One Florida Bank Acquired by Hancock Whitney | Financial Services M&A Deal

Hancock Whitney has acquired One Florida Bank, a banking business in Florida, for $2.1 billion. Hancock Whitney acquisitions expand the company’s financial services footprint as One Florida Bank operates five financial centers in the greater Orlando area and one in the Florida Panhandle, with March 31, 2026 consolidated total assets of $2.1 billion, total loans of $1.7 billion, and total deposits of $1.9 billion. The Hancock Whitney acquires One Florida Bank add on acquisition is expected to close in the third quarter of 2026 and is structured as an all-cash strategic acquisition. The deal is anticipated to be immediately accretive to GAAP EPS excluding one-time costs and is subject to regulatory approval and OFB Bancshares shareholder approval, with financial and legal advisors including Raymond James and Wachtell, Lipton, Rosen & Katz, and Piper Sandler and Smith Mackinnon, PA.