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Veritex Holdings (Veritex Holdings) Debt-to-Equity : 0.22 (As of Mar. 2024)


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What is Veritex Holdings Debt-to-Equity?

Veritex Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Veritex Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $330.0 Mil. Veritex Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,538.5 Mil. Veritex Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.21.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Veritex Holdings's Debt-to-Equity or its related term are showing as below:

VBTX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.33   Max: 1.32
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Veritex Holdings was 1.32. The lowest was 0.08. And the median was 0.33.

VBTX's Debt-to-Equity is ranked better than
80.34% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs VBTX: 0.22

Veritex Holdings Debt-to-Equity Historical Data

The historical data trend for Veritex Holdings's Debt-to-Equity 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.

* Premium members only.

Veritex Holdings Debt-to-Equity Chart

Veritex Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.87 0.76 0.97 0.22

Veritex Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 1.04 0.29 0.22 0.22

Competitive Comparison of Veritex Holdings's Debt-to-Equity

For the Banks - Regional subindustry, Veritex Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veritex Holdings's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Veritex Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Veritex Holdings's Debt-to-Equity falls into.



Veritex Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veritex Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Veritex Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Veritex Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Veritex Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Veritex Holdings (Veritex Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8214 Westchester Drive, Suite 800, Dallas, TX, USA, 75225
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.
Executives
Gregory B Morrison director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Martin Dominic Karaba officer: Chief Banking Officer 1010 GRAND BLVD, KANSAS CITY MO 64106
Terry Earley officer: Chief Financial Officer C/O CRESCENT FINANCIAL BANCSHARES, INC., 1005 HIGH HOUSE ROAD, CARY NC 27513
Fallon William director 8214 WESTCHESTER DRIVE, SUITE 800, DALLAS TX 75225
Gordon Huddleston director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Pat S Bolin director 5950 BERKSHIRE LANE, SUITE 1100, DALLAS TX 75225
Cara Mcdaniel officer: Chief Talent Officer 8214 WESTCHESTER DRIVE, DALLAS TX 75225
John Sughrue director 1807 ROSS AVENUE, SUITE 250, DALLAS TX 75201
Phil Donnelly officer: SEVP, General Counsel 8214 WESTCHESTER DR. SUITE 800, DALLAS TX 75225
Michael Clayton Riebe officer: Chief Credit Officer 8214 WESTCHESTER DRIVE SUITE 400, DALLAS TX 75225
Holland C Malcolm Iii director, officer: Chairman, CEO, President 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Arcilia Acosta director LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Jim Recer officer: Chief Banking Officer 8214 WESTCHESTER DRIVE, DALLAS TX 75225
Manuel J Mehos director COASTAL BANCORP INC, 5718 WESTHEIMER SUITE 600, HOUSTON TX 77057
William Don Ellis director 4000 GREENBRIAR, HOUSTON TX 77098