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Veritex Bank

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uuid0002u5o

Namestring
Veritex Bank
Legal namestring
Veritex Holdings, Inc.
Websiteurl
veritexbank.com
Company typeenum
Private
Founded yearint
2010
Descriptiontext

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.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersDallas, United States
HQ citystring
Dallas
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
commercial banking, retail banking, community banking, treasury management, business lending
Industry4 codes
1SME Business Lending (Term Loans, Lines of Credit, Overdrafts)
CodeFSABABABPrimaryYes
2Mass-Market Consumer Deposit Banking (Checking/Savings)
CodeFSABAAAAPrimaryNo
3Small Business Banking (Microbusiness/Sole Proprietor)
CodeFSABAAAIPrimaryNo
4SME Deposits & Business Accounts (Operating, Savings, CDs)
CodeFSABABACPrimaryNo
NAICS code3 codes
  • Commercial Banking522110
  • Commercial Banking52211
  • Depository Credit Intermediation5221
SIC code2 codes
  • National Commercial Banks6021
  • State Commercial Banks6022
Product category
Community Banking
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

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.

Product and service6 records
1Commercial Banking Services
CategoryCommercial Banking
Description

Banking products and services (deposits, lending, treasury management) targeted at small and medium-sized businesses in Dallas/Fort Worth and Houston, Texas.

2Retail / Personal Banking Services
CategoryRetail Banking
Description

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.

3Treasury Management Services
CategoryTreasury Management
Description

Cash management and treasury services for business clients in Veritex's Texas market footprint.

4Online and Mobile Banking
CategoryDigital Banking
Description

Digital banking channel providing customers online and mobile access to deposit, lending, and account management services.

5Wealth Management Services
CategoryWealth Management
Description

Wealth management services for wealth banking clients in Veritex's Texas footprint.

6USDA Business and Industry Lending
CategoryGovernment Lending
Description

USDA Business and Industry (B&I) loan sourcing and origination capabilities established via the acquisition of North Avenue Capital, LLC for $57.5 million.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1North Avenue Capital, LLC
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2021-11-01
Description

Veritex 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.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
1Cullen/Frost Bankers
TypeDirect peer
Description

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.

2Texas Capital Bancshares
TypeDirect peer
Description

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.

3Comerica
TypeDirect peer
Description

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.

4Prosperity Bancshares
TypeDirect peer
Description

Houston-headquartered community bank with significant Texas branch density serving SMBs and consumers, overlapping directly with Veritex's branch-based Texas distribution model.

5Independent Bank Group
TypeDirect peer
Description

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.

6First Financial Bankshares
TypeDirect peer
Description

Texas-headquartered community bank operating across multiple Texas metros with commercial and consumer banking products aimed at small businesses and retail customers.

7Cadence Bank
TypeDirect peer
Description

Regional bank with a strong Texas presence providing commercial banking, treasury management, and SBA lending comparable to Veritex's product suite and SMB focus.

8Huntington Bancshares
TypeBroad incumbent
Description

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.

9Zions Bancorporation
TypeBroad incumbent
Description

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.

10BancorpSouth Bank
TypeRegional player
Description

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

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment6 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Veritex Bank

Community Bankingveritexbank.com

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

  • Commercial banking
  • Retail banking
  • Community banking
  • Treasury management
  • Business lending

Where Veritex Bank is headquartered

Location

Headquarters

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 offering

Core 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 profile

Segments1 record

Ideal customer profiles2 records

Veritex Bank technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Veritex Bank partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • North Avenue Capital, LLCminorStrategic or Co-development Partner · 1 November 2021Veritex 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 assessment

Direct 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 presence

Veritex Bank financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Veritex Bank leadership team

Management profile

Number of profiles

Veritex Bank subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Veritex Bank funding detail

Funding detail

Funding 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 investment

M&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.

