On October 20, 2025, Huntington Bancshares Incorporated announced that it has closed its merger with Veritex Holdings, Inc., a Dallas‑based bank holding company. The combined entity now has approximately $223 billion in assets, $176 billion in deposits and $148 billion in loans, based on September 30, 2025 balances. The transaction adds Veritex’s 31 Texas branches, bringing Huntington’s total branch network to more than 1,000 locations across 14 states.
The merger expands Huntington’s presence in the Dallas‑Fort Worth and Houston markets, where it already offers middle‑market business banking and automotive finance. Veritex’s president, C. Malcolm Holland III, will join Huntington as Chairman of Texas, continuing to serve local customers and communities. Huntington plans to maintain the existing Veritex branch network and invest to grow it over time, with Veritex customer accounts slated to be converted to Huntington’s systems in the first quarter of 2026.
Strategically, the deal positions Huntington as a stronger, more dynamic bank in one of the fastest‑growing U.S. economies. The acquisition accelerates Huntington’s growth initiatives in Texas, a key market for commercial lending, capital markets, and fee income. By integrating Veritex’s established relationships and branch footprint, Huntington gains immediate scale and market share, enhancing its competitive position and long-term value creation.
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