News about HWC

Hancock Whitney reported third-quarter 2026 net income of $110.1 million, including a $30.4 million pretax charge tied to its One Florida Bank acquisition, which closed on August 1, 2026. Adjusted EPS was $1.66, up 17% year over year, and the deal added $1.7 billion in loans and $1.9 billion in deposits, bringing total loans to $26.5 billion and deposits to $32.2 billion. Net interest margin rose to 3.61%, while nonaccrual loans increased $19.6 million to $133.3 million. The company paused share buybacks due to rate volatility affecting its 8.05% tangible common equity ratio. Management revised full-year guidance to net interest income growth of 9% to 9.5%, fee income growth of 5.5% to 6%, and operating expense growth of 8% to 8.5%.

Hancock Whitney reported third-quarter 2026 net income of 110.1 million dollars, which includes a 30.4 million dollar pretax charge tied to the One Florida Bank acquisition, and adjusted EPS of 1.66 dollars, up 17% from a year earlier. Total loans rose 8% linked-quarter to 26.5 billion dollars, including 1.7 billion dollars of acquired loans, while organic loan growth was 4% annualized, and total deposits reached 32.2 billion dollars. The net interest margin widened to 3.61% and the efficiency ratio improved to 54.46%, while net charge-offs held flat at 16 basis points, though nonaccrual loans climbed 19.6 million dollars to 133.3 million dollars. The tangible common equity ratio fell to 8.05% amid the acquisition, buybacks and rate volatility, and the company paused further repurchases until rates become clearer. Management now expects full-year net interest income growth of 9% to 9.5%, fee income growth of 5.5% to 6%, and operating expense growth of 8% to 8.5%.