Company: HBAN
Filing Date: 2025-07-21
Form Type: S-4
Source: 0001140361-25-026508
Chunk: 70

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-21
Form: S-4
Chunk 70
---
 be) with respect to each quarter during the three (3)-year period ended December 31, 2024 as well as the quarter ended March 31, 2025; |

| • | certain other interim reports and other communications of Veritex and Huntington to their respective shareholders and stockholders; and |

| • | other financial information concerning the businesses and operations of Veritex and Huntington furnished to KBW by Veritex and Huntington or which KBW was otherwise directed to use for purposes of KBW’s analyses. |

KBW’s consideration of financial information and other factors that it deemed appropriate under the circumstances or relevant to its analyses included, among others, the following:

| • | the historical and current financial position and results of operations of Veritex and Huntington; |

| • | the assets and liabilities of Veritex and Huntington; |

| • | the nature and terms of certain other merger transactions and business combinations in the banking industry; |

| • | 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; |

| • | publicly available consensus “street estimates” of Veritex, as well as assumed Veritex long-term growth rates provided to KBW by Veritex management, all of which information was discussed with KBW by such management and used and relied upon by KBW at the direction of Veritex management and with the consent of the Veritex board of directors; and |

| • | publicly available consensus “street estimates” of Huntington, as well as certain assumed Huntington long-term growth rates, all of which information was discussed with KBW by Huntington management and used and relied upon by KBW based on such discussions, at the direction of Veritex management and with the consent of the Veritex board of directors. |

KBW also performed such other studies and analyses as it considered appropriate and took into account its assessment of general economic, market and financial conditions and its experience in other transactions, as well as its experience in securities valuation and knowledge of the banking industry generally. KBW 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 KBW deemed relevant to its inquiry. KBW was not requested to assist, and did not assist, Veritex with soliciting indications of interest from third parties regarding a potential transaction with Veritex