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Hancock Whitney to acquire OFB Bancshares in Florida

PUBLIC · HWCMay 15, 2026

Acquiring Company

Hancock Whitney

Acquired Company

One Florida Bank

GulfportOrlandoFinancial ServicesFinanceFintechLendingBanking

Description

Hancock Whitney Corp. has signed a definitive agreement to acquire OFB Bancshares, enhancing its presence in the rapidly growing Orlando market. The $377.6 million all-cash transaction marks Hancock Whitney's first bank acquisition in seven years. Following the acquisition, Hancock Whitney will surpass $37 billion in assets, further solidifying its position in Florida's banking sector. The deal is expected to close during the third quarter.

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Company Information

Company

Hancock Whitney

Location

Gulfport, Mississippi, United States

About

Hancock Whitney is a financial services institution with offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas. The company embodies core values of Honor & Integrity, Strength & Stability, and Commitment to Service, Teamwork, and Personal Responsibility.

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Frequently asked

Who acquired One Florida Bank?

One Florida Bank was acquired by Hancock Whitney, based in Gulfport. The deal was reported on May 15, 2026. Hancock Whitney is a financial services institution with offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas. Hancock Whitney is publicly traded (HWC) and operates in Financial Services.

When did Hancock Whitney acquire One Florida Bank?

Hancock Whitney's acquisition of One Florida Bank was reported on May 15, 2026. Hancock Whitney Corp. has signed a definitive agreement to acquire OFB Bancshares, enhancing its presence in the rapidly growing Orlando market. The $377.6 million all-cash transaction marks Hancock Whitney's first bank acquisition in seven years. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does One Florida Bank do?

One Florida Bank is a Florida-based community bank whose deposits and loans were acquired by Hancock Whitney. The transaction added loans and deposits to Hancock Whitney's balance sheet. It is privately held, and is based in Orlando.

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