Green Bancorp (GNBC) Declares $0.10 Quarterly Dividend; 1.8% Yield

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Veritex Holdings (VBTX) Announces Merger with Green Bancorp (GNBC)

July 24, 2018 6:32 AM EDT

Veritex Holdings, Inc. (NASDAQ: VBTX) (Veritex), the parent holding company for Veritex Community Bank, and Green Bancorp, Inc. (NASDAQ: GNBC) (Green), the parent holding company for Green Bank, N.A., jointly announced today the entry into a definitive agreement pursuant to which Green and Green Bank, N.A. will merge with and into Veritex and Veritex Community Bank, respectively.

The transaction will create a leading Texas community bank, with 43 branches across Texas, ranking as the tenth largest Texas-based banking institution by deposit market share. The combined franchise would have approximately... More