Cadence Bank hits 52-week high amid Huntington acquisition news.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 27 2025
0mins
Source: WSJ
Cadence Bank's stock rose by 3.00%, reaching a 52-week high following the announcement of its acquisition by Huntington Bancshares.
The acquisition deal, valued at $7.4 billion, involves Huntington issuing shares to Cadence shareholders, which has sparked investor interest and optimism about the future of the combined entity.
This acquisition is expected to enhance Huntington's market position, particularly in Texas and the Carolinas, while also raising concerns about potential job cuts at Cadence Bank.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
