Huntington Bancshares Incorporated and Veritex Holdings, Inc. have announced the receipt of all required regulatory approvals for their pending merger. The merger is expected to be completed on October 20, 2025. Huntington Bancshares is a $208 billion asset regional bank holding company headquartered in Columbus, Ohio, with 971 branches in 13 states, while Veritex Holdings, Inc. is based in Dallas, Texas.
The merger involves the approval of the board of governors of the Federal Reserve System and the Office of the Comptroller of the Currency for the proposed merger of Veritex with and into Huntington, with Huntington continuing as the surviving corporation, and the merger of Veritex Community Bank with and into the Huntington National Bank.
The press release does not provide specific financial metrics or changes in metrics since the last period. The market has reacted to these announcements by moving the company's shares 1.0% to a price of $17.21. For the full picture, make sure to review HUNTINGTON BANCSHARES INC /MD/'s 8-K report.