10-K · February 27, 2026
Hancock Whitney reports a $35.5 billion balance sheet at December 31, 2025 with $24.0 billion of loans and $29.3 billion of deposits, while executing on organic growth and selective M&A (May 2025 Sabal Trust acquisition…
Earnings analysis · 10-Q
HWC earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Hancock Whitney Corporation reported a disappointing Q1 2026, posting revenues of $292.6 million, significantly below estimates of $391.1 million. The adjusted diluted EPS improved to $1.52, outperforming expectations…
Read full summary
Hancock Whitney Corporation reported a disappointing Q1 2026, posting revenues of $292.6 million, significantly below estimates of $391.1 million. The adjusted diluted EPS improved to $1.52, outperforming expectations of $1.49, despite a net income reduction to $47.4 million, impacted by a $98.6 million loss from a securities restructuring. Management is guiding for mid-single digit loan and low-single digit deposit growth for the year.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.52
What stood out
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Adjusted EPS Exceeds Estimate
HWC reported adjusted diluted EPS of $1.52, beating estimates of $1.49, reflecting strong operational management.
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Expanded Net Interest Margin
Net interest margin improved to 3.55%, up 7 bps from the previous quarter, driven by the restructuring of the securities portfolio.
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Capital Deployment Strategy
The company repurchased 1.4 million shares during this quarter, aiming to enhance shareholder value despite low immediate returns.
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Reduction in Net Charge-Offs
Annualized net charge-offs decreased to 0.19%, down from 0.22% in the prior quarter, indicating stable credit quality.
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Efficiency Ratio Improvement
Efficiency ratio remained effective at 55.43%, slightly worse compared to the prior quarter but demonstrating controlled expenses.
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Stable Allowance for Credit Losses
Allowance for credit losses remained stable at 1.43% of total loans, reflecting sound asset quality management.
What to watch
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Significant Securities Restructuring Loss
A pre-tax loss of $98.6 million from the securities portfolio restructuring impacted overall net income significantly.
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Declining Total Revenue
Reported revenue of $292.6 million was a drop of 25% compared to previous quarter's $389.3 million.
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Credit Quality Concerns
Overall economic uncertainties and geopolitical risks could negatively impact allowances for credit losses and net charge-offs.
Management's outlook
Management expects mid-single digit loan growth and low-single digit deposit growth for 2026.
Earlier filings 4
10-Q · August 7, 2025
Hancock Whitney Corporation's Q2 2025 results show a modest decline in revenue year-over-year while maintaining profitable margins and an increase in diluted EPS. Despite a slight year-over-year revenue decrease, they…
10-Q · May 9, 2025
Hancock Whitney reported Q1 2025 core revenue of $364.7M and diluted EPS of $1.38, both up year-over-year. Net interest income climbed modestly while noninterest income and pre‑tax income improved; however, operating…
10-Q · August 7, 2024
Hancock Whitney reported Q2 2024 revenue (net interest income + noninterest income) of $359,604,000, up $2.5M (+0.7%) year-over-year and up $5.6M (+1.6%) sequentially. Net income was $114,557,000 and diluted EPS was…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.