Hancock Whitney第二季純利1.27億美元 每股盈利1.55美元 貸款及存款增長強勁

EX-99.1
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hwc-ex99_1.htm
EX-99.1

 
 EX-99.1
 
 
  

 Exhibit 99.1

 
 
 
 
 

 
 

  
FOR IMMEDIATE RELEASE
July 21, 2026

 

 For more information
Ashleigh Flower Wilshire, SVP, Head of Investor Relations
504.299.5076 or [email protected] 
 
 
Hancock Whitney reports second quarter 2026 EPS of $1.55
 
GULFPORT, Miss. (July 21, 2026) — Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the second quarter of 2026. Net income for the second quarter of 2026 totaled $127.0 million, or $1.55 per diluted common share (EPS), compared to $47.4 million, or $0.57 per diluted common share, in the first quarter of 2026. First quarter 2026 results include a pretax charge of $98.6million, or $0.95 per share, of a supplemental disclosure item related to a net loss on securities portfolio restructure. There were no supplemental disclosure items in the second quarter of 2026. The company reported net income for the second quarter of 2025 of $113.5 million, or $1.32 per diluted common share. The second quarter of 2025 included $5.9 million, or $0.05 per diluted common share, of supplemental disclosure items related to the acquisition of Sabal Trust Company. 
 
Second Quarter 2026 Highlights 
•Net income totaled $127.0 million, or $1.55 per diluted share, compared to $47.4 million, or $0.57 per diluted share in the first quarter of 2026

•Adjusted pre-provision net revenue (PPNR) totaled $178.1 million, up $5.2 million, or 3% from the prior quarter

•Loans increased $588 million, or 10% linked quarter annualized (LQA) 

•Deposits increased $548 million, or 8% LQA

•Criticized commercial loans decreased and nonaccrual loans were virtually flat compared to the first quarter of 2026

•ACL coverage solid at 1.42%

•NIM of 3.56%, up 1 bp from the prior quarter

•CET1 ratio estimated at 13.18%, down 11 bps linked-quarter; TCE ratio of 9.78%, down 15 bps linked-quarter; total risk-based capital ratio estimated at 14.97%, down 13 bps linked-quarter

•Efficiency ratio of 55.31%, compared to 55.43% in the prior quarter

 
 
 
 
 
 
 

 1
 

 
  

 “The second quarter of 2026 results reflect another quarter of strong performance,” said John M. Hairston, President & CEO. “Our team delivered exceptional progress on our organic growth plan with loan growth of 10% and deposit growth of 8%, linked quarter annualized. We remained focused on our investment in revenue-generating activities, including hiring 15 net new bankers in the second quarter. Profitability remains solid with EPS of $1.55, ROA of 1.42%, an efficiency ratio of 55.31%, and continued fee income growth and well-controlled expenses. Our criticized loan levels decreased during the quarter and our ACL remains robust at 1.42%. We also announced the acquisition of One Florida Bank this quarter and expect to close the transaction on August 1. We look forward to the remainder of 2026 as we continue to execute our organic growth plan and welcome the One Florida Bank associates and clients to Hancock Whitney.”
 
 
Loans
Total loans were $24.6 billion at June 30, 2026, up $588.3 million, or 2%, from March 31, 2026. Loan growth was driven primarily by an increase in C&I lending, healthcare activity, and commercial real estate across multiple products. 
 
Average loans totaled $24.3 billion for the second quarter of 2026, up $373.9 million, or 2%, linked-quarter.
 
Deposits
Total deposits at June 30, 2026 were $29.6 billion, up $547.6 million, or 2%, from March 31, 2026. Deposit growth was driven primarily by an increase in interest-bearing transactions and savings, offset by decreases in retail time deposits and interest-bearing public fund deposits.
 
Noninterest-bearing deposits totaled $10.3 billion at June 30, 2026, virtually flat from March 31, 2026, and comprised 35% of total period-end deposits. 
 
Interest-bearing transaction and savings deposits totaled $13.0 billion at the end of the second quarter of 2026, up $785.0 million, or 6%, linked-quarter due to competitive products and pricing.
 
Interest-bearing public fund deposits decreased $56.9 million, or 2%, linked-quarter, totaling $2.9 billion at June 30, 2026. The decrease in interest-bearing public fund deposits was driven by seasonal outflows. Compared to March 31, 2026, retail time deposits of $3.4 billion were down $172.4 million, or 5%, driven by maturities and repricing during the second quarter of 2026.
 
Average deposits for the second quarter of 2026 were $28.8 billion, down $53.8 million, or less than 1%, linked-quarter. 
 
Asset Quality
The total allowance for credit losses (ACL) was $348.0 million at June 30, 2026, up $4.3 million, or 1% from March 31, 2026. During the second quarter of 2026, the company recorded a provision for credit losses of $13.8 million, compared to $13.2 million in the first quarter of 2026. There were $9.4 million of net charge-offs in the second quarter of 2026, or 0.16% of average total loans on an annualized basis, compared to net charge-offs of $11.1 million, or 0.19% of average total loans in the first quarter of 2026. The ratio of ACL to period-end loans was 1.42% at June 30, 2026 compared to 1.43% at March 31, 2026. 
 
 
 
 
 
 

 2
 

 
  

 Criticized commercial loans totaled $492.0 million, or 2.55% of total commercial loans, at June 30, 2026, down $30.2 million from $522.2 million, or 2.79% of total commercial loans, at March 31, 2026. Nonaccrual loans totaled $113.7 million, or 0.46% of total loans, at June 30, 2026, compared to $113.3 million, or 0.47% of total loans, at March 31, 2026. ORE and foreclosed assets were $12.9 million at June 30, 2026, up $1.6 million, or 14%, from $11.3 million at March 31, 2026. 
 
Net Interest Income and Net Interest Margin (NIM) (TE)
Net interest income (TE) for the second quarter of 2026 was $295.2 million, an increase of $7.7 million, or 3%, from the first quarter of 2026. The net interest margin (NIM) (TE) was 3.56% in the second quarter of 2026, up 1 bp linked-quarter, driven by the higher investment portfolio yield (+2 bps), and lower cost of deposits (+3 bps), partially offset by unfavorable borrowing costs (-3 bps) and lower loan yields (-1 bp).
 
