Veritex Triggers MACD Death Cross, KDJ Death Cross on 15-Minute Chart

Veritex's 15-minute chart has recently triggered a MACD Death Cross and KDJ Death Cross at 10:15 AM on October 10, 2025. This technical indicator suggests that the stock price has the potential to continue declining, and the momentum of the stock price is shifting towards the downside, with the potential for further decreases in value.

Columbus, Ohio-based Huntington Bancshares (NASDAQ: HBAN) and Dallas, Texas-based Veritex Holdings (NASDAQ: VBTX) have officially received all necessary regulatory approvals for their proposed merger, marking a significant milestone in the regional banking sector. This strategic consolidation, set to close on October 20, 2025, is expected to reshape Huntington's geographic footprint and dividend strategies.

The merger, announced on October 3, 2025, received approval from both the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency. Huntington Bancshares, with approximately $208 billion in assets, will absorb Veritex, including Veritex Community Bank, into Huntington National Bank. Veritex shareholders will receive 1.95 shares of Huntington common stock for each share of Veritex common stock they own Huntington Bancshares and Veritex Holdings Merger Approved: A New Era for Regional Banking and Dividend Strategies^[1].

Investors are closely watching the dividend policies of the combined entity. Huntington's long-standing commitment to shareholder returns, with 55 consecutive years of dividend payments, suggests that the merger will uphold a disciplined approach to capital allocation. Veritex, prior to the merger, also demonstrated a commitment to quarterly dividends, with a conservative payout ratio. The expectation is that the combined entity will maintain a stable dividend outlook for former Veritex shareholders now invested in Huntington Huntington Bancshares and Veritex Holdings Merger Approved: A New Era for Regional Banking and Dividend Strategies^[1].

The merger journey began in July 2025 when Huntington and Veritex announced their definitive merger agreement, an all-stock transaction valued at approximately $1.9 billion. Veritex shareholders overwhelmingly approved the transaction at a special meeting held on September 22, 2025. The regulatory approvals were the final hurdles, clearing the path for the anticipated closing on October 20, 2025 Huntington Bancshares and Veritex Holdings Merger Approved: A New Era for Regional Banking and Dividend Strategies^[1].

Financial advisory services were provided by Evercore and Commerce Street Capital, LLC for Huntington, with Wachtell, Lipton, Rosen & Katz serving as legal advisor. For Veritex, Keefe, Bruyette & Woods, a Stifel Company, acted as financial advisor, and Simpson Thacher & Bartlett LLP served as legal advisor Huntington Bancshares and Veritex Holdings Merger Approved: A New Era for Regional Banking and Dividend Strategies^[1].

The immediate implications of the merger for investors include access to a broader array of financial products and services, potential stability and long-term growth prospects, and a commitment to dividend payments. Customers in Texas, particularly former Veritex clients, will benefit from Huntington's comprehensive suite of banking, payments, wealth management, and risk management products. Huntington has also committed $10 million towards philanthropic investments in Texas Huntington Bancshares and Veritex Holdings Merger Approved: A New Era for Regional Banking and Dividend Strategies^[1].

Veritex Holdings employees may face challenges during the merger, including potential job redundancies in overlapping areas such as corporate offices, HR, and IT. Competitors in the Texas market will also feel the ripple effects, with increased competition for deposits, loans, and customer relationships. Some Veritex customers might experience short-term disruptions during the transition of accounts and systems or miss the localized, community-focused service of a smaller bank Huntington Bancshares and Veritex Holdings Merger Approved: A New Era for Regional Banking and Dividend Strategies^[1].

The approval of the Huntington Bancshares and Veritex Holdings merger is more than just a corporate transaction; it reflects broader industry trends within the U.S. regional banking sector. Regional banks are increasingly pursuing mergers to achieve greater scale, enhance efficiency, and expand geographically. This trend is driven by rising operational costs, intense deposit competition, and a more permissive regulatory environment Huntington Bancshares and Veritex Holdings Merger Approved: A New Era for Regional Banking and Dividend Strategies^[1].

In the short-term, the primary focus will be on the seamless integration of Veritex's operations into Huntington. This includes combining technology platforms, harmonizing business processes, and transitioning customers. The long-term strategy will involve capitalizing on the combined entity's expanded footprint to drive growth and profitability Huntington Bancshares and Veritex Holdings Merger Approved: A New Era for Regional Banking and Dividend Strategies^[1].