Hancock Whitney Corporation (Nasdaq: HWC) today announced its
financial results for the third quarter of 2024. Net income for the
third quarter of 2024 totaled $115.6 million, or $1.33 per diluted
common share (EPS), compared to $114.6 million, or $1.31 per
diluted common share, in the second quarter of 2024. The company
reported net income for the third quarter of 2023 of $97.7 million,
or $1.12 per diluted common share.
Third Quarter 2024 Highlights
- Net income totaled $115.6 million, compared to $114.6 million
in the prior quarter
- Pre-provision net revenue (PPNR) totaled $166.5 million,
compared to $156.4 million in the prior quarter
- Loans decreased $456 million, or 8% linked quarter annualized
(LQA)
- Deposits decreased $218 million, or 3% LQA
- Criticized commercial loans increased and nonaccrual loans
decreased
- ACL coverage solid at 1.46%, up 3 bps compared to prior
quarter
- NIM 3.39%, up 2 bps compared to prior quarter
- CET1 ratio estimated at 13.79%, up 54 bps linked-quarter; TCE
ratio 9.56%, up 79 bps linked-quarter
- Efficiency ratio 54.42%, down 176 bps linked-quarter
“The third quarter results reflect the continued strength and
stability of our company,” said John M. Hairston, President &
CEO. “Our efforts to improve profitability continued with another
quarter of 1.32% ROA, additional NIM expansion, fee income growth,
and lower operating expenses. Credit metrics continued to normalize
with an increase in criticized commercial loans at the end of the
quarter. Non-accrual loans were down, and we’ve maintained a solid
ACL to loans of 1.46%. Our capital ratios continue to grow due to
strong earnings and are at top quartile levels. As we reflect on
and celebrate our 125th anniversary, we remain dedicated to
demonstrating our strength, stability, and commitment to our
shareholders, clients, communities, and associates.”
Loans
Total loans were $23.5 billion at September 30, 2024, down
$456.0 million, or 2%, from June 30, 2024. The decrease was
primarily due to the runoff of a Shared National Credit portfolio
of $254 million as we remain focused on originating more granular
loans, and higher payoffs on income-producing commercial real
estate loans.
Average loans totaled $23.6 billion for the third quarter of
2024, down $365.4 million, or 2%, linked-quarter. Management
expects 2024 period-end loan balances to be flat to down slightly
from year-end 2023.
Deposits
Total deposits at September 30, 2024 were $29.0 billion, down
$217.8 million, or less than 1%, from June 30, 2024. The
linked-quarter decrease in deposits was driven primarily by a
decrease in interest-bearing public funds driven by seasonal runoff
and a decrease in DDAs. These decreases were partially offset by an
increase in interest-bearing transactions and savings deposits due
to mid-quarter inflows from equity markets and an increase in
retail time deposits despite maturity concentrations and
promotional rate reductions during the period.
DDAs totaled $10.5 billion at September 30, 2024, down $142.7
million, or 1%, from June 30, 2024 and comprised 36% of total
period-end deposits. Interest-bearing transaction and savings
deposits totaled $10.9 billion at the end of the third quarter of
2024, up $81.9 million, or 1%, linked-quarter. Compared to June 30,
2024, retail time deposits of $4.7 billion were up $70.3 million,
or 2%, and brokered deposits were $190.5 million, down $9.6
million, or 5%, compared to the prior quarter. Interest-bearing
public fund deposits decreased $217.6 million, or 7%,
linked-quarter, totaling $2.7 billion at September 30, 2024.
Average deposits for the third quarter of 2024 were $28.9
billion, down $128.9 million, or less than 1%, linked-quarter.
Management expects 2024 period-end deposit levels to be flat to
down slightly from year-end 2023.
Asset Quality
The total allowance for credit losses (ACL) was $342.8 million
at September 30, 2024, up $0.5 million, or less than 1%, from June
30, 2024. During the third quarter of 2024, the company recorded a
provision for credit losses of $18.6 million, compared to a
provision for credit losses of $8.7 million in the second quarter
of 2024. There were $18.0 million of net charge-offs in the third
quarter of 2024, or 0.30% of average total loans on an annualized
basis, compared to net charge-offs of $7.3 million, or 0.12% of
average total loans in the second quarter of 2024. The ratio of ACL
to period-end loans was 1.46% at September 30, 2024, compared to
1.43% at June 30, 2024.
