HWC Q1 2024 Earnings — Hancock Whitney Corporation Revenue & Financial Results | Market Cap Arena

HWCHancock Whitney Corporation

$5B

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$507M+12.0% YoY

Gross Profit

$338M66.8% margin

Operating Income

$133M26.3% margin

Net Income

$109M21.4% margin

EPS (Diluted)

$1.24

QoQ Revenue Growth

+13.5%

Cash Flow

Operating Cash Flow

$167M

Free Cash Flow

$164M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$35.2B

Total Liabilities

$31.4B

Stockholders' Equity

$3.9B

Cash & Equivalents

$853M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$507M	$453M	+12.0%
Gross Profit	$338M	$359M	-5.7%
Operating Income	$133M	$158M	-15.8%
Net Income	$109M	$126M	-14.1%

Revenue Segments

Deposit Account

$22M30%

Credit and Debit Card

$21M28%

Fiduciary and Trust

$17M23%

Investment Advisory, Management and Administrative Service

$12M16%

Mortgage Banking

$3M4%