i - 1 Coming in such a short space of time, those returns naturally make the stock a little more expensive than it was at previous coverage. Still, Q2 figures released this week looked solid, and while the shares may be a little more expensive now at $55.37, the implied valuation still doesn't require aggressive long-term assumptions to work. Indeed, investors can afford to see Hancock underperform on profitability and growth while still offering upside beyond the $60 per share region. As such, I keep my 'B ...

Hancock Whitney Corp.'s (HWC) second-quarter 2024 earnings per share of $1.31 beat the Zacks Consensus Estimate of $1.19. However, the bottom line compared unfavorably with $1.35 per share registered in the yearago quarter. The results were aided by an increase in non-interest income. However, a decline in net interest income (NII) and higher expenses and provisions were the undermining factors. Net income was $114.6 million, down 2.7% year over year. Our estimate for the metric was $98.7 million. Revenues ...

Hancock Whitney Corporation (NASDAQ:HWC) Q2 2024 Earnings Conference Call July 16, 2024 4:30 PM ET Company Participants Kathryn Mistich - Investor Relations Manager John Hairston - President & Chief Executive Officer Mike Achary - Chief Financial Officer Chris Ziluca - Chief Credit Officer Conference Call Participants Catherine Mealor - KBW Michael Rose - Raymond James Casey Haire - Jefferies Brandon King - Truist Securities Ben Gerlinger - Citi Brett Rabatin - Hovde Group Stephen Scouten - Piper Sandler Ga ...

Hancock Whitney (HWC) reported $359.6 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 0.7%. EPS of $1.31 for the same period compares to $1.35 a year ago. The reported revenue represents a surprise of +1.03% over the Zacks Consensus Estimate of $355.94 million. With the consensus EPS estimate being $1.19, the EPS surprise was +10.08%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Hancock Whitney (HWC) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.08%. A quarter ago, it was expected that this holding company of Whitney Bank and Hancock Bank would post earnings of $1.18 per share when it actually produced earnings of $1.28, delivering a surprise of 8.47%. ...

Second Quarter 2024 Earnings Conference Call Important cautionary statement about forward-looking statements Fed - Federal Reserve Bank FF – Federal Funds FHLB – Federal Home Loan Bank FRB-DW – Federal Reserve Bank Discount Window Free Securities – market value of unencumbered investment | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Exhibit 99.1 FOR IMMEDIATE RELEASE July 16, 2024 For more information Kathryn Shrout Mistich, VP, Investor Relations Manager 504.539.7836 or kathryn.mistich@hancockwhitney.com Hancock Whitney reports second quarter 2024 EPS of $1.31 GULFPORT, Miss. (July 16, 2024) — Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the second quarter of 2024. Net income for the second quarter of 2024 totaled $114.6 million, or $1.31 per diluted common share (EPS), compared to $108.6 million ...

Bearing this in mind, let's now explore the average estimates of specific Hancock Whitney metrics that are commonly monitored and projected by Wall Street analysts. According to the collective judgment of analysts, 'Total nonperforming assets' should come in at $108.65 million. Compared to the present estimate, the company reported $80.39 million in the same quarter last year. Analysts forecast 'Investment and annuity fees and insurance commissions' to reach $11.43 million. Compared to the current estimate, ...

Hancock Whitney (HWC) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change ...

Volatility has returned to Wall Street, with all major indexes snapping their rally last week. The Dow, the S&P 500 and the Nasdaq ended 0.9%, 0.5% and 1.1% lower, respectively. Core PCE, which excludes the volatile costs of food and energy, increased by 0.2% month over month. This was less than the 0.3% increase in March and the consensus estimate for a repeat increase. Inflation is still sharply high compared to the Federal Reserve's 2% target. This has raised uncertainty over the time of the first intere ...