Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Veritex Holdings's share price for the quarter that ended in Dec. 2023 was $23.27. Veritex Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 54.3 Mil. Therefore, Veritex Holdings's market cap for the quarter that ended in Dec. 2023 was $1,264.5 Mil.
Veritex Holdings's quarterly market cap
increased
from Jun. 2023 ($972.9 Mil) to Sep. 2023 ($974.8 Mil) and
increased
from Sep. 2023 ($974.8 Mil) to Dec. 2023 ($1,264.5 Mil).
Veritex Holdings's annual market cap
declined
from Dec. 2021 ($1,964.0 Mil) to Dec. 2022 ($1,517.2 Mil) and
declined
from Dec. 2022 ($1,517.2 Mil) to Dec. 2023 ($1,264.5 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Veritex Holdings's Enterprise Value for Today is $703.7 Mil.
Veritex Holdings Market Cap Historical Data
The historical data trend for Veritex Holdings's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Veritex Holdings's Market Cap
For the Banks - Regional subindustry, Veritex Holdings's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Veritex Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Veritex Holdings's Market Cap falls into.
Veritex Holdings Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Veritex Holdings's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Veritex Holdings (NAS:VBTX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Veritex Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Veritex Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Veritex Holdings (Veritex Holdings) Business Description
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.
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