Industry Bancshares
Industry Bancshares was a Texas-based bank holding company providing traditional deposit and loan products to community banking customers in Texas, acquired by Cadence Bank in July 2025 for $20-60 million.
- Company typePrivate
- Founded1901
- HeadquartersIndustry, United States
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Industry Bancshares does
Industry Bancshares was a Texas-based bank holding company founded in 1901 that operated in the banking and financial services sector, headquartered in Industry, Texas. The company provided traditional banking services through banking subsidiaries, including deposit products, loans, and related financial services to retail and commercial customers in Texas. Business model fundamentals followed conventional community banking mechanics: gathering deposits and originating loans, monetized through net interest margin and ancillary fee income. No proprietary technology stack, differentiated product lines, or specialized customer segments were disclosed in the available source material.
On April 28, 2025, Cadence Bank announced its intent to acquire Industry Bancshares for a transaction consideration between $20 million and $60 million, pending regulatory and shareholder approvals. The merger was completed on July 1, 2025, following required approvals, with Cadence Bank citing the acquisition as a means to expand its presence in Texas and the Southern United States. Key personnel were retained within Industry Bancshares' subsidiaries as part of the integration. As a result of the transaction, Industry Bancshares no longer operates as an independent entity.
Following the Industry Bancshares acquisition, Cadence Bank itself completed an integration into Huntington Bank, extending the underlying operations into a 21-state banking franchise of approximately 1,400 full-service branches across the Midwest, South, and select Eastern states. Former Industry Bancshares customers transitioned into the combined Huntington platform, gaining access to the expanded digital toolset and product suite of the surviving institution.
Industry Bancshares firmographics
Firmographics- Name
- Industry Bancshares
- Legal name
- Industry Bancshares, Inc.
- Website
- https://industrybancshares.com
- Company type
- Private
- Founded year
- 1901
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- Industry Bancshares was a Texas-based bank holding company providing traditional deposit and loan products to community banking customers in Texas, acquired by Cadence Bank in July 2025 for $20-60 million.
- Ownership category
- akta.pro rank
Industry Bancshares industry classification
Industry- Product category
- Community Banking
- NAICS
- Offices of Bank Holding Companies (551111), Offices of Other Holding Companies (551112)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Industrial Manufacturing (Machinery, Equipment) (FSABACAD)
Keywords
Where Industry Bancshares is headquartered
LocationHeadquarters
- HQ city
- Industry
- HQ country
- United States
- HQ region
- North America
Markets served
Industry Bancshares business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Industry Bancshares product offering
Product offeringCore offering
Industry Bancshares was a Texas-based bank holding company that operated banking subsidiaries providing traditional banking services, including deposit products, loans, and related financial services, to customers in Texas. Following its acquisition by Cadence Bank on July 1, 2025, the entity was integrated into Cadence Bank's (now Huntington Bank's) operations and no longer offers standalone products.
Product overview
Industry Bancshares was a Texas-based banking organization that operated as a holding company for banking subsidiaries. The company provided traditional banking services including deposit products, loans, and related financial services to customers in Texas. On July 1, 2025, Industry Bancshares was acquired by Cadence Bank. The company has since been integrated into Cadence Bank's operations, with no standalone product offerings remaining.
Differentiator
Problem solved
Functional benefit
Products and services
- Deposit Products Traditional deposit products offered by Industry Bancshares' banking subsidiaries to customers in Texas as part of its community banking franchise.
- Loans Traditional loan products offered by Industry Bancshares' banking subsidiaries to customers in Texas as part of its community banking franchise.
- Related Financial Services Related financial services offered by Industry Bancshares' banking subsidiaries to complement deposit and loan products for customers in Texas.
Companies that use Industry Bancshares
Customer profileIdeal customer profiles1 record
Industry Bancshares technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Industry Bancshares partnerships and signals
Strategic signalScale indicators2 records
Recent moves3 records
Expansion highlights3 records
Industry Bancshares competitors and assessment
Company assessmentBroad incumbents
- BOK Financial Corporation: BOK Financial is a Tulsa, Oklahoma-based diversified financial services holding company with a meaningful Texas commercial banking presence. Comparable to Industry Bancshares as a regional commercial bank holding company with adjacent geographic reach.
