Huntington Bancshares buying Cadence Bank in $7.4 billion all-stock deal

Huntington Bancshares acquires Cadence Bank

Huntington Bancshares announced in October that it would acquire Cadence Bank, which has several locations throughout Austin, Dallas and Houston.

Huntington to buy Cadence for $7.4 billion as US bank deals heat up

The deal will create a bank with assets of $276 billion, deposits of $220 billion and $184 billion in loans and leases.

Huntington Bancshares Expands Southward In $7.4B Cadence Bank Deal - Cadence Bank (NYSE:CADE), Huntington Bancshares (NASDAQ:HBAN)

Huntington buys Cadence Bank for $7.4B, boosting presence across 21 states and targeting top deposit share in major Texas cities.

Huntington Bancshares Buying Cadence Bank In $7.4B All-Stock Deal

Cadence Bank in Arkansas: ►38 branches  ► No. 9 in deposit market share at $2.14 billion Huntington Bancshares is buying regional bank Cadence Bank in an all-stock deal valued at $7.4 billion that will strengthen its position across the Southern U.S. Cadence, which has headquarters in Houston, Texas and Tupelo, Mississippi, has more than 390 locations across Texas and the South. It runs branches across Alabama, Arkansas, Florida, Georgia, Louisi…

Notable U.S. bank to acquire smaller rival for $7.4 billion

The transaction is expected to close in the first quarter of 2026.

Huge merger will create banking giant spanning 21 states in $7.4B deal

Ohio-based Huntington Bancshares Incorporated announced plans to acquire Cadence Bank in a $7.4 billion, all-stock transaction that’s expected to close in early 2026.