HWC

WaFd Inc.’s WAFD third-quarter fiscal 2026 (ended June 30) adjusted earnings of 81 cents per share lagged the Zacks Consensus Estimate by a penny. However, the bottom line jumped 11% year over year.Results were hurt by a substantial rise in provisions and higher expenses. Further, lower loan and deposit balances acted as a spoilsport. These were partially offset by higher net interest income (NII) and non-interest income. The quarterly results excluded certain notable items. After considering these, net income available to common shareholders was $62.5 million, up 7.2% from the prior-year quarter. Our estimate for the metric was $60.2 million. Quarterly net revenues (net interest income plus total non-interest income) were $205.5 million, up 10.3% from the prior-year quarter. The top line outpaced the Zacks Consensus Estimate of $198.9 million. NII for the quarter was $181.3 million, rising 7.9% year over year. The net interest margin (NIM) was 2.81%, up 12 basis points (bps) from 2.69% in the year-ago quarter. Our estimates for NII and NIM were $176.1 million and 2.80%, respectively.Total non-interest income of $24.2 million increased 32.3% year over year. The rise was primarily driven by higher other income, deposit fee income and loan fee income. Excluding certain one-time gains, adjusted non-interest income rose 13% to $20.7 million. Our estimate for the metric was $20.1 million and did not include any one-time gain numbers.Total non-interest expenses were $110.3 million, up 5.8%. The increase was mainly due to higher compensation, technology, product delivery, occupancy and FDIC insurance expenses. Our estimate for the metric was $111.6 million.The company’s efficiency ratio was 53.69%, down from 56.01% in the prior-year quarter. A fall in the efficiency ratio reflects improved profitability.Return on average common equity was 9.23% at the end of the third quarter of fiscal 2026, up from 8.54% in the prior-year quarter. Return on average assets was 0.96%, up from 0.92%. As of June 30, 2026, net loans receivable were $20.02 billion, down 1.3% from the year-ago quarter. We projected the metric to be $20.08 billion.Total deposits were $20.93 billion, down 2.1% from $21.39 billion in the prior-year quarter. Our estimate for the metric was $21.25 billion. As of June 30, 2026, allowance for credit losses (including the reserve for unfunded commitments) was 1....

Wall Street banks and smaller competitors remain attractive investment opportunities as financial in

GULFPORT, Miss., June 23, 2026--(BUSINESS WIRE)--Hancock Whitney Corporation (Nasdaq: HWC) will announce second quarter 2026 financial results on Tuesday, July 21, 2026 after the market closes. Management will host a conference call for analysts and investors at 3:30 p.m. Central Time on Tuesday, July 21, 2026, to review the results. A live listen-only webcast of the call will be available under the Investor Relations section of Hancock Whitney’s website at investors.hancockwhitney.com. To participate in the Q&A portion of the call, dial 833-461-5787, access code 863473372. A replay of the conference call will be available under the Investor Relations section of our website. About Hancock Whitney Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; and mortgage services. The company also operates combined loan and deposit production offices in the greater metropolitan areas of Nashville, Tennessee, and Atlanta, Georgia. More information is available at www.hancockwhitney.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260623032144/en/ Contacts For more information Ashleigh Flower Wilshire, SVP, Head of Investor Relations504.299.5076 or [email protected]

A month has gone by since the last earnings report for Hancock Whitney (HWC). Shares have lost about 0.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Hancock Whitney due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Hancock Whitney Corporation before we dive into how investors and analysts have reacted as of late. Hancock Whitney’s first-quarter 2026 adjusted earnings per share of $1.52 beat the Zacks Consensus Estimate of $1.48. Further, the bottom line rose 10.1% from the prior-year quarter.Results were supported by higher net interest income and modest loan growth. However, the quarter was significantly impacted by a securities portfolio restructuring loss. Deposits also declined modestly. Additionally, higher expenses and increased provisions acted as headwinds.Results excluded a one-time charge related to a net loss on the securities portfolio restructure. After considering this, net income was $47.4 million, down 60.3% from the prior-year quarter. Our estimate for the metric was $117.8 million and did not include this one-time charge. Quarterly total revenues were $292.6 million, which missed the Zacks Consensus Estimate of $389 million. The top line declined 19.8% year over year. NII (on a tax-equivalent basis) increased 5.4% year over year to $287.6 million. The net interest margin was 3.55%, which expanded 12 basis points (bps). Our estimates for NII and NIM were $285 million and 3.47%, respectively.Non-interest income was $7.5 million, plunging 92.1% year over year. The decline was primarily due to a net loss on securities transactions. Excluding this, adjusted non-interest income of $106.1 million grew almost 12%. We had projected non-interest income of $103.9 millionTotal non-interest expenses (GAAP) increased 7.7% to $220.7 million. We had projected expenses of $221.4 million. The efficiency ratio increased to 55.43% from 55.22% in the year-ago quarter. An increase in the efficiency ratio indicates a decrease in profitability. As of March 31, 2026, total loans were $24 billion, up marginally from the prior quarter. Total deposits were $29 billion, slightly down from the previous quarter. Our estimates for total loans and deposits were $24.2 billion and $29...

