Hancock Whitney Reports Strong Q4 Earnings, Surpassing Expectations
GULFPORT, Miss. - Hancock Whitney Corporation (HWC) announced its fourth-quarter financial results, showcasing a robust performance that exceeded Wall Street analysts' expectations.
Key Metrics:
* Net income: $122.1 million, or $1.40 per share
* Revenue: $505.5 million
* Revenue net of interest expense: $364.8 million
Analysts' Estimates:
The company's earnings per share surpassed the average estimate of $1.28 by Zacks Investment Research. Similarly, its revenue net of interest expense exceeded the $361.3 million forecast by three analysts surveyed by Zacks.
Annual Performance:
For the full year, Hancock Whitney reported net income of $460.8 million, or $5.28 per share. Revenue for the year stood at $1.45 billion.
Outlook:
Hancock Whitney's strong performance reflects its continued growth and market leadership. The company remains well-positioned to continue its success in the future.