Welcome to our dedicated page for Hancock Whitney Corporation news (Ticker: HWC), a resource for investors and traders seeking the latest updates and insights on Hancock Whitney Corporation stock.
Hancock Whitney Corporation (HWC) provides investors and financial professionals with timely updates through its centralized news hub. As a regional banking leader with over a century of service across Mississippi, Alabama, and Florida, HWC delivers comprehensive financial solutions ranging from commercial lending to digital banking innovations.
This resource aggregates essential updates including earnings reports, strategic initiatives, and regulatory filings. Users gain efficient access to verified information supporting informed analysis of HWC's market position and operational developments.
The news collection covers key areas such as merger activity, leadership changes, product launches, and community investment programs. Content is curated to address both institutional priorities and retail shareholder interests.
Bookmark this page for streamlined tracking of HWC's financial performance and corporate announcements. Regular updates ensure stakeholders maintain current perspectives on this established regional banking institution.
Hancock Whitney (Nasdaq: HWC) shareholders have elected Albert J. Williams, a former Chevron executive, to its board of directors during the annual shareholder meeting on April 23, 2025. Williams served as Chevron's Vice President of Corporate Affairs from March 2021 through February 2025, overseeing government affairs, public affairs, reputation, and social investment performance.
Williams brings over 30 years of experience at Chevron, including roles as President of Chevron Pipeline Company, Managing Director of Chevron Australia, and various positions in operations, finance, and strategy across the U.S. and international markets. He holds a BS in electrical engineering from Mississippi State University and an MBA from Tulane University.
Hancock Whitney (Nasdaq: HWC) has declared its regular second quarter 2025 common stock cash dividend of $0.45 per share. The dividend will be paid on June 16, 2025, to shareholders of record as of June 5, 2025. Notably, the company has maintained an uninterrupted quarterly dividend payment history since 1967, demonstrating a long-standing commitment to shareholder returns.
Hancock Whitney (HWC) reported Q1 2025 financial results with net income of $119.5 million, or $1.38 per diluted share, compared to $122.1 million ($1.40 EPS) in Q4 2024. Key metrics include:
- Total loans decreased to $23.1 billion, down $201.3 million (3% LQA)
- Deposits declined to $29.2 billion, down $298.1 million (4% LQA)
- Net interest margin improved to 3.43%, up 2 bps
- Efficiency ratio at 55.22% vs 54.46% in prior quarter
- CET1 ratio estimated at 14.51%, up 37 bps
The bank maintained strong asset quality with ACL coverage at 1.49%. During Q1, the company repurchased 350,000 shares at an average price of $59.25. Management expects 2025 period-end loan and deposit balances to grow low-single digits from year-end 2024.
Hancock Whitney (HWC) has received all regulatory approvals for its subsidiary Hancock Whitney Bank to acquire Sabal Trust Company, a non-depository trust company based in St. Petersburg, Florida. The acquisition, initially announced on January 21, 2025, is expected to close on May 2, 2025, subject to remaining customary closing conditions.
Sabal Trust Company reported revenues of $22.1 million for the year ending December 31, 2024, and managed approximately $3 billion in assets under management as of the same date.
Hancock Whitney (HWC) has scheduled its first quarter 2025 financial results announcement for Tuesday, April 15, 2025, after market close. The company will host a conference call for analysts and investors at 3:30 p.m. Central Time on the same day.
Interested parties can access the live webcast through the Investor Relations section of Hancock Whitney's website. For those wishing to participate in the Q&A session, dial-in numbers are provided: 800-715-9871 or 646-307-1963 (access code: 6506941). A replay will be available through April 22, 2025, accessible via 800-770-2030 or 609-800-9909 (access code: 6506941).
Hancock Whitney (HWC) reported Q4 2024 net income of $122.1 million, or $1.40 per diluted share, up from $115.6 million ($1.33 EPS) in Q3 2024. Key highlights include:
- Total loans decreased to $23.3 billion, down $156.1 million (3% linked-quarter annualized)
- Deposits increased by $509.9 million to $29.5 billion (7% linked-quarter annualized)
- Net interest margin improved to 3.41%, up 2 basis points
- Efficiency ratio at 54.46%
- CET1 ratio estimated at 14.14%, with total risk-based capital ratio near 16%
The company repurchased 150,000 shares at an average price of $52.50 during Q4 2024. Management expects 2025 period-end loan balances to grow mid-single digits and deposits to increase low-single digits from year-end 2024 levels.
Hancock Whitney (HWC) has announced that its bank subsidiary will acquire Sabal Trust Company, a non-depository trust company based in St. Petersburg, Florida. The strategic acquisition aims to expand Hancock Whitney's wealth and asset management presence in the high-growth Florida market, particularly in the Tampa and Orlando metropolitan areas.
Sabal Trust Company generated revenues of $22.1 million in 2024 and managed approximately $3 billion in assets as of December 31, 2024. The transaction is expected to close in Q2 2025, subject to regulatory approvals. While financial terms weren't disclosed, the acquisition is projected to be immediately accretive to GAAP EPS (excluding one-time costs) and meets the company's minimum thresholds for Internal Rate of Return and Return on Invested Capital.
Hancock Whitney (Nasdaq: HWC) has scheduled its fourth quarter 2024 financial results announcement for Tuesday, January 21, 2025, after market close. The company will host a conference call at 3:30 p.m. Central Time on the same day for analysts and investors to review the results.
A live listen-only webcast will be available on the company's investor relations website. For those wanting to participate in the Q&A session, dial-in numbers are provided. An audio archive and replay will be accessible through January 28, 2025.
Hancock Whitney (Nasdaq: HWC) has announced a new stock buyback program authorized by its Board of Directors. The program allows the company to repurchase up to 5% of outstanding common stock as of December 31, 2024. This new initiative will replace the current buyback program expiring December 31, 2024. The new program will be effective from January 1, 2025 through December 31, 2026. Shares may be repurchased through various methods including open market, block purchases, accelerated share repurchase plans, or private negotiations, subject to market conditions and SEC regulations. The Board retains the right to terminate or amend the program before its expiration.
Hancock Whitney (Nasdaq: HWC) has appointed Moses Feagin to its board of directors, effective November 15, 2024. Feagin, currently Executive Vice President, Treasurer, and CFO of Alabama Power, brings 35 years of utility industry experience to the financial institution. He oversees finance, accounting, treasury, and regulatory affairs at Alabama Power, a Southern Company subsidiary. The appointment comes as Hancock Whitney, rated among America's strongest financial institutions by BauerFinancial, Inc., celebrates its 125th anniversary.
