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.

Hancock Whitney Corporation reported second quarter 2026 net income of $127.0 million, or $1.55 per diluted share, compared to $47.4 million ($0.57 per share) in the first quarter. The company announced the acquisition of One Florida Bank for $377.6 million in cash, with an expected closing date of August 1, 2026. Key financial metrics include total loans of $24.6 billion and total deposits of $29.6 billion. During the quarter, the company repurchased 712,966 shares at an average price of $68.28 per share. The company also reported a net interest margin of 3.56% and an efficiency ratio of 55.31%. Hancock Whitney is a financial services company providing banking, trust, and investment services.