Hancock Whitney to acquire Sabal Trust.

Hancock Whitney, a bank holding company, agreed to acquire Sabal Trust, a non-depository trust company. Financial terms were not disclosed. "This transaction is an excellent strategic opportunity to expand our wealth and asset management group within the high-growth Florida market and to add a strong team to our wealth and asset management business. With the combination, we believe Hancock Whitney will have one of the most talented teams of advisors located across the Gulf South, and the opportunity to grow fee income and expand relationships with private banking, wholesale banking, and retail services offerings,” John M. Hairston, Hancock Whitney President & CEO.