Veritex Holdings
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Veritex Holdings's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 11% to $377,748,000. Profit margin reached 29%. Total operating expenses were $196,381,000.
Profit Margin
| 2014 | 27.83M | 5.20M | 18.7% |
|---|---|---|---|
| 2015 | 35.16M | 8.79M | 25% |
| 2016 | 47.45M | 12.55M | 26.45% |
| 2017 | 76.08M | 15.15M | 19.91% |
| 2018 | 126.09M | 39.34M | 31.2% |
| 2019 | 315.17M | 90.73M | 28.79% |
| 2020 | 313.14M | 73.88M | 23.59% |
| 2021 | 333.42M | 139.58M | 41.86% |
| 2022 | 422.62M | 146.31M | 34.62% |
| 2023 | 377.74M | 108.26M | 28.66% |
VBTX Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 377.74M | 422.62M | 333.42M | 313.14M | 315.17M | 126.09M | 76.08M | 47.45M | 35.16M | 27.83M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 377.74M | 422.62M | 333.42M | 313.14M | 315.17M | 126.09M | 76.08M | 47.45M | 35.16M | 27.83M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 8.70M | 7.17M | 5.34M | 3.65M | 3.25M | 1.78M | 1.29M | 983K | 799K | 186K |
Total operating expenses | 196.38M | 21.32M | -157.12M | -225.05M | -199.31M | 34.07M | 23.29M | 15.97M | 12.51M | 10.93M |
Operating income | 174.87M | 262.19M | 176.30M | 88.08M | 115.86M | 80.28M | 39.22M | 24.65M | 16.36M | 10.82M |
Other income (expenses), net | -30.58M | -75.56M | 176.30M | -37.66M | 115.86M | -30.04M | -7.95M | -5.64M | -2.34M | 0 |
Income before tax | 144.28M | 186.63M | 176.30M | 88.08M | 115.86M | 50.23M | 28.18M | 19.05M | 12.90M | 7.91M |
Income tax expense | 36.02M | 40.31M | 36.72M | 14.20M | 25.12M | 10.89M | 13.02M | 6.50M | 4.11M | 2.70M |
Net income | 108.26M | 146.31M | 139.58M | 73.88M | 90.73M | 39.34M | 15.15M | 12.55M | 8.79M | 5.20M |
Earnings per share | ||||||||||
Basic EPS | 2 | 2.75 | 2.83 | 1.48 | 1.71 | 1.63 | 0.82 | 1.16 | 0.87 | 0.74 |
Diluted EPS | 1.98 | 2.71 | 2.77 | 1.48 | 1.68 | 1.6 | 0.81 | 1.14 | 0.85 | 0.73 |
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