Business Wire·Oct 20, 2026, 4:00 PM ET

Hancock Whitney Reports Third Quarter 2026 EPS of $1.36

Hancock Whitney reported third-quarter 2026 net income of $110.1 million ($1.36 per diluted share), down from $127.0 million ($1.55 per share) in the prior quarter.
The company closed the acquisition of OFB Bancshares, Inc. (parent of One Florida Bank) on August 1, 2026.
A $30.4 million pretax charge related to OFB acquisition disclosure items reduced reported EPS by $0.30; adjusted EPS excluding these items was $1.66.
Adjusted pre-provision net revenue (PPNR) increased 6% to $189.3 million.
Total loans grew by $2.0 billion to $26.5 billion, with $1.7 billion attributed to the OFB acquisition.
Total deposits increased by $2.5 billion to $32.2 billion, including $1.9 billion from OFB.
Net interest margin (TE) expanded 5 basis points to 3.61%.
The efficiency ratio improved to 54.46%, down 85 basis points from the previous quarter.
Criticized commercial loans decreased to $485.3 million, while nonaccrual loans increased to $133.3 million.
The allowance for credit losses (ACL) coverage ratio remained stable at 1.42%.
Capital ratios declined compared to the prior quarter, with CET1 at 11.53% and TCE at 8.05%.
The company repurchased one million shares of common stock during the quarter under its existing buyback program.
Noninterest expense rose 16% to $262.0 million, driven by $29.4 million in acquisition-related disclosure items.
Management confirmed strong loan and deposit growth while maintaining a robust asset quality position.