Huntington and Cadence Bank shareholders approve merger

Shareholders of Huntington Bancshares Incorporated (NASDAQ: HBAN) and Cadence Bank (NYSE: CADE) approved the proposed merger between the two banks at special shareholder meetings held January 6, 2026.

The transaction involves the merger of Cadence into The Huntington National Bank, with Huntington shareholders approving the issuance of common stock in connection with the deal. The merger is expected to close February 1, 2026, subject to satisfaction of remaining customary closing conditions.

"Today's shareholder approval is an important milestone in our journey toward combining Huntington and Cadence," said Steve Steinour, Chairman, President and CEO of Huntington Bancshares. "I am pleased our respective shareholders overwhelmingly support this combination."

James D. "Dan" Rollins III, Chairman and CEO of Cadence Bank, stated the approval reflects "our mutual philosophy around relationship-first, community-based banking, and the shared value and opportunities that this combination can create."

Huntington operates as a $223 billion asset regional bank holding company headquartered in Columbus, Ohio, with more than 1,000 branches across 14 states. The bank was founded in 1866 and provides banking, payments, wealth management and risk management services.

Cadence Bank operates as a $53 billion regional bank with more than 390 locations spanning the South and Texas. The bank offers banking, investment, trust and mortgage products and has served customers for nearly 150 years.

The information is based on a joint press release statement from both companies.

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