Hancock Whitney to acquire Trustmark for $3.2 billion

• Hancock Whitney will acquire Trustmark for approximately $3.2 billion in common stock, valuing each share at approximately $54.02.
• Shareholders will receive 0.7463 Hancock Whitney common shares per share held, giving them approximately 35% ownership of the combined company.
• The transaction will create a Gulf South bank with approximately $58 billion in assets and $48 billion in deposits.
• Annual pretax expense savings are projected at $205.5 million, with approximately 7% earnings-per-share accretion expected in 2028.
• Closing is expected in late first-quarter 2027, subject to shareholder and regulatory approvals.

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. Trustmark Corporation published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.