HWC

A month has gone by since the last earnings report for Hancock Whitney (HWC). Shares have lost about 0.4% 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? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Hancock Whitney’s second-quarter 2026 earnings per share of $1.55 matched the Zacks Consensus Estimate. The bottom line rose 17.4% from the prior-year quarter.Results were supported by higher NII and non-interest income, along with a decline in provisions. Also, a sequential increase in loans and deposit balances was positive. However, higher expenses were the undermining factor.Net income available to common shareholders was $127 million, up 11.8% from the prior-year quarter. Our estimate for the metric was $124.6 million. Quarterly total revenues were $401.4 million, which surpassed the Zacks Consensus Estimate of $396.4 million. The top line also increased 6.9% year over year. NII (on a tax-equivalent basis) increased 5.6% year over year to $295.2 million. NIM was 3.56%, which expanded seven basis points (bps). Our estimates for NII and NIM were $291.2 million and 3.57%, respectively.Non-interest income was $108.4 million, up 10% year over year. The rise was driven by an increase in service charges on deposit accounts, trust fees, bank card and ATM fees, and investment and annuity fees and insurance commissions. We had projected non-interest income of $107.1 million.Total non-interest expenses (GAAP) increased 4.4% to $225.4 million. We had projected expenses of $227.1 million.The efficiency ratio increased to 55.31% from 54.91% in the year-ago quarter. An increase in the efficiency ratio indicates a deterioration in profitability. As of June 30, 2026, total loans were $24.6 billion, up 2.5% from the prior quarter. Total deposits were $29.6 billion, up 1.9% from the previous quarter. Our estimates for total loans and deposits were $24.5 billion and $29.2 billion, respectively. The provision for credit losses was $13.8 million, down 7.7% from the prior-year quarter. Our estimate for provisions was $11.4 million.NCOs (annualized) were 0.16% of average total loans, down 15 bps from the prior-year quarter. As of June 30, 2026, the Tier 1 leverage ratio was 10.87%, down from 11.35% at the end of the year-ago quarter. The common equity Tier 1 ratio was 13.18%, down from 13.97% as of June 30, 2025.At the end of the second quarter of 2026, the return on average assets was 1.42%, up from 1.32% in the year-ago period. The return on average common equity was 11.52%, up from 10.63% in the prior-year quarter. In the reported quarter, Hancock Whitney repurchased 712,966 shares at an average price of $68.28 per share. Management expects period-end loans to be up low-double-digits. Deposit balances are anticipated to be up in the low double-digit range.NII (TE) is projected to increase 8-9% year over year. Further, flat to modest NIM expansion is expected in the second half of 2026 (assuming no rate cuts).Adjusted pre-provision net revenues (PPNR) are expected to rise 7-8% from 2025.Adjusted non-interest income is expected to increase 6-7%.Adjusted non-interest expenses are expected to rise 7.5-8.5% from 2025. Management expects to maintain an efficiency ratio below 55%.The company expects an effective tax rate of 21-21.5%.NCOs to average loans are expected to be in the 15-25 bps range. Management expects adjusted return on assets to be greater than or equal to 1.50%.The tangible common equity is expected between 9-9.5%.The adjusted return on tangible common equity is expected to be more than or equal to 15%.Management aims for the efficiency ratio to be less than or equal to 55%. It turns out, estimates revision have trended downward during the past month. Currently, Hancock Whitney has a poor Growth Score of F, a grade with the same score on the momentum front. However, the stock was allocated a score of C on the value side, putting it in the middle 20% for value investors. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions looks promising. Interestingly, Hancock Whitney has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hancock Whitney Corporation (HWC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

LendingTree, Inc. TREE reported second-quarter 2026 adjusted net income per share of $1.27, which missed the Zacks Consensus Estimate of $1.46. The figure compares favorably with $1.13 reported in the prior-year quarter. Shares of the company plunged nearly 3.8% in yesterday’s trading session following the release of lower-than-expected results and a lowered full-year 2026 outlook. Results were affected by a decline in Consumer segment revenues and higher total costs. However, growth in revenues and adjusted EBITDA, along with strong Insurance segment performance, supported the results to some extent. Results exclude certain non-recurring items. After considering these, TREE reported a GAAP net income of $9.6 million, or 68 cents per share, compared with $8.9 million, or 65 cents per share, in the year-ago quarter. Total revenues in the second quarter increased 25.3% year over year to $313.4 million. The reported figure missed the Zacks Consensus Estimate of $315.07 million by 0.5%. Total cost of revenues was $11.3 million, up 12.4% from the prior-year quarter. Total costs and expenses were $291.6 million, up 27.2% from the previous-year quarter. Adjusted EBITDA totaled $35.2 million, up 10.6% from the year-ago quarter. The variable marketing margin was $87.3 million, up 4.4%. As of June 30, 2026, cash and cash equivalents were $110.8 million compared with $85.5 million as of March 31, 2026. Long-term debt was $386.4 million compared with $387 million as of March 31, 2026. Home segment revenues increased 9% year over year to $43.9 million. Segment profit declined 14% year over year to $11.3 million. Consumer segment revenues decreased 4% year over year to $60.3 million. Segment profit fell 14% year over year to $27.6 million. Insurance segment revenues grew 42% year over year to $209.3 million. Segment profit increased 25% year over year to $50 million. Third-Quarter 2026 Total revenues are projected to be between $325 million and $335 million. Adjusted EBITDA is anticipated to be between $34 million and $36 million. The variable marketing margin is anticipated to be between $88 million and $93 million. 