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Hancock Whitney's Q4'18 net income increases more than 73% YOY

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Hancock Whitney's Q4'18 net income increases more than 73% YOY

Gulfport, Miss.-based Hancock Whitney Corp. posted 2018 fourth-quarter net income of $96.2 million, or $1.10 per share, compared to net income of $55.4 million, or 64 cents per share, a year earlier.

The S&P Global Market Intelligence consensus estimate for normalized EPS for the latest quarter was $1.12.

Total loans stood at $20.03 billion, compared with $19.54 billion in the linked quarter and $19.00 billion in the year-ago period.

Total deposits were $23.15 billion, compared with $22.42 billion in the preceding quarter and $22.25 billion in the year-earlier period.

Net income for the full year was $323.8 million, or $3.72 per share, compared to $215.6 million, or $2.48 per share, in the previous year. The S&P Global Market Intelligence consensus estimate for normalized EPS for the year was $3.98.