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AI English summary of an SEC filing — figures as filed

Huntington Bancshares logoHuntington Bancshares HBAN

The company said it completed its acquisition of Veritex Holdings, Inc. on October 20, 2025, with Veritex merging into Huntington and then Veritex Community Bank merging into The Huntington National Bank.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it completed its acquisition of Veritex Holdings, Inc. on October 20, 2025, with Veritex merging into Huntington and then Veritex Community Bank merging into The Huntington National Bank.

  2. The company said that at the effective time of the merger, 1 shares of Veritex common stock outstanding, excluding shares held by the company or Veritex, were converted into the right to receive 1.95 shares of Huntington common stock, with cash paid in lieu of fractional shares.

  3. The company said that as of September 30, 2025, the combined company had approximately $223 billion in assets, $176 billion in deposits and $148 billion in loans, and that with Veritex's 31 branches in Texas, it has more than 1,000 branches.

  4. The company said it will convert Veritex customer accounts to Huntington's systems in Q1 2026, and that Huntington customers will not be affected by the conversion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Completion of Veritex Holdings, Inc. Acquisition and Merger Structure

The company said it completed its acquisition of Veritex Holdings, Inc. on October 20, 2025, with Veritex merging into Huntington and then Veritex Community Bank merging into The Huntington National Bank.

Source · Based on the filing body and exhibits

Veritex Common Stock Exchange Ratio of 1.95

The company said that at the effective time of the merger, 1 shares of Veritex common stock outstanding, excluding shares held by the company or Veritex, were converted into the right to receive 1.95 shares of Huntington common stock, with cash paid in lieu of fractional shares.

Source · Based on the filing body and exhibits

Combined Company Size and Branch Network After Merger

The company said that as of September 30, 2025, the combined company had approximately $223 billion in assets, $176 billion in deposits and $148 billion in loans, and that with Veritex's 31 branches in Texas, it has more than 1,000 branches.

Source · Based on the filing body and exhibits

Veritex Account Conversion Schedule

The company said it will convert Veritex customer accounts to Huntington's systems in Q1 2026, and that Huntington customers will not be affected by the conversion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.