Veritex Bank
- Company typePrivate
- Founded2010
- HeadquartersDallas, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Veritex Bank does
Veritex Community Bank, operating as the banking subsidiary of Veritex Holdings, Inc. (NASDAQ: VBTX), was a Texas state-chartered community bank headquartered in Dallas that provided commercial and retail banking products and services to small and medium-sized businesses and consumers. Founded in 2010, Veritex operated more than 30 branches concentrated in the Dallas/Fort Worth and Houston metropolitan markets, serving as a relationship-oriented community bank with deposit accounts, lending products, treasury management, and online and mobile banking services. As of March 31, 2025, Veritex held approximately $13 billion in assets, $9 billion in loans, and $11 billion in deposits. Revenue was generated primarily through net interest income on the loan portfolio, supplemented by deposit fees, treasury management services, and other non-interest income typical of a community banking franchise.
Historically, Veritex pursued an active acquisition-led growth strategy, completing multiple bank and specialty lender acquisitions — Liberty Bank (2017), Green Bank (~2018), North Avenue Capital (2021, adding USDA B&I lending), and InterLINK (2022) — to expand its Texas footprint, lending capabilities, and balance-sheet scale. The company was publicly traded on NASDAQ until being acquired by Huntington Bancshares in an all-stock transaction valued at approximately $1.9 billion, announced July 14, 2025 and closed October 20, 2025, with Veritex shareholders receiving 1.95 Huntington shares per Veritex share. Following the merger, Veritex was removed from the S&P indices, and full system conversion to Huntington Bank was completed on January 20, 2026, at which point former Veritex branches operated as Huntington Bank branches and Veritex ceased to exist as an independent operating entity.
Veritex Bank firmographics
Firmographics- Name
- Veritex Bank
- Legal name
- Veritex Holdings, Inc.
- Website
- https://veritexbank.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Acquired
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Veritex Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), State Commercial Banks (6022)
- akta.pro primary industry
- SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)
- akta.pro secondary industries
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
Keywords
Where Veritex Bank is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Markets served
Veritex Bank business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Distribution channels1 record
Veritex Bank product offering
Product offeringCore offering
Veritex Community Bank provided commercial and retail banking services to businesses and consumers across Dallas/Fort Worth and Houston, Texas. Its core offerings included deposit accounts, commercial and consumer loans, treasury management, wealth management, and digital (online and mobile) banking, delivered through a network of more than 30 branches.
Product overview
Veritex Bank operated as a single unified banking product, providing commercial and retail banking services primarily in Texas markets (Dallas/Fort Worth and Houston) through over 30 branches. The company offered deposit accounts, lending products, online banking, and treasury management services. Veritex was acquired by Huntington Bancshares in October 2025 and its systems were fully converted to Huntington Bank in January 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Banking Services Banking products and services (deposits, lending, treasury management) targeted at small and medium-sized businesses in Dallas/Fort Worth and Houston, Texas.
- Retail / Personal Banking Services Personal banking services (checking/savings deposits, consumer lending, account access) for individual customers in Texas, served through branches, online banking, and a dedicated Personal Banking Customer Support line.
- Treasury Management Services Cash management and treasury services for business clients in Veritex's Texas market footprint.
- Online and Mobile Banking Digital banking channel providing customers online and mobile access to deposit, lending, and account management services.
- Wealth Management Services Wealth management services for wealth banking clients in Veritex's Texas footprint.
- USDA Business and Industry Lending USDA Business and Industry (B&I) loan sourcing and origination capabilities established via the acquisition of North Avenue Capital, LLC for $57.5 million.
Companies that use Veritex Bank
Customer profileSegments1 record
Ideal customer profiles2 records
Veritex Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Veritex Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- North Avenue Capital, LLCminorVeritex Holdings completed its acquisition of North Avenue Capital, LLC for $57.5 million in cash, with an additional $5 million possible based on performance. NAC was a leader in the USDA B&I lending program, and the acquisition enhanced Veritex's USDA lending capabilities.
Scale indicators6 records
Recent moves7 records
Expansion highlights4 records
Veritex Bank competitors and assessment
Company assessmentDirect peers
- Cullen/Frost Bankers: Texas-headquartered commercial and retail bank serving Dallas/Fort Worth, Houston, Austin, San Antonio, and other major Texas metros with comparable SME, treasury, and consumer banking offerings.
- Texas Capital Bancshares: Dallas-based commercial bank focused on business clients across Texas including Dallas/Fort Worth and Houston, with overlapping middle-market lending, treasury management, and deposit products.
- Comerica: Commercial bank with a strong Texas footprint in Dallas and Houston, providing business banking, middle-market lending, and treasury management comparable to Veritex's product mix.
- Prosperity Bancshares: Houston-headquartered community bank with significant Texas branch density serving SMBs and consumers, overlapping directly with Veritex's branch-based Texas distribution model.
- Independent Bank Group: Texas-based community bank with branches across Dallas/Fort Worth and Houston, providing commercial lending, deposits, and treasury management to small and medium-sized businesses.
- First Financial Bankshares: Texas-headquartered community bank operating across multiple Texas metros with commercial and consumer banking products aimed at small businesses and retail customers.
- Cadence Bank: Regional bank with a strong Texas presence providing commercial banking, treasury management, and SBA lending comparable to Veritex's product suite and SMB focus.
Broad incumbents
- Huntington Bancshares: Top-10 U.S. regional bank that acquired Veritex for $1.9B; operates a broader multi-product commercial and consumer banking franchise across the Midwest and mid-Atlantic with growing Texas presence.
- Zions Bancorporation: Multi-state regional bank holding company with comparable community/commercial banking subsidiaries and SBA lending capabilities, providing a larger-scale analog to Veritex's model.
Regional players
- BancorpSouth Bank: Community-oriented commercial bank operating across the South/Southwest with SME lending, treasury management, and community banking products that overlap with Veritex's offering, though centered outside Texas.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Veritex Bank social profiles
Digital presenceVeritex Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Veritex Bank leadership team
Management profileNumber of profiles
Veritex Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
Veritex Bank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Veritex Bank M&A and investment
M&A and investmentM&A4 records
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Veritex Bank
What does Veritex Bank do?
Veritex Community Bank provided commercial and retail banking services to businesses and consumers across Dallas/Fort Worth and Houston, Texas. Its core offerings included deposit accounts, commercial and consumer loans, treasury management, wealth management, and digital (online and mobile) banking, delivered through a network of more than 30 branches.
Is Veritex Bank a public or private company?
Veritex Bank is a private company. It is classified as corporate owned and is currently acquired.
When was Veritex Bank founded?
Veritex Bank was founded in 2010. It employs 501 to 1,000 people.
Where is Veritex Bank based?
Veritex Bank is headquartered in Dallas, United States, in the North America region.
Who are Veritex Bank's main competitors?
Direct peers on record are Cullen/Frost Bankers, Texas Capital Bancshares, Comerica, Prosperity Bancshares, Independent Bank Group, First Financial Bankshares and Cadence Bank. Broad incumbents are Huntington Bancshares and Zions Bancorporation. BancorpSouth Bank is listed as a regional player.
Does Veritex Bank have an API?
No public API is recorded for Veritex Bank.
What industry is Veritex Bank in?
Veritex Bank's product category is Community Banking. Its primary akta.pro industry code is FSABABAB, SME Business Lending (Term Loans, Lines of Credit, Overdrafts), with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 522110 and its SIC code is 6021.