Trade Hancock Whitney Corp - HWC CFD

Hancock Whitney Company profile

About Hancock Whitney Corp

Hancock Whitney Corporation is a financial services company. The Company provides financial services through its bank subsidiary, Hancock Whitney Bank (the Bank), a Mississippi state bank. The Bank offers a range of traditional and online banking services to commercial, small business and retail customers, providing a variety of transaction and savings deposit products, treasury management services, secured and unsecured loan products (including revolving credit facilities), and letters of credit and similar financial guarantees. The Bank also provides trust and investment management services to retirement plans, corporations and individuals. The Bank’s primary lending focus is to provide commercial, consumer and real estate loans to consumers, small and middle market businesses, and corporate clients in the markets served by the Bank. The Bank, through its trust department, offers a full range of trust services on a fee basis.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Hancock Whitney Corp interest income decreased 7% to $982.3M. Net interest income after loan loss provision increased 7% to $1.01B. Net income applicable to common stockholders totaled $454.1M vs. loss of $46.9M. Net interest income after loan loss provision reflects Securities-Taxable increase of 3% to $131.4M, Short-term investments increase from $986K to $3.5M.

Equity composition

Common Stock $3.33 Par, 4/11, 350M auth., 43,896,212 issd. Insiders own 1.13%. 10/84 per reorgan. of Hancock Bank (Gulfport, MS). PO: 11/91, 1.35M shs @ $17 by Robinson Humphrey. 8/02, 3-for-2 stk split; 12/96, 15% stk div. FY'01 Q's & fncls. are reclassified. 3/04, 2-for-1 stock split.