2026 Total revenues are expected to be between $1.30 billion and $1.32 billion compared with the prior range of $1.30 billion to $1.35 billion. Adjusted EBITDA is projected to be in the range of $145-$152 million compared with the previous range of $152-$162 million. The variable marketing margin is expected to be in the range of $364-$374 million compared with $378-$395 million previously. TREE’s Consumer segment weakness and higher total costs remain concerns. Nevertheless, its diversified online lending platform, strong Insurance segment performance and efforts to expand non-mortgage product offerings are expected to support revenue growth in the future. LendingTree, Inc. price-consensus-eps-surprise-chart | LendingTree, Inc. Quote Currently, LendingTree carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Hancock Whitney Corp.’s HWC second-quarter 2026 earnings per share of $1.55 matched the Zacks Consensus Estimate. The bottom line rose 17.4% from the prior-year quarter. HWC’s results were supported by higher net interest income and non-interest income, along with a decline in provisions. Also, a sequential increase in loans and deposit balances was positive. However, higher expenses were the undermining factor. Texas Capital Bancshares, Inc. TCBI reported second-quarter 2026 adjusted earnings per share of $1.88, which surpassed the Zacks Consensus Estimate of $1.85. The figure also compared favorably with $1.63 in the year-ago quarter. TCBI’s results benefited from higher net interest income and non-interest income, along with solid loan and deposit balances. However, results were impacted by higher expenses and credit costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LendingTree, Inc. (TREE) : Free Stock Analysis Report Texas Capital Bancshares, Inc. (TCBI) : Free Stock Analysis Report Hancock Whitney Corporation (HWC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Hancock Whitney (HWC) is back in focus after reporting second quarter 2026 results, including net income of US$126.96 million and diluted EPS of US$1.55 from continuing operations, along with updated charge off and buyback figures. See our latest analysis for Hancock Whitney. Hancock Whitney shares have eased slightly in the very short term, with a 1-day share price return that declined 0.31%. This follows a 30-day share price return of 7.94% and an 18.52% share price return year to date, alongside a 1-year total shareholder return of 28.29% that points to building momentum over multiple years. If Hancock Whitney’s recent move has you thinking about where else value and momentum might line up, it could be a good moment to broaden your search with the 18 top founder-led companies After a strong run and with fresh earnings in hand, Hancock Whitney now sits at a point where recent gains, buybacks and acquisition plans meet the price you are paying for each dollar of earnings. Does that mix still favour buyers? Against a last close of $76.40, the most followed Hancock Whitney narrative points to a fair value of $80.60, framing the recent run through a long term lens. Read the complete narrative. There is a detailed playbook behind that $80.60 fair value, tied to compounding revenue, higher margins and a lower earnings multiple than today. It highlights which assumption carries the most weight in this narrative, and how much profit growth it implies over time. Result: Fair Value of $80.60 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Hancock Whitney’s story can change quickly if loan growth slows further or integration costs from recent deals pressure margins more than expected. Find out about the key risks to this Hancock Whitney narrative. The analyst narrative suggests Hancock Whitney is modestly undervalued, yet the current P/E of 14.5x sits above both the US Banks industry at 12.2x and the peer average at 12.1x, while still below a fair ratio of 16.3x. That mix hints at some valuation risk and some potential upside, so which side of that trade off appears more realistic to you? For a closer look at how the current earnings multiple compares with what the fair ratio implies, take a moment with the See what the numbers say about this price — find out in our valuation breakdown. If the mixed signals around Hancock Whitney have you on the fence, now is a good time to act. Review the full picture and weigh the 3 key rewards Do not stop with just one bank stock. The right mix of ideas can sharpen your portfolio and help you stay ready when the market shifts. Target higher yield opportunities by reviewing dividend focused companies highlighted in the 7 dividend fortresses. Strengthen your downside protection by scanning for companies with solid finances through the 82 resilient stocks with low risk scores. Get ahead of the crowd by searching for under-the-radar prospects using the screener containing 20 high quality undiscovered gems. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HWC. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Hancock Whitney Corp.’s HWC  second-quarter 2026 earnings per share of $1.55 matched the Zacks Consensus Estimate. The bottom line rose 17.4% from the prior-year quarter.Results were supported by higher net interest income (NII) and non-interest income, along with a decline in provisions. Also, a sequential increase in loans and deposit balances was a positive. However, higher expenses were the undermining factor.Net income available to common shareholders was $127 million, up 11.8% from the prior-year quarter. Our estimate for the metric was $124.6 million. Quarterly total revenues were $401.4 million, which surpassed the Zacks Consensus Estimate of $396.4 million. The top line also increased 6.9% year over year. NII (on a tax-equivalent basis) increased 5.6% year over year to $295.2 million. The net interest margin (NIM) was 3.56%, which expanded seven basis points (bps). Our estimates for NII and NIM were $291.2 million and 3.57%, respectively.Non-interest income was $108.4 million, up 10% year over year. The rise was driven by an increase in service