Hancock Whitney Corporation (HWC) Tops Q1 EPS by 25c

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Go back to Hancock Whitney Corporation (HWC) Tops Q1 EPS by 25c

Hancock Whitney Reports First Quarter 2021 EPS of $1.21

April 20, 2021 4:00 PM EDT

Results include a modest reserve release and the impact from recent stimulus programs

GULFPORT, Miss.--(BUSINESS WIRE)-- Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the first quarter of 2021. Net income for the first quarter of 2021 was $107.2 million, or $1.21 per diluted common share (EPS), compared to $103.6 million, or $1.17 per diluted common share, in the fourth quarter of 2020. The company reported a net loss for the first quarter of 2020 of $111.0 million, or ($1.28) per diluted common share resulting from a COVID-19 reserve build.

First Quarter 2021... More