Mergers & Acquisitions ·
Hancock Whitney Corporation reported second quarter 2026 net income of $127.0 million, or $1.55 per diluted share…
HWCPZHancock Whitney Corp
Hancock Whitney Corporation reported second quarter 2026 net income of $127.0 million, or $1.55 per diluted share, compared to $47.4 million ($0.57 per share) in the first quarter. The company announced the acquisition of One Florida Bank for $377.6 million in cash, with an expected closing date of August 1, 2026. Key financial metrics include total loans of $24.6 billion and total deposits of $29.6 billion. During the quarter, the company repurchased 712,966 shares at an average price of $68.28 per share. The company also reported a net interest margin of 3.56% and an efficiency ratio of 55.31%. Hancock Whitney is a financial services company providing banking, trust, and investment services.