Hancock Holding (HBHC) Misses Q2 EPS by 9c

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Hancock reports second quarter 2017 EPS of $.60

July 18, 2017 5:00 PM EDT

GULFPORT, Miss., July 18, 2017 (GLOBE NEWSWIRE) -- Hancock Holding Company (Nasdaq: HBHC) today announced its financial results for the second quarter of 2017. Net income for the second quarter of 2017 was $52.3 million, or $.60 per diluted common share (EPS), compared to $49.0 million, or $.57 EPS in the first quarter of 2017 and $46.9 million, or $.59 EPS, in the second quarter of 2016. The second quarter of 2017 includes nonoperating expenses related to the FNBC I and II transactions of approximately $4.0 million ($.03 per share impact), and a $6.6 million ($.05 per share) expense related to the termination of Hancocks loss share... More