Veritex Holdings, Inc. (VBTX)

Veritex Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	849.79	855.2	629.06	436.08	379.78	230.83
Investment Securities	1,533	630.35	504.88	538.21	639.54	397.32
Trading Asset Securities	-	6.39	20.82	36.88	9.18	28.48
Mortgage-Backed Securities	-	871.26	774.71	765.13	592.39	673.84
Total Investments	1,533	1,508	1,300	1,340	1,241	1,100
Gross Loans	9,409	9,514	9,593	9,502	7,395	6,786
Allowance for Loan Losses	-111.77	-111.75	-109.82	-91.05	-77.75	-105.08
Other Adjustments to Gross Loans	-8.6	-8.98	-8.79	-18.97	-9.49	-2.47
Net Loans	9,289	9,393	9,475	9,392	7,307	6,678
Property, Plant & Equipment	112.8	133.39	125.04	125.59	126.33	129.94
Goodwill	404.45	404.45	404.45	404.45	403.77	370.84
Other Intangible Assets	27.97	18.74	28.5	38.33	48.31	58.37
Loans Held for Sale	69.24	89.31	79.07	20.64	26.01	21.41
Accrued Interest Receivable	-	46.33	53.31	44.04	22.01	23.8
Other Receivables	-	5.16	19.13	1.74	9.37	25.52
Long-Term Deferred Tax Assets	-	42.02	40.24	37.83	-	4.66
Other Real Estate Owned & Foreclosed	24.27	24.74	-	-	-	2.34
Other Long-Term Assets	296.29	201.63	186.91	212.28	121.41	103.88
Total Assets	12,606	12,768	12,394	12,154	9,757	8,821
Accounts Payable	151.58	115.59	117.16	85.3	34.76	20.84
Interest Bearing Deposits	8,346	7,505	6,807	5,629	4,202	3,588
Institutional Deposits	-	1,057	1,313	853.66	651.35	827.59
Non-Interest Bearing Deposits	2,319	2,191	2,218	2,641	2,511	2,097
Total Deposits	10,665	10,753	10,338	9,123	7,364	6,513
Short-Term Borrowings	-	40.12	48.61	64	3.74	13.92
Current Portion of Long-Term Debt	-	-	100	-	-	-
Current Portion of Leases	-	4.96	-	-	-	-
Current Income Taxes Payable	-	0.57	0.03	0.57	0.81	0.27
Other Current Liabilities	-	0.87	0.68	0.29	0.5	0.55
Long-Term Debt	-	199.61	198.88	198.09	201.37	234.76
Federal Home Loan Bank Debt, Long-Term	-	-	-	1,175	777.56	777.72
Long-Term Leases	-	15.73	20.51	17.33	18.02	15.6
Trust Preferred Securities	155.91	31.13	30.91	30.69	30.47	30.24
Long-Term Deferred Tax Liabilities	-	-	-	-	2.07	-
Other Long-Term Liabilities	-	6.1	8.05	10.09	9.27	10.75
Total Liabilities	10,973	11,167	10,863	10,705	8,442	7,617
Common Stock	0.62	0.61	0.61	0.61	0.56	0.56
Additional Paid-In Capital	1,330	1,329	1,318	1,307	1,143	1,126
Retained Earnings	526.04	507.9	444.24	379.3	275.27	172.23
Treasury Stock	-180.64	-171.12	-167.58	-167.58	-167.58	-152.07
Comprehensive Income & Other	-42.17	-65.08	-63.46	-69.4	64.07	56.23
Total Common Equity	1,633	1,601	1,531	1,450	1,315	1,203
Shareholders' Equity	1,633	1,601	1,531	1,450	1,315	1,203
Total Liabilities & Equity	12,606	12,768	12,394	12,154	9,757	8,821
Total Debt	155.91	291.55	398.9	1,485	1,031	1,072
Net Cash (Debt)	693.88	570.04	250.98	-1,012	-539.9	-812.94
Net Cash Growth	84.96%	127.12%	-	-	-	-
Net Cash Per Share	12.61	10.37	4.60	-18.76	-10.72	-16.25
Filing Date Shares Outstanding	54.3	54.47	54.5	54.16	49.58	49.42
Total Common Shares Outstanding	54.3	54.52	54.34	54.03	49.37	49.34
Book Value Per Share	30.08	29.37	28.18	26.83	26.64	24.39
Tangible Book Value	1,201	1,178	1,098	1,007	863	774.17
Tangible Book Value Per Share	22.12	21.61	20.21	18.64	17.48	15.69

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q