An announcement from Veritex ( (VBTX) ) is now available.
Veritex Holdings, Inc. reported notable third-quarter 2024 financial results, highlighting a 9% increase in return on average assets and an 11.60% annualized growth in deposits. The company’s net interest margin expanded to 3.30%, and it declared a $0.20 per share quarterly dividend. Emphasizing strategic balance sheet transformation, Veritex also saw a reduction in nonperforming assets and an increase in common equity tier 1 capital, showcasing strong financial performance and growth potential.
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