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The Columbus, Ohio-based bank is largely focused on growing organically, although it remains “opportunistic” about compelling ...
The bank's acquisition expands its presence across the country in a state that is emerging as a financial hub.
The regional bank will issue 1.95 shares for each outstanding share of Veritex in an all-stock deal. Based on Huntington's closing price of $17.39 on Friday, the transaction is calculated at $33.91 ...
(Reuters) -U.S. regional lender Huntington Bancshares will buy smaller rival Veritex Holdings in a $1.9 billion deal, the companies said on Monday. Regional U.S. lenders, to better compete with larger ...
Based on Huntington's closing price of $17.39 as of July 11, 2025, the consideration implies $33.91 per Veritex share or an aggregate transaction value of $1.9 billion.
Huntington Bancshares announced that it expects to purchase Texas-based Veritex Holdings for $1.9 billion in an all-stock acquisition and targets to close in fourth-quarter 2025.
Huntington Bancshares Incorporated (Nasdaq: HBAN), a top ten regional bank holding company headquartered in Columbus, Ohio, and Veritex Holdings, Inc. (Nasdaq: VBTX), a bank holding company ...
Huntington will issue 1.95 shares for each outstanding share of Veritex, valuing the company at $33.91 per share. The offer price represents a 23.5% premium to Veritex's last close.
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