Veritex Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Veritex Holdings has total assets of $12.7B and total equity of $1.5B. Total deposits are $10.7B, and total loans are $9.6B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are $740.8M.
Key information
8.3x
Asset to equity ratio
3.5%
Net interest margin
Total deposits | US$10.65b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.9% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$740.77m |
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 (8.3x) is low.
Allowance for Bad Loans: 47Y has a sufficient allowance for bad loans (131%).
Low Risk Liabilities: 95% 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 (75%).
Low Risk Deposits: 47Y's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: 47Y has an appropriate level of bad loans (0.9%).