Huntington Bancshares to Acquire Veritex in $1.9B All-Stock Deal
Huntington Bancshares Incorporated is set to acquire Veritex Holdings in an all-stock market deal valued at approximately $1.9 billion. The merger, expected to close in early Q4 2025, has received approval from the Federal Reserve Board of Governors and the Office of the Comptroller of the Currency. The final closure is scheduled for October 20, 2025.
The acquisition, an all-stock market deal worth approximately $1.9 billion, will see Huntington Bancshares become the acquiring party. The merger has received the green light from regulatory bodies, including the Federal Reserve Board of Governors and the Office of the Comptroller of the Currency. This approval paves the way for the final closure on October 20, 2025.
Following the approval, Huntington Bancshares' stock rose by 1.0% in late Friday trading. This positive market reaction reflects investor confidence in the merger's potential benefits.
The merger between Huntington Bancshares and Veritex Holdings is on track to close in October 2025. With regulatory approval secured and a positive stock market response, the all-stock deal valued at $1.9 billion is expected to proceed smoothly.
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