charges on deposit accounts, trust fees, bank card and ATM fees, and investment and annuity fees and insurance commissions. We had projected non-interest income of $107.1 million.Total non-interest expenses (GAAP) increased 4.4% to $225.4 million. We had projected expenses of $227.1 million.The efficiency ratio increased to 55.31% from 54.91% in the year-ago quarter. An increase in the efficiency ratio indicates a deterioration in profitability. As of June 30, 2026, total loans were $24.6 billion, up 2.5% from the prior quarter. Total deposits were $29.6 billion, up 1.9% from the previous quarter. Our estimates for total loans and deposits were $24.5 billion and $29.2 billion, respectively. The provision for credit losses was $13.8 million, down 7.7% from the prior-year quarter. Our estimate for provisions was $11.4 million.Net charge-offs (annualized) were 0.16% of average total loans, down 15 bps from the prior-year quarter. As of June 30, 2026, the Tier 1 leverage ratio was 10.87%, down from 11.35% at the end of the year-ago quarter. The common equity Tier 1 ratio was 13.18%, down from 13.97% as of June 30, 2025.At the end of the second quarter of 2026, the return on average assets was 1.42%, up from 1.32% in the year-ago period. The return on average common equity was 11.52%, up from 10.63% in the prior-year quarter. In the reported quarter, HWC repurchased 712,966 shares at an average price of $68.28 per share. In May, Hancock Whitney agreed to acquire OFB Bancshares, Inc. and combine the latter’s local relationships with its broader platform and expanded private banking and fee-income capabilities, supported by the 2025 Sabal Trust acquisition. Together, these actions are expected to support HWC’s top line over time through loan growth, a continued shift toward full-relationship lending and sustained investment in higher-growth markets.Additionally, the company’s bond restructuring efforts and stabilizing funding costs are expected to continue to support NII expansion. However, weakening asset quality and elevated expenses remain key challenges. Hancock Whitney Corporation price-consensus-eps-surprise-chart | Hancock Whitney Corporation Quote Currently, Hancock Whitney carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Commerce Bancshares Inc.’s CBSH second-quarter 2026 earnings of $1.10 per share surpassed the Zacks Consensus Estimate of $1.04. The bottom line reflected a rise of 1% from the prior-year quarter.CBSH’s results primarily benefited from higher NII and a rise in non-interest income. The sequential rise in loan balances acted as a tailwind. However, higher expenses and provisions hurt CBSH’s results to some extent.F.N.B. Corporation FNB reported second-quarter 2026 earnings of 42 cents per share, which matched the Zacks Consensus Estimate. The bottom line jumped 16.7% year over year.FNB’s results primarily benefited from higher NII, a rise in non-interest income and lower provisions. Higher average loans and deposits were other positives. However, higher non-interest expenses hurt the results to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hancock Whitney Corporation (HWC) : Free Stock Analysis Report Commerce Bancshares, Inc. (CBSH) : Free Stock Analysis Report F.N.B. Corporation (FNB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. EPS Improvement: 13% year-over-year increase. PPNR Growth: 6% year-over-year increase. Loan Growth: 5% year-over-year; 10% linked quarter annualized. Deposit Growth: 2% year-over-year; 8% linked quarter annualized. ROA: 1.42% for the quarter. Efficiency Ratio: 55.3% for the quarter. ROTCE: 14.9% for the quarter. Net Income: $127 million or $1.55 per share for the quarter. Net Interest Income: 3% increase for the quarter. Fee Income: $2.3 million or 2% increase, adjusted for bond portfolio restructuring. Net Interest Margin: Increased by 1 basis point to 3.56%. Loan Loss Reserves: 1.42% of loans. Net Charge-Offs: 16 basis points for the quarter. Criticized Commercial Loans: Decreased by $30 million to $492 million. Warning! GuruFocus has detected 9 Warning Signs with HWC. Is HWC fairly valued? Test your thesis with our free DCF calculator. Release Date: July 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 13% improvement in EPS and a 6% growth in PPNR compared to the same period last year. The company achieved a 10% annualized growth in loans and an 8% growth in deposits on a linked quarter basis. HWC secured regulatory and shareholder approval for the One Florida Bank transaction, with an expected closing date of August 1. The company maintained a strong ROA of 1.42%, an efficiency ratio of 55.3%, and a ROTCE of 14.9%. HWC successfully added 15 net new bankers in the second quarter, contributing to its annual goal of 50 new hires. Loan yields decreased by 2 basis points, primarily due to a drop in new loan rates. The cost of deposits is expected to increase in the second half of 2026, potentially impacting net interest income growth. Nonaccrual loans increased by $1 million to $114 million. The competitive environment for loan pricing remains tight, with significant pressure on margins. The company anticipates that the benefit from repricing maturing CDs will largely come to an end, with new CD rates likely being higher. Q: Can you provide more details on the strong loan growth this quarter and the outlook for the rest of the year? A: Shane Loper, Chief Operating Officer, explained that while loan production was strong, with a 20% increase quarter-over-quarter, the outlook remains cautious due to competitive pressures and limited demand. The growth was spread across all segments, and the company remains disciplined in pricing to maintain balance sheet growth. John Hairston, CEO, added that while Q2 was strong, the company remains realistic about potential macroeconomic challenges and maintains a mid-single-digit growth guidance for the year. Q: How is the deposit competition affecting your ability to fund loan growth? A: Michael Achary, CFO, noted that the deposit pricing environment is competitive but rational. The company successfully funded loan growth dollar for dollar with deposits in Q2 and expects to continue this