• Hancock Whitney entered a merger agreement on May 15, 2026 to acquire OFB Bancshares in a two-step merger, followed by the combination of One Florida Bank into Hancock Whitney Bank.
• OFB shareholders will receive USD 29.27 in cash per share, excluding shares subject to appraisal rights.
• OFB stock options will be cashed out based on the difference between USD 29.27 and the option exercise price, net of applicable withholding taxes.
• The deal includes a USD 15 million termination fee payable by OFB under certain circumstances tied to a competing transaction.
• Shareholders representing about 23% of OFB shares agreed to vote in favor of the merger agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hancock Whitney Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-231144), on May 19, 2026, and is solely responsible for the information contained therein.