Hancock Whitney Buys Trustmark in $3.2B All-Stock Deal

Hancock Whitney buys Trustmark in $3.2B all-stock deal

The combination of the two financial institutions will result in a regional bank spanning six states – Mississippi, Alabama, Florida, Louisiana, Texas, and Tennessee – and $58 billion in total assets.

Trustmark Corporation (TRMK) Hancock Whitney Corporation - M&A Call

2026-11-12. The following slide deck was published by Trustmark Corporation in conjunction with this event.

Hancock Whitney to buy Trustmark in $3.2B deal

The combination of Mississippi banks would create a $58 billion-asset lender with about 370 branches across six Southeastern states.

Hancock Whitney Agrees to $3.2 Billion Trustmark Deal

Hancock Whitney will issue 0.7463 shares for each Trustmark share in an all-stock deal worth about $3.2 billion, aimed at a roughly $58 billion Gulf South bank.

Hancock Whitney reaches for scale with deal for Miss. rival

Hancock Whitney announced plans to acquire Trustmark in a transaction that would create a $58 billion-asset bank with 370 branches across six Sun Belt states. It ranks as the third-largest U.S. bank deal announced this year. Hancock Whitney struck a $3.2 billion deal for in-state rival Trustmark.

Hancock Whitney Agrees to Buy Trustmark in $3.2 Billion Stock Merger

The combined bank would have about $58 billion in assets. The companies expect to close late in the first quarter of 2027, pending approvals.