Huntington Bancshares Surges to 66th in Trading Volume with $1.177 Billion Day Amid Veritex Acquisition

On July 14, 2025, Huntington Bancshares Incorporated (HBAN) experienced a significant trading day with a volume of $1.177 billion, marking a 247.51% increase from the previous day. This surge placed Huntington in the 66th position in terms of trading volume for the day. However, the stock price of Huntington Bancshares Incorporated (HBAN) declined by 1.84%, marking the second consecutive day of decline, with a total decrease of 2.79% over the past two days.

Huntington Bancshares Incorporated announced its acquisition of Veritex Holdings, Inc. in an all-stock deal valued at $1.9 billion. This strategic move is aimed at accelerating Huntington's organic growth initiatives in high-growth Texas markets, particularly in Dallas/Fort Worth and Houston. The acquisition is expected to strengthen Huntington's presence in these key regions, where Veritex has a strong foothold.

Under the terms of the agreement, Veritex shareholders will receive 1.95 shares of Huntington stock for every Veritex share they own. This deal is expected to close in the early fourth quarter of 2025, after which Veritex's teams and branches will operate under the Huntington Bank name and brand. Malcolm Holland, CEO of Veritex, will join Huntington as Chairman of Texas in a non-executive role.

Huntington Bancshares Incorporated is a regional bank holding company with $210 billion in assets, headquartered in Columbus, Ohio. The company provides a full range of banking, payments, wealth management, and lending services to consumers, businesses, and institutions across 13 states. Veritex Holdings, the parent company of Veritex Community Bank, is a Dallas-based bank with approximately $13 billion in assets, $9 billion in loans, and $11 billion in deposits as of March 2025.