Hancock Whitney (HWC) financial statements
Hancock Whitney reported revenue of $1.5B in fiscal 2025, up 5.8% a year over 9 years.
Net income was $486M.
Free cash flow was $523M, and the company returned $154M in dividends and $247M in net buybacks.
The diluted share count rose 10% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Hancock Whitney's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $910M | $1.1B | $1.1B | $1.2B | $1.3B | $1.3B | $1.4B | $1.4B | $1.4B | $1.5B |
| Interest expense | $73M | $108M | $179M | $231M | $115M | $49M | $87M | $523M | — | — |
| Pre-tax income | $187M | $308M | $382M | $393M | -$125M | $568M | $659M | $490M | $574M | $612M |
| Income tax | $38M | $93M | $58M | $65M | -$80M | $105M | $135M | $98M | $113M | $126M |
| Net income | $149M | $216M | $324M | $327M | -$45M | $463M | $524M | $393M | $461M | $486M |
| EPS (diluted) | $1.87 | $2.48 | $3.72 | $3.72 | -$0.54 | $5.22 | $5.98 | $4.50 | $5.28 | $5.67 |
| Diluted shares | 78M | 85M | 86M | 87M | 87M | 87M | 86M | 86M | 87M | 85M |
| Net margin | 16.4% | 20.3% | 28.6% | 27.0% | -3.6% | 35.7% | 37.9% | 28.3% | 31.9% | 32.1% |
Balance sheet
Fiscal years, from Hancock Whitney's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $373M | $387M | $383M | $432M | $526M | $401M | $564M | $561M | $575M | $563M |
| Property, plant and equipment | $362M | $334M | $354M | $380M | $381M | $350M | $329M | $302M | $280M | $261M |
| Goodwill | $621M | $746M | $791M | $855M | $855M | $855M | $855M | $855M | $855M | $925M |
| Total assets | $24.0B | $27.3B | $28.2B | $30.6B | $33.6B | $36.5B | $35.2B | $35.6B | $35.1B | $35.5B |
| Total liabilities | $21.3B | $24.5B | $25.2B | $27.1B | $30.2B | $32.9B | $31.8B | $31.8B | $31.0B | $31.0B |
| Shareholders' equity | $2.7B | $2.9B | $3.1B | $3.5B | $3.4B | $3.7B | $3.3B | $3.8B | $4.1B | $4.5B |
| Net debt | -$373M | -$387M | -$383M | -$432M | -$526M | -$401M | -$564M | -$561M | -$575M | -$563M |
Cash flow
Fiscal years, from Hancock Whitney's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $344M | $411M | $449M | $352M | $355M | $586M | $842M | $495M | $626M | $542M |
| Capital spending | $19M | $20M | $51M | $43M | $38M | $24M | $29M | $25M | $10M | $19M |
| Free cash flow | $325M | $391M | $399M | $309M | $317M | $562M | $813M | $470M | $616M | $523M |
| Stock-based compensation | $14M | $18M | $20M | $21M | $21M | $22M | $23M | $25M | $23M | $24M |
| Dividends paid | $77M | $83M | $89M | $95M | $96M | $96M | $94M | $105M | $131M | $154M |
| Share buybacks (net) | — | — | -$8M | -$185M | -$13M | -$22M | -$59M | $0 | -$38M | -$247M |
| Net borrowing | -$213M | -$322M | -$184M | $1.1B | -$881M | -$134M | $211M | -$716M | -$516M | $378M |
| Free cash flow margin | 35.7% | 36.9% | 35.1% | 25.5% | 25.0% | 43.3% | 58.8% | 33.9% | 42.6% | 34.5% |
| Dividends per share | $0.98 | $0.98 | $1.04 | $1.10 | $1.10 | $1.10 | $1.09 | $1.21 | $1.51 | $1.80 |
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Open HWC in InvestinglyQuestions
What was Hancock Whitney's revenue in 2025?
$1.5B in fiscal 2025, from its 10-K filing.
How much free cash flow does Hancock Whitney generate?
$523M in fiscal 2025 (operating cash flow minus capital spending).
From Hancock Whitney's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.