Hancock Whitney Corporation (HWC) Tops Q1 EPS by 4c

Go back to Hancock Whitney Corporation (HWC) Tops Q1 EPS by 4c

Hancock Whitney reports first quarter 2019 EPS of $.91

April 16, 2019 5:00 PM EDT

GULFPORT, Miss., April 16, 2019 (GLOBE NEWSWIRE) -- Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the first quarter of 2019. Net income for the first quarter of 2019 was $79.2 million, or $.91 per diluted common share (EPS), compared to $96.2 million, or $1.10 EPS, in the fourth quarter of 2018 and $72.5 million, or $.83 EPS, in the first quarter of 2018. The first quarter of 2019 included a $10.1 million ($.09 per share after-tax impact) provision for loan losses related to the previously disclosed alleged fraud related to DC Solar. The fourth quarter of 2018 included $1.9 million ($.02 per share impact) of nonoperating items... More