Veritex Holdings

Veritex Holdings, Inc. is a bank holding company. The Company, through its subsidiary, Veritex Community Bank (the Bank), a Texas state chartered bank, provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals. The Company operates through community banking segment. The Bank provides a range of banking services to individual and corporate customers, which include commercial and retail lending, and the acceptance of checking and savings deposits. It offers a full suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as automated teller machines (ATMs), and banking by telephone, mail and personal appointment. The Bank also offers debit cards, night depository, direct deposit, cashier's checks and letters of credit, as well as treasury management services.
Company Growth (employees)
Type
Public
HQ
Dallas, US
Size (employees)
166 (est)+2%
Veritex Holdings is headquartered in Dallas, US

Veritex Holdings Office Locations

Veritex Holdings has an office in Dallas
Dallas, US (HQ)
400 8214 Westchester Dr

Veritex Holdings Data and Metrics

Veritex Holdings Financial Metrics

Veritex Holdings's revenue was reported to be $14.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

14.6 m

Gross profit (Q1, 2017)

12.8 m

Gross profit margin (Q1, 2017), %

88%

Net income (Q1, 2017)

3.1 m

EBIT (Q1, 2017)

10.4 m

Market capitalization (21-Sep-2017)

397.5 m

Cash (31-Mar-2017)

285.7 m
Veritex Holdings's current market capitalization is $397.5 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

28.3 m38.6 m53.1 m

Revenue growth, %

37%37%

Cost of goods sold

3.5 m5.6 m

Gross profit

35.2 m47.5 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

8.1 m8.4 m10.6 m12.2 m12.9 m13.9 m14.6 m

Cost of goods sold

732 k789 k921 k1.1 m1.2 m1.5 m1.8 m

Gross profit

7.3 m7.7 m9.7 m11.1 m11.6 m12.4 m12.8 m

Gross profit Margin, %

91%91%91%91%90%89%88%
USDFY, 2014FY, 2015FY, 2016

Cash

93.3 m71.6 m234.8 m

Accounts Receivable

1.5 m2.2 m2.9 m

Inventories

1.1 m870 k1.7 m

Goodwill

19.1 m26.9 m26.9 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

67.7 m85.5 m63.3 m123.5 m92.4 m127.2 m178.6 m285.7 m

Goodwill

19.1 m19.1 m19.1 m26 m26.9 m26.9 m26.9 m26.9 m

Total Assets

745.3 m808.9 m827.1 m1 b1.1 b1.2 b1.3 b1.5 b

Accounts Payable

644.5 m668.3 m673.1 m842.6 m946.1 m1 b1.1 b1.2 b
USDFY, 2014FY, 2015FY, 2016

Net Income

5.2 m8.8 m12.6 m

Depreciation and Amortization

1.3 m1.4 m380 k

Accounts Receivable

(220 k)(122 k)(32.7 m)

Inventories

(2.8 m)690 k(7.5 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.4 m1.8 m3.7 m6.2 m2.8 m3.2 m3.4 m3.1 m

Depreciation and Amortization

338 k325 k647 k1 m95 k95 k95 k95 k

Accounts Receivable

1.4 m2.3 m2.3 m2.4 m2.8 m

Accounts Payable

1.3 m284 k2.1 m1.6 m2.1 m1.6 m
USDY, 2017

Revenue/Employee

89.6 k

Financial Leverage

6.3 x
Show all financial metrics

Veritex Holdings Operating Metrics

Veritex Holdings's Total Loans Issued was reported to be $1.1 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$603.31 m$613.84 m$624.97 m$756.54 m$820.57 m$856.86 m$914.12 m$954.05 m$991.9 m$1.01 b$1.07 b

Non-performing Loans

$436 k$323 k$312 k$428 k$675 k$666 k$6.66 m$1.44 m€1.78 m$1.9 m$1.53 m
Show all operating metrics

Veritex Holdings Market Value History

Traffic Overview of Veritex Holdings

Veritex Holdings Online and Social Media Presence

Veritex Holdings Company Life and Culture

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