olivLaw · US equity research
Hancock Whitney Corporation HWC
State Commercial Banks · SIC 6022 · Vertical: State Commercial Banks (SIC 6022)
Hancock Whitney is a bank holding company based in Gulfport, Mississippi, serving commercial, small business and retail clients across the southern United States, with a balance sheet of 35.5 billion USD at the end of 2025. In 2026 it integrated the OFB Bancshares acquisition, which visibly increased its loans and deposits.
At the close of 04 Nov 2026, Hancock Whitney Corporation (HWC) stock was 73.26 USD (+0.88% on the day), with market capitalisation 5.9 bn USD, P/E 14.3 on diluted EPS of 5.11 USD over the last 12 months, dividend yield 2.59%, beta 1.04, 52-week range 56.22–79.78 USD. Latest reported quarter (Q2 2026): net income of 127.0 m USD (+11.8% YoY), diluted EPS 1.55 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 51.4
- neutral
- Bollinger (20, 2)
- 71.55 – 73.94
- in the upper half of the band · %B 0.72 · band width 3.3%
- SMA 50 / 200
- 73.52 / 70.94
- mixed trend
- MACD (12, 26, 9)
- -0.17 / -0.28
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +0.1% | −1.1% | +1.2 pp | — |
| 3 months | −6.5% | −0.5% | −6.0 pp | — |
| 6 months | +6.7% | +4.4% | +2.4 pp | — |
| Year to date | +15.0% | +12.3% | +2.7 pp | — |
| 1 year | +27.1% | +13.5% | +13.6 pp | +25.9% |
| 3 years | +90.0% | +76.4% | +13.6 pp | +63.7% |
| 5 years | +41.4% | +63.7% | −22.3 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Depreciation & amortisation | 8.2 m ≈ | 7.8 m | 7.8 m | 7.2 m ≈ | 6.1 m ≈ | 6.2 m | 6.3 m | 6.3 m ≈ |
| Pre-tax income | 145.3 m | 150.5 m | 149.2 m | 144.6 m | 160.3 m | 158.3 m | 58.7 m | 162.2 m |
| Income tax | 29.7 m | 28.4 m | 29.7 m | 31.0 m | 32.9 m | 32.7 m | 11.3 m | 35.2 m |
| Net income | 115.6 m | 122.1 m | 119.5 m | 113.5 m | 127.5 m | 125.6 m | 47.4 m | 127.0 m |
| Diluted EPS | 1.33 | 1.41 ≈ | 1.38 | 1.32 | 1.49 | 1.50 ≈ | 0.57 | 1.55 |
| Operating cash flow | 162.5 m ≈ | 191.6 m | 104.2 m | 125.8 m ≈ | 158.8 m ≈ | 153.0 m | 114.4 m | 151.3 m ≈ |
| Capex | 3.9 m ≈ | 2.7 m | 4.0 m | 3.8 m ≈ | 3.8 m ≈ | 7.1 m | 5.9 m | 860.0 k ≈ |
| Dividends paid | 34.8 m ≈ | 34.7 m | 39.6 m | 38.7 m ≈ | 38.4 m ≈ | 37.2 m | 42.1 m | 40.5 m ≈ |
| Share repurchases | 15.2 m ≈ | 7.9 m | 20.7 m | 39.4 m ≈ | 40.1 m ≈ | 146.6 m | 94.6 m | 46.5 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 86 percentile of its own 7-quarter history (min 9.7, median 11.2, max 14.6; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Revenue YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Net income | unavailable | unavailable | unavailable | unavailable | unavailable | 392.6 m | 460.8 m | 486.1 m |
| Net income YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | +17.4% | +5.5% |
