For the quarter ended September 2024, Hancock Whitney (HWC) reported income of $367.66 million, up 3.5% over the identical interval final 12 months. EPS got here in at $1.33, in comparison with $1.12 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $363.54 million, representing a shock of +1.13%. The corporate delivered an EPS shock of +1.53%, with the consensus EPS estimate being $1.31.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers challenge a inventory’s value efficiency extra precisely.
Right here is how Hancock Whitney carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Effectivity Ratio: 54.4% versus the five-analyst common estimate of 56.9%.
- Web curiosity margin (TE): 3.4% in comparison with the three.4% common estimate based mostly on 5 analysts.
- Common Stability – Whole curiosity incomes belongings: $32.26 billion versus the four-analyst common estimate of $32.45 billion.
- Whole web charge-offs as a share of common loans: 0.3% versus 0.2% estimated by 4 analysts on common.
- Whole nonperforming belongings: $110.60 million versus the two-analyst common estimate of $91.34 million.
- Whole nonperforming loans: $82.87 million in comparison with the $89.06 million common estimate based mostly on two analysts.
- Whole Noninterest Revenue: $95.90 million versus $89.47 million estimated by 5 analysts on common.
- Web curiosity revenue (TE): $274.46 million versus the five-analyst common estimate of $277.21 million.
- Web Curiosity Revenue: $271.76 million in comparison with the $273.79 million common estimate based mostly on 4 analysts.
- Secondary mortgage market operations: $3.38 million versus $3.58 million estimated by two analysts on common.
- Different revenue: $18.83 million versus the two-analyst common estimate of $14.30 million.
- Financial institution card and ATM charges: $21.64 million in comparison with the $22.01 million common estimate based mostly on two analysts.
View all Key Company Metrics for Hancock Whitney here>>>
Shares of Hancock Whitney have returned +5.9% over the previous month versus the Zacks S&P 500 composite’s +4.3% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.
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