Veritex Community Bank - M&A Summary and Business Overview

Financial ServicesCompany

Veritex Community Bank M&A Summary

Veritex Community Bank has acquired 6 companies, including 2 in the last 5 years.

Veritex Community Bank’s largest acquisition to date was in 2022, when it acquired StoneCastle Insured Sweep for $91M. Veritex Community Bank has acquired in 4 different US states. The Company’s most targeted sectors include financial services (100%).

Veritex Community Bank Business Overview

Where is Veritex Community Bank headquartered?

Veritex Community Bank is headquartered in Dallas, Texas.

What is Veritex Community Bank’s revenue?

Veritex Community Bank disclosed revenue of 449M USD for 2023 and 423M USD for 2022.

How many employees does Veritex Community Bank have?

Veritex Community Bank has 820 employees.

What sector is Veritex Community Bank in?

Veritex Community Bank is a financial services company.

When was Veritex Community Bank founded?

Veritex Community Bank was founded in 2009.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 5

Veritex Community Bank

Veritex Holdings, Inc.

8214 Westchester Drive, Suite 400,
Dallas, Texas 75225
United States,
(972) 349-6200
www.veritexbank.com

Veritex Community Bank is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas metropolitan area. Veritex Community Bank (www.veritexbank.com) is a Texas state-chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System. Veritex Community Bank was founded in 2009 and is based in Dallas, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 4 - 1 1 - - 6
vol $21M $58M $91M $169M
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
StoneCastle Insured Sweep LLC 2022-03-03 91M USD Divestiture
New York, New York · www.interlinksweep.com
North Avenue Capital LLC 2021-09-21 58M USD Add-on Acquisition
Ponte Vedra, Florida · www.northavenue.com
Green Bancorp, Inc. 2018-07-24 - Merger
Houston, Texas · www.greenbank.com
Liberty Bancshares, Inc. (LBI) 2017-08-01 - Add-on Acquisition
Fort Worth, Texas
Sovereign Bancshares, Inc. 2017-08-01 - Add-on Acquisition
Dallas, Texas
IBT Bancorp, Inc. 2015-07-01 21M USD Divestiture
Irwin, Pennsylvania
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 6 (100%) 169M (100%) - -
Total 6 $169M - -

By Geo

State/Country Buy Value Sell Value
United States 6 169M - -
  Texas 3 - - -
  Pennsylvania 1 21M - -
  New York 1 91M - -
  Florida 1 58M - -
Total 6 $169M - -

Top M&A Advisors

Financial Deals
Keefe, Bruyette, & Woods, Inc.
 2
Goldman Sachs
 1
Legal Deals
Norton Rose Fulbright
 2
Covington & Burling
 2
Skadden, Arps, Slate, Meagher & Flom
 1

Deal Values

buy # Total
< $100M 3 $169M
TOTAL $169M
Largest StoneCastle Insured Sweep LLC
$91M (2022-03-03)

M&A Connections

Deals
Acquired from
Strategic(s)
33%
2 (33%)

Company Summary

SECTOR

Financial Services

Revenue

449   7% 2023
423   28% 2022
333   7% 2021
313   1% 2020
315   150% 2019
126   66% 2018
76   2017
(millions of USD) Show More Show Less

Employees

820

Established

2009

Public

NASDAQ: VBTX

 Subscribe to unlock this and 208,055
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Veritex Community Bank

Texas Companies , Financial Services Companies , United States Companies , Texas Financial Services Companies , Texas Financial Services with Acquisitions , Texas Financial Services with Divestitures

Related Lists for Texas Companies

Largest Texas Companies , Acquisitive Texas Companies , Recently Acquired Texas Companies , Recently Sold Texas Companies , Private Texas Companies , Public Texas Companies , Acquired Texas Companies , PE Backed Texas Companies

Related Lists for Financial Services Companies

Largest Financial Services Companies , Acquisitive Financial Services Companies , Recently Acquired Financial Services Companies , Recently Sold Financial Services Companies , Private Financial Services Companies , Public Financial Services Companies , Acquired Financial Services Companies , PE Backed Financial Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal