Veritex Holdings Inc
Veritex Holdings, Inc. operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses and professionals in the United States. The company accepts deposit products, such as demand, savings, money market, and time accounts. Its loan products include commercial real estate (CRE) and general commercia… Read more
Veritex Holdings Inc (VBTX) - Net Assets
Latest net assets as of June 2025: $1.65 Billion USD
Based on the latest financial reports, Veritex Holdings Inc (VBTX) has net assets worth $1.65 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.53 Billion) and total liabilities ($10.88 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.65 Billion |
| % of Total Assets | 13.16% |
| Annual Growth Rate | 31.14% |
| 5-Year Change | 33.05% |
| 10-Year Change | 1112.51% |
| Growth Volatility | 43.06 |
Veritex Holdings Inc - Net Assets Trend (2012–2024)
This chart illustrates how Veritex Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Veritex Holdings Inc (2012–2024)
The table below shows the annual net assets of Veritex Holdings Inc from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.60 Billion | +4.55% |
| 2023-12-31 | $1.53 Billion | +5.63% |
| 2022-12-31 | $1.45 Billion | +10.24% |
| 2021-12-31 | $1.32 Billion | +9.28% |
| 2020-12-31 | $1.20 Billion | +1.06% |
| 2019-12-31 | $1.19 Billion | +124.41% |
| 2018-12-31 | $530.64 Million | +8.53% |
| 2017-12-31 | $488.93 Million | +104.67% |
| 2016-12-31 | $238.89 Million | +80.91% |
| 2015-12-31 | $132.05 Million | +16.53% |
| 2014-12-31 | $113.31 Million | +71.07% |
| 2013-12-31 | $66.24 Million | +7.08% |
| 2012-12-31 | $61.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veritex Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 50790300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $507.90 Million | 31.72% |
| Common Stock | $613.00K | 0.04% |
| Other Comprehensive Income | $-65.08 Million | -4.06% |
| Other Components | $1.16 Billion | 72.30% |
| Total Equity | $1.60 Billion | 100.00% |
Veritex Holdings Inc Competitors by Market Cap
The table below lists competitors of Veritex Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sumber Alfaria Trijaya Tbk
JK:AMRT
|
$1.59 Billion |
|
Skyward Specialty Insurance Group, Inc. Common Stock
NASDAQ:SKWD
|
$1.59 Billion |
|
Zhejiang Dingli Mach Co Ltd
SHG:603338
|
$1.59 Billion |
|
Kiniksa Pharmaceuticals Ltd
NASDAQ:KNSA
|
$1.59 Billion |
|
ShenZhen YUTO Packaging Technology Co Ltd
SHE:002831
|
$1.59 Billion |
|
Six Flags Entertainment Corporation
NYSE:FUN
|
$1.59 Billion |
|
Scatec Solar OL
OL:SCATC
|
$1.59 Billion |
|
Montea C.V.A.
BR:MONT
|
$1.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veritex Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,531,323,000 to 1,601,069,000, a change of 69,746,000 (4.6%).
- Net income of 107,241,000 contributed positively to equity growth.
- Dividend payments of 43,580,000 reduced retained earnings.
- Share repurchases of 3,537,000 reduced equity.
- Other comprehensive income decreased equity by 1,613,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $107.24 Million | +6.7% |
| Dividends Paid | $43.58 Million | -2.72% |
| Share Repurchases | $3.54 Million | -0.22% |
| Other Comprehensive Income | $-1.61 Million | -0.1% |
| Other Changes | $11.23 Million | +0.7% |
| Total Change | $- | 4.55% |
Book Value vs Market Value Analysis
This analysis compares Veritex Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.34x to 1.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $3.63 | $30.26 | x |
| 2011-12-31 | $6.48 | $30.26 | x |
| 2012-12-31 | $6.83 | $30.26 | x |
| 2013-12-31 | $7.31 | $30.26 | x |
| 2014-12-31 | $15.84 | $30.26 | x |
| 2015-12-31 | $12.78 | $30.26 | x |
| 2016-12-31 | $21.60 | $30.26 | x |
| 2017-12-31 | $25.99 | $30.26 | x |
| 2018-12-31 | $21.58 | $30.26 | x |
| 2019-12-31 | $22.06 | $30.26 | x |
| 2020-12-31 | $24.05 | $30.26 | x |
| 2021-12-31 | $26.12 | $30.26 | x |
| 2022-12-31 | $26.87 | $30.26 | x |
| 2023-12-31 | $28.05 | $30.26 | x |
| 2024-12-31 | $29.13 | $30.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veritex Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.45%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 7.97x
- Recent ROE (6.70%) is above the historical average (5.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -5.15% | -77.27% | 0.07x | 1.00x | $-5.00 Million |
| 2011 | 0.19% | 0.68% | 0.27x | 1.00x | $-5.76 Million |
| 2012 | 2.39% | 6.42% | 0.04x | 8.47x | $-4.71 Million |
| 2013 | 5.15% | 13.16% | 0.04x | 10.04x | $-3.22 Million |
| 2014 | 4.59% | 16.92% | 0.04x | 7.08x | $-6.13 Million |
| 2015 | 6.66% | 22.76% | 0.04x | 7.87x | $-4.41 Million |
| 2016 | 5.25% | 23.64% | 0.04x | 5.90x | $-11.34 Million |
| 2017 | 3.10% | 17.39% | 0.03x | 6.02x | $-33.74 Million |
| 2018 | 7.41% | 25.20% | 0.05x | 6.05x | $-13.72 Million |
| 2019 | 7.62% | 22.19% | 0.05x | 6.68x | $-28.34 Million |
| 2020 | 6.14% | 20.01% | 0.04x | 7.33x | $-46.45 Million |
| 2021 | 10.61% | 37.81% | 0.04x | 7.42x | $8.08 Million |
| 2022 | 10.09% | 28.84% | 0.04x | 8.38x | $1.34 Million |
| 2023 | 7.07% | 14.89% | 0.06x | 8.09x | $-44.87 Million |
| 2024 | 6.70% | 13.45% | 0.06x | 7.97x | $-52.87 Million |
Industry Comparison
This section compares Veritex Holdings Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $22,823,266,317
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veritex Holdings Inc (VBTX) | $1.65 Billion | -5.15% | 6.60x | $1.59 Billion |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.91 Billion |
| ACNB Corporation (ACNB) | $106.80 Million | 8.72% | 8.79x | $452.68 Million |
| Addiko Bank AG (ADBKF) | $6.08 Billion | 0.58% | 0.00x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $80.78 Million | 3.82% | 9.53x | $79.98 Million |
| Absa Group Limited (AGRPF) | $56.49 Billion | 12.11% | 11.71x | $6.72 Billion |
| AIB Group plc (AIBGY) | $2.74 Billion | 18.02% | 16.84x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $153.61 Billion | 39.08% | 6.47x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $8.37 Billion | 34.92% | 7.81x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $235.94 Million | 14.17% | 11.96x | $248.47 Million |