A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
HANCOCK WHITNEY CORP
HWC
$6.5B
Mkt Cap
$76.20
+0.69%
HANCOCK WHITNEY CORP (HWC) has a current P/E ratio of 13.4, compared to its historical median P/E of 10.1. The stock is currently considered Fair based on its historical valuation range.
HANCOCK WHITNEY CORP (HWC) has a 5-year average return on invested capital (ROIC) of 11.6%. This indicates solid capital allocation.
HANCOCK WHITNEY CORP (HWC) has a market capitalization of $6.2B. It is classified as a mid-cap stock.
Yes, HANCOCK WHITNEY CORP (HWC) pays a dividend with a trailing twelve-month yield of 2.53%. The company also returns capital through share buybacks, with a buyback yield of 5.19%.
Based on historical P/E analysis, HANCOCK WHITNEY CORP (HWC) appears fair. The current P/E of 13.4 is 33% above its historical median of 10.1. The estimated fair value CAGR (P/E method) is 18.7%.
HANCOCK WHITNEY CORP (HWC) operates in the State Commercial Banks industry, within the Financials sector.
HANCOCK WHITNEY CORP (HWC) reported annual revenue of $2.0 billion in its most recent fiscal year, based on SEC EDGAR filings.
Hancock Whitney is a regional bank that generates revenue through traditional lending, deposit-taking, and fee-based services across commercial, consumer, and wealth management segments. The bank operates a relationship-focused business model centered on full-relationship clients, with particular emphasis on commercial real estate, healthcare real estate, equipment finance, asset-based lending, and business banking for privately owned businesses. The company pursues organic growth through selective hiring of revenue-producing bankers and financial advisors, targeting improved loan yields and relationship revenue through more granular, full-relationship lending rather than transactional volume. Deposits are gathered through a network of financial centers and digital channels, with a focus on core deposit account growth that generates multiple fee categories. The bank's competitive positioning relies on quick credit execution, market-leading deposit products, and sophisticated wealth management services for both businesses and business owners. Geographic footprint includes established markets with planned expansion in higher-growth regions such as Dallas, and the company serves clients across commercial, middle-market, and business banking segments with a strategic shift toward business banking and specialty lending areas.
【Organic growth acceleration underway】 Management expects meaningful balance sheet growth and profitability improvement throughout 2026 as newly hired revenue producers ramp and loan growth accelerates from first-quarter levels. The company anticipates loan growth will reach mid-single digits for the full year, with production weighted toward the second half as bankers integrate and market momentum builds. Net interest margin is expected to benefit from continued CD repricing at lower rates and higher bond portfolio yields, though the repricing benefit will diminish as the year progresses in a flat-rate environment. The bank remains confident in its ability to achieve efficiency ratio targets in the 54–55% range while investing in organic growth initiatives, and management expects fee income to grow 4–5% with potential upside from trust and wealth management expansion and business banking deposit growth.
| Metric | Target | Period |
|---|---|---|
| Loan growth | mid-single digits | FY2026 |
| Deposit growth | low single digits | FY2026 |
| Net charge-offs | 15-25 basis points | FY2026 |
| Fee income growth | 4%-5% | FY2026 |
| Net interest margin expansion from bond portfolio | 7 basis points | FY2026 |
Loan growth (FY2026): “Our guidance of mid-single digits for the year for loan growth is unchanged.”
Deposit growth (FY2026): “We have not changed our guidance on deposits as we still expect balances to be up low single digits from 2025 levels.”
Net charge-offs (FY2026): “We expect net charge-offs to average 15-25 basis points for the full year.”
Fee income growth (FY2026): “Fee income's performing in line with our expectations, and I do believe that it supports that 4%-5% growth for the full year of 2026.”
