Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
04 June 1991Website:
http://www.hancockwhitney.comNext earnings report:
16 July 2024Last dividends:
05 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:01:09 GMTAnalysts recommendations
Institutional Ownership
HWC Latest News
GULFPORT, Miss.--(BUSINESS WIRE)--Hancock Whitney Corporation to announce second quarter 2024 financial results and host conference call July 16.
Hancock Whitney (HWC) is well-poised for growth driven by solid loans, expansion initiatives, a rise in non-interest income and high rates. Yet, muted mortgage income and weak asset quality are woes.
Citi analyst Ben Gerlinger initiated a "positive catalyst watch" on Hancock Whitney Corp. and predicted a summer rally for regional bank stocks.
Hancock Whitney (HWC) raises its quarterly cash dividend by 33.3% to 40 cents per share. With a strong balance sheet and good liquidity, the company's capital distribution plans are expected to remain sustainable.
Hancock Whitney (HWC) experiences a drop in revenue and increased expenses in the first quarter of 2024.
Hancock Whitney Corporation (NASDAQ:HWC) First Quarter 2024 Earnings Call Transcript on April 16, 2024 at 4:30 PM ET with Company Representatives Kathryn Mistich, John Hairston, Mike Achary, and Chris Ziluca, along with various Conference Call Participants. Thank you for joining us today.
The key figures for Hancock Whitney (HWC) offer a glimpse into the company's performance in the first quarter of 2024, but it could be beneficial to compare certain important metrics with Wall Street forecasts and the previous year's results.
Hancock Whitney (HWC) reported earnings of $1.28 per share for the quarter, surpassing the Zacks Consensus Estimate of $1.18 per share. This is lower than the earnings of $1.45 per share from the same period last year.
Assess the anticipated performance of Hancock Whitney (HWC) for the first quarter of 2024 by going beyond typical Wall Street forecasts and analyzing important metrics to gain a deeper understanding.
Hancock Whitney (HWC) lacks the necessary combination of factors for a potential earnings beat in its upcoming report. Be sure to have the key expectations in mind.
- 1(current)
- 2
What type of business is Hancock Whitney?
Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It accepts various deposit products, including noninterest-bearing demand deposits, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts. The company also offers loans products comprising commercial and industrial loans; commercial real estate loans; construction and land development loans; residential mortgages; consumer loans comprising second lien mortgage home loans, home equity lines of credit, and nonresidential consumer purpose loans; revolving credit facilities; and letters of credit and financial guarantees. In addition, it offers investment brokerage and treasury management services, and annuity and life insurance products; and trust and investment management services to retirement plans, corporations, and individuals. Further, the company facilitates investments in new market tax credit activities; and holds various foreclosed assets. The company operates 177 banking locations and 239 automated teller machines primarily in the Gulf south corridor, including southern and central Mississippi; southern and central Alabama; southern, central, and northwest Louisiana; the northern, central, and panhandle regions of Florida; and certain areas of east Texas, including Houston, Beaumont, Dallas, and San Antonio. It also operates a loan production office in Tennessee; and a trust and asset management office in Texas. The company was formerly known as Hancock Holding Company and changed its name to Hancock Whitney Corporation in May 2018. Hancock Whitney Corporation was founded in 1899 and is headquartered in Gulfport, Mississippi.
What sector is Hancock Whitney in?
Hancock Whitney is in the Financial Services sector
What industry is Hancock Whitney in?
Hancock Whitney is in the Banks - Regional industry
What country is Hancock Whitney from?
Hancock Whitney is headquartered in United States
When did Hancock Whitney go public?
Hancock Whitney initial public offering (IPO) was on 04 June 1991
What is Hancock Whitney website?
https://www.hancockwhitney.com
Is Hancock Whitney in the S&P 500?
No, Hancock Whitney is not included in the S&P 500 index
Is Hancock Whitney in the NASDAQ 100?
No, Hancock Whitney is not included in the NASDAQ 100 index
Is Hancock Whitney in the Dow Jones?
No, Hancock Whitney is not included in the Dow Jones index
When does Hancock Whitney report earnings?
The next expected earnings date for Hancock Whitney is 16 July 2024