GULFPORT, Miss. (AP) _ Hancock Whitney Corporation (HWC) on Tuesday reported second-quarter net income of $88.3 million.
The Gulfport, Mississippi-based bank said it had earnings of $1.01 per share.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $1.01 per share.
The holding company of Whitney Bank and Hancock Bank posted revenue of $359.6 million in the period. Its revenue net of interest expense was $299.1 million, exceeding Street forecasts. Five analysts surveyed by Zacks expected $294 million.
Hancock Whitney shares have increased 12% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $38.71, a fall of 20% in the last 12 months.