Average earning assets were $33.2 billion for the second quarter of 2026, up $507 million, or 2%, from the first quarter of 2026. 
 
Noninterest Income
Noninterest income totaled $108.4 million for the second quarter of 2026, up $100.9 million from the first quarter of 2026. Included in noninterest income in the first quarter of 2026 was a supplemental disclosure item of a ($98.6) million loss from a securities portfolio restructuring. There were no supplemental disclosure items in the second quarter of 2026. 
 
Service charges on deposit accounts totaled $25.9 million for the second quarter of 2026, unchanged from prior quarter. Bank card and ATM fees were up $1.1 million, or 5%, from the first quarter of 2026. Investment and annuity income and insurance fees were up $2.0 million, or 16%, linked-quarter due to seasonally higher activity. Trust fees were up $1.5 million, or 6%, linked-quarter due to annual collection of tax preparation fees. Fees from secondary mortgage operations totaled $4.1 million for the second quarter of 2026, up $0.5 million, or 15%, linked-quarter.
 
There were no securities gains and losses in the second quarter of 2026. Securities transactions, net in the first quarter 2026 was a loss of $98.6 million, resulting from a securities portfolio restructuring identified as a supplemental disclosure item.
 
Other noninterest income was $14.5 million in the second quarter of 2026, down $2.8 million, or 16%, from the first quarter of 2026. The decrease in other noninterest income was primarily due to lower syndication fees and lower SBIC income.
 
Noninterest Expense & Taxes
Noninterest expense totaled $225.4 million, up $4.7 million, or 2% linked-quarter. 
 
Personnel expense totaled $130.2 million in the second quarter of 2026, up $3.0 million, or 2%, linked-quarter due to annual merit increases and the impact of new hires.
 
Net occupancy and equipment expense totaled $18.3 million in the second quarter of 2026, up $1.0 million, or 6%, from the first quarter of 2026. Amortization of intangibles totaled $2.2 million for the second quarter of 2026, down $0.3 million, or 13%, linked-quarter. 
 
Net expense on ORE and other foreclosed assets totaled $0.2 million in the second quarter of 2026, compared to $0.4 million in the first quarter of 2026.
 

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 Other expenses totaled $74.5 million in the second quarter of 2026, up $1.2 million, or 2%, linked-quarter. 
 
The effective income tax rate for the second quarter of 2026 was 21.7 %, compared to 19.3% in the first quarter of 2026. 
 
Capital
Common stockholders’ equity at June 30, 2026 totaled $4.4 billion, up $24.5 million, or 1%, from March 31, 2026. The tangible common equity (TCE) ratio was 9.78%, down 15 bps linked-quarter. The company’s CET1 ratio is estimated to be 13.18% at June 30, 2026, down 11 bps linked-quarter. Total risk-based capital ratio is estimated to be 14.97% at June 30, 2026, down 13 bps linked-quarter. 
 
During the second quarter of 2026, the company repurchased 712,966 shares of its common stock at an average price of $68.28 per share. This stock repurchase is pursuant to the company’s share buyback program (which authorizes the repurchase of up to 5%, or approximately 4.1 million shares, of the company’s outstanding common stock), which expires on December 31, 2026. Since its inception, the company has repurchased 2,112,966 shares under this share buyback program.
 
Conference Call and Slide Presentation
Management will host a conference call for analysts and investors at 3:30 p.m. Central Time on Tuesday, July 21, 2026 to review second quarter of 2026 results. A live listen-only webcast of the call will be available under the Investor Relations section of Hancock Whitney’s website at investors.hancockwhitney.com. A link to the release with additional financial tables, and a link to a slide presentation related to second quarter 2026 results are also posted as part of the webcast link. To participate in the Q&A portion of the call, dial 833-461-5787, access code 863473372.
 
A replay of the conference call will be available under the Investor Relations section of our website. 
 
About Hancock Whitney 
Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; and mortgage services. The company also operates combined loan and deposit production offices in the greater metropolitan areas of Nashville, Tennessee, and Atlanta, Georgia. More information is available at www.hancockwhitney.com. 
 
Non-GAAP Financial Measures 
This news release includes non-GAAP financial measures to describe Hancock Whitney’s performance. These non-GAAP financial measures should not be considered alternatives to GAAP-basis financial statements and other bank holding companies may define or calculate these non-GAAP measures or similar measures differently. The reconciliations of those measures to GAAP measures are provided either in the financial tables or in Appendix A thereto.
 
Consistent with the provisions of subpart 229.1400 of the Securities and Exchange Commission’s Regulation S-K, “Disclosures by Bank and Savings and Loan Registrants,” the company presents net interest income, net interest margin and efficiency ratios on a fully taxable equivalent (“TE”) basis. The TE basis adjusts for the tax-favored status of net interest income from certain loans and investments using the statutory federal tax rate to increase tax-exempt interest income to a 

 4
 

 
  

 taxable equivalent basis. The company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.
 
The company presents certain additional non-GAAP financial measures to assist the reader with a better understanding of the company’s performance period over period, as well as to provide investors with assistance in understanding the success management has experienced in executing its strategic initiatives. The company highlights certain items that are outside of our principal business and/or are not indicative of forward-looking trends in supplemental disclosures items below our GAAP financial data and presents certain “Adjusted” ratios that exclude these disclosed items. These adjusted ratios provide management or the reader with a measure that may be more indicative of forward-looking trends in our business, as well as demonstrates the effects of significant gains or losses and changes. 
 
We define Adjusted Pre-Provision Net Revenue as net income excluding provision expense and income tax expense, plus the taxable equivalent adjustment (as defined above), less supplemental disclosure items (as defined above). Management believes that adjusted pre-provision net revenue is a useful financial measure because it enables investors and others to assess the company’s ability to generate capital to cover credit losses through a credit cycle. We define Adjusted Revenue as net interest income (te) and noninterest income less supplemental disclosure items. We define Adjusted Noninterest Expense as noninterest expense less supplemental disclosure items. We define our Efficiency Ratio as noninterest expense to total net interest income (te) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items, if applicable. Management believes adjusted revenue, adjusted noninterest expense and the efficiency ratio are useful measures as they provide a greater understanding of ongoing operations and enhance comparability with prior periods.
 
