Core Insights - The Federal Home Loan Bank of Dallas (FHLB Dallas) and Hancock Whitney Bank are providing $15,000 to homeowner Ivan Watkins in New Orleans as part of a disaster recovery initiative [1] - This funding is part of over $500,000 in Disaster Rebuilding Assistance (DRA) grants awarded to nearly 40 homeowners in the Gulf Coast region [1] - The financial assistance will enable Mr. Watkins to install a resilient roof, enhancing the protection of his home [1]

Core Insights - Hancock Whitney has appointed Mary Elizabeth Stringer as the Director of Government Affairs, a newly created position aimed at enhancing the bank's governmental affairs strategy [1] - The role is designed to align with the bank's business priorities and improve engagement across its multi-state operations [1] - The banking industry operates in a highly regulated environment, making effective governmental affairs crucial for success [1]

Core Viewpoint - Hancock Whitney's Q3 2025 earnings exceeded estimates, driven by growth in non-interest income and net interest income (NII), despite facing challenges from higher expenses and lower deposit balances [2][4][6]. Financial Performance - Earnings per share for Q3 2025 were $1.49, surpassing the Zacks Consensus Estimate of $1.41, and reflecting a 12% increase year-over-year [2]. - Net income reached $127.5 million, a 10.3% rise from the previous year, compared to an estimate of $119.5 million [3]. - Total revenues were $385.7 million, up 4.9% year-over-year, but fell short of the Zacks Consensus Estimate of $387.9 million [4]. Income and Expenses - Non-interest income totaled $106 million, marking a 10.5% increase, driven by growth in nearly all components except other income [5]. - Total non-interest expenses rose 4.4% to $212.8 million, slightly below the projected $217.4 million [5]. - The efficiency ratio improved to 54.10% from 54.42% in the prior year, indicating enhanced profitability [5]. Loan and Deposit Trends - Total loans stood at $23.6 billion, a slight increase from the prior quarter, while total deposits decreased by 1.3% to $28.7 billion [6]. - Management anticipates low single-digit growth in deposit balances for the fourth quarter, with public deposits expected to increase by $200-$300 million [12]. Credit Quality - The provision for credit losses was $12.7 million, down 31.9% from the previous year, indicating improved credit quality [7]. - Net charge-offs were 0.19% of average total loans, a decrease of 11 basis points from the prior year [7]. Capital Ratios and Profitability - As of September 30, 2025, the Tier 1 leverage ratio improved to 11.46%, and the common equity Tier 1 ratio rose to 14.08% [8]. - Return on average assets increased to 1.46% from 1.32%, while return on average common equity rose to 11.58% from 11.43% [8]. Share Repurchase Activity - In the reported quarter, Hancock Whitney repurchased 0.66 million shares at an average price of $60.45 per share [10]. Future Outlook - Management expects NII to grow at the lower end of the 3-4% range in Q4 2025, with a modest expansion in net interest margin [13]. - Adjusted non-interest expenses are projected to rise 4-5% in 2025, with plans to hire additional personnel for revenue generation [14]. - The company aims for an adjusted return on assets between 1.40% and 1.50% by Q4 2027 [16]. Market Sentiment - The stock has a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [20].

