Hancock Whitney reports Q3 2026 earnings with mixed GAAP results and strong adjusted performance
Hancock Whitney Corp. posted third‑quarter 2026 net income of $110.1 million, or $1.36 per diluted share on a GAAP basis, missing analysts’ estimates. Adjusted earnings were $1.66 per share, reflecting a $30.4 million pretax charge related to the August 1 acquisition of One Florida Bank. Loans grew by $2.0 billion and deposits by $2.5 billion, while net interest margin expanded to 3.61 %. The board repurchased 1 million shares during the quarter.
Why it matters
The GAAP EPS miss may pressure the stock, while the adjusted EPS of $1.66 shows underlying profitability after acquisition costs (the 8‑K release says). The loan and deposit growth and higher NIM support the company’s outlook for low double‑digit balance‑sheet growth for the full year.
Key facts
- 1GAAP net income was $110.1 million, or $1.36 per diluted share, versus $127.0 million, or $1.55 per share, in Q2. sec.gov
- 2Adjusted EPS was $1.66, up $0.11 linked‑quarter, excluding a $30.4 million pretax charge from the One Florida Bank acquisition. sec.gov
- 3Loans increased $2.0 billion quarter‑over‑quarter. sec.gov
- 4Deposits increased $2.5 billion quarter‑over‑quarter. sec.gov
- 5Net interest margin (NIM) was 3.61%, up 5 basis points from the prior quarter. sec.gov
- 6CET1 ratio was 11.53%, down from 13.19% in the prior quarter. sec.gov
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.