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 313M USD for 2020 and 315M USD for 2019.

How many employees does Veritex Community Bank have?

Veritex Community Bank has 636 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%)

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