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, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement between the two companies.
Huntington Bancshares Incorporated, a $208 billion asset regional bank holding company, is headquartered in Columbus, Ohio. The Huntington National Bank and its affiliates provide banking, payments, wealth management, and risk management products and services. The company operates 971 branches in 13 states.
Veritex Holdings, Inc., on the other hand, is a financial services company based in Dallas, Texas. The company's shareholders approved the merger at the Veritex special meeting of shareholders on September 22, 2025.
This merger marks a significant development in the financial industry, and the completion of the transaction will bring about changes in the financial metrics and market position of the combined entity. It will be interesting to see how the financial performance of the newly merged company evolves in the coming quarters. Following these announcements, the company's shares moved 1.0%, and are now trading at a price of $17.21. For the full picture, make sure to review HUNTINGTON BANCSHARES INC /MD/'s 8-K report.