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Live signals
Quiver QuantitativeInsider Sale: Executive Vice President & COO of $VMRK Sells 7,825 Shares | VMRK Stock NewsMichael L Manelis, Executive Vice President and COO of Veritex Holdings (VMRK), sold 7,825 shares for approximately $503,225 following an SEC filing. This transaction represents about 14.9% of his holdings in this stock class, leaving him with 44,713 shares. The sale is part of a broader trend of insider selling at the company, with four executives executing sales totaling over $2.5 million in the past six months.Quiver QuantitativeInsider Sale: Director at $VMRK Sells 8,000 Shares | VMRK Stock NewsCharles E. Jr. Mueller, a director at Veritex Holdings Inc. (VMRK), sold 8,000 shares for approximately $511,200 on August 18, 2026. This transaction represents about 33.2% of his holdings in this class of stock, leaving him with 16,084 shares following the sale. Recent data indicates that VMRK insiders have conducted two sales and zero purchases in the past six months.Simply Wall StIs Huntington Bancshares (HBAN) Fairly Valued After Q2 Earnings And Higher Charge Offs?Huntington Bancshares reported second quarter results featuring solid earnings, an affirmed common dividend, and completion of a share repurchase tranche, though the bank also disclosed higher net charge offs that contributed to short-term share price pressure. The stock trades at $17.36, representing a 14.6% discount to the most followed fair value estimate of $20.34, with the valuation supported by the company's expansion into Texas through the Veritex acquisition and organic growth in high population growth markets. The article identifies integration risks around the Veritex expansion and ongoing pressure from digital competitors as key risks that could undermine the case for the higher valuation.ZacksHuntington Q2 Earnings Match Estimates as NII & Fee Income Rise Y/YHuntington Bancshares Incorporated reported second-quarter 2026 adjusted earnings per share of 39 cents, matching Zacks Consensus Estimate and rising from 35 cents a year ago, with net income attributable to common shareholders reaching $727 million, up 36% year over year. Total revenues increased 46% year over year to $2.86 billion, driven by a 40% rise in net interest income to $2.07 billion and a 67% jump in non-interest income to $785 million, though non-interest expenses also surged 51% to $1.81 billion. The company completed the systems conversion of Cadence Bank in June 2026, marking the final major integration milestone, and realized $70 million of annualized run-rate expense savings from its October 2025 Veritex acquisition, while credit quality deteriorated with non-performing assets rising to $1.61 billion from $852 million.PR NewswireHuntington Bank Opens First Branch in SummervilleHuntington Bank announced the opening of its first full-service branch in Summerville, South Carolina, marking its fourth branch in the state and 11th in the Carolinas. The new location at 103 Station St. is part of Huntington's previously announced plan to open approximately 55 branches across North Carolina and South Carolina. The expansion reflects Huntington's broader growth strategy, supported by recent mergers with Cadence Bank and Veritex Community Bank, which have strengthened its platform for organic growth.AInvestHuntington's 19% QoQ NII Jump Is Winning Over Bulls-But July 23 Will Decide if the Revaluation SticksHuntington Bancshares reported first-quarter net interest income of $174.2 billion in average total loans and leases, representing a 19% quarter-over-quarter increase and 33% year-over-year growth, with commercial lending driving $20.9 billion of the $27.6 billion total loan increase. The bank completed systems conversion of Veritex Holdings in mid-January and closed its Cadence Bank partnership on February 1, 2026, with full integration expected by Q2 2026, though adjusted EPS remained flat at $0.37 due to integration costs. The stock is trading around $17.46 below its 52-week high of $19.45, and the market is awaiting the July 23 second-quarter earnings report to determine whether the Q1 improvement reflects sustainable performance or a one-quarter anomaly.American BankerHow new payments tech is fueling Huntington's merger conversionsHuntington Bancshares has joined The Clearing House's CHIPS corporate payment network to support its integration of two recently acquired banks and modernize its international payment systems. The $285 billion-asset bank acquired Dallas-based Veritex for $1.9 billion and Houston-based Cadence Bank for $7.4 billion in 2025, expanding its footprint particularly in Texas. CHIPS, which processes approximately $2 trillion per day across 43% of the U.S. banking market, offers Huntington a redundancy option alongside FedWire to improve payment resilience for its growing base of large corporate clients.YahooHow new payments tech is fueling Huntington's merger conversionsHuntington Bancshares has joined The Clearing House's CHIPS corporate payment system to modernize its payment infrastructure while integrating two recently acquired banks, Veritex and Cadence Bank, in deals worth $1.9 billion and $7.4 billion respectively. The $285 billion-asset bank aims to improve international payments and payment resilience for its expanded corporate client base following the acquisitions. The Clearing House is simultaneously expanding CHIPS and its RTP rail to support blockchain-based payments and tokenized bank deposits.American BankerHuntington reports strong returns from its Texas strategyHuntington Bancshares senior executives at the Morgan Stanley Financial Institutions Conference said cost cuts and revenue synergies from two Texas bank acquisitions will drive increased earnings and improved financial metrics next year. The company has achieved $70 million in cost savings from the Veritex acquisition and projects $435 million in cumulative cost synergies by end of 2026 and $500 million in revenue synergies by end of 2028 from both the Veritex and Cadence deals. Huntington is targeting earnings per share of $1.90 to $1.93 in 2027, with the Cadence systems conversion scheduled for later this month showing positive early signs including retaining over 990 of 1,000 Cadence associates and a 10-fold increase in digital account openings.PR NewswireHuntington Bank Opens First Branch in GreensboroHuntington Bank announced the opening of its first full-service branch in Greensboro, North Carolina at 1401 Four Seasons Station Drive, marking its third branch in the Triad area. The Greensboro branch is part of Huntington's announced plan to open approximately 55 branches across North Carolina and South Carolina as it expands its franchise presence in the Carolinas. Earlier this year, Huntington completed its mergers with Cadence Bank and Veritex Community Bank, creating a platform for further organic growth in the region.