Declared Dividend • May 20
First quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 5th June 2026 Payment date: 15th June 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (38% payout ratio) and is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next year, which should provide support to the dividend and adequate earnings cover. Annuncio • May 03
Hancock Whitney Corporation Approves Regular Cash Dividend for the Second Quarter of 2026, Payable on June 15, 2026 Hancock Whitney Corporation announced that the company’s board of directors approved a regular second quarter of 2026 common stock cash dividend of $0.50 per common share. The second quarter common stock cash dividend is payable June 15, 2026 to shareholders of record as of June 5, 2026. Annuncio • Apr 23
Hancock Whitney Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2026 Hancock Whitney Corporation reported net charge offs for the first quarter ended March 31, 2026. There were $11.1 million of net charge-offs in the first quarter of 2026, or 0.19% of average total loans on an annualized basis, compared to net charge-offs of $13.0 million, or 0.22% of average total loans in the fourth quarter of 2025. Annuncio • Mar 25
Hancock Whitney Corporation to Report Q1, 2026 Results on Apr 21, 2026 Hancock Whitney Corporation announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 21, 2026 Annuncio • Mar 18
Hancock Whitney Corporation, Annual General Meeting, Apr 29, 2026 Hancock Whitney Corporation, Annual General Meeting, Apr 29, 2026. Annuncio • Jan 30
Hancock Whitney Corporation Approves Regular Cash Dividend for the First Quarter 2026, Payable on March 16, 2026 Hancock Whitney Corporation announced that at its January meeting, the company’s board of directors approved a regular first quarter 2026 common stock cash dividend of $0.50 per common share, an increase of $0.05 per common share, or 11.1%. The first quarter common stock cash dividend is payable March 16, 2026 to shareholders of record as of March 5, 2026. Annuncio • Jan 09
Hancock Whitney Corporation Appoints Devon Bray As Director Of Business Banking And Small Business Administration Hancock Whitney Corporation has said that Devon Bray had recently joined the company as the new director of Business Banking and Small Business Administration (SBA). In her new role, Bray leads and collaborates across the organisation to develop a cohesive business banking strategy, strengthening client relationships and expediting digital capabilities. Bray, who has over 20 years of experience in financial services, will report directly to Hancock Whitney chief banking officer Emory Mayfield. Bray, who joined Hancock Whitney as executive vice president, has previously held senior leadership roles at Union Bank and U.S. Bank, where she led small business programs and regional small business banking initiatives. Annuncio • Jan 06
Hancock Whitney Corporation Appoints Emory Mayfield as Chief Banking Officer Hancock Whitney Corporation appointed Emory Mayfield, a seasoned bank executive with more than two decades of bank leadership and industry experience, as the new Chief Banking Officer (CBO). Through various business executives reporting to him, Mayfield is now responsible for the bank’s core lines of business such as corporate, middle market, commercial and business banking; mortgage banking; and retail banking. Mayfield will report directly to Chief Operating Officer and President of Hancock Whitney Bank D. Shane Loper. Mayfield joined Hancock Whitney Corporation in 2013 as market president for the Tallahassee, Florida region. He later served as Mississippi Regional President, and most recently served as the Chief Consumer Banking Officer since 2022. Prior to joining Hancock Whitney, Mayfield spent more than 10 years as a senior vice president for Capital City Bank and as a public finance associate with Fannie Mae in Washington, D.C. Annuncio • Dec 30
Hancock Whitney Corporation to Report Q4, 2025 Results on Jan 20, 2026 Hancock Whitney Corporation announced that they will report Q4, 2025 results After-Market on Jan 20, 2026 Annuncio • Nov 18
