About Veritex Bank
Veritex Bank is a company based in Dallas (United States) founded in 2009 was acquired by Huntington National Bank in July 2025.. Veritex Bank has raised $41.19 million across 2 funding rounds from investors including Huntington National Bank. The company has 858 employees as of December 31, 2024. Veritex Bank has completed 6 acquisitions, including Banksov, Green Bank and InterLINK. Veritex Bank offers products and services including Commercial Loans, Personal Checking, SBA Loans, and Treasury Solutions. Veritex Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Dallas, United States
- Employees 858 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Veritex Holdings, Inc.
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Annual Revenue
$796.18 M2.76as on Dec 31, 2024
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Net Profit
$107.24 M-0.94as on Dec 31, 2024
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EBITDA
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Total Equity Funding
$41.19 M (USD)
in 2 rounds
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Latest Funding Round
$5.43 M (USD), Series B
Jan 29, 2014
- Investors
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Employee Count
858
as on Dec 31, 2024
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Investments & Acquisitions
Banksov
& 5 more
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Acquired by
Huntington National Bank
(Jul 14, 2025)
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IPO & Listings of Veritex Bank
Veritex Bank is a publicly listed company on the NASDAQ with ticker symbol VBTX in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Veritex Bank
Veritex Bank offers a comprehensive portfolio of products and services, including Commercial Loans, Personal Checking, SBA Loans, and Treasury Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loans for business operations and expansion
Accounts for everyday personal financial management
Government-backed financing for small business growth
Tools for business payment and receivable management
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Funding Insights of Veritex Bank
Veritex Bank has successfully raised a total of $41.19M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5.43 million completed in January 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $5.4M
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First Round
First Round
(31 Jan 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2014 | Amount | Series B - Veritex Bank | Valuation |
investors |
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| Jan, 2011 | Amount | Series B - Veritex Bank | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Veritex Bank
Veritex Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Huntington National Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Commercial banking services are provided across the United States.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Veritex Bank
Veritex Bank has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Banksov, Green Bank and InterLINK. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Private debt equity firm focused on commercial lending
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2014 | ||||
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Financial advisory services are provided by InterLINK to clients.
|
2011 | ||||
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Commercial banking services are provided by Green Bank in Houston.
|
2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Veritex Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veritex Bank Comparisons
Competitors of Veritex Bank
Veritex Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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| domain | founded_year | HQ Location |
Regional bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided across the United States.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Veritex Bank
Frequently Asked Questions about Veritex Bank
When was Veritex Bank founded?
Veritex Bank was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Veritex Bank located?
Veritex Bank is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Veritex Bank?
Malcolm Holland is the current CEO of Veritex Bank.
Is Veritex Bank a funded company?
Veritex Bank is a funded company, having raised a total of $41.19M across 2 funding rounds to date. The company's 1st funding round was a Series B of $35.76M, raised on Jan 31, 2011.
How many employees does Veritex Bank have?
As of Dec 31, 2024, the latest employee count at Veritex Bank is 858.
What is the annual revenue of Veritex Bank?
Annual revenue of Veritex Bank is $796.18M as on Dec 31, 2024.
What does Veritex Bank do?
Veritex Bank was established in 2009 in Dallas, United States, as a commercial bank focused on the financial sector. Operations are centered in Texas, where deposit accounts, loans, and treasury management services are provided to commercial clients and consumers. Leadership is held by CEO Malcolm Holland, with emphasis placed on regional business lending and community banking practices. Expansion efforts have been pursued to support growth in the Southwest U.S. market.
Who are the top competitors of Veritex Bank?
What products or services does Veritex Bank offer?
Veritex Bank offers Commercial Loans, Personal Checking, SBA Loans, and Treasury Solutions.
Is Veritex Bank publicly traded?
Yes, Veritex Bank is publicly traded on NASDAQ under the ticker symbol VBTX.
How many acquisitions has Veritex Bank made?
Veritex Bank has made 6 acquisitions, including Banksov, Green Bank, and InterLINK.
Who are Veritex Bank's investors?
Veritex Bank has 1 investor. Key investors include Huntington National Bank.
What is Veritex Bank's ticker symbol?
The ticker symbol of Veritex Bank is VBTX on NASDAQ.
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