# HANCOCK WHITNEY CORP (HWCPZ) — merger [completed]
Source: SEC API (secapi.ai) · situation sit_2f0908ab6b472b1ee663 · retrieved 2026-08-11T16:10:43.885Z

## Overview
Hancock Whitney Corporation is a regional bank holding company with offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offering comprehensive financial products and services including traditional and online banking, commercial and small business banking, private banking, trust and investment services, healthcare banking, and mortgage services.

Hancock Whitney Corporation completed its acquisition of OFB Bancshares, Inc., parent company of One Florida Bank, effective August 1, 2026. Under the Agreement and Plan of Merger dated May 15, 2026, OFB Bancshares common stock and stock options were converted into the right to receive cash in an aggregate of approximately $377.6 million. The transaction involved a two-step merger structure: OFB Bancshares first merged into a Hancock Whitney subsidiary, then into Hancock Whitney itself. Immediately thereafter, One Florida Bank merged into Hancock Whitney Bank, with Hancock Whitney Bank as the surviving bank.

## Terms
- Counterparty: OFB Bancshares, Inc. · Deal value: $377.6M · Consideration: cash

## Key dates
- Completed 2026-08-01

## Timeline
- 2026-08-03 · 8-K (0001193125-26-329625): 8-K - HANCOCK WHITNEY CORP — *Hancock Whitney Corporation is a regional bank holding company with offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offering comprehensive financial products and services including traditional and online banking, commercial and small business banking, private banking, trust and investment services, healthcare banking, and mortgage services.* Hancock Whitney Corporation completed its acquisition of OFB Bancshares, Inc., parent company of One Florida Bank, effective August 1, 2026. Under the Agreement and Plan of Merger dated May 15, 2026, OFB Bancshares common stock and stock options were converted into the right to receive cash in an aggregate of approximately $377.6 million. The transaction involved a two-step merger structure: OFB Bancshares first merged into a Hancock Whitney subsidiary, then into Hancock Whitney itself. Immediately thereafter, One Florida Bank merged into Hancock Whitney Bank, with Hancock Whitney Bank as the surviving bank.
  https://www.sec.gov/Archives/edgar/data/750577/0001193125-26-329625.txt

## Citations
- 0001193125-26-329625 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526329625