Veritex Holdings Reports Strong Q1 2023 Results with Net Income of $38.4 Million

Veritex Holdings, Inc.(VBTX) and its subsidiaries have r eleased their unaudited consolidated financial statements for the first quarter ended March 31, 2023. The report showcases the company's solid performance during the period, with impressive growth in both net income and revenue.

Net Income Highlights

Veritex Holdings reported a net income of $38.4 million for the three months ended March 31, 2023. This represents a substantial increase compared to the same period last year, where the company recorded a net income of $33.5 million. The significant surge in net income demonstrates the company's successful financial management and efficient utilization of its assets.

Revenue Growth