Veritex Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Veritex Holdings has total assets of $13.0B and total equity of $1.6B. Total deposits are $11.0B, and total loans are $9.5B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $1.1B.
Key information
8.1x
Asset to equity ratio
3.5%
Net interest margin
| Total deposits | US$11.04b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.6% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 47Y's Assets to Equity ratio (8.1x) is low.
Allowance for Bad Loans: 47Y has a sufficient allowance for bad loans (201%).
Low Risk Liabilities: 97% of 47Y's liabilities are made up of primarily low risk sources of funding.
Loan Level: 47Y has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: 47Y's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: 47Y has an appropriate level of bad loans (0.6%).