Second Quarter 2022 Earnings Conference Call 7/19/2022 Important cautionary statement about forward-looking statements This presentation contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements that we may make include statements regarding our expectations of our performance and financial condition, balance sheet and revenue growth, the provision for credit l ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36872 HANCOCK WHITNEY CORPORATION (Exact name of registrant as specified in its charter) Mississippi 64-0693170 (State or other ...

First Quarter 2022 Earnings Conference Call 4/19/2022 Important cautionary statement about forward-looking statements This presentation contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements that we may make include statements regarding our expectations of our performance and financial condition, balance sheet and revenue growth, the provision for credit lo ...

Financial Data and Key Metrics Changes - First-quarter net income totaled $123.5 million, down $14.3 million from the previous quarter but up over 15% from the same quarter a year ago [13] - Earnings per share (EPS) for the first quarter was $1.40, down $0.15 from the last quarter but up $0.19 from the first quarter of last year [13] - Core loan growth was 8% linked-quarter annualized, with an increase of $385 million in core loans linked-quarter [6][13] - Total deposits were virtually unchanged linked-quarter, with a shift in mix towards non-interest-bearing deposits [17] Business Line Data and Key Metrics Changes - Core loan growth of $385 million was driven by increasing economic activity and line utilization across various markets and business lines [6][7] - The bond portfolio grew by $318 million, aligning with liquidity deployment plans [13] - The net interest margin (NIM) for the first quarter was 2.81%, an increase of one basis point from the previous quarter [18] Market Data and Key Metrics Changes - New Orleans experienced a resurgence in tourism and hospitality, contributing positively to economic recovery [8][9] - The commercial criticized loan ratio improved to 1.7% of total commercial loans, marking the sixth consecutive quarter of improvement [9] - Non-performing loans (NPLs) decreased to 0.22% of total loans, continuing a trend of improvement over nine quarters [9] Company Strategy and Development Direction - The company announced a strategic decision to eliminate consumer NSF and certain overdraft fees by the end of 2022, estimating an annual impact of $10 million to $11 million in fee income [11][12] - The focus on expanding digital channels and launching new retail products is expected to improve consumer account acquisition rates in 2023 [12] - The company aims to achieve a 55% efficiency ratio target by the end of the year, with ongoing efficiency initiatives helping to manage expense levels [16][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position despite uncertainties in the economic and geopolitical environments [16] - The expectation of continued loan and earning asset growth, along with higher rates, is anticipated to result in higher revenue [13][16] - Management noted that the impact of PPP forgiveness is expected to become less significant in future quarters, allowing for more robust loan growth [7][78] Other Important Information - The total capital levels remain solid, with a Tier one ratio of 11.12%, up three basis points linked-quarter [10] - The unrealized pretax loss in the available-for-sale bond portfolio was $387 million as of March 31, reflecting the impact of rising rates [18] - The company repurchased 350,000 shares at an average price of $52.79 during the quarter [10] Q&A Session Summary Question: Update on hires and expense guidance - Management noted a successful quarter with significant new hires, which are expected to positively impact the loan pipeline [26][28] Question: Margin expectations and balance sheet management - Management confirmed that the guidance on margin reflects a static balance sheet, with expectations for continued deployment of excess liquidity [30][32] Question: Deposit beta assumptions - Management indicated that deposit beta is expected to mirror historical experiences, around 25% on total deposits [38] Question: Vulnerabilities in the loan portfolio - Management identified floating rate loans as potentially more vulnerable, particularly in commercial real estate, but expressed confidence in the portfolio's resilience [67] Question: Guidance on provisioning - Management clarified that reserve releases are expected to taper off, with a potential return to near-zero levels in a few quarters [73][74] Question: Impact of NSF fee changes - Management indicated that changes to NSF fees are expected to be implemented by the end of the year, with a gradual impact on revenue [93] Question: Strategy in Texas market - Management explained the strategy of expanding into Texas markets to diversify risk and capitalize on higher growth rates [97][99]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-36872 Hancock Whitney Corporation (Exact name of registrant as specified in its charter) | Mississippi | | 64-0693170 | | --- | --- | --- | | (State or other j ...

