Hancock Whitney Q2 profit rises as net interest income grows

Hancock Whitney

21/07/2026 21:14

    

    Overview
  
U.S. regional bank's Q2 net income and EPS rose yr/yr
Loans and deposits grew 2% each from prior quarter
Company repurchased 713k shares and announced One Florida Bank acquisition

    

    Outlook
  
Company did not provide specific financial guidance for the current or future periods

    

    Result Drivers
  
LOAN GROWTH - Loan balances rose 2% from Q1, driven by increases in commercial & industrial lending, healthcare activity, and commercial real estate
DEPOSIT MIX - Deposit growth was led by higher interest-bearing transactions and savings, offset by declines in retail time and public fund deposits
NONINTEREST INCOME RECOVERY - Noninterest income increased sharply from Q1, reflecting the absence of a $98.6 mln securities portfolio restructuring loss that impacted the prior quarter

    
Company press release: ID:nBw6whkrka

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Adjusted Pre-provision net revenue
 
$178.1 mln
 
Q2 EPS
 
$1.55
 
Q2 Net Income
 
$126.96 mln
 
Q2 Net Interest Income
 
$293.01 mln
 
Q2 CET1 Capital Ratio
 
13.18%
 
Q2 Credit Loss Allowance
 
$13.78 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "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 $81.00, about 4.8% above its July 20 closing price of $77.29
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

    

    Reuters Recommended Reads
  
July 20 - ServisFirst Bancshares Q2 EPS rises 40% on loan growth, higher net interest margin
July 21 - Atlantic Union Bankshares beats Q2 EPS estimates on loan growth
July 20 - SmartFinancial Q2 profit rises as loan growth lifts net interest income

    
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)