Hancock Whitney to Acquire Trustmark for $3.2B

Key Highlights

• Hancock Whitney Corporation to acquire Trustmark Corporation in an all-stock transaction valued at approximately $3.2 billion.
• The merger is expected to create a premier Gulf South regional bank with approximately $58 billion in assets.
• The combined organization is expected to deliver improved profitability and maintain strong pro-forma capital ratios.
• The transaction is expected to be approximately 7% accretive to Hancock Whitney’s 2028 estimated earnings per share.
• At close, Hancock Whitney shareholders will own approximately 65% and Trustmark shareholders will own approximately 35% of the combined company.
• The merger is expected to close late in the first quarter of 2027, subject to regulatory and shareholder approvals.
• Five members of Trustmark’s Board of Directors will join Hancock Whitney’s Board of Directors.