Hancock Whitney Corporation (HWC) Income Statement
HWC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHWC revenue and net income
Where HWC's revenue goes
2025Each bar shows an amount and its share of revenue. HWC kept 24.1% of revenue as net income.
HWC profit margins
HWC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.5% | +11.3% | +7.9% | +8.1% |
| Gross profit | +6.4% | +1.6% | +17.3% | +6.4% |
| Operating income | +9.0% | −1.7% | — | +13.9% |
| Net income | +5.5% | −2.5% | — | +14.0% |
| EPS (diluted) | +6.8% | −1.7% | +44.6% | +12.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HWC quarterly EPS vs estimates
Hancock Whitney beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 20, 2026 (estimate $1.65).
HWC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.02B | $2.05B | $1.89B | $1.47B | $1.35B | $1.38B | $1.44B | $1.29B | $1.16B | $981.1M |
| Cost of revenue | $543.9M | $663.2M | $582.0M | $58.7M | −$28.5M | $718.4M | $278.3M | $215.5M | $167.2M | $183.7M |
| Gross profit | $1.47B | $1.39B | $1.31B | $1.41B | $1.37B | $664.0M | $1.16B | $1.07B | $993.6M | $797.3M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $467.8M | $488.8M | $510.8M | $459.6M | $482.5M | $470.7M | $551.8M | $515.3M | $496.0M | $444.3M |
| Total operating expenses | $848.7M | $812.1M | $817.5M | $747.6M | $805.6M | $788.8M | $770.7M | $691.1M | $685.2M | $610.4M |
| Operating income | $625.5M | $574.0M | $490.1M | $659.2M | $568.1M | −$124.7M | $392.7M | $382.1M | $308.4M | $186.9M |
| Interest income | $1.61B | $1.69B | $1.54B | $1.14B | $982.3M | $1.06B | $1.13B | $1.03B | $900.6M | $732.2M |
| Interest expense | $507.9M | $611.1M | $522.9M | $87.1M | $49.0M | $115.5M | $230.6M | $179.4M | $108.3M | $73.1M |
| Income before taxes | $612.4M | $574.0M | $490.1M | $659.2M | $568.1M | −$124.7M | $392.7M | $382.1M | $308.4M | $186.9M |
| Income taxes | $126.3M | $113.2M | $97.5M | $135.1M | $104.8M | −$79.6M | $65.4M | $58.3M | $92.8M | $37.6M |
| Net income | $486.1M | $460.8M | $392.6M | $524.1M | $463.2M | −$45.2M | $327.4M | $323.8M | $215.6M | $149.3M |
| EBITDA | $662.8M | $615.7M | $536.4M | $704.8M | $613.8M | −$74.7M | $444.5M | $430.7M | $359.0M | $235.1M |
| EPS (diluted) | $5.68 | $5.32 | $4.50 | $5.98 | $5.54 | $0.90 | $4.10 | $3.99 | $2.89 | $1.91 |
| Gross margin | 73.1% | 67.6% | 69.2% | 96.0% | 102.1% | 48.0% | 80.7% | 83.3% | 85.6% | 81.3% |
| Operating margin | 31.0% | 28.0% | 25.9% | 45.0% | 42.2% | −9.0% | 27.2% | 29.7% | 26.6% | 19.1% |
| Net margin | 24.1% | 22.5% | 20.8% | 35.8% | 34.4% | −3.3% | 22.7% | 25.1% | 18.6% | 15.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $521.2M | $408.9M | $514.8M | $515.0M | $500.1M | $488.3M | $504.4M | $522.4M | $515.7M | $506.8M | $446.4M | $500.5M |
| Cost of revenue | $133.7M | $129.4M | $125.5M | $141.9M | $140.5M | $135.9M | $152.6M | $176.3M | $165.8M | $168.5M | $174.3M | $175.1M |
| Gross profit | $387.6M | $279.5M | $389.3M | $373.1M | $359.5M | $352.4M | $351.8M | $346.2M | $349.8M | $338.3M | $272.1M | $325.4M |
| Sales, general & admin | $148.5M | $144.4M | $122.5M | $106.4M | $120.4M | $118.5M | $116.9M | $120.2M | $123.5M | $128.2M | $145.9M | $122.5M |
