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Huntington Bancshares acquires Cadence Bank in merger

PUBLIC · HBANSep 20, 2026about 3 hours ago

Acquiring Company

Huntington Bancshares

Acquired Company

Cadence Bank

ColumbusFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Huntington Bancshares has agreed to acquire Cadence Bank in an all-stock merger valued at approximately USD 7.4 billion. Under the terms, each Cadence Bank shareholder will receive 2.4750 shares of Huntington for each Cadence share. This merger reflects Huntington's strategy to achieve significant cost synergies post-completion. The transaction highlights Huntington's commitment to expanding its presence in the regional banking sector.

Company Information

Company

Huntington Bancshares

Location

Columbus, Ohio, United States

About

The Huntington National Bank, headquartered in Columbus, Ohio, is a regional bank holding company with assets of $189 billion. The bank and its affiliates provide a comprehensive suite of banking, payments, wealth management, and risk management products and services to consumers, businesses, corporations, municipalities, and other organizations. Huntington operates approximately 1,000 branches in 11 states.

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Predictive Intelligence
Strategic

ML-powered predictions for Huntington Bancshares's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Cadence Bank?

Cadence Bank was acquired by Huntington Bancshares, based in Columbus. The deal was reported on September 20, 2026. The Huntington National Bank, headquartered in Columbus, Ohio, is a regional bank holding company with assets of $189 billion. Huntington Bancshares is publicly traded (HBAN) and operates in Financial Services.

When did Huntington Bancshares acquire Cadence Bank?

Huntington Bancshares's acquisition of Cadence Bank was reported on September 20, 2026. Huntington Bancshares has agreed to acquire Cadence Bank in an all-stock merger valued at approximately USD 7.4 billion. Under the terms, each Cadence Bank shareholder will receive 2.4750 shares of Huntington for each Cadence share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cadence Bank do?

Cadence Bank (NYSE: CADE) is a leading regional banking franchise with approximately $50 billion in assets and over 350 branch locations across the South and Texas. It is privately held, operating in Financial Services.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.