Hancock Whitney Appoints Mary Elizabeth Stringer as Director of Government Affairs Executive leadership at Hancock Whitney recently announced that Mary Elizabeth Stringer has joined the company as the Director of Government Affairs, a new role focused on helping the bank develop and execute a comprehensive governmental affairs strategy that aligns with business priorities and facilitates strong engagement across the organization’s multi-state footprint. As Director of Government Affairs, Stringer will work to build and maintain relationships with elected officials and other key stakeholders; oversee the formation and governance of the company’s Political Action Committee (PAC), including compliance, education, and fundraising; monitor legislation and elections to identify business opportunities and risks; guide policy positions and advocacy efforts; and serve as a key point of contact for elected officials. Based in Gulfport, Stringer has spent the last several years in Washington, D.C., as Director of the State Association Alliance for the American Bankers Association (ABA). She served as the ABA liaison with 52 state banking associations—the 50 states, Washington, D.C., and Puerto Rico—to advance banking industry priorities at the state and federal levels. Prior to her role at ABA, she began her Washington career in the office of Mississippi Senator Roger Wicker and went on to lead government advocacy and grassroots efforts at Advocacy Associates, representing multiple clients from across the financial, healthcare, and agriculture industries. Stringer holds a Bachelor of Science degree in business administration from Mississippi College and a Master of Professional Studies degree in public relations and corporate communications from Georgetown University. She is a native of Tylertown, Mississippi. Annuncio • Oct 24
Hancock Whitney Corporation Announces Quarterly Dividend, Payable on December 15, 2025 Hancock Whitney Corporation announced that the company’s board of directors approved a regular fourth quarter 2025 common stock cash dividend of $0.45 per share. The regular quarterly common stock cash dividend is payable December 15, 2025 to shareholders of record as of December 5, 2025. Annuncio • Oct 15
Hancock Whitney Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025 Hancock Whitney Corporation reported net charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported net charge-offs of $11,430,000 against $18,027,000 a year ago. Annuncio • Sep 24
Hancock Whitney Corporation to Report Q3, 2025 Results on Oct 14, 2025 Hancock Whitney Corporation announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 14, 2025 Annuncio • Jul 25
Hancock Whitney Corporation Announces Quarterly Dividend, Payable on September 15, 2025 Hancock Whitney Corporation announced that the company’s board of directors approved a regular third quarter 2025 common stock cash dividend of $0.45 per share. The regular quarterly common stock cash dividend is payable September 15, 2025 to shareholders of record as of September 5, 2025. Annuncio • Jun 24
Hancock Whitney Corporation to Report Q2, 2025 Results on Jul 15, 2025 Hancock Whitney Corporation announced that they will report Q2, 2025 results After-Market on Jul 15, 2025 Annuncio • Apr 16
Hancock Whitney Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2025 Hancock Whitney Corporation reported net charge offs for the first quarter ended March 31, 2025. For the quarter, there were $10.3 million of net charge-offs in the first quarter of 2025, or 0.18% of average total loans on an annualized basis, compared to net charge-offs of $11.7 million, or 0.20% of average total loans in the fourth quarter of 2024. Annuncio • Mar 26
Hancock Whitney Corporation to Report Q1, 2025 Results on Apr 15, 2025 Hancock Whitney Corporation announced that they will report Q1, 2025 results After-Market on Apr 15, 2025 Annuncio • Mar 12
Hancock Whitney Corporation, Annual General Meeting, Apr 23, 2025 Hancock Whitney Corporation, Annual General Meeting, Apr 23, 2025. Annuncio • Jan 31
Hancock Whitney Corporation Approves Regular Dividend for First Quarter 2025, Payable on March 17, 2025 Hancock Whitney Corporation announced that at its January meeting, the Company’s Board of Directors approved a regular first quarter 2025 common stock cash dividend of $0.45 per common share, an increase of $0.05 per common share, or 12.5%. The first quarter dividend is payable on March 17, 2025 to shareholders of record as of March 5, 2025. Annuncio • Jan 22
Hancock Whitney Corporation Reports Unaudited Net Charge-Offs for the Fourth Quarter Ended December 31, 2024 Hancock Whitney Corporation reported unaudited net charge-offs for the fourth quarter ended December 31, 2024. There were $11.7 million of net charge-offs in the fourth quarter of 2024, or 0.20% of average total loans on an annualized basis, compared to net charge-offs of $18.0 million, or 0.30% of average total loans in the third quarter of 2024. Annuncio • Dec 30
