IBERIABANK
IBERIABANK was a regional bank founded in 1887 in Lafayette, Louisiana, offering personal banking, business banking, and wealth management to Gulf South customers; it merged with First Horizon Corporation in 2022 and no longer operates as a standalone entity.
- Company typePublic
- Founded1887
- HeadquartersLafayette, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What IBERIABANK does
IBERIABANK was a U.S. regional bank founded in 1887 and headquartered in Lafayette, Louisiana. The firm operated across three core product lines: personal banking (deposit accounts, mortgages, consumer lending), business banking (small business and commercial lending, treasury management), and wealth management, serving individuals, small and middle-market businesses, and institutional clients across the Gulf South region, including Louisiana, Texas, Alabama, and Florida. The business model was a traditional spread-based retail and commercial bank earning net interest income on loans and securities, supplemented by fee income from wealth management and treasury services. Over a multi-year period from 2002 through 2017, IBERIABANK executed a sustained program of bolt-on community bank acquisitions, materially scaling the franchise; notable transactions included the approximately $1.03 billion acquisition of Sabadell United Bank in 2017 to deepen the Florida presence and the approximately $223 million acquisition of Gibraltar Private Bank & Trust in 2017 to add a discrete private banking and wealth platform.
In 2022, IBERIABANK merged with First Horizon Corporation; the combined company now operates as First Horizon Bank, effectively ending IBERIABANK's standalone corporate existence. The legacy franchise, however, continues via an investor group called DMMS Purchaser led by former IBERIABANK CEO Daryl Byrd, which is acquiring MC Bancshares (a ~$478 million target) with ~$200 million raised to date and an equity offering capacity of up to $250 million, with the transaction expected to close in Q2 2026. Historical headcount was in the 5,001-10,000 range, consistent with a large Gulf South regional bank prior to the First Horizon merger.
IBERIABANK firmographics
Firmographics- Name
- IBERIABANK
- Legal name
- First Horizon Bank
- Website
- https://iberiabank.com
- Company type
- Public
- Founded year
- 1887
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- IBERIABANK was a regional bank founded in 1887 in Lafayette, Louisiana, offering personal banking, business banking, and wealth management to Gulf South customers; it merged with First Horizon Corporation in 2022 and no longer operates as a standalone entity.
- Ownership category
- akta.pro rank
IBERIABANK industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
Keywords
Where IBERIABANK is headquartered
LocationHeadquarters
- HQ city
- Lafayette
- HQ country
- United States
- HQ region
- North America
Markets served
IBERIABANK business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Banking and Lending Services: Traditional banking revenue from interest income on loans, service fees on deposit accounts, loan origination fees, and trust services income. Revenue generated through spread income (loans vs deposits) and fee-based services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Banking services quote-based with individual pricing |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
IBERIABANK product offering
Product offeringCore offering
IBERIABANK (now operating as First Horizon Bank following its 2022 merger) provides a full suite of banking and financial services including personal checking and savings accounts, mortgages, personal loans, small business banking, commercial and industrial banking, wealth management, and trust services. The bank serves consumers and businesses across the Gulf South region through a combination of physical branch locations and digital/mobile banking channels.
Product overview
First Horizon Bank offers a unified banking platform providing personal banking, business banking, and wealth management services. The core offerings include checking and savings accounts, mortgages, personal loans, digital banking, and trust services. Business banking encompasses small business solutions and commercial banking for larger enterprises. Wealth management services are provided alongside trust services. The Learning Center provides financial education content to support customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Banking
- Small Business Banking
- Commercial & Industry Banking
- Wealth Management
- Mortgages
- Personal Loans
- Digital Banking
- Trust Services
Companies that use IBERIABANK
Customer profileSegments4 records
Ideal customer profiles4 records
IBERIABANK technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
IBERIABANK partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MC Bancshares (MC Bank & Trust Co.)coreInvestor group led by former Iberiabank CEO Daryl Byrd agreed to acquire MC Bancshares, giving new investors approximately 75% ownership. Plans substantial investment through equity capital offering of up to $250 million to bolster capital levels and position for Gulf South growth. Byrd becomes chairman and CEO with ex-Iberiabank executives joining leadership. Deal expected to close June 2026 pending regulatory and shareholder approval.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
IBERIABANK competitors and assessment
Company assessmentDirect peers
- Hancock Whitney Corporation: Gulf South regional bank with comparable personal, commercial, and wealth management offerings; headquartered in Mississippi with deep Louisiana/Texas overlap with the IBERIABANK franchise.
