Financial stocks were falling pre-bell Monday as the Financial Select Sector SPDR Fund (XLF) was down 0.2% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.8% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.7%.

Huntington Bancshares (HBAN) has entered into an agreement to acquire Veritex (VBTX) in an all-stock deal valued at $1.9 billion, the companies said. Shares of Veritex were up more than 19% and shares of Huntington Bancshares shares were down more than 2% premarket.