HWC Earnings Prediction
The chart below shows how HWC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HWC sees a -3.40% change in stock price 10 days leading up to the earnings, and a +0.73% change 10 days following the report. On the earnings day itself, the stock moves by +1.74%. This data can give you a slight idea of what to expect for the next quarter's release.
HWC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
310.55M
2.12%
0.97%
Gross Margin
--
--
--
Operating Margin
45.69%
13.88%
-1.53%
Net Margin
37.22%
15.81%
-0.05%
EPS
1.33
18.75%
1.53%
No Data Available
HWC Earnings Analysis
Hancock Whitney Corp Corporation (HWC.O) 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 FAQs
How does HWC typically perform around its earnings report dates?
Is Earnings call transcript: Hancock Whitney Q3 2024 beats EPS estimates positive or negative?
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HWC Earning Call Sentiment
Earnings call transcript: Hancock Whitney Q3 2024 beats EPS estimates
HWC.O
-0.53%Positive
The earnings call reveals mixed signals. Financial performance is stable, with slight EPS and NIM growth, but loan growth is flat and criticized loans are rising. Positive factors include increased dividends and share repurchases. However, economic uncertainties, regulatory scrutiny, and fraud risks are concerns. The Q&A highlights cautious optimism, with management avoiding specifics on growth. Given the $4 billion market cap, the overall sentiment is neutral with a slight positive tilt due to shareholder returns, but risks and uncertainties balance the outlook.
