HANCOCK WHITNEY CORP
Business
Hancock Whitney Corporation is a bank holding company providing comprehensive financial services through its Mississippi state bank subsidiary and nonbank affiliates. The company offers commercial, small business and retail banking services including deposit products, treasury management, secured and unsecured loans, trust and investment management services, equipment financing and leasing, and insurance and brokerage products. Operating through 180 banking locations across southern and central Mississippi, Alabama, Louisiana, Florida, Texas, and Tennessee/Georgia metropolitan areas, the company focuses on relationship-based community banking with regional product sophistication.
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Loans, including fees | 1,356 | 1,452 | 1,379 | 941 | 826 | |
| Loans held for sale | 2 | 2 | 2 | 2 | 3 | |
| Securities-taxable | 221 | 194 | 189 | 167 | 131 | |
| Securities-tax exempt | 16 | 18 | 19 | 19 | 19 | |
| Short-term investments | 21 | 27 | 31 | 9 | 4 | |
| Total interest income | 1,615 | 1,693 | 1,620 | 1,137 | 982 | |
| Deposits | 470 | 574 | 444 | 58 | 26 | |
| Short-term borrowings | 24 | 24 | 67 | 16 | 6 | |
| Long-term debt | 12 | 12 | 12 | 12 | 17 | |
| Total interest expense | 506 | 611 | 523 | 87 | — | |
| Net interest income | 1,109 | 1,082 | 1,098 | 1,050 | 933 | |
| Provision for credit losses | 51 | 52 | 59 | −28 | — | |
| Net interest income after provision for credit losses | 1,058 | 1,030 | 1,038 | 1,078 | 1,011 | |
| Securities transactions, net | −11,000 | 0 | −65 | −87,000 | 333,000 | |
| Other income | 68 | 60 | 71 | 54 | 75 | |
| Total noninterest income | 406 | 364 | 288 | 331 | 364 | |
| Compensation expense | 386 | 381 | 376 | 378 | 379 | |
| Employee benefits | 90 | 89 | 85 | 82 | 104 | |
| Personnel expense | 475 | 469 | 461 | 461 | 482 | |
| Net occupancy expense | 56 | 54 | 52 | 49 | 50 | |
| Equipment expense | 17 | 17 | 19 | 19 | 18 | |
| Data processing expense | 127 | 122 | 118 | 104 | 97 | |
| Professional services expense | 57 | 42 | 38 | 36 | 49 | |
| Amortization of intangibles | 10 | 9 | 12 | 14 | 17 | |
| Deposit insurance and regulatory fees | 18 | 24 | 50 | 15 | 14 | |
| Other real estate and foreclosed assets expense (income) | 3 | −2 | −624,000 | −4 | −210,000 | |
| Other expense | 88 | 84 | 89 | 58 | 81 | |
| Total noninterest expense | 852 | 820 | 837 | 751 | 807 | |
| Income before income taxes | 612 | 574 | 490 | 659 | 568 | |
| Income tax expense | 126 | 113 | 98 | 135 | 105 | |
| Net income | 486 | 461 | 393 | 524 | 463 | |
| Earnings per common share - basic | 5.7 | 5.3 | 4.51 | 6 | 5.23 | |
| Earnings per common share - diluted | 5.67 | 5.28 | 4.5 | 5.98 | 5.22 | |
| Dividends paid per share | 1.8 | 1.5 | 1.2 | 1.08 | 1.08 | |
| Weighted average shares outstanding - basic | 85 | 86 | 86 | 86 | 87 | |
| Weighted average shares outstanding - diluted | 85 | 87 | 86 | 86 | 87 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and due from banks | 563 | 575 | 561 | 564 | 401 | |
| Interest-bearing bank deposits | 132 | 939 | 627 | 323 | 3,830 | |
| Federal funds sold | 229,000 | 409,000 | 436,000 | 728,000 | 458,000 | |
| Securities available for sale, at fair value (amortized cost of $6,341,322 and $5,774,133) | 5,962 | 5,161 | 4,915 | 5,556 | 6,987 | |
| Securities held to maturity (fair value of $2,011,026 and $2,233,526) | 2,133 | 2,436 | 2,685 | 2,852 | 1,566 | |
| Loans held for sale (includes $33,158 and $18,929 measured at fair value) | 33 | 22 | 26 | 26 | 93 | |