Financial Performance - Net income for the three months ended September 30, 2025, was $127.47 million, compared to $115.57 million in the prior year, marking a year-over-year growth of approximately 10.5%[15] - Net income for the nine months ended September 30, 2025, was $360,501,000, an increase from $338,741,000 in the same period of 2024, representing a growth of approximately 6.5%[24] - Comprehensive income for the three months ended September 30, 2025, was $180.83 million, compared to $298.01 million in the same period of 2024, showing a decrease of about 39.4%[17] - Comprehensive income for the nine months ended September 30, 2025, totaled $550,133,000, compared to $484,372,000 for the same period in 2024, indicating an increase of about 13.6%[24] - Basic earnings per common share for the three months ended September 30, 2025, was $1.50, up from $1.33 in 2024, representing a 12.8% increase[125] Asset and Liability Management - Total assets increased to $35.77 billion as of September 30, 2025, compared to $35.08 billion at the end of 2024, reflecting a growth of approximately 1.96%[13] - Total deposits decreased to $28.66 billion as of September 30, 2025, from $29.49 billion at the end of 2024, a decline of about 2.8%[13] - The allowance for loan losses was $313.64 million as of September 30, 2025, slightly down from $318.88 million at the end of 2024, indicating a decrease of approximately 1.1%[13] - The company experienced a net decrease in deposits of $833,101,000 during the nine months ended September 30, 2025[24] - The company reported a net increase in short-term borrowings of $1,252,505,000 for the nine months ended September 30, 2025[24] Income and Expense Analysis - Net interest income for the three months ended September 30, 2025, was $279.74 million, up from $271.76 million in the same period of 2024, representing an increase of about 2.9%[15] - Noninterest income for the three months ended September 30, 2025, was $106.00 million, an increase from $95.90 million in the same period of 2024, representing an increase of approximately 10.9%[15] - Total noninterest expense for the three months ended September 30, 2025, was $212.75 million, compared to $203.84 million in the prior year, reflecting an increase of approximately 4.4%[15] - Total other noninterest income for the nine months ended September 30, 2025, was $48.588 million, compared to $45.271 million for the same period in 2024[121] - Total other noninterest expense for the three months ended September 30, 2025, was $21.456 million, compared to $20.472 million in 2024, reflecting a 4.8% increase[122] Loan Portfolio and Credit Quality - Total loans increased to $23,596,565 thousand as of September 30, 2025, up from $23,299,447 thousand at December 31, 2024, representing a growth of 1.28%[51] - The allowance for credit losses totaled $341,510 thousand at September 30, 2025, compared to $342,764 thousand at September 30, 2024, reflecting a slight decrease[64] - Nonaccrual loans increased to $113,554 thousand as of September 30, 2025, compared to $97,335 thousand at December 31, 2024, indicating a rise of 16.66%[66] - The provision for loan losses for the nine months ended September 30, 2025, was $34,217 thousand, compared to $43,656 thousand for the same period in 2024, a decrease of 21.66%[62] - The total balance of commercial non-real estate loans as of September 30, 2025, was $57,892 thousand, representing 0.60% of the portfolio[68] Securities and Investments - The amortized cost of available-for-sale securities was $6.203 billion with a fair value of $5.794 billion as of September 30, 2025[37] - The total debt securities held to maturity amounted to $2.198 billion with a fair value of $2.065 billion as of September 30, 2025[38] - The fair value of available-for-sale securities with unrealized losses totaled approximately $4.008 billion as of September 30, 2025[44] - The Company held no securities classified as trading at September 30, 2025[38] - The Company evaluated its held-to-maturity municipal obligation portfolio for credit loss, resulting in negligible credit losses and no allowance for credit loss recorded[45] Derivatives and Hedging - The notional amount of derivatives designated as hedging instruments was $2.12 billion as of September 30, 2025, with total derivative assets of $111.539 million and liabilities of $106.586 million[92] - The Company recorded $203.5 million of fair value hedges that became effective during the nine months ending September 30, 2025, impacting interest income[96] - The aggregate fair value of derivative instruments with credit risk-related contingent features was $17.5 million at September 30, 2025, down from $39.1 million at December 31, 2024[111] - The fair value of derivative liabilities was reported at $106,582,000 as of September 30, 2025, compared to $160,623,000 as of December 31, 2024[150] - The Company’s level 3 derivative liability decreased from $2,089,000 at December 31, 2024, to $1,855,000 at September 30, 2025[161] Shareholder and Capital Management - The company repurchased 1,762,500 shares of common stock for $100,930,000 during the nine months ended September 30, 2025[24] - Common shares outstanding were 8.1 million at September 30, 2025, excluding treasury shares valued at $354.3 million[114] - The company repurchased 1.8 million shares at an average cost of $56.80 per share during the nine months ended September 30, 2025[115] - The balance of Accumulated Other Comprehensive Income (Loss) was $(416.460) million as of September 30, 2025, compared to $(606.092) million at December 31, 2024[117] - The Company had commitments to extend credit totaling $9.474 billion as of September 30, 2025, an increase from $9.249 billion at December 31, 2024[145] Risk Management and Economic Outlook - Interest rate risk management policies are in place to stabilize net interest income under varying rate environments[324] - A 300 basis point increase in interest rates is projected to increase net interest income by 4.15% in Year 1 and 10.54% in Year 2[327] - Economic Value of Equity (EVE) is expected to decrease by 7.93% with a 300 basis point increase in interest rates[330] - The company is currently less sensitive to changes in short-term rate movements due to a shift in funding mix towards more rate-sensitive deposits[327] - Management intends to mitigate interest rate risk through various strategies, including modifying loan and deposit pricing and adjusting the composition of earning assets[327]

Core Insights - Hancock Whitney (NASDAQ: HWC) has seen its shares decline recently, but overall, the Mississippi-based bank has experienced growth over the past six months [1] Company Overview - The company adopts a long-term, buy-and-hold investment strategy, focusing on stocks that can consistently deliver high-quality earnings, particularly in the dividend and income sectors [1] Investment Perspective - The analyst expresses a beneficial long position in HWC shares, indicating confidence in the bank's future performance [2]

Core Viewpoint - Hancock Whitney (NASDAQ: HWC) has experienced a decline in share price over the past few weeks, but the Mississippi-based bank has still seen an overall increase in its stock value over the last six months [1]. Group 1: Company Performance - The bank's shares have added to their value despite recent declines, indicating resilience in its stock performance [1]. Group 2: Investment Strategy - The investment approach favored is a long-term, buy-and-hold strategy, particularly focusing on stocks that can consistently deliver high-quality earnings, often found in the dividend and income sectors [1].

