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BRIEF-Huntington Bancshares Incorporated Announces Acquisition Of Veritex And Provides Preliminary 2025 Second Quarter Results
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BRIEF-Huntington Bancshares Incorporated Announces Acquisition Of Veritex And Provides Preliminary 2025 Second Quarter Results
Jul 14, 2025 5:26 AM

July 14 (Reuters) - Huntington Bancshares Inc ( HBAN ):

* HUNTINGTON BANCSHARES INCORPORATED ANNOUNCES ACQUISITION

OF

VERITEX AND PROVIDES PRELIMINARY 2025 SECOND QUARTER RESULTS

* HUNTINGTON BANCSHARES INC OUTLOOK Q2 NET INTEREST INCOME

OF $1.5

BILLION

* HUNTINGTON BANCSHARES INC ( HBAN ): WILL ISSUE 1.95 SHARES FOR

EACH

OUTSTANDING SHARE OF VERITEX IN A 100% STOCK TRANSACTION

* HUNTINGTON BANCSHARES ( HBAN )- CONSIDERATION IMPLIES $33.91 PER

VERITEX

SHARE OR AN AGGREGATE TRANSACTION VALUE OF $1.9 BILLION

* HUNTINGTON BANCSHARES INC OUTLOOK Q2 EPS $0.34

* HUNTINGTON BANCSHARES INC ( HBAN ): TRANSACTION IS EXPECTED TO BE

MODESTLY ACCRETIVE TO HUNTINGTON'S EARNINGS PER SHARE

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