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]

Financial Performance - Net income for the three months ended June 30, 2021, was $88,718 thousand, a recovery from a net loss of $(117,072) thousand in the same period of 2020[16]. - Earnings per share for the three months ended June 30, 2021, was $1.00, compared to a loss per share of $(1.36) for the same period in 2020[16]. - Comprehensive income for the three months ended June 30, 2021, was $163,023 thousand, compared to a loss of $(87,612) thousand in the same period of 2020, indicating a strong recovery[18]. - Net income for the three months ended June 30, 2021, was $195,890, compared to a net loss of $228,105 for the same period in 2020, representing a significant turnaround[23]. - Net income for Q2 2021 was $88.7 million, or $1.00 per diluted share, down from $107.2 million, or $1.21 per share in Q1 2021[187]. Asset and Deposit Growth - Total assets increased to $35,098,709 thousand as of June 30, 2021, up from $33,638,602 thousand at December 31, 2020, representing a growth of 4.3%[14]. - The total deposits increased to $29,273,107 thousand as of June 30, 2021, up from $27,697,877 thousand at December 31, 2020, representing a growth of 5.7%[14]. - The company reported a net increase in deposits of $1,575,231 for the six months ended June 30, 2021, compared to $3,518,693 in the same period of 2020[23]. Credit Quality and Losses - The provision for credit losses was $(17,229) thousand for the three months ended June 30, 2021, compared to $306,898 thousand for the same period in 2020, indicating a significant improvement in credit quality[16]. - The provision for credit losses for the six months ended June 30, 2021, was $(22,140), a significant decrease from $553,691 in the same period of 2020[23]. - The net provision for loan losses was $(21,757) thousand, indicating a reduction in reserves[55]. - The net provision for loan losses was $548,424 thousand for the six months ended June 30, 2021, compared to $191,251 thousand for the same period in 2020, representing a substantial increase of 187%[57]. - Nonperforming loans declined by 24% and criticized commercial loans decreased by 5%[189]. Noninterest Income and Expenses - Noninterest income increased to $94,272 thousand for the three months ended June 30, 2021, up from $73,943 thousand in the same period of 2020, reflecting a growth of 27.4%[16]. - Total noninterest expense for the three months ended June 30, 2021, was $236,770 thousand, compared to $196,539 thousand for the same period in 2020, an increase of 20.5%[16]. - The company reported total other noninterest income of $17,881,000 for the three months ended June 30, 2021, compared to $13,134,000 for the same period in 2020, reflecting an increase of approximately 36.5%[112]. Securities and Investments - As of June 30, 2021, the total amortized cost of available-for-sale debt securities was $7,190,161, with a fair value of $7,300,421, reflecting a gross unrealized gain of $167,593[34]. - The company reported proceeds from sales of securities totaling $198,681 for the six months ended June 30, 2021, compared to $124,122 for the same period in 2020, indicating a significant increase in activity[36]. - The fair value of securities pledged as collateral was $3.0 billion at June 30, 2021, down from $3.4 billion at December 31, 2020, reflecting a decrease in collateralized assets[36]. Loans and Lending Activities - The total loans as of June 30, 2021, amounted to $21,148.53 million, a decrease from $21,789.93 million as of December 31, 2020, representing a decline of approximately 2.9%[45]. - The company reported a total of $71.5 million in accrued interest as of June 30, 2021, compared to $76.2 million as of December 31, 2020[44]. - The company reported a net increase in loans of $670,795 for the six months ended June 30, 2021, compared to a net decrease of $(2,029,351) in the same period of 2020[23]. Risk Management and Economic Outlook - The company anticipates a GDP growth of 6.9% in 2021, 5.0% in 2022, and 2.3% in 2023, indicating a positive economic outlook[57]. - Management highlighted the potential impact of COVID-19 on business operations and credit portfolio, emphasizing the need for effective risk management[165]. - The company expects net interest margin to compress an additional 4 basis points in Q3 2021 and 5 basis points in Q4 2021, with an anticipated full-year decline of 30 basis points compared to 2020[197]. Shareholder Returns and Stock Activity - The company declared dividends of $0.27 per share for both the three months ended June 30, 2021, and 2020, maintaining consistent dividend payments[16]. - The Company entered into a stock buyback program on April 22, 2021, authorizing the repurchase of up to 4.3 million shares of common stock[101]. - The Company repurchased 4.9 million shares under a previous buyback program at an average price of $37.65 per share[102].

Second Quarter 2021 Earnings Conference Call 7/20/2021 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 ...

Hancock Whitney Corporation (NASDAQ:HWC) Q2 2021 Earnings Conference Call July 20, 2021 5:00 PM ET Company Participants Trisha Carlson - Investor Relations Manager John Hairston - President and CEO Mike Achary - CFO Chris Ziluca - Chief Credit Officer Conference Call Participants Michael Rose - Raymond James Brett Rabatin - Hovde Group Brad Milsaps - Piper Sandler Jennifer Demba - Truist Securities Catherine Mealor - KBW Matt Olney - Stephens Kevin Fitzsimmons - D. A. Davidson Operator Good day, ladies and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q HANCOCK WHITNEY CORPORATION (Exact name of registrant as specified in its charter) (Mark one) Mississippi 64-0693170 (State or other jurisdiction of incorporation or organization) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Hancock Whitney Plaza, 2510 14th Street, Gulfport, Mississippi 39501 (Address of principal executive offices) (Zip Code) For the quarterly period ended March 31 ...