{"id":900327,"date":"2025-10-27T08:08:37","date_gmt":"2025-10-27T12:08:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/huntington-bancshares-incorporated-to-acquire-cadence-bank\/"},"modified":"2025-10-27T08:08:37","modified_gmt":"2025-10-27T12:08:37","slug":"huntington-bancshares-incorporated-to-acquire-cadence-bank","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/huntington-bancshares-incorporated-to-acquire-cadence-bank\/","title":{"rendered":"Huntington Bancshares Incorporated to Acquire Cadence Bank"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>\n          <i>Establishes strategic presence across the South with immediate scale in <span class=\"xn-location\">Texas<\/span> and <span class=\"xn-location\">Mississippi<\/span><\/i>\n        <\/li>\n<li>\n          <i>Creates a platform for further organic investment through presence in high-growth markets, including <span class=\"xn-location\">Houston<\/span>, <span class=\"xn-location\">Dallas<\/span>, <span class=\"xn-location\">Fort Worth<\/span>, <span class=\"xn-location\">Austin<\/span>, <span class=\"xn-location\">Atlanta<\/span>, <span class=\"xn-location\">Nashville<\/span>, <span class=\"xn-location\">Orlando<\/span> and <span class=\"xn-location\">Tampa<\/span><\/i>\n        <\/li>\n<li>\n          <i>Creates top 10 bank with assets of <span class=\"xn-money\">$276 billion<\/span> and deposits of <span class=\"xn-money\">$220 billion<\/span><\/i>\n        <\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">COLUMBUS, Ohio<\/span> and <span class=\"xn-location\">HOUSTON<\/span> and <span class=\"xn-location\">TUPELO, Miss.<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 27, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced it has entered into a definitive agreement to acquire <span class=\"xn-person\">Cadence Bank<\/span>, a <span class=\"xn-money\">$53 billion<\/span> regional bank headquartered in <span class=\"xn-location\">Houston, Texas<\/span> and <span class=\"xn-location\">Tupelo, Mississippi<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2805738\/Huntington_Bancshares_Incorporated_to_Acquire_Cadence_Bank.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2805738\/Huntington_Bancshares_Incorporated_to_Acquire_Cadence_Bank.jpg\" title=\"Huntington Cadence\" alt=\"Huntington Cadence\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>With more than 390 locations across <span class=\"xn-location\">Texas<\/span> and the South, the addition of Cadence marks a significant milestone in <span class=\"xn-location\">Huntington&#8217;s<\/span> strategic growth. The partnership, in conjunction with the recently closed acquisition of Veritex Community Bank, will give <span class=\"xn-location\">Huntington<\/span> the fifth deposit market share in <span class=\"xn-location\">Dallas<\/span>, the fifth deposit market share in <span class=\"xn-location\">Houston<\/span>, and the eighth deposit market share across the state of <span class=\"xn-location\">Texas<\/span>. Upon close, <span class=\"xn-location\">Huntington<\/span> will also become the number one bank in <span class=\"xn-location\">Mississippi<\/span> and a top ten bank in both <span class=\"xn-location\">Alabama<\/span> and <span class=\"xn-location\">Arkansas<\/span> by deposits.<\/p>\n<p>The partnership will give <span class=\"xn-location\">Huntington<\/span> a foothold in high-growth markets\u2014including <span class=\"xn-location\">Houston<\/span>, <span class=\"xn-location\">Dallas<\/span>, <span class=\"xn-location\">Fort Worth<\/span>, <span class=\"xn-location\">Austin<\/span>, <span class=\"xn-location\">Atlanta<\/span>, <span class=\"xn-location\">Nashville<\/span>, <span class=\"xn-location\">Orlando<\/span> and Tampa\u2014and create a powerful platform for further organic growth and investment. Upon completion, <span class=\"xn-location\">Huntington<\/span> will have a strategic presence in 12 of the top 25 metropolitan statistical areas (MSAs) in the country, including six of the top 10 fastest growing MSAs.<\/p>\n<p>&#8220;This is an important next phase of growth for <span class=\"xn-location\">Huntington<\/span>,&#8221; said <span class=\"xn-person\">Steve Steinour<\/span>, Chairman, President and CEO of Huntington Bancshares. &#8220;This partnership will extend the reach of our full franchise to 21 states\u2014stretching from the Midwest to the South to Texas\u2014and into new, high-growth markets for which we have a powerful playbook. Today&#8217;s announcement represents a significant step on our journey to be the leading people-first, customer-centered bank in the country.