Hancock Whitney Q1 EPS $1.24, up from $0.58 in Q4 but down from $1.45 a year earlier
Hancock Whitney reported first-quarter 2024 net income of $108.6 million, or $1.24 per diluted share, compared with $50.6 million, or $0.58, in the fourth quarter of 2023. Compared with the first quarter of 2023, when net income was $126.5 million, or $1.45 per share, profit declined, and adjusted pre-provision net revenue fell 3% from the prior quarter. The results matter to shareholders because the quarter-over-quarter gain was largely driven by the absence of fourth-quarter charges, while the year-over-year decline shows lower earnings.
Key points
- Net income was $108.6 million, or $1.24 per diluted share, versus $50.6 million, or $0.58, in Q4 2023 and $126.5 million, or $1.45, in Q1 2023.
- Excluding supplemental disclosure items, EPS was $1.28, up $0.02 from the prior quarter.
- Adjusted pre-provision net revenue was $152.9 million, down $4.6 million, or 3%, linked-quarter.
- Management expects 2024 period-end loan and deposit growth to be low single digits compared with year-end 2023.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.