Criticized commercial loans totaled $508.0 million, or 2.81% of
total commercial loans, at September 30, 2024, compared to $379.8
million, or 2.05% of total commercial loans at June 30, 2024.
Nonaccrual loans totaled $82.9 million, or 0.35% of total loans, at
September 30, 2024, compared to $86.3 million, or 0.36% of total
loans, at June 30, 2024. ORE and foreclosed assets were $27.7
million at September 30, 2024, up $25.6 million, compared to June
30, 2024, largely due to property from one commercial borrower.
Net Interest Income and Net Interest Margin (NIM)
Net interest income (TE) for the third quarter of 2024 was
$274.5 million, an increase of $1.2 million, or less than 1%, from
the second quarter of 2024. The net interest margin (NIM) (TE) was
3.39% in the third quarter of 2024, up 2 bps linked-quarter. Higher
rates on loans (+2 bps), higher securities yields (+1 bp) and a
favorable borrowing mix (+1 bp), led to a 4 basis point improvement
in NIM, partially offset by the change in deposit rates (-2
bps).
Average earning assets were $32.3 billion for the third quarter
of 2024, down $275.6 million, or less than 1%, from the second
quarter of 2024.
Noninterest Income
Noninterest income totaled $95.9 million for the third quarter
of 2024, up $6.7 million, or 8%, from the second quarter of
2024.
Service charges on deposits were up $0.9 million, or 4%, from
the second quarter of 2024, due to higher account activity. Bank
card and ATM fees were down $0.2 million, or 1%, from the second
quarter of 2024.
Investment and annuity income and insurance fees were up $1.1
million, or 11%, linked-quarter, related to sales and recurring
fees on higher market value securities. Trust fees were down $0.5
million, or 2% linked-quarter. Fees from secondary mortgage
operations totaled $3.4 million for the third quarter of 2024, down
$0.2 million, or 5%, linked-quarter.
Other noninterest income was $18.8 million in the third quarter
of 2024, up $5.6 million, or 42%, from the second quarter of 2024,
due to higher derivative income, SBIC income, BOLI and SBA loan
income.
Noninterest Expense & Taxes
Noninterest expense totaled $203.8 million, down $2.2 million,
or 1% linked-quarter.
Personnel expense totaled $115.8 million in the third quarter of
2024, down $3.0 million, or 2%, linked-quarter. The decrease was
due to a decrease in full-time equivalent employees and higher loan
fee deferrals (FAS91). Net occupancy and equipment expense totaled
$18.1 million in the third quarter of 2024, up $0.7 million, or 4%,
from the second quarter of 2024, due to routine maintenance and
hardware replacements. Amortization of intangibles totaled $2.3
million for the third quarter of 2024, down $0.1 million, or 4%,
linked-quarter.
ORE and other foreclosed assets was a net gain of $0.4 million
in the third quarter of 2024, compared to a net gain of $1.1
million in the second quarter of 2024.
Other expense totaled $68.1 million in the third quarter of
2024, down $0.5 million or less than 1%, linked-quarter.
The effective income tax rate for the third quarter of 2024 was
20.4%.
Capital
Common stockholders’ equity at September 30, 2024 totaled $4.2
billion, up $254.0 million, or 6%, from June 30, 2024. The tangible
common equity (TCE) ratio was 9.56%, up 79 bps linked-quarter. The
company’s CET1 ratio is estimated to be 13.79% at September 30,
2024, up 54 bps linked-quarter. Total risk-based capital ratio is
estimated to be 15.57% at September 30, 2024, up 57 bps
linked-quarter. During the third quarter of 2024, the company
repurchased 300,000 shares of its common stock at an average price
of $50.60 per share. This stock repurchase is pursuant to the
company’s share buyback program (authorizing the repurchase of up
to 4,297,000 shares of the company’s outstanding common stock),
which is set to expire on December 31, 2024. To-date the company
has repurchased 612,993 shares under this buyback program.
Conference Call and Slide Presentation
Management will host a conference call for analysts and
investors at 3:30 p.m. Central Time on Tuesday, October 15, 2024 to
review third quarter of 2024 results. A live listen-only webcast of
the call will be available under the Investor Relations section of
Hancock Whitney’s website at investors.hancockwhitney.com. A link
to the release with additional financial tables, and a link to a
slide presentation related to third quarter results are also posted
as part of the webcast link. To participate in the Q&A portion
of the call, dial 888-210-2654 or 646-960-0278, access code
6914431.