Net interest margin expansion from bond portfolio (FY2026): “We expect the full quarterly increase in bond yields will approach 32 basis points, and the annual contribution to NIM will be about 7 basis points.”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: Q4 FY2025 Earnings Call, Q3 FY2025 Earnings Call, Q2 FY2025 Earnings Call, Q1 FY2025 Earnings Call
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Service charges on deposit accounts | $81M | $88M | $86M | $91M | $99M | 29% |
Trust fees | $63M | $65M | $68M | $72M | $90M | 26% |
Bank card and ATM fees | $79M | $85M | $83M | $85M | $86M | 25% |
Investment and annuity fees and insurance commissions | $30M | $29M | $37M | $43M | $49M | 15% |
Secondary mortgage market operations | $37M | $12M | $9M | $12M | $15M | 4% |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 1.4B | 2.0B | 2.1B | 1.9B | 1.5B | 1.3B |
| Net Income | 414M | 486M | 461M | 393M | 524M | 463M |
| EPS | $4.95 | $5.67 | $5.28 | $4.50 | $5.98 | $5.22 |
| Free Cash Flow | 531M | 523M | 616M | 470M | 813M | 562M |
| ROIC | 0.0% | 10.8% | 11.0% | 10.3% | 14.0% | 12.0% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.35 | 0.27 | 0.21 | 0.37 | 0.63 | 0.52 |
| Dividends/Share | $1.93 | $1.80 | $1.50 | $1.20 | $1.08 | $1.08 |
| Operating Income | 0 | 612M | 574M | 490M | 659M | 568M |
| Operating Margin | 0.0% | 30.3% | 27.9% | 25.7% | 44.9% | 42.2% |
| ROE | 9.4% | 11.3% | 11.6% | 11.0% | 14.9% | 13.0% |
| Shares Outstanding | 81M | 86M | 87M | 87M | 88M | 89M |
HANCOCK WHITNEY CORP passes 5 of 9 quality checks, suggesting mixed fundamentals.
HANCOCK WHITNEY CORP trades at 13.4x trailing earnings, compared to its 15-year median P/E of 10.1x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 11.9x vs a median of 8.2x. The company's 5-year average ROIC is 11.6%. Total shareholder yield (dividends + buybacks) is 7.7%. At current prices, the estimated annualized return to fair value is +9.5%.
HANCOCK WHITNEY CORP (HWC) has a net profit margin of 24.1%. This is a strong margin indicating high profitability.
HANCOCK WHITNEY CORP (HWC) generated $523 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
HANCOCK WHITNEY CORP (HWC) has a debt-to-equity ratio of 0.27. This indicates a conservatively financed balance sheet.
HANCOCK WHITNEY CORP (HWC) reported earnings per share (EPS) of $5.67 in its most recent fiscal year.
HANCOCK WHITNEY CORP (HWC) has a return on equity (ROE) of 11.3%. This indicates moderate shareholder returns.
The Ledger Terminal provides 16 years of financial data for HANCOCK WHITNEY CORP (HWC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
HANCOCK WHITNEY CORP (HWC) has a book value per share of $52.03, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management expects meaningful balance sheet growth and profitability improvement throughout 2026 as newly hired revenue producers ramp and loan growth accelerates from first-quarter levels. The company anticipates loan growth will reach mid-single digits for the full year, with production weighted toward the second half as bankers integrate and market momentum builds. Net interest margin is expected to benefit from continued CD repricing at lower rates and higher bond portfolio yields, though the repricing benefit will diminish as the year progresses in a flat-rate environment. The bank remains confident in its ability to achieve efficiency ratio targets in the 54–55% range while investing in organic growth initiatives, and management expects fee income to grow 4–5% with potential upside from trust and wealth management expansion and business banking deposit growth.
Based on recent SEC filings and earnings calls, HANCOCK WHITNEY CORP (HWC) has provided the following forward guidance: Loan growth: mid-single digits (FY2026); Deposit growth: low single digits (FY2026); Net charge-offs: 15-25 basis points (FY2026); Fee income growth: 4%-5% (FY2026); Net interest margin expansion from bond portfolio: 7 basis points (FY2026).
No recent press releases.