Hancock Whitney: Fourth Quarter Earnings Overview

Hancock Whitney Corporation Announces Q4 Financial Results

Gulfport, Mississippi — Hancock Whitney Corporation has released its financial results for the fourth quarter, reporting a net income of $125.6 million.

The bank, headquartered in Gulfport, stated that its earnings amounted to $1.49 per share.

These figures surpassed the expectations of Wall Street analysts, as a consensus of five experts polled by Zacks Investment Research had projected earnings of $1.48 per share.

As the parent company of Whitney Bank and Hancock Bank, Hancock Whitney reported total revenue of $514.8 million for the quarter. After accounting for interest expenses, net revenue stood at $389.3 million, aligning with analyst forecasts.

For the entire year, Hancock Whitney achieved a profit of $486.1 million, translating to $5.67 per share, with total revenue reaching $1.52 billion.

Financial data for this article was compiled using information from Zacks Investment Research and processed by Automated Insights.