Important Cautionary Statement about Forward-Looking Statements
This release 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 losses, capital levels, deposits (including growth, pricing, and betas), investment portfolio, other sources of liquidity, loan growth expectations, management’s predictions about charge-offs for loans, the impact of current and future economic conditions, including the effects of declines in the real estate market, tariffs or trade wars (including reduced consumer spending, lower economic growth or recession, reduced demand for U.S. exports, disruptions to supply chains, and decreased demand for other banking products and services), high unemployment, inflationary pressures, increasing insurance costs, fluctuations in interest rates, including the impact of changes in interest rates on our financial projections, models and guidance and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing, general economic business conditions in our local markets, Federal Reserve action with respect to interest rates, the effects of war or other conflicts, acts of terrorism, climate change, the impact of natural or man-made disasters, the adequacy of our enterprise risk management framework, potential claims, damages, penalties, fines and reputational damage resulting from pending or future litigation, regulatory proceedings, assessments, and enforcement actions, as well as the impact of negative developments affecting the banking industry and the resulting media coverage; the timing, benefits, costs and synergies of the merger with One Florida Bank, as well as statements regarding the potential impact of current or future business combinations on our performance and financial condition, including our ability to successfully identify acquisition targets and integrate the businesses, success of revenue-generating and cost reduction initiatives, the potential impact of third-party business combinations in our footprint on our performance and financial condition, the effectiveness of derivative financial instruments and 

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 hedging activities to manage risks, projected tax rates, increased cybersecurity risks, including potential business disruptions or financial losses, and the impact of artificial intelligence on our business operations, the adequacy of our internal controls over financial and non-financial reporting, the impact of changes in U.S. laws or policies, including those related to credit card interest rates, the financial impact of regulatory requirements and tax reform legislation, deposit trends, credit quality trends, net interest margin trends, future expense levels, future profitability, supplemental disclosure items, improvements in expense to revenue (efficiency) ratio, purchase accounting impacts and expected returns. Also, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “forecast,” “goals,” “targets,” “initiatives,” “focus,” “potentially,” “probably,” “projects,” “outlook," or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could.” Forward-looking statements are based upon the current beliefs and expectations of management and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events. 
 
Forward-looking statements are subject to significant risks and uncertainties. Any forward-looking statement made in this release is subject to the safe harbor protections set forth in the Private Securities Litigation Reform Act of 1995. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, and in other periodic reports that we file with the SEC.
 
 
 
 

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 HANCOCK WHITNEY CORPORATION

  

 

 
 FINANCIAL HIGHLIGHTS

  

 

 
 (Unaudited)

  

 

 
  

  

 Three Months Ended

  

  

 Six Months Ended

  

 

 
 (dollars and common share data in thousands, except per share amounts)

  

 6/30/2026

  

  

 3/31/2026

  

  

 6/30/2025

  

  

 6/30/2026

  

  

 6/30/2025

  

 

 
 NET INCOME

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Net interest income

  

 $

 293,012

  

  

 $

 285,165

  

  

 $

 276,959

  

  

 $

 578,177

  

  

 $

 546,864

  

 

 
 Net interest income (TE) (a)

  

  

 295,225

  

  

  

 287,566

  

  

  

 279,455

  

  

  

 582,791

  

  

  

 552,166

  

 

 
 Provision for credit losses

  

  

 13,775

  

  

  

 13,172

  

  

  

 14,925

  

  

  

 26,947

  

  

  

 25,387

  

 

 
 Noninterest income

  

  

 108,350

  

  

  

 7,482

  

  

  

 98,524

  

  

  

 115,832

  

  

  

 193,315

  

 

 
 Noninterest expense

  

  

 225,436

  

  

  

 220,748

  

  

  

 215,979

  

  

  

 446,184

  

  

  

 421,038

  

 

 
 Income tax expense

  

  

 35,190

  

  

  

 11,305

  

  

  

 31,048

  

  

  

 46,495

  

  

  

 60,719

  

 

 
 Net income

  

 $

 126,961

  

  

 $

 47,422

  

  

 $

 113,531

  

  

 $

 174,383

  

  

 $

 233,035

  

 

 
 Supplemental disclosure items - included above, pre-tax

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Included in noninterest income

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Loss on securities portfolio restructure

  

 $

 —

  

  

 $

 98,595

  

  

 $

 —

  

  

 $

 98,595

  

  

 $

 —

  

 

 
 Included in noninterest expense

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Sabal Trust Company acquisition expense

  

 $

 —

  

  

 $

 —

  

  

 $

 5,911

  

  

 $

 —

  

  

 $

 5,911

  

 

 
 PERIOD-END BALANCE SHEET DATA

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Loans

  

 $

 24,580,173

  

  

 $

 23,991,840

  

  

 $

 23,461,750

  

  

 $

 24,580,173

  

  

 $

 23,461,750

  

 

 
 Securities

  

  

 7,891,359

  

  

  

 8,028,014

  

  

  

 7,868,011

  

  

  

 7,891,359

  

  

  

 7,868,011

  

 

 
 Earning assets

  

  

 33,039,464

  

  

  

 32,306,650

  

  

  

 31,965,130

  

  

  

 33,039,464

  

  

  

 31,965,130

  

 

 
 Total assets

  

  

 36,345,972

  

  

  

 35,542,126

  

  

  

 35,212,652

  

  

  

 36,345,972

  

  

  

 35,212,652

  

 

 
 Noninterest-bearing deposits

  

  

 10,336,866

  

  

  

 10,344,878

  

  

  

 10,638,785

  

  

  

 10,336,866

  

  

  

 10,638,785

  

 

 
 Total deposits

  

  

 29,629,760

  

  

  

 29,082,134

  

  

  

 29,046,612

  

  

  

 29,629,760

  

  

  

 29,046,612

  

 

 
 Common stockholders' equity

  

  

 4,444,134

  

  

  

 4,419,592

  

  

  

 4,365,419

  

  

  

 4,444,134

  

  

  

 4,365,419

  

 

 
 AVERAGE BALANCE SHEET DATA

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Loans

  

 $

 24,339,904

  

  

 $

 23,965,993

  

  

 $

 23,249,241

  

  

 $

 24,153,981

  

  

 $

 23,159,406

  

 

 
 Securities (b)

  

  

 8,285,594

  

  

  

 8,265,682

  

  

  

