Hancock Whitney agrees to acquire Trustmark for $3.2 billion

• Hancock Whitney will acquire Trustmark for approximately $3.2 billion, creating a regional bank with approximately $58 billion in assets.
• Trustmark shareholders will receive 0.7463 shares of common stock for each share held, owning approximately 35% of the combined company.
• Closing is expected late in the first quarter of 2027, subject to regulatory and shareholder approvals and customary conditions.
• The transaction is expected to increase estimated 2028 earnings per share by approximately 7%.
• Tangible book value per share dilution is estimated at approximately 7%, with an earn-back period of approximately 2.8 years, including merger expenses.

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 Business Wire (Ref. ID: 20261112831229) on November 12, 2026, and is solely responsible for the information contained therein.