Hancock Whitney Q2 EPS rises to $1.31 from $1.24 in Q1; net income $114.6 million
Hancock Whitney reported second-quarter 2024 net income of $114.6 million, or $1.31 per diluted share, up from $108.6 million, or $1.24 per share, in the first quarter. The first quarter included a $3.8 million FDIC special assessment charge, and the second quarter had none; year-over-year, net income was below the $117.8 million, or $1.35 per share, reported for the second quarter of 2023. Total deposits fell $575.2 million in the quarter, and management expects modest net interest margin expansion in the second half of 2024.
Key points
- Diluted EPS of $1.31 versus $1.24 in the first quarter of 2024 and $1.35 in the second quarter of 2023
- Net interest margin (TE) of 3.37%, up 5 basis points from 3.32% in the first quarter
- Total deposits of $29.2 billion at June 30, 2024, down $575.2 million from March 31, 2024
- Quarterly cash dividend raised to $0.40 per share from $0.30; repurchased 312,993 shares at an average price of $46.69
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits 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 July 16, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.