 8,271,777

  

  

  

 8,275,693

  

  

  

 8,256,729

  

 

 
 Earning assets

  

  

 33,205,847

  

  

  

 32,698,837

  

  

  

 32,081,140

  

  

  

 32,953,742

  

  

  

 32,052,670

  

 

 
 Total assets

  

  

 35,881,537

  

  

  

 35,420,096

  

  

  

 34,527,276

  

  

  

 35,652,091

  

  

  

 34,441,870

  

 

 
 Noninterest-bearing deposits

  

  

 10,104,015

  

  

  

 10,033,006

  

  

  

 10,317,446

  

  

  

 10,068,707

  

  

  

 10,240,760

  

 

 
 Total deposits

  

  

 28,780,937

  

  

  

 28,834,747

  

  

  

 28,649,900

  

  

  

 28,807,693

  

  

  

 28,700,875

  

 

 
 Common stockholders' equity

  

  

 4,420,837

  

  

  

 4,461,827

  

  

  

 4,284,279

  

  

  

 4,441,218

  

  

  

 4,233,827

  

 

 
 COMMON SHARE DATA

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Earnings per share - diluted

  

 $

 1.55

  

  

 $

 0.57

  

  

 $

 1.32

  

  

 $

 2.12

  

  

 $

 2.69

  

 

 
 Cash dividends per share

  

  

 0.50

  

  

  

 0.50

  

  

  

 0.45

  

  

  

 1.00

  

  

  

 0.90

  

 

 
 Book value per share (period-end)

  

  

 55.23

  

  

  

 54.46

  

  

  

 51.15

  

  

  

 55.23

  

  

  

 51.15

  

 

 
 Tangible book value per share (period-end)

  

  

 42.95

  

  

  

 42.26

  

  

  

 39.46

  

  

  

 42.95

  

  

  

 39.46

  

 

 
 Weighted average number of shares - diluted

  

  

 81,485

  

  

  

 82,261

  

  

  

 85,943

  

  

  

 81,868

  

  

  

 86,203

  

 

 
 Period-end number of shares

  

  

 80,471

  

  

  

 81,152

  

  

  

 85,351

  

  

  

 80,471

  

  

  

 85,351

  

 

 
 Market data

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 High sales price

  

 $

 75.25

  

  

 $

 75.43

  

  

 $

 58.24

  

  

 $

 75.43

  

  

 $

 61.57

  

 

 
 Low sales price

  

  

 62.16

  

  

  

 59.97

  

  

  

 43.90

  

  

  

 59.97

  

  

  

 43.90

  

 

 
 Period-end closing price

  

  

 74.72

  

  

  

 63.59

  

  

  

 57.40

  

  

  

 74.72

  

  

  

 57.40

  

 

 
 Trading volume

  

  

 55,444

  

  

  

 53,673

  

  

  

 43,450

  

  

  

 109,117

  

  

  

 85,142

  

 

 
 PERFORMANCE RATIOS

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Return on average assets

  

  

 1.42

 %

  

  

 0.54

 %

  

  

 1.32

 %

  

  

 0.99

 %

  

  

 1.36

 %

 

 
 Return on average common equity

  

  

 11.52

 %

  

  

 4.31

 %

  

  

 10.63

 %

  

  

 7.92

 %

  

  

 11.10

 %

 

 
 Return on average tangible common equity

  

  

 14.84

 %

  

  

 5.54

 %

  

  

 13.71

 %

  

  

 10.19

 %

  

  

 14.21

 %

 

 
 Tangible common equity ratio (c)

  

  

 9.78

 %

  

  

 9.93

 %

  

  

 9.84

 %

  

  

 9.78

 %

  

  

 9.84

 %

 

 
 Net interest margin (TE)

  

  

 3.56

 %

  

  

 3.55

 %

  

  

 3.49

 %

  

  

 3.55

 %

  

  

 3.46

 %

 

 
 Noninterest income as a percentage of total revenue (TE)

  

  

 26.85

 %

  

  

 2.54

 %

  

  

 26.07

 %

  

  

 16.58

 %

  

  

 25.93

 %

 

 
 Efficiency ratio (d)

  

  

 55.31

 %

  

  

 55.43

 %

  

  

 54.91

 %

  

  

 55.37

 %

  

  

 55.06

 %

 

 
 Average loan/deposit ratio

  

  

 84.57

 %

  

  

 83.11

 %

  

  

 81.15

 %

  

  

 83.85

 %

  

  

 80.69

 %

 

 
 Allowance for loan losses as a percentage of period-end loans

  

  

 1.27

 %

  

  

 1.30

 %

  

  

 1.33

 %

  

  

 1.27

 %

  

  

 1.33

 %

 

 
 Allowance for credit losses as a percentage of period-end loans (e)

  

  

 1.42

 %

  

  

 1.43

 %

  

  

 1.45

 %

  

  

 1.42

 %

  

  

 1.45

 %

 

 
 Annualized net charge-offs to average loans

  

  

 0.16

 %

  

  

 0.19

 %

  

  

 0.31

 %

  

  

 0.17

 %

  

  

 0.24

 %

 

 
 Allowance for loan losses as a % of nonaccrual loans

  

  

 274.99

 %

  

  

 274.67

 %

  

  

 329.94

 %

  

  

 274.99

 %

  

  

 329.94

 %

 

 
 FTE headcount

  

  

 3,674

  

  

  

 3,658

  

  

  

 3,580

  

  

  

 3,674

  

  

  

 3,580

  

 

 
 (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.

  

 

 
 (b) Average securities does not include unrealized holding gains/losses on available for sale securities.

  

 

 
 (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets.

  

 

 
 (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items noted above.

  

 

 
 (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments.

