Veritex Holdings, Inc.
veritexbank.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q2 FY2025 10-Q, filed Aug 1, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Jan 21, 2026.
10-Q for Q2 FY2025, filed Aug 1, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Provides commercial and retail loans, deposit accounts, and other banking services to individuals, businesses, and professionals in Texas.
10-K for FY2024, filed Mar 3, 2025Veritex is a Texas state banking organization, with corporate offices in Dallas, Texas. The Bank provides a full range of banking services…View ↗
Our primary customers are small and medium-sized businesses, generally with annual revenues of under $30 million, and professionals. We…View ↗
We focus on delivering a wide variety of relationship-driven commercial banking products and services tailored to meet the needs of small…View ↗
How Did They Make Money?
Most income comes from interest on loans and securities, along with fees for customer services and loans and gains from selling government-guaranteed and mortgage loans. Customer-service fees are charged periodically or based on activity as services are provided.
10-K for FY2024, filed Mar 3, 2025
$757.2M
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10-K for FY2024, filed Mar 4, 2025
$757.2M ↗
Who Were Their Customers?
It serves small and medium-sized businesses, professionals, and individual customers with commercial and personal banking services, including loans, deposit accounts, and treasury management.
10-K for FY2024, filed Mar 3, 2025Veritex is a Texas state banking organization, with corporate offices in Dallas, Texas. The Bank provides a full range of banking services…View ↗
Our primary customers are small and medium-sized businesses, generally with annual revenues of under $30 million, and professionals. We…View ↗
Deposits. Deposits are our principal source of funds for our interest-earning assets. We believe that a critical component of our success…View ↗
We offer a full array of commercial treasury management services designed to be competitive with banks of all sizes. Treasury management…View ↗
Did Revenues Turn Into Profits?
Yes. It kept 14 cents of every revenue dollar as net income in FY2024.
10-K for FY2024, filed Mar 4, 2025
10-K for FY2024, filed Mar 4, 2025
$107.2MView ↗
How Were They Changing?
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Oct 20, 2025
Huntington completed its acquisition of Veritex
Veritex and its bank merged into Huntington and its bank; Veritex shares were converted into Huntington shares.
Sources
8-K, filed Oct 20, 2025
Effective as of the Closing Date, Huntington completed its previously announced acquisition of Veritex, pursuant to the Merger Agreement.…View ↗
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Oct 3, 2025
Regulators approved the Huntington–Veritex merger
All required regulatory approvals had been received, clearing the announced transaction to proceed toward closing.
Sources
8-K, filed Oct 3, 2025
On October 3, 2025, Huntington Bancshares Incorporated (“Huntington”) and Veritex Holdings, Inc. (“Veritex”) issued a joint press release…View ↗
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Jul 17, 2025
Veritex agreed to merge with Huntington
Veritex shareholders were to receive 1.95 Huntington shares for each Veritex share.
Sources
8-K, filed Jul 17, 2025
Upon the terms and subject to the conditions set forth in the Merger Agreement, at the effective time of the Merger (the “Effective Time”)…View ↗
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Jul 1, 2025
Veritex appointed a new chief financial officer
William Holford became CFO on July 1, 2025, following Terry Earley's retirement.
Sources
8-K, filed Jul 1, 2025
As previously disclosed by Veritex Holdings, Inc. (the “Company”) in its Current Report on Form 8-K filed with the Securities and Exchange…View ↗
Grew. Revenue grew 2.4x in 4 years, from $321.9M in FY2020 to $757.2M in FY2024, about 24% a year.
Broader noninterest income sources
The latest report describes income growth from the derivative program and non-bank subsidiaries, while the older report describes expanding noninterest income through the derivative program.
10-K for FY2021, filed Mar 1, 2022 10-K for FY2024, filed Mar 3, 2025We remain focused on our organic loan growth and deposit repricing strategy to expand net interest margin. In addition, we are currently…View ↗
We remain focused on our organic loan growth and deposit repricing strategy to expand net interest margin. In addition, we are currently…View ↗
Digital banking
The latest report includes digital banking alongside mobile banking among its services; the older report describes mobile banking.
10-K for FY2021, filed Mar 1, 2022 10-K for FY2024, filed Mar 3, 2025Other Products and Services. We offer banking products and services that are attractively priced and we believe easily understood by…View ↗
Other Products and Services. We offer banking products and services that are attractively priced and we believe easily understood by…View ↗
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