Hancock Whitney Corporation to Report Q4, 2024 Results on Jan 21, 2025 Hancock Whitney Corporation announced that they will report Q4, 2024 results After-Market on Jan 21, 2025 Recent Insider Transactions • Nov 12
President recently sold €992k worth of stock On the 7th of November, John Hairston sold around 18k shares on-market at roughly €55.11 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €56.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 34% over the past three years. Declared Dividend • Nov 04
Third quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 5th December 2024 Payment date: 16th December 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (31% payout ratio) and is expected to be well covered in 3 years' time (31% forecast payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Oct 30
Hancock Whitney Corporation Appoints Moses Feagin to Its Board, Effective November 15, 2024 Hancock Whitney Corporation has appointed Alabama Power executive Moses Feagin to become the newest member of the boards of directors of Hancock Whitney, effective November 15, 2024. Feagin currently serves as Executive Vice President, Treasurer, and Chief Financial Officer for Alabama Power in Birmingham, Alabama, a subsidiary of the Atlanta, Georgia, based Southern Company. At Alabama Power, he oversees the finance, accounting, and treasury departments as well as regulatory affairs. More about Moses Feagin Feagin began his Southern Company career in 1987 at Alabama Power as a junior accountant, rising over the next 12 years to positions of increased responsibility and leadership to become Alabama Power’s accounting operations manager. In 2000, he moved to Southern Company Services as a generation accounting manager, where he led the effort to establish the Southern Power Company accounting and budget organization. He was elected Comptroller of Mississippi Power in 2005 and Vice President and Comptroller of Alabama Power in 2008. He became the Chief Financial Officer for Mississippi Power in 2010 and the Chief Financial Officer for Alabama Power in 2023. A Montgomery, Alabama, native, Feagin holds a bachelor’s degree in accounting from The University of Alabama. The Certified Management Accountant completed the Executive Finance and Accounting Program at Wharton School at the University of Pennsylvania. He is a graduate of Leadership Birmingham and Leadership Gulf Coast and a member of the Institute of Management of Accountants and 100 Black Men of America. Annuncio • Oct 25
Hancock Whitney Corporation Announces Dividend for Regular Fourth Quarter 2024, Payable December 16, 2024 Hancock Whitney Corporation announced that the company’s board of directors approved a regular fourth quarter 2024 common stock cash dividend of $0.40 per share. The regular quarterly common stock cash dividend is payable December 16, 2024 to shareholders of record as of December 5, 2024. Recent Insider Transactions • Oct 23
Senior EVP recently sold €408k worth of stock On the 18th of October, Michael Achary sold around 8k shares on-market at roughly €48.39 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Annuncio • Oct 18
Hancock Whitney Corporation Reports Unaudited Net Charge-Offs for the Third Quarter Ended September 30, 2024 Hancock Whitney Corporation reported unaudited net charge-offs for the third quarter ended September 30, 2024. For the quarter, the company reported net charge-offs of $18,027,000 against $38,250,000 a year ago. Reported Earnings • Oct 16
Third quarter 2024 earnings released: EPS: US$1.33 (vs US$1.12 in 3Q 2023) Third quarter 2024 results: EPS: US$1.33 (up from US$1.12 in 3Q 2023). Revenue: US$349.1m (up 7.3% from 3Q 2023). Net income: US$114.8m (up 19% from 3Q 2023). Profit margin: 33% (up from 30% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Annuncio • Sep 24
Hancock Whitney Corporation to Report Q3, 2024 Results on Oct 15, 2024 Hancock Whitney Corporation announced that they will report Q3, 2024 results After-Market on Oct 15, 2024 Upcoming Dividend • Aug 29
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 05 September 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.5%). Annuncio • Aug 23