  

 

  

 7
 

 
  

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 HANCOCK WHITNEY CORPORATION

  

 

 
 QUARTERLY FINANCIAL HIGHLIGHTS

  

 

 
 (Unaudited)

  

 

 
  

  

 Three Months Ended

  

 

 
 (dollars and common share data in thousands, except per share amounts)

  

 6/30/2026

  

  

 3/31/2026

  

  

 12/31/2025

  

  

 9/30/2025

  

  

 6/30/2025

  

 

 
 NET INCOME

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Net interest income

  

 $

 293,012

  

  

 $

 285,165

  

  

 $

 282,170

  

  

 $

 279,738

  

  

 $

 276,959

  

 

 
 Net interest income (TE) (a)

  

  

 295,225

  

  

  

 287,566

  

  

  

 284,675

  

  

  

 282,309

  

  

  

 279,455

  

 

 
 Provision for credit losses

  

  

 13,775

  

  

  

 13,172

  

  

  

 13,145

  

  

  

 12,651

  

  

  

 14,925

  

 

 
 Noninterest income

  

  

 108,350

  

  

  

 7,482

  

  

  

 107,131

  

  

  

 106,001

  

  

  

 98,524

  

 

 
 Noninterest expense

  

  

 225,436

  

  

  

 220,748

  

  

  

 217,850

  

  

  

 212,753

  

  

  

 215,979

  

 

 
 Income tax expense

  

  

 35,190

  

  

  

 11,305

  

  

  

 32,734

  

  

  

 32,869

  

  

  

 31,048

  

 

 
 Net income

  

 $

 126,961

  

  

 $

 47,422

  

  

 $

 125,572

  

  

 $

 127,466

  

  

 $

 113,531

  

 

 
 Supplemental disclosure items - included above, pre-tax

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Included in noninterest income

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Loss on securities portfolio restructure

  

 $

 —

  

  

 $

 98,595

  

  

 $

 —

  

  

 $

 —

  

  

 $

 —

  

 

 
 Included in noninterest expense

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Sabal Trust Company acquisition expense

  

 $

 —

  

  

 $

 —

  

  

 $

 —

  

  

 $

 —

  

  

 $

 5,911

  

 

 
 PERIOD-END BALANCE SHEET DATA

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Loans

  

 $

 24,580,173

  

  

 $

 23,991,840

  

  

 $

 23,958,440

  

  

 $

 23,596,565

  

  

 $

 23,461,750

  

 

 
 Securities

  

  

 7,891,359

  

  

  

 8,028,014

  

  

  

 8,094,799

  

  

  

 7,991,281

  

  

  

 7,868,011

  

 

 
 Earning assets

  

  

 33,039,464

  

  

  

 32,306,650

  

  

  

 32,218,663

  

  

  

 32,532,320

  

  

  

 31,965,130

  

 

 
 Total assets

  

  

 36,345,972

  

  

  

 35,542,126

  

  

  

 35,472,762

  

  

  

 35,766,407

  

  

  

 35,212,652

  

 

 
 Noninterest-bearing deposits

  

  

 10,336,866

  

  

  

 10,344,878

  

  

  

 10,374,991

  

  

  

 10,305,303

  

  

  

 10,638,785

  

 

 
 Total deposits

  

  

 29,629,760

  

  

  

 29,082,134

  

  

  

 29,279,774

  

  

  

 28,659,750

  

  

  

 29,046,612

  

 

 
 Common stockholders' equity

  

  

 4,444,134

  

  

  

 4,419,592

  

  

  

 4,460,117

  

  

  

 4,474,479

  

  

  

 4,365,419

  

 

 
 AVERAGE BALANCE SHEET DATA

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Loans

  

 $

 24,339,904

  

  

 $

 23,965,993

  

  

 $

 23,715,763

  

  

 $

 23,425,895

  

  

 $

 23,249,241

  

 

 
 Securities (b)

  

  

 8,285,594

  

  

  

 8,265,682

  

  

  

 8,484,162

  

  

  

 8,383,771

  

  

  

 8,271,777

  

 

 
 Earning assets

  

  

 33,205,847

  

  

  

 32,698,837

  

  

  

 32,598,315

  

  

  

 32,213,632

  

  

  

 32,081,140

  

 

 
 Total assets

  

  

 35,881,537

  

  

  

 35,420,096

  

  

  

 35,227,286

  

  

  

 34,751,209

  

  

  

 34,527,276

  

 

 
 Noninterest-bearing deposits

  

  

 10,104,015

  

  

  

 10,033,006

  

  

  

 10,165,806

  

  

  

 10,121,707

  

  

  

 10,317,446

  

 

 
 Total deposits

  

  

 28,780,937

  

  

  

 28,834,747

  

  

  

 28,816,539

  

  

  

 28,492,076

  

  

  

 28,649,900

  

 

 
 Common stockholders' equity

  

  

 4,420,837

  

  

  

 4,461,827

  

  

  

 4,417,711

  

  

  

 4,368,746

  

  

  

 4,284,279

  

 

 
 COMMON SHARE DATA

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Earnings per share - diluted

  

 $

 1.55

  

  

 $

 0.57

  

  

 $

 1.49

  

  

 $

 1.49

  

  

 $

 1.32

  

 

 
 Cash dividends per share

  

  

 0.50

  

  

  

 0.50

  

  

  

 0.45

  

  

  

 0.45

  

  

  

 0.45

  

 

 
 Book value per share (period-end)

  

  

 55.23

  

  

  

 54.46

  

  

  

 54.22

  

  

  

 52.82

  

  

  

 51.15

  

 

 
 Tangible book value per share (period-end)

  

  

 42.95

  

  

  

 42.26

  

  

  

 42.16

  

  

  

 41.07

  

  

  

 39.46

  

 

 
 Weighted average number of shares - diluted

  

  

 81,485

  

  

  

 82,261

  

  

  

 83,791

  

  

  

 85,453

  

  

  

 85,943

  

 

 
 Period-end number of shares

  

  

 80,471

  

  

  

 81,152

  

  

  

 82,259

  

  

  

 84,711

  

  

  

 85,351

  

 

 
 Market data

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 High sales price

  

 $

 75.25

  

  

 $

 75.43

  

  

 $

 67.10

  

  

 $

 64.66

  

  

 $

 58.24

  

 

 
 Low sales price

  

  

 62.16

  

  

  

 59.97

  

  

  

 54.05

  

  

  

 56.87

  

  

  

 43.90

  

 

 
 Period-end closing price

  

  

 74.72

  

  

  

 63.59

  

  

  

 63.68

  

  

  

 62.61

  

  

  

 57.40

  

 

 
 Trading volume

  

  

 55,444

  

  

  

 53,673

  

  

  

 55,269

  

  

  

 51,077

  

  

  

 43,450

  

 

 
 PERFORMANCE RATIOS

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Return on average assets

  

