Hancock Whitney Corporation
- Open
- 78.67
- Day high
- 78.67
- Day low
- 76.82
- Prev close
- 78.46
- Volume
- 1.1M
- Mkt cap
- $6.3B
- P/E (TTM)
- 15.7
- EPS (TTM)
- $4.91
- P/B
- 1.4
- P/S
- 3.2
- Yield
- 2.46%
- Per share
- $1.90
- ▼Insiders net selling -$28K over the last 3 months (0 open-market buys, 1 sale)
- 🏛Institutions mixed (13F)
Hancock Whitney Corporation (HWC) is a Financial Services company listed on NASDAQ. The stock is up 28% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 1 sale (SEC Form 4).
Hancock Whitney Corporation (HWC) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 6 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
HWC earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 21, 2026 | $1.48 | $1.52 | +2.7% | $394M | +0.3% |
| Jan 20, 2026 | $1.48 | $1.49 | +0.7% | $389M | -0.8% |
| Oct 14, 2025 | $1.43 | $1.49 | +4.2% | $384M | -1.9% |
| Jul 15, 2025 | $1.34 | $1.37 | +2.2% | $374M | -4.3% |
| Apr 15, 2025 | $1.29 | $1.38 | +7.0% | $363M | -1.4% |
| Jan 21, 2025 | $1.28 | $1.40 | +9.4% | $364M | -0.4% |
| Oct 15, 2024 | $1.30 | $1.33 | +2.3% | $365M | -0.6% |
| Jul 16, 2024 | $1.20 | $1.31 | +9.2% | $359M | -0.2% |
| Apr 16, 2024 | $1.18 | $1.24 | +5.1% | $351M | -1.5% |
| Jan 16, 2024 | $1.15 | $1.26 | +9.6% | $289M | -15.7% |
| Oct 17, 2023 | $1.04 | $1.12 | +7.7% | $354M | -1.1% |
| Jul 18, 2023 | $1.34 | $1.35 | +0.7% | $357M | -2.2% |
HWC insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 30, 2026 | Little Sonya Cdirector | Grant | 89 | $74.76 |
| Jun 30, 2026 | Wilkins Carleton Richarddirector | Grant | 54 | $74.76 |
| Jun 30, 2026 | Perez Soniadirector | Grant | 21 | $74.76 |
| Jun 30, 2026 | Liollio Deandirector | Grant | 359 | $74.76 |
| May 26, 2026 | PICKERING CHRISTINE Ldirector | Sell | 417 | $67.16 |
| May 4, 2026 | Davis Stacy Joofficer: Chief HR Officer | Tax | 83 | $67.51 |
| Apr 30, 2026 | PICKERING CHRISTINE Ldirector | Grant | 1,187 | $67.41 |
| Apr 30, 2026 | Perez Soniadirector | Grant | 1,187 | $67.41 |
| Apr 30, 2026 | Wilkins Carleton Richarddirector | Grant | 1,187 | $67.41 |
| Apr 30, 2026 | Little Sonya Cdirector | Grant | 1,187 | $67.41 |
| Apr 30, 2026 | Liollio Deandirector | Grant | 1,187 | $67.41 |
| Apr 30, 2026 | Kent Suzette Kdirector | Grant | 1,187 | $67.41 |
| Apr 30, 2026 | Olinde Thomas Hdirector | Grant | 1,187 | $67.41 |
| Apr 30, 2026 | Williams Albert Jdirector | Grant | 1,187 | $67.41 |
| Apr 30, 2026 | Levens Jerry Ldirector | Grant | 1,187 | $67.41 |
Source: HWC SEC Form 4 filings, latest Jun 30, 2026. For informational purposes only — not investment advice.
See the full HWC insider & 13F page →Hancock Whitney Corporation company profile
Overview
Hancock Whitney Corporation (NASDAQ:HWC) is a regional banking holding company founded in 1899 and headquartered in Gulfport, Mississippi. The company operates through its primary subsidiary, Hancock Whitney Bank, which provides traditional and online banking services across the Gulf South region. Originally known as Hancock Holding Company, the corporation adopted its current name in May 2018. With over 125 years of banking history, Hancock Whitney has established itself as a significant regional player serving commercial, small business, and retail customers through 177 banking locations and 239 ATMs primarily across Mississippi, Alabama, Louisiana, Florida, and Texas.
Business
Hancock Whitney Corporation operates as a regional bank holding company in the traditional banking industry. The company provides comprehensive financial services through multiple business segments that serve different customer types and needs. Commercial Banking represents the largest revenue segment, focusing on business customers ranging from small enterprises to large corporations. This division offers commercial and industrial loans, commercial real estate financing, construction and land development loans, revolving credit facilities, letters of credit, and treasury management services. The bank has particular expertise in serving privately owned businesses throughout the southern United States. Retail Banking serves individual consumers and families with traditional deposit products including checking accounts, savings accounts, money market accounts, and certificates of deposit. The retail segment also provides consumer loans such as residential mortgages, home equity lines of credit, second lien mortgage loans, and other personal lending products. Wealth Management and Trust Services caters to high-net-worth individuals, retirement plans, and corporations seeking investment management, trust administration, and financial planning services. This segment has been expanding through strategic acquisitions, including the recent purchase of Sabal Trust Company in Florida to enhance wealth management capabilities. Specialty Finance includes equipment financing, healthcare lending, and other specialized lending products that require industry expertise. The bank also facilitates investments in new market tax credit activities and manages various foreclosed assets. The company generates revenue primarily through net interest income (the difference between interest earned on loans and investments versus interest paid on deposits), supplemented by fee-based services across all segments. Regional banks like Hancock Whitney serve as intermediaries in the financial system, taking deposits from customers and lending those funds to borrowers while providing various financial services.