Hancock Whitney Bank Chief Legal Officer Joy Lambert Phillips to Retire on September 6, 2024 Hancock Whitney Senior Executive Vice President and Chief Legal Officer Joy Lambert Phillips recently announced she will retire from the company on September 6, 2024. Phillips has provided legal counsel in the financial services industry for almost 40 years. She joined Hancock Bank in April 1999 as General Counsel and served as Corporate Secretary. She was integral to the success of the Hancock Bank and Whitney National Bank merger in 2011. She also served on the Hancock Whitney Capital Committee, the senior-most internal management forum responsible for the company’s strategic vision, design, and governance. In May 2022, she became Hancock Whitney’s first Chief Legal Officer. Appointed by the Mississippi Supreme Court as co-chair of the Mississippi Bar Access to Justice Commission — which strives to improve access to justice in civil legal proceedings for Mississippi’s poor — she received the 2010 Chief Justice Award for her faithful service to that commission. Additionally, her work to address the unmet legal needs of low-income communities earned her the 2013 Mississippi Center for Justice “Champion of Justice” award. More about Joy Phillips: From 2005-2006, Phillips served as president of the Mississippi Bar during the association’s centennial year, the first woman and the first in-house counsel to serve as president in the Mississippi Bar’s first 100 years. She is also a board member and past president of the American Counsel Association and a Mississippi state delegate to the American Bar Association House of Delegates. She is a Fellow of the Mississippi Bar Foundation, the American Bar Foundation, and the American College of Real Estate Lawyers; and she is a member and past chair of the Mississippi Bankers Association Bank Attorney Committee and the American Bankers Association General Counsel Committee. The Mississippi Women Lawyers Association honored Phillips, a past president of that organization, with the group’s esteemed Lifetime Achievement Award in 2020 for her outstanding contributions to the legal profession, having named her Outstanding Woman Lawyer of the Year 16 years earlier. Phillips earned a Bachelor of Arts degree and Juris Doctor, with honors, from The University of Mississippi and graduated from the prestigious Graduate School of Banking at Louisiana State University with highest honors. Having received the Law Alumna of the Year award in 2011 from the Law Alumni Chapter of The University of Mississippi Alumni Association, she was an inductee of The University of Mississippi Law 2020 Alumni Hall of Fame. Phillips is a former board member of the Mississippi Volunteer Lawyer Project and was also appointed by the governor to the Mississippi Civil Rights Museum Advisory Committee. She also co-authored a chapter in “Foreclosure Law in Mississippi,” published by The University of Mississippi, and was the first editor of “A Guide to Women’s Legal Rights in Mississippi,” published by the Mississippi Bar Young Lawyers Division Women in Law Committee. She is past chair of the Gulf Coast Community Foundation Board of Directors and a member of the Gulfport Kiwanis Club. Declared Dividend • Aug 05
Second quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 5th September 2024 Payment date: 16th September 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (30% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next year, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 26
Hancock Whitney Corporation Announces Cash Dividend for Third Quarter 2024, Payable on September 16, 2024 Hancock Whitney Corporation announced that the company’s board of directors approved a regular third quarter 2024 common stock cash dividend of $0.40 per share. The regular quarterly common stock cash dividend is payable September 16, 2024 to shareholders of record as of September 5, 2024. Reported Earnings • Jul 17
Second quarter 2024 earnings released: EPS: US$1.31 (vs US$1.35 in 2Q 2023) Second quarter 2024 results: EPS: US$1.31 (down from US$1.35 in 2Q 2023). Revenue: US$350.9m (flat on 2Q 2023). Net income: US$114.6m (down 1.7% from 2Q 2023). Profit margin: 33% (in line with 2Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annuncio • Jul 17
Hancock Whitney Corporation Reports Net Charge Offs for the Second Quarter Ended June 30, 2024 Hancock Whitney Corporation reported net charge offs for the second quarter ended June 30, 2024. For the quarter, the company reported net charge offs of $7,285,000 against $3,376,000 a year ago. Annuncio • Jun 26
