Veritex Historical Income Statement
VBTX Stock | USD 30.07 0.70 2.38% |
Historical analysis of Veritex Holdings income statement accounts such as Interest Expense of 344.1 M, Selling General Administrative of 40.3 M, Total Revenue of 763.2 M or Gross Profit of 763.2 M can show how well Veritex Holdings performed in making a profits. Evaluating Veritex Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Veritex Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Veritex Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Veritex Holdings is a good buy for the upcoming year.
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About Veritex Income Statement Analysis
Veritex Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Veritex Holdings shareholders. The income statement also shows Veritex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Veritex Holdings Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Veritex Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Veritex Holdings minus its cost of goods sold. It is profit before Veritex Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Veritex Holdings. It is also known as Veritex Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most accounts from Veritex Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Veritex Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.At this time, Veritex Holdings' Income Tax Expense is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 60 M in 2024, whereas Operating Income is likely to drop slightly above 76.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 333.4M | 422.6M | 726.9M | 763.2M | Total Revenue | 333.4M | 422.6M | 726.9M | 763.2M |
Veritex Holdings income statement Correlations
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Veritex Holdings Account Relationship Matchups
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Veritex Holdings income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 93.7M | 56.1M | 35.7M | 84.8M | 327.8M | 344.1M | |
Selling General Administrative | 72.8M | 79.5M | 94.7M | 117.8M | 26.2M | 40.3M | |
Total Revenue | 315.2M | 313.1M | 333.4M | 422.6M | 726.9M | 763.2M | |
Gross Profit | 315.2M | 313.1M | 333.4M | 422.6M | 726.9M | 763.2M | |
Other Operating Expenses | 199.3M | 225.1M | 157.1M | 21.3M | 34.9M | 60.2M | |
Operating Income | 115.9M | 88.1M | 176.3M | 262.2M | 144.3M | 76.2M | |
Ebit | 126.6M | 88.1M | 178.0M | 186.6M | 144.3M | 72.3M | |
Ebitda | 126.7M | 103.9M | 192.0M | 205.3M | 144.3M | 76.5M | |
Total Operating Expenses | (199.3M) | (225.1M) | (157.1M) | 21.3M | 34.9M | 36.6M | |
Income Before Tax | 115.9M | 88.1M | 176.3M | 186.6M | 144.3M | 151.5M | |
Net Income | 90.7M | 73.9M | 139.6M | 146.3M | 108.3M | 113.7M | |
Depreciation And Amortization | 171.9K | 15.8M | 14.0M | 18.7M | 9.8M | 5.4M | |
Selling And Marketing Expenses | 3.3M | 3.7M | 5.3M | 7.2M | 8.7M | 9.1M | |
Total Other Income Expense Net | 115.9M | (37.7M) | (26.0M) | (29.7M) | 144.3M | 151.5M | |
Income Tax Expense | 25.1M | 14.2M | 36.7M | 40.3M | 36.0M | 37.8M | |
Net Income Applicable To Common Shares | 90.7M | 73.9M | 139.6M | 146.3M | 168.3M | 176.7M | |
Net Income From Continuing Ops | 90.7M | 73.9M | 139.6M | 146.3M | 144.7M | 79.6M | |
Tax Provision | 25.1M | 14.2M | 36.7M | 40.3M | 41.9M | 23.6M | |
Net Interest Income | 285.1M | 265.8M | 280.8M | 364.7M | 409.7M | 227.5M | |
Interest Income | 378.8M | 321.9M | 316.5M | 449.4M | 691.5M | 726.1M | |
Reconciled Depreciation | 15.9M | 15.8M | 10.1M | 10.0M | 19.6M | 12.8M |
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When running Veritex Holdings' price analysis, check to measure Veritex Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veritex Holdings is operating at the current time. Most of Veritex Holdings' value examination focuses on studying past and present price action to predict the probability of Veritex Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritex Holdings' price. Additionally, you may evaluate how the addition of Veritex Holdings to your portfolios can decrease your overall portfolio volatility.