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Hancock Whitney Corporation - HWC STOCK NEWS

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 (NYSE: HWC) stands as a prominent financial institution with a rich heritage dating back to the late 1800s. The company has consistently embodied core values of honor, integrity, strength, and stability, paired with a commitment to exceptional service, teamwork, and personal responsibility.

From its headquarters, Hancock Whitney operates numerous bank offices and financial centers in Mississippi, Alabama, and Florida. It offers a comprehensive suite of financial products and services, targeting commercial, small business, and retail clients. These services encompass traditional and online banking, with offerings including checking and savings accounts, treasury management services, and an array of secured and unsecured loan products such as revolving credit facilities and letters of credit.

Additionally, Hancock Whitney provides specialized services in energy banking, private banking, trust and investment services, and mortgage solutions. The company also extends its expertise to retirement plans, corporations, and individual clients through its trust and investment management services, ensuring customers have access to top-tier investment advisory and brokerage products.

Hancock Whitney's unwavering dedication to its core values not only fosters a robust financial environment but also underpins its commitment to equal employment opportunities. The company is an equal opportunity/affirmative action employer, ensuring all qualified applicants receive fair consideration regardless of race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability, or other protected statuses.

Hancock Whitney continues to set benchmarks in the financial sector with its latest projects and achievements, bolstering its reputation for strong financial health and partnership-driven success.

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Hancock Whitney (HWC) will release its first quarter 2024 financial results on April 16, 2024, followed by a conference call for analysts and investors. The call will be available via webcast and phone, with an audio archive and replay options provided.
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Hancock Whitney Corporation (HWC) appoints D. Shane Loper as the new President of Hancock Whitney Bank following Joe Exnicios' retirement after 46 years of service. Loper, with 34 years of experience, will focus on bank growth and client service in the Gulf South region.
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Hancock Whitney Corporation (HWC) has declared a regular first quarter 2024 common stock cash dividend of $0.30 per share, continuing its uninterrupted quarterly dividend payments since 1967. The dividend is payable on March 15, 2024, to shareholders of record as of March 5, 2024.
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Hancock Whitney Corporation (Nasdaq: HWC) reported a net income of $50.6 million for the fourth quarter of 2023, down from $97.7 million in the third quarter. Adjusted pre-provision net revenue (PPNR) increased by 3% linked-quarter. Loans declined by 1%, and deposits decreased by 8% linked-quarter. The company's net interest margin (NIM) remained stable at 3.27%. The total allowance for credit losses (ACL) was $336.8 million, up less than 1% from the previous quarter. The company's CET1 ratio is estimated to be 12.39%, up 33 bps linked-quarter.
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Hancock Whitney Corporation (HWC) announces the retirement of Senior Executive Vice President and President of Hancock Whitney Bank, Joseph S. 'Joe' Exnicios, after a 46-year career with the company.
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Hancock Whitney Corporation (Nasdaq: HWC) will announce its fourth-quarter 2023 financial results on Tuesday, January 16, 2024, after the market closes. Management will host a conference call for analysts and investors to review the results. A live listen-only webcast of the call will be available on the company's website. Investors can participate in the Q&A portion of the call by dialing the provided phone numbers. An audio archive and replay of the call will also be available on the company's website.
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Hancock Whitney Corporation (Nasdaq: HWC) has approved a regular fourth quarter 2023 common stock cash dividend of $0.30 per share, payable on December 15, 2023.
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Hancock Whitney Corporation announces financial results for Q3 2023, with net income of $97.7 million. Pre-provision net revenue (PPNR) totaled $153.4 million. Deposits increased by $277 million, and loan growth was $194 million. NIM was 3.27%, down from 3.30% in Q2 2023. CET1 ratio estimated at 12.04%. Management expects low- to mid-single digit loan growth and flat to low single digit deposit growth for 2023.
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Hancock Whitney Corporation will announce Q3 2023 financial results on October 17, 2023. Conference call for analysts and investors at 4:00 p.m. Central Time. Webcast available. Replay available until October 24, 2023.
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Newmark's Global Corporate Services division extends its long-term client service contract with Hancock Whitney Bank, a Forbes' 2023 America's Best Bank, covering facility management, lease administration, accounting, transaction management, and consulting. Newmark will also provide enhanced technology solutions.
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FAQ

What is the current stock price of Hancock Whitney Corporation (HWC)?

The current stock price of Hancock Whitney Corporation (HWC) is $59.52 as of December 2, 2024.

What is the market cap of Hancock Whitney Corporation (HWC)?

The market cap of Hancock Whitney Corporation (HWC) is approximately 5.1B.

What services does Hancock Whitney Corporation offer?

Hancock Whitney provides traditional and online banking, commercial and small business banking, energy banking, private banking, trust and investment services, and mortgage solutions.

Where are Hancock Whitney's locations?

Hancock Whitney operates bank offices and financial centers in Mississippi, Alabama, and Florida.

Is Hancock Whitney an equal opportunity employer?

Yes, Hancock Whitney is an equal opportunity/affirmative action employer, offering fair consideration for all qualified applicants regardless of various protected statuses.

What is the significance of Hancock Whitney's core values?

Hancock Whitney's core values of honor, integrity, strength, stability, service, teamwork, and personal responsibility guide its operations and commitment to clients and employees.

Does Hancock Whitney offer investment advisory services?

Yes, Hancock Whitney provides investment advisory and brokerage products through its trust and investment management services.

What type of loans does Hancock Whitney provide?

Hancock Whitney offers a variety of loan products including secured and unsecured loans, revolving credit facilities, and letters of credit.

Can individuals access Hancock Whitney's services?

Yes, Hancock Whitney provides a wide range of services for individual clients, including banking, investment management, and mortgage services.

What distinguishes Hancock Whitney from other financial institutions?

Hancock Whitney's longstanding heritage, commitment to core values, comprehensive service offerings, and focus on equal opportunity employment set it apart in the financial sector.

Are there online banking options available at Hancock Whitney?

Yes, Hancock Whitney offers comprehensive online banking services alongside its traditional banking options.

How does Hancock Whitney support small businesses?

Hancock Whitney supports small businesses through specialized commercial banking services, including tailored loan products, treasury management services, and more.

Hancock Whitney Corporation

Nasdaq:HWC

HWC Rankings

HWC Stock Data

5.13B
85.08M
0.98%
85%
3.08%
Banks - Regional
State Commercial Banks
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United States of America
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