Veritex Holdings's Total Assets for the quarter that ended in Mar. 2024 was $12,708.4 Mil.
Warning Sign:
If a company builds assets at 24.3% a year, faster than its revenue growth rate of 9.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Veritex Holdings's average Total Assets Growth Rate was -0.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 24.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 39.20% per year.
During the past 13 years, Veritex Holdings's highest 3-Year average Total Assets Growth Rate was 79.10%. The lowest was 12.20%. And the median was 39.00%.
The historical data trend for Veritex Holdings's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Veritex Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Veritex Holdings (NAS:VBTX) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Veritex Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Veritex Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Veritex Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Veritex Holdings (Veritex Holdings) Business Description
Veritex Holdings Inc is engaged in the provision of commercial banking products and services to small to medium-sized businesses and professionals. The bank provides a range of banking services to individual and corporate customers, which include commercial and retail lending, and the acceptance of checking and savings deposits. It offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as automated teller machines, and banking by telephone, mail and personal appointment. The company's primary sources of revenue are derived from interest and dividends earned on loans, debt and equity securities and other financial instruments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VBTX has been successfully added to your 