GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hancock Whitney Corp (NAS:HWC) » Definitions » Net Income

Hancock Whitney (Hancock Whitney) Net Income : $375 Mil (TTM As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Hancock Whitney Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Hancock Whitney's Net Income for the three months ended in Mar. 2024 was $109 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $375 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hancock Whitney's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $1.25.


Hancock Whitney Net Income Historical Data

The historical data trend for Hancock Whitney's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hancock Whitney Net Income Chart

Hancock Whitney Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 327.38 -45.17 463.22 524.09 392.60

Hancock Whitney Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 126.47 117.79 97.74 50.60 108.61

Hancock Whitney Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Hancock Whitney's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=490.128+-97.526+0+0
=393

Hancock Whitney's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=133.332+-24.72+0+0
=109

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $375 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hancock Whitney  (NAS:HWC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Hancock Whitney's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Hancock Whitney Net Income Related Terms

Thank you for viewing the detailed overview of Hancock Whitney's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Hancock Whitney (Hancock Whitney) Business Description

Traded in Other Exchanges
Address
2510 14th Street, Hancock Whitney Plaza, Gulfport, MS, USA, 39501
Hancock Whitney Corp operates bank offices and financial centers. The company offers financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee.
Executives
Joseh S Exnicios officer: President - Whitney Bank 228 ST CHARLES AVE, NEW ORLEANS LA 70130
Carleton Richard Wilkins director P.O. BOX 4019, GULFPORT MS 39502
John M Hairston officer: Chief Operations Officer P O BOX 4019, GULFPORT MS 39502
Knight Cecil W. Jr officer: Chief Banking Officer P.O. BOX 4019, GULFPORT MS 35902
Michael M Achary officer: Sr. VP & Corp. Treasurer P.O. BOX 4019, GULFPORT MS 39502
Lane Harry Merritt Iii director 835 UNION STREET, NEW ORLEANS LA 70112
Joan Cahill Teofilo director P.O. BOX 4019, GULFPORT MS 39502
Sonia Perez director 127 FLYNT ROAD, LAUREL MS 39443
Christine L Smilek director P O BOX 4019, GULFPORT MS 39502
Christopher S Ziluca officer: Chief Credit Officer PO BOX 4019, GULFPORT MS 39502
Suzette K Kent director P.O. BOX 4019, GULFPORT MS 39502
James H Horne director P O BOX 4019, GULFPORT MS 39502
Dean Liollio director 333 CLAY STREET, STE 1500, HOUSTON TX 77002
Michael Otero officer: Chief Risk Officer PO BOX 4019, GULFPORT MS 39502
Ruena H Wetzel officer: Chief HR Officer PO BOX 4019, GULFPORT MS 39502