An audio archive of the conference call will be available under
the Investor Relations section of our website. A replay of the call
will also be available through October 22, 2024 by dialing
800-770-2030 or 609-800-9909, access code 6914431.
About Hancock Whitney
Since the late 1800s, Hancock Whitney has embodied core values
of Honor & Integrity, Strength & Stability, Commitment to
Service, Teamwork, and Personal Responsibility. Hancock Whitney
offices and financial centers in Mississippi, Alabama, Florida,
Louisiana, and Texas offer comprehensive financial products and
services, including traditional and online banking; commercial and
small business banking; private banking; trust and investment
services; healthcare banking; and mortgage services. The company
also operates combined loan and deposit production offices in the
greater metropolitan areas of Nashville, Tennessee and Atlanta,
Georgia. More information is available at
www.hancockwhitney.com.
Non-GAAP Financial Measures
This news release includes non-GAAP financial measures to
describe Hancock Whitney’s performance. These non-GAAP financial
measures should not be considered alternatives to GAAP-basis
financial statements and other bank holding companies may define or
calculate these non-GAAP measures or similar measures differently.
The reconciliations of those measures to GAAP measures are provided
either in the financial tables or in Appendix A thereto.
Consistent with the provisions of subpart 229.1400 of the
Securities and Exchange Commission’s Regulation S-K, “Disclosures
by Bank and Savings and Loan Registrants,” the company presents net
interest income, net interest margin and efficiency ratios on a
fully taxable equivalent (“TE”) basis. The TE basis adjusts for the
tax-favored status of net interest income from certain loans and
investments using the statutory federal tax rate to increase
tax-exempt interest income to a taxable equivalent basis. The
company believes this measure to be the preferred industry
measurement of net interest income and it enhances comparability of
net interest income arising from taxable and tax-exempt
sources.
The company presents certain additional non-GAAP financial
measures to assist the reader with a better understanding of the
company’s performance period over period, as well as to provide
investors with assistance in understanding the success management
has experienced in executing its strategic initiatives. The company
highlights certain items that are outside of our principal business
and/or are not indicative of forward-looking trends in supplemental
disclosures items below our GAAP financial data and presents
certain “Adjusted” ratios that exclude these disclosed items. These
adjusted ratios provide management or the reader with a measure
that may be more indicative of forward-looking trends in our
business, as well as demonstrates the effects of significant gains
or losses and changes.
We define Adjusted Pre-Provision Net Revenue as net
income excluding provision expense and income tax expense, plus the
taxable equivalent adjustment (as defined above), less supplemental
disclosure items (as defined above). Management believes that
adjusted pre-provision net revenue is a useful financial measure
because it enables investors and others to assess the company’s
ability to generate capital to cover credit losses through a credit
cycle. We define Adjusted Revenue as net interest income
(te) and noninterest income less supplemental disclosure items. We
define Adjusted Noninterest Expense as noninterest expense
less supplemental disclosure items. We define our Efficiency
Ratio as noninterest expense to total net interest income (te)
and noninterest income, excluding amortization of purchased
intangibles and supplemental disclosure items, if applicable.
Management believes adjusted revenue, adjusted noninterest expense
and the efficiency ratio are useful measures as they provide a
greater understanding of ongoing operations and enhance
comparability with prior periods.
