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 (Nasdaq: HWC) is a Gulf South–focused commercial banking company and the parent of Hancock Whitney Bank, a full-service financial institution serving communities across Mississippi, Alabama, Florida, Louisiana, and Texas, with additional loan and deposit production offices in the greater Nashville and Atlanta metropolitan areas. The HWC news page on Stock Titan aggregates company announcements, earnings updates, and other corporate developments in one place.
Investors following Hancock Whitney news can review regular earnings releases, where the company reports net income, loan and deposit trends, asset quality metrics, capital ratios, and non-GAAP performance measures such as adjusted pre-provision net revenue and efficiency ratios. These releases are typically accompanied by conference call details and presentation materials referenced in Form 8-K filings.
Hancock Whitney’s news flow also includes board and capital actions, such as authorizations of stock buyback programs and declarations of quarterly dividends on its common stock. The company has highlighted its uninterrupted quarterly dividend record since 1967 and periodically announces new repurchase authorizations that allow it to buy back a portion of outstanding shares, subject to market conditions and regulatory requirements.
Beyond financial results and capital management, HWC news features leadership and organizational updates, including appointments to senior roles such as Chief Banking Officer, Director of Business Banking and SBA, and Director of Government Affairs. These announcements provide insight into how the company is organizing its business lines, advancing its organic growth strategy, strengthening digital capabilities, and managing relationships with governmental and regulatory stakeholders.
By monitoring Hancock Whitney news, readers can track developments in commercial and small business banking, private banking, trust and investment services, healthcare banking, and mortgage services across the company’s Gulf South footprint. Bookmark this page to access a chronological view of HWC press releases, conference call notices, and other material announcements relevant to shareholders and analysts.
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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.
Hancock Whitney Corporation (NASDAQ: HWC) announced a first-quarter 2023 common stock cash dividend of $0.30 per share, reflecting an 11% increase from the prior period. This dividend will be payable on March 15, 2023, to shareholders on record as of March 6, 2023. Additionally, the company authorized a new stock buyback program, allowing the repurchase of up to 4,297,000 shares (approximately 5% of outstanding shares) before its expiration on December 31, 2024. This replaces the previous program and aims to enhance shareholder value.