&#8221;<\/p>\n<p>One of the largest regional banks in its footprint, Cadence operates branches across <span class=\"xn-location\">Alabama<\/span>, <span class=\"xn-location\">Arkansas<\/span>, <span class=\"xn-location\">Florida<\/span>, <span class=\"xn-location\">Georgia<\/span>, <span class=\"xn-location\">Louisiana<\/span>, <span class=\"xn-location\">Mississippi<\/span>, <span class=\"xn-location\">Missouri<\/span>, <span class=\"xn-location\">Tennessee<\/span>, and <span class=\"xn-location\">Texas<\/span>. <span class=\"xn-location\">Huntington<\/span> intends to maintain Cadence&#8217;s broad branch network\u2014with no branch closures\u2014and invest to grow.<\/p>\n<p>&#8220;We&#8217;ve been delivering for our customers and communities for 150 years, and partnering with <span class=\"xn-location\">Huntington<\/span> will help us do even more to support those we serve,&#8221; said James D. &#8220;Dan&#8221; Rollins III, Chairman and Chief Executive Officer of <span class=\"xn-person\">Cadence Bank<\/span>. &#8220;This is a defining moment for <span class=\"xn-person\">Cadence Bank<\/span> and we&#8217;re confident this alignment will create lasting value across our footprint and beyond. Together, we will continue to prioritize relationship-first banking while unlocking new opportunities for growth and innovation.&#8221;<\/p>\n<p>Upon closing of the transaction, Rollins will join <span class=\"xn-location\">Huntington<\/span> as non-executive Vice Chairman of the Board of Directors of Huntington Bancshares Incorporated as well as a director of Huntington Bancshares Incorporated and The Huntington National Bank. Huntington Bancshares will be inviting two additional members from Cadence to join the Board of Directors.<\/p>\n<p>&#8220;<span class=\"xn-person\">Cadence Bank&#8217;s<\/span> relationship-first, community-based approach to banking aligns very well with our values and local approach to banking. We&#8217;re excited to bring our broad range of capabilities, products and services to Cadence&#8217;s customers and communities through local bankers, local decision making, local relationships and local community engagement and investment,&#8221; said <span class=\"xn-person\">Brant Standridge<\/span>, President of Consumer and Regional Banking at <span class=\"xn-location\">Huntington<\/span>. &#8220;Cadence has built strong relationships over generations, and we intend to continue that legacy and offer even more with our leading digital capabilities and <span class=\"xn-location\">Fair Play<\/span> products and services.&#8221;<\/p>\n<p>Launched in 2010, <span class=\"xn-location\">Huntington&#8217;s<\/span> pioneering <span class=\"xn-location\">Fair Play<\/span> philosophy focuses on providing services without hidden fees or asterisks and delivering fair and safe access to banking for consumers. Through this combination, Cadence customers will have access to <span class=\"xn-location\">Huntington&#8217;s<\/span> full suite of <span class=\"xn-location\">Fair Play<\/span> product features, including 24-Hour Grace\u00ae, Standby Cash\u00ae and Early Pay.<\/p>\n<p>\n        <span class=\"xn-location\">Huntington<\/span> will continue Cadence&#8217;s strong legacy of community support through local partnerships, investment and engagement, and will maintain Cadence&#8217;s philanthropic commitments to organizations across its footprint\u2014including its multifaceted support for the <span class=\"xn-location\">Tupelo<\/span> community and state of <span class=\"xn-location\">Mississippi<\/span>.<\/p>\n<p>The transaction is expected to close in the first quarter of 2026, subject to regulatory approvals, approval by <span class=\"xn-location\">Huntington<\/span> and Cadence shareholders and other customary closing conditions. Upon conversion, which is expected in the second quarter of 2026, <span class=\"xn-person\">Cadence Bank<\/span> teams and branches will operate under the Huntington Bank name and brand.<\/p>\n<p>\n        <b>Transaction Terms<\/b>\n      <\/p>\n<p>Under the terms of the agreement, <span class=\"xn-location\">Huntington<\/span> will issue 2.475 shares of common stock for each outstanding share of Cadence common stock in a 100% stock transaction. Based on <span class=\"xn-location\">Huntington&#8217;s<\/span> closing price of <span class=\"xn-money\">$16.07<\/span> as of <span class=\"xn-chron\">October 24, 2025<\/span>, the consideration implies <span class=\"xn-money\">$39.77<\/span> per Cadence share or an aggregate transaction value of <span class=\"xn-money\">$7.4 billion<\/span>. The transaction is expected to be 10% accretive to <span class=\"xn-location\">Huntington&#8217;s<\/span> earnings per share, mildly dilutive to regulatory capital at close, and 7% dilutive to tangible book value per share with earn-back in three years inclusive of merger expenses.