Brief: Hancock Whitney Q2 EPS USD 1.32

Hancock Whitney

15/07/2025 21:00

Overview

The financial holding company that operates Hancock Whitney Bank reports
 Q2 EPS of $1.32, down from $1.38 in Q1 2025

Adjusted PPNR rose by $5.5 mln, compared to Q1 2025

Co completed Sabal Trust acquisition, boosting trust fees

Outlook

Company expects low-single digit loan growth in 2025 from December 31, 2024 levels.

Company anticipates 2025 period-end deposit levels to be up low-single digits from December 31, 2024 levels.

Hancock Whitney focuses on organic growth and profitability for 2025.

Result Drivers

LOAN GROWTH - Driven by stronger demand and increased line utilization, loans rose by 6% linked quarter annualized (LQA)

DEPOSIT DECLINE - Deposits fell 2% LQA due to maturity concentration and promotional rate reductions

TRUST FEE INCREASE - Acquisition of Sabal Trust boosted trust fees by $3.6 million

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$1.32
Q2 Net Income
$113.50 mln
Q2 Net Interest Income
$279.50 mln
Q2 CET1 Capital Ratio
14.0%
Q2 Credit Loss Allowance
-$340.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Hancock Whitney Corp is $65.00, about 7.3% above its July 14 closing price of $60.23

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw7p4qCva

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)