Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Silver

    25.10
    +0.18 (+0.74%)
     
  • EUR/USD

    1.0779
    -0.0014 (-0.13%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2622
    +0.0000 (+0.00%)
     
  • USD/JPY

    151.3920
    +0.0200 (+0.01%)
     
  • Bitcoin USD

    70,441.22
    +185.85 (+0.26%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,369.44
    +201.37 (+0.50%)
     

Hancock Whitney: 2Q Earnings Snapshot

GULFPORT, Miss. (AP) _ Hancock Whitney Corporation (HWC) on Tuesday reported second-quarter net income of $88.3 million.

The Gulfport, Mississippi-based bank said it had earnings of $1.01 per share.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $1.01 per share.

The holding company of Whitney Bank and Hancock Bank posted revenue of $359.6 million in the period. Its revenue net of interest expense was $299.1 million, exceeding Street forecasts. Five analysts surveyed by Zacks expected $294 million.

Hancock Whitney shares have increased 12% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $38.71, a fall of 20% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HWC at https://www.zacks.com/ap/HWC

Advertisement