<\/p>\n<p>\n        <b>Advisors<\/b>\n      <\/p>\n<p>Evercore served as the financial advisor and Wachtell, Lipton, Rosen &amp; Katz served as legal counsel to <span class=\"xn-location\">Huntington<\/span> in the transaction. BofA Securities also served as advisor to <span class=\"xn-location\">Huntington<\/span>. Keefe, Bruyette &amp; Woods, <i>A Stifel Company<\/i> served as the financial advisor and Sullivan &amp; Cromwell LLP served as legal counsel to Cadence in the transaction.<\/p>\n<p>\n        <b>Teleconference \/ Webcast Information<\/b>\u00a0<\/p>\n<p>\n        <span class=\"xn-location\">Huntington&#8217;s<\/span> senior management will host a conference call to discuss the acquisition on <span class=\"xn-chron\">Monday, October 27, 2025<\/span> at <span class=\"xn-chron\">8:30 a.m. Eastern Time<\/span>, to discuss the strategic and financial implications of the transaction. The call, along with slides, may be accessed via a live internet webcast at the Investor Relations section of <span class=\"xn-location\">Huntington&#8217;s<\/span> website, <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4541816-1&amp;h=2172358349&amp;u=http%3A%2F%2Fwww.huntington.com%2F&amp;a=www.huntington.com\" target=\"_blank\" rel=\"nofollow\">www.huntington.com<\/a>, or through a dial-in telephone number at (877) 407-8029 or (201) 689-8029; conference ID #13756900.<\/p>\n<p>\n        <b>About <span class=\"xn-location\">Huntington<\/span><\/b>\u00a0<\/p>\n<p>Huntington Bancshares Incorporated is a <span class=\"xn-money\">$223 billion<\/span> asset regional bank holding company headquartered in <span class=\"xn-location\">Columbus, Ohio<\/span>. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle\u2010market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. <span class=\"xn-location\">Huntington<\/span> operates more than 1,000 branches in 14 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.<\/p>\n<p>\n        <b>About <span class=\"xn-person\">Cadence Bank<\/span><\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Cadence Bank<\/span> (NYSE: CADE) is a <span class=\"xn-money\">$53 billion<\/span> regional bank committed to helping people, companies and communities prosper. With more than 390 locations spanning the South and <span class=\"xn-location\">Texas<\/span>, Cadence offers comprehensive banking, investment, trust and mortgage products and services to meet the needs of individuals, businesses and corporations. Accolades include being recognized as one of the nation&#8217;s best employers by Forbes and U.S. News &amp; World Report and as a 2025 America&#8217;s Best Banks by Forbes. Cadence has dutifully served customers for nearly 150 years. Learn more at <a href=\"http:\/\/www.Cadencebank.com\" rel=\"nofollow\">www.Cadencebank.com<\/a>. <span class=\"xn-person\">Cadence Bank<\/span>, Member FDIC. Equal Housing Lender.<\/p>\n<p>\n        <b>CAUTION REGARDING FORWARD-LOOKING STATEMENTS<\/b>\n      <\/p>\n<p>This communication may contain certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements about the benefits of the proposed transaction, the plans, objectives, expectations and intentions of Huntington Bancshares Incorporated (&#8220;<span class=\"xn-location\">Huntington<\/span>&#8220;) and <span class=\"xn-person\">Cadence Bank<\/span> (&#8220;Cadence&#8221;), the expected timing of completion of the transaction, and other statements that are not historical facts. Such statements are subject to numerous assumptions, risks, estimates, uncertainties and other important factors that change over time and could cause actual results to differ materially from any results, performance, or events expressed or implied by such forward-looking statements, including as a result of the factors referenced below. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements may be identified by words such as expect, anticipate, continue, believe, intend, estimate, plan, trend, objective, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.<\/p>\n<p>\n        <span class=\"xn-location\">Huntington<\/span> and Cadence caution that the forward-looking statements in this communication are not guarantees of future performance and involve a number of known and unknown risks, uncertainties and assumptions that are difficult to assess and are subject to change based on factors which are, in many instances, beyond <span class=\"xn-location\">Huntington&#8217;s<\/span> and Cadence&#8217;s control. While there is no assurance that any list of risks and uncertainties or risk factors is complete, below are certain factors which could cause actual results to differ materially from those contained or implied in the forward-looking statements or historical performance: changes in general economic, political, or industry conditions; deterioration in business and economic conditions, including persistent inflation, supply chain issues or labor shortages, instability in global economic conditions and geopolitical matters, as well as volatility in financial