- Hancock Whitney’s fourth-quarter earnings per share (EPS) were $1.40, surpassing expectations and significantly higher than last year’s $0.58.
- The net interest margin was 3.41%, meeting the expected figure and an improvement from the previous year’s 3.27%.
- Total loans amounted to $23.30 billion, a decline of 2.6% from last year, which was slightly below the estimate of $23.44 billion.
- Total deposits reached $29.49 billion, a decrease of 0.7% year-over-year, but surpassed the expected $29.11 billion.
- The provision for credit losses was $11.9 million, representing a 30% decrease from the previous year.
- Book value per share increased to $47.93 from $44.05 last year, though it didn’t meet the $48.88 estimate.
- Return on average common equity rose to 11.7% from 5.64% the previous year, exceeding the estimate of 10.5%.
- The company anticipates a low-single-digit increase in deposit levels by the end of 2025 compared to the end of 2024.
- The fourth quarter results were highlighted as a strong conclusion to the company’s 125th anniversary celebration.
- Analysts’ recommendations for the stock include 7 buys, 1 hold, and no sells.
A look at Hancock Holding Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Hancock Holding Co, also known as Hancock Whitney Corporation, appears to have a positive long-term outlook. With strong scores in Value and Dividend categories, the company is positioned well in terms of financial health and returns to investors. Additionally, the high Momentum score indicates a positive market sentiment towards the company, suggesting potential growth opportunities.
Although the Growth and Resilience scores are slightly lower, reflecting some areas for improvement, Hancock Holding Co‘s overall profile seems promising. As a bank operating in the United States, offering a range of financial products and services, including banking accounts, loans, investments, and online banking, Hancock Whitney is well-positioned to benefit from the evolving financial landscape and customer needs in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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