Veritex Bank
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 315m | 313m | 333m | 423m | 449m | 434m | 456m |
% growth | 150 % | (1 %) | 6 % | 27 % | 6 % | (3 %) | 5 % |
Profit | 90.7m | 73.9m | 140m | 146m | 108m | - | - |
% profit margin | 29 % | 24 % | 42 % | 35 % | 24 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $5.4m | Early VC | |
N/A | N/A | IPO | |
N/A | $75.0m | Post IPO Debt | |
Total Funding | €4.9m |
Recent News about Veritex Bank
EditVeritex Community Bank is a financial institution dedicated to serving the communities of Dallas, Houston, and Fort Worth, Texas. The bank offers a range of services including treasury management, direct deposit, credit card merchant services, and various community banking solutions. Veritex focuses on helping small businesses with working capital financing, equipment purchases, cash management, and real estate construction and acquisition. The bank operates with a strong emphasis on integrity, truth, and transparency, providing personalized and attentive service to its clients. Veritex Community Bank generates revenue through traditional banking services, fees from treasury management, and interest from loans. The bank is also a member of the Federal Deposit Insurance Corporation (FDIC), ensuring the safety of deposits. Additionally, Veritex has embraced the digital age by shifting to a paperless office concept.
Keywords: community banking, treasury management, small business loans, real estate financing, integrity, personalized service, FDIC insured, digital banking, Texas, financial services.