Huntington signs all-stock merger agreement to acquire Cadence Bank
Huntington Bancshares entered into a merger agreement on October 26, 2025, under which Cadence Bank will merge into The Huntington National Bank, with Cadence shareholders receiving Huntington common stock. The deal requires shareholder and regulatory approvals, including from the Office of the Comptroller of the Currency, before it can close, and it would add three Cadence directors to Huntington's board.
Key points
- Each Cadence common share converts into 2.475 Huntington common shares, with cash paid in lieu of fractional shares.
- Agreement dated October 26, 2025, unanimously approved by the boards of Huntington, Huntington National Bank and Cadence.
- Termination fee of $296 million payable by either party in certain circumstances.
- Completion requires approval by both companies' shareholders and approval from the Office of the Comptroller of the Currency.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.