Hancock Whitney Corporation to Report Q2, 2024 Results on Jul 16, 2024 Hancock Whitney Corporation announced that they will report Q2, 2024 results After-Market on Jul 16, 2024 Upcoming Dividend • May 29
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 05 June 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.3%). Reported Earnings • May 11
First quarter 2024 earnings released: EPS: US$1.25 (vs US$1.45 in 1Q 2023) First quarter 2024 results: EPS: US$1.25 (down from US$1.45 in 1Q 2023). Revenue: US$339.5m (down 5.1% from 1Q 2023). Net income: US$107.8m (down 14% from 1Q 2023). Profit margin: 32% (down from 35% in 1Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 06
First quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 5th June 2024 Payment date: 14th June 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (28% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.5% over the next year, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 27
Hancock Whitney Corporation Approves Cash Dividend for the Second Quarter of 2024, Payable on June 14, 2024 Hancock Whitney Corporation announced that at its April meeting, the company’s board of directors (the board) approved a regular second quarter 2024 common stock cash dividend of $0.40 per common share, an increase of $0.10 per common share, or 33%. The second quarter dividend is payable on June 14, 2024 to shareholders of record as of June 5, 2024. Annuncio • Apr 17
Hancock Whitney Corporation Reports Net Charge Offs for the First Quarter Ended March 31, 2024 Hancock Whitney Corporation reported net charge offs for the first quarter ended March 31, 2024. For the quarter, the company reported net charge offs of $9.0 million. Reported Earnings • Apr 17
First quarter 2024 earnings released: EPS: US$1.25 (vs US$1.45 in 1Q 2023) First quarter 2024 results: EPS: US$1.25 (down from US$1.45 in 1Q 2023). Revenue: US$341.1m (down 4.7% from 1Q 2023). Net income: US$108.6m (down 13% from 1Q 2023). Profit margin: 32% (down from 35% in 1Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year. Annuncio • Mar 27
Hancock Whitney Corporation to Report Q1, 2024 Results on Apr 16, 2024 Hancock Whitney Corporation announced that they will report Q1, 2024 results After-Market on Apr 16, 2024 Annuncio • Mar 13
Hancock Whitney Corporation, Annual General Meeting, Apr 24, 2024 Hancock Whitney Corporation, Annual General Meeting, Apr 24, 2024, at 11:00 Central Standard Time. Agenda: To elect four directors to serve until the 2027 annual meeting; to approve, on an advisory basis, the compensation of named executive officers; and to ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2024. Reported Earnings • Mar 04
Full year 2023 earnings released: EPS: US$4.51 (vs US$6.00 in FY 2022) Full year 2023 results: EPS: US$4.51 (down from US$6.00 in FY 2022). Revenue: US$1.32b (down 6.0% from FY 2022). Net income: US$388.6m (down 25% from FY 2022). Profit margin: 29% (down from 37% in FY 2022). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 3.34% (up from 3.26% in FY 2022). Cost-to-income ratio: 55.3% (up from 52.9% in FY 2022). Non-performing loans: 0.35% (up from 0.18% in FY 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 26
Upcoming dividend of US$0.30 per share Eligible shareholders must have bought the stock before 04 March 2024. Payment date: 15 March 2024. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.7%). Declared Dividend • Feb 05
Fourth quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 4th March 2024 Payment date: 15th March 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (27% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jan 26
Hancock Whitney Corporation Announces Cash Dividend for the First Quarter 2024, Payable March 15, 2024 Hancock Whitney Corporation announced that the company’s board of directors approved a regular first quarter 2024 common stock cash dividend of $0.30 per share. The regular quarterly common stock cash dividend is payable March 15, 2024 to shareholders of record as of March 5, 2024. Recent Insider Transactions • Jan 24
Senior Executive Vice President recently sold €596k worth of stock On the 22nd of January, Joseph Exnicios sold around 14k shares on-market at roughly €42.80 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.4m more than they bought in the last 12 months. Reported Earnings • Jan 17
