Hancock Whitney rises on Q1 profit beat

Hancock Whitney

19/04/2023 19:10

** Shares of financial services company Hancock Whitney Corp
 HWC.O  up 3.7% at $38.07
    ** Co reports Q1 profit of $1.45 per share vs analysts'
estimate of $1.43 per share - Refinitiv
    ** Net interest income rises to $285 mln from $228.5 mln a
year earlier
    ** Q1 total allowance for credit losses stands at $341.4
mln, unchanged from previous quarter
    ** Shares down ~21% YTD

 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com))