NasdaqGS:HWC

Stock Analysis Report

Executive Summary

Hancock Whitney Corporation operates as the bank holding company for Hancock Whitney Bank that provides a range of banking products and services to commercial, small business, and retail customers.

Snowflake

Fundamentals

Very undervalued with excellent balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Hancock Whitney's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.3%

NasdaqGS:HWC

-1.8%

US Banks

-1.6%

US Market


1 Year Return

-33.4%

NasdaqGS:HWC

-16.1%

US Banks

-3.0%

US Market

HWC underperformed the Banks industry which returned -16.1% over the past year.

HWC underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

HWCIndustryMarket
7 Day-4.3%-1.8%-1.6%
30 Day-15.6%-10.6%-5.8%
90 Day-14.3%-5.0%0.2%
1 Year-31.7%-33.4%-13.7%-16.1%-0.8%-3.0%
3 Year15.5%7.9%37.9%28.5%38.0%29.1%
5 Year18.4%3.5%49.4%33.2%50.8%34.1%

Price Volatility Vs. Market

How volatile is Hancock Whitney's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hancock Whitney undervalued based on future cash flows and its price relative to the stock market?

42%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Hancock Whitney's share price is below the future cash flow value, and at a moderate discount (> 20%).

Hancock Whitney's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Hancock Whitney is good value based on earnings compared to the US Banks industry average.

Hancock Whitney is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Hancock Whitney is good value based on expected growth next year.


Price Based on Value of Assets

Hancock Whitney is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Hancock Whitney expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

9.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Hancock Whitney's revenue is expected to grow by 7.2% yearly, however this is not considered high growth (20% yearly).

Hancock Whitney's earnings are expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).

Hancock Whitney's revenue growth is positive but not above the United States of America market average.

Hancock Whitney's earnings growth is positive but not above the United States of America market average.

Hancock Whitney's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Hancock Whitney will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Hancock Whitney performed over the past 5 years?

19.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hancock Whitney's year on year earnings growth rate has been positive over the past 5 years.

Hancock Whitney's 1-year earnings growth exceeds its 5-year average (35% vs 19.1%)

Hancock Whitney's earnings growth has exceeded the US Banks industry average in the past year (35% vs 33.1%).


Return on Equity

Hancock Whitney has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Hancock Whitney used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Hancock Whitney improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Hancock Whitney's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Hancock Whitney has an acceptable proportion of non-loan assets held.

Hancock Whitney has a low allowance for bad loans.

Hancock Whitney's liabilities are made up of primarily low risk sources of funding.

Hancock Whitney's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Hancock Whitney are broadly funded by customer deposits.

Hancock Whitney has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Hancock Whitney's current dividend yield, its reliability and sustainability?

3.40%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Hancock Whitney before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Hancock Whitney's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Hancock Whitney's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).


Next Steps

  • Explore strong dividend paying companies in the Banks industry.

Management

What is the CEO of Hancock Whitney's salary, the management and board of directors tenure and is there insider trading?

8.2yrs

Average management tenure


CEO

John Hairston (55yo)

11.6yrs

Tenure

US$3,696,113

Compensation

Mr. John M. Hairston has been the Chief Executive Officer of Hancock Whitney Corporation (formerly, Hancock Holding Company) since 2008 and has been its President since November 13, 2014. Mr. Hairston serv ...


CEO Compensation Analysis

John's remuneration is about average for companies of similar size in United States of America.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

8.2yrs

Average Tenure

59yo

Average Age

The average tenure for the Hancock Whitney management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

11.8yrs

Average Tenure

62.5yo

Average Age

The average tenure for the Hancock Whitney board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Hancock Whitney individual insiders have only sold shares in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellUS$45,23514 Jun 19
Joanie Teofilo
EntityIndividual
Shares1,150
Max PriceUS$39.34
BuyUS$62,11523 Oct 18
Cecil Knight
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Banking Officer
Shares1,500
Max PriceUS$41.41

Ownership Breakdown


Management Team

  • John Hairston (55yo)

    President

    • Tenure: 11.6yrs
    • Compensation: US$3.70m
  • Joe Exnicios (63yo)

    Senior Executive Vice President

    • Tenure: 8.6yrs
    • Compensation: US$1.60m
  • Mike Achary (59yo)

    Senior EVP & CFO

    • Tenure: 12.4yrs
    • Compensation: US$1.55m
  • D. Loper (53yo)

    Senior EVP & COO

    • Tenure: 4.8yrs
    • Compensation: US$1.52m
  • David Lundgren

    Chief Investment Officer

    • Tenure: 3.0yrs
  • Joy Phillips (64yo)

    Executive VP

    • Tenure: 20.6yrs
  • Stephen Barker (63yo)

    Executive VP & Chief Accounting Officer

    • Tenure: 8.0yrs
  • Cindy Collins

    Chief Compliance Officer

    • Tenure: 0.0yrs
  • Trisha Carlson

    Executive VP & Investor Relations Manager

    • Tenure: 8.2yrs
  • Chip Knight (55yo)

    Executive VP & Chief Banking Officer

    • Tenure: 3.1yrs
    • Compensation: US$1.16m

Board Members

  • Robert Roseberry (68yo)

    Director

    • Tenure: 18.6yrs
    • Compensation: US$102.77k
  • John Hairston (55yo)

    President

    • Tenure: 11.6yrs
    • Compensation: US$3.70m
  • Frank Bertucci (62yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$116.77k
  • James Horne (66yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$119.15k
  • Christine Pickering (58yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$127.86k
  • Carleton Wilkins (55yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$103.77k
  • Randy Hanna (61yo)

    Director

    • Tenure: 9.9yrs
    • Compensation: US$102.77k
  • Tom Olinde (64yo)

    Director

    • Tenure: 9.9yrs
    • Compensation: US$109.77k
  • Jerry Levens (63yo)

    Chairman

    • Tenure: 0.6yrs
    • Compensation: US$134.52k
  • Hardy Fowler (68yo)

    Director

    • Tenure: 8.2yrs
    • Compensation: US$128.82k

Company Information

Hancock Whitney Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hancock Whitney Corporation
  • Ticker: HWC
  • Exchange: NasdaqGS
  • Founded: 1883
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.950b
  • Shares outstanding: 85.77m
  • Website: https://www.hancockwhitney.com

Number of Employees


Location

  • Hancock Whitney Corporation
  • Hancock Whitney Plaza
  • 2510 14th Street
  • Gulfport
  • Mississippi
  • 39501
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HWCNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDJun 1991
HH1DB (Deutsche Boerse AG)YesCommon SharesDEEURJun 1991

Biography

Hancock Whitney Corporation operates as the bank holding company for Hancock Whitney Bank that provides a range of banking products and services to commercial, small business, and retail customers. The com ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:36
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.