LendingTree, Inc. TREE reported first-quarter 2026 adjusted net income per share of $1.66, which surpassed the Zacks Consensus Estimate of $1.49. The figure compares favorably with 99 cents reported in the prior-year quarter. Shares of the company gained 2.5% in yesterday’s trading session following the release of better-than-expected results and a raised full-year 2026 outlook. Results were driven by a rise in revenues. An increase in adjusted EBITDA was an added positive. However, a rise in total cost acted as a spoilsport. Results exclude certain non-recurring items. After considering these, TREE reported a GAAP net income of $17.3 million, or $1.22 per share, against the net loss of $12.4 million in the year-ago quarter. Total revenues in the first quarter grew 36.5% year over year to $327.3 million. The reported figure surpassed the Zacks Consensus Estimate by 1.9%. Total cost of revenues was $11.7 million, up 18% from the prior-year quarter. Total costs and expenses were $296.1 million, up 19.9% from the previous-year quarter. Adjusted EBITDA totaled $42 million, up 70.7% from the year-ago quarter. The variable marketing margin was $99.5 million, up 28.1%. As of March 31, 2026, cash and cash equivalents were $85.5 million compared with $81.1 million as of Dec. 31, 2025. Long-term debt was $387 million compared with $387.7 million as of Dec. 31, 2025. Total revenues are projected to be between $305 million and $325 million. Adjusted EBITDA is anticipated to be between $38 million and $40 million. The variable marketing margin is anticipated to be between $93 million and $97 million. Total revenues are expected to be between $1.30 billion and $1.35 billion compared with the prior range of $1.28 billion to $1.33 billion. Adjusted EBITDA is projected to be in the range of $152-$162 million versus the previous range of $150-$160 million. The variable marketing margin is expected to be in the range of $378-$395 million compared with $374-$394 million previously. TREE’s inorganic growth moves have strengthened its online lending platform. Its first-quarter results primarily benefited from an increase in EBITDA. The company’s efforts to increase revenues by diversifying its non-mortgage product offerings will support top-line growth in the future. LendingTree, Inc. price-consensus-eps-surprise-chart | LendingTree, Inc. Quote Currently, LendingTree carries a Za...

Company Has Paid an Uninterrupted Quarterly Dividend Since 1967 GULFPORT, Miss., April 30, 2026--(BUSINESS WIRE)--Hancock Whitney Corporation (Nasdaq: HWC) announced today that the company’s board of directors approved a regular second quarter 2026 common stock cash dividend of $0.50 per common share. The second quarter common stock cash dividend is payable June 15, 2026 to shareholders of record as of June 5, 2026. About Hancock Whitney Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; and mortgage services. The company also operates combined loan and deposit production offices in the greater metropolitan areas of Nashville, Tennessee, and Atlanta, Georgia. More information is available at www.hancockwhitney.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260430661646/en/ Contacts For more information Kathryn Shrout Mistich, SVP, Investor Relations Manager 504.539.7836 or [email protected]

