Hancock Whitney (US:HWC)2025-10-14 20:30Financial Performance - Net income was $127.5 million, or $1.49 per diluted share, compared to $113.5 million, or $1.32 per diluted share in 2Q25[25] - Adjusted Pre-Provision Net Revenue (PPNR) totaled $175.6 million, up $7.6 million, or 5%, compared to 2Q25[25] - Net Interest Margin (NIM) was 3.49%, consistent with the prior quarter[25] - Efficiency ratio improved to 54.10%, an 81 bps improvement compared to the prior quarter[25] Balance Sheet - Total assets reached $35.8 billion[10] - Loans totaled $23.6 billion, up $135 million, or 2% linked-quarter annualized (LQA)[10, 25, 29] - Deposits decreased by $387 million, or 5% LQA, to $28.7 billion[10, 25, 38] - Criticized commercial loans decreased, while nonaccrual loans increased[25] Capital and Reserves - CET1 ratio was estimated at 14.08%, up 11 bps linked-quarter[25] - Tangible Common Equity (TCE) ratio was 10.01%, up 17 bps linked-quarter[25] - Allowance for Credit Losses (ACL) coverage was solid at 1.45%, unchanged from the prior quarter[25] Strategic Initiatives - The company hired 20 net new bankers from 3Q24 to 3Q25, a 9% increase[23] - Five additional financial center locations are planned for Dallas MSA[23]