Hancock Whitney Corporation

Latest Results (20.11.2025):

Hancock Whitney Corporation reported results for the third quarter of 2025, posting net income of $127.5 million and diluted EPS of $1.49 (up from $113.5 million and $1.32 in 2Q25). The quarter showed stable NIM, improved efficiency and capital ratios, modest loan growth and deposit declines, and continued solid credit metrics with ACL coverage steady at 1.45%.

Profitability

Net income $127.5M; EPS $1.49 in 3Q25 (vs $113.5M, $1.32 in 2Q25 and $115.6M, $1.33 in 3Q24). Return on assets (ROA) was 1.46% for the quarter.

Revenue Mix

Adjusted pre-provision net revenue (PPNR) was $175.6M, up 5% linked-quarter. Net interest income (tax-equivalent) was $282.3M (+1% q/q) and noninterest income rose 8% to $106.0M, driven by higher annuity/investment fees, trust fees (Sabal Trust acquisition), and other fee gains.

Margin

Net interest margin (TE) held steady at 3.49% (flat linked-quarter) as slight improvements in securities yields and loan mix were offset by higher other borrowings costs.

Balance Sheet — Loans & Deposits

Total loans were $23.6B at 9/30/25, up $134.8M (about 1% linked-quarter). Total deposits were $28.7B, down $386.9M (1% linked-quarter); noninterest DDAs declined while interest-bearing transaction/savings balances rose.

Credit Quality

Allowance for credit losses was $341.5M (ACL/period-end loans 1.45%, unchanged q/q). Provision for credit losses was $12.7M; net charge-offs $11.4M (annualized 0.19%). Nonaccrual loans increased to $113.6M (0.48% of loans); criticized commercial loans moderated.

Expenses & Efficiency

Noninterest expense was $212.8M, down 1% q/q (no supplemental acquisition-related charges this quarter). Personnel expense rose modestly; efficiency ratio improved to 54.10% (improved 81 bps q/q).

Capital & Share Repurchase

Common equity $4.5B at 9/30/25. CET1 estimated 14.08% (+11 bps q/q); tangible common equity (TCE) 10.01% (+17 bps); total risk-based capital 15.91% (+9 bps). Repurchased 662,500 shares in 3Q25 at an average $60.45 under an ongoing buyback program.

Outlook / Management Remarks

Management expects low-single digit loan growth for 2025 and period-end deposits up low-single digits vs 12/31/24. CEO highlighted stable margins, improved efficiency and continued execution on organic growth plans.