markets; changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs; the impact of pandemics and other catastrophic events or disasters on the global economy and financial market conditions and our business, results of operations, and financial condition; the impacts related to or resulting from bank failures and other volatility, including potential increased regulatory requirements and costs, such as Federal Deposit Insurance Corporation (the &#8220;FDIC&#8221;) special assessments, long-term debt requirements and heightened capital requirements, and potential impacts to macroeconomic conditions, which could affect the ability of depository institutions, including us, to attract and retain depositors and to borrow or raise capital; unexpected outflows of uninsured deposits which may require us to sell investment securities at a loss; changing interest rates which could negatively impact the value of our portfolio of investment securities; the loss of value of our investment portfolio which could negatively impact market perceptions of us and could lead to deposit withdrawals; the effects of social media on market perceptions of us and banks generally; cybersecurity risks; uncertainty in U.S. fiscal and monetary policy, including the interest rate policies of the Board of Governors of the Federal Reserve System (the &#8220;Federal Reserve&#8221;); volatility and disruptions in global capital, foreign exchange and credit markets; movements in interest rates; competitive pressures on product pricing and services; success, impact, and timing of our business strategies, including market acceptance of any new products or services including those implementing our &#8220;<span class=\"xn-location\">Fair Play<\/span>&#8221; banking philosophy; changes in policies and standards for regulatory review of bank mergers; the nature, extent, timing, and results of governmental actions, examinations, reviews, reforms, regulations, and interpretations, including those related to the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Basel III regulatory capital reforms, as well as those involving the Securities and Exchange Commission (the &#8220;SEC&#8221;), the Office of the Comptroller of the Currency, Federal Reserve, FDIC, the Consumer Financial Protection Bureau and state-level regulators; the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement between <span class=\"xn-location\">Huntington<\/span> and Cadence; the outcome of any legal proceedings that may be instituted against <span class=\"xn-location\">Huntington<\/span> or Cadence; delays in completing the proposed transaction involving <span class=\"xn-location\">Huntington<\/span> and Cadence; the failure to obtain necessary regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction); the failure to obtain <span class=\"xn-location\">Huntington<\/span> shareholder approval or Cadence shareholder approval or to satisfy any of the other conditions to the transaction on a timely basis or at all; the possibility that the anticipated benefits of the transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where <span class=\"xn-location\">Huntington<\/span> and Cadence do business; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the ability of <span class=\"xn-location\">Huntington<\/span> and Cadence to meet expectations regarding the timing, completion and accounting and tax treatment of the transaction; diversion of management&#8217;s attention from ongoing business operations and opportunities; potential adverse reactions or changes to business, customer or employee relationships, including those resulting from the announcement or completion of the transaction; the ability to complete the transaction and integration of <span class=\"xn-location\">Huntington<\/span> and Cadence successfully; the dilution caused by <span class=\"xn-location\">Huntington&#8217;s<\/span> issuance of additional shares of its capital stock in connection with the transaction; and other factors that may affect the future results of <span class=\"xn-location\">Huntington<\/span> and Cadence. Additional factors that could cause results to differ materially from those described above can be found in <span class=\"xn-location\">Huntington&#8217;s<\/span> Annual Report on Form 10-K for the year ended <span class=\"xn-chron\">December 31, 2024<\/span> and in its subsequent Quarterly Reports on Form 10-Q, including for the quarter ended <span class=\"xn-chron\">June 30, 2025<\/span>, each of which is on file with the SEC and available on the &#8220;Investor Relations&#8221; section of <span class=\"xn-location\">Huntington&#8217;s<\/span> website, <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4541816-1&amp;h=4159446936&amp;u=http%3A%2F%2Fwww.huntington.com%2F&amp;a=http%3A%2F%2Fwww.huntington.com\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.huntington.com<\/a>, under the heading &#8220;Investor Relations&#8221; and in other documents <span class=\"xn-location\">Huntington<\/span> files with the SEC, and in Cadence&#8217;s Annual Report on Form 10-K for the year ended <span class=\"xn-chron\">December 31, 2024<\/span> and in its subsequent Quarterly Reports on Form 10-Q, including for the quarter ended <span class=\"xn-chron\">June 30, 2025<\/span>, each of which is on file with the Federal Reserve and available on Cadence&#8217;s investor relations website, ir.cadencebank.com, under the heading &#8220;Public Filings&#8221; and in other documents Cadence files with the Federal Reserve.