Hancock Whitney Corp Announces Acquisition Approval for One Florida Bank

What Happened

• Hancock Whitney Corporation (HWC) announced on July 20, 2026 that it has received regulatory approval or confirmation of non-objection from the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Mississippi Department of Banking and Consumer Finance to complete its previously announced acquisition of OFB Bancshares, Inc., the parent company of One Florida Bank.
• Shareholders of OFB Bancshares approved the merger at a special meeting. The transaction was first announced on May 15, 2026, is expected to close on or about August 1, 2026, and remains subject to other customary closing conditions. A press release dated July 20, 2026 is attached as Exhibit 99.1.

Key Details

• Regulators granting approval/non-objection: Federal Reserve, FDIC, Mississippi Department of Banking and Consumer Finance.
• OFB Bancshares is the parent of One Florida Bank.
• Announcement dates: transaction announced May 15, 2026; approval announced July 20, 2026; expected close on or about August 1, 2026.
• Transaction remains subject to customary closing conditions (not yet closed).

Why It Matters

• The regulatory and shareholder approvals mean the acquisition is moving toward closing, which will expand Hancock Whitney’s footprint by adding One Florida Bank’s business to its operations once closing conditions are satisfied.
• Investors should note the company’s forward-looking caution: actual results may differ due to factors such as customer and employee retention, realization of cost savings or synergies, and any remaining closing conditions. See Hancock Whitney’s risk factors in its Form 10-K (year ended Dec 31, 2025) for additional context.