| Diluted EPS | 3.72 | 3.72 | -0.54 | 5.22 | 5.98 | 4.50 | 5.28 | 5.67 |
| Diluted EPS YoY | +50.0% | 0.0% | −114.5% | unavailable | +14.6% | −24.7% | +17.3% | +7.4% |
| net % | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Free cash flow | 398.5 m | 309.2 m | 317.3 m | 562.1 m | 812.9 m | 470.2 m | 615.5 m | 523.1 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 563.0 m USD
- Financial debt
- 1.2 bn USD
- Net debt
- 653.7 m USD
- Equity
- 4.5 bn USD
- Total assets
- 35.5 bn USD
- Debt / equity
- 0.27x
- Current ratio
- unavailable
- ROE
- 11.3%
- ROA
- 1.4%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Net interest income | 942.5 m | 933.2 m | 1.1 bn | 1.1 bn | 1.1 bn | 1.1 bn | SEC (XBRL)· 27 Feb 2026verified |
| Net fee income | 324.4 m | 364.3 m | 331.5 m | 288.5 m | 364.1 m | 406.4 m | SEC (XBRL)· 27 Feb 2026verified |
| Non-interest expense | 788.8 m | 807.0 m | 750.7 m | 836.8 m | 819.9 m | 851.6 m | SEC (XBRL)· 27 Feb 2026verified |
| Pre-tax income | -124.7 m | 568.1 m | 659.2 m | 490.1 m | 574.0 m | 612.4 m | SEC (XBRL)· 27 Feb 2026verified |
| Net income | — | — | — | 392.6 m | 460.8 m | 486.1 m | SEC (XBRL)· 27 Feb 2026verified |
| Diluted EPS | -0.54 | 5.22 | 5.98 | 4.50 | 5.28 | 5.67 | SEC (XBRL)· 27 Feb 2026verified |
| Dividend per share | 1.08 | 1.08 | 1.08 | 1.20 | 1.50 | 1.80 | SEC (XBRL)· 27 Feb 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 526.3 m | 401.2 m | 564.5 m | 561.2 m | 574.9 m | 563.0 m | SEC (XBRL)· 27 Feb 2026verified |
| Loans | 21.8 bn | 21.1 bn | 23.1 bn | 23.9 bn | — | — | SEC (XBRL)· 28 Feb 2024verified |
| Total assets | 33.6 bn | 36.5 bn | 35.2 bn | 35.6 bn | 35.1 bn | 35.5 bn | SEC (XBRL)· 27 Feb 2026verified |
| Deposits | 27.7 bn | 30.5 bn | 29.1 bn | 29.7 bn | 29.5 bn | 29.3 bn | SEC (XBRL)· 27 Feb 2026verified |
| Short-term debt | 1.7 bn | 1.7 bn | 1.9 bn | 1.2 bn | 639.0 m | 1.0 bn | SEC (XBRL)· 27 Feb 2026verified |
| Long-term debt | 378.3 m | 244.2 m | 242.1 m | 236.3 m | 210.5 m | 199.4 m | SEC (XBRL)· 27 Feb 2026verified |
| Total liabilities | 30.2 bn | 32.9 bn | 31.8 bn | 31.8 bn | 31.0 bn | 31.0 bn | SEC (XBRL)· 27 Feb 2026verified |
| Equity | 3.4 bn † | 3.7 bn † | 3.3 bn † | 3.8 bn † | 4.1 bn † | 4.5 bn † | SEC (XBRL)· 27 Feb 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Dividends paid | 95.6 m | 95.9 m | 94.5 m | 104.7 m | 130.8 m | 153.8 m | SEC (XBRL)· 27 Feb 2026verified |
| Share repurchases | 12.7 m | 21.8 m | 58.9 m | 0 | 37.7 m | 246.9 m | SEC (XBRL)· 27 Feb 2026verified |
Computed indicators
Growth
Profitability
Returns
Market and valuation
Banking
32 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 34 / 100
A scoring methodology on indicators and valuation, not investment advice.
