KBW analyst Catherine Mealor maintained a Buy rating on Veritex (VBTX – Research Report) yesterday and set a price target of $27.00. The company’s shares closed yesterday at $20.77.
According to TipRanks, Mealor is a 5-star analyst with an average return of 12.1% and a 60.63% success rate. Mealor covers the Financial sector, focusing on stocks such as Trustmark, Atlantic Union Bankshares, and Southern States Bancshares.
Currently, the analyst consensus on Veritex is a Strong Buy with an average price target of $25.75.
Based on Veritex’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $116.92 million and a net profit of $38.41 million. In comparison, last year the company earned a revenue of $88.14 million and had a net profit of $33.47 million
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Veritex (VBTX) Company Description:
Veritex Holdings, Inc. engages in the provision of commercial banking products and services to small to medium-sized businesses and professionals. It offers personal and business banking products; mortgages; and treasury services. The company was founded by Charles Malcolm Holland III in June 2009 and is headquartered in Dallas, TX.
Read More on VBTX:
- Veritex Announces Q1 Results Webcast and Quarterly Dividend
- Veritex Holdings, Inc. Declares Cash Dividend on Common Stock
- Veritex Holdings, Inc. Announces Dates of First Quarter 2024 Earnings Release and Conference Call
- Veritex Holdings Announces $50M Stock Buyback and Portfolio Restructuring
- Veritex announces $50M stock buyback program