  

 1.42

 %

  

  

 0.54

 %

  

  

 1.41

 %

  

  

 1.46

 %

  

  

 1.32

 %

 

 
 Return on average common equity

  

  

 11.52

 %

  

  

 4.31

 %

  

  

 11.28

 %

  

  

 11.58

 %

  

  

 10.63

 %

 

 
 Return on average tangible common equity

  

  

 14.84

 %

  

  

 5.54

 %

  

  

 14.55

 %

  

  

 15.00

 %

  

  

 13.71

 %

 

 
 Tangible common equity ratio (c)

  

  

 9.78

 %

  

  

 9.93

 %

  

  

 10.06

 %

  

  

 10.01

 %

  

  

 9.84

 %

 

 
 Net interest margin (TE)

  

  

 3.56

 %

  

  

 3.55

 %

  

  

 3.48

 %

  

  

 3.49

 %

  

  

 3.49

 %

 

 
 Noninterest income as a percentage of total revenue (TE)

  

  

 26.85

 %

  

  

 2.54

 %

  

  

 27.34

 %

  

  

 27.30

 %

  

  

 26.07

 %

 

 
 Efficiency ratio (d)

  

  

 55.31

 %

  

  

 55.43

 %

  

  

 54.93

 %

  

  

 54.10

 %

  

  

 54.91

 %

 

 
 Average loan/deposit ratio

  

  

 84.57

 %

  

  

 83.11

 %

  

  

 82.30

 %

  

  

 82.22

 %

  

  

 81.15

 %

 

 
 Allowance for loan losses as a percentage of period-end loans

  

  

 1.27

 %

  

  

 1.30

 %

  

  

 1.28

 %

  

  

 1.33

 %

  

  

 1.33

 %

 

 
 Allowance for credit losses as a percentage of period-end loans (e)

  

  

 1.42

 %

  

  

 1.43

 %

  

  

 1.43

 %

  

  

 1.45

 %

  

  

 1.45

 %

 

 
 Annualized net charge-offs to average loans

  

  

 0.16

 %

  

  

 0.19

 %

  

  

 0.22

 %

  

  

 0.19

 %

  

  

 0.31

 %

 

 
 Allowance for loan losses as a % of nonaccrual loans

  

  

 274.99

 %

  

  

 274.67

 %

  

  

 287.95

 %

  

  

 276.20

 %

  

  

 329.94

 %

 

 
 FTE headcount

  

  

 3,674

  

  

  

 3,658

  

  

  

 3,627

  

  

  

 3,603

  

  

  

 3,580

  

 

 
 (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.

  

 

 
 (b) Average securities does not include unrealized holding gains/losses on available for sale securities.

  

 

 
 (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets.

  

 

 
 (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items noted above.

  

 

 
 (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments.

  

 

  

 8
 

 
  

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 HANCOCK WHITNEY CORPORATION

  

 

 
 INCOME STATEMENT

  

 

 
 (Unaudited)

  

 

 
  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
  

  

 Three Months Ended

  

  

 Six Months Ended

  

 

 
 (dollars in thousands, except per share data)

  

 6/30/2026

  

  

 3/31/2026

  

  

 6/30/2025

  

  

 6/30/2026

  

  

 6/30/2025

  

 

 
 NET INCOME

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Interest income

  

 $

 412,887

  

  

 $

 401,382

  

  

 $

 402,581

  

  

 $

 814,269

  

  

 $

 797,902

  

 

 
 Interest income (TE) (f)

  

  

 415,100

  

  

  

 403,783

  

  

  

 405,077

  

  

  

 818,883

  

  

  

 803,204

  

 

 
 Interest expense

  

  

 119,875

  

  

  

 116,217

  

  

  

 125,622

  

  

  

 236,092

  

  

  

 251,038

  

 

 
 Net interest income (TE)

  

  

 295,225

  

  

  

 287,566

  

  

  

 279,455

  

  

  

 582,791

  

  

  

 552,166

  

 

 
 Provision for credit losses

  

  

 13,775

  

  

  

 13,172

  

  

  

 14,925

  

  

  

 26,947

  

  

  

 25,387

  

 

 
 Noninterest income

  

  

 108,350

  

  

  

 7,482

  

  

  

 98,524

  

  

  

 115,832

  

  

  

 193,315

  

 

 
 Noninterest expense

  

  

 225,436

  

  

  

 220,748

  

  

  

 215,979

  

  

  

 446,184

  

  

  

 421,038

  

 

 
 Income before income taxes

  

  

 162,151

  

  

  

 58,727

  

  

  

 144,579

  

  

  

 220,878

  

  

  

 293,754

  

 

 
 Income tax expense

  

  

 35,190

  

  

  

 11,305

  

  

  

 31,048

  

  

  

 46,495

  

  

  

 60,719

  

 

 
 Net income

  

 $

 126,961

  

  

 $

 47,422

  

  

 $

 113,531

  

  

 $

 174,383

  

  

 $

 233,035

  

 

 
 Supplemental disclosure items - included above, pre-tax

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Included in noninterest income

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Loss on securities portfolio restructure

  

 $

 —

  

  

 $

 98,595

  

  

 $

 —

  

  

 $

 98,595

  

  

 $

 —

  

 

 
 Included in noninterest expense

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Sabal Trust Company acquisition expense

  

 $

 —

  

  

 $

 —

  

  

 $

 5,911

  

  

 $

 —

  

  

 $

 5,911

  

 

 
 NONINTEREST INCOME

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Service charges on deposit accounts

  

 $

 25,897

  

  

 $

 25,902

  

  

 $

 24,256

  

  

 $

 51,799

  

  

 $

 48,375

  

 

 
 Trust fees

  

  

 26,049

  

  

  

 24,574

  

  

  

 22,753

  

  

  

 50,623

  

  

  

 40,775

  

 

 
 Bank card and ATM fees

  

  

 23,181

  

  

  

 22,126

  

  

  

 22,004

  

  

  

 45,307

  

  

  

 42,718

  

 

 
 Investment and annuity fees and insurance commissions

  

  

 14,617

  

  

  

 12,572

  

  

  

 10,603

  

  

  

 27,189

  

  

  

 22,018

  

 

 
 Secondary mortgage market operations

  

  

 4,065

  

  