| Total operating expenses | $225.4M | $220.7M | $217.8M | $212.8M | $214.9M | $203.2M | $201.3M | $200.9M | $205.0M | $204.9M | $209.8M | $203.4M |
| Operating income | $162.2M | $58.7M | $171.5M | $160.3M | $144.6M | $149.2M | $150.5M | $145.3M | $144.9M | $133.3M | $62.3M | $122.0M |
| Interest income | $412.9M | $401.4M | $407.7M | $409.0M | $402.6M | $395.3M | $414.3M | $429.5M | $427.5M | $421.7M | $426.8M | $415.8M |
| Interest expense | $119.9M | $116.2M | $125.5M | $131.4M | $125.6M | $125.4M | $140.7M | $157.7M | $157.1M | $155.5M | $157.3M | $146.6M |
| Income before taxes | $162.2M | $58.7M | $158.3M | $160.3M | $144.6M | $149.2M | $150.5M | $145.3M | $144.9M | $133.3M | $62.3M | $122.0M |
| Income taxes | $35.2M | $11.3M | $32.7M | $32.9M | $31.0M | $29.7M | $28.4M | $29.7M | $30.3M | $24.7M | $11.7M | $24.3M |
| Net income | $127.0M | $47.4M | $125.6M | $127.5M | $113.5M | $119.5M | $122.1M | $115.6M | $114.6M | $108.6M | $50.6M | $97.7M |
| EBITDA | $170.7M | $67.6M | $180.3M | $168.3M | $154.3M | $159.1M | $160.5M | $155.7M | $155.4M | $144.0M | $73.5M | $133.5M |
| EPS (diluted) | $1.55 | $1.52 | $1.49 | $1.49 | $1.32 | $1.38 | $1.40 | $1.33 | $1.31 | $1.28 | $0.58 | $1.12 |
| Gross margin | 74.4% | 68.4% | 75.6% | 72.4% | 71.9% | 72.2% | 69.7% | 66.3% | 67.8% | 66.8% | 61.0% | 65.0% |
| Operating margin | 31.1% | 14.4% | 33.3% | 31.1% | 28.9% | 30.6% | 29.8% | 27.8% | 28.1% | 26.3% | 14.0% | 24.4% |
| Net margin | 24.4% | 11.6% | 24.4% | 24.7% | 22.7% | 24.5% | 24.2% | 22.1% | 22.2% | 21.4% | 11.3% | 19.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HWC's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HWC financial results
In fiscal year 2025 (ended December 31, 2025), Hancock Whitney reported revenue of $2.0 billion, down 1.5% from the year before. It had net income of $486.1 million (up 5.5%), a net profit margin of 24.1%. Diluted earnings per share came to $5.68. Over five years revenue grew at an average rate of 7.9% a year.
See the HWC stock overview for the latest quote and news, or the HWC chart for price history and technical indicators.
HWC income statement FAQ
What is Hancock Whitney's annual revenue?
Hancock Whitney reported total revenue of $2.0 billion for fiscal year 2025, which ended on December 31, 2025. That was down 1.5% from $2.0 billion the previous year.
Is Hancock Whitney profitable?
Yes. Hancock Whitney reported net income of $486.1 million in fiscal 2025, a net profit margin of 24.1%; its operating margin was 31.0%.
What is Hancock Whitney's gross margin?
Hancock Whitney's gross margin was 73.1% in fiscal 2025: for every $100 of revenue, Hancock Whitney kept $73 after the direct cost of its products and services.
How fast is Hancock Whitney growing?
Revenue grew 7.9% a year on average over the last five fiscal years, from $1.4 billion to $2.0 billion.
What are Hancock Whitney's earnings per share?
Hancock Whitney earned $5.68 per diluted share in fiscal 2025, compared with $5.32 a year earlier.
When will Hancock Whitney report its next earnings?
Hancock Whitney is expected to report results for the quarter ending September 30, 2026 on October 20, 2026 after the market closes.
When does Hancock Whitney's fiscal year end?
Hancock Whitney's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.