Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
04 June 1991Website:
http://www.hancockwhitney.comNext earnings report:
16 January 2025Last dividends:
05 September 2024Next dividends:
05 December 2024Price
after hours | Wed, 20 Nov 2024 21:02:56 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
HWC Latest News
HWC's third-quarter earnings beat estimates on the back of higher non-interest income and NII. Yet, the fall in total loan and deposit balance remains a concern.
Hancock Whitney Corporation (NASDAQ:HWC ) Q3 2024 Earnings Conference Call October 15, 2024 4:30 PM ET Company Participants Kathryn Mistich - Investor Relations Manager John Hairston - President & Chief Executive Officer Mike Achary - Chief Financial Officer Chris Ziluca - Chief Credit Officer Conference Call Participants Michael Rose - Raymond James Catherine Mealor - KBW Brett Rabatin - Hovde Group Ben Gerlinger - Citi Gary Tenner - D.A. Davidson Matt Olney - Stephens Christopher Marinac - Jamie Montgomery Scott Operator Good day, ladies and gentlemen and welcome to Hancock Whitney Corporation's Third Quarter 2024 Earnings Conference Call.
The headline numbers for Hancock Whitney (HWC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hancock Whitney (HWC) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.12 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Hancock Whitney (HWC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
After losing some value lately, a hammer chart pattern has been formed for Hancock Whitney (HWC), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
HWC's balance sheet deleveraging strategy and a shift in loan portfolio alongside potential interest rate cuts make it a lucrative pick for investors.
Hancock Whitney (HWC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Shares of Southern lender Hancock Whitney have done well since my last update in June, matching regional bank peers with a circa 19% total return. Q2 results look solid. Funding cost pressures have now dissipated, asset quality remains robust, and the bank has resumed share repurchases as expected. These shares are a little more expensive now, but relatively modest assumptions regarding growth and profitability can still drive double-digit upside from the current price.
Hancock Whitney Corporation (NASDAQ:HWC ) Q2 2024 Earnings Conference Call July 16, 2024 4:30 PM ET Company Participants Kathryn Mistich - Investor Relations Manager John Hairston - President & Chief Executive Officer Mike Achary - Chief Financial Officer Chris Ziluca - Chief Credit Officer Conference Call Participants Catherine Mealor - KBW Michael Rose - Raymond James Casey Haire - Jefferies Brandon King - Truist Securities Ben Gerlinger - Citi Brett Rabatin - Hovde Group Stephen Scouten - Piper Sandler Gary Tenner - D.A. Davidson Matt Olney - Stephens Christopher Marinac - Jamie Montgomery Scott Operator Good day, ladies and gentlemen, and welcome to Hancock Whitney Corporation Second Quarter 2024 Earnings Conference Call.
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 offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products. The company also provides commercial and industrial loans including real and non-real estate loans; construction and land development loans; and residential mortgages, as well as consumer loans. In addition, it offers commercial finance products to middle market and corporate clients, including leases and related structures; facilitates investments in new market tax credit activities and holding certain foreclosed assets; provides customers access to fixed annuity and life insurance products; and underwriting transactions products, as well as debt and mortgage-related securities. The company 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 was Hancock Whitney the previous earnings report?
No data
When does Hancock Whitney earnings report?
The next expected earnings date for Hancock Whitney is 16 January 2025