Net interest margin expanded 7 basis points to 3.55%, primarily driven by a strategic bond portfolio restructuring completed in January and lower deposit costs. Loan growth of $33 million was moderated by seasonal public fund outflows and planned paydowns in CRE and healthcare, though production increased $365 million year-over-year. Management successfully onboarded 27 net new revenue producers in Q1, targeting a total of 50 for the year to accelerate market share gains in Texas and business banking. Efficiency remained a priority with a 55% efficiency ratio, as seasonal payroll tax increases were offset by disciplined expense management and strong fee income performance. Capital deployment was prioritized through the repurchase of 1.4 million shares and an 11% dividend increase, supported by a robust CET1 ratio of 13.3%. The deposit mix remains a core strength with DDAs representing 36% of total deposits, despite seasonal fluctuations in public funds. Updated guidance now assumes no interest rate cuts through 2026, with management expecting no significant negative impact on NII or NIM under this flat-rate scenario. Loan growth is projected to accelerate in the second half of the year toward mid-single-digit targets as new banker hires from 2024 and 2025 reach peak productivity. NIM expansion is forecasted to reach the upper end of the 12 to 15 basis point range by Q4 2026, supported by approximately $1 billion in bond cash flows reinvesting at higher yields. Management intends to exhaust the remaining 4.1 million share repurchase authorization throughout the year, contingent on market valuation and organic growth opportunities. Expense guidance is biased toward the upper end of previous ranges due to the accelerated pace of hiring revenue-generating personnel earlier in the year. The January bond restructuring contributed 4 basis points to Q1 NIM, with a full quarterly impact expected to reach 32 basis points in bond yield improvement. CD renewal rates remain healthy at 85%, though the benefit of repricing maturing CDs lower is expected to diminish as the year progresses in a flat-rate environment. Credit quality remains stable with criticized commercial loans decreasing for the fifth consecutive quarter, though management expects a flattening of this trend rather than continued rapid improvement. Net charge-offs are projected to remain within a range of 1...

Hancock Whitney (HWC) reported Q1 adjusted earnings late Tuesday of $1.52 per diluted share, up from

This article first appeared on GuruFocus. Adjusted ROA: 1.43% ROTCE: 14.64% EPS: $1.52, increased over 10% from the same quarter last year Net Interest Margin (NIM): Expanded 7 basis points to 3.55% Efficiency Ratio: Approximately 55% Loan Growth: $33 million or 1% annualized Loan Production: $1.2 billion, up $365 million year-over-year Deposits: Down $198 million or 3% annualized Interest-bearing Transaction and Savings Accounts: Up $261 million Retail Time Deposits: Down $149 million CD Renewal Rate: Approximately 85% Share Repurchases: 1.4 million shares Quarterly Cash Dividend: Increased 11% to $0.50 per share Tangible Common Equity (TCE): 9.93% Common Equity Tier 1 Ratio: 13.3% Net Income: $125 million or $1.52 per share PPNR: $173 million, down 1% from prior quarter Net Interest Income: Increased 1% this quarter Cost of Funds: Down 8 basis points to 1.44% Cost of Deposits: Down 10 basis points to 1.47% Bond Portfolio Yield: Up 25 basis points to 3.23% Criticized Commercial Loans: Decreased $13 million to $522 million Nonaccrual Loans: Increased $6 million to $113 million Net Charge-offs: 19 basis points, down from 22 basis points prior quarter Loan Loss Reserves: 1.43% of loans Warning! GuruFocus has detected 7 Warning Sign with HWC. Is HWC fairly valued? Test your thesis with our free DCF calculator. Release Date: April 21, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Hancock Whitney Corp (NASDAQ:HWC) reported a solid start to 2026 with an adjusted ROA of 1.43%, ROTCE of 14.64%, and EPS of $1.52, all improved from the prior quarter. The company welcomed 27 net new revenue producers, which is expected to drive meaningful balance sheet growth and profitability improvement throughout 2026. Net interest margin expanded by 7 basis points due to higher securities yields and lower cost of funds. HWC continued to return capital to shareholders by repurchasing 1.4 million shares and increasing the quarterly cash dividend by 11% to $0.50 per share. The company maintained a strong capital position with a TCE of 9.93% and a common equity Tier 1 ratio of 13.3%. Loan production totaled $1.2 billion, down from the previous quarter, although up compared to the same quarter last year. Deposits decreased by $198 million or 3% annualized due to seasonal public funds outflows. Retail time deposits were down $14...

Hancock Whitney (HWC) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.70%. A quarter ago, it was expected that this holding company of Whitney Bank and Hancock Bank would post earnings of $1.48 per share when it actually produced earnings of $1.49, delivering a surprise of +0.68%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Hancock Whitney, which belongs to the Zacks Banks - Southeast industry, posted revenues of $292.65 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 24.77%. This compares to year-ago revenues of $364.7 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Hancock Whitney shares have added about 8.9% since the beginning of the year versus the S&P 500's gain of 3.9%. While Hancock Whitney has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Hancock Whitney was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete...