trend. While there may be a slight step-up in deposit growth in the second half of the year, the goal is to match loan growth with deposit growth to manage the balance sheet effectively. Q: Can you discuss the impact of promotional deposit offerings on your cost of deposits? A: Michael Achary explained that promotional offerings, such as an 11-month CD at 3.85% and money market accounts at 3.75% to 4%, were successful in attracting deposits. As a result, the cost of deposits is expected to increase slightly in the second half of the year, with net interest income continuing to grow, albeit at a slower pace than in Q2. Q: What is driving the increase in noninterest income guidance? A: Shane Loper highlighted the strong performance of the wealth management division, particularly in broker-dealer and trust platforms, as a key driver of increased noninterest income expectations. The company also sees continued strength in card and merchant services, with potential for more syndication fees in the future. Q: How does the One Florida Bank acquisition impact your growth strategy and capital management? A: John Hairston stated that the focus post-acquisition is on integrating new clients and team members, with a complete integration expected by late Q4. The acquisition aligns with the company's strategy to expand in high-growth markets like Florida and Texas. Michael Achary added that the company plans to exhaust its current share buyback authorization by year-end and will evaluate future buyback plans in 2027, with capital ratios expected to stabilize over the next eight quarters. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Hancock Whitney (HWC) came out with quarterly earnings of $1.55 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items. 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 $1.52, delivering a surprise of +2.7%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Hancock Whitney, which belongs to the Zacks Banks - Southeast industry, posted revenues of $401.36 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.26%. This compares to year-ago revenues of $375.48 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 21.4% since the beginning of the year versus the S&P 500's gain of 8.7%. 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 mixed. 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 #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.64 on $411.43 million in revenues for the coming quarter and $6.47 on $1.53 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southeast is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Chemung Financial (CHMG), has yet to report results for the quarter ended June 2026. This financial holding company is expected to post quarterly earnings of $1.70 per share in its upcoming report, which represents a year-over-year change of +29.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Chemung Financial's revenues are expected to be $31.1 million, up 207.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hancock Whitney Corporation (HWC) : Free Stock Analysis Report Chemung Financial Corp (CHMG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Hancock Whitney Corporation? Here are five stocks we like better. Hancock Whitney said Q2 2026 was another strong quarter, with EPS up 13% year over year and net income of $127 million, while net interest income and margin both improved modestly from the prior quarter. Loan and deposit growth accelerated, with loans up 10% annualized and deposits up 8% annualized on a linked-quarter basis. The bank also raised its full-year deposit growth outlook to mid-single-digit growth and reiterated mid-single-digit loan growth guidance. Credit quality continued to improve, as criticized commercial loans fell for a sixth straight quarter and net charge-offs declined to 16 basis points. Hancock Whitney also advanced its One Florida Bank acquisition, expecting the deal to close August 1 and to support stronger 2026 growth. 3 Overlooked Dividend Stocks for Choppy Markets in 2026 Hancock Whitney (NASDAQ:HWC) reported what executives described as another strong quarter of profitability, efficiency and shareholder returns in the second quarter of 2026, while also pointing to stronger balance sheet growth and continued improvement in credit trends. President and CEO John Hairston said earnings per share improved 13% from the same period a year earlier, while pre-provision net revenue rose 6%. He also highlighted 5% loan growth, 2% total deposit growth and a sixth consecutive quarter of improvement in commercial criticized loans. → Buyback Boom: These 3 Companies Are Betting Billions on Their Own Stocks Analysts Remain Bullish On These 3 Regional Banks “The second quarter of 2026 was another strong quarter of profitability, efficiency, and return of capital to shareholders,” Hairston said. He added that the company was “pleased to add solid balance sheet growth on both sides of the ledger to an already excellent quarter.” CFO Mike Achary said net income for the quarter was $127 million, or $1.55 per share, compared with adjusted net income of $125 million, or $1.52 per share, in the first quarter. Pre-provision net revenue increased 3% from the prior quarter to $178 million, which Achary said represented a 1.99% return on average assets. → Cybersecurity Stocks Are Holding Up as the AI Trade Starts to Crack Net interest income increased 3% from the prior quarter. Hancock Whitney’s net interest margin rose one basis point to 3.56%, as the yield on earning assets increased two basis points and the cost of funds increased one basis point. Achary said the bond portfolio yield rose 12 basis points to 3.35%, reflecting the full-quarter impact of a restructuring transaction completed in the first quarter and reinvestment of principal cash flows. Loan yields declined two basis points, which Achary attributed mainly to a 12-basis-point quarter-over-quarter drop in new loan rates, partially offset by a $374 million increase in average loans. Deposit costs fell four basis points to 1.43%, mostly because of lower rates on maturing certificates of deposit. → Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Achary