Welcome to our dedicated page for Hancock Whitney Corporation news (Ticker: HWC), a resource for investors and traders seeking the latest updates and insights on Hancock Whitney Corporation stock.
Hancock Whitney Corporation (HWC) provides investors and financial professionals with timely updates through its centralized news hub. As a regional banking leader with over a century of service across Mississippi, Alabama, and Florida, HWC delivers comprehensive financial solutions ranging from commercial lending to digital banking innovations.
This resource aggregates essential updates including earnings reports, strategic initiatives, and regulatory filings. Users gain efficient access to verified information supporting informed analysis of HWC's market position and operational developments.
The news collection covers key areas such as merger activity, leadership changes, product launches, and community investment programs. Content is curated to address both institutional priorities and retail shareholder interests.
Bookmark this page for streamlined tracking of HWC's financial performance and corporate announcements. Regular updates ensure stakeholders maintain current perspectives on this established regional banking institution.
Hancock Whitney Corporation (Nasdaq: HWC) reported first quarter 2023 net income of $126.5 million, or $1.45 per diluted share, down from $143.8 million in Q4 2022. However, this figure is up from $123.5 million in Q1 2022. Key financial highlights include pre-provision net revenue of $167.0 million and total deposits growing by $542.7 million, a 7% increase. Loan growth was $290.5 million, or 5%. The net interest margin fell by 13 basis points to 3.55%, with total loans at $23.4 billion. The company maintained a strong capital position, with a CET1 ratio of 11.61%. Despite industry pressures, management anticipates flat to low single-digit growth in year-end deposit levels for 2023.
Hancock Whitney Corporation (NASDAQ: HWC) will release its first quarter 2023 financial results on April 18, 2023, after market close. A conference call to discuss these results is scheduled for 4:00 p.m. Central Time on the same day. Investors can access a live webcast on Hancock Whitney's website. For Q&A participation, callers should dial 888-210-2654 or 646-960-0278 with access code 6914431. An audio archive of the call will be available until April 25, 2023.
Hancock Whitney offers a variety of financial services across multiple states, including Mississippi, Alabama, Florida, Louisiana, and Texas.
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