Revenue model
Hancock Whitney generates revenue through two primary channels: net interest income and fee-based services. Net interest income, which represents the majority of revenue, comes from the spread between interest earned on loans and investments and interest paid to depositors. The bank collects deposits from retail and commercial customers, then lends these funds at higher interest rates to borrowers, capturing the interest rate differential as profit. Fee-based revenue comes from various services including treasury management fees, trust and investment management fees, bank card and ATM fees, mortgage banking income from loan originations and sales, and other service charges. The company also generates income from investment brokerage services, annuity and life insurance product sales, and SBA lending fees. The bank's profitability is significantly influenced by several key factors. Interest rate environment directly impacts net interest margins - rising rates generally benefit banks by allowing them to charge higher loan rates while deposit costs typically rise more slowly. Credit quality affects profitability through loan loss provisions, with economic downturns potentially increasing charge-offs and reducing earnings. Loan demand from businesses and consumers drives balance sheet growth and revenue expansion, while deposit competition can pressure funding costs and compress margins. Regulatory environment impacts operations through compliance costs and capital requirements, while operational efficiency measured by the efficiency ratio (expenses divided by revenue) determines how much of the revenue flows to the bottom line. The company has maintained an efficiency ratio in the low-to-mid 50% range, indicating relatively strong cost control. Economic conditions in the Gulf South region, including energy sector performance, real estate markets, and overall business activity, also significantly influence loan demand and credit quality given the bank's geographic concentration.
Competitive moat
Hancock Whitney's competitive moat is moderate but geographically concentrated, stemming primarily from its established market presence in the Gulf South region and relationship-based banking model. The bank has built strong local market knowledge and customer relationships over its 125-year history, particularly in Mississippi, Alabama, Louisiana, and parts of Florida and Texas. This regional expertise creates switching costs for business customers who value local decision-making and personalized service that larger national banks often cannot provide. The company's relationship banking approach focuses on serving privately owned businesses, where personal relationships and local market understanding create competitive advantages over larger institutions. Small and medium-sized businesses often prefer working with regional banks that can provide faster decision-making, flexible terms, and dedicated relationship managers who understand local market conditions. However, the moat faces several challenges. Geographic concentration creates vulnerability to regional economic downturns, particularly in energy-dependent markets. The banking industry is highly competitive, with numerous regional and national competitors offering similar products and services. Technology disruption from fintech companies and digital-first banks threatens traditional relationship banking models, especially among younger customers who prioritize convenience over personal relationships. Regulatory barriers provide some protection by making it difficult for new entrants to obtain banking charters, but existing competitors can expand into Hancock Whitney's markets. The bank's moderate scale compared to national institutions limits its ability to invest heavily in technology and compete on pricing for larger commercial relationships. Additionally, the commoditized nature of basic banking products reduces pricing power, making the moat relatively narrow compared to businesses with stronger network effects or unique value propositions.
Risks & safety
Overall Assessment: Hancock Whitney maintains a solid financial position with strong capital ratios and manageable risk levels, though regional concentration creates some vulnerability. Liquidity and Solvency: • Cash and short-term investments: $1.5 billion (Q4 2024) • Strong capital ratios: Common Equity Tier 1 ratio of 13.79%, Tangible Common Equity of 9.56% • Debt-to-equity ratio: 0.23 (relatively low leverage) • Positive free cash flow: $189 million (Q4 2024) Valuation Metrics: • Price-to-earnings ratio: 9.7x (reasonable for regional bank) • Price-to-book ratio: 1.14x (modest premium to book value) • Return on equity: 11.2% (FY 2024, solid profitability) • Efficiency ratio: 55-56% range (good cost control) Other Considerations: • Credit quality showing normalization with modest increase in criticized loans • Geographic concentration in Gulf South creates regional economic exposure • Interest rate sensitivity provides both opportunity and risk depending on rate environment • Regulatory capital ratios well above minimum requirements provide cushion
Recent development
Over the past few years, Hancock Whitney has executed a strategic repositioning focused on balance sheet optimization and organic growth preparation. The most significant initiative has been the systematic reduction of the Shared National Credit (SNC) portfolio, with management reducing exposure by over $250 million in Q3 2024 alone as part of a multi-year effort to de-risk the balance sheet and focus on more granular, relationship-based lending. The company has pursued strategic acquisitions to enhance capabilities, most notably announcing the acquisition of Sabal Trust Company in Florida during Q4 2024 to expand wealth management services and strengthen its presence in the Florida market. This acquisition aligns with the bank's strategy to grow fee-based revenue streams and serve high-net-worth clients. Geographic expansion and talent acquisition has been a key focus, with plans to open five new financial centers in North Dallas and hire approximately 35 new bankers in 2025. The company has been actively recruiting commercial bankers in Texas and Florida markets, viewing these as higher-growth opportunities compared to its traditional Mississippi and Alabama markets. Capital management initiatives have included returning capital to shareholders through both dividends and share repurchases. The company increased its common stock dividend by 33% in Q2 2024 and has maintained an active share repurchase program, buying back over 300,000 shares in multiple quarters. The bank has also focused on operational efficiency improvements, maintaining its efficiency ratio in the mid-50% range while making strategic investments in technology and personnel. Management has emphasized preparing for loan growth acceleration expected in 2025, positioning the bank to capitalize on improved economic conditions while maintaining disciplined underwriting standards.
HWC company profile · for informational purposes only — not investment advice.
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