Full year 2023 earnings released: EPS: US$4.51 (vs US$6.00 in FY 2022) Full year 2023 results: EPS: US$4.51 (down from US$6.00 in FY 2022). Revenue: US$1.33b (down 5.6% from FY 2022). Net income: US$392.6m (down 24% from FY 2022). Profit margin: 30% (down from 37% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annuncio • Dec 27
Hancock Whitney Corporation to Report Q4, 2023 Results on Jan 16, 2024 Hancock Whitney Corporation announced that they will report Q4, 2023 results After-Market on Jan 16, 2024 Upcoming Dividend • Nov 27
Upcoming dividend of US$0.30 per share at 2.9% yield Eligible shareholders must have bought the stock before 04 December 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.4%). Annuncio • Oct 27
Hancock Whitney Corporation Announces Cash Dividend for the Fourth Quarter 2023, Payable December 15, 2023 Hancock Whitney Corporation announced that the company’s board of directors approved a regular fourth quarter 2023 common stock cash dividend of $0.30 per share. The regular quarterly common stock cash dividend is payable December 15, 2023 to shareholders of record as of December 5, 2023. Annuncio • Oct 18
Hancock Whitney Corporation Announces Net Charge-Offs for the Third Quarter of 2023 Hancock Whitney Corporation announced net charge-offs for the third quarter of 2023. The company announced that there were $38.3 million of net charge-offs in the third quarter of 2023, or 0.64% of average total loans on an annualized basis, compared to net charge-offs of $3.4 million, or 0.06% of average total loans in the second quarter of 2023. Reported Earnings • Oct 18
Third quarter 2023 earnings released: EPS: US$1.12 (vs US$1.56 in 3Q 2022) Third quarter 2023 results: EPS: US$1.12 (down from US$1.56 in 3Q 2022). Revenue: US$326.7m (down 10% from 3Q 2022). Net income: US$97.7m (down 27% from 3Q 2022). Profit margin: 30% (down from 37% in 3Q 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 27
Hancock Whitney Corporation to Report Q3, 2023 Results on Oct 17, 2023 Hancock Whitney Corporation announced that they will report Q3, 2023 results After-Market on Oct 17, 2023 Upcoming Dividend • Aug 25
Upcoming dividend of US$0.30 per share at 2.9% yield Eligible shareholders must have bought the stock before 01 September 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.1%). Recent Insider Transactions • Aug 03
President recently sold €939k worth of stock On the 31st of July, John Hairston sold around 24k shares on-market at roughly €39.93 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. New Risk • Jul 24
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €461k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€461k sold). Recent Insider Transactions • Jul 24
Senior EVP recently sold €461k worth of stock On the 21st of July, Michael Achary sold around 12k shares on-market at roughly €37.87 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Michael has been a net seller over the last 12 months, reducing personal holdings by €568k. New Risk • Jul 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 19
Second quarter 2023 earnings released: EPS: US$1.35 (vs US$1.39 in 2Q 2022) Second quarter 2023 results: EPS: US$1.35 (down from US$1.39 in 2Q 2022). Revenue: US$349.5m (up 2.8% from 2Q 2022). Net income: US$116.6m (down 2.5% from 2Q 2022). Profit margin: 33% (down from 35% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 4.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 28
Hancock Whitney Corporation to Report Q2, 2023 Results on Jul 18, 2023 Hancock Whitney Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 18, 2023 Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €40.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 109% over the past three years. Upcoming Dividend • May 26
Upcoming dividend of US$0.30 per share at 3.2% yield Eligible shareholders must have bought the stock before 02 June 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.2%). Recent Insider Transactions • Apr 27
Insider recently bought €91k worth of stock On the 21st of April, Sonia Perez bought around 3k shares on-market at roughly €33.28 per share. This transaction increased Sonia Perez's direct individual holding by 27x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.9m more in shares than they bought in the last 12 months. Reported Earnings • Apr 20
