Mar 31

Hancock Whitney Q1 2025 Earnings Report

Hancock Whitney reported solid profitability and capital growth during the first quarter of 2025.

Key Takeaways

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.

Net income reached $119.5 million with EPS of $1.38.

Net interest margin increased to 3.43%, supported by lower deposit costs.

Tangible common equity ratio improved to 10.01%.

Quarterly dividend increased 50% year-over-year to $0.45 per share.

Total Revenue
$365M
Previous year: $354M
+3.0%
EPS
$1.38
Previous year: $1.28
+7.8%
Net Interest Margin
3.43%
Previous year: 3.32%
+3.3%
Efficiency Ratio
55.22%
Previous year: 56.44%
-2.2%
Tangible Common Equity
10.01%
Previous year: 8.61%
+16.3%
Total Assets
$34.8B
Previous year: $35.2B
-1.4%

Hancock Whitney

Hancock Whitney

Hancock Whitney Revenue by Segment

Forward Guidance

Management expects modest growth in loans and deposits through 2025, supported by stable capital and asset quality metrics.

Positive Outlook

  • Loan balances expected to grow low-single digits from year-end 2024.
  • Deposit levels also forecasted to rise slightly.
  • Capital ratios projected to remain strong.
  • Continued focus on organic growth strategy.
  • No supplemental charges or unusual items expected.

Challenges Ahead

  • Loan and deposit balances declined during the quarter.
  • Higher nonaccrual loans noted.
  • Efficiency ratio slightly worsened from prior quarter.
  • Net interest income declined 1% linked-quarter.
  • Lower loan yields offsetting NIM improvements.