Veritex Holdings (Veritex Holdings) GF Value Rank : 8 (As of May. 21, 2024)

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What is Veritex Holdings GF Value Rank?

Veritex Holdings has the GF Value Rank of 8.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Veritex Holdings's GF Value Rank

For the Banks - Regional subindustry, Veritex Holdings's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Veritex Holdings's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Veritex Holdings's GF Value Rank falls into.

Veritex Holdings GF Value Rank Related Terms

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Veritex Holdings (Veritex Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Veritex Holdings Inc (NAS:VBTX) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

8214 Westchester Drive, Suite 800, Dallas, TX, USA, 75225

Website

https://www.veritexbank.com

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