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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 ...
I spoke with Zachary Wasserman, CFO of Huntington Bancshares, a $210 billion regional bank holding company based in Columbus, ...
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, a bank holding company based in Columbus, Ohio, has announced a definitive merger agreement with Dallas-based Veritex Holdings. According to the terms of the agreement ...
Huntington Bancshares to acquire Veritex Holdings in $1.9 billion deal, expanding its Texas presence and reshaping Dallas-Fort Worth's banking landscape.
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.
Veritex is the 10th-largest commercial bank in Texas. With the deal – expected to close in the fourth quarter – Texas becomes Huntington’s third-largest state in terms of deposits.
Veritex Chief Executive Malcolm Holland will join Huntington in a non-executive role as chairman of the Texas unit. Shares of Veritex rose 20% to $32.99, while Huntington's stock ticked down 1.5% ...