Hancock Whitney Corporation

HWC Financial Banks Regional

Hancock Whitney Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, down 1.75% from fiscal 2024. In the quarter to June 2026, revenue grew 4.02%, EPS grew 18.2%, free cash flow grew 23.3% and total debt fell 7.98%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years.

73.10 0.07 +0.10%
Market cap
$5.9B
P/E
14.2×
Fwd P/E
13.1×
Dividend yield
2.67%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 7.56
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 — 1 2 — — 1 — 1 1 — —
Insider Ownership 1.86%

Capital & Financial Ratios $m

Market Cap 5,860.00
Revenue 1,959.95
Net Income 427.42
Free Cash Flow 559.70
Net Debt (893.30)
Current Ratio 0.82
Debt/Equity 0.04
P/E ratio 14.22
Fwd P/E 13.10
P/S ratio 3.02
P/B ratio 1.33
Past 5Y EPS Growth —
This Y EPS Growth 14.37%
Next Y EPS Growth 12.89%
Next Y revenue growth (19.70%) (below 0%: weak)
Next 5Y EPS Growth 12.12%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 66.92%
10-year low 10-year high
P/S against its own 10 years 68.04%
10-year low 10-year high
P/B against its own 10 years 80.39%
10-year low 10-year high

Dividends

Payout Ratio 0.38
Annual Dividend Rate 1.95
Annual Dividend Yield 2.67%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.97
0.50
0.50
0.50
2025 1.80
0.45
0.45
0.45
0.45
2024 1.50
0.30
0.40
0.40
0.40
2023 1.20
0.30
0.30
0.30
0.30
2022 1.08
0.27
0.27
0.27
0.27
2021 1.08
0.27
0.27
0.27
0.27
2020 1.08
0.27
0.27
0.27
0.27
2019 1.08
0.27
0.27
0.27
0.27
2018 1.02
0.24
0.24
0.27
0.27
2017 0.96
0.24
0.24
0.24
0.24
2016 0.96
0.24
0.24
0.24
0.24
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,188 1,515 695 1,087
Receivables — — — —
Inventory — — — —
Other — — — —
24,986 24,660 24,518 25,549
2023 2024 2025 Q'26
Payables 29,690 29,493 29,280 29,630
ST’ Debt — — — —
Other — — — —
30,890 30,152 30,312 31,215

Compound Annual Growth %

10y 5y 3y
Sales 8.22% 7.89% 11.23%
Cash Flow 8.68% 8.81% (13.67%)
Earnings 14.22% 0.00% (2.48%)
Book Value 6.34% 5.34% 10.09%

Revenue $m

Mar Jun Sep Dec Year
’26 409 521 — — —
’25 490 501 515 515 2,021
’24 510 517 525 505 2,057
’23 453 488 502 466 1,909
’22 320 341 385 423 1,469
’21 338 343 338 328 1,347
’20 362 340 341 340 1,382
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 114 151 — — —
’25 104 126 159 153 542
’24 167 105 162 192 626
’23 86 129 188 93 495
’22 281 206 188 167 842
’21 255 113 163 55 586
’20 12 55 161 128 355
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 108 150 — — —
’25 100 122 155 146 523
’24 164 104 159 195 622
’23 80 116 181 126 503
’22 269 199 195 149 813
’21 251 109 159 46 564
’20 2 45 149 121 317
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.57 1.55 — — —
’25 1.38 1.32 1.49 1.49 5.67
’24 1.24 1.31 1.33 1.40 5.28
’23 1.45 1.35 1.12 0.58 4.50
’22 1.40 1.38 1.55 1.65 5.98
’21 1.21 1.00 1.46 1.55 5.22
’20 (1.28) (1.36) 0.90 1.17 (0.54)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 20.01 41.05 32.59 33.63 14.32 32.52 41.62 31.02 41.19 43.90

