Strong Loan and Deposit Growth: Huntington Bancshares reported average loan growth of nearly $10 billion year-over-year and average deposit growth of almost $10 billion over the same period, driven by acquisitions and deepening primary bank relationships. Average loans increased by 7.9%, with commercial loans showing strength, while deposits saw a 4% year-over-year increase.

Revenue and Profit Growth: The company achieved an 8% year-over-year revenue growth and an impressive return on tangible common equity (ROTCE) of 16.1% for the quarter. Adjusted ROTCE was even higher at 17.6%. This reflects the management's strategy to expand earning assets, enhance net interest margins, and increase value-added fee services.

Acquisition of Veritex: Huntington's acquisition of Veritex is expected to significantly enhance their growth prospects in Texas, offering a springboard for substantial growth in key markets like Dallas-Fort Worth and Houston. This partnership is anticipated to bring synergies in commercial lending, fee income streams, and customer relationships, as well as add experienced colleagues to their banking operations.