M&A · Financials · Buyer's industry: National Commercial Banks
Huntington Bancshares Inc to acquire Cadence Bank
Announced Oct 27, 2025 · Closed Feb 2, 2026 · Private target
Deal value$7.40B
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock$39.77 per share
Transaction
- Acquirer
- Huntington Bancshares Inc (HBAN)
- Target
- Cadence Bank
- Buyer type
- Strategic
- Offer price per share
- $39.77
- Enterprise value
- —
- Status
- Closed Feb 2, 2026
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Evercore
- To the target
- Stifel
Classification
- Sector
- Financials
- Buyer's industry
- National Commercial Banks