Huntington Bancshares and Cadence Bank Secure Regulatory Approval for Merger

On December 22, 2025, Huntington Bancshares Incorporated and Cadence Bank announced a significant development in their planned merger. The Office of the Comptroller of the Currency has granted the necessary regulatory clearance for Cadence Bank to merge with The Huntington National Bank, making Huntington the surviving entity.

All required approvals have now been secured, setting the stage for the merger to conclude on February 1, 2026. However, this date remains contingent upon receiving shareholder approvals and meeting certain customary conditions outlined in the merger agreement. This merger marks a strategic move in the banking sector, combining two reputable regional banks to enhance their service offerings and market presence.

About Huntington Bancshares Incorporated

Founded in 1866, Huntington Bancshares is a significant player in the banking industry, operating as a regional bank holding company headquartered in Columbus, Ohio. With assets totaling approximately $223 billion, Huntington offers a broad array of financial products and services tailored to meet the needs of consumers, small to medium-sized businesses, and larger corporations. The company boasts a network of over 1,000 branches across 14 states, providing banking, payments, risk management, and wealth management services. Their commitment to community engagement and customer service has solidified their reputation as a leading financial institution.

About Cadence Bank

Cadence Bank, headquartered in Tupelo, Mississippi, is another strong contender in the regional banking arena, with a reported asset size of $53 billion. The institution operates more than 390 banking locations, predominantly in the Southern United States and Texas. Cadence Bank has a long history, devotedly serving its customers for nearly 150 years, offering an extensive range of banking solutions that include investment, trust, and mortgage products. Recognition as one of the best employers by Forbes underscores their dedication to employee welfare and operational excellence.

Strategic Implications of the Merger

Mergers and acquisitions in the banking sector often aim to unify resources and expand market reach, benefiting customers through enhanced product offerings and better service. The Huntington-Cadence merger is widely expected to enhance both banks' capabilities, allowing them to leverage their combined resources to better serve their clients and adapt to evolving market conditions. The transaction is not just a consolidation of assets but a strategic alliance aimed at long-term growth and superior service delivery in a competitive landscape.

While the merger presents significant opportunities, both banks have cautioned stakeholders about various risks associated with transactions of this scale. Potential uncertainties include economic fluctuations, regulatory environments, and integration challenges which could affect the anticipated benefits. The banks have assured that due diligence will be conducted to manage these risks effectively as they move forward.

In conclusion, Huntington Bancshares and Cadence Bank have laid the groundwork for a merger that has the potential to reshape regional banking by creating a powerhouse capable of better meeting consumer needs and improving market competitiveness. With the merger set to close in early 2026, all eyes will be on the execution of this pivotal transaction and its effects on the broader banking sector.

Important Notice

While this overview provides insights into the merger, readers are encouraged to consult the official filings and updates from both institutions, which include additional relevant information about the transaction and its implications for stakeholders.