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Huntington Strengthens Texas Presence With Veritex Acquisition
ZACKS· 2025-10-22 18:46
Key Takeaways HBAN closed its $1.9B all-stock merger with Veritex, expanding its Texas presence and branch network.The combined company holds $223B in assets and expects stronger loan and deposit growth post-merger.HBAN raised its 2025 NII growth outlook to 10-11% and projects efficiency gains and higher ROTCE.Huntington Bancshares, Inc. (HBAN) has completed its merger with Veritex Holdings, Inc. in a $1.9 billion all-stock transaction, strengthening its commitment to the Texas market.Both Huntington and Ve ...