Huntington Bancshares has finalized its merger with Veritex Holdings, a bank holding company headquartered in Dallas, Texas.
The acquisition will expand the Columbus, Ohio-based bank’s presence in Dallas-Fort Worth and Houston.
“We’re pleased to announce the completion of our combination with Veritex and look forward to welcoming our new colleagues and customers across Texas to Huntington,” Steve Steinour, chairman, president and CEO of Huntington, said. “This combination will serve as a springboard for substantial future growth in Texas.”
Combined, the company now has approximately $223 billion in assets, $176 billion in deposits and $148 billion in loans. With Veritex’s 31 branches in Texas, Huntington will have more than 1,000 branches in its network. Also, C. Malcolm Holland III, Veritex Holdings president and CEO, has joined Huntington in a non-executive role as Chairman of Texas.
“Today marks a defining moment for Veritex and Huntington as we officially come together to create a stronger, more dynamic bank,” Holland said. “This combination is the beginning of a new chapter built on shared values, expanded capabilities, and a deep commitment to our customers and communities. I’m incredibly proud of the teams who made this possible and excited for the opportunities ahead.”
Huntington has been serving customers in Texas since 2009 and currently offers middle-market business banking solutions in the Dallas and Houston markets. Huntington was the #1 SBA lender in Texas in 2024.
“Texas is one of the most dynamic and fastest-growing economies in the country,” Brant Standridge, president of Consumer & Regional Banking at Huntington, said. “We’re grateful to be able to strengthen our long-term commitment to the state and bring our capabilities to more individuals, families and businesses across Texas.”
Both Huntington and Veritex customers will continue to bank as normal at their existing branches. Veritex customer accounts will be converted to Huntington’s systems in the first quarter of 2026, and Veritex customers will receive detailed information about the pending account conversions in the coming weeks.