First quarter 2023 earnings released: EPS: US$1.45 (vs US$1.40 in 1Q 2022) First quarter 2023 results: EPS: US$1.45 (up from US$1.40 in 1Q 2022). Revenue: US$359.3m (up 7.8% from 1Q 2022). Net income: US$125.1m (up 2.9% from 1Q 2022). Profit margin: 35% (down from 37% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €37.00, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 152% over the past three years. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: US$6.00 (vs US$5.23 in FY 2021) Full year 2022 results: EPS: US$6.00 (up from US$5.23 in FY 2021). Revenue: US$1.41b (up 2.8% from FY 2021). Net income: US$516.5m (up 14% from FY 2021). Profit margin: 37% (up from 33% in FY 2021). The increase in margin was primarily driven by higher revenue. Net interest margin (NIM): 3.26% (up from 2.95% in FY 2021). Cost-to-income ratio: 52.9% (down from 57.3% in FY 2021). Non-performing loans: 0.18% (down from 0.28% in FY 2021). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 24
Upcoming dividend of US$0.30 per share at 2.5% yield Eligible shareholders must have bought the stock before 03 March 2023. Payment date: 15 March 2023. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.5%). Recent Insider Transactions • Feb 02
Executive VP & Chief Banking Officer recently sold €308k worth of stock On the 30th of January, Cecil Knight sold around 7k shares on-market at roughly €46.12 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.8m more than they bought in the last 12 months. Annuncio • Jan 27
Hancock Whitney Corporation Approves Regular First Quarter 2023 Common Stock Cash Dividend, Payable on March 15, 2023 Hancock Whitney Corporation announced that at its January meeting, the Company’s Board of Directors approved a regular first quarter 2023 common stock cash dividend of $0.30 per common share, an increase of $0.03 per common share, or 11%. The first quarter dividend is payable on March 15, 2023 to shareholders of record as of March 6, 2023. Reported Earnings • Jan 19
Full year 2022 earnings released Full year 2022 results: Revenue: US$1.41b (up 2.8% from FY 2021). Net income: US$524.1m (up 15% from FY 2021). Profit margin: 37% (up from 33% in FY 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Annuncio • Dec 28
Hancock Whitney Corporation to Report Q4, 2022 Results on Jan 17, 2023 Hancock Whitney Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Jan 17, 2023 Upcoming Dividend • Nov 25
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 02 December 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.3%). Recent Insider Transactions • Nov 16
Senior Executive Vice President recently sold €141k worth of stock On the 7th of November, Joseph Exnicios sold around 3k shares on-market at roughly €55.58 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.8m more than they bought in the last 12 months. Recent Insider Transactions • Nov 10
Senior Executive Vice President recently sold €141k worth of stock On the 7th of November, Joseph Exnicios sold around 3k shares on-market at roughly €55.58 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.8m more than they bought in the last 12 months. Annuncio • Oct 28
Hancock Whitney Corporation Announces Quarterly Dividend, Payable on December 15, 2022 Hancock Whitney Corporation announced that the company’s board of directors approved a regular fourth quarter 2022 common stock cash dividend of $0.27 per share. The regular quarterly common stock cash dividend is payable December 15, 2022 to shareholders of record as of December 5, 2022. Recent Insider Transactions • Oct 26
Senior EVP recently sold €107k worth of stock On the 21st of October, Michael Achary sold around 2k shares on-market at roughly €52.43 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: US$1.56 (vs US$1.46 in 3Q 2021) Third quarter 2022 results: EPS: US$1.56 (up from US$1.46 in 3Q 2021). Revenue: US$364.2m (up 2.9% from 3Q 2021). Net income: US$133.4m (up 4.9% from 3Q 2021). Profit margin: 37% (in line with 3Q 2021). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 28
Hancock Whitney Corporation to Report Q3, 2022 Results on Oct 18, 2022 Hancock Whitney Corporation announced that they will report Q3, 2022 results After-Market on Oct 18, 2022 Upcoming Dividend • Aug 26
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 02 September 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.5%). Recent Insider Transactions • Aug 04
Executive VP & Chief Banking Officer recently sold €60k worth of stock On the 1st of August, Cecil Knight sold around 1k shares on-market at roughly €47.93 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.2m. Insiders have been net sellers, collectively disposing of €2.2m more than they bought in the last 12 months. Annuncio • Jul 29
