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Hancock Holding Company

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Hancock’s shares have significantly outpaced the Zacks categorized Southeast Bank industry in the last one year. The company’ initiatives to streamline business are expected to reduce costs and improve efficiency. Further, the company's efforts to upgrade online banking facility are expected to lower expenses in the quarters ahead. Though stressed margins and exposure to residential mortgage, construction and land development loan portfolios remain near term concerns, the bank's strategic initiatives by making several investments are expected to accelerate revenue generation going forward. Notably, the company’s deal to acquire loans and branches of First NBC Bank is expected to add approximately $26 million of incremental annual earnings once completed.

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