Loading…
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 in the United States. The company offers various transaction and savings deposit products, such as brokered deposits, time deposits, and money market accounts; treasury management services; secured and unsecured loan products, including revolving credit facilities; letters of credit and similar financial guarantees; trust and investment management services to retirement plans, corporations, and individuals; and investment advisory and brokerage products. It also provides commercial and industrial loans, such as commercial non-real estate and real estate loans; construction and land development loans; residential mortgages; and consumer loans comprising second lien mortgage home loans, home equity lines of credit, and nonresidential consumer purpose loans, automobiles, recreational vehicles and boats, other personal purposes, deposit account secured loans, and small portfolio of credit card receivables. In addition, the company offers commercial finance products to middle market and corporate clients comprising leases and related structures; invests in new market tax credit activities and holds certain foreclosed assets; fixed annuity and life insurance products, investment management and advisory, and other services; and underwrites transactions primarily for banking clients, as well as debt and mortgage-related securities. The company was founded in 1899 and is headquartered in Gulfport, Mississippi.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.5B | - | $486M | $523M | 10.9% | 4.9% | 5.5% |
| 2024 | $1.4B | - | $461M | $616M | 11.2% | 5.2% | 17.4% |
| 2023 | $1.4B | - | $393M | $470M | 10.3% | -0.8% | -25.1% |
| 2022 | $1.4B | - | $524M | $813M | 15.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,378.39 | 1,366.69 | 1,438.23 | 1,509.10 |
| Operating Revenue | - | 1,378.39 | 1,366.69 | 1,438.23 | 1,509.10 |
| Selling General And Administration | - | 459.61 | 510.77 | 488.77 | 491.47 |
| Interest Income | - | 1,137.06 | 1,620.50 | 1,692.99 | 1,614.62 |
| Interest Expense | - | 87.06 | 522.90 | 611.07 | 505.85 |
| Net Interest Income | - | 1,050 | 1,097.60 | 1,081.92 | 1,108.77 |
| Pretax Income | - | 659.20 | 490.13 | 573.97 | 612.40 |
| Tax Provision | - | 135.11 | 97.53 | 113.16 | 126.32 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.63 | 3.86 | 1.54 | 1.26 |
| Net Income Continuous Operations | - | 524.09 | 392.60 | 460.82 | 486.07 |
| Net Income From Continuing And Discontinued Operation | - | 524.09 | 392.60 | 460.82 | 486.07 |
| Net Income From Continuing Operation Net Minority Interest | - | 524.09 | 392.60 | 460.82 | 486.07 |
| Net Income | - | 524.09 | 392.60 | 460.82 | 486.07 |
| Net Income Common Stockholders | - | 516.47 | 388.59 | 457.79 | 484.03 |
| Net Income Including Noncontrolling Interests | - | 524.09 | 392.60 | 460.82 | 486.07 |
| Normalized Income | - | 521.63 | 377.07 | 454.54 | 481.21 |
| Diluted NI Availto Com Stockholders | - | 516.47 | 388.59 | 457.79 | 484.03 |
| Basic Average Shares | - | 87.35 | 87.05 | 86.95 | 85.28 |
| Diluted Average Shares | - | 87.35 | 87.05 | 86.95 | 85.44 |
| Reconciled Depreciation | - | 45.62 | 46.28 | 41.71 | 37.27 |
| Total Unusual Items | - | 3.10 | 19.39 | 7.82 | 6.12 |
| Total Unusual Items Excluding Goodwill | - | 3.10 | 19.39 | 7.82 | 6.12 |
| Special Income Charges | - | 3.10 | 19.39 | 7.82 | 6.12 |
| Other Special Charges | - | -3.10 | -19.39 | -7.82 | -6.12 |
| Gain On Sale Of Security | - | 5.74 | -64.96 | -3.79 | 5.81 |
| Depreciation Amortization Depletion Income Statement | - | 14.03 | 11.56 | 9.41 | 9.95 |
| Depreciation And Amortization In Income Statement | - | 14.03 | 11.56 | 9.41 | 9.95 |
| General And Administrative Expense | - | 445.83 | 497.31 | 475.47 | 477.21 |
| Other Gand A | 104.62 | - | - | - | - |
| Salaries And Wages | - | 430.94 | 447.34 | 451.26 | 459.22 |
| Insurance And Claims | - | 14.89 | 49.98 | 24.21 | 17.99 |
| Selling And Marketing Expense | - | 13.78 | 13.45 | 13.30 | 14.26 |
| Otherunder Preferred Stock Dividend | - | 7.62 | 4.01 | 3.03 | 2.04 |
| Amortization | - | 14.03 | 11.56 | 9.41 | 9.95 |
| Amortization Of Intangibles Income Statement | - | 14.03 | 11.56 | 9.41 | 9.95 |
| Occupancy And Equipment | - | 67.34 | 70.42 | 71.08 | 72.89 |
| Professional Expense And Contract Services Expense | - | 36.06 | 38.33 | 41.94 | 57.08 |
| Other Non Interest Expense | - | 168.87 | 199.98 | 202.46 | 215.99 |
| Securities Amortization | - | 4.77 | 5.79 | 6.25 | 4.26 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Hancock Whitney Corporationthis co. | HWC | $5.6B | 11.55 | 1.26 | 10.9% | - |
| Glacier Bancorp, Inc. | GBCI | $6.1B | 25.69 | 1.46 | 5.7% | - |
| United Bankshares, Inc. | UBSI | $6.0B | 12.97 | 1.10 | 8.5% | - |
| Flagstar Bank, National Association | FLG | $5.9B | -33.23 | 0.77 | -2.3% | - |
| Home BancShares, Inc. | HOMB |
| - |
| - |
| - |
| - |
| - |
| - |
| $5.4B |
| 11.37 |
| 1.26 |
| 11.1% |
| - |
| Essent Group Ltd. | ESNT | $5.3B | 7.64 | 0.92 | 12.0% | - |
| Associated Banc-Corp | ASB | $5.2B | 11.04 | 1.10 | 9.9% | - |
| Selective Insurance Group, Inc. | SIGI | $5.1B | 11.04 | 1.51 | 13.7% | - |
| Nelnet, Inc. | NNI | $4.7B | 11.06 | 1.26 | 11.4% | - |
| Peer Median | - | 11.05 | 1.18 | 10.5% | - | |