Date:	--/--/-- --:--:--
Event Id:	E5DGA3P5M
Action Type:	ACQUISITION
Action Status:	ANNOUNCED
Acquirer Symbol:
Target Symbol:	VBTX
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	33.91
Price Per Share Currency:	USD
News References:	https://www.prnewswire.com/news-releases/huntington-bancshares-incorporated-announces-acquisition-of-veritex-and-provides-preliminary-2025-second-quarter-results-302504244.html

Action Notes

Huntington Bancshares Incorporated and Veritex Holdings, Inc today announced entry into a definitive merger agreement . Under the terms of the agreement, Huntington will issue 1.95 shares for each outstanding share of Veritex in a 100% stock transaction. Based on Huntington's closing price of $17.39 as of July 11, 2025, the consideration implies $33.91 per Veritex share or an aggregate transaction value of $1.9 billion. The transaction is expected to be modestly accretive to Huntington's earnings per share, neutral to regulatory capital at close, and slightly dilutive to tangible book value per share with payback in approximately one year inclusive of merger expenses and CECL double count.