Huntington Bancshares Incorporated (HBAN) and Veritex Holdings, Inc. have entered into a definitive merger agreement, marking a significant milestone for both companies.
Financial terms and additional details were disclosed during the announcement.
This acquisition enhances Huntington Bancshares Incorporated’s strong organic growth in Texas by expanding its footprint in Dallas/Fort Worth and Houston, with the deal expected to close early in the fourth quarter of 2025.
Committed to continuing Veritex’s legacy of community support, Huntington Bancshares Incorporated is investing $10 million toward philanthropic efforts in Texas.
Steve Steinour, Chairman, President and CEO of Huntington Bancshares Incorporated, emphasized that the combination aligns with their ambitions and underscores their long-term dedication to Texas, one of the fastest-growing economies in the nation.
