HWC Q2 2023 Earnings — Hancock Whitney Corporation Revenue & Financial Results | Market Cap Arena

HWCHancock Whitney Corporation

$5B

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$488M+43.3% YoY

Gross Profit

$349M71.5% margin

Operating Income

$147M30.2% margin

Net Income

$118M24.1% margin

EPS (Diluted)

$1.35

QoQ Revenue Growth

+7.8%

Cash Flow

Operating Cash Flow

$129M

Free Cash Flow

$116M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$36.2B

Total Liabilities

$32.7B

Stockholders' Equity

$3.6B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$488M	$341M	+43.3%
Gross Profit	$349M	$341M	+2.3%
Operating Income	$147M	$154M	-4.3%
Net Income	$118M	$121M	-3.0%

Revenue Segments

Deposit Account

$21M31%

Credit and Debit Card

$21M30%

Fiduciary and Trust

$17M25%

Investment Advisory, Management and Administrative Service

$8M12%

Mortgage Banking

$2M3%