- Cadence Bank: Mid-sized regional bank with strong Gulf South presence in Mississippi, Alabama, Louisiana, Tennessee, Texas, and Florida offering similar commercial, consumer, and wealth products.
- Trustmark Corporation: Mississippi-based regional bank with consumer, commercial, and wealth offerings concentrated in Mississippi, Alabama, Tennessee, Texas, Louisiana, and Florida — directly overlapping Gulf South territory.
- ServisFirst Bancshares: Alabama-based super-regional bank offering commercial, consumer, and treasury services across the Southeast; directly comparable commercial-banking focus and Gulf South geography.
- United Community Banks: Georgia-headquartered Southeast regional bank offering consumer, commercial, and mortgage products across the Carolinas, Georgia, Florida, Tennessee, and Alabama — direct Gulf South competitor.
- Pinnacle Financial Partners: Tennessee-based regional bank with growing Southeast footprint offering commercial, consumer, and wealth services; directly comparable relationship-banking model and target market.
- Regions Financial Corporation: Large Southeast US bank providing consumer, commercial, and wealth services with significant footprint in Alabama, Mississippi, Louisiana, Tennessee, and Florida — directly competing markets.
- Synovus Financial Corp. Southeast-focused regional bank headquartered in Georgia with operations across the Carolinas, Florida, Alabama, and Tennessee — competing for the same commercial and consumer relationships.
- First Horizon Corporation: Parent entity of IBERIABANK following the 2022 merger; operates the same regional banking franchise across the Southeast US with personal, commercial, and wealth services — direct one-to-one overlap.
Broad incumbents
- Truist Financial Corporation: Major Southeast US bank formed by BB&T/SunTrust merger; offers a much broader national product suite but directly competes for IBERIABANK's core consumer, commercial, and wealth clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
IBERIABANK social profiles
Digital presenceIBERIABANK financial estimates
Financial estimateRevenue estimate
Valuation estimate
IBERIABANK leadership team
Management profileNumber of profiles
Profiles3 records
IBERIABANK funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IBERIABANK M&A and investment
M&A and investmentM&A16 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IBERIABANK
What does IBERIABANK do?
IBERIABANK (now operating as First Horizon Bank following its 2022 merger) provides a full suite of banking and financial services including personal checking and savings accounts, mortgages, personal loans, small business banking, commercial and industrial banking, wealth management, and trust services. The bank serves consumers and businesses across the Gulf South region through a combination of physical branch locations and digital/mobile banking channels.
Is IBERIABANK a public or private company?
IBERIABANK is a public company. It is classified as public and is currently operating.
When was IBERIABANK founded?
IBERIABANK was founded in 1887. It employs 5,001 to 10,000 people.
Where is IBERIABANK based?
IBERIABANK is headquartered in Lafayette, United States, in the North America region.
How does IBERIABANK make money?
One revenue line is on record: banking and Lending Services.
Who are IBERIABANK's main competitors?
Direct peers on record are Hancock Whitney Corporation, Cadence Bank, Trustmark Corporation, ServisFirst Bancshares, United Community Banks, Pinnacle Financial Partners, Regions Financial Corporation, Synovus Financial Corp. and First Horizon Corporation. Truist Financial Corporation is listed as a broad incumbent.
Does IBERIABANK have an API?
No public API is recorded for IBERIABANK.
What industry is IBERIABANK in?
IBERIABANK's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABABAC, SME Deposits & Business Accounts (Operating, Savings, CDs). Its NAICS code is 52211 and its SIC code is 6021.