Why Huntington Bancshares Incorporated stock is up after the Cadence merger close
Huntington Bancshares shares rose 1.9% to $17.82 after the bank completed its $7.4 billion all-stock merger with Cadence Bank. The combined bank now holds $279 billion in assets and claims the top deposit market share in Mississippi. Cadence shareholders received 2.475 Huntington shares per Cadence share. Investors are watching for integration costs and the timing of customer account transitions, set for mid-2026.