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Dec 31, 2024

Hancock Whitney Q4 2024 Earnings Report

Reported EPS of $1.40.

Key Takeaways

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.

Net income totaled $122.1 million, compared to $115.6 million in the prior quarter

Pre-provision net revenue (PPNR) totaled $165.2 million, compared to $166.5 million in the prior quarter

Loans decreased $156.1 million, or 3% linked quarter annualized (LQA)

Deposits increased $509.9 million, or 7% LQA

Total Revenue
$365M
Previous year: $308M
+18.3%
EPS
$1.4
Previous year: $1.26
+11.1%
Net Interest Margin
3.41%
Previous year: 3.27%
+4.3%
Efficiency Ratio
54.46%
Previous year: 55.58%
-2.0%
Tangible Common Equity
9.47%
Previous year: 8.37%
+13.1%
Cash and Equivalents
$940M
Previous year: $627M
+49.9%
Total Assets
$35.1B
Previous year: $35.6B
-1.4%

Hancock Whitney

Hancock Whitney

Forward Guidance

Management expects 2025 period-end loan balances to be up mid-single digits from year-end 2024 and deposit levels to be up low-single digits from year-end 2024.

Positive Outlook

  • Expects 2025 period-end loan balances to be up mid-single digits from year-end 2024.
  • Expects 2025 period-end deposit levels to be up low-single digits from year-end 2024.
  • Regulatory capital ratios continued to climb, with total risk-based capital reaching nearly 16%.
  • Well-positioned as we enter 2025
  • Expansion of outstanding team of revenue generators and financial center locations.