Cadence Bank makes first acquisition since 2021 merger with BancorpSouth
The deal is Cadenceās first acquisition since its merger with BancorpSouth, and the bank continues to eye more M&A deals.
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Houston Business News - Local Houston News | Houston Business Journal: Cadence CEO says merger with BancorpSouth is ‘all about growth’
The goal of the merger is to gain scale to compete for the business of larger borrowers and provide the service and technology that customers expect.
Read MoreHouston Business News - Local Houston News | Houston Business Journal: Cadence Bancorporation, BancorpSouth Bank to merge in $6B deal
The combined company will have dual headquarters in Houston and Tupelo, Mississippi, making it the fifth-largest bank based in its combined nine-state footprint.
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