Important Cautionary Statement about Forward-Looking
Statements
This release contains forward-looking statements within the
meaning of section 27A of the Securities Act of 1933, as amended,
and section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements that we may make include statements
regarding our expectations of our performance and financial
condition, balance sheet and revenue growth, the provision for
credit losses, capital levels, deposits (including growth, pricing,
and betas), investment portfolio, other sources of liquidity, loan
growth expectations, management’s predictions about charge-offs for
loans, general economic business conditions in our local markets,
Federal Reserve action with respect to interest rates, the effects
of war or other conflicts, acts of terrorism, climate change, the
impact of natural or man-made disasters, the adequacy of our
enterprise risk management framework, potential claims, damages,
penalties, fines and reputational damage resulting from pending or
future litigation, regulatory proceedings, assessments, and
enforcement actions, as well as the impact of negative developments
affecting the banking industry and the resulting media coverage;
the potential impact of future business combinations on our
performance and financial condition, including our ability to
successfully integrate the businesses, success of
revenue-generating and cost reduction initiatives, the
effectiveness of derivative financial instruments and hedging
activities to manage risks, projected tax rates, increased
cybersecurity risks, including potential business disruptions or
financial losses, the adequacy of our internal controls over
financial and non-financial reporting, the financial impact of
regulatory requirements and tax reform legislation, deposit trends,
credit quality trends, the impact of current and future economic
conditions, including the effects of declines in the real estate
market, high unemployment, inflationary pressures, increasing
insurance costs, elevated interest rates, including the impact of
changes in interest rates on our financial projections, models and
guidance and slowdowns in economic growth, as well as the financial
stress on borrowers as a result of the foregoing, net interest
margin trends, future expense levels, future profitability,
improvements in expense to revenue (efficiency) ratio, purchase
accounting impacts, accretion levels and expected returns. Also,
any statement that does not describe historical or current facts is
a forward-looking statement. These statements often include the
words “believes,” “expects,” “anticipates,” “estimates,” “intends,”
“plans,” “forecast,” “goals,” “targets,” “initiatives,” “focus,”
“potentially,” “probably,” “projects,” “outlook," or similar
expressions or future conditional verbs such as “may,” “will,”
“should,” “would,” and “could.” Forward-looking statements are
based upon the current beliefs and expectations of management and
on information currently available to management. Our statements
speak as of the date hereof, and we do not assume any obligation to
update these statements or to update the reasons why actual results
could differ from those contained in such statements in light of
new information or future events.
Forward-looking statements are subject to significant risks and
uncertainties. Any forward-looking statement made in this release
is subject to the safe harbor protections set forth in the Private
Securities Litigation Reform Act of 1995. Investors are cautioned
against placing undue reliance on such statements. Actual results
may differ materially from those set forth in the forward-looking
statements. Additional factors that could cause actual results to
differ materially from those described in the forward-looking
statements can be found in Part I, “Item 1A. Risk Factors” in our
Annual Report on Form 10-K for the year ended December 31, 2023,
and in other periodic reports that we file with the SEC.
HANCOCK WHITNEY
CORPORATION
FINANCIAL HIGHLIGHTS
(Unaudited)
Three Months Ended Nine Months Ended (dollars
and common share data in thousands, except per share amounts)
9/30/2024 6/30/2024 9/30/2023 9/30/2024
9/30/2023 NET INCOME Net interest income
$
271,764
$
