indication that the company’s strategies are successful and investors are increasingly confident in its ability to perform. This will be a great opportunity for investors to gain exposure to Veritex Holdings’ potential in the near future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Veritex Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Veritex Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Veritex Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Veritex Holdings are shown below. More…

Analysis – Veritex Holdings Intrinsic Value Calculation

As GoodWhale, our analysis of VERITEX HOLDINGS‘ wellbeing shows that its fair value is around $37.2, calculated by our proprietary Valuation Line. Currently, VERITEX HOLDINGS’ stock is trading at $19.0, indicating significant undervaluation of 48.9%. We believe that the company is undervalued and that investors should take advantage of this opportunity. The company has a strong financial position and sound fundamentals, making it an attractive investment option for investors looking to make a long-term commitment. More…

Peers

It operates through its subsidiary Veritex Community Bank and serves the Dallas-Fort Worth and Houston metropolitan areas of Texas. Veritex Holdings Inc faces competition from other financial companies such as Paragon Financial Solutions Inc, Hope Bancorp Inc, and Stellar Bancorp Inc. These companies also offer commercial banking services, making the marketplace competitive.

– Paragon Financial Solutions Inc ($OTCPK:PGNN)

Paragon Financial Solutions Inc is a financial services company based in Toronto, Canada. Its market cap of 9.17M as of 2022 reflects the company’s financial stability and strength in the industry. Paragon Financial Solutions Inc provides a variety of services such as corporate finance, capital markets, structured finance, and other related services. The company also provides consulting, research, and advisory services to clients all over the world. With its experienced team and innovative solutions, Paragon Financial Solutions Inc continues to provide its customers with quality services and advice.

– Hope Bancorp Inc ($NASDAQ:HOPE)

Hope Bancorp Inc is a financial services company based in Los Angeles, California. It provides commercial banking, real estate lending, international banking, and private banking services to small businesses, middle-market companies, and individuals. As of 2022, the company has a market cap of 1.53B, which reflects the strength of its business model and the trust investors have in the company. Hope Bancorp Inc continues to expand its product offerings and services to further its growth potential.

– Stellar Bancorp Inc ($NASDAQ:STEL)

Stellar Bancorp Inc is a financial services company based in the United States. The company provides banking, insurance, mortgage, and wealth management services to its customers. As of 2022, Stellar Bancorp Inc has a market cap of 1.54 billion dollars. This market capitalization is the total value of all of the company’s outstanding stock. Market capitalization is an important measure of a company’s size and it can be used to compare different companies. By having a market cap of 1.54 billion dollars, Stellar Bancorp Inc is one of the more sizeable companies in the financial services industry.

Summary

The company is expected to have benefited from its focus on organic growth and a strong net interest income due to the extended low-interest rate environment. Analysts predict the company could have achieved record profits, as well as a strong balance sheet. Investors will likely be looking for news regarding the company’s loan and deposit portfolio, as well as the performance of its wealth management and digital banking services. Additionally, the company is expected to provide an update on its strategies for supporting sustained profitability and long-term growth.