| Loans | 23,958 | 23,299 | 23,922 | — | — | |
| Less: allowance for loan losses | −308 | −319 | −308 | −308 | −342 | |
| Loans, net | 23,651 | 22,981 | 23,614 | 22,806 | 20,792 | |
| Property and equipment, net of accumulated depreciation of $370,818 and $345,962 | 261 | 280 | 302 | 329 | 350 | |
| Right of use assets, net of accumulated amortization of $73,527 and $67,063 | 102 | 99 | 106 | 97 | 102 | |
| Prepaid expense | 59 | 46 | 45 | 45 | 39 | |
| Other real estate and foreclosed assets, net | 15 | 28 | 4 | 2 | 8 | |
| Accrued interest receivable | 139 | 143 | 157 | 132 | 97 | |
| Goodwill | 925 | 856 | 856 | 856 | 856 | |
| Other intangible assets, net | 67 | 35 | 45 | 56 | 70 | |
| Life insurance contracts | 799 | 775 | 749 | 730 | 665 | |
| Funded pension assets, net | 292 | 260 | 217 | 217 | 228 | |
| Deferred tax asset, net | 56 | 147 | 153 | 211 | — | |
| Other assets | 284 | 301 | 517 | 380 | 448 | |
| Total assets | 35,473 | 35,082 | 35,579 | 35,184 | 36,531 | |
| Noninterest-bearing | 10,375 | 10,597 | 11,031 | 13,645 | 14,393 | |
| Interest-bearing | 18,905 | 18,895 | 18,660 | 15,425 | 16,073 | |
| Total deposits | 29,280 | 29,493 | 29,690 | 29,070 | 30,466 | |
| Short-term borrowings | 1,017 | 639 | 1,155 | 1,871 | 1,665 | |
| Long-term debt | 199 | 211 | 236 | 242 | 244 | |
| Accrued interest payable | 14 | 20 | 45 | 10 | 3 | |
| Lease liabilities | 122 | 118 | 126 | 116 | 122 | |
| Other liabilities | 380 | 474 | 523 | 531 | 341 | |
| Total liabilities | 31,013 | 30,954 | 31,775 | 31,841 | 32,861 | |
| Common stock | 310 | 310 | 310 | 310 | 310 | |
| Capital surplus | 1,491 | 1,720 | 1,740 | 1,717 | 1,756 | |
| Retained earnings | 3,036 | 2,705 | 2,376 | 2,088 | 1,659 | |
| Accumulated other comprehensive loss, net | −376 | −606 | −621 | −772 | −54 | |
| Total stockholders' equity | 4,460 | 4,128 | 3,804 | 3,343 | 3,670 | |
| Total liabilities and stockholders' equity | 35,473 | 35,082 | 35,579 | 35,184 | 36,531 | |
| Preferred shares authorized (par value of $20.00 per share) | 50 | 50 | 50 | 50 | 50 | |
| Common shares authorized (par value of $3.33 per share) | 350 | 350 | 350 | 350 | 350 | |
| Common shares issued | 93 | 93 | 93 | 93 | 93 | |
| Common shares outstanding | 82 | 86 | 86 | 86 | 87 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 27 | 32 | 35 | 32 | 29 | |
| Gain on other real estate and foreclosed assets | −761,000 | −2 | −967,000 | −4 | −2 | |
| Deferred tax expense | 23 | 4 | 14 | −22 | 10 | |
| Increase in cash surrender value of life insurance contracts | −25 | −27 | −18 | −7 | −24 | |
| (Gain) loss on disposal or impairment of assets | 294,000 | −1 | −16 | 259,000 | 14 | |
| Loss on sale of securities available for sale | 11,000 | 0 | 65 | 87,000 | −333,000 | |
| Net (increase) decrease in loans held for sale | −11 | 5 | −25 | 61 | 41 | |
| Net amortization of securities premium/discount | 13 | 14 | 16 | 35 | 50 | |
| Stock-based compensation expense | 24 | 23 | 25 | 23 | 22 | |
| Net change in derivative collateral liability | −36 | −5 | 58 | 65 | 63 | |
| Increase (decrease) in interest payable and other liabilities | −16 | −17 | 49 | 7 | 21 | |
| (Increase) decrease in other assets | −6 | 85 | −161 | 176 | −21 | |
| Other, net | 620,000 | −6 | −10 | −34 | −25 | |
| Net cash provided by operating activities | 542 | 626 | 495 | 842 | 586 | |
| Proceeds from sales of securities available for sale | 229 | 0 | 977 | 73 | 199 | |
| Proceeds from maturities of securities available for sale | 453 | 454 | 813 | 503 | 1,073 | |
