Hancock Whitney to acquire OFB Bancshares for $29.273 per share in cash

HANCOCK WHITNEY CORP

OFB Bancshares shareholders representing ~23% of shares committed to vote in favor.
Transaction subject to regulatory approvals from Federal Reserve, FDIC, and state regulators.
Termination fee of $15 million payable by OFB under certain circumstances.
One Florida Bank will merge into Hancock Whitney Bank post-closing.
Deal expands Hancock Whitney's presence in Florida.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HANCOCK WHITNEY CORP entered into Agreement and Plan of Merger with OFB Bancshares, Inc. valued at $29.273 per share in cash (effective 2026-05-15).

Action: entry
Agreement: merger
Counterparty: OFB Bancshares, Inc.
Value: $29.273 per share in cash
Effective: 2026-05-15

Exact text from the filing

On May 15, 2026, Hancock Whitney Corporation, a Mississippi corporation (“Hancock Whitney”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with OFB Bancshares, Inc., a Florida corporation (“OFB Bancshares”)

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HANCOCK WHITNEY CORP filing history →

Source: SEC EDGAR

accession 0001193125-26-231144

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