  

 3,529

  

  

  

 4,147

  

  

  

 7,594

  

  

  

 7,615

  

 

 
 Securities transactions, net

  

  

 —

  

  

  

 (98,595

 )

  

  

 —

  

  

  

 (98,595

 )

  

  

 —

  

 

 
 Other income

  

  

 14,541

  

  

  

 17,374

  

  

  

 14,761

  

  

  

 31,915

  

  

  

 31,814

  

 

 
 Total noninterest income

  

 $

 108,350

  

  

 $

 7,482

  

  

 $

 98,524

  

  

 $

 115,832

  

  

 $

 193,315

  

 

 
 NONINTEREST EXPENSE

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Personnel expense

  

 $

 130,191

  

  

 $

 127,148

  

  

 $

 116,512

  

  

 $

 257,339

  

  

 $

 230,859

  

 

 
 Net occupancy and equipment expense

  

  

 18,267

  

  

  

 17,286

  

  

  

 18,366

  

  

  

 35,553

  

  

  

 36,037

  

 

 
 Other real estate and foreclosed assets expense (income), net

  

  

 214

  

  

  

 441

  

  

  

 1,181

  

  

  

 655

  

  

  

 2,961

  

 

 
 Other expense

  

  

 74,542

  

  

  

 73,325

  

  

  

 77,396

  

  

  

 147,867

  

  

  

 146,544

  

 

 
 Amortization of intangibles

  

  

 2,222

  

  

  

 2,548

  

  

  

 2,524

  

  

  

 4,770

  

  

  

 4,637

  

 

 
 Total noninterest expense

  

 $

 225,436

  

  

 $

 220,748

  

  

 $

 215,979

  

  

 $

 446,184

  

  

 $

 421,038

  

 

 
 COMMON SHARE DATA

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Earnings per share:

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Basic

  

 $

 1.56

  

  

 $

 0.58

  

  

 $

 1.32

  

  

 $

 2.14

  

  

 $

 2.70

  

 

 
 Diluted

  

  

 1.55

  

  

  

 0.57

  

  

  

 1.32

  

  

  

 2.12

  

  

  

 2.69

  

 

 
  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.

  

 

  
 

 9
 

 
  

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 HANCOCK WHITNEY CORPORATION

  

 

 
 INCOME STATEMENT

  

 

 
 (Unaudited)

  

 

 
  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
  

  

 Three Months Ended

  

 

 
 (dollars in thousands, except per share data)

  

 6/30/2026

  

  

 3/31/2026

  

  

 12/31/2025

  

  

 9/30/2025

  

  

 6/30/2025

  

 

 
 NET INCOME

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Interest income

  

 $

 412,887

  

  

 $

 401,382

  

  

 $

 407,698

  

  

 $

 409,020

  

  

 $

 402,581

  

 

 
 Interest income (TE) (f)

  

  

 415,100

  

  

  

 403,783

  

  

  

 410,203

  

  

  

 411,591

  

  

  

 405,077

  

 

 
 Interest expense

  

  

 119,875

  

  

  

 116,217

  

  

  

 125,528

  

  

  

 129,282

  

  

  

 125,622

  

 

 
 Net interest income (TE)

  

  

 295,225

  

  

  

 287,566

  

  

  

 284,675

  

  

  

 282,309

  

  

  

 279,455

  

 

 
 Provision for credit losses

  

  

 13,775

  

  

  

 13,172

  

  

  

 13,145

  

  

  

 12,651

  

  

  

 14,925

  

 

 
 Noninterest income

  

  

 108,350

  

  

  

 7,482

  

  

  

 107,131

  

  

  

 106,001

  

  

  

 98,524

  

 

 
 Noninterest expense

  

  

 225,436

  

  

  

 220,748

  

  

  

 217,850

  

  

  

 212,753

  

  

  

 215,979

  

 

 
 Income before income taxes

  

  

 162,151

  

  

  

 58,727

  

  

  

 158,306

  

  

  

 160,335

  

  

  

 144,579

  

 

 
 Income tax expense

  

  

 35,190

  

  

  

 11,305

  

  

  

 32,734

  

  

  

 32,869

  

  

  

 31,048

  

 

 
 Net income

  

 $

 126,961

  

  

 $

 47,422

  

  

 $

 125,572

  

  

 $

 127,466

  

  

 $

 113,531

  

 

 
 Supplemental disclosure items - included above, pre-tax

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Included in noninterest income

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Loss on securities portfolio restructure

  

 $

 —

  

  

 $

 98,595

  

  

 $

 —

  

  

 $

 —

  

  

 $

 —

  

 

 
 Included in noninterest expense

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Sabal Trust Company acquisition expense

  

 $

 —

  

  

 $

 —

  

  

 $

 —

  

  

 $

 —

  

  

 $

 5,911

  

 

 
 NONINTEREST INCOME

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Service charges on deposit accounts

  

 $

 25,897

  

  

 $

 25,902

  

  

 $

 25,585

  

  

 $

 25,220

  

  

 $

 24,256

  

 

 
 Trust fees

  

  

 26,049

  

  

  

 24,574

  

  

  

 24,644

  

  

  

 24,211

  

  

  

 22,753

  

 

 
 Bank card and ATM fees

  

  

 23,181

  

  

  

 22,126

  

  

  

 21,603

  

  

  

 21,814

  

  

  

 22,004

  

 

 
 Investment and annuity fees and insurance commissions

  

  

 14,617

  

  

  

 12,572

  

  

  

 12,637

  

  

  

 14,507

  

  

  

 10,603

  

 

 
 Secondary mortgage market operations

  

  

 4,065

  

  

  

 3,529

  

  

  

 3,679

  

  

  

 3,475

  

  

  

 4,147

  

 

 
 Securities transactions, net

  

  

 —

  

  

  

 (98,595

 )

  

  

 (11

 )

  

  

 —

  

  

  

 —

  

 

 
 Other income

  

  

 14,541

  

  

  

 17,374

  

  

  

 18,994

  

  

  

 16,774

  

  

  

 14,761

  

 

 
 Total noninterest income

  

 $

 108,350

  

  

 $

 7,482

  

  

 $

 107,131

  

  

 $

 106,001

  

  

 $

 98,524

  

 

 
 NONINTEREST EXPENSE

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Personnel expense

  