score < 40
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 5.9 bn USD
Key indicators
Coverage and freshness
Score by group
- Quality40
- Returns48
- Growth0
- Valuation31
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 23.65 – 79.35 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- Residual income54.68 – 57.15 (Mid 55.89)
- Justified P/B51.16 – 68.80 (Mid 58.69)
- Dividend discount (DDM)23.65 – 31.81 (Mid 27.13)
- Peers: P/E59.83 – 70.81 (Mid 65.94)31 companies used · median multiple 12.9x · quartiles 11.7x – 13.9xBFST, BHB, BNY, BOH, BPOP, BUSE, BWFG, CBSH, CFFI, CFG, CIVB, COFS, COSO, EWBC, FVCB, FXNC, GBFH, INBK, LKFN, MCB, MNSB, MTB, MVBF, NTRS, ORRF, PEBO, STT, TCBI, UBCP, UBSI, WASH
- Peers: P/B63.07 – 79.35 (Mid 71.14)33 companies used · median multiple 1.3x · quartiles 1.1x – 1.4xBCML, BFST, BHB, BOH, BPOP, BRBS, BUSE, BWFG, CBFV, CBSH, CFFI, CFG, CIVB, COFS, COSO, EWBC, FITB, FVCB, FXNC, GBFH, INBK, MCB, MNSB, MTB, MVBF, ORRF, PEBO, STT, TCBI, UBCP, UBSI, UCB, WASH
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Unattractive profile · Score 34/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROE · Quality | 9.7% | 34 (vs peers) | 22% |
| ROA · Quality | 1.2% | 57 (on a fixed band) | 8% |
| Cost-to-income · Quality | 59.7% | 21 (on a fixed band) | 14% |
| Net interest margin · Quality | 3.2% | 67 (on a fixed band) | 8% |
| EPS CAGR 3Y · Growth | -1.8% | 0 (on a fixed band) | 11% |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| NPL ratio · Balance sheet | unavailable | unavailable | — |
| Cost of risk · Balance sheet | unavailable | unavailable | — |
| Loan-to-deposit · Balance sheet | unavailable | unavailable | — |
| P/B · Valuation | 1.3x | 38 (vs peers) | 14% |
| P/E (TTM) · Valuation | 14.3x | 24 (vs peers) | 14% |
| Dividend yield · Returns | 2.6% | 48 (vs peers) | 11% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partialunavailable · 0/3 factors with a value
- Growth· partial0/100 · 1/2 factors with a value
- Quality40/100 · 4/4 factors with a value
- Returns48/100 · 1/1 factors with a value
- Valuation31/100 · 2/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
HANCOCK WHITNEY CORPORATION (HWC). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: net interest income 1.1 bn USD in 2025; ROE 9.7%.
The estimated value range is 54.68–68.80 USD per share (median of 5 methods, agreement: high); assumptions are illustrative. Against the central value of 58.69 USD, the price of 73.26 USD leaves a potential of -19.9% (value / price − 1) and a margin of safety of -24.8% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 34/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance, growth. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- Cost-to-income: 59.7%
- EPS CAGR 3Y: -1.8%
- P/E (TTM): 14.3x
- The price is above the estimated value range
Not assessed (insufficient data or a ratio without meaning): Revenue CAGR 3Y, NPL ratio, Cost of risk, Loan-to-deposit.
Versus the vertical median
State Commercial Banks (SIC 6022) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BNYThe Bank Of New York Mellon Corporation | 102.8 bn | 16.8 | 15.0% | 32.6% | +7.8% | +36% / +216% |
| FITBFifth Third Bancorp | 49.4 bn | 18.4 | 9.4% | — | −2.0% | +26% / +89% |
| STTState Street Corporation | 47.2 bn | 13.9 | 13.1% | 23.8% | +7.3% | +46% / +138% |
| MTBM&T Bank Corp | 32.4 bn | 11.7 | 10.7% | 178.1% | +7.5% | +18% / +75% |
| NTRSNorthern Trust Corporation | 32.2 bn | 13.7 | 18.4% | 28.8% | −2.5% | +36% / +125% |
| CFGCitizens Financial Group Inc | 27.6 bn | 13.0 | 8.9% | 25.4% | +5.6% | +22% / +142% |
| EWBCEast West Bancorp, Inc. | 18.4 bn | 12.9 | 16.6% | — | +4.4% | +26% / +113% |
| BPOPPopular, Inc. | 10.1 bn | 10.7 | 15.6% | — | unavailable | +38% / +115% |
| CBSHCommerce Bancshares, Inc. | 8.1 bn | 13.8 | 14.6% | — | unavailable | +9% / +29% |
| UBSIUnited Bankshares Inc | 6.7 bn | 13.4 | 9.5% | — | −5.7% | +32% / +49% |
| HWCHancock Whitney Corporation | 5.9 bn | 14.3 | 9.7% | — | unavailable | +27% / +90% |
| UCBUnited Community Banks, Inc. | 4.5 bn | 31.7 | 4.1% | 17.8% | +11.7% | +23% / +53% |
| TCBITexas Capital Bancshares Inc | 4.5 bn | 13.4 | 10.2% | — | unavailable | +18% / +93% |
| BOHBank Of Hawaii Corporation | 2.8 bn | 12.3 | 13.6% | 202.1% | −0.1% | +9% / +23% |
| BUSEFirst Busey Corporation | 2.4 bn | 11.9 | 9.6% | 29.3% | +55.7% | +25% / +35% |
| LKFNLakeland Financial Corporation | 1.6 bn | 14.1 | 15.4% | — | −2.1% | +8% / +13% |
| PEBOPeoples Bancorp Inc. | 1.4 bn | 11.7 | 10.1% | 136.3% | +2.3% | +34% / +35% |
