We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Insights Into Hancock Whitney (HWC) Q1: Wall Street Projections for Key Metrics
Read MoreHide Full Article
In its upcoming report, Hancock Whitney (HWC - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.28 per share, reflecting no change compared to the same period last year. Revenues are forecasted to be $364.77 million, representing a year-over-year increase of 3%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Hancock Whitney metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Net interest margin (TE)' to reach 3.4%. The estimate compares to the year-ago value of 3.3%.
The average prediction of analysts places 'Efficiency Ratio' at 56.5%. The estimate is in contrast to the year-ago figure of 56.4%.
The collective assessment of analysts points to an estimated 'Average Balance - Total interest earning assets' of $32.32 billion. The estimate is in contrast to the year-ago figure of $32.56 billion.
Analysts predict that the 'Total nonperforming loans' will reach $105.41 million. The estimate compares to the year-ago value of $82.08 million.
Based on the collective assessment of analysts, 'Total nonperforming assets(Total nonaccrual loans + ORE and foreclosed assets)' should arrive at $138.12 million. Compared to the current estimate, the company reported $84.88 million in the same quarter of the previous year.
It is projected by analysts that the 'Total Noninterest Income' will reach $92.10 million. The estimate compares to the year-ago value of $87.85 million.
Analysts' assessment points toward 'Net interest income (TE)' reaching $276.21 million. Compared to the current estimate, the company reported $269 million in the same quarter of the previous year.
The consensus among analysts is that 'Net Interest Income' will reach $272.82 million. The estimate compares to the year-ago value of $266.17 million.
The consensus estimate for 'Bank card and ATM fees' stands at $20.92 million. The estimate compares to the year-ago value of $20.62 million.
Analysts expect 'Investment and annuity fees and insurance commissions' to come in at $12.39 million. The estimate compares to the year-ago value of $11.84 million.
According to the collective judgment of analysts, 'Other income' should come in at $13.90 million. The estimate compares to the year-ago value of $13.18 million.
The combined assessment of analysts suggests that 'Service charges on deposit accounts' will likely reach $23.28 million. Compared to the present estimate, the company reported $22.24 million in the same quarter last year.
Over the past month, shares of Hancock Whitney have returned -0.7% versus the Zacks S&P 500 composite's -5.3% change. Currently, HWC carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Insights Into Hancock Whitney (HWC) Q1: Wall Street Projections for Key Metrics
In its upcoming report, Hancock Whitney (HWC - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.28 per share, reflecting no change compared to the same period last year. Revenues are forecasted to be $364.77 million, representing a year-over-year increase of 3%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Hancock Whitney metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Net interest margin (TE)' to reach 3.4%. The estimate compares to the year-ago value of 3.3%.
The average prediction of analysts places 'Efficiency Ratio' at 56.5%. The estimate is in contrast to the year-ago figure of 56.4%.
The collective assessment of analysts points to an estimated 'Average Balance - Total interest earning assets' of $32.32 billion. The estimate is in contrast to the year-ago figure of $32.56 billion.
Analysts predict that the 'Total nonperforming loans' will reach $105.41 million. The estimate compares to the year-ago value of $82.08 million.
Based on the collective assessment of analysts, 'Total nonperforming assets(Total nonaccrual loans + ORE and foreclosed assets)' should arrive at $138.12 million. Compared to the current estimate, the company reported $84.88 million in the same quarter of the previous year.
It is projected by analysts that the 'Total Noninterest Income' will reach $92.10 million. The estimate compares to the year-ago value of $87.85 million.
Analysts' assessment points toward 'Net interest income (TE)' reaching $276.21 million. Compared to the current estimate, the company reported $269 million in the same quarter of the previous year.
The consensus among analysts is that 'Net Interest Income' will reach $272.82 million. The estimate compares to the year-ago value of $266.17 million.
The consensus estimate for 'Bank card and ATM fees' stands at $20.92 million. The estimate compares to the year-ago value of $20.62 million.
Analysts expect 'Investment and annuity fees and insurance commissions' to come in at $12.39 million. The estimate compares to the year-ago value of $11.84 million.
According to the collective judgment of analysts, 'Other income' should come in at $13.90 million. The estimate compares to the year-ago value of $13.18 million.
The combined assessment of analysts suggests that 'Service charges on deposit accounts' will likely reach $23.28 million. Compared to the present estimate, the company reported $22.24 million in the same quarter last year.
View all Key Company Metrics for Hancock Whitney here>>>
Over the past month, shares of Hancock Whitney have returned -0.7% versus the Zacks S&P 500 composite's -5.3% change. Currently, HWC carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>