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Hancock Whitney ( (HWC) ) just unveiled an update.
Hancock Whitney Corporation reported a third-quarter net income of $115.6 million, or $1.33 per diluted share, marking a slight increase from the previous quarter. The company saw a decrease in loans and deposits, while criticized commercial loans rose. Noninterest income grew by 8%, and the efficiency ratio improved. With solid capital ratios and ongoing profitability efforts, Hancock Whitney continues to demonstrate financial strength and stability as it celebrates its 125th anniversary.
For an in-depth examination of HWC stock, go to TipRanks’ Stock Analysis page.