Hancock Whitney Q4 Earnings: $1.49 EPS, $391.8M Revenue Inline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Revenue Growth: Hancock Whitney reported Q4 revenue of $391.8 million, reflecting a 6.6% year-over-year increase, demonstrating the company's resilience in a challenging economic environment despite overall sluggish growth.
- Stable EPS: The GAAP EPS of $1.49 was in line with market expectations, indicating effective cost control and revenue management, which helps maintain shareholder confidence amid market fluctuations.
- Capital Ratio Changes: The estimated CET1 ratio of 13.66% decreased by 43 basis points from the prior quarter, highlighting challenges in capital management, while the TCE ratio increased slightly to 10.06%, suggesting improved liquidity conditions.
- Efficiency Ratio Increase: The efficiency ratio rose to 54.93% from 54.10% in the previous quarter, indicating pressure on operational efficiency, which could impact future profitability.
Analyst Views on HWC
Wall Street analysts forecast HWC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HWC is 72.43 USD with a low forecast of 65.00 USD and a high forecast of 76.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 68.340
Low
65.00
Averages
72.43
High
76.00
Current: 68.340
Low
65.00
Averages
72.43
High
76.00
About HWC
Hancock Whitney Corporation is a bank holding company. The Company provides comprehensive financial services through its bank subsidiary, Hancock Whitney Bank (the Bank), a Mississippi state bank, and other nonbank affiliates. The Bank offers a broad range of traditional and online banking services to commercial, small business and retail customers, providing a variety of transaction and savings deposit products, treasury management services, secured and unsecured loan products (including revolving credit facilities), letters of credit and similar financial guarantees. The Bank provides trust and investment management services to retirement plans, corporations and individuals and provides its customers with access to investment advisory and brokerage products. It offers other services through bank and nonbank subsidiaries. The Bank’s subsidiaries provide commercial finance products to middle market and corporate clients, including leases and related structures.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
