Hancock Whitney (HWC) Q1 Earnings Beat on Fee Income Growth
Hancock Whitney (HWC) Zacks Investment Research·2024-04-17 17:06Hancock Whitney Corp.’s (HWC) first-quarter 2024 adjusted earnings per share of $1.28 beat the Zacks Consensus Estimate of $1.18. However, the bottom line compared unfavorably with the $1.45 registered in the year-ago quarter.The results were aided by an increase in non-interest income. Also, marginally higher loan balances were a tailwind. However, a decline in net interest income (NII), and higher expenses and provisions were the undermining factors.After considering a revision to the FDIC Special Assessm ...