| MCBMetropolitan Bank Holding Corp. | 1.2 bn | 12.4 | 10.2% | 860.0% | −53.8% | +31% / +151% |
| BFSTBusiness First Bancshares, Inc. | 1.1 bn | 11.6 | 10.1% | 768.0% | +1.2% | +27% / +63% |
| ORRFOrrstown Financial Services, Inc. | 890.4 m | 10.2 | 14.8% | 232.4% | +36.0% | +27% / +89% |
| WASHWashington Trust Bancorp Inc | 768.3 m | 14.0 | 10.2% | 23.7% | +127.6% | +42% / +51% |
| BHBBar Harbor Bankshares | 712.7 m | 14.4 | 9.7% | — | +3.4% | +42% / +64% |
| CUBBCustomers Bancorp, Inc. | 701.4 m | 2.5 | 14.3% | — | −14.0% | −3% / +9% |
| CIVBCivista Bancshares, Inc. | 599.1 m | 11.0 | 11.2% | 276.9% | −0.5% | +27% / +84% |
| BWFGBankwell Financial Group, Inc. | 584.1 m | 12.9 | 14.5% | 1,437.5% | +44.0% | +60% / +172% |
1- and 3-year price returns: for HWC from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Hancock Whitney is a bank holding company based in Gulfport, Mississippi, serving commercial, small business and retail clients across the southern United States, with a balance sheet of 35.5 billion USD at the end of 2025 1. In 2026 it integrated the OFB Bancshares acquisition, which visibly increased its loans and deposits 3.
SWOT
Strengths
- The company has a relationship-based client base, a strong local presence across several southern states and an improving efficiency ratio that supports profitability 13.
- Capital remains solid, with a high common equity tier 1 ratio that declined after the acquisition, and a sizeable allowance for credit losses 13.
- The Sabal and OFB acquisitions added trust assets and deposits in Florida, strengthening the position in growth markets 13.
Weaknesses
- Geographic concentration in the Gulf South exposes the company to regional economic conditions and weather events 12.
- Integration and acquisition costs reduced quarterly profit and raised expenses, and the full effect is not yet visible 3.
- Nonaccrual loans rose in the third quarter of 2026 even as criticized loans fell, suggesting a more fragile loan book 3.
Opportunities
- Expansion in Florida and Texas, together with hiring new bankers, could lift loan and deposit growth in markets with favorable demographics 1.
- If deposit costs ease, net interest margin could expand further and support interest income 13.
- Wealth management and trust services extended through Sabal could generate higher fee income 1.
Risks
- Exposure to the regional economyhigh
The business depends on Gulf South conditions, and deterioration could hit loan demand and borrower repayment capacity 1. Severity is high if a regional recession extends.
- Concentration in real estate loanshigh
A large share of the portfolio is secured by commercial and residential real estate, and falling values could require additional provisions 1. Severity is high.
- Interest rate sensitivitymedium
Sudden rate moves could compress net interest margin and reduce the value of securities holdings 1. Severity is medium.
- Acquisition integration riskmedium
Integrating OFB and Sabal could delay synergies or create unexpected costs 23. Severity is medium.
- Cyber and operational riskmedium
Reliance on third-party vendors and data models could expose the company to disruptions or security incidents 2. Severity is medium.
Investment thesis
What would need to be true (bull case)
- If the OFB integration completes as planned, the company could benefit from a larger base of noninterest-bearing deposits and a rising net interest margin 3.
- The improving efficiency ratio shows management can control expenses while investing in growth 3.
- Expansion in Florida and Texas offers room for loan and deposit growth in dynamic markets 1.
What would break the thesis
What to watch
- Net interest margin and deposit cost trends after the OFB integrationQ4 2026
- Nonaccrual loan levels and provisions for credit lossesQ4 2026
- Progress on OFB synergies and integration costs2027
- Pace of the organic growth plan, including banker hiring and new Texas centers2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Hancock Whitney Corporation is a bank holding company registered with the Federal Reserve, operating mainly through its Mississippi state-chartered bank, Hancock Whitney Bank, plus several nonbank affiliates 1. The bank offers deposits, commercial and consumer loans, treasury management, letters of credit and trust and investment management services 1. The company trades on Nasdaq under the symbol HWC and describes its strategy as offering the products of a regional bank while keeping the service of a community bank 1.