Hancock Whitney Corp.’s HWC first-quarter 2026 adjusted earnings per share of $1.52 beat the Zacks Consensus Estimate of $1.48. Further, the bottom line rose 10.1% from the prior-year quarter. Results were supported by higher net interest income (NII) and modest loan growth. However, the quarter was significantly impacted by a securities portfolio restructuring loss. Deposits also declined modestly. Additionally, higher expenses and increased provisions acted as headwinds. Results excluded a one-time charge related to a net loss on the securities portfolio restructure. After considering this, net income was $47.4 million, down 60.3% from the prior-year quarter. Our estimate for the metric was $117.8 million and did not include this one-time charge. Quarterly total revenues were $292.6 million, which missed the Zacks Consensus Estimate of $389 million. The top line also declined 19.8% year over year. NII (on a tax-equivalent basis) increased 5.4% year over year to $287.6 million. The net interest margin (NIM) was 3.55%, which expanded 12 basis points (bps). Our estimates for NII and NIM were $285 million and 3.47%, respectively. Non-interest income was $7.5 million, plunging 92.1% year over year. The decline was primarily due to a net loss on securities transactions. Excluding this, adjusted non-interest income of $106.1 million grew almost 12%. We had projected non-interest income of $103.9 million. Total non-interest expenses (GAAP) increased 7.7% to $220.7 million. We had projected expenses of $221.4 million. The efficiency ratio increased to 55.43% from 55.22% in the year-ago quarter. An increase in the efficiency ratio indicates a decrease in profitability. As of March 31, 2026, total loans were $24 billion, up marginally from the prior quarter. Total deposits were $29 billion, slightly down from the previous quarter. Our estimates for total loans and deposits were $24.2 billion and $29.3 billion, respectively. The provision for credit losses was $13.2 million, up 25.9% from the prior-year quarter. Our estimate for provisions was $16.6 million. Net charge-offs (annualized) were 0.19% of average total loans, up 1 bp from the prior-year quarter. As of March 31, 2026, the Tier 1 leverage ratio was 10.89%, down from 11.55% at the end of the year-ago quarter. The common equity Tier 1 ratio was 13.30%, down from 14.48% as of March 31, 2025. At the end of the f...

GULFPORT, Miss., April 21, 2026--(BUSINESS WIRE)--Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the first quarter of 2026. Net income for the first quarter of 2026 totaled $47.4 million, or $0.57 per diluted common share (EPS), compared to $125.6 million, or $1.49 per diluted common share, in the fourth quarter of 2025. The first quarter of 2026 included a pretax charge of $98.6 million, or $0.95 per share, of a supplemental disclosure item related to a net loss on the securities portfolio restructure. Excluding the impact of the supplemental disclosure item, EPS would be $1.52, up $0.03 linked-quarter. The company reported net income for the first quarter of 2025 of $119.5 million, or $1.38 per diluted common share. There were no supplemental disclosure items in the first or fourth quarters of 2025. First Quarter 2026 Highlights Net income totaled $47.4 million, or $0.57 per diluted share, compared to $125.6 million, or $1.49 per diluted share in the fourth quarter of 2025 Adjusted pre-provision net revenue (PPNR) totaled $172.9 million, compared to $174.0 million in the prior quarter Loans increased $33 million, or 1% linked quarter annualized (LQA) Deposits decreased $198 million, or 3% LQA Criticized commercial loans decreased and nonaccrual loans increased ACL coverage solid at 1.43% NIM of 3.55%, up 7 bps from the prior quarter CET1 ratio estimated at 13.30%, down 35 bps linked-quarter; TCE ratio of 9.93%, down 13 bps linked-quarter; total risk-based capital ratio estimated at 15.10%, down 35 bps linked-quarter Efficiency ratio of 55.43%, compared to 54.93% in the prior quarter "The first quarter of 2026 was a solid start to the year," said John M. Hairston, President & CEO. "Our diluted earnings per share, adjusted for the supplemental disclosure item, was $1.52, up from $1.49 in prior quarter. Profitability remains strong, with adjusted ROA of 1.43%, an efficiency ratio of 55.43%, and solid fee income and well-controlled expenses. With a focus on sustainable long-term organic balance sheet growth, we continue to invest in revenue-generating activities, including hiring 27 net new bankers in the first quarter. NIM grew 7 basis points to 3.55%, largely due to the completion of our bond portfolio restructuring and lower costs of funds, which more than offset the impact of lower loan yields in this rate environment....