trending Market Intelligence /marketintelligence/en/news-insights/trending/-dwmgtmdSPh3q-XMYp0wuA2 content esgSubNav
In This List

Kroll assigns ratings to Veritex Holdings, unit


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

Kroll assigns ratings to Veritex Holdings, unit

The Kroll Bond Rating Agency assigned Veritex Holdings Inc. a senior unsecured debt rating of BBB, a subordinated debt rating of BBB- and a short-term debt rating of K3.

For the Dallas-based company's unit, Veritex Community Bank, the rating agency assigned deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2.

The outlook for all long-term ratings is stable.

Kroll said that in assigning the ratings, it considered what it deemed Veritex Holdings' strong capital position, active M&A strategy and aggressive growth approach. The rating agency said it also took note of the company's limited earnings diversity and some modest volatility in its asset quality.