Hancock Whitney Q3 GAAP EPS falls to $1.36 on $30.4 million OFB deal charge
Hancock Whitney reported third quarter 2026 net income of $110.1 million, or $1.36 per diluted share, down from $127.0 million, or $1.55 per share, in the second quarter. The results include a $30.4 million pretax charge for supplemental disclosure items tied to its August 1, 2026 acquisition of OFB Bancshares; excluding those items, adjusted EPS was $1.66, up $0.11 from the prior quarter. Shareholders face a lower reported profit, a lower capital ratio, and a company that is still growing its loan and deposit base.
Key points
- Net income of $110.1 million, or $1.36 per diluted share, versus $127.0 million, or $1.55, in Q2 2026 and $127.5 million, or $1.49, in Q3 2025
- Pretax supplemental disclosure items of $30.4 million, or $0.30 per share, related to the OFB acquisition, which closed August 1, 2026
- Adjusted EPS of $1.66; loans rose $2.0 billion to $26.5 billion and deposits rose $2.5 billion to $32.2 billion
- CET1 ratio estimated at 11.53%, down from 13.19%; the company repurchased one million shares at an average price of $77.91
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.