GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hancock Whitney Corp (NAS:HWC) » Definitions » ROE %

Hancock Whitney (Hancock Whitney) ROE % : 5.54% (As of Dec. 2023)


View and export this data going back to 1987. Start your Free Trial

What is Hancock Whitney ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hancock Whitney's annualized net income for the quarter that ended in Dec. 2023 was $202 Mil. Hancock Whitney's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $3,652 Mil. Therefore, Hancock Whitney's annualized ROE % for the quarter that ended in Dec. 2023 was 5.54%.

The historical rank and industry rank for Hancock Whitney's ROE % or its related term are showing as below:

HWC' s ROE % Range Over the Past 10 Years
Min: -1.31   Med: 8.85   Max: 14.95
Current: 11.07

During the past 13 years, Hancock Whitney's highest ROE % was 14.95%. The lowest was -1.31%. And the median was 8.85%.

HWC's ROE % is ranked better than
57.51% of 1459 companies
in the Banks industry
Industry Median: 9.88 vs HWC: 11.07

Hancock Whitney ROE % Historical Data

The historical data trend for Hancock Whitney's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hancock Whitney ROE % Chart

Hancock Whitney Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 -1.31 13.03 14.95 10.99

Hancock Whitney Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.63 14.72 13.30 11.08 5.54

Competitive Comparison of Hancock Whitney's ROE %

For the Banks - Regional subindustry, Hancock Whitney's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hancock Whitney's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hancock Whitney's ROE % distribution charts can be found below:

* The bar in red indicates where Hancock Whitney's ROE % falls into.



Hancock Whitney ROE % Calculation

Hancock Whitney's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=392.602/( (3342.628+3803.661)/ 2 )
=392.602/3573.1445
=10.99 %

Hancock Whitney's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=202.412/( (3501.003+3803.661)/ 2 )
=202.412/3652.332
=5.54 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Hancock Whitney  (NAS:HWC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=202.412/3652.332
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(202.412 / 1156.092)*(1156.092 / 35938.437)*(35938.437 / 3652.332)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.51 %*0.0322*9.8399
=ROA %*Equity Multiplier
=0.56 %*9.8399
=5.54 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=202.412/3652.332
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (202.412 / 249.232) * (249.232 / 1156.092) * (1156.092 / 35938.437) * (35938.437 / 3652.332)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.8121 * 21.56 % * 0.0322 * 9.8399
=5.54 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Hancock Whitney ROE % Related Terms

Thank you for viewing the detailed overview of Hancock Whitney's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hancock Whitney (Hancock Whitney) Business Description

Traded in Other Exchanges
Address
2510 14th Street, Hancock Whitney Plaza, Gulfport, MS, USA, 39501
Hancock Whitney Corp operates bank offices and financial centers. The company offers financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee.
Executives
Joseh S Exnicios officer: President - Whitney Bank 228 ST CHARLES AVE, NEW ORLEANS LA 70130
Carleton Richard Wilkins director P.O. BOX 4019, GULFPORT MS 39502
John M Hairston officer: Chief Operations Officer P O BOX 4019, GULFPORT MS 39502
Knight Cecil W. Jr officer: Chief Banking Officer P.O. BOX 4019, GULFPORT MS 35902
Michael M Achary officer: Sr. VP & Corp. Treasurer P.O. BOX 4019, GULFPORT MS 39502
Lane Harry Merritt Iii director 835 UNION STREET, NEW ORLEANS LA 70112
Joan Cahill Teofilo director P.O. BOX 4019, GULFPORT MS 39502
Sonia Perez director 127 FLYNT ROAD, LAUREL MS 39443
Christine L Smilek director P O BOX 4019, GULFPORT MS 39502
Christopher S Ziluca officer: Chief Credit Officer PO BOX 4019, GULFPORT MS 39502
Suzette K Kent director P.O. BOX 4019, GULFPORT MS 39502
James H Horne director P O BOX 4019, GULFPORT MS 39502
Dean Liollio director 333 CLAY STREET, STE 1500, HOUSTON TX 77002
Michael Otero officer: Chief Risk Officer PO BOX 4019, GULFPORT MS 39502
Ruena H Wetzel officer: Chief HR Officer PO BOX 4019, GULFPORT MS 39502