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Dec 31, 2019
Hancock Whitney Q4 2019 Earnings Report
Hancock Whitney's Q4 2019 earnings were reported, showing an EPS of $1.03.
Key Takeaways
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.
Net income was $92.1 million, or $1.03 per diluted share, up $24.3 million, or $.26 per share.
Nonoperating items totaled $3.9 million in 4Q19.
Excluding nonoperating items, EPS was $1.06 in 4Q19.
Operating leverage increased $0.6 million linked-quarter (revenue up $9.8 million, operating expense up $9.2 million)
Hancock Whitney
Hancock Whitney
Hancock Whitney Revenue by Segment
Forward Guidance
Management expects the tax rate in the first quarter of 2020 to approximate 18-19%.