Company: HBAN
Filing Date: 2025-08-08
Form Type: S-4/A
Source: 0001140361-25-029894
Chunk: 294

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-08-08
Form: S-4/A
Chunk 294
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 and (x) other financial information concerning the businesses and operations of Veritex and Huntington furnished to us by Veritex and Huntington or which we were otherwise directed to use for purposes of our analyses. Our consideration of financial information and other factors that we deemed appropriate under the circumstances or relevant to our analyses included, among others, the following: (i) the historical and current financial position and results of operations of Veritex and Huntington; (ii) the assets and liabilities of Veritex and Huntington; (iii) the nature and terms of certain other merger transactions and business combinations in the banking industry; (iv) a comparison of certain financial and stock market information for Veritex and Huntington with similar information for certain other companies, the securities of which are publicly traded; (v) publicly available consensus “street estimates” of Veritex, as well as assumed Veritex long-term growth rates provided to us by Veritex management, all of which information was discussed with us by such management and used and relied upon by us at the direction of Veritex management and with the consent of the Board; and (vi) publicly available consensus “street estimates” of Huntington, as well as certain assumed Huntington long-term growth rates, all of which information was discussed with us by Huntington management and used and relied upon by us based on such discussions, at the direction of Veritex management and with the consent of the Board. We have also performed such other studies and analyses as we considered appropriate and have taken into account our assessment of general economic, market and financial conditions and our experience in other transactions, as well as our experience in securities valuation and knowledge of the banking industry generally. We have also participated in discussions with the management of Veritex regarding the past and current business operations, regulatory relations, financial condition and future prospects of Veritex and Huntington and such other matters as we have deemed relevant to our inquiry. We have not been requested to assist, and have not assisted, Veritex with soliciting indications of interest from third parties regarding a potential transaction with Veritex.

In conducting our review and arriving at our opinion, we have relied upon and assumed the accuracy and completeness of all of the financial and other information that was provided to or discussed with us or that was publicly available and we have not independently verified the accuracy or completeness of any such information or assumed any responsibility or liability for such verification, accuracy or completeness. We have relied upon the management of Veritex as to the reasonableness and achievability