Hancock Whitney Corporation Approves Regular Third Quarter 2022 Common Stock Cash Dividend, Payable on September 15, 2022 Hancock Whitney Corporation announced that the company’s board of directors approved a regular third quarter 2022 common stock cash dividend of $0.27 per share. The regular quarterly common stock cash dividend is payable September 15, 2022 to shareholders of record as of September 6, 2022. Recent Insider Transactions • Jul 26
President recently sold €1.2m worth of stock On the 22nd of July, John Hairston sold around 26k shares on-market at roughly €46.13 per share. This was the largest sale by an insider in the last 3 months. John has been a seller over the last 12 months, reducing personal holdings by €1.9m. Reported Earnings • Jul 21
Second quarter 2022 earnings released: EPS: US$1.39 (vs US$1.00 in 2Q 2021) Second quarter 2022 results: EPS: US$1.39 (up from US$1.00 in 2Q 2021). Revenue: US$341.1m (down 1.1% from 2Q 2021). Net income: US$119.6m (up 38% from 2Q 2021). Profit margin: 35% (up from 25% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 4.1%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 29
Hancock Whitney Corporation to Report Q2, 2022 Results on Jul 19, 2022 Hancock Whitney Corporation announced that they will report Q2, 2022 results After-Market on Jul 19, 2022 Annuncio • Jun 26
Hancock Whitney Corporation(NasdaqGS:HWC) dropped from Russell 2000 Dynamic Index Hancock Whitney Corporation(NasdaqGS:HWC) dropped from Russell 2000 Dynamic Index Upcoming Dividend • May 27
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 03 June 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (6.4%). Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$1.40 (vs US$1.21 in 1Q 2021) First quarter 2022 results: EPS: US$1.40 (up from US$1.21 in 1Q 2021). Revenue: US$333.4m (up 2.4% from 1Q 2021). Net income: US$121.6m (up 16% from 1Q 2021). Profit margin: 37% (up from 32% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 21
First quarter 2022 earnings released: EPS: US$1.40 (vs US$1.21 in 1Q 2021) First quarter 2022 results: EPS: US$1.40 (up from US$1.21 in 1Q 2021). Revenue: US$334.4m (up 2.7% from 1Q 2021). Net income: US$121.6m (up 16% from 1Q 2021). Profit margin: 36% (up from 32% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Over the next year, revenue is forecast to stay flat compared to a 8.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 31
Hancock Whitney Corporation to Report Q1, 2022 Results on Apr 19, 2022 Hancock Whitney Corporation announced that they will report Q1, 2022 results After-Market on Apr 19, 2022 Upcoming Dividend • Feb 24
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 03 March 2022. Payment date: 15 March 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (4.8%). Annuncio • Feb 18
Hancock Whitney Appoints Eric Obeck as Chief Commercial Officer Eric Obeck has been hired by Hancock Whitney as chief commercial banking officer. Obeck previously managed all lines of business in Florida, Alabama, Tennessee and Mississippi as the senior regional president for Hancock Whitney. He had been in that role for 14 years and recently served as the chair of the board of Tampa-based BayCare Health. In the new position, Obeck is to oversee all wholesale and specialty lines of business for Hancock Whitney. Annuncio • Jan 29
Hancock Whitney Corporation Announces Non Re-Election of Robert W. Roseberry to Board of Director Hancock Whitney Corporation announced on January 26, 2022, Robert W. Roseberry advised the Company’s Corporate Secretary that he would not seek re-election to the Board of Directors (the “Board”) of company at the next annual shareholders’ meeting. Mr. Roseberry’s decision is for personal reasons and is not a result of any disagreement with the Company. On January 27, 2022, the Board voted to eliminate the seat for which Mr. Roseberry would otherwise be nominated for election at the 2022 annual meeting of shareholders. Annuncio • Jan 28
Hancock Whitney Corporation Announces Quarterly Dividend, Payable on March 15, 2022 Hancock Whitney Corporation announced that the company’s board of directors approved a regular first quarter 2022 common stock cash dividend of $0.27 per share. The regular quarterly common stock cash dividend is payable March 15, 2022 to shareholders of record as of March 4, 2022.