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Hancock Whitney: 2Q Earnings Snapshot

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HWC at https://www.zacks.com/ap/HWC