Hancock Whitney Corp - Understand $hwc stock

$HWC Market Cap: $5.146 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.279B

TTM

Gross Margin

Net Earnings

$271.7M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$35.24B

Q3 2024

Total Liabilities

$31.06B

Q3 2024

Book Value

$4.175B

Q3 2024

Cash

$569.9M

Q3 2024

P/E

18.94

Nov 13, 2024 EST

Free Cash Flow

$360.6M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$1.620B	$1.137B	$982.3M	$1.058B	$1.126B	$1.028B	$900.6M	$732.2M	$679.6M	$692.8M	$722.2M	$762.5M	$979.0M	$983.0M
YoY Change	42.52%	15.76%	-7.16%	-6.02%	9.48%	14.18%	23.0%	7.73%	-1.9%	-4.07%	-5.29%	-22.11%	-0.41%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.620B	$1.137B	$982.3M	$1.058B	$1.126B	$1.028B	$900.6M	$732.2M	$679.6M	$692.8M	$722.2M	$762.5M	$979.0M	$983.0M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development									$55.59M	$51.37M	$48.37M	$49.94M	$43.07M	$23.65M
YoY Change									8.22%	6.21%	-3.14%	15.94%	82.14%
% of Gross Profit
Depreciation & Amortization	$34.70M	$31.60M	$29.10M	$30.10M	$30.90M	$26.50M	$28.10M	$28.36M	$53.00M	$57.10M	$61.70M	$65.00M	$41.20M	$16.40M	$16.90M	$17.20M	$15.70M	$12.50M	$10.90M	$11.10M	$11.00M	$9.600M	$12.70M	$12.10M	$11.50M	$7.600M	$7.000M	$7.000M	$6.800M	$5.900M	$5.400M	$5.700M	$5.500M	$4.300M	$3.300M	$3.100M	$3.100M	$3.000M
YoY Change	9.81%	8.59%	-3.32%	-2.59%	16.6%	-5.69%	-0.93%	-46.48%	-7.18%	-7.46%	-5.08%	57.77%	151.22%	-2.96%	-1.74%	9.55%	25.6%	14.68%	-1.8%	0.91%	14.58%	-24.41%	4.96%	5.22%	51.32%	8.57%	0.0%	2.94%	15.25%	9.26%	-5.26%	3.64%	27.91%	30.3%	6.45%	0.0%	3.33%
% of Gross Profit
Operating Expenses									$55.59M	$51.37M	$48.37M	$49.94M	$43.07M	$23.65M
YoY Change									8.22%	6.21%	-3.14%	15.94%	82.14%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$522.9M	$87.06M	$49.02M	$115.5M	$230.6M	$179.4M	$108.3M	$73.05M	$54.47M	$38.12M	$41.48M	$51.68M	$70.97M	$82.35M
YoY Change	500.62%	77.59%	-57.54%	-49.92%	28.5%	65.73%	48.21%	34.11%	42.9%	-8.1%	-19.74%	-27.18%	-13.81%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$490.1M	$659.2M	$568.1M	-$124.7M	$392.7M	$382.1M	$308.4M	$186.9M	$169.8M	$242.2M	$215.9M	$197.4M	$94.82M	$61.91M	$97.70M	$87.00M	$101.8M	$148.3M	$72.90M	$88.30M	$79.60M	$73.60M	$57.10M	$53.70M	$46.30M	$44.20M	$48.00M	$46.80M	$40.10M	$33.60M	$35.40M	$27.30M	$17.00M	$9.800M	$6.400M	$7.200M	$8.000M	$8.000M	$7.600M	$6.000M	$6.400M
YoY Change	-25.65%	16.04%	-555.37%	-131.76%	2.78%	23.89%	65.01%	10.11%	-29.9%	12.19%	9.38%	108.13%	53.16%	-36.63%	12.3%	-14.54%	-31.36%	103.43%	-17.44%	10.93%	8.15%	28.9%	6.33%	15.98%	4.75%	-7.92%	2.56%	16.71%	19.35%	-5.08%	29.67%	60.59%	73.47%	53.13%	-11.11%	-10.0%	0.0%	5.26%	26.67%	-6.25%
Income Tax	$97.53M	$135.1M	$104.8M	-$79.57M	$65.36M	$58.35M	$92.80M	$37.63M	$38.30M	$66.47M	$52.51M	$45.61M	$18.06M	$9.705M	$22.90M	$21.60M	$27.90M	$46.50M	$18.90M	$26.60M	$24.60M	$22.50M	$17.90M	$16.90M	$14.60M	$14.40M	$17.40M	$15.20M	$13.10M	$10.50M	$10.50M	$7.000M	$4.100M	$1.500M	-$300.0K	-$200.0K	-$100.0K	-$100.0K	$800.0K	$500.0K	$1.100M
