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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.
I spoke with Zachary Wasserman, CFO of Huntington Bancshares, a $210 billion regional bank holding company based in Columbus, ...
(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 ...
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 ...
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.
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 ...
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% ...
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.
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.