Name | Value |
---|---|
Revenues | 199.2M |
Cost of Revenue | 11.6M |
Gross Profit | 187.6M |
Operating Expense | 25.0M |
Operating I/L | 9.5M |
Other Income/Expense | 9.5M |
Interest Income | -17.8M |
Pretax | 9.5M |
Income Tax Expense | 6.0M |
Net Income/Loss | 3.5M |
Veritex Holdings, Inc. operates as a bank holding company for Veritex Community Bank, offering commercial banking products and services to small and medium-sized businesses, and professionals. The company generates revenue through a range of deposit products, including demand, savings, money market, and time accounts, as well as various loan products such as commercial real estate, mortgage warehouse loans, consumer loans, and purchased receivables financing. Additionally, it provides online banking solutions, debit cards, treasury management services, and cash management deposit products. With 18 branches in the Dallas-Fort Worth metroplex and 10 branches in the Houston metropolitan area, the company serves a diverse customer base.