M&A - HANCOCK WHITNEY CORP
Form Type: 8-K
Filing Date: 2025-01-21
Corporate Action: Acquisition
Type: New
Accession Number: 000095017025007011
Filing Summary: On January 21, 2025, Hancock Whitney Corporation announced that its wholly owned bank subsidiary, Hancock Whitney Bank, had entered into an agreement to acquire Sabal Trust Company, a non-depository trust company based in St. Petersburg, Florida. The acquisition is projected to close in the second quarter of 2025, pending regulatory approvals and other customary closing conditions. The announcement also includes forward-looking statements regarding the potential risks and uncertainties associated with the acquisition, which may impact future financial and operational results.
Document Link: View Document
Additional details:
Item Description: wholly owned bank subsidiary
Acquired Company: Sabal Trust Company
Item Description: location of acquired company
Acquired Company Location: St. Petersburg, Florida
Item Description: expected closing date of acquisition
Expected Closing Date: second quarter of 2025
Item Description: regulatory approvals required
Regulatory Approvals: yes
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