HWC (Hancock Whitney Corporation) Stock Financials & Earnings | Market Cap Arena

HWC (Hancock Whitney Corporation) Stock Financials & Earnings | Market Cap Arena

HWCHancock Whitney Corporation

Mkt Cap$5B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Revenue (TTM)$2.0B

Net Income (TTM)$486M

EPS (TTM)$5.68

Free Cash Flow (TTM)$396M

Gross Margin73.1%

Op. Margin31.0%

Net Margin24.1%

FCF Margin19.6%

P/S Ratio (TTM)2.6x

P/E Ratio (TTM)10.9x

YoY Rev Growth-1.5%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$453M	$359M	$158M
Q2 23	$488M	$349M	$147M
Q3 23	$501M	$325M	$122M
Q4 23	$446M	$272M	$62M
Q1 24	$507M	$338M	$133M
Q2 24	$516M	$350M	$145M
Q3 24	$522M	$346M	$145M
Q4 24	$504M	$352M	$151M
Q1 25	$488M	$352M	$149M
Q2 25	$500M	$360M	$145M
Q3 25	$515M	$373M	$160M
Q4 25	$515M	$389M	$171M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	3.3x	10.0x
Q2 23	3.0x	10.1x
Q3 23	2.8x	10.9x
Q4 23	2.8x	13.5x
Q1 24	2.7x	14.1x
Q2 24	2.7x	14.2x
Q3 24	2.7x	13.6x
Q4 24	2.6x	11.5x
Q1 25	2.6x	11.2x
Q2 25	2.6x	11.2x
Q3 25	2.6x	11.0x
Q4 25	2.6x	10.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$86M	$80M
Q2 23	$129M	$116M
Q3 23	$188M	$181M
Q4 23	$93M	$92M
Q1 24	$167M	$164M
Q2 24	$105M	$104M
Q3 24	$162M	$159M
Q4 24	$192M	$189M
Q1 25	$104M	$100M
Q2 25	$126M	$122M
Q3 25	$159M	$155M
Q4 25	$8M	$19M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$5M
Q2 23	$13M
Q3 23	$6M
Q4 23	$453K
Q1 24	$2M
Q2 24	$1M
Q3 24	$4M
Q4 24	$3M
Q1 25	$4M
Q2 25	$4M
Q3 25	$4M
Q4 25	$12M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+41.3%	+77.5%
Q2 23	+43.3%	+82.6%
Q3 23	+30.0%	+76.6%
Q4 23	+5.6%	+58.2%
Q1 24	+12.0%	+27.0%
Q2 24	+5.7%	+8.9%
Q3 24	+4.4%	-0.3%
Q4 24	+13.0%	-7.8%
Q1 25	-3.7%	-9.2%
Q2 25	-3.0%	-4.1%
Q3 25	-1.4%	-6.0%
Q4 25	+2.1%	-3.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$6M	1.3%
Q2 23	$6M	1.3%
Q3 23	$6M	1.3%
Q4 23	$6M	1.3%
Q1 24	$6M	1.1%
Q2 24	$6M	1.2%
Q3 24	$5M	1.0%
Q4 24	$6M	1.1%
Q1 25	$6M	1.2%
Q2 25	$6M	1.2%
Q3 25	$6M	1.3%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$118M	$3M
Q2 23	$118M	$3M
Q3 23	$119M	$4M
Q4 23	$143M	$3M
Q1 24	$125M	$3M
Q2 24	$120M	$3M
Q3 24	$117M	$3M
Q4 24	$113M	$4M
Q1 25	$115M	$3M
Q2 25	$117M	$3M
Q3 25	$53M	$53M
Q4 25	$123M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$2.9B	$5.6B	$8.4B
Q2 23	$1.2B	$5.4B	$6.7B
Q3 23	$1.4B	$5.2B	$6.5B
Q4 23	$1.2B	$4.9B	$6.1B
Q1 24	$853M	$4.9B	$5.8B
Q2 24	$1.1B	$5.0B	$6.0B
Q3 24	$1.4B	$5.3B	$6.7B
Q4 24	$1.5B	$5.2B	$6.7B
Q1 25	$1.4B	$5.3B	$6.7B
Q2 25	$1.1B	$5.6B	$6.8B
Q3 25	$1.4B	$166M	$1.6B
Q4 25	$563M	$132M	$695M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	87M	+0.1%
Q2 23	87M	+0.0%
Q3 23	86M	-0.9%
Q4 23	87M	+0.2%
Q1 24	87M	+0.1%
Q2 24	87M	+0.0%
Q3 24	87M	-0.2%
Q4 24	87M	+0.0%
Q1 25	86M	-0.2%
Q2 25	86M	-0.3%
Q3 25	85M	-0.9%
Q4 25	84M	-1.4%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$246K	4K
FY 15	$235K	4K
FY 16	$263K	4K
FY 17	$299K	4K
FY 18	$328K	4K
FY 19	$349K	4K
FY 20	$347K	4K
FY 21	$386K	3K
FY 22	$404K	4K
FY 23	$521K	4K
FY 24	$571K	4K
FY 25	$556K	4K