News

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.
(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 ...
Huntington Bancshares Inc. of Columbus agreed to buy Veritex Holdings Inc., which operates more than 30 bank branches in Texas, for $1.9 billion in an all-stock transaction. Adding Veritex, which had ...
UPDATE: This article includes comments from Commerce Street Capital President and CEO Dory Wiley, who advised Huntington on the Veritex deal. Seeking to accelerate a Texas expansion that began last ...
Huntington Bancshares expands in Texas with $1.9B Veritex acquisition, adding 30+ branches in Dallas/Fort Worth and Houston markets.
Per the agreement, Huntington will issue 1.95 shares for each outstanding share of Veritex in a 100% stock transaction. Based on the closing price of HBAN shares on July 11, 2025, the offer ...
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% ...