 $

 130,191

  

  

 $

 127,148

  

  

 $

 122,510

  

  

 $

 122,022

  

  

 $

 116,512

  

 

 
 Net occupancy and equipment expense

  

  

 18,267

  

  

  

 17,286

  

  

  

 18,632

  

  

  

 18,222

  

  

  

 18,366

  

 

 
 Other real estate and foreclosed assets expense (income), net

  

  

 214

  

  

  

 441

  

  

  

 467

  

  

  

 (337

 )

  

  

 1,181

  

 

 
 Other expense

  

  

 74,542

  

  

  

 73,325

  

  

  

 73,619

  

  

  

 70,152

  

  

  

 77,396

  

 

 
 Amortization of intangibles

  

  

 2,222

  

  

  

 2,548

  

  

  

 2,622

  

  

  

 2,694

  

  

  

 2,524

  

 

 
 Total noninterest expense

  

 $

 225,436

  

  

 $

 220,748

  

  

 $

 217,850

  

  

 $

 212,753

  

  

 $

 215,979

  

 

 
 COMMON SHARE DATA

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Earnings per share:

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Basic

  

 $

 1.56

  

  

 $

 0.58

  

  

 $

 1.51

  

  

 $

 1.50

  

  

 $

 1.32

  

 

 
 Diluted

  

  

 1.55

  

  

  

 0.57

  

  

  

 1.49

  

  

  

 1.49

  

  

  

 1.32

  

 

 
  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.

  

 

  

 10
 

 
  

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 HANCOCK WHITNEY CORPORATION

  

 

 
 PERIOD-END BALANCE SHEET

  

 

 
 (Unaudited)

  

 

 
  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 (dollars in thousands)

  

 6/30/2026

  

  

 3/31/2026

  

  

 12/31/2025

  

  

 9/30/2025

  

  

 6/30/2025

  

 

 
 ASSETS

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Commercial non-real estate loans

  

 $

 9,961,458

  

  

 $

 9,710,891

  

  

 $

 9,809,011

  

  

 $

 9,680,597

  

  

 $

 9,760,733

  

 

 
 Commercial real estate - owner occupied loans

  

  

 3,353,501

  

  

  

 3,299,867

  

  

  

 3,270,080

  

  

  

 3,279,258

  

  

  

 3,136,182

  

 

 
 Total commercial and industrial loans

  

  

 13,314,959

  

  

  

 13,010,758

  

  

  

 13,079,091

  

  

  

 12,959,855

  

  

  

 12,896,915

  

 

 
 Commercial real estate - income producing loans

  

  

 4,602,813

  

  

  

 4,382,665

  

  

  

 4,283,168

  

  

  

 4,076,643

  

  

  

 3,940,309

  

 

 
 Construction and land development loans

  

  

 1,405,454

  

  

  

 1,320,224

  

  

  

 1,239,086

  

  

  

 1,197,305

  

  

  

 1,219,514

  

 

 
 Residential mortgage loans

  

  

 3,909,076

  

  

  

 3,950,154

  

  

  

 4,016,917

  

  

  

 4,027,600

  

  

  

 4,057,307

  

 

 
 Consumer loans

  

  

 1,347,871

  

  

  

 1,328,039

  

  

  

 1,340,178

  

  

  

 1,335,162

  

  

  

 1,347,705

  

 

 
 Total loans

  

  

 24,580,173

  

  

  

 23,991,840

  

  

  

 23,958,440

  

  

  

 23,596,565

  

  

  

 23,461,750

  

 

 
 Loans held for sale

  

  

 52,850

  

  

  

 63,090

  

  

  

 33,158

  

  

  

 33,161

  

  

  

 30,760

  

 

 
 Securities

  

  

 7,891,359

  

  

  

 8,028,014

  

  

  

 8,094,799

  

  

  

 7,991,281

  

  

  

 7,868,011

  

 

 
 Short-term investments

  

  

 515,082

  

  

  

 223,706

  

  

  

 132,266

  

  

  

 911,313

  

  

  

 604,609

  

 

 
 Earning assets

  

  

 33,039,464

  

  

  

 32,306,650

  

  

  

 32,218,663

  

  

  

 32,532,320

  

  

  

 31,965,130

  

 

 
 Allowance for loan losses

  

  

 (312,608

 )

  

  

 (311,316

 )

  

  

 (307,731

 )

  

  

 (313,636

 )

  

  

 (313,189

 )

 

 
 Goodwill and other intangible assets

  

  

 987,704

  

  

  

 989,927

  

  

  

 992,474

  

  

  

 995,096

  

  

  

 997,790

  

 

 
 Other assets

  

  

 2,631,412

  

  

  

 2,556,865

  

  

  

 2,569,356

  

  

  

 2,552,627

  

  

  

 2,562,921

  

 

 
 Total assets

  

 $

 36,345,972

  

  

 $

 35,542,126

  

  

 $

 35,472,762

  

  

 $

 35,766,407

  

  

 $

 35,212,652

  

 

 
 LIABILITIES

  

  

  

  

  

  

  

  

  

  

  

  

  

  

  

 

 
 Noninterest-bearing deposits

  

 $

 10,336,866

  

  

 $

 10,344,878

  

  

 $

 10,374,991

  

  

 $

 10,305,303

  

  

 $

 10,638,785

  

 

 
 Interest-bearing transaction and savings deposits

  

  

 13,028,481

  

  

  

 12,243,460

  

  

  

 11,982,294

  

  

  

 11,758,885

  

  

  

 11,480,849

  

 

 
 Interest-bearing public fund deposits

  

  

 2,880,337

  

  

  

 2,937,281

  

  

  

 3,217,314

  

  

  

 2,799,957

  

  

  

 2,985,985

  

 

 
 Time deposits

  

  

 3,384,076

  

  

  

 3,556,515

  

  

  

 3,705,175

  

  

  

 3,795,605

  

  

  

 3,940,993

  

 

 
 Total interest-bearing deposits

  

  

 19,292,894

  

  

  

 18,737,256

  

  

  

 18,904,783

  

  

  

 18,354,447

  

  

  

 18,407,827

  

 

 
 Total deposits

  

  

 29,629,760

  

  

  

 29,082,134

  

  

  

 29,279,774

  

  

  

 28,659,7