12.23.25

Huntington’s $7.4B Cadence Deal Gets Regulatory Sign-Off

by: Dan Ennis

Huntington Bank’s $7.4 billion acquisition of Cadence Bank has received approval from the U.S. Office of the Comptroller of the Currency, clearing the last regulatory hurdle for the deal. The transaction is expected to close on Feb. 1, 2026, with systems conversion planned for the second quarter. The approval came just 56 days after Huntington announced the acquisition, reflecting a faster regulatory process under the current administration compared with previous years. Once completed, the merger will create a $276 billion-asset bank, expanding Huntington’s presence to 21 states and significantly boosting its deposit market share in Texas.

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