COLUMBUS, Ohio – Huntington Bancshares Inc. on Monday announced it has closed its merger with Cadence Bank, a regional bank headquartered in Houston, Texas, and Tupelo, Miss.
This strategic partnership accelerates Huntington’s growth initiatives across Texas and the South and brings immediate scale in Texas and Mississippi, where Huntington is now the eighth-largest bank in Texas and the No. 1 bank in Mississippi by deposit market share, a news release states.
“We’re thrilled to welcome our new colleagues and customers from Cadence to Huntington,” said Steve Steinour, chairman, president and CEO of Huntington. “This partnership marks a significant milestone for Huntington and will serve as a springboard for growth across a number of high-growth markets across Texas and the South. I’m incredibly grateful to Dan Rollins and the Cadence team for their collaboration and commitment to this next era of our combined organization.”
The combined company has approximately $279 billion in assets, $221 billion in deposits and $187 billion in loans based on Dec. 31, 2025, balances. Cadence’s 390 branches across Texas and the South will bolster Huntington’s branch network to nearly 1,400 locations across 21 states – from the Midwest to the South to Texas. Huntington intends to maintain Cadence’s branch network – with no branch closures – and invest to grow it over time, the release states.
“Today is a historic milestone for Cadence and Huntington as we officially unite to forge a top 10 bank nationally with a shared mission to deliver the same relationship-first, community-based approach that our legacies are built on,” Rollins said. “Our customers will benefit from Huntington’s expanded capabilities and award-winning digital tools. I’m incredibly proud of our teams who made this possible and energized for what’s ahead.”