Core Insights - The article discusses the importance of succession planning in organizations, emphasizing the need for a structured approach to ensure business continuity and effective leadership transitions [3][4][5][6][7]. Group 1: Succession Planning Essentials - Succession plans should encompass all critical leadership and operational roles that impact business continuity and client relationships, including positions like CEO, CFO, and COO [3]. - Identifying potential successors and interim leaders is crucial for seamless transitions during unexpected events, supported by a cross-functional advisory team [3]. Group 2: Assessing Internal Candidates - Organizations should evaluate current leaders and potential successors based on required skills, experience, and values, utilizing performance reviews and leadership assessments [4]. - Customized growth plans should be developed for candidates, including mentoring and exposure to strategic projects, to prepare them for future leadership roles [4]. Group 3: Legal and Financial Considerations - Succession planning involves complex legal and financial implications, including business valuation and potential tax liabilities [5]. - Legal documentation must align with the succession plan, necessitating collaboration with a team of advisors to mitigate tax exposure and liquidity challenges [5]. Group 4: Plan Review and Updates - Succession plans should be reviewed at least annually or when significant changes occur, ensuring alignment with strategic objectives and ownership dynamics [6]. - Continuous communication with advisors and stakeholders is essential to keep the succession plan relevant and actionable [6]. Group 5: Common Mistakes in Succession Planning - Common pitfalls include starting too late, failing to identify successors, and neglecting communication with stakeholders [7]. - To avoid these mistakes, organizations should document their plans formally, engage professional advisors, and regularly test and refine the plan [7].

Core Insights - Hancock Whitney Corp. (HWC) reported third-quarter 2025 earnings per share of $1.49, surpassing the Zacks Consensus Estimate of $1.41, and reflecting a 12% increase from the prior year quarter [1][9] Financial Performance - Net income for the quarter was $127.5 million, a 10.3% increase year over year, exceeding the estimate of $119.5 million [2] - Total revenues reached $385.7 million, up 4.9% year over year, but fell short of the Zacks Consensus Estimate of $387.9 million [3] - Net interest income (NII) increased by 2.9% year over year to $282.3 million, with a net interest margin (NIM) of 3.49%, expanding by 10 basis points [3] - Non-interest income totaled $106 million, reflecting a 10.5% increase, driven by growth in nearly all components except other income [4] - Total non-interest expenses rose by 4.4% to $212.8 million, slightly below the projected $217.4 million [4] Loan and Deposit Trends - Total loans amounted to $23.6 billion, showing a slight increase from the previous quarter, while total deposits decreased by 1.3% to $28.7 billion [5] Credit Quality - The provision for credit losses was $12.7 million, down 31.9% from the prior-year quarter, indicating improved credit quality [6] - Net charge-offs were 0.19% of average total loans, down 11 basis points from the prior-year quarter [6] Capital and Profitability Ratios - As of September 30, 2025, the Tier 1 leverage ratio improved to 11.46% from 11.03% a year ago, and the common equity Tier 1 ratio rose to 14.08% from 13.78% [7] - Return on average assets increased to 1.46% from 1.32%, while return on average common equity rose to 11.58% from 11.43% [7] Share Repurchase Activity - In the reported quarter, HWC repurchased 0.66 million shares at an average price of $60.45 per share [10] Strategic Outlook - The company's strategic expansion initiatives are expected to support top-line growth, while bond restructuring efforts and higher rates may enhance NII and NIM [11]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Insights - Hancock Whitney (HWC) reported revenue of $385.74 million for Q3 2025, a year-over-year increase of 4.9% and an EPS of $1.49 compared to $1.33 a year ago, with a revenue surprise of -0.55% against the Zacks Consensus Estimate of $387.87 million and an EPS surprise of +5.67% over the consensus estimate of $1.41 [1] Financial Performance Metrics - Net interest margin (TE) was reported at 3.5%, matching the four-analyst average estimate of 3.5% [4] - Efficiency Ratio stood at 54.1%, better than the four-analyst average estimate of 56.1% [4] - Total net charge-offs as a percentage of average loans were 0.2%, in line with the average estimate [4] - Average balance of total interest-earning assets was $32.21 billion, slightly below the three-analyst average estimate of $32.41 billion [4] - Total nonperforming loans amounted to $113.55 million, exceeding the two-analyst average estimate of $94.44 million [4] - Total nonperforming assets were reported at $124.69 million, slightly above the two-analyst average estimate of $121.03 million [4] - Total noninterest income reached $106 million, surpassing the four-analyst average estimate of $102.89 million [4] - Net interest income (TE) was $282.31 million, below the four-analyst average estimate of $286.53 million [4] - Net interest income was reported at $279.74 million, compared to the three-analyst average estimate of $283.83 million [4] - Secondary mortgage market operations generated $3.48 million, below the two-analyst average estimate of $4.13 million [4] - Bank card and ATM fees totaled $21.81 million, slightly below the two-analyst average estimate of $22.52 million [4] - Investment and annuity fees and insurance commissions were $14.51 million, exceeding the two-analyst average estimate of $10.87 million [4] Stock Performance - Shares of Hancock Whitney have returned -4.1% over the past month, contrasting with the Zacks S&P 500 composite's +1.1% change, and the stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]