Hancock Whitney Posts $110.1M Q3 Net Income
HWC sits 35% above its 52-week low of $55.11.
Summary
Hancock Whitney reported third-quarter net income of $110.1 million, down from $127 million in Q2 2026, with EPS of $1.36 and adjusted EPS of $1.66. The sequential decline comes after a quarter boosted by the One Florida Bank acquisition, which closed in early August for $377.6 million in cash. Q3 net interest income was $314.9 million and noninterest income was $107 million. Q2 showed strong loan and deposit growth with a higher net interest margin; the key question is whether that held up in Q3. The company's CET1 ratio fell to 11.53% from 13.19% and its TCE ratio to 8.05%, after closing the OFB acquisition and repurchasing one million shares at an average $77.91.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Hancock Whitney's CET1 ratio fell to 11.53% from 13.19% and TCE ratio to 8.05%, after closing the OFB acquisition and repurchasing one million shares at an average $77.91.
At the time of this announcement, HWC was trading at $74.45 on NASDAQ in the Finance sector, with a market capitalization of approximately $6B. The 52-week trading range was $55.11 to $80.13. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.