Hancock Whitney Corporation

Latest Results (16.05.2026):

Hancock Whitney Corporation — fourth quarter of 2025: Net income was $125.6 million ($1.49 diluted EPS), roughly flat with the prior quarter and up versus the fourth quarter of 2024. The quarter featured modest margin compression (NIM 3.48%), continued loan and deposit growth, stable credit metrics with ACL coverage of 1.43%, an efficiency ratio near 55%, and active capital returned via a large share repurchase that exhausted the existing program and prompted a new authorization for 2026.

Profitability

Net income $125.6M; diluted EPS $1.49 (Q3 2025: $127.5M / $1.49; Q4 2024: $122.1M / $1.40). ROA was 1.41%; adjusted pre-provision net revenue (PPNR) was $174.0M (slightly below prior quarter $175.6M).

Balance-sheet growth

Total loans $24.0B (up $362M; 6% linked-quarter annualized) driven by healthcare, ICRE and equipment finance. Total deposits $29.3B (up $620M; 9% LQA), aided by seasonal public funds and competitive pricing on interest-bearing transaction/savings accounts.

Net interest income & margin

Net interest income (TE) $284.7M, up 1% quarter-over-quarter. Net interest margin (TE) 3.48%, down 1 basis point; lower loan yields (-10 bps) were partially offset by higher securities yield (+2 bps) and lower cost of funds (-7 bps).

Asset quality

Total ACL $341.7M (ACL / period-end loans 1.43%, slightly down from 1.45%). Q4 provision for credit losses $13.1M; net charge-offs $13.0M (0.22% annualized). Criticized commercial loans and nonaccrual loans decreased quarter-over-quarter.

Capital & shareholder returns

Common equity $4.46B; estimated CET1 13.66% (down 43 bps); tangible common equity ratio 10.06% (up 5 bps). Repurchased 2,543,700 shares at an average $57.62, exhausting the then-authorized program; board approved a new buyback through 12/31/2026 authorizing up to 4,112,966 shares.

Expenses & efficiency

Noninterest expense $217.9M (up $5.1M, +2% linked-quarter). Efficiency ratio 54.93% (vs. 54.10% prior quarter). Other expenses rose primarily due to higher advertising, data processing and professional services.

Noninterest income mix

Noninterest income $107.1M (up $1.1M q/q). Fee income trends mixed: service charges and trust fees up modestly, bank card fees slightly down, investment/annuity income and insurance fees declined due to lower annuity sales; other noninterest income benefited from higher SBIC income.

2026 expectations

Management expects period-end loans to be up mid-single digits and period-end deposits to be up low-single digits from December 31, 2025. Management also cited a bond portfolio restructuring completed in the quarter as part of margin enhancement efforts.