At December 31, 2025 the company had 180 banking locations and 221 ATMs across its footprint, which covers southern and central Mississippi, Alabama, Louisiana, Florida, parts of Texas and the Nashville and Atlanta metropolitan areas 1. It reported a multiyear organic growth plan announced in late 2024 that includes hiring revenue-generating bankers and expanding in Florida and Texas 1.
In May 2025 the company acquired Sabal Trust Company of Florida, adding about 3 billion USD in assets under management 1. On August 1, 2026 it closed the acquisition of OFB Bancshares, parent of One Florida Bank, and third-quarter 2026 results include acquisition-related charges that weighed on earnings 3.
Segments
Lending
The loan portfolio spans commercial and industrial, income-producing commercial real estate, construction and land development, residential mortgages and consumer loans 1. Loans rose by 2.0 billion USD in the third quarter of 2026, including 1.7 billion USD acquired from OFB 3.
Deposits
Deposits are the main funding source and include noninterest-bearing accounts, interest-bearing transaction and savings accounts, money market accounts and time deposits 1. At September 30, 2026 noninterest-bearing deposits were 33% of total period-end deposits 3.
Wealth management and equipment finance
The bank provides trust and investment management services to retirement plans, corporations and individuals, while subsidiaries Hancock Whitney Equipment Finance offer leases to middle market and corporate clients 1. The Sabal acquisition extended the trust business into central Florida 1.
Market context
The company competes in regional southern U.S. markets for deposits and commercial loans against local and regional banks. Deposit rates are influenced by rates offered by competitors in local markets 1. Economic conditions in the Gulf South directly affect loan demand and borrower repayment capacity 1.
Management's baseline economic scenario expects slower growth and rising unemployment in 2026, and a downside scenario with a mild recession was weighted into credit loss estimates 1. These assumptions frame how the company assesses credit risk and provisioning 1.
Trends
- Interest rates and net interest marginmixed
Net interest margin expanded in 2025 and reached 3.61% in the third quarter of 2026, helped by OFB purchase accounting and asset yields but pressured by higher deposit costs 3. If rates fall or rise, the effect on net interest income could differ 1. The effect is mixed.
- Integration of OFBmixed
Integrating OFB added loans and deposits but also brought acquisition and personnel costs that reduced quarterly profit and raised operating expenses 3. If integration proceeds as planned, synergies could support efficiency over the medium term 2. The effect is mixed.
- Credit qualityheadwind
Criticized commercial loans declined in the third quarter of 2026 and net charge-offs held steady, but nonaccrual loans rose 3. If the economic downturn deepens, provisions could increase 1. The effect is a headwind.
- Organic growth and efficiencytailwind
The organic growth plan includes adding many bankers and opening new centers in Texas, and the efficiency ratio improved to 54.46% in the third quarter of 2026 13. This supports profitability if revenue grows faster than costs 3. The effect is a tailwind.
Competitive position
Hancock Whitney competes with other commercial and retail banks in its footprint, including large regional banks and local institutions, for deposits and loans 1. The annual report notes that some competitors have greater financial resources or face different regulatory standards 2.
Competition for deposits has intensified with elevated rates and competitive products, raising the bank's funding costs 3. The company adjusts deposit pricing to stay competitive in its local markets 1.
- Regional banks in the southern U.S.
Banks operating in the same states and competing for deposits and commercial loans, referred to generically in the annual report.
- Local and community banks in Mississippi and Alabama
Local institutions competing for small and mid-sized clients in the same markets.
- Banks in Florida and Texas
Active competitors in the expansion areas where the organic growth plan is being executed.
- Trust and wealth management firms
Nonbank providers of trust and investment services with which Hancock Whitney competes in wealth management.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report20 Oct 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report07 Aug 2026
- Current report03 Aug 2026Other events · Financial statements and exhibits
- Current report21 Jul 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report20 Jul 2026Other events · Financial statements and exhibits
- Current report19 May 2026Material agreement · Financial statements and exhibits
- Current report15 May 2026Regulation FD disclosure · Financial statements and exhibits
- Quarterly report07 May 2026
- Current report30 Apr 2026Shareholder vote
- Current report21 Apr 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Hancock Whitney Corporation · 27 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Hancock Whitney Corporation · 07 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Hancock Whitney Corporation · 20 Oct 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.