--- title: "Hancock Whitney | 10-Q: FY2026 Q1 Revenue: USD 408.86 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285624469.md" datetime: "2026-05-07T21:31:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285624469.md) - [en](https://longbridge.com/en/news/285624469.md) - [zh-HK](https://longbridge.com/zh-HK/news/285624469.md) --- # Hancock Whitney | 10-Q: FY2026 Q1 Revenue: USD 408.86 M Revenue: As of FY2026 Q1, the actual value is USD 408.86 M. EPS: As of FY2026 Q1, the actual value is USD 0.57, missing the estimate of USD 0.9543. EBIT: As of FY2026 Q1, the actual value is USD -226.44 M. Hancock Whitney Corporation’s overall banking operations are its only reportable segment . #### Segment Revenue - **Total Interest Income**: $401,382 thousand for the three months ended March 31, 2026, compared to $395,321 thousand for the same period in 2025 . - Interest income from loans (including fees) was $331,355 thousand in Q1 2026, a slight decrease from $331,488 thousand in Q1 2025 . - Interest income from taxable securities increased to $62,125 thousand in Q1 2026 from $51,899 thousand in Q1 2025 . - **Total Noninterest Income**: $7,482 thousand for the three months ended March 31, 2026, a significant decrease from $94,791 thousand for the same period in 2025 . - This decline was primarily due to a net loss on securities transactions of - $98,595 thousand in Q1 2026, compared to no such transactions in Q1 2025 . - Trust fees increased to $24,574 thousand in Q1 2026 from $18,022 thousand in Q1 2025 . - Service charges on deposit accounts rose to $25,902 thousand in Q1 2026 from $24,119 thousand in Q1 2025 . #### Operational Metrics - **Net Interest Income**: $285,165 thousand for the three months ended March 31, 2026, up from $269,905 thousand for the same period in 2025 . - **Provision for Credit Losses**: $13,172 thousand in Q1 2026, an increase from $10,462 thousand in Q1 2025 . - **Total Noninterest Expense**: $220,748 thousand for the three months ended March 31, 2026, up from $205,059 thousand for the same period in 2025 . - Personnel expense (compensation and employee benefits) increased to $127,148 thousand in Q1 2026 from $114,347 thousand in Q1 2025 . - Data processing expense increased to $32,796 thousand in Q1 2026 from $31,250 thousand in Q1 2025 . - **Net Income**: $47,422 thousand for the three months ended March 31, 2026, a decrease from $119,504 thousand for the same period in 2025 . #### Cash Flow - **Net Cash Provided by Operating Activities**: $114,372 thousand for the three months ended March 31, 2026, compared to $104,182 thousand for the same period in 2025 . - **Net Cash Used in Investing Activities**: - $122,875 thousand in Q1 2026, a shift from $291,246 thousand provided by investing activities in Q1 2025 . - **Net Cash Provided by Financing Activities**: $1,032 thousand in Q1 2026, a significant increase from - $459,991 thousand used in financing activities in Q1 2025 . #### Unique Metrics - **Total Deposits**: $29,082,134 thousand as of March 31, 2026, a decrease from $29,279,774 thousand as of December 31, 2025 . - **Total Loans**: $23,991,840 thousand as of March 31, 2026, a slight increase from $23,958,440 thousand as of December 31, 2025 . - **Allowance for Loan Losses**: - $311,316 thousand as of March 31, 2026, compared to - $307,731 thousand as of December 31, 2025 . - **Short-term Borrowings**: $1,360,451 thousand as of March 31, 2026, up from $1,017,292 thousand as of December 31, 2025 . - **Nonaccrual Loans**: Totaled $113,343 thousand as of March 31, 2026, an increase from $106,870 thousand as of December 31, 2025 . - **Reportable Modified Loans (MEFDs)**: Totaled $142,767 thousand as of March 31, 2026, down from $162,849 thousand as of December 31, 2025 . These included weighted average term extensions of approximately eighteen months for commercial loans, two years for residential mortgage loans, and five years for consumer loans during Q1 2026 . - **Stock Buyback Program**: During the three months ended March 31, 2026, Hancock Whitney Corporation repurchased 1.4 million shares of its common stock at an average cost of $67.58 per share . #### Future Outlook and Strategy Hancock Whitney Corporation’s allowance for credit losses methodology for March 31, 2026, weighted Moody’s March 2026 baseline economic forecast at 40% and the downside mild recessionary S-2 scenario at 60% . The S-2 scenario anticipates a mild recession starting in Q2 2026 and lasting three quarters due to heightened geopolitical and trade disruptions, higher tariffs, elevated oil prices, and increased global uncertainty . The Board of Directors approved a stock buyback program effective January 1, 2026, authorizing the repurchase of up to 5% of outstanding common stock (approximately 4.1 million shares) through December 31, 2026 . 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