| Purchases of securities available for sale | −1,238 | −750 | −1,045 | −636 | −2,527 | |
| Proceeds from maturities of securities held to maturity | 294 | 239 | 163 | 148 | 117 | |
| Purchases of securities held to maturity | — | 0 | −6 | −884 | −338 | |
| Proceeds received (made) to terminate hedge instruments | 2 | −14 | 16 | — | — | |
| Net redemptions (purchases) of Federal Home Loan Bank stock | −17 | 135 | −68 | −12 | 53 | |
| Net (increase) decrease in short-term investments | 807 | −313 | −303 | 3,507 | −2,497 | |
| Proceeds from sales of loans and leases | 111 | 119 | 115 | 31 | 22 | |
| Net (increase) decrease in loans | −848 | 407 | −968 | −2,089 | 671 | |
| Net cash paid in business acquisition | −112 | — | — | — | — | |
| Purchases of property and equipment | −19 | −10 | −25 | −29 | −24 | |
| Proceeds from sales of property | — | 6 | 33 | 62,000 | 2 | |
| Proceeds from sales of other real estate and foreclosed assets | 28 | 2 | 4 | 14 | 16 | |
| Other, net | −5 | −698,000 | −2 | 11 | 40 | |
| Net cash provided by (used in) investing activities | −314 | 275 | −295 | 662 | −3,225 | |
| Net increase (decrease) in deposits | −213 | −197 | 620 | −1,396 | 2,768 | |
| Net increase (decrease) in short-term borrowings | 378 | −516 | −716 | 206 | −2 | |
| Dividends paid | −154 | −131 | −105 | −94 | −96 | |
| Payroll tax remitted on net share settlement of equity awards | −8 | −9 | −6 | −7 | −7 | |
| Other repurchases of common stock | −247 | −38 | 0 | −59 | −22 | |
| Proceeds from dividend reinvestment and stock purchase plan | 4 | 4 | 4 | 4 | 4 | |
| Net cash used in financing activities | −239 | −887 | −203 | −1,341 | 2,514 | |
| NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS | −12 | 14 | −3 | 163 | −125 | |
| Income taxes paid (net of refunds received) | 103 | 66 | 102 | 135 | 123 | |
| Interest paid | 511 | 636 | 488 | 80 | 50 | |
| Assets acquired in settlement of loans | 18 | 28 | 4 | 596,000 | 3 |
Filings
Material Events
Insiders
Institutional Holders
Holdings (13F)
Portfolio as of 2026-03-31 · 1,333 positions
Top sectors
| Sector | Value | % of portfolio |
|---|---|---|
| Uncategorized | $6.00B | 100.0% |
Top holdings
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|---|---|---|---|---|
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| MICROSOFT CORP | — | 426.5K | $168.90M | 2.8% |
| NVIDIA CORPORATION | — | 822.1K | $162.70M | 2.7% |
| ALPHABET INC | — | 422.8K | $156.59M | 2.6% |
| AMAZON COM INC | — | 444.5K | $115.82M | 1.9% |
| ISHARES TR | — | 1.13M | $107.45M | 1.8% |
| JPMORGAN CHASE & CO | — | 327.6K | $99.27M | 1.6% |
| BROADCOM INC | — | 224.4K | $92.10M | 1.5% |
Frequently asked questions
What is HANCOCK WHITNEY CORP's CIK number?
HANCOCK WHITNEY CORP's SEC CIK number is 0000750577 (750577). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find HANCOCK WHITNEY CORP's SEC filings?
All of HANCOCK WHITNEY CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did HANCOCK WHITNEY CORP last report earnings?
HANCOCK WHITNEY CORP (HWC) most recently filed an earnings 8-K with the SEC on Apr 21, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-166705). This is HANCOCK WHITNEY CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is HANCOCK WHITNEY CORP's most recent earnings 8-K?
HANCOCK WHITNEY CORP's latest earnings 8-K (Item 2.02) was filed Apr 21, 2026 under accession 0001193125-26-166705. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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