HWC Q4 2023 Earnings — Hancock Whitney Corporation Revenue & Financial Results | Market Cap Arena

HWCHancock Whitney Corporation

$5B

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$446M+5.6% YoY

Gross Profit

$272M61.0% margin

Operating Income

$62M14.0% margin

Net Income

$51M11.3% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-10.8%

Cash Flow

Operating Cash Flow

$93M

Free Cash Flow

$92M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$35.6B

Total Liabilities

$31.8B

Stockholders' Equity

$3.8B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$446M	$423M	+5.6%
Gross Profit	$272M	$370M	-26.5%
Operating Income	$62M	$180M	-65.4%
Net Income	$51M	$144M	-64.8%

Revenue Segments

Deposit Account

$22M30%

Credit and Debit Card

$21M29%

Fiduciary and Trust

$17M23%

Investment Advisory, Management and Administrative Service

$11M15%

Mortgage Banking

$2M3%