The closing was fully anticipated following the May 15 announcement. Focus on Q4 2026 systems conversion and subsequent cost synergy realization. No new financial data disclosed — monitor next quarterly earnings for pro-forma impact.
Price Chart
Executive Summary
Hancock Whitney completed its previously announced acquisition of OFB Bancshares (parent of One Florida Bank) for approximately $377.6 million in cash, effective August 1, 2026. Systems conversion is expected in Q4 2026. The transaction was pre-announced on May 15, 2026, so the closing is a routine procedural step with no new financial details.
Key Facts
- Merger with OFB Bancshares completed effective August 1, 2026
- Total cash consideration of approximately $377.6 million paid to OFB Bancshares stockholders and option holders
- Systems conversion expected in Q4 2026
- Transaction was announced on May 15, 2026
Financial Impact
Acquisition of OFB Bancshares for approximately $377.6 million in cash (about 6% of HWC's $6.2B market cap). No funding or accretion details provided.
Risk Factors
- Integration and systems conversion may face delays or cost overruns
- Expected cost synergies may not materialize as projected
- One Florida Bank's loan portfolio could have credit quality issues in a changing rate environment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-329625 |
| Document: d118362dex991.htm | 0001193125-26-329625 |
| Document: 0001193125-26-329625-index-headers.html | 0001193125-26-329625 |
| Document: 0001193125-26-329625-index.html | 0001193125-26-329625 |
| Document: 0001193125-26-329625.txt | 0001193125-26-329625 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 5d ago | 8-K | $72.30 | awaiting T+20 | — | $73.46 (+1.61%) |
Aug 3, 2026 12w ago | 8-K | $77.76 $74.49 | ▼ −4.21% | ▼ −5.44% | $73.46 (−5.52%) |
Jul 21, 2026 13w ago | 8-K | $76.40 $76.13 | ▼ −0.35% | ▼ −3.25% | $73.46 (−3.84%) |
Jul 20, 2026 14w ago | 8-K | $77.29 $78.84 | ▲ +2.01% | ▼ −2.12% | $73.46 (−4.95%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers