Huntington Bancshares has completed its merger with Cadence Bank, uniting two regional banking franchises in a deal the company says immediately scales its footprint across Texas and the broader South while strengthening its competitive position in key growth markets.
Following the close, Huntington reports the combined company has approximately $279 billion in assets, $221 billion in deposits, and $187 billion in loans, based on balances as of December 31, 2025. The transaction also materially expands Huntington’s physical presence, adding Cadence’s 390 branches to bring the total network to nearly 1,400 locations across 21 states stretching from the Midwest through the South and into Texas. Huntington said it intends to maintain Cadence’s branch network without closures and to invest in its footprint over time.
Huntington said the combination delivers immediate market standing in two of the merged franchise’s most important geographies. The bank stated that it is now the eighth-largest bank in Texas and the number-one bank in Mississippi by deposit market share, positioning the company to pursue what it described as accelerated growth initiatives across high-growth markets.
As part of the integration, Huntington emphasized continuity for customers in the near term. Cadence customers will continue to bank as usual at their current branches, while customer accounts are expected to convert to Huntington’s systems in mid 2026. Huntington said Cadence customers will receive additional details about the conversion process in the coming weeks, and that Huntington customers will not be impacted by the conversion.
The merger also brings changes in governance. Huntington’s Board of Directors appointed three new directors, all former Cadence directors. James D. “Dan” Rollins III, Cadence’s Chairman and CEO, joins Huntington as a director and will serve as non-executive Vice Chairman of the Board of Directors of Huntington Bancshares Incorporated, as well as a director of The Huntington National Bank. Virginia Hepner, a retired Wachovia Bank executive and former President and CEO of The Woodruff Arts Center, also joins the board. Alice Rodriguez, a retired JPMorgan Chase & Co executive and co-owner of Dallas-based home builder Kendall Milagro, was also appointed, bringing consumer banking, community impact, and regional leadership experience alongside her current and nonprofit board involvement.
Huntington noted that the merger is a strategic step that pairs expanded capabilities and digital tools with a relationship-focused approach, while enabling faster deployment of Huntington’s full franchise into newly expanded markets.
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“We’re thrilled to welcome our new colleagues and customers from Cadence to Huntington. This partnership marks a significant milestone for Huntington and will serve as a springboard for growth across a number of high-growth markets across Texas and the South. I’m incredibly grateful to Dan Rollins and the Cadence team for their collaboration and commitment to this next era of our combined organization.”
“Huntington is privileged to add these three directors to our Board. Their unique skillsets and impressive experience will be great complements to our deeply engaged group of directors, who are collectively committed to serving us with a shared vision and shared values in support of all our stakeholders.”
Steve Steinour, Chairman, President and CEO, Huntington
“Today is a historic milestone for Cadence and Huntington as we officially unite to forge a top-ten bank nationally with a shared mission to deliver the same relationship-first, community-based approach that our legacies are built on. Our customers will benefit from Huntington’s expanded capabilities and award-winning digital tools. I’m incredibly proud of our teams who made this possible and energized for what’s ahead.”
Dan Rollins, Chairman and CEO, Cadence Bank
“Through this partnership, we are going to deliver even more for our customers. Our teams are working closely together so we can quickly deploy the full Huntington franchise into our new markets, to more quickly and seamlessly help customers access the tools and advice that will help them meet their financial goals. I’m deeply grateful to our teams for making this progress possible and excited for the enhanced experience we’ll deliver together.”
Brant Standridge, President of Consumer & Regional Banking, Huntington
