ICYMI: Huntington Banking on Texas
July 21, 2025
11 min
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4,824 of 5,353
July 21, 2025
ICYMI: Huntington Banking on Texas
0:00 / 11:19
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11:19This episodeICYMI: Huntington Banking on Texas
Summary
<p>It was big week for Huntington Bancshares, which agreed to buy Veritex Holdings for $1.9 billion in stock, expanding its presence in Dallas, Fort Worth and Houston. The acquisition is aimed at accelerating Huntington's organic growth initiatives in high-growth Texas markets. Meanwhile the Ohio-based lender also reported strong quarterly earnings, reflecting growth in loans and deposits, sustained strong revenue and profit growth, as well as continued excellent credit performance<br /><br />Zach Wasserman, CFO of Huntington Bancshares, explains why Texas is so important to his the company's broader strategy, and also addresses what uncertainty over Federal Reserve policy and leadership mean for the financial sector. Zach speaks with Tim Stenovec, Sonali Basak and Nina Trentmann on Bloomberg Businessweek Daily.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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