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.
Hancock Whitney Corporation (Nasdaq: HWC) will announce its first quarter 2021 financial results on April 20, 2021, after market closure. Management will conduct a conference call at 4:00 p.m. Central Time on the same day to discuss the results. Investors can access a live webcast through Hancock Whitney's Investor Relations page. A replay will be available until April 25, 2021. Hancock Whitney offers a wide range of financial services across various states and is recognized as one of America’s most financially sound banks by BauerFinancial, Inc.
Hancock Whitney Corporation (Nasdaq: HWC) has declared a regular first quarter 2021 cash dividend of $0.27 per share. This dividend is payable on March 15, 2021 to shareholders of record as of March 8, 2021. The company maintains a strong financial reputation, with BauerFinancial, Inc. recommending it as one of America's most financially sound banks. Hancock Whitney offers a diverse range of financial services across multiple states, emphasizing integrity and commitment.
Hancock Whitney Corporation (HWC) reported a net income of $103.6 million for Q4 2020, up 31% from Q3 2020's $79.4 million. Fourth quarter EPS rose to $1.17 from $0.90 in Q3 and $1.03 in Q4 2019. Key highlights included a tax strategy boosting earnings by $0.21 per share, stable net interest margin at 3.22%, and a strong allowance for credit losses at 2.20%. Loans decreased by $450 million due to PPP loan forgiveness, while deposits increased by $667 million. Asset quality improved, with nonperforming loans down 20% linked-quarter.
Hancock Whitney Corporation (HWC) will release its fourth quarter 2020 financial results on January 20, 2021, after market closure. Following the announcement, a conference call for analysts and investors is scheduled at 4:00 p.m. Central Time to discuss the results. Interested parties can access a live webcast through Hancock Whitney’s Investor Relations webpage. A replay will be available until January 25, 2021. The company, which operates in multiple states with a range of financial services, is recognized for its financial soundness by BauerFinancial, Inc.
Hancock Whitney Corporation has announced a regular cash dividend of $0.27 per share for the fourth quarter of 2020. This dividend will be payable on December 15, 2020, to shareholders recorded as of December 4, 2020. The company has a long-standing history of uninterrupted quarterly dividends since 1967, underscoring its commitment to shareholder returns. Hancock Whitney operates across Mississippi, Alabama, Florida, Louisiana, and Texas, providing a wide range of financial services.
Hancock Whitney Corporation (Nasdaq: HWC) has appointed Suzette Kent as a new director effective October 22, 2020. Kent, a former Federal Chief Information Officer, brings extensive experience in business transformation and technology management from previous roles at JP Morgan, Ernst & Young, and Accenture. Chairman Jerry L. Levens highlighted her background in complex, regulated environments as a key asset. Kent will stand for election at the company’s 2021 annual meeting of shareholders, potentially influencing the bank's strategic direction and governance.
Hancock Whitney Corporation (Nasdaq: HWC) reported a net income of $79.4 million for Q3 2020, or $0.90 per diluted share. This is a significant recovery from a net loss of $117.1 million in Q2 2020. The improvement is attributed to effective de-risking strategies and a normalized provision for credit losses of $25 million. The CET1 ratio rose to 10.29%, reflecting stronger capital levels. However, total loans decreased by $388 million, primarily due to limited demand amid the pandemic. Nonperforming loans declined by $13 million (7%) but criticized loans rose by $64 million (18%).
Hancock Whitney Corporation (Nasdaq: HWC) has announced a third quarter 2020 cash dividend of $0.27 per share, approved by the board of directors. This dividend is payable on September 15, 2020, to shareholders who are on record by September 8, 2020. The company is recognized for its strong financial stability and offers a range of financial services across several states. Hancock Whitney has been consistently rated as one of America's most financially sound banks by BauerFinancial, Inc.
Hancock Whitney Corporation (Nasdaq: HWC) reported a net loss of $117.1 million, or ($1.36) EPS, for Q2 2020, significantly impacted by a $306.9 million provision for credit losses. This included $160 million related to the sale of $497 million in energy loans. The company’s pre-provision net revenue was $118.5 million, up 2.4% from the prior quarter, and total deposits increased by $2.3 billion. The CET1 ratio stood at 9.77%. The results highlight ongoing efforts to de-risk the balance sheet amidst COVID-19 challenges.
Hancock Whitney Corporation (HWC) announced the sale of $497 million in energy loans to Oaktree Capital Management, anticipating $257.5 million in proceeds. The loans, affected by the energy sector's ongoing issues and COVID-19, were reclassified as held for sale as of June 30, 2020. A special credit loss provision of $160.1 million will be reported in Q2 earnings, leading to a net loss of $117.1 million for the quarter. The move aims to de-risk the loan portfolio and may enhance asset quality metrics.