270,430
$
269,234
$
808,365
$
828,139
Net interest income (TE) (a)
274,457
273,258
272,086
816,716
836,412
Provision for credit losses
18,564
8,723
28,498
40,255
42,151
Noninterest income
95,895
89,174
85,974
272,920
249,529
Noninterest expense
203,839
206,016
204,675
617,577
607,697
Income tax expense
29,684
30,308
24,297
84,712
85,821
Net income
$
115,572
$
114,557
$
97,738
$
338,741
$
341,999
Supplemental disclosure items - included above, pre-tax
Included in noninterest expense FDIC special assessment
$
—
$
—
$
—
$
3,800
$
—
PERIOD-END BALANCE SHEET DATA Loans
$
23,455,587
$
23,911,616
$
23,983,679
$
23,455,587
$
23,983,679
Securities
7,769,780
7,535,836
7,916,101
7,769,780
7,916,101
Earning assets
32,045,222
32,056,415
32,733,591
32,045,222
32,733,591
Total assets
35,238,107
35,412,291
36,298,301
35,238,107
36,298,301
Noninterest-bearing deposits
10,499,476
10,642,213
11,626,371
10,499,476
11,626,371
Total deposits
28,982,905
29,200,718
30,320,337
28,982,905
30,320,337
Common stockholders' equity
4,174,687
3,920,718
3,501,003
4,174,687
3,501,003
AVERAGE BALANCE SHEET DATA Loans
$
23,552,002
$
23,917,361
$
23,830,724
$
23,759,083
$
23,526,808
Securities (b)
8,218,896
8,214,172
8,888,477
8,210,192
9,010,201
Earning assets
32,263,748
32,539,363
33,137,565
32,452,619
33,171,798
Total assets
34,780,386
34,998,880
35,626,927
34,959,722
35,665,505
Noninterest-bearing deposits
10,359,390
10,526,903
11,453,236
10,519,199
12,184,410
Total deposits
28,940,163
29,069,097
29,757,180
29,189,160
29,311,176
Common stockholders' equity
4,021,211
3,826,296
3,572,487
3,889,265
3,518,105
COMMON SHARE DATA Earnings per share - diluted
$
1.33
$
1.31
$
1.12
$
3.88
$
3.92
Cash dividends per share
0.40
0.40
0.30
1.10
0.90
Book value per share (period-end)
48.47
45.40
40.64
48.47
40.64
Tangible book value per share (period-end)
38.10
35.04
30.16
38.10
30.16
Weighted average number of shares - diluted
86,560
86,765
86,437
86,650
86,368
Period-end number of shares
86,136
86,355
86,148
86,136
86,148
Market data High sales price
$
57.78
$
49.11
$
45.15
$
57.78
$
54.38
Low sales price
45.26
41.56
35.34
41.19
31.02
Period-end closing price
51.17
47.83
36.99
51.17
36.99
Trading volume
35,017
29,308
34,506
94,834
112,391
PERFORMANCE RATIOS Return on average assets
1.32
%
1.32
%
1.09
%
1.29
%
1.28
%
Return on average common equity
11.43
%
12.04
%
10.85
%
11.63
%
13.00
%
Return on average tangible common equity
14.70
%
15.73
%
14.53
%
15.12
%
17.51
%
Tangible common equity ratio (c)
9.56
%
8.77
%
7.34
%
9.56
%
7.34
%
Net interest margin (TE)
3.39
%
3.37
%
3.27
%
3.36
%
3.37
%
Noninterest income as a percentage of total revenue (TE)
25.89
%
24.60
%
24.01
%
25.05
%
22.98
%
Efficiency ratio (d)
54.42
%
56.18
%
56.38
%
55.67
%
55.14
%
Average loan/deposit ratio
81.38
%
82.28
%
80.08
%
81.40
%
80.27
%
Allowance for loan losses as a percentage of period-end loans
1.35
%
1.32
%
1.28
%
1.35
%
1.28
%
Allowance for credit losses as a percentage of period-end loans (e)
1.46
%
1.43
%
1.40
%
1.46
%
1.40
%
Annualized net charge-offs to average loans
0.30
%
0.12
%
0.64
%
0.19
%
0.27
%
Allowance for loan losses as a % of nonaccrual loans
382.87
%
366.54
%
507.68
%
382.87
%
507.68
%
FTE headcount
3,458
3,541
3,681
3,458
3,681
(a) Taxable equivalent (TE) amounts are calculated using a
federal income tax rate of 21%. (b) Average securities does not
include unrealized holding gains/losses on available for sale
securities. (c) The tangible common equity ratio is common
shareholders' equity less intangible assets divided by total assets
less intangible assets. (d) The efficiency ratio is noninterest
expense to total net interest income (TE) and noninterest income,
excluding amortization of purchased intangibles and supplemental
disclosure items noted above. (e) The allowance for credit losses
includes the allowance for loan and lease losses and the reserve
for unfunded lending commitments.
HANCOCK WHITNEY
CORPORATION QUARTERLY FINANCIAL HIGHLIGHTS
(Unaudited) Three Months Ended (dollars and
common share data in thousands, except per share amounts)
9/30/2024 6/30/2024 3/31/2024
12/31/2023 9/30/2023 NET INCOME Net interest
income
$
271,764
$
270,430
$
266,171
$
269,460
$
269,234
Net interest income (TE) (a)
274,457
273,258
