ET 16:22

Hancock Whitney Posts Q3 Earnings of $110.1 Million, Tops Wall Street Estimates

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Earnings

Hancock Whitney Corporation (HWC) on Tuesday reported third-quarter earnings of $110.1 million, or $1.36 per share, beating analyst expectations. Adjusted for non-recurring costs, earnings came in at $1.66 per share, topping the $1.65 average estimate from six analysts surveyed by Zacks Investment Research. The Gulfport, Mississippi-based holding company of Whitney Bank and Hancock Bank posted revenue of $553.8 million, with revenue net of interest expense at $420.1 million, also exceeding Street forecasts of $418.9 million from four analysts.

ByTicklex Editorial