Hancock Holding (HBHC) Tops Q1 EPS by 2c

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Hancock reports first quarter 2017 EPS of $.57

April 18, 2017 5:00 PM EDT

GULFPORT, Miss., April 18, 2017 (GLOBE NEWSWIRE) -- Hancock Holding Company (Nasdaq: HBHC) today announced its financial results for the first quarter of 2017. Net income for the first quarter of 2017 was $49.0 million, or $.57 per diluted common share (EPS), compared to $51.8 million, or $.64 EPS in the fourth quarter of 2016 and $3.8 million, or $.05 EPS, in the first quarter of 2016. The first quarter of 2017 includes a full quarter impact of the 6.325 million shares issued in the mid-December 2016 common stock offering ($.04 per share impact), $6.5 million of acquisition costs related to the First NBC Bank (FNBC) transaction ($.05 per... More