% Of Pretax Income	19.9%	20.5%	18.46%		16.64%	15.27%	30.09%	20.13%	22.56%	27.44%	24.33%	23.11%	19.05%	15.68%	23.44%	24.83%	27.41%	31.36%	25.93%	30.12%	30.9%	30.57%	31.35%	31.47%	31.53%	32.58%	36.25%	32.48%	32.67%	31.25%	29.66%	25.64%	24.12%	15.31%	-4.69%	-2.78%	-1.25%	-1.25%	10.53%	8.33%	17.19%
Net Earnings	$388.6M	$516.5M	$463.2M	-$45.20M	$327.4M	$323.8M	$215.6M	$149.3M	$131.5M	$175.7M	$163.4M	$151.7M	$76.76M	$52.21M	$74.80M	$65.40M	$73.90M	$101.8M	$54.00M	$61.70M	$55.00M	$51.00M	$39.30M	$36.80M	$31.70M	$31.00M	$30.60M	$31.60M	$27.00M	$23.10M	$24.90M	$20.20M	$12.90M	$8.300M	$6.600M	$7.300M	$8.100M	$8.100M	$6.900M	$5.500M	$5.400M
YoY Change	-24.76%	11.5%	-1124.78%	-113.81%	1.11%	50.19%	44.41%	13.57%	-25.19%	7.57%	7.65%	97.69%	47.03%	-30.21%	14.37%	-11.5%	-27.41%	88.52%	-12.48%	12.18%	7.84%	29.77%	6.79%	16.09%	2.26%	1.31%	-3.16%	17.04%	16.88%	-7.23%	23.27%	56.59%	55.42%	25.76%	-9.59%	-9.88%	0.0%	17.39%	25.45%	1.85%
Net Earnings / Revenue	23.98%	45.42%	47.16%	-4.27%	29.08%	31.49%	23.94%	20.39%	19.34%	25.36%	22.62%	19.9%	7.84%	5.31%
Basic Earnings Per Share	$4.51	$6.00	$5.23	-$0.54	$3.72	$3.72	$2.49	$1.87	$1.64	$2.10	$1.93	$1.77	$1.16	$1.41
Diluted Earnings Per Share	$4.50	$5.98	$5.22	-$0.54	$3.72	$3.72	$2.48	$1.87	$1.64	$2.10	$1.93	$1.75	$1.15	$1.40	$2.274M	$2.050M	$2.274M	$3.057M	$1.636M	$1.864M	$1.647M	$1.496M	$1.180M	$1.129M	$969.4K	$965.7K	$938.7K	$1.026M	$885.2K	$828.0K	$892.5K	$776.9K	$611.4K	$401.0K	$349.2K	$396.7K	$452.5K	$452.5K	$403.5K	$325.4K	$319.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$4.394B	$3.986B	$3.917B	$3.849B	$3.485B	$2.695B	$2.718B	$2.376B	$1.930B	$1.505B	$1.348B	$478.0M	$505.0M	$210.0M	$203.0M	$206.0M	$201.0M	$143.0M	$79.00M	$80.00M	$73.00M	$71.00M	$66.00M	$52.00M	$55.00M	$45.00M	$43.00M	$40.00M	$39.00M	$35.00M	$35.00M	$35.00M	$36.00M	$34.00M	$26.00M	$27.00M	$27.00M	$27.00M	$25.00M	$20.00M	$21.00M
YoY Change	10.23%	1.77%	1.77%	10.44%	29.31%	-0.85%	14.39%	23.11%	28.24%	11.65%	182.01%	-5.35%	140.48%	3.45%	-1.46%	2.49%	40.56%	81.01%	-1.25%	9.59%	2.82%	7.58%	26.92%	-5.45%	22.22%	4.65%	7.5%	2.56%	11.43%	0.0%	0.0%	-2.78%	5.88%	30.77%	-3.7%	0.0%	0.0%	8.0%	25.0%	-4.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$370.2M	$428.2M	$228.0M	$171.0M	$186.0M	$23.00M	$54.00M	$104.0M	$76.00M	$74.00M	$90.00M	$128.0M	$146.0M	$7.000M	$0.00	$6.000M	$4.000M	$17.00M	$40.00M	$16.00M
YoY Change	-13.54%	87.82%	33.33%	-8.06%	708.7%	-57.41%	-48.08%	36.84%	2.7%	-17.78%	-29.69%	-12.33%	1985.71%		-100.0%	50.0%	-76.47%	-57.5%	150.0%
Total Long-Term Assets
YoY Change
Total Assets	$35.58B	$35.18B	$36.53B	$33.64B	$30.60B	$28.24B	$27.34B	$23.98B	$22.83B	$20.75B	$19.01B	$19.46B	$19.77B	$8.138B	$8.697B	$7.167B	$6.056B	$5.965B	$5.950B	$4.665B	$4.150B	$3.973B	$3.680B	$3.013B	$2.992B	$2.815B	$2.538B	$2.290B	$2.234B	$2.027B	$1.903B	$1.735B	$1.555B	$1.405B	$981.0M	$905.0M	$906.0M	$901.0M	$798.0M	$569.0M	$528.0M
