NASDAQ$HWC
Hancock Whitney Corp · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Hancock Whitney's performance reflected stable balance sheet with loan growth funded by client deposit growth and securities portfolio runoff, offset by NIM compression due to DDA remix and higher deposit betas.
Hancock Whitney reported a net income of $117.8 million, or $1.35 per diluted share, for Q2 2023. Loan growth was funded by client deposit growth and runoff from the securities portfolio. The DDA remix continues to drive higher deposit betas for the quarter, and, in turn, higher than expected NIM compression.
- Pre-provision net revenue (PPNR) totaled $157.8 million.
- Deposits increased $430.4 million, or 6% LQA.
- Loan growth of $385.4 million, or 7% LQA.
- ACL coverage remained solid at 1.45%.
Headline financials
Revenue & EPS history
Hancock Whitney · Revenue · Quarterly
$357M
Revenue by segment
Hancock Whitney · $34.5M total across 2 segments · Q2 2021
- Other income$18.2M—52.8%
- Trust fees$16.3M—47.2%
Forward guidance
Management expects 2023 period-end loan growth to be in the range of low- to mid-single digits compared to year-end 2022. Management expects 2023 period-end deposit level growth to be flat to low single digits compared to year-end 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.7%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+4.1%
Avg return
30 days after
59%
41 / 69 earnings
Positive
+8.1%
Q2 2021
Best reaction
-8.4%
Q1 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.1% | -1.2% | -1.5% | |
| Q4 2025 | +2.4% | -0.3% | +5.3% | |
| Q3 2025 | -6.3% | -9.5% | -6.2% | |
| Q2 2025 | -2.2% | -1.3% | +3.3% | |
| Q1 2025 | -0.3% | -1.0% | +16.6% | |
| Q4 2024 | +1.0% | -0.2% | -1.7% | |
| Q3 2024 | +0.5% | -1.6% | +12.0% | |
| Q2 2024 | +6.7% | +5.0% | -3.2% | |
| Q1 2024 | +0.1% | +3.9% | +12.5% | |
| Q4 2023 | -2.2% | +0.7% | -2.3% | |
| Q3 2023 | -1.9% | -6.2% | +14.4% | |
| Q2 2023 | +5.0% | -0.0% | -2.7% | |
| Q1 2023 | +1.0% | -2.1% | -4.1% | |
| Q4 2022 | -6.8% | -5.5% | +0.0% | |
| Q3 2022 | +4.9% | +2.8% | +4.8% | |
| Q2 2022 | +7.7% | +6.2% | +18.6% | |
| Q1 2022 | +4.5% | -0.8% | -3.9% | |
| Q4 2021 | +0.4% | -2.6% | -1.9% | |
| Q3 2021 | +7.4% | +7.7% | +8.0% | |
| Q2 2021 | +8.1% | +7.5% | +9.1% | |
| Q1 2021 | +2.8% | +4.5% | +12.8% | |
| Q4 2020 | -6.2% | -7.2% | -5.7% | |
| Q3 2020 | +6.8% | +10.5% | +30.8% | |
| Q2 2020 | -7.9% | -2.1% | +10.2% | |
| Q1 2020 | +5.8% | -3.2% | +10.6% | |
| Q4 2019 | -0.9% | -1.2% | -8.3% | |
| Q3 2019 | +0.1% | +2.0% | +8.8% | |
| Q2 2019 | +3.1% | +5.1% | -9.4% | |
| Q1 2019 | +0.5% | -1.9% | -5.7% | |
| Q4 2018 | +7.8% | +11.4% | +12.4% | |
| Q3 2018 | -1.9% | -5.9% | -10.2% | |
| Q2 2018 | +4.8% | +6.7% | +6.8% | |
| Q1 2018 | -7.9% | -8.2% | -0.8% | |
| Q4 2017 | +4.3% | +4.4% | +0.7% | |
| Q3 2017 | +0.3% | +3.0% | -1.4% | |
| Q2 2017 | -6.6% | -7.1% | -13.7% | |
| Q1 2017 | +1.1% | +4.1% | +5.1% | |
| Q4 2016 | +0.6% | +1.2% | +6.2% | |
| Q3 2016 | +5.0% | +4.6% | +24.9% | |
| Q2 2016 | +4.6% | +5.2% | +11.5% | |
| Q1 2016 | +5.5% | — | — | |
| Q4 2015 | +5.3% | — | — | |
| Q3 2015 | +2.3% | — | — | |
| Q2 2015 | -1.5% | — | — | |
| Q1 2015 | -3.7% | — | — | |
| Q4 2014 | +2.9% | — | — | |
| Q3 2014 | +1.6% | — | — | |
| Q2 2014 | -0.5% | — | — | |
| Q1 2014 | +2.0% | — | — | |
| Q4 2013 | -3.5% | — | — | |
| Q3 2013 | +0.5% | — | — | |
| Q2 2013 | -1.5% | — | — | |
| Q1 2013 | -8.4% | — | — | |
| Q4 2012 | -5.4% | — | — | |
| Q3 2012 | +3.0% | — | — | |
| Q2 2012 | -0.5% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q3 2011 | -2.9% | — | — | |
| Q2 2011 | -0.5% | — | — | |
| Q1 2010 | -1.3% | — | — | |
| Q1 2011 | +1.9% | — | — | |
| Q4 2009 | -0.8% | — | — | |
| Q4 2010 | -0.8% | — | — | |
| Q4 2008 | -0.8% | — | — | |
| Q3 2010 | +4.7% | — | — | |
| Q3 2009 | +4.7% | — | — | |
| Q2 2009 | -1.4% | — | — | |
| Q2 2010 | -1.4% | — | — |
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