Hancock Whitney (HWC) agrees to buy OFB Bancshares to enter Orlando market

Hancock Whitney Corp. (HWC) agreed to acquire OFB Bancshares, parent of One Florida Bank, in a deal that gives the Mississippi-based lender an entry point into the Orlando, Florida, banking market. The pending acquisition expands Hancock Whitney’s footprint into one of Florida’s faster-growing metropolitan areas. Financial terms were not disclosed in the provided announcement. OFB Bancshares operates One Florida Bank, a community bank serving the Orlando area. The transaction remains subject to customary closing conditions and regulatory approvals.