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Vertex, Inc. VERX Number Of Banks

Number Of Banks at other companies

Trex Company logo
Trex CompanyTREX
0.30.0%
Center Bancorp logo
Center BancorpCNOB
58
Northwest Bancshares logo
Northwest BancsharesNWBI
161+14.2%
WaFd, Inc. logo
WaFd, Inc.WAFD
208-0.5%
M&T Bank logo
M&T BankMTB
3K-20.8%
Stifel Financial logo
Stifel FinancialSF
3-25.0%

Other financials

Income statement

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Revenue$196.6M+11.1%
Gross profit$124.9M+10.5%
Operating income-$10.6M-336%
Net income-$2.5M-123%

Balance sheet

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Cash & equivalents$252.5M-6.6%
Total debt$350.1M-0.3%
Total equity$246.5M+23.0%
Total assets$1.2B+5.2%

Cash flow

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Operating cash flow$38.0M+157%
CapEx$22.0M
Free cash flow$16.0M

Valuation

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Market cap$1.8B-65.7%

Profitability

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Gross margin64.3%-0.3pp
Operating margin-1.1%-2.4pp
Net margin-7.3%
FCF margin20.1%+18.4pp

Returns & leverage

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Return on equity-20.5%
Debt / equity1.4×-0.3×
Current ratio0.9×-0.1×

Where this comes from

Reported directly by Vertex, Inc. in its filing.

Tagged under the XBRL concept verx:NumberOfBanks.

The official record: Vertex, Inc.’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vertex, Inc.'s number of banks?
Vertex, Inc. (VERX) reported number of banks of 1 in Q4 2025.
How has Vertex, Inc.'s number of banks changed year-over-year?
Vertex, Inc.'s number of banks decreased by 0.0% year-over-year, from 1 to 1.
What is the long-term trend for Vertex, Inc.'s number of banks?
Over 3 years (2022 to 2025), Vertex, Inc.'s number of banks has grown at a 0.0% compound annual growth rate (CAGR), from 4 to 4.
What does number of banks mean?
Represents the total count of financial institutions with which the company maintains active banking relationships. This metric provides insight into the company's treasury management complexity and the diversification of its banking partners.