said Hancock Whitney expects deposit costs to increase in the second half of the year, as the benefit from repricing maturing CDs “will largely come to an end.” He said net interest income should continue to grow, though possibly at a slower pace than in the second quarter, and that the margin is expected to be flat to slightly higher. On a linked-quarter annualized basis, Hairston said loans grew 10% and deposits grew 8%. Loan production was strong and line utilization improved, with growth across every business line except mortgage. The company reiterated its full-year loan growth guidance of mid-single digits. Chief Operating Officer Shane Loper said Hancock Whitney produced $1.5 billion in loans during the quarter, up from $1.2 billion in the first quarter. Loan growth totaled $588 million, with strength across business banking, commercial, middle market, consumer and commercial real estate. Loper said clients generally remain stable and somewhat optimistic, but cautious. He also said the loan market remains competitive, particularly because “there’s a lot of credit supply for a limited demand.” Deposit growth was driven by a $786 million increase in interest-bearing money market accounts, partially offset by a slight decline in CD balances from maturities. Hancock Whitney raised its full-year deposit guidance from low single-digit growth to mid-single-digit growth. Achary said the bank’s goal is to fund loan growth with deposit growth, and he described the deposit pricing environment as competitive but rational in the company’s markets. During the quarter, Hancock Whitney expanded certain promotional deposit offerings, including an 11-month CD at 3.85% in Louisiana, Mississippi and Alabama after previously offering it in Florida and Texas. The company also offered money market promotions at 3.75% for some existing customers and 4% for new customers. Fee income increased $2.3 million, or 2%, adjusted for the net loss on the bond portfolio restructuring in the prior quarter. Achary said the increase was driven by higher activity in investment and annuity income, insurance and trust, partly offset by lower syndication fees and Small Business Investment Company income, which he said can be unpredictable from quarter to quarter. Hairston pointed to wealth management as a notable contributor, citing execution across the broker-dealer and trust platforms, as well as some benefit from the Sabal transaction completed last year. He also said card and merchant services continued to perform well, while secondary mortgage was in line with expectations. Expenses rose 2% from the prior quarter, primarily because of annual merit increases and the impact of new hires during the first half of 2026. Hairston said Hancock Whitney added 15 net new bankers in the second quarter, bringing the year-to-date total to 42 against its annual goal of 50. Loper said new bankers accounted for 26% of the quarter’s growth and that the company remains confident in reaching its hiring target. Achary noted that the company increased its operating expense guidance excluding One Florida Bank, partly reflecting the possibility of adding more employees. Hancock Whitney reported continued improvement in criticized commercial loans, which declined $30 million to $492 million. Nonaccrual loans increased $1 million to $114 million. Net charge-offs were 16 basis points, down from 19 basis points in the prior quarter. Achary said loan loss reserves stood at 1.42% of loans. The company continues to expect net charge-offs to average loans to come in between 15 and 25 basis points for full-year 2026. In response to an analyst question about changes in CECL assumptions, Achary said the company saw Moody’s baseline scenario become more conservative. He said Hancock Whitney shifted its weighting from 40/60 to 50/50 between the baseline and slow-growth scenarios. Hairston said Hancock Whitney received regulatory and shareholder approval in July for the One Florida Bank transaction and expects the deal to close on August 1. He said the company updated its guidance to show the fiscal 2026 outlook both excluding and including One Florida. Including One Florida, Achary said Hancock Whitney expects loans and deposits to be up low double digits, net interest income to rise 8% to 9%, fee income to increase 6% to 7%, operating expenses to rise 7.5% to 8.5%, and pre-provision net revenue to grow 7% to 8%. Those expectations do not include meaningful revenue synergies, such as expanding wealth products and services to One Florida clients. Cost savings are expected to be fully realized by the start of 2027. Hairston said the immediate focus after closing will be welcoming One Florida clients and employees and completing integration, which he expects in mid- to late fourth quarter. He said the company may provide more detail in 2027 on growth expectations in Orlando and other Florida markets. On capital deployment, Hairston said Hancock Whitney’s priorities remain supporting balance sheet growth, dividends and completing the current 5% share repurchase authorization by year-end. Achary said the company had about 2 million shares remaining under the authorization and intends to exhaust it over the second half of 2026, likely on a roughly pro rata basis between the third and fourth quarters. Achary said the company is comfortable with tangible common equity around 9% and common equity Tier 1 capital around 12%. He said future repurchase plans for 2027 will be discussed when the company gets there. Hancock Whitney Corporation (NASDAQ: HWC) is a regional financial services company headquartered in Gulfport, Mississippi. The firm was established in April 2019 through the merger of Hancock Holding Company and Whitney Holding Corporation, each of which traced its roots to the late 19th century. This combination created one of the largest bank holding companies in the Gulf South region, with a network of branches serving both urban and rural communities. The company's core business activities include commercial banking, retail banking and wealth management services. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Hancock Whitney Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

