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Acquiring Company
Hancock Whitney Corporation
Acquired Company
OFB Bancshares
GulfportOrlandoFinancial ServicesFinanceFintechLendingBankingDescription
Hancock Whitney Corporation has completed its acquisition of OFB Bancshares Inc., parent of One Florida Bank, effective August 1, 2026. This acquisition expands Hancock Whitney's presence in Florida and supports its growth strategy across the Gulf South. The integration of One Florida Bank is set to enhance Hancock Whitney's commercial banking capabilities.
Related People
M&A Insights
Based on deal dataIntegration 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