stocks logo

HWC Stock Price & Analysis

Hancock Whitney Corp
$
50.500
+50.500(+0%)6M

HWC Stock Price Chart

5D
1M
3M
6M
YTD
1Y
5Y

HWC Fundamental Analysis

6
buy
Moderate Buy
Buy
Hold
Sell
bubble
High
74.00
bubble
Averages
70.50
bubble
Low
68.00
Analyst
Rating
Action
Price Target
Date
Rating Reason
Stephens & Co.
Matt Olney
Buy
Reiterates
$68 → $74
2025-01-22
Raymond James
Michael Rose
Strong Buy
Reiterates
$64 → $72
2025-01-22
Stephens & Co.
Matt Olney
Buy
Reiterates
$68
2025-01-02
Stephens
bubble
Keefe, Bruyette & Woods
Catherine Mealor
Buy
Maintains
$60 → $70
2024-12-04
DA Davidson
Gary Tenner
Strong Buy
Maintains
$62 → $65
2024-10-16
DA
bubble

HWC Earnings Analysis

Hancock Whitney Corp Corporation (HWC.O) Q3 2024 Earnings Conference Call

Positive

  • Return on Assets Improvement: Achieved a return on assets (ROA) of 1.32%, reflecting improved profitability and efficiency.

  • Net Interest Income Increase: Net interest income increased by $10.1 million or 10% to $167 million, driven by higher yields on loans and securities.

  • Fee Income Growth: Fee income grew by 8% quarter over quarter, supported by higher investment and annuity fees, service charges, and specialty income.

  • Share Repurchase and Capital Ratios: Returned capital to investors by repurchasing over 300,000 shares of common stock during the quarter, while maintaining strong capital ratios with a TCE of 9.56% and a common equity Tier 1 ratio of 13.79%.

  • Non-Interest Income Growth: The company expects non-interest income for 2024 to increase by 6% to 7% compared to 2023's adjusted levels, indicating strong growth in fee income lines.

Negative

  • Loan Portfolio Contraction: Loans decreased by $450 million, with over $250 million attributed to a purposeful reduction in SNC exposure, indicating a significant contraction in the loan portfolio.

  • Deposit Decline and Liquidity Concerns: Deposits fell by $142 million during the quarter, reflecting a continued outflow in DDA accounts, which could signal potential liquidity issues.

  • Rising Criticized Loans: Criticized loans increased, with 60% of the rise linked to the recent SNC exam, suggesting underlying credit quality concerns that may affect future performance.

  • Asset Quality Deterioration: Net charge-offs rose quarter over quarter, indicating a deterioration in asset quality and potential future credit losses.

  • Loan Yield Decline Anticipated: The company anticipates a modest decline in loan yields in the next quarter due to expected rate cuts, which could negatively impact net interest income going forward.

HWC News

bubble
3.0
03-04NASDAQ.COM
Best Income Stocks to Buy for March 7th
bubble
8.0
01-30Yahoo Finance
Hancock Whitney Increases Quarterly Dividend 12.5%
bubble
8.5
01-21Businesswire
Hancock Whitney Acquiring Sabal Trust Company
bubble
8.5
01-21Business Insider
Hancock Whitney To Acquire Sabal Trust Company For Undisclosed Terms
bubble
4.0
01-02Benzinga
Stephens & Co. Reiterates Overweight on Hancock Whitney, Maintains $68 Price Target

HWC FAQs

Should I buy or sell HWC Stock?

Based on the recent data, here's a concise analysis of HWC stock:

Recent Developments:

  • Announced a 12.5% dividend increase to $0.45 per share, payable March 17, 2025
  • Strategic acquisition of Sabal Trust Co. expected to close in Q2 2025, which will expand wealth management services in Florida

Positive Catalysts:

  • Dividend growth signals financial strength and management confidence
  • Strategic expansion in high-growth Florida market through acquisition
  • Lower Federal Reserve rates (4.50-4.75% range) could benefit net interest margins

Risk Factors:

  • Bank sector valuations remain under pressure despite recent Trump-related rally
  • Integration risks from the Sabal Trust acquisition
  • Market competition in wealth management services

Based on current market conditions and recent developments, HWC stock appears to be a HOLD. The company shows positive momentum with strategic growth initiatives and dividend increases, but broader banking sector challenges suggest caution. Investors should monitor the successful integration of Sabal Trust and the impact of interest rate environment on margins before increasing positions.

What is price prediction 2025 for HWC Stock?

What is surpport and resistant level for HWC Stock?

What is the current price of HWC Stock?

What is the target price of HWC Stock?

What is the market cap of Hancock Whitney Corp?

Is Hancock Whitney Corp (HWC) overvalued?

What is Hancock Whitney Corp (HWC)'s business?

What is price prediction 2030 for HWC Stock?

How many employees does HWC have?

HWC Key Stats

High
52.390
Vol
1.03M
Low
50.440
Amount
52.86M
Open
52.070
VWAP
51.24
Mkt Cap
4.35B
EV/EBITDA(TTM)
7.99

HWC Company Profile

Hancock Whitney Corporation is a financial services company. It provides financial services through its bank subsidiary, Hancock Whitney Bank (the Bank), a Mississippi state bank. The Bank offers a range of traditional and online banking services to commercial, small business and retail customers, providing a range 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 Banks primary lending focus is to provide commercial, consumer and real estate loans to consumers, small and middle market businesses, and corporate clients in the markets and sectors served by the Bank. The Banks investment portfolio primarily consists of United Sates agency debt securities, United Sates agency mortgage-related securities and obligations of states and municipalities classified as either available for sale or held to maturity.