Hancock Whitney Corporation · NASDAQ:HWC
Hancock Whitney — Merger or Acquisition (May 2026)
13 slides from Hancock Whitney's merger presentation, May 15, 2026
Slide 1: Acquisition of One Florida Bank
Acquisition of One Florida Bank May 15, 2026 EX-99.2
Slide 2: Important cautionary statement about forward-looking statements
This presentation contains forward-looking statements within the meaning of, and subject to the protections of, section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Any statement that does not describe historical or current facts
Slide 3: Transaction Highlights
Transaction Highlights Expanding Into High-Growth Markets Strategic expansion along the I-4 corridor in Florida into a high-growth market One Florida Bank (“OFB”)(1) is the largest independent bank in Orlando, the 3rd fastest growing large metro(2) in the U.S. Leveraging Synergies Opportunity to lev
Slide 4: Overview of OFB Bancshares, Inc.
($ in millions) FY FY FY Balance Sheet 2023 2024 2025 1Q26 Consolidated Assets 1,578 1,833 2,048 2,119 Gross Loans 1,279 1,499 1,621 1,681 Consolidated Deposits 1,401 1,635 1,800 1,862 Consolidated Equity 125 145 171 178 Profitability Consolidated Net Income 12.1 14.4 22.8 6.1 Consolidated ROA (%) 0
Slide 5: Meaningful Florida Presence
Regional & Community Bank defined as less than $50 billion; excludes EverBank due to different business model and foreign headquartered banks Note: As of June 30, 2025; illustrated pro forma for pending and completed acquisitions Source: S&P Capital IQ Pro Meaningful Florida Presence Florida Regiona
Slide 6: Orlando – Strong Market Demographics
Orlando – Strong Market Demographics Total Deposits 12/31/20 $s in millions Time Deposits (retail) $1,835 7% Time Deposits (brokered) $14 ― Interest-bearing public funds $3,235 12% Interest-bearing transaction & savings $10,414 37% Noninterest bearing $12,200 44% $s in billions Avg Qtrly Deposits LQ
Slide 7: Florida Leads Population and Income Migration
WEST -1,140,456 SOUTH +3,157,525 MIDWEST -512,765 NORTHEAST -1,504,304 Florida Leads Population and Income Migration Top 5 States Net Domestic Migration 1. Florida 890,348 2. Texas 812,735 3. North Carolina 476,921 4. South Carolina 379,062 5. Tennessee 292,727 Blue highlight indicates Hancock Whitn
Slide 8: Compelling Synergy Opportunity
Compelling Synergy Opportunity Hancock Whitney completed the acquisition of Sabal on May 2, 2025, expanding trust and asset management presence in Central Florida Orlando offers a venue to scale proven fee income and trust capabilities in a high-growth Florida market Ability to deepen relationships
Slide 9: Transaction Overview
Expected Closing Required Approvals Personnel Projected Financial Results Transaction Overview Consideration: 100% cash Total consideration of $377.6 million for all outstanding common shares and options P / TBVPS= 200% P / 2026E Core EPS = 14.4x Franchise premium / core deposits = 11.8% Transaction
Slide 10: Expected Improvement to Financial Results
Expected Improvement to Financial Results Note: Financial metrics are based on merger assumptions detailed herein and are not guarantees of future performance or outcomes; Hancock Whitney projections are based on analyst consensus estimates and OFB projections are based on management estimates 2027E
Slide 11: Comprehensive Due Diligence Review
Comprehensive Due Diligence Review 80+ Individuals across internal & external teams Substantial engagement of third-party advisors and consultants Multiple management meetings conducted covering all key diligence topics Granular review of cost savings, synergies, and deal charges Third-party credit
Slide 12: How Hancock Whitney does business
How Hancock Whitney does business Our Mission. Each day, we reaffirm our mission to help people achieve their financial goals and dreams. Our Purpose. We work hard to create opportunities for people and the communities we serve, our purpose for doing what we do. Our Promise to Associates. We honor a
Slide 13: IMM"
IMM" a o OFB BANCSHARES, INC.