Huntington Bancshares Inc. (HBAN, HBANP), on Tuesday announced that the Office of the Comptroller of the Currency has approved the proposed merger of Cadence Bank (CADE) with and into The Huntington National Bank, which will remain as the surviving bank.
The terms of the transaction have not been disclosed.
The merger is expected to close on February 1, 2026.
On Monday, Huntington Bancshares had closed at $17.92, 0.23 cents higher on the Nasdaq. In the after-market hours, the stock traded 0.1 cent higher before ending the trade at $17.93.
On Monday, Cadence Bank closed trading 1.14% higher at $44.19 on the New York Stock Exchange.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.