HWCHancock Whitney Corporation

$5B

Q3 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$501M+30.0% YoY

Gross Profit

$325M65.0% margin

Operating Income

$122M24.4% margin

Net Income

$98M19.5% margin

EPS (Diluted)

$1.12

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$188M

Free Cash Flow

$181M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$36.3B

Total Liabilities

$32.8B

Stockholders' Equity

$3.5B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$501M	$385M	+30.0%
Gross Profit	$325M	$364M	-10.7%
Operating Income	$122M	$171M	-28.5%
Net Income	$98M	$135M	-27.8%

Revenue Segments

Deposit Account

$22M32%

Credit and Debit Card

$21M29%

Fiduciary and Trust

$17M24%

Investment Advisory, Management and Administrative Service

$9M12%

Mortgage Banking

$3M4%

HWC Q3 2023 Earnings — Hancock Whitney Corporation Revenue & Financial Results | Market Cap Arena