financetom
Business
financetom
/
Business
/
Hancock Whitney Q2 Earnings Decline, Revenue Rises; Shares Down After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hancock Whitney Q2 Earnings Decline, Revenue Rises; Shares Down After Hours
Jul 16, 2024 1:43 PM

04:20 PM EDT, 07/16/2024 (MT Newswires) -- Hancock Whitney ( HWC ) reported Q2 earnings late Tuesday of $1.31 per diluted share, down from $1.35 a year earlier.

Analysts polled by Capital IQ expected $1.20.

Revenue in the quarter ended June 30, expressed as the sum of net interest income and noninterest income, was $359.6 million, up from $357.1 million a year earlier.

Analysts surveyed by Capital IQ expected $359.1 million.

The company's shares were down 3.1% in recent after-hours activity.

Price: 52.01, Change: -1.68, Percent Change: -3.13

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Singapore's OCBC posts record Q1 profit, lifts margin guidance for 2024
Singapore's OCBC posts record Q1 profit, lifts margin guidance for 2024
May 9, 2024
By Yantoultra Ngui SINGAPORE (Reuters) -Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit and forecast its net interest margin at the higher end of a 2.20% to 2.25% range for the full year. Net interest margin, a key profitability gauge for banks, declined slightly to 2.27% during the quarter from 2.30%...
US lawmakers unveil bill to make it easier to restrict exports of AI models
US lawmakers unveil bill to make it easier to restrict exports of AI models
May 9, 2024
WASHINGTON (Reuters) - A bipartisan group of lawmakers unveiled a bill late Wednesday that would make it easier for the Biden administration to impose export controls on AI models, in a bid to safeguard the prized U.S. technology against foreign bad actors. The bill, sponsored by House Republicans Michael McCaul, John Molenaar, Max Wise and Democrat Raja Krishnamoorthi, would also...
Argentina's YPF doubles first-quarter profits as production, prices climb
Argentina's YPF doubles first-quarter profits as production, prices climb
May 9, 2024
May 9 (Reuters) - Argentina's state oil firm YPF on Thursday posted a first-quarter net profit nearly doubling the year-ago figure, landing at $657 million, on the back of higher production and prices. Net profit came in 93% higher than the $341 million reported in the same quarter of 2023. Revenues inched up 2% to $4.31 billion, just above expectations,...
US Senate passes sweeping aviation safety, consumer bill
US Senate passes sweeping aviation safety, consumer bill
May 9, 2024
WASHINGTON, May 9 (Reuters) - The U.S. Senate late on Thursday overwhelmingly passed a broad aviation bill to boost air traffic controller staffing, increase funding to avert runway close-call incidents and speed refunds for canceled flights. The $105 billion, five-year measure reauthorizes the Federal Aviation Administration. The bill prohibits airlines from charging fees for families to sit together and requires...
Copyright 2023-2026 - www.financetom.com All Rights Reserved