For the quarter ended June 2026, Hancock Whitney (HWC) reported revenue of $401.36 million, up 6.9% over the same period last year. EPS came in at $1.55, compared to $1.37 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $396.38 million, representing a surprise of +1.26%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.55. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Hancock Whitney performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net interest margin (TE): 3.6% compared to the 3.6% average estimate based on four analysts. Efficiency Ratio: 55.3% compared to the 55.8% average estimate based on four analysts. Total net charge-offs as a percentage of average loans: 0.2% versus the three-analyst average estimate of 0.2%. Average Balance - Total interest earning assets: $33.21 billion versus the three-analyst average estimate of $32.82 billion. Total nonperforming loans: $113.68 million versus $110.97 million estimated by two analysts on average. Total nonperforming assets (Total nonaccrual loans + ORE and foreclosed assets): $126.54 million versus the two-analyst average estimate of $124.77 million. Total Noninterest Income: $108.35 million compared to the $106.33 million average estimate based on four analysts. Net interest income (TE): $295.23 million versus the four-analyst average estimate of $292.89 million. Net Interest Income: $293.01 million versus $290.15 million estimated by three analysts on average. Secondary mortgage market operations: $4.07 million versus the two-analyst average estimate of $3.99 million. Bank card and ATM fees: $23.18 million versus $22.16 million estimated by two analysts on average. Investment and annuity fees and insurance commissions: $14.62 million versus the two-analyst average estimate of $12.12 million. View all Key Company Metrics for Hancock Whitney here>>> Shares of Hancock Whitney have returned +9.2% over the past month versus the Zacks S&P 500 composite's -0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hancock Whitney Corporation (HWC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

GULFPORT, Miss., July 21, 2026--(BUSINESS WIRE)--Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the second quarter of 2026. Net income for the second quarter of 2026 totaled $127.0 million, or $1.55 per diluted common share (EPS), compared to $47.4 million, or $0.57 per diluted common share, in the first quarter of 2026. First quarter 2026 results include a pretax charge of $98.6 million, or $0.95 per share, of a supplemental disclosure item related to a net loss on securities portfolio restructure. There were no supplemental disclosure items in the second quarter of 2026. The company reported net income for the second quarter of 2025 of $113.5 million, or $1.32 per diluted common share. The second quarter of 2025 included $5.9 million, or $0.05 per diluted common share, of supplemental disclosure items related to the acquisition of Sabal Trust Company. Second Quarter 2026 Highlights Net income totaled $127.0 million, or $1.55 per diluted share, compared to $47.4 million, or $0.57 per diluted share in the first quarter of 2026 Adjusted pre-provision net revenue (PPNR) totaled $178.1 million, up $5.2 million, or 3% from the prior quarter Loans increased $588 million, or 10% linked quarter annualized (LQA) Deposits increased $548 million, or 8% LQA Criticized commercial loans decreased and nonaccrual loans were virtually flat compared to the first quarter of 2026 ACL coverage solid at 1.42% NIM of 3.56%, up 1 bp from the prior quarter CET1 ratio estimated at 13.18%, down 11 bps linked-quarter; TCE ratio of 9.78%, down 15 bps linked-quarter; total risk-based capital ratio estimated at 14.97%, down 13 bps linked-quarter Efficiency ratio of 55.31%, compared to 55.43% in the prior quarter "The second quarter of 2026 results reflect another quarter of strong performance," said John M. Hairston, President & CEO. "Our team delivered exceptional progress on our organic growth plan with loan growth of 10% and deposit growth of 8%, linked quarter annualized. We remained focused on our investment in revenue-generating activities, including hiring 15 net new bankers in the second quarter. Profitability remains solid with EPS of $1.55, ROA of 1.42%, an efficiency ratio of 55.31%, and continued fee income growth and well-controlled expenses. Our criticized loan levels decreased during the quarter and our ACL remains robust at 1.42%. We also announced the acquisition of One Florida Bank this quarter and expect to close the transaction on August 1. We look forward to the remainder of 2026 as we continue to execute our organic growth plan and welcome the One Florida Bank associates and clients to Hancock Whitney." Loans Total loans were $24.6 billion at June 30, 2026, up $588.3 million, or 2%, from March 31, 2026. Loan growth was driven primarily by an increase in C&I lending, healthcare activity, and commercial real estate across multiple products. Average loans totaled $24.3 billion for the second quarter of 2026, up $373.9 million, or 2%, linked-quarter. Deposits Total deposits at June 30, 2026 were $29.6 billion, up $547.6 million, or 2%, from March 31, 2026. Deposit growth was driven primarily by an increase in interest-bearing transactions and savings, offset by decreases in retail time deposits and interest-bearing public fund deposits. Noninterest-bearing deposits totaled $10.3 billion at June 30, 2026, virtually flat from March 31, 2026, and comprised 35% of total period-end deposits. Interest-bearing transaction and savings deposits totaled $13.0 billion at the end of the second quarter of 2026, up $785.0 million, or 6%, linked-quarter due to competitive products and pricing. Interest-bearing public fund deposits decreased $56.9 million, or 2%, linked-quarter, totaling $2.9 billion at June 30, 2026. The decrease in interest-bearing public fund deposits was driven by seasonal outflows. Compared to March 31, 2026, retail time deposits of $3.4 billion were down $172.4 million, or 5%, driven by maturities and repricing during the second quarter of 2026. Average deposits for the second quarter of 2026 were $28.8 billion, down $53.8 million, or less than 1%, linked-quarter. Asset Quality The total allowance for credit losses (ACL) was $348.0 million at June 30, 2026, up $4.3 million, or 1% from March 31, 2026. During the second quarter of 2026, the company recorded a provision for credit losses of $13.8 million, compared to $13.2 million in the first quarter of 2026. There were $9.4 million of net charge-offs in the second quarter of 2026, or 0.16% of average total loans on an annualized basis, compared to net charge-offs of $11.1 million, or 0.19% of average total loans in the first quarter of 2026. The ratio of ACL to period-end loans was 1.42% at June 30, 2026 compared to 1.43% at March 31, 2026. Criticized commercial loans totaled $492.0 million, or 2.55% of total commercial loans, at June 30, 2026, down $30.2 million from $522.2 million, or 2.79% of total commercial loans, at March 31, 2026. Nonaccrual loans totaled $113.7 million, or 0.46% of total loans, at June 30, 2026, compared to $113.3 million, or 0.47% of total loans, at March 31, 2026. ORE and foreclosed assets were $12.9 million at June 30, 2026, up $1.6 million, or 14%, from $11.3 million at March 31, 2026. Net Interest Income and Net Interest Margin (NIM) (TE) Net interest income (TE) for the second quarter of 2026 was $295.2 million, an increase of $7.7 million, or 3%, from the first quarter of 2026. The net interest margin (NIM) (TE) was 3.56% in the second quarter of 2026, up 1 bp linked-quarter, driven by the higher investment portfolio yield (+2 bps), and lower cost of deposits (+3 bps), partially offset by unfavorable borrowing costs (-3 bps) and lower loan yields (-1 bp). Average earning assets were $33.2 billion for the second quarter of 2026, up $507 million, or 2%, from the first quarter of 2026. Noninterest Income Noninterest income totaled $108.4 million for the second quarter of 2026, up $100.9 million from the first quarter of 2026. Included in noninterest income in the first quarter of 2026 was a supplemental disclosure item of a ($98.6) million loss from a securities portfolio restructuring. There were no supplemental disclosure items in the second quarter of 2026. Service charges on deposit accounts totaled $25.9 million for the second quarter of 2026, unchanged from prior quarter. Bank card and ATM fees were up $1.1 million, or 5%, from the first quarter of 2026. Investment and annuity income and insurance fees were up $2.0 million, or 16%, linked-quarter due to seasonally higher activity. Trust fees were up $1.5 million, or 6%, linked-quarter due to annual collection of tax preparation fees. Fees from secondary mortgage operations totaled $4.1 million for the second quarter of 2026, up $0.5 million, or 15%, linked-quarter. There were no securities gains and losses in the second quarter of 2026. Securities transactions, net in the first quarter 2026 was a loss of $98.6 million, resulting from a securities portfolio restructuring identified as a supplemental disclosure item. Other noninterest income was $14.5 million in the second quarter of 2026, down $2.8 million, or 16%, from the first quarter of 2026. The decrease in other noninterest income was primarily due to lower syndication fees and lower SBIC income. Noninterest Expense & Taxes Noninterest expense totaled $225.4 million, up $4.7 million, or 2% linked-quarter. Personnel expense totaled $130.2 million in the second quarter of 2026, up $3.0 million, or 2%, linked-quarter due to annual merit increases and the impact of new hires. Net occupancy and equipment expense totaled $18.3 million in the second quarter of 2026, up $1.0 million, or 6%, from the first quarter of 2026. Amortization of intangibles totaled $2.2 million for the second quarter of 2026, down $0.3 million, or 13%, linked-quarter. Net expense on ORE and other foreclosed assets totaled $0.2 million in the second quarter of 2026, compared to $0.4 million in the first quarter of 2026. Other expenses totaled $74.5 million in the second quarter of 2026, up $1.2 million, or 2%, linked-quarter. The effective income tax rate for the second quarter of 2026 was 21.7%, compared to 19.3% in the first quarter of 2026. Capital Common stockholders’ equity at June 30, 2026 totaled $4.4 billion, up $24.5 million, or 1%, from March 31, 2026. The tangible common equity (TCE) ratio was 9.78%, down 15 bps linked-quarter. The company’s CET1 ratio is estimated to be 13.18% at June 30, 2026, down 11 bps linked-quarter. Total risk-based capital ratio is estimated to be 14.97% at June 30, 2026, down 13 bps linked-quarter. During the second quarter of 2026, the company repurchased 712,966 shares of its common stock at an average price of $68.28 per share. This stock repurchase is pursuant to the company’s share buyback program (which authorizes the repurchase of up to 5%, or approximately 4.1 million shares, of the company’s outstanding common stock), which expires on December 31, 2026. Since its inception, the company has repurchased 2,112,966 shares under this share buyback program. Conference Call and Slide Presentation Management will host a conference call for analysts and investors at 3:30 p.m. Central Time on Tuesday, July 21, 2026 to review second quarter of 2026 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. A link to the release with additional financial tables, and a link to a slide presentation related to second quarter 2026 results are also posted as part of the webcast link. 