Overview

* The financial holding company that operates Hancock Whitney Bank reports

Q2 EPS of $1.32, down from $1.38 in Q1 2025

* Adjusted PPNR rose by $5.5 mln, compared to

* Co completed Sabal Trust acquisition, boosting trust fees

Outlook

* Company expects low-single digit loan growth in 2025 from December 31, 2024 levels.

* Company anticipates 2025period-end deposit levels to be up low-single digits from December 31, 2024 levels.

* Hancock Whitney ( HWC ) focuses on organic growth and profitability for 2025.

Result Drivers

* LOAN GROWTH - Driven by stronger demand and increased line utilization, loans rose by 6% linked quarter annualized (LQA)

* DEPOSIT DECLINE - Deposits fell 2% LQA due to maturity concentration and promotional rate reductions

* TRUST FEE INCREASE - Acquisition of Sabal Trust boosted trust fees by $3.6 million

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $1.32

Q2 Net $113.50

Income mln

Q2 Net $279.50

Interest mln

Income

Q2 CET1 14.0%

Capital

Ratio

Q2 -$340.30

Credit mln

Loss

Allowanc

e

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy"

* Wall Street's median 12-month price target for Hancock Whitney Corp ( HWC ) is $65.00, about 7.3% above its July 14 closing price of $60.23

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)