Fourth Quarter 2021 Earnings Conference Call 1/18/2022 Important cautionary statement about forward-looking statements This presentation contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements that we may make include statements regarding our expectations of our performance and financial condition, balance sheet and revenue growth, the provision for credit l ...

Hancock Whitney Corporation (NASDAQ:HWC) Q4 2021 Earnings Conference Call January 18, 2022 5:00 PM ET Company Participants Trisha Carlson - Investor Relations Manager John Hairston - President and CEO Michael Achary - CFO Conference Call Participants Michael Rose - Raymond James Brad Milsaps - Piper Sandler Brett Rabatin - Hovde Group Jennifer Demba - Truist Securities Catherine Miller - KBW Kevin Fitzsimmons - D. A. Davidson Christopher Marinac - Janney Montgomery Scott Disclaimer*: This transcript is desi ...

Third Quarter 2021 Earnings Conference Call 10/19/2021 Important cautionary statement about forward-looking statements This presentation contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements that we may make include statements regarding our expectations of our performance and financial condition, balance sheet and revenue growth, the provision for credit l ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36872 HANCOCK WHITNEY CORPORATION (Exact name of registrant as specified in its charter) Mississippi 64-0693170 (State or o ...

Financial Data and Key Metrics Changes - The company reported net income of $130 million or $1.46 per share, an increase of $41 million or $0.46 linked quarter [8] - Adjusted EPS for the third quarter was $1.45, up $0.08 linked quarter [8] - A negative provision of $27 million in the third quarter compared to a negative provision of $17 million in the second quarter, attributed to less than $2 million of net charge-offs [9] - Criticized and non-performing loans decreased by 29% and 65% respectively from one year ago [9] Business Line Data and Key Metrics Changes - Core EOP loans grew by $220 million, partially offsetting $482 million in PPP forgiveness during the quarter [17] - Total reported loans decreased by $262 million, ending the quarter at just under $21 billion [17] - The company maintained guidance for core loan growth of $400 million to $500 million and PPP forgiveness of up to $500 million [18] Market Data and Key Metrics Changes - The company experienced a flat net interest income with only a 2 basis points compression in NIM [19] - The NIM was impacted by a full quarter's effect from the June redemption of subordinated debt and a lower cost of deposits, adding 5 basis points to the NIM [20] - The company expects an additional 4 basis points of compression in the fourth quarter due to continued levels of liquidity and lower rates [21] Company Strategy and Development Direction - The company aims for a 55% efficiency ratio and plans to deploy excess liquidity into loans and securities as rates rise [12] - The company is hiring bankers in new and growth markets, having added 15 new bankers recently [13] - The company is focused on strategic procurement and operational effectiveness gains through technology deployment [14] Management's Comments on Operating Environment and Future Outlook - Management noted that there is no significant pressure on credit from Hurricane Ida or the Delta surge, with asset quality metrics improving [10] - The company expects to maintain a strong position with TCE projected back to 8% or better by year-end [14] - Management expressed confidence in achieving solid loan growth and maintaining expense targets despite inflationary pressures [12][23] Other Important Information - The company repurchased just over 56,000 shares of common stock at an average price of $44.49 per share [24] - The company expects mortgage fees to slow as the boom in refinancing begins to subside [22] Q&A Session Summary Question: Efficiency ratio target and revenue expectations - Management directed attention to slide eighteen for guidance on loan growth and balance sheet management [32] Question: Credit quality and reserve levels - Management indicated potential for reserve releases similar to previous quarters, estimating around $27 million to $28 million [38] Question: Fee income guidance and mortgage impact - Management noted that secondary mortgage fee reduction was a significant detractor from fee income, but other categories showed improvement [44] Question: Margin pressure and loan pricing - Management acknowledged competitive pricing pressures in the market but indicated they are meeting competition effectively [76] Question: Investment securities portfolio growth - The bond book is currently at about $8.2 billion, representing approximately 25.6% of earning assets, with potential growth depending on market conditions [80]