Eastern Bankshares has agreed to acquire HarborOne Bancorp in a stock and cash transaction valued at $490 million, reflecting ongoing consolidation in the banking sector amid market uncertainty. Separately, Cadence Bank announced a merger agreement to acquire Industry Bancshares, Inc., the holding company for multiple banks. This acquisition will expand Cadence Bank's presence in southern California and result in a combined entity with approximately $70 billion in assets. Industry Bancshares had previously secured a $195 million common stock raise led by CSBH, with Federal Reserve approval granted in February. However, the current sale to Cadence Bank is reportedly at a lower valuation than the earlier capital raise. Additionally, the CEO of Increase has filed a Change in Bank Control Act notice to acquire shares in a small Washington-based bank holding company, signaling further activity in the banking sector.