HWC Q1 2023 Earnings — Hancock Whitney Corporation Revenue & Financial Results | Market Cap Arena

HWCHancock Whitney Corporation

$5B

Q1 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$453M+41.3% YoY

Gross Profit

$359M79.3% margin

Operating Income

$158M35.0% margin

Net Income

$126M27.9% margin

EPS (Diluted)

$1.45

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

$86M

Free Cash Flow

$80M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$37.5B

Total Liabilities

$34.0B

Stockholders' Equity

$3.5B

Cash & Equivalents

$2.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$453M	$320M	+41.3%
Gross Profit	$359M	$334M	+7.3%
Operating Income	$158M	$154M	+2.5%
Net Income	$126M	$123M	+2.4%

Revenue Segments

Credit and Debit Card

$21M30%

Deposit Account

$21M30%

Fiduciary and Trust

$17M24%

Investment Advisory, Management and Administrative Service

$9M13%

Mortgage Banking

$2M3%