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U.S. regional lender Huntington Bancshares will buy Texas-based smaller rival Veritex Holdings in a $1.9 billion all-stock deal, as it looks to expand its presence in the state that is fast emerging ...
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 ...
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 to acquire Veritex Holdings in $1.9 billion deal, expanding its Texas presence and reshaping Dallas-Fort Worth's banking landscape.
Huntington Bancshares expands in Texas with $1.9B Veritex acquisition, adding 30+ branches in Dallas/Fort Worth and Houston markets.
(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 ...
In other recent news, Huntington Bancshares has announced its agreement to acquire Veritex Holdings in an all-stock transaction valued at $1.9 billion. This acquisition will significantly expand ...
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% ...