Hancock Whitney Corporation (HWC)

Hancock Whitney Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	1,469	1,381	942.44	828.41	909.91	973.61
Interest Income on Investments	236.75	239.51	194.62	153.85	148.07	152.17
Total Interest Income	1,705	1,620	1,137	982.26	1,058	1,126
Interest Paid on Deposits	585.46	443.92	58.44	26.25	88.26	187.99
Interest Paid on Borrowings	42.21	78.97	28.62	22.78	27.2	42.58
Total Interest Expense	627.67	522.9	87.06	49.02	115.46	230.57
Net Interest Income	1,078	1,098	1,050	933.24	942.52	895.22
Net Interest Income Growth (YoY)	-4.08%	4.53%	12.51%	-0.99%	5.28%	5.46%
Trust Income	70.41	67.57	65.13	62.9	58.19	61.61
Mortgage Banking Activities	11.9	9.16	11.52	36.69	40.24	19.85
Gain (Loss) on Sale of Investments	-71.57	-71.17	-4.86	3.27	-3.36	-
Other Non-Interest Income	205.64	191.12	167.25	172.4	148.85	148.08
Total Non-Interest Income	305.68	282.69	326.72	356.3	320.59	315.91
Non-Interest Income Growth (YoY)	-4.63%	-13.48%	-8.30%	11.14%	1.48%	12.83%
Revenues Before Loan Losses	1,384	1,380	1,377	1,290	1,263	1,211
Provision for Loan Losses	57.21	59.1	-28.4	-77.49	602.9	47.71
Revenue	1,326	1,321	1,405	1,367	660.2	1,163
Revenue Growth (YoY)	-5.23%	-5.97%	2.79%	107.06%	-43.25%	6.47%
Salaries and Employee Benefits	446.85	436.14	437.15	459.93	442.95	418.98
Occupancy Expenses	36.69	35.04	32.12	32.11	33.47	50.94
Federal Deposit Insurance	52.16	49.98	14.89	13.58	18.8	19.51
Amortization of Goodwill & Intangibles	9.88	11.56	14.03	16.67	19.92	20.84
Selling, General & Administrative	248.31	245.65	227.17	226.72	221.96	182.53
Other Non-Interest Expense	48.83	53.31	24.97	39.91	35.28	77.2
Total Non-Interest Expense	840.54	831.06	745.92	788.71	781.94	770.68
EBT Excluding Unusual Items	485.76	490.13	659.2	578.32	-121.73	392.74
Pretax Income	485.76	490.13	659.2	568.06	-124.75	392.74
Income Tax Expense	96.42	97.53	135.11	104.84	-79.57	65.36
Net Income	389.34	392.6	524.09	463.22	-45.17	327.38
Preferred Dividends & Other Adjustments	2.81	4.01	7.62	9.13	1.76	5.55
Net Income to Common	386.54	388.59	516.47	454.08	-46.93	321.83
Net Income Growth	-19.85%	-25.09%	13.14%	-	-	1.11%
Basic Shares Outstanding	86	86	86	87	87	86
Diluted Shares Outstanding	87	86	86	87	87	87
Shares Change (YoY)	0.34%	0.03%	-0.73%	0.57%	-0.08%	1.26%
EPS (Basic)	4.47	4.51	6.00	5.23	-0.54	3.72
EPS (Diluted)	4.46	4.50	5.98	5.22	-0.54	3.72
EPS Growth	-19.90%	-24.75%	14.56%	-	-	0%
Dividend Per Share	1.400	1.200	1.080	1.080	1.080	1.080
Dividend Growth	19.66%	11.11%	0%	0%	0%	5.88%
Effective Tax Rate	19.85%	19.90%	20.50%	18.46%	-	16.64%

Source: S&P Capital IQ. Banks template. Financial Sources.