NasdaqGS:HBANBanks
Huntington Bancshares’ Cadence And Veritex Deals Reset The Investment Story
Huntington Bancshares has completed the acquisitions of Cadence and Veritex, significantly increasing its scale.
The deals expand Huntington's asset, deposit, and loan base, and broaden its regional banking footprint.
These transactions represent a major shift in the long term profile of NasdaqGS:HBAN beyond routine earnings updates.
Huntington Bancshares, trading at around $16.615 per share, now sits in a different peer group after absorbing Cadence and Veritex. The stock has returned...