269,001
272,294
272,086
Provision for credit losses
18,564
8,723
12,968
16,952
28,498
Noninterest income
95,895
89,174
87,851
38,951
85,974
Noninterest expense
203,839
206,016
207,722
229,151
204,675
Income tax expense
29,684
30,308
24,720
11,705
24,297
Net income
$
115,572
$
114,557
$
108,612
$
50,603
$
97,738
Supplemental disclosure items - included above, pre-tax
Included in noninterest income Gain on sale of parking facility
$
—
$
—
$
—
$
16,126
$
—
Loss on securities portfolio restructure
—
—
—
(65,380
)
—
Included in noninterest expense FDIC special assessment
—
—
3,800
26,123
—
PERIOD-END BALANCE SHEET DATA Loans
$
23,455,587
$
23,911,616
$
23,970,938
$
23,921,917
$
23,983,679
Securities
7,769,780
7,535,836
7,559,182
7,599,974
7,916,101
Earning assets
32,045,222
32,056,415
31,985,610
32,175,097
32,733,591
Total assets
35,238,107
35,412,291
35,247,119
35,578,573
36,298,301
Noninterest-bearing deposits
10,499,476
10,642,213
10,802,127
11,030,515
11,626,371
Total deposits
28,982,905
29,200,718
29,775,906
29,690,059
30,320,337
Common stockholders' equity
4,174,687
3,920,718
3,853,436
3,803,661
3,501,003
AVERAGE BALANCE SHEET DATA Loans
$
23,552,002
$
23,917,361
$
23,810,163
$
23,795,681
$
23,830,724
Securities (b)
8,218,896
8,214,172
8,197,410
8,579,444
8,888,477
Earning assets
32,263,748
32,539,363
32,556,821
33,128,130
33,137,565
Total assets
34,780,386
34,998,880
35,101,869
35,538,300
35,626,927
Noninterest-bearing deposits
10,359,390
10,526,903
10,673,060
11,132,354
11,453,236
Total deposits
28,940,163
29,069,097
29,560,956
29,974,941
29,757,180
Common stockholders' equity
4,021,211
3,826,296
3,818,840
3,560,978
3,572,487
COMMON SHARE DATA Earnings per share - diluted
$
1.33
$
1.31
$
1.24
$
0.58
$
1.12
Cash dividends per share
0.40
0.40
0.30
0.30
0.30
Book value per share (period-end)
48.47
45.40
44.49
44.05
40.64
Tangible book value per share (period-end)
38.10
35.04
34.12
33.63
30.16
Weighted average number of shares - diluted
86,560
86,765
86,726
86,604
86,437
Period-end number of shares
86,136
86,355
86,622
86,345
86,148
Market data High sales price
$
57.78
$
49.11
$
49.10
$
49.65
$
45.15
Low sales price
45.26
41.56
41.19
32.16
35.34
Period-end closing price
51.17
47.83
46.04
48.59
36.99
Trading volume
35,017
29,308
30,508
38,574
34,506
PERFORMANCE RATIOS Return on average assets
1.32
%
1.32
%
1.24
%
0.56
%
1.09
%
Return on average common equity
11.43
%
12.04
%
11.44
%
5.64
%
10.85
%
Return on average tangible common equity
14.70
%
15.73
%
14.96
%
7.55
%
14.53
%
Tangible common equity ratio (c)
9.56
%
8.77
%
8.61
%
8.37
%
7.34
%
Net interest margin (TE)
3.39
%
3.37
%
3.32
%
3.27
%
3.27
%
Noninterest income as a percentage of total revenue (TE)
25.89
%
24.60
%
24.62
%
12.51
%
24.01
%
Efficiency ratio (d)
54.42
%
56.18
%
56.44
%
55.58
%
56.38
%
Average loan/deposit ratio
81.38
%
82.28
%
80.55
%
79.39
%
80.08
%
Allowance for loan losses as a percentage of period-end loans
1.35
%
1.32
%
1.31
%
1.29
%
1.28
%
Allowance for credit losses as a percentage of period-end loans (e)
1.46
%
1.43
%
1.42
%
1.41
%
1.40
%
Annualized net charge-offs to average loans
0.30
%
0.12
%
0.15
%
0.27
%
0.64
%
Allowance for loan losses as a % of nonaccrual loans
382.87
%
366.54
%
382.21
%
521.56
%
507.68
%
FTE headcount
3,458
3,541
3,564
3,591
3,681
(a) Taxable equivalent (TE) amounts are calculated using a
federal income tax rate of 21%. (b) Average securities does not
include unrealized holding gains/losses on available for sale
securities. (c) The tangible common equity ratio is common
shareholders' equity less intangible assets divided by total assets
less intangible assets. (d) The efficiency ratio is noninterest
expense to total net interest income (TE) and noninterest income,
excluding amortization of purchased intangibles and supplemental
disclosures noted above. (e) The allowance for credit losses
includes the allowance for loan and lease losses and the reserve
for unfunded lending commitments.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241015791507/en/
Kathryn Shrout Mistich, VP, Investor Relations Manager
504.539.7836 or kathryn.mistich@hancockwhitney.com
Hancock Whitney (NASDAQ:HWC)
過去 株価チャート
から 12 2024 まで 1 2025
Hancock Whitney (NASDAQ:HWC)
過去 株価チャート
から 1 2024 まで 1 2025
