Welcome to our dedicated news page for Hancock Whitney (Ticker: HWC), a resource for investors and traders seeking the latest updates and insights on Hancock Whitney.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hancock Whitney's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hancock Whitney's position in the market.
Rhea-AI Summary
Hancock Whitney (Nasdaq: HWC) has increased its quarterly dividend by 33%, with a regular second quarter cash dividend of $0.40 per common share. The dividend will be payable on June 14, 2024, to shareholders of record as of June 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
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Rhea-AI Summary
Hancock Whitney (HWC) reported a strong first quarter of 2024 with a net income of $108.6 million, or $1.24 per diluted common share, compared to $50.6 million in the previous quarter. Adjusted pre-provision net revenue (PPNR) was $152.9 million, down 3% linked-quarter. Loans increased by $49.0 million, deposits by $85.8 million, and NIM reached 3.32%. The company's CET1 ratio rose to 12.67%, and TCE ratio to 8.61%. Noninterest income saw a significant increase of 126%, totaling $87.9 million. The total allowance for credit losses (ACL) was $340.8 million, up 1% from the previous quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
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Rhea-AI Summary
Hancock Whitney (HWC) will release its first quarter 2024 financial results on April 16, 2024, followed by a conference call for analysts and investors. The call will be available via webcast and phone, with an audio archive and replay options provided.
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Rhea-AI Sentiment
End-of-Day
5.2%
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Rhea-AI Summary
Hancock Whitney Corporation (HWC) appoints D. Shane Loper as the new President of Hancock Whitney Bank following Joe Exnicios' retirement after 46 years of service. Loper, with 34 years of experience, will focus on bank growth and client service in the Gulf South region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
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Rhea-AI Summary
Hancock Whitney Corporation (HWC) has declared a regular first quarter 2024 common stock cash dividend of $0.30 per share, continuing its uninterrupted quarterly dividend payments since 1967. The dividend is payable on March 15, 2024, to shareholders of record as of March 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
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Rhea-AI Summary
Hancock Whitney Corporation (Nasdaq: HWC) reported a net income of $50.6 million for the fourth quarter of 2023, down from $97.7 million in the third quarter. Adjusted pre-provision net revenue (PPNR) increased by 3% linked-quarter. Loans declined by 1%, and deposits decreased by 8% linked-quarter. The company's net interest margin (NIM) remained stable at 3.27%. The total allowance for credit losses (ACL) was $336.8 million, up less than 1% from the previous quarter. The company's CET1 ratio is estimated to be 12.39%, up 33 bps linked-quarter.
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Rhea-AI Sentiment
End-of-Day
0.47%
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Hancock Whitney Corporation (HWC) announces the retirement of Senior Executive Vice President and President of Hancock Whitney Bank, Joseph S. 'Joe' Exnicios, after a 46-year career with the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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Rhea-AI Summary
Hancock Whitney Corporation (Nasdaq: HWC) will announce its fourth-quarter 2023 financial results on Tuesday, January 16, 2024, after the market closes. Management will host a conference call for analysts and investors to review the results. A live listen-only webcast of the call will be available on the company's website. Investors can participate in the Q&A portion of the call by dialing the provided phone numbers. An audio archive and replay of the call will also be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
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Rhea-AI Summary
Hancock Whitney Corporation (Nasdaq: HWC) has approved a regular fourth quarter 2023 common stock cash dividend of $0.30 per share, payable on December 15, 2023.
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Rhea-AI Sentiment
End-of-Day
-2.07%
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Rhea-AI Summary
Hancock Whitney Corporation announces financial results for Q3 2023, with net income of $97.7 million. Pre-provision net revenue (PPNR) totaled $153.4 million. Deposits increased by $277 million, and loan growth was $194 million. NIM was 3.27%, down from 3.30% in Q2 2023. CET1 ratio estimated at 12.04%. Management expects low- to mid-single digit loan growth and flat to low single digit deposit growth for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.16%
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About HWC
since the late 1800s, hancock bank has embodied core values of honor & integrity, strength & stability, commitment to service, teamwork, and personal responsibility. at locations in mississippi, alabama, and florida, hancock bank offers a comprehensive array of financial products and services, including traditional and online banking; commercial and small business banking; energy banking; private banking; trust and investment services; certain insurance services; and mortgage services. we strive to offer rewarding employment and career opportunities in support of our core values. we welcome your interest and invite you to explore employment opportunities with our company. equal opportunity/affirmative action employers. all qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or histor