YoY Change
Accounts Payable	$45.00M	$9.935M	$3.000M	$4.000M	$10.00M	$12.00M	$9.000M	$10.00M	$7.000M	$4.000M	$4.000M	$5.000M	$8.000M	$4.000M
YoY Change	352.94%	231.17%	-25.0%	-60.0%	-16.67%	33.33%	-10.0%	42.86%	75.0%	0.0%	-20.0%	-37.5%	100.0%
Accrued Expenses	$125.6M	$116.4M	$122.0M	$131.0M	$128.0M
YoY Change	7.9%	-4.57%	-6.87%	2.34%
Deferred Revenue
YoY Change
Short-Term Debt	$454.8M	$446.3M	$565.0M	$568.0M	$680.0M	$429.0M	$571.0M	$360.0M	$524.0M	$1.152B	$658.0M	$639.0M	$1.044B	$365.0M	$485.0M	$506.0M	$376.0M	$222.0M	$252.0M	$196.0M	$159.0M	$161.0M	$161.0M	$145.0M	$264.0M	$140.0M	$171.0M	$88.00M	$67.00M	$54.00M	$46.00M	$36.00M	$54.00M	$64.00M	$65.00M	$25.00M	$29.00M	$76.00M	$12.00M	$14.00M	$6.000M
YoY Change	1.92%	-21.01%	-0.53%	-16.47%	58.51%	-24.87%	58.61%	-31.3%	-54.51%	75.08%	2.97%	-38.79%	186.03%	-24.74%	-4.15%	34.57%	69.37%	-11.9%	28.57%	23.27%	-1.24%	0.0%	11.03%	-45.08%	88.57%	-18.13%	94.32%	31.34%	24.07%	17.39%	27.78%	-33.33%	-15.63%	-1.54%	160.0%	-13.79%	-61.84%	533.33%	-14.29%	133.33%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$625.4M	$126.4M	$125.0M	$135.0M	$138.0M	$12.00M	$9.000M	$10.00M	$7.000M	$4.000M	$4.000M	$5.000M	$8.000M	$4.000M	$7.000M	$506.0M	$376.0M	$222.0M	$252.0M	$196.0M	$159.0M	$161.0M	$161.0M	$145.0M	$264.0M	$140.0M	$171.0M	$88.00M	$67.00M	$54.00M	$46.00M	$36.00M	$54.00M	$64.00M	$65.00M	$25.00M	$29.00M	$76.00M	$12.00M	$14.00M	$6.000M
YoY Change	394.98%	1.09%	-7.41%	-2.17%	1050.0%	33.33%	-10.0%	42.86%	75.0%	0.0%	-20.0%	-37.5%	100.0%	-42.86%	-98.62%	34.57%	69.37%	-11.9%	28.57%	23.27%	-1.24%	0.0%	11.03%	-45.08%	88.57%	-18.13%	94.32%	31.34%	24.07%	17.39%	27.78%	-33.33%	-15.63%	-1.54%	160.0%	-13.79%	-61.84%	533.33%	-14.29%	133.33%
Long-Term Debt	$236.3M	$242.1M	$244.0M	$378.0M	$233.0M	$225.0M	$306.0M	$436.0M	$490.0M	$374.0M	$386.0M	$397.0M	$354.0M	$0.00	$1.000M	$1.000M	$1.000M	$0.00	$50.00M	$50.00M	$50.00M	$51.00M	$52.00M	$2.000M	$3.000M	$0.00	$1.000M	$1.000M	$2.000M	$3.000M	$4.000M	$5.000M	$7.000M	$25.00M	$7.000M	$8.000M	$8.000M	$9.000M	$9.000M	$10.00M	$10.00M
YoY Change	-2.38%	-0.79%	-35.45%	62.23%	3.56%	-26.47%	-29.82%	-11.02%	31.02%	-3.11%	-2.77%	12.15%		-100.0%	0.0%	0.0%		-100.0%	0.0%	0.0%	-1.96%	-1.92%	2500.0%	-33.33%		-100.0%	0.0%	-50.0%	-33.33%	-25.0%	-20.0%	-28.57%	-72.0%	257.14%	-12.5%	0.0%	-11.11%	0.0%	-10.0%	0.0%
Other Long-Term Liabilities	$523.1M	$531.1M	$341.0M	$272.0M	$206.0M	$178.0M	$180.0M	$160.0M	$151.0M	$172.0M	$176.0M	$226.0M	$287.0M	$127.0M	$140.0M	$120.0M	$116.0M	$153.0M	$180.0M	$156.0M	$58.00M	$35.00M	$23.00M	$22.00M	$17.00M	$13.00M	$15.00M	$12.00M	$14.00M	$12.00M	$12.00M	$15.00M	$13.00M	$15.00M	$9.000M	$9.000M	$8.000M	$9.000M	$9.000M	$7.000M	$6.000M
YoY Change	-1.52%	55.76%	25.37%	32.04%	15.73%	-1.11%	12.5%	5.96%	-12.21%	-2.27%	-22.12%	-21.25%	125.98%	-9.29%	16.67%	3.45%	-24.18%	-15.0%	15.38%	168.97%	65.71%	52.17%	4.55%	29.41%	30.77%	-13.33%	25.0%	-14.29%	16.67%	0.0%	-20.0%	15.38%	-13.33%	66.67%	0.0%	12.5%	-11.11%	0.0%	28.57%	16.67%
