The earnings call reflects a positive outlook with strong financial performance, strategic acquisitions, and effective deposit management. However, there are challenges in credit quality and fee income that need to be addressed.
Company Guidance
During the Hancock Whitney Corporation's Fourth Quarter 2024 earnings call, the guidance for 2025 reflected several strategic initiatives aimed at bolstering growth and profitability. The company announced a multiyear organic growth plan, including hiring additional revenue-generating associates throughout 2025 and expanding its footprint by opening five new financial center locations in North Dallas. Key financial metrics outlined for 2025 included an expected mid-single-digit growth in total loans, a projected deposit growth in low single digits, and anticipated modest NIM expansion and NII growth of between 3.5% and 4.5%. The company also expects noninterest income to increase by 3.5% to 4.5% and noninterest expenses to rise by 4% to 5%, with an efficiency ratio between 55% and 56%. Additionally, Hancock Whitney highlighted its robust capital position with a common equity Tier 1 ratio of 14.14% and emphasized continued share repurchases in 2025.
Strong Financial Performance
Reported a notable ROA of 1.40% and a common equity Tier 1 ratio of 14.14%. Net income was $122 million or $1.40 per share, up $6 million from the previous quarter.
Acquisition of Sabal Trust Company
Announced the acquisition of Sabal Trust Company, making Florida the largest wealth management fee stake. Expected to enhance market share in high-growth areas.
Deposit Growth and Cost Management
Deposits grew by $510 million despite $183 million in broker deposits maturing. Cost of deposits decreased by 17 basis points to 1.85%.
Loan Growth Strategy
Announced a multiyear organic growth plan with the addition of new bankers. Expecting mid-single-digit loan growth in 2025.
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Hancock Whitney (HWC) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
Jan 21, 2025
$60.74
$59.72
-1.68%
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%
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 Corp (HWC) report earnings?
Hancock Whitney Corp (HWC) is schdueled to report earning on Apr 22, 2025, TBA Not Confirmed.
What is Hancock Whitney Corp (HWC) earnings time?
Hancock Whitney Corp (HWC) earnings time is at Apr 22, 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.