Veritex Holdings is a bank holding company. Through its subsidiary, Veritex Community Bank, Co. provides a range of banking services, including commercial and retail lending and checking and savings deposit products, to individual and corporate customers. Co.'s services include typical deposit functions of commercial banks, safe deposit facilities and commercial and personal banking services, in addition to its loan offerings. Co. provides an array of commercial treasury management services including balance reporting (including current day and previous day activity), transfers between accounts, wire transfer initiation, automated clearinghouse origination and stop payments. The VBTX YTD return is shown above.
The YTD Return on the VBTX YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether VBTX YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the VBTX YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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