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Texas Capital Bancshares, Inc. shares rise 1.32% intraday after Huntington Bancshares signs $1.9 billion deal for rival Veritex Holdings.
ByAinvest
Monday, Jul 14, 2025 10:45 am ET1min read
Texas Capital Bancshares, Inc. rose 1.32% intraday, with the company being acquired by Huntington Bancshares in a $1.9 billion all-stock deal. The acquisition is expected to expand Huntington's presence in Texas, a fast-emerging financial hub. The deal is part of a broader trend of consolidation among U.S. banks as they seek to strengthen their balance sheets and achieve greater diversification.
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