<\/p>\n<p>All forward-looking statements are expressly qualified in their entirety by the cautionary statements set forth above. Forward-looking statements speak only as of the date they are made and are based on information available at that time. Neither <span class=\"xn-location\">Huntington<\/span> nor Cadence assume any obligation to update forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in circumstances or other factors affecting forward-looking statements that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. If <span class=\"xn-location\">Huntington<\/span> or Cadence updates one or more forward-looking statements, no inference should be drawn that <span class=\"xn-location\">Huntington<\/span> or Cadence will make additional updates with respect to those or other forward-looking statements. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.<\/p>\n<p>\n        <b>IMPORTANT ADDITIONAL INFORMATION<\/b>\n      <\/p>\n<p>In connection with the proposed transaction, <span class=\"xn-location\">Huntington<\/span> will file with the SEC a Registration Statement on Form S-4 that will include a Joint Proxy Statement of <span class=\"xn-location\">Huntington<\/span> and Cadence and a Prospectus of <span class=\"xn-location\">Huntington<\/span>, as well as other relevant documents concerning the proposed transaction. The proposed transaction involving <span class=\"xn-location\">Huntington<\/span> and Cadence will be submitted to <span class=\"xn-location\">Huntington&#8217;s<\/span> shareholders and Cadence&#8217;s shareholders for their consideration. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. INVESTORS, SHAREHOLDERS OF <span class=\"xn-location\">HUNTINGTON<\/span> AND SHAREHOLDERS OF CADENCE ARE URGED TO READ THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT\/PROSPECTUS REGARDING THE TRANSACTION WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC AND THE FEDERAL RESERVE, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Shareholders will be able to obtain a free copy of the definitive joint proxy statement\/prospectus, as well as other filings containing information about <span class=\"xn-location\">Huntington<\/span> and Cadence, without charge, at the SEC&#8217;s website (<a href=\"http:\/\/www.sec.gov\" rel=\"nofollow\">http:\/\/www.sec.gov<\/a>) and Cadence&#8217;s website (<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4541816-1&amp;h=2165456614&amp;u=https%3A%2F%2Fir.cadencebank.com%2Ffdic-federal-reserve-filings&amp;a=https%3A%2F%2Fir.cadencebank.com%2Ffdic-federal-reserve-filings\" target=\"_blank\" rel=\"nofollow\">https:\/\/ir.cadencebank.com\/fdic-federal-reserve-filings<\/a>), respectively. Copies of the joint proxy statement\/prospectus, when available, and the filings with the SEC and the Federal Reserve that will be incorporated by reference in the joint proxy statement\/prospectus can also be obtained, without charge, by directing a request to Huntington Investor Relations, Huntington Bancshares Incorporated, Huntington Center, 41 South High Street, <span class=\"xn-location\">Columbus, Ohio<\/span> 43287, (800) 576-5007. Copies of the joint proxy statement\/prospectus, when available, and filings containing information about Cadence may be obtained after their filing with the Federal Reserve at (<a href=\"https:\/\/ir.cadencebank.com\/fdic-federal-reserve-filings\" rel=\"nofollow\">https:\/\/ir.cadencebank.com\/fdic-federal-reserve-filings<\/a>), by directing a request to <span class=\"xn-person\">Will Fisackerly<\/span>, Cadence Investor Relations, <span class=\"xn-person\">Cadence Bank<\/span>, (800) 698-7878, <a href=\"mailto:IR@cadencebank.com\" rel=\"nofollow\">IR@cadencebank.com<\/a>. References to Cadence&#8217;s website does not constitute incorporation by reference of the information contained on the website and is not, and should not be, deemed part of this filing.