Analyst estimates 2026–2028

Powerpack
High 45.50 53.35 56.40 44.74 44.24 53.61 59.82 54.38 62.40 67.10
People
People Employees 3,724 3,887 3,933 4,136 3,986 3,486 3,627 3,591 3,476 3,627
Revenue/emp, $m 0.26 0.30 0.33 0.35 0.35 0.39 0.40 0.53 0.59 0.56
Income, $m
Income, $m Revenue 983 1,168 1,313 1,442 1,382 1,347 1,469 1,909 2,057 2,021
Gross margin, % 92.57 90.73 86.34 84.01 91.65 96.36 94.07 72.61 70.29 74.97
EBT 187 308 382 393 (125) 568 659 490 574 612
EBT margin, % 19.02 26.40 29.09 27.24 (9.02) 42.18 44.89 25.67 27.90 30.30
Net income 149 216 324 327 (45) 463 524 393 461 486
Depreciation 83 86 82 84 93 96 81 63 55 50
Per share, $
Per share, $ Revenue 12.63 13.79 15.39 16.67 15.98 15.51 17.06 22.16 23.82 23.80
Earnings 1.87 2.48 3.72 3.72 (0.54) 5.23 6.00 4.51 5.30 5.70
Cash flow 4.42 4.85 5.26 4.07 4.10 6.75 9.78 5.75 7.25 6.38
Capex (0.15) (0.24) (0.59) (0.49) (0.44) (0.25) (0.34) 0.09 (0.05) (0.22)
Free cash flow 4.27 4.61 4.67 3.58 3.67 6.50 9.45 5.84 7.20 6.16
Book value 34.94 34.06 36.10 40.09 39.74 42.27 38.84 44.16 47.80 52.53
Shares, m 78 85 85 86 87 87 86 86 86 85
Valuation, ×
Valuation, × P/E 23.61 20.12 9.34 11.80 0.00 9.56 7.99 10.77 10.34 11.17
P/S 3.50 3.63 2.25 2.63 2.13 3.23 2.81 2.19 2.30 2.68
P/B 1.26 1.47 0.96 1.09 0.86 1.18 1.23 1.10 1.14 1.21
EV/Sales 3.48 3.48 2.05 2.42 1.06 0.26 2.37 1.69 1.66 2.43
EV/FCF 10.31 10.41 6.75 11.27 4.61 0.63 4.28 6.40 5.50 9.39
Cash, $m
Cash, $m Operating cash flow 344 411 449 352 355 586 842 495 626 542
Capex (12) (20) (51) (43) (38) (22) (29) 8 (4) (19)
Free cash flow 332 391 399 309 317 564 813 503 622 523
Balance, $m
Balance, $m Working capital (3,569) (4,578) (4,310) (4,817) (5,930) (6,920) (7,099) (5,904) (5,492) (5,794)
Total debt 436 306 225 233 378 244 242 236 211 199
Net debt (15) (174) (269) (309) (1,482) (3,988) (646) (952) (1,304) (496)
Shareholders’ equity 2,720 2,885 3,081 3,468 3,439 3,670 3,343 3,804 4,128 4,460
Returns, %
Returns, % ROA 0.62 0.82 1.14 1.09 (0.15) 1.29 1.46 1.11 1.30 1.38
ROIC 4.32 7.11 8.49 7.77 (3.98) 0.00 15.28 10.74 12.71 9.65
ROE 5.68 7.53 10.65 9.83 (1.36) 12.77 14.95 10.99 11.62 11.32
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Hancock Whitney Corporation vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
UBSI United Bankshares, Inc. $6.4B 12.7× 12.1× +0.89% (above 0%: growing) +11.76% (above 0%: growing) +14.62% (above 0%: growing) 70.90% 0.00% Compare
IFS Intercorp Financial Services Inc. $6.3B 15.9× — (loss-making) +18.27% (above 0%: growing) +106.49% (above 0%: growing) +720.11% (above 0%: growing) 75.55% 0.00% Compare
FNB F.N.B. Corporation $6.1B 10.3× 10.2× +0.15% (above 0%: growing) +16.67% (above 0%: growing) +183.53% (above 0%: growing) 68.59% 0.00% Compare
HWC Hancock Whitney Corporation $5.9B 14.2× 13.1× +4.02% (above 0%: growing) +18.18% (above 0%: growing) +23.30% (above 0%: growing) 77.00% 0.00%
HOMB Home BancShares, Inc. $5.8B 12.0× 11.0× +1.68% (above 0%: growing) +2.81% (above 0%: growing) +20.30% (above 0%: growing) 75.64% 0.00% Compare
GBCI Glacier Bancorp, Inc. $5.7B 18.0× 15.3× +19.14% (above 0%: growing) +66.67% (above 0%: growing) +42.03% (above 0%: growing) 78.15% 0.00% Compare
AUB Atlantic Union Bankshares Corporation $5.5B 11.4× 10.0× −2.50% (below 0%: shrinking) +825.00% (above 0%: growing) −92.37% (below 0%: shrinking) 71.98% 0.00% Compare
ASB Associated Banc-Corp $5.5B 10.1× 9.8× +14.89% (above 0%: growing) −3.03% (below 0%: shrinking) +48.78% (above 0%: growing) 64.01% 0.00% Compare
ABCB Ameris Bancorp $5.4B 14.4× 12.7× +5.42% (above 0%: growing) −51.88% (below 0%: shrinking) +31.88% (above 0%: growing) 74.25% 0.00% Compare
Median of peers $5.7B 12.3× 11.0× +3.55% +14.22% +36.96% 73.12% 0.00%

All 323 Banks Regional stocks →

Hancock Whitney Corporation (HWC) key facts

  • Concern: Hancock Whitney Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, down 1.75% from fiscal 2024.
  • Strength: Net income was $486.1 million, or $5.70 per share (basic), a net margin of 24.1%.
  • Hancock Whitney Corporation (HWC) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, HWC traded at $73.10, a market capitalization of $5.9 billion.
  • At that price the stock trades at 14.2× trailing-twelve-month earnings and 3.0× sales; its P/E is higher than 67% of its own readings over the past ten years.
  • Hancock Whitney Corporation pays an annual dividend of $1.95 per share, a yield of 2.67%, with a payout ratio of 38.2%.
  • Return on equity was 11.3% and debt-to-equity 0.04.
  • Its Piotroski F-score is 7 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Hancock Whitney Corporation (HWC) Latest News

17 Aug

stockrow.com/HWC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com