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Hancock Whitney (Hancock Whitney) Return-on-Tangible-Equity : 7.36% (As of Dec. 2023)


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What is Hancock Whitney Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hancock Whitney's annualized net income for the quarter that ended in Dec. 2023 was $202 Mil. Hancock Whitney's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,751 Mil. Therefore, Hancock Whitney's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 7.36%.

The historical rank and industry rank for Hancock Whitney's Return-on-Tangible-Equity or its related term are showing as below:

HWC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.81   Med: 12.28   Max: 20.25
Current: 14.87

During the past 13 years, Hancock Whitney's highest Return-on-Tangible-Equity was 20.25%. The lowest was -1.81%. And the median was 12.28%.

HWC's Return-on-Tangible-Equity is ranked better than
71.1% of 1450 companies
in the Banks industry
Industry Median: 10.905 vs HWC: 14.87

Hancock Whitney Return-on-Tangible-Equity Historical Data

The historical data trend for Hancock Whitney's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Hancock Whitney Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.93 -1.81 17.68 20.25 14.72

Hancock Whitney Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 24.49 20.02 17.88 14.90 7.36

Competitive Comparison of Hancock Whitney's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Hancock Whitney's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hancock Whitney's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hancock Whitney's Return-on-Tangible-Equity falls into.



Hancock Whitney Return-on-Tangible-Equity Calculation

Hancock Whitney's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=392.602/( (2430.982+2903.571 )/ 2 )
=392.602/2667.2765
=14.72 %

Hancock Whitney's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=202.412/( (2598.241+2903.571)/ 2 )
=202.412/2750.906
=7.36 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hancock Whitney  (NAS:HWC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Hancock Whitney Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Hancock Whitney's Return-on-Tangible-Equity 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