Hancock Whitney Corporation to acquire Trustmark Corporation
HWC•HWC•HWC•HWC•Hancock Whitney will acquire Trustmark in an all-stock deal valued at $3.20 billion. Trustmark shareholders will receive 0.7463 Hancock Whitney shares per share, and the deal is expected to add 7% to Hancock Whitney’s estimated 2028 EPS.
Hancock Whitney Corporation will acquire Trustmark Corporation in an all-stock deal valued at $3.20 billion. Trustmark shareholders will receive 0.7463 Hancock Whitney shares for each Trustmark share, and shareholders of the combined company will own 65% of Hancock Whitney and 35% of Trustmark at closing. The deal is expected to be 7% accretive to Hancock Whitney’s estimated 2028 EPS.
Five Trustmark directors, including Duane Dewey, will join Hancock Whitney’s board after the merger. Trustmark associates and branches are expected to operate under the Hancock Whitney name in late 2027.
