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Hancock Whitney Corporation 6.25% Subordinated Notes due 2060 8-K Filings

HWCPZ NASDAQ

Every 8-K that Hancock Whitney Corporation 6.25% Subordinated Notes due 2060 (HWCPZ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow HWCPZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HWCPZ filings page.

Rhea-AI Summary

Hancock Whitney Corporation completed the acquisition of OFB Bancshares, Inc., parent of One Florida Bank, effective August 1, 2026, under an Agreement and Plan of Merger dated May 15, 2026. The transaction used a two-step merger structure followed by a bank merger.

OFB Bancshares common stock and stock options were converted into the right to receive cash, without interest, in an aggregate of approximately $377.6 million. One Florida Bank was merged into Hancock Whitney Bank, which continues as the surviving bank. A systems conversion for the acquired operations is expected in the fourth quarter of 2026. The company includes extensive forward-looking statements language, noting that actual outcomes may differ due to integration, customer retention, approvals, and other risks discussed in its 2025 Form 10-K.

Rhea-AI Summary

Hancock Whitney Corporation reported strong second‑quarter 2026 results. Net income was $127.0 million, or $1.55 per diluted share, compared with $47.4 million, or $0.57, in the prior quarter, which included a $98.6 million pretax loss from a securities portfolio restructuring, and $113.5 million, or $1.32, a year earlier. Adjusted pre‑provision net revenue was $178.1 million, up 3% sequentially. Net interest income on a tax‑equivalent basis rose to $295.2 million and net interest margin edged up to 3.56%, while the efficiency ratio was 55.31%.

Loans reached $24.6 billion at June 30, 2026, rising $588 million, while deposits grew $548 million to $29.6 billion. Credit quality remained solid, with a $348.0 million allowance for credit losses covering 1.42% of loans, annualized net charge‑offs of 0.16% of average loans, criticized commercial loans down to $492.0 million, and nonaccrual loans steady at $113.7 million. Capital ratios stayed robust, including an estimated 13.18% CET1 and 9.78% tangible common equity, even after repurchasing 712,966 shares at an average price of $68.28 and paying a $0.50 quarterly dividend. The company also highlighted the pending acquisition of One Florida Bank, expected to close on August 1.

Rhea-AI Summary

Hancock Whitney Corporation reported that it has received regulatory approval or confirmation of non-objection from the Federal Reserve, the Federal Deposit Insurance Corporation, and the Mississippi Department of Banking and Consumer Finance to complete its previously announced proposed acquisition of OFB Bancshares, Inc., parent of One Florida Bank.

At a special meeting, shareholders of OFB Bancshares approved the proposal to adopt the merger agreement providing for the acquisition. The transaction was announced on May 15, 2026 and is expected to close on or about August 1, 2026, subject to satisfaction of other customary closing conditions. The company highlights that related statements are forward-looking and subject to risks described in its annual and periodic reports.

Rhea-AI Summary

Hancock Whitney Corporation agreed to acquire OFB Bancshares, Inc. and its subsidiary One Florida Bank in an all-cash merger. OFB Bancshares shareholders will receive $29.273 per share in cash, and outstanding stock options will be cashed out based on this value above the exercise price.

The deal involves a two-step merger into a Hancock Whitney subsidiary, followed by the combination of One Florida Bank into Hancock Whitney Bank. Completion depends on approvals from OFB Bancshares shareholders, several banking regulators, and limits on dissenting shareholders exercising appraisal rights.

Shareholders holding about 23% of OFB Bancshares common stock have agreed to vote for the merger. OFB Bancshares may owe a $15,000,000 termination fee if the agreement ends in certain circumstances tied to alternative acquisition proposals.

Rhea-AI Summary

Hancock Whitney Corporation is expanding in Florida by agreeing to acquire OFB Bancshares, parent of One Florida Bank, in an all-cash transaction valued at $377.6 million for all outstanding shares and options. The deal adds a strong Orlando franchise, where One Florida Bank operates six offices and, as of March 31, 2026, reported consolidated assets of $2.1 billion, loans of $1.7 billion, and deposits of $1.9 billion. The acquisition is expected to close in the third quarter of 2026, subject to regulatory and shareholder approvals, and is projected to be immediately accretive to GAAP EPS excluding one-time costs, with an expected 2027 return on tangible common equity of 16.3% and tangible book value earnback of about four years. Hancock Whitney estimates cost savings of 40% (about $15.8 million), one-time pre-tax merger expenses of $30 million, and a post-close CET1 ratio of 11.4%, positioning the combined bank with a larger, more competitive Florida footprint.

Rhea-AI Summary

Hancock Whitney Corporation reported the results of its 2026 annual shareholder meeting held virtually in Gulfport, Mississippi on April 29, 2026. There were 81,546,524 shares of common stock outstanding and entitled to vote as of the March 2, 2026 record date, with 74,452,585 shares represented virtually or by proxy.

Shareholders elected five directors—Frank E. Bertucci, Constantine S. Liollio, Thomas H. Olinde, Joan C. Teofilo and C. Richard Wilkins—to three-year terms expiring in 2029. An advisory vote on named executive officer compensation passed with 67,398,823 votes for, and shareholders ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for 2026 with 74,126,342 votes for.

Rhea-AI Summary

Hancock Whitney Corporation reported first quarter 2026 net income of $47.4 million, or $0.57 per diluted share, down from $1.49 in the prior quarter, mainly due to a $98.6 million pretax loss on a securities portfolio restructuring.

Excluding this supplemental item, the company said adjusted EPS would be $1.52, slightly above the prior quarter’s $1.49, with adjusted pre-provision net revenue of $172.9 million. Loans reached $24.0 billion, up modestly, while deposits were $29.1 billion, down slightly on seasonal public funds outflows.

Credit quality remained steady, with net charge-offs at 0.19% of average loans and an allowance for credit losses at 1.43% of period-end loans. The net interest margin improved to 3.55%, and capital stayed strong with an estimated 13.30% CET1 ratio and 9.93% tangible common equity, even after the restructuring and share repurchases of 1.4 million shares.

Rhea-AI Summary

Hancock Whitney Corporation announced that its Board of Directors approved an 11.1% increase in the regular first quarter 2026 cash dividend, raising it to $0.50 per share. The dividend will be paid on March 16, 2026 to shareholders of record on March 5, 2026.

The company highlights that it has paid uninterrupted quarterly dividends since 1967, underscoring a long history of returning cash to shareholders.

Rhea-AI Summary

Hancock Whitney Corporation filed a current report to note that it has released its financial results for the fourth quarter ended December 31, 2025. The company distributed a press release with accompanying financial statements, which are furnished as Exhibit 99.1 and made available on its website.

The company also plans an investor call and webcast on January 20, 2026 at 3:30 p.m. Central Time to discuss the fourth quarter results. Presentation materials for this call are furnished as Exhibit 99.2. These materials, along with the press release, are provided as supplemental information and are not treated as formally filed under the securities laws.