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Hancock Whitney Corporation reports developments tied to its regional banking franchise, financial performance and capital returns. The company is the parent of Hancock Whitney Bank, a full-service institution serving communities across the greater Gulf South through offices and financial centers in Mississippi, Alabama, Florida, Louisiana and Texas, with loan and deposit production offices in the Nashville and Atlanta metropolitan areas.
Recurring news includes quarterly earnings, loan and deposit trends, fee income from service charges and card activity, capital ratios, securities portfolio actions, dividend declarations and leadership changes. Company updates also describe traditional and online banking, commercial and small business banking, private banking, trust and investment services, healthcare banking and mortgage services.
Hancock Whitney Corporation (Nasdaq: HWC) has approved a regular second quarter 2020 cash dividend of $0.27 per share. This dividend is scheduled to be paid on June 15, 2020, to shareholders who are on record as of June 5, 2020.
The bank, which operates in multiple states, is recognized for its strong financial standing and comprehensive banking services.
Hancock Whitney has facilitated over $2.4 billion in loans for more than 12,000 businesses through the Paycheck Protection Program. Approximately 67% of these loans are below $100,000, with 88% under $350,000, primarily aiding smaller enterprises in the Gulf South region. The bank's efforts helped sustain local economies during the COVID-19 pandemic, with more than 13% of businesses it serves applying for these loans.
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