
Huntington Bancshares to acquire Cadence Bank in $7.4 billion deal
Huntington Bancshares announced a $7.4 billion all-stock acquisition of Cadence Bank, a move that will expand its footprint across 21 states and make it one of the top 10 U.S. banks by assets. The combined entity will control $276 billion in assets and $220 billion in deposits, giving Huntington a dominant position in high-growth Southern markets such as Texas, where it will rank among the top deposit holders in Dallas and Houston. The deal reflects broader regional bank consolidation trends, aiming to achieve scale, streamline costs, and strengthen Huntington’s position in commercial lending, small business banking, and wealth management.





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