Hancock Whitney delivered strong Q1 2025 results, with a net income of $119.5M and EPS of $1.38. The bank saw continued capital strength and improved net interest margin, despite declines in loans and deposits.
Hancock Whitney Corporation reported a net income of $122.1 million for Q4 2024, resulting in an EPS of $1.40. The results reflect a strong conclusion to the year.
Hancock Whitney reported a net income of $115.6 million, or $1.33 per diluted common share, for the third quarter of 2024, compared to $114.6 million in the prior quarter. The results reflect improved profitability driven by NIM expansion, fee income growth, and lower operating expenses. Credit metrics showed normalization with an increase in criticized commercial loans, while non-accrual loans decreased and capital ratios remained strong.
Hancock Whitney reported a net income of $114.6 million, or $1.31 per diluted common share, for the second quarter of 2024. The company saw improvements in profitability with NIM expansion and fee income growth, while credit metrics continued to normalize. Capital ratios remained strong, and the company deployed capital by increasing the common dividend per share and resuming share buybacks.
Hancock Whitney Corporation reported a net income of $108.6 million for Q1 2024, translating to $1.24 per diluted common share. This quarter's results reflect a positive start to the year, driven by efforts to reposition the balance sheet and expand the net interest margin (NIM).
Hancock Whitney's net income for Q4 2023 was $50.6 million, or $0.58 per diluted share. Excluding supplemental disclosure items, EPS would be $1.26, up $0.14 linked-quarter. Adjusted pre-provision net revenue (PPNR) totaled $157.5 million, up 3% linked-quarter. Deposits decreased $630.3 million, or 8% LQA, primarily due to maturity of $567.5 million in brokered deposits.
Hancock Whitney reported a net income of $97.7 million for Q3 2023, with an EPS of $1.12. Results reflect the continued strength and stability of the company, with loan and deposit growth. Net income was impacted by an idiosyncratic charge-off of $29.7 million.
Hancock Whitney reported a net income of $117.8 million, or $1.35 per diluted share, for Q2 2023. Loan growth was funded by client deposit growth and runoff from the securities portfolio. The DDA remix continues to drive higher deposit betas for the quarter, and, in turn, higher than expected NIM compression.
Hancock Whitney reported a net income of $126.5 million, or $1.45 per diluted common share, for the first quarter of 2023. The company saw growth in deposits and loans, maintained stable asset quality, and ended the quarter with strong liquidity and improved capital ratios. However, net interest margin was compressed due to increased deposit costs.
Hancock Whitney Corporation reported a net income of $143.8 million, or $1.65 per diluted common share, for the fourth quarter of 2022, compared to $135.4 million, or $1.55 per diluted common share, in the third quarter of 2022.
Hancock Whitney reported a strong third quarter in 2022, with net income totaling $135.4 million, or $1.55 per diluted common share. The company experienced significant loan growth, an increase in net interest margin, and maintained historically low asset quality metrics. The efficiency ratio improved, and CET1 capital remained strong.
Hancock Whitney Corporation reported a net income of $121.4 million, or $1.38 per diluted common share, for the second quarter of 2022. The results reflect core loan growth, improved net interest margin, and the achievement of the target efficiency ratio.
Hancock Whitney reported a solid first quarter in 2022, with core loan growth and stable deposits. The company's asset quality metrics remained strong, and the net interest margin widened slightly.
Hancock Whitney Corporation reported net income of $137.7 million, or $1.55 per diluted common share (EPS), for the fourth quarter of 2021. Core loan growth and deposit increases contributed to the company's success. The company grew to over $36 billion in total assets, as both loan and deposit growth exceeded expectations.
Hancock Whitney reported net income of $129.6 million, or $1.46 per diluted common share (EPS) for Q3 2021. The quarter included ($1.4) million of net nonoperating income items, including Hurricane Ida expenses and a gain from the sale of Hancock Horizon Funds.
Hancock Whitney Corporation reported a net income of $88.7 million, or $1.00 per diluted common share (EPS) for the second quarter of 2021. These results include $42.2 million, or $0.37 per share after-tax, of net nonoperating items related to branch closures, debt redemption, and a voluntary early retirement program, offset by a gain on the sale of Mastercard stock.
Hancock Whitney reported a net income of $107.2 million, or $1.21 per diluted common share (EPS) for the first quarter of 2021, compared to $103.6 million, or $1.17 per diluted common share, in the fourth quarter of 2020.
Hancock Whitney reported a net income of $103.6 million, or $1.17 per diluted common share, for the fourth quarter of 2020. The results include a $0.21 contribution to EPS from tax strategies implemented at year-end.
Hancock Whitney reported a net income of $79.4 million, or $0.90 per diluted common share (EPS), for the third quarter of 2020, compared to a net loss of $117.1 million in the second quarter of 2020. The company's CET1 ratio improved to 10.29%.
Hancock Whitney announced a net loss of $117.1 million, or ($1.36) per diluted share, for the second quarter of 2020. This was due to a special provision for credit losses related to the sale of energy loans and continued building of reserves for potential losses related to COVID-19. Pre-provision, net revenue was $118.5 million, up 2.4% linked-quarter.
Hancock Whitney reported a net loss of $111.0 million, or ($1.28) per diluted common share (EPS), for the first quarter of 2020. This loss was primarily driven by a significant increase in the provision for credit losses, which included $246.8 million related to COVID-19 and declining oil prices, as well as $9.8 million related to write-offs of equity interests in two energy companies. Despite the loss, the company's underlying earnings showed strength in loan growth, net interest income, and fee income, with solid capital and liquidity levels.
Hancock Whitney reported net income of $92.1 million, or $1.03 per diluted common share, for the fourth quarter of 2019. Results included $3.9 million of MidSouth merger-related expenses.