Hancock Whitney (HWC) Q2 FY2026 earnings: revenue $401 million, up 6.9% on the year

Hancock Whitney Corp. (HWC) reported revenue of $401 million for Q2 FY2026, the quarter ended 30 June 2026, up 6.9% on the same quarter a year earlier. Net income was $127 million, up 11.8% on the year, and diluted earnings per share $1.55. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue$401 millionup 6.9%

Net income$127 millionup 11.8%

Diluted EPS$1.55

QuarterQ2 FY2026ended 30 June 2026

The quarter, against the one before and a year earlier

Line	Q2 FY2026	Q1 FY2026	Q2 FY2025	Change on the year
Revenue	401	293	375	+6.9%
Pre-tax income	162	58.7	145	+12.2%
Income tax	35.2	11.3	31.0	+13.3%
Effective tax rate	21.7%	19.3%	21.5%
Net income	127	47.4	114	+11.8%
Net margin	31.6%	16.2%	30.2%
Diluted EPS	$1.55	$0.57	$1.32	+17.4%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

Line	Q2 FY2026	Q1 FY2026	Q2 FY2025	Change on the year
Operating cash flow	151	114	126	+20.3%
Capital expenditure	0.9	5.9	3.8	-77.4%
Free cash flow	150	108	122	+23.3%
Cash from investing	-807	-123	-400	n/a
Cash from financing	672	1.0	277	+142.8%
Depreciation and amortisation	6.3	6.3	7.2	-12.3%
Share-based compensation	7.0	5.6	6.0	+16.3%
Buybacks	46.5	94.6	39.4	+17.8%
Dividends paid	40.5	42.1	38.7	+4.8%
Dividend per share	$0.50	$0.50	$0.45	+11.1%
Diluted shares, weighted	81m	82m	86m	-5.2%
Shares outstanding at period end	80m	81m	85m	-5.7%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

Line	Q2 FY2026	Q1 FY2026	Q2 FY2025	Change on the year
Shareholders' equity	4,444	4,420	4,365	+1.8%
Deposits	29,630	29,082	29,047	+2.0%
Short-term borrowings	1,571	1,360	1,045	+50.3%
Debt	194	194	211	-8.0%
Other liabilities	507	486	545	-6.9%
Total liabilities and equity	36,346	35,542	35,213	+3.2%
Fixed assets	255	261	263	-3.1%
Goodwill	925	925	925	+0.0%
Intangible assets	62.3	64.5	72.4	-13.9%
Securities held for sale or to maturity	7,891	8,028	7,868	+0.3%
Trading assets	0.0	0.0	0.0	n/a
Cash and equivalents	572	556	513	+11.6%
Other assets	26,640	25,708	25,571	+4.2%
Total assets	36,346	35,542	35,213	+3.2%

Quarterly results, the last 12 quarters

	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	355	308	354	360	368	365	365	375	386	389	293	401
Interest expense	147	157	156	157	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pre-tax income	122	62.3	133	145	145	151	149	145	160	158	58.7	162
Tax rate	20%	19%	19%	21%	20%	19%	20%	21%	21%	21%	19%	22%
Net income	97.7	50.6	109	115	116	122	120	114	127	126	47.4	127
Net margin	28%	16%	31%	32%	31%	33%	33%	30%	33%	32%	16%	32%
Diluted EPS	$1.12	$0.58	$1.24	$1.31	$1.33	$1.40	$1.38	$1.32	$1.49	$1.49	$0.57	$1.55
Operating cash flow	188	92.8	167	105	162	192	104	126	159	153	114	151
Capital expenditure	6.3	0.5	2.3	1.3	3.9	2.7	4.0	3.8	3.8	7.1	5.9	0.9
Free cash flow	181	92.4	164	104	159	189	100	122	155	146	108	150
Buybacks	0.0	n/a	0.0	14.6	15.2	7.9	20.7	39.4	40.1	147	94.6	46.5
Dividends paid	26.2	26.2	26.5	34.9	34.8	34.7	39.6	38.7	38.4	37.2	42.1	40.5
Shares outstanding	86m	86m	87m	86m	86m	86m	86m	85m	85m	82m	81m	80m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Source

10-Q for the period ended 30 June 2026, filed 7 August 2026, accession 0001193125-26-338672: the filing on EDGAR. All of Hancock Whitney Corp.'s filings: EDGAR company page.

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