- Cullen/Frost Bankers, Inc. Cullen/Frost Bankers is a San Antonio, Texas-based bank holding company operating Frost Bank across the state. Comparable to Industry Bancshares as a Texas-focused banking franchise, though materially larger and operating as a broad incumbent in the same markets.
- Prosperity Bancshares, Inc. Prosperity Bancshares is a Houston, Texas-based bank holding company operating a multi-community-bank franchise across Texas and Oklahoma. Comparable to Industry Bancshares as a Texas-based holding company with a community banking operating model, though substantially larger in scale.
- Cadence Bank (now part of Huntington Bancshares): Cadence Bank was the direct acquirer of Industry Bancshares and has itself been absorbed by Huntington Bancshares, making it the most relevant broad incumbent peer given it now controls the Industry Bancshares franchise. Comparable as a commercial and retail banking platform with overlapping product set and a Texas/Southern branch footprint.
Direct peers
- BancFirst Corporation: BancFirst is an Oklahoma City-based bank holding company operating a network of community bank subsidiaries across Oklahoma and adjacent markets. Comparable to Industry Bancshares as a multi-bank holding company focused on a single-state community banking franchise.
- International Bancshares Corporation: International Bancshares is a Laredo, Texas-based bank holding company operating the International Bank of Commerce franchise across Texas and along the U.S.-Mexico border. Comparable to Industry Bancshares as a Texas-based, multi-branch community bank holding company.
- First Financial Bankshares, Inc. First Financial Bankshares is an Abilene, Texas-based bank holding company operating a network of community bank subsidiaries across Texas. It is directly comparable to Industry Bancshares as a multi-bank Texas holding company focused on community and commercial banking.
- Trustmark Corporation: Trustmark is a Jackson, Mississippi-based regional bank holding company operating community banking, wealth, and insurance businesses across the Southeast. Comparable to Industry Bancshares as a regional community bank holding company of similar scale with a similar geographic concentration profile.
- Pinnacle Financial Partners, Inc. Pinnacle Financial Partners is a Nashville, Tennessee-based bank holding company operating a community/commercial banking franchise across the Southeast. Comparable to Industry Bancshares as a community-oriented bank holding company of similar size and growth-via-M&A profile.
- Independent Bank Group, Inc. Independent Bank Group is a Texas-headquartered bank holding company operating community banking subsidiaries across Texas, Colorado, and Houston. It is the most direct comparable to Industry Bancshares given shared Texas footprint, community banking orientation, and similar holding-company operating model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
Industry Bancshares social profiles
Digital presenceIndustry Bancshares financial estimates
Financial estimateRevenue estimate
Valuation estimate
Industry Bancshares leadership team
Management profileNumber of profiles
Industry Bancshares funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Industry Bancshares M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Industry Bancshares
What does Industry Bancshares do?
Industry Bancshares was a Texas-based bank holding company that operated banking subsidiaries providing traditional banking services, including deposit products, loans, and related financial services, to customers in Texas. Following its acquisition by Cadence Bank on July 1, 2025, the entity was integrated into Cadence Bank's (now Huntington Bank's) operations and no longer offers standalone products.
Is Industry Bancshares a public or private company?
Industry Bancshares is a private company. It is classified as corporate owned and is currently acquired.
When was Industry Bancshares founded?
Industry Bancshares was founded in 1901. It employs 251 to 500 people.
Where is Industry Bancshares based?
Industry Bancshares is headquartered in Industry, United States, in the North America region.
Who are Industry Bancshares's main competitors?
Broad incumbents on record are BOK Financial Corporation, Cullen/Frost Bankers, Inc., Prosperity Bancshares, Inc. and Cadence Bank (now part of Huntington Bancshares). Direct peers are BancFirst Corporation, International Bancshares Corporation, First Financial Bankshares, Inc., Trustmark Corporation, Pinnacle Financial Partners, Inc. and Independent Bank Group, Inc..
Does Industry Bancshares have an API?
No public API is recorded for Industry Bancshares.
What industry is Industry Bancshares in?
Industry Bancshares's product category is Community Banking. Its primary akta.pro industry code is FSABACAD, Industrial Manufacturing (Machinery, Equipment). Its NAICS code is 551111 and its SIC code is 6022.