Hancock Whitney Reports Q3 Earnings Amid Acquisition of One Florida Bank
Hancock Whitney Corporation (HWC) reported third-quarter earnings on October 20, 2026. The company recorded a net income of $110.1 million and adjusted earnings per share (EPS) of $1.66 for the quarter. These results were impacted by a pretax charge related to its acquisition of One Florida Bank in August 2026. The acquisition added $1.7 billion in loans and $1.9 billion in deposits, contributing significantly to total loan growth of 8% linked-quarter and deposit growth of 9%. Organic loan production grew at a 4% annualized rate while organic deposit growth reached 9% annually. The net interest margin expanded by five basis points to 3.61%, driven by higher asset yields. Management also revised its full-year guidance, projecting 9-9.5% growth in net interest income and 5.5-6% increase in fee income. However, the company paused share repurchases due to uncertainty around future interest rates.
Tickers: $HWC
Topics: Banking Deposit Trends Loan Growth M&A Activity
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Part of the story Hancock Whitney Reports 17% Increase in Q3 2026 Adjusted EPS (2 articles)