Mergers & Acquisitions ·
Hancock Whitney Corporation completed its previously announced acquisition of OFB Bancshares, Inc., parent company of…
HWCPZHancock Whitney Corp
Hancock Whitney Corporation completed its previously announced acquisition of OFB Bancshares, Inc., parent company of One Florida Bank, effective August 1, 2026. Pursuant to the merger agreement dated May 15, 2026, OFB Bancshares common stock and options were converted into cash totaling approximately $377.6 million. The transaction involved a two-step merger where OFB Bancshares merged into Hancock Whitney, followed by the consolidation of One Florida Bank into Hancock Whitney Bank. Systems conversion is expected in the fourth quarter of 2026. Hancock Whitney Corporation operates as a regional bank holding company providing comprehensive financial products and services including commercial banking, mortgage services, and trust management across multiple southeastern U.S. states.