Quarterly ResultJul 21, 2026, 04:07 PM
Hancock Whitney Q2 EPS $1.55; Net Income $127M; Loans +10% LQA
AI Summary
Hancock Whitney Corporation announced strong financial results for the second quarter of 2026, with net income reaching $127.0 million, or $1.55 per diluted share, a significant increase from the previous quarter. The company reported robust organic growth with loans up 10% and deposits up 8% on a linked-quarter annualized basis. Asset quality remained solid, and the company also announced the acquisition of One Florida Bank, expected to close on August 1.
Key Highlights
- Net income totaled $127.0 million, up from $47.4 million in Q1 2026.
- Diluted EPS was $1.55, compared to $0.57 in the prior quarter.
- Loans increased $588 million, or 10% linked-quarter annualized (LQA).
- Deposits increased $548 million, or 8% LQA.
- Net Interest Margin (NIM) was 3.56%, up 1 basis point from Q1 2026.
- Efficiency ratio improved to 55.31% from 55.43% in the prior quarter.
- Criticized commercial loans decreased by $30.2 million to $492.0 million.
- Company repurchased 712,966 shares at an average price of $68.28 per share.
Price Impact
More from HWC