Hancock Whitney Corporation to Acquire Trustmark Corporation
Business Wire•12/11/2026•08:00 ET
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Key Highlights
- ➤Hancock Whitney (HWC) to acquire Trustmark (TRMK) in approximately $3.2 billion all-stock deal
- ➤Combined bank expected to reach approximately $58 billion in assets across six Southeastern states
- ➤Deal expected to add approximately 7% to Hancock Whitney’s 2028 estimated EPS
- ➤Transaction expected to close late in Q1 2027, pending regulatory and shareholder approvals
- ➤Hancock Whitney shareholders will own approximately 65% of the combined company at close
Expert Statements
John M. Hairston, President and CEO of Hancock Whitney
“We are pleased to welcome Trustmark to the Hancock Whitney organization. By bringing together two high-performing banks with shared values, complementary capabilities, and a relentless focus on client success, we create an organization that is stronger as one. This combination enhances our platform, expands growth opportunities, strengthens the core deposit franchise, and broadens the capabilities we deliver to consumer and business clients.”
Duane Dewey, President and CEO of Trustmark
“We and Hancock Whitney have long held a shared commitment to exceptional client service and relationship banking. Given the strong cultural alignment and complementary business lines between our two organizations, we believe this transaction will generate substantial value and meaningful benefits for our customers, shareholders, associates, and communities.”
Creating long-term value for shareholders through compelling combination
Hancock Whitney Corporation (“Hancock Whitney”) (NASDAQ: HWC), parent company of Hancock Whitney Bank, and Trustmark Corporation (“Trustmark”) (NASDAQ: TRMK), parent company of Trustmark Bank, jointly announced today that they have entered into a definitive agreement and plan of merger, pursuant to which Trustmark will merge with and into Hancock Whitney in an all-stock transaction valued at approximately $3.2 billion.
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