Huntington to Strengthen Texas Presence With Veritex Buyout

Key Takeaways HBAN announced a definitive agreement to acquire Veritex in a $1.9B all-stock transaction. The deal brings $13B in assets, $9B in loans, and $11B in deposits to HBAN's balance sheet. Veritex branches will rebrand as Huntington Bank, with plans to grow the Texas footprint.Huntington Bancshares (HBAN) has announced a definitive agreement to acquire Veritex Holdings, Inc. (VBTX) , a bank holding company headquartered in Dallas, TX. The all-stock transaction is valued at $1.9 billion.Details of ...