Huntington Bank Finalizes Merger with Cadence Bank to Accelerate Growth in Texas and the South

Huntington Bank Completes Merger with Cadence Bank

Huntington Bancshares Incorporated has officially announced the completion of its merger with Cadence Bank, a significant event for both institutions. This merger represents a strategic move designed to bolster Huntington's presence in high-growth markets across Texas and the southern United States.

The merger creates a combined entity boasting around $279 billion in assets, making it a powerhouse in the banking sector. With this deal, Huntington has secured a solid foothold as the eighth-largest bank in Texas and the top bank in Mississippi in terms of deposit market share. This growth not only solidifies Huntington's current position but also opens doors to exciting new opportunities in these regions.

Steve Steinour, the chairman and CEO of Huntington, expressed enthusiasm about the merger, welcoming Cadence employees and customers into the fold. He emphasized that this union marks a key milestone for Huntington and serves as a launching pad for future growth. The collaboration highlights the commitment of both organizations to a customer-centric approach, fostering relationships within the communities they serve.

Cadence Bank, which has its headquarters in Houston, Texas, along with Tupelo, Mississippi, adds a substantial network of 390 branches to Huntington's robust operations. As a result, Huntington's branch network will expand to nearly 1,400 locations across 21 states, extending from the Midwest to the South, and into Texas. Importantly, Huntington has plans to maintain the Cadence branch network without closures, ensuring uninterrupted banking services for existing customers while investing in further branch growth over time.

This strategic partnership aims to provide customers with access to Huntington's renowned services and award-winning digital tools. As the two entities merge operationally, customers of Cadence Bank will continue to bank as usual at their existing branches. Plans are in motion to convert Cadence customers to Huntington's systems by mid-2026, with detailed communications set to follow soon.

Huntington is also making significant additions to its board with the appointment of three former Cadence Bank directors, bringing vast experience and expertise to the table. Notable appointments include James D.