<\/p>\n<p>\n        <b>PARTICIPANTS IN THE SOLICITATION<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-location\">Huntington<\/span>, Cadence, and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of <span class=\"xn-location\">Huntington<\/span> and shareholders of Cadence in connection with the proposed transaction. Information regarding the interests of the directors and executive officers of <span class=\"xn-location\">Huntington<\/span> and Cadence and other persons who may be deemed to be participants in the solicitation of shareholders of <span class=\"xn-location\">Huntington<\/span> and Cadence in connection with the transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the definitive joint proxy statement\/prospectus related to the transaction, which will be filed by <span class=\"xn-location\">Huntington<\/span> with the SEC. Information regarding <span class=\"xn-location\">Huntington&#8217;s<\/span> directors and executive officers is available in its definitive joint proxy statement relating to its 2025 Annual Meeting of Shareholders, which was filed with the SEC on <span class=\"xn-chron\">March 6, 2025<\/span>, and other documents filed by <span class=\"xn-location\">Huntington<\/span> with the SEC. Information regarding Cadence&#8217;s directors and executive officers is available in its definitive proxy statement relating to its 2025 Annual Meeting of Shareholders, which was filed with the Federal Reserve on <span class=\"xn-chron\">March 14, 2025<\/span>, and other documents filed by Cadence with the Federal Reserve. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement\/prospectus and other relevant materials filed with the SEC and the Federal Reserve by <span class=\"xn-location\">Huntington<\/span> and Cadence, respectively. Free copies of these documents may be obtained as described above under &#8220;Important Additional Information.&#8221;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2730277\/Huntington_Exception_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2730277\/Huntington_Exception_Logo.jpg\" title=\"Huntington-Logo (PRNewsfoto\/Huntington Bancshares Incorporated)\" alt=\"Huntington-Logo (PRNewsfoto\/Huntington Bancshares Incorporated)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=CL07369&amp;sd=2025-10-27\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/huntington-bancshares-incorporated-to-acquire-cadence-bank-302595223.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/huntington-bancshares-incorporated-to-acquire-cadence-bank-302595223.html<\/a><\/p>\n<p>SOURCE  Huntington Bancshares Incorporated<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL07369&amp;Transmission_Id=202510270700PR_NEWS_USPR_____CL07369&amp;DateId=20251027\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Establishes strategic presence across the South with immediate scale in Texas and Mississippi Creates a platform for further organic investment through presence in high-growth markets, including Houston, Dallas, Fort Worth, Austin, Atlanta, Nashville, Orlando and Tampa Creates top 10 bank with assets of $276 billion and deposits of $220 billion COLUMBUS, Ohio and HOUSTON and TUPELO, Miss., Oct. 27, 2025 \/PRNewswire\/ &#8212; Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced it has entered into a definitive agreement to acquire Cadence Bank, a $53 billion regional bank headquartered in Houston, Texas and Tupelo, Mississippi. With more than 390 locations across Texas and the South, the addition of Cadence marks a significant milestone in Huntington&#8217;s strategic growth. The partnership, in conjunction &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/huntington-bancshares-incorporated-to-acquire-cadence-bank\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Huntington Bancshares Incorporated to Acquire Cadence Bank&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-900327","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Huntington Bancshares Incorporated to Acquire Cadence Bank - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/huntington-bancshares-incorporated-to-acquire-cadence-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Huntington Bancshares Incorporated to Acquire Cadence Bank - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Establishes strategic presence across the South with immediate scale in Texas and Mississippi Creates a platform for further organic investment through presence in high-growth markets, including Houston, Dallas, Fort Worth, Austin, Atlanta, Nashville, Orlando and Tampa Creates top 10 bank with assets of $276 billion and deposits of $220 billion COLUMBUS, Ohio and HOUSTON and TUPELO, Miss., Oct. 27, 2025 \/PRNewswire\/ &#8212; Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced it has entered into a definitive agreement to acquire Cadence Bank, a $53 billion regional bank headquartered in Houston, Texas and Tupelo, Mississippi. With more than 390 locations across Texas and the South, the addition of Cadence marks a significant milestone in Huntington&#8217;s strategic growth. 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