Total Long-Term Liabilities	$759.4M	$773.2M	$585.0M	$650.0M	$439.0M	$403.0M	$486.0M	$596.0M	$641.0M	$546.0M	$562.0M	$623.0M	$641.0M	$127.0M	$141.0M	$121.0M	$117.0M	$153.0M	$230.0M	$206.0M	$108.0M	$86.00M	$75.00M	$24.00M	$20.00M	$13.00M	$16.00M	$13.00M	$16.00M	$15.00M	$16.00M	$20.00M	$20.00M	$40.00M	$16.00M	$17.00M	$16.00M	$18.00M	$18.00M	$17.00M	$16.00M
YoY Change	-1.79%	32.17%	-10.0%	48.06%	8.93%	-17.08%	-18.46%	-7.02%	17.4%	-2.85%	-9.79%	-2.81%	404.72%	-9.93%	16.53%	3.42%	-23.53%	-33.48%	11.65%	90.74%	25.58%	14.67%	212.5%	20.0%	53.85%	-18.75%	23.08%	-18.75%	6.67%	-6.25%	-20.0%	0.0%	-50.0%	150.0%	-5.88%	6.25%	-11.11%	0.0%	5.88%	6.25%
Total Liabilities	$31.77B	$31.84B	$32.86B	$30.20B	$27.13B	$25.16B	$24.45B	$21.26B	$20.42B	$18.28B	$16.58B	$17.01B	$17.41B	$7.282B	$7.859B	$6.558B	$5.502B	$5.406B	$5.473B	$4.200B	$3.715B	$3.549B	$3.275B	$2.672B	$2.681B	$2.528B	$2.249B	$2.028B	$2.010B	$1.845B	$1.748B	$1.607B	$1.441B	$1.325B	$905.0M	$833.0M	$844.0M	$845.0M	$747.0M	$526.0M	$489.0M
YoY Change	-0.21%	-3.1%	8.81%	11.3%	7.86%	2.88%	15.03%	4.09%	11.74%	10.2%	-2.51%	-2.27%	139.04%	-7.34%	19.84%	19.19%	1.78%	-1.22%	30.31%	13.06%	4.68%	8.37%	22.57%	-0.34%	6.05%	12.41%	10.9%	0.9%	8.94%	5.55%	8.77%	11.52%	8.75%	46.41%	8.64%	-1.3%	-0.12%	13.12%	42.02%	7.57%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	86.13M	86.07M	86.82M	86.53M	86.49M	85.36M	84.70M	77.85M	78.20M shares	81.80M shares	83.07M shares	84.77M shares	65.59M shares	36.88M shares
Diluted Shares Outstanding	86.42M	86.39M	87.03M	86.53M	86.60M	85.52M	84.96M	77.95M	78.31M shares	82.03M shares	83.17M shares	85.59M shares	66.07M shares	37.05M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $5.1455 Billion

About Hancock Whitney Corp

Hancock Whitney Corp. operates as a bank holding company, which engages in the provision of financial services. The company is headquartered in Gulfport, Mississippi and currently employs 3,591 full-time employees. 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 range of transaction and savings deposit products, treasury management services, secured and unsecured loan products (including revolving credit facilities), letters of credit and similar financial guarantees. The Banks 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 and sectors served by the Bank. The Banks investment portfolio primarily consists of United Sates agency debt securities, United Sates agency mortgage-related securities and obligations of states and municipalities classified as either available for sale or held to maturity.

Industry: State Commercial Banks Peers: CVB Financial Corp Eastern Bankshares Inc First Interstate Bancsystem Inc FNB Corp Home BancShares Inc Independent Bank Corp (Massachusetts) PNC Financial Services Group Inc ServisFirst Bancshares Inc UMB Financial Corp UMPQUA HOLDINGS CORP