Hancock Whitney to Acquire OFB Bancshares for $377.6M

Deal Summary

Hancock Whitney announced a definitive agreement to acquire OFB Bancshares, the parent of One Florida Bank, in an all‑cash transaction valued at $377.6 million. The deal expands Hancock Whitney’s Florida footprint, bringing its total assets to over $37 billion and increasing its Florida loans and deposits by more than 30 %. The acquisition is expected to close in the third quarter pending regulatory and shareholder approvals.