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Hancock Whitney Corporation (HWC)
NASDAQ:HWC
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Earnings Data
Report Date
Jan 21, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.28Last Year’s EPS
1.26Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 16, 2018
|% Change Since: 10.65%
|Next Earnings Date:Jul 17, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong profitability, capital growth, and fee income performance, while facing challenges in loan and deposit declines and increased criticized loans.Company Guidance
In the third quarter earnings call of Hancock Whitney Corporation (HWC), the company reported an ROA of 1.32% and a NIM expansion to 3.39%, showcasing strong profitability and efficiency. Net income reached $116 million or $1.33 per share, with PPNR growing by 10% to $167 million, translating to a peer-leading ROAA of 1.92%. Despite a $450 million reduction in loans, driven by a $250 million decrease in SNC exposure, the company maintained solid credit quality with a reserve of 1.46% and an increase in criticized loans. Capital metrics remained robust, with TCE at 9.56% and a common equity Tier 1 ratio of 13.79%. The company modestly adjusted its fourth-quarter guidance, hinting at continued NIM expansion despite anticipated rate cuts, and plans to focus on organic growth and strategic recruitment to bolster future performance.Improved Profitability and Efficiency
Achieved an ROA of 1.32% with NIM expansion and fee income growth. Operating expenses were lower quarter-over-quarter.
Strong Capital Ratios
Continued growth in capital ratios, with a TCE of 9.56% and a CET1 ratio of 13.79%.
Fee Income Growth
Fee income increased by 8% from the previous quarter, with higher investment, annuity fees, and service charges.
Successful Reduction in SNC Exposure
Achieved peer levels of SNC exposure a year ahead of schedule, reducing potential future headwinds.
Record Quarter for SBA Volumes
Achieved a record quarter for SBA lending volumes and associated fee income.
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HWC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HWC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 15, 2024 | $53.41 | $52.96 | -0.84% |
| Jul 16, 2024 | $52.92 | $53.76 | +1.59% |
| Apr 16, 2024 | $41.04 | $41.68 | +1.56% |
| Jan 16, 2024 | $43.04 | $43.24 | +0.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hancock Whitney Corporation (HWC) report earnings?
Hancock Whitney Corporation (HWC) is schdueled to report earning on Jan 21, 2025, TBA Not Confirmed.
What is Hancock Whitney Corporation (HWC) earnings time?
Hancock Whitney Corporation (HWC) earnings time is at Jan 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HWC EPS forecast?
HWC EPS forecast for the fiscal quarter 2024 (Q4) is 1.28.
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