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. Non-GAAP Financial Measures This news release includes non-GAAP financial measures to describe Hancock Whitney’s performance. These non-GAAP financial measures should not be considered alternatives to GAAP-basis financial statements and other bank holding companies may define or calculate these non-GAAP measures or similar measures differently. The reconciliations of those measures to GAAP measures are provided either in the financial tables or in Appendix A thereto. Consistent with the provisions of subpart 229.1400 of the Securities and Exchange Commission’s Regulation S-K, "Disclosures by Bank and Savings and Loan Registrants," the company presents net interest income, net interest margin and efficiency ratios on a fully taxable equivalent ("TE") basis. The TE basis adjusts for the tax-favored status of net interest income from certain loans and investments using the statutory federal tax rate to increase tax-exempt interest income to a taxable equivalent basis. The company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources. The company presents certain additional non-GAAP financial measures to assist the reader with a better understanding of the company’s performance period over period, as well as to provide investors with assistance in understanding the success management has experienced in executing its strategic initiatives. The company highlights certain items that are outside of our principal business and/or are not indicative of forward-looking trends in supplemental disclosures items below our GAAP financial data and presents certain "Adjusted" ratios that exclude these disclosed items. These adjusted ratios provide management or the reader with a measure that may be more indicative of forward-looking trends in our business, as well as demonstrates the effects of significant gains or losses and changes. We define Adjusted Pre-Provision Net Revenue as net income excluding provision expense and income tax expense, plus the taxable equivalent adjustment (as defined above), less supplemental disclosure items (as defined above). Management believes that adjusted pre-provision net revenue is a useful financial measure because it enables investors and others to assess the company’s ability to generate capital to cover credit losses through a credit cycle. We define Adjusted Revenue as net interest income (te) and noninterest income less supplemental disclosure items. We define Adjusted Noninterest Expense as noninterest expense less supplemental disclosure items. We define our Efficiency Ratio as noninterest expense to total net interest income (te) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items, if applicable. Management believes adjusted revenue, adjusted noninterest expense and the efficiency ratio are useful measures as they provide a greater understanding of ongoing operations and enhance comparability with prior periods. Important Cautionary Statement about Forward-Looking Statements This release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements that we may make include statements regarding our expectations of our performance and financial condition, balance sheet and revenue growth, the provision for credit losses, capital levels, deposits (including growth, pricing, and betas), investment portfolio, other sources of liquidity, loan growth expectations, management’s predictions about charge-offs for loans, the impact of current and future economic conditions, including the effects of declines in the real estate market, tariffs or trade wars (including reduced consumer spending, lower economic growth or recession, reduced demand for U.S. exports, disruptions to supply chains, and decreased demand for other banking products and services), high unemployment, inflationary pressures, increasing insurance costs, fluctuations in interest rates, including the impact of changes in interest rates on our financial projections, models and guidance and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing, general economic business conditions in our local markets, Federal Reserve action with respect to interest rates, the effects of war or other conflicts, acts of terrorism, climate change, the impact of natural or man-made disasters, the adequacy of our enterprise risk management framework, potential claims, damages, penalties, fines and reputational damage resulting from pending or future litigation, regulatory proceedings, assessments, and enforcement actions, as well as the impact of negative developments affecting the banking industry and the resulting media coverage; the timing, benefits, costs and synergies of the merger with One Florida Bank, as well as statements regarding the potential impact of current or future business combinations on our performance and financial condition, including our ability to successfully identify acquisition targets and integrate the businesses, success of revenue-generating and cost reduction initiatives, the potential impact of third-party business combinations in our footprint on our performance and financial condition, the effectiveness of derivative financial instruments and hedging activities to manage risks, projected tax rates, increased cybersecurity risks, including potential business disruptions or financial losses, and the impact of artificial intelligence on our business operations, the adequacy of our internal controls over financial and non-financial reporting, the impact of changes in U.S. laws or policies, including those related to credit card interest rates, the financial impact of regulatory requirements and tax reform legislation, deposit trends, credit quality trends, net interest margin trends, future expense levels, future profitability, supplemental disclosure items, improvements in expense to revenue (efficiency) ratio, purchase accounting impacts and expected returns. Also, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words "believes," "expects," "anticipates," "estimates," "intends," "plans," "forecast," "goals," "targets," "initiatives," "focus," "potentially," "probably," "projects," "outlook," or similar expressions or future conditional verbs such as "may," "will," "should," "would," and "could." Forward-looking statements are based upon the current beliefs and expectations of management and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events. Forward-looking statements are subject to significant risks and uncertainties. Any forward-looking statement made in this release is subject to the safe harbor protections set forth in the Private Securities Litigation Reform Act of 1995. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025, and in other periodic reports that we file with the SEC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260721802430/en/ Contacts For more information Ashleigh Flower Wilshire, SVP, Head of Investor Relations504.299.5076 or [email protected]