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, 2022 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 jurisdiction of incorporation o ...

Financial Data and Key Metrics Changes - The company reported a fourth quarter EPS of $1.65, an increase of $0.10 from the previous quarter [8] - Net income for the fourth quarter was $144 million, up $8.4 million from the third quarter [8] - The efficiency ratio improved to 49.81%, indicating strong operational performance [8] - The net interest margin (NIM) increased to 3.68%, up 14 basis points from the previous quarter [9] - The yield on new loans rose by 134 basis points to 6.27% [9] Business Line Data and Key Metrics Changes - The company experienced a net loan growth of $528.5 million, representing a 9% annualized increase from the previous quarter [96] - Deposit growth was challenged, with DDA and interest-bearing transaction deposits down by $692 million and $176 million, respectively [81] - The company anticipates a 3% to 4% growth in total noninterest income for 2023, despite a $10 million to $11 million loss from the elimination of certain fees [6][128] Market Data and Key Metrics Changes - The company noted that commercial clients are deploying excess liquidity into working capital, impacting deposit growth [81] - The deposit beta increased to around 21% in the fourth quarter, indicating a shift in deposit pricing sensitivity [126] Company Strategy and Development Direction - The company plans to focus on core relationship lending and enhancing deposit relationships to create value [78] - There is an expectation of slower loan growth in 2023, with guidance indicating low to mid-single digit growth [93] - The company is investing in technology to improve scalability and effectiveness, which is expected to yield long-term benefits [79][139] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for 2024, anticipating a more conducive environment for balance sheet growth [36] - The company is prepared for potential economic slowdowns and is focused on maintaining a solid capital position [40][93] - Management highlighted that credit metrics remain at historically low levels, indicating a strong risk management posture [79] Other Important Information - The company expects noninterest expenses to increase by 6% to 7% in 2023, driven by inflation and higher FDIC assessments [6] - The company added $1.5 million to its reserve at year-end, maintaining an allowance for credit losses (ACL) of 148 basis points [40] Q&A Session Summary Question: What factors will influence fee income growth? - Management noted that specialty income components were down in the fourth quarter but expect a rebound in 2023 [12][13] Question: How does the company view its loan portfolio in a higher rate environment? - Management expressed confidence in the portfolio's resilience, particularly in medical office segments, while monitoring potential vulnerabilities [108] Question: What are the expectations for deposit growth in 2023? - Management indicated that deposit growth will be challenging, with a focus on managing the balance sheet effectively [93][121] Question: How will the company manage expenses in 2023? - Management expects a normalization of expenses, with increases primarily driven by pension and FDIC costs [22][139] Question: What is the outlook for net interest margin (NIM)? - Management anticipates stable NIM, with potential fluctuations based on deposit balances and loan growth [105][134]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 jurisdiction of incorporation or organization) Hancock Whitney Plaza, 2510 14 Street, Gulfport, Mississippi 39501 (Address of principal executive offices) (Zip Code) th FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SE ...

Hancock Whitney Corporation (NASDAQ:HWC) Q3 2022 Earnings Conference Call October 18, 2022 5:00 PM ET Company Participants Trisha Carlson - IR Manager John Hairston - President and CEO Michael Achary - CFO Christopher Ziluca - Chief Credit Officer Conference Call Participants Jennifer Demba - Truist Securities Catherine Mealor - KBW Michael Rose - Raymond James Brett Rabatin - Hovde Group Kevin Fitzsimmons - D. A. Davidson Brad Milsaps - Piper Sandler Christopher Marinac - Janney Montgomery Matt Olney - Ste ...

(Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Mississippi 64-0693170 (State or other jurisdiction of incorporation or organization) Hancock Whitney Plaza, 2510 14 Street, Gulfport, Mississippi 39501 (Address of principal executive offic ...

Hancock Whitney Corporation (NASDAQ:HWC) Q2 2022 Earnings Conference Call July 19, 2022 5:00 PM ET Company Participants Trisha Carlson - Investor Relations Manager John Hairston - President and Chief Executive Officer Michael Achary - Chief Financial Officer Christopher Ziluca - Chief Credit Officer Conference Call Participants Kevin Fitzsimmons - D. A. Davidson Brett Rabatin - Hovde Group Jennifer Demba - Truist Securities Casey Haire - Jefferies Brad Milsaps - Piper Sandler Michael Rose - Raymond James Ca ...

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]