Jun 30

Hancock Whitney Q2 2025 Earnings Report

Hancock Whitney reported solid profitability with loan growth and improved efficiency ratio in Q2 2025.

Key Takeaways

Hancock Whitney posted strong Q2 2025 results with EPS of $1.32 ($1.37 adjusted), net income of $113.5M, improved net interest margin, and loan growth despite deposit declines.

Net income reached $113.5M with EPS of $1.32 ($1.37 adjusted)

Loan growth of $363.6M driven by stronger commercial demand

Net interest margin expanded to 3.49%

Efficiency ratio improved to 54.91%

Total Revenue
$375M
Previous year: $360M
+4.4%
EPS
$1.32
Previous year: $1.31
+0.8%
Net interest margin
3.49%
Previous year: 3.37%
+3.6%
Efficiency ratio
54.91%
Previous year: 56.18%
-2.3%
Tangible common equity ratio
9.84%
Previous year: 8.77%
+12.2%
Total Assets
$35.2B
Previous year: $35.4B
-0.6%

Hancock Whitney

Hancock Whitney

Hancock Whitney Revenue by Segment

Forward Guidance

Management expects low single-digit loan and deposit growth for 2025, maintaining focus on profitability and efficiency.

Positive Outlook

  • Expect low single-digit loan growth from 2024 levels
  • Period-end deposit levels expected to rise low single digits in 2025
  • Focus on profitability and efficiency continues
  • Organic growth strategy execution remains on track
  • Sabal Trust acquisition expected to contribute positively

Challenges Ahead

  • Deposit declines driven by retail time deposit maturity and promotional rate reductions
  • Provision for credit losses increased to $14.9M
  • Net charge-offs rose to $17.8M
  • CET1 and TCE ratios declined sequentially
  • Continued pressure from seasonal outflows in public fund deposits