← HANCOCK WHITNEY CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $149.3m | $215.6m | $323.8m | $327.4m | ($45.2m) | $463.2m | $524.1m | $392.6m | $460.8m | $486.1m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $149.3m | $215.6m | $323.8m | $327.4m | ($45.2m) | $463.2m | $524.1m | $392.6m | $460.8m | $486.1m | |
| Depreciation, Depletion and Amortization | $28.4m | $28.1m | $26.5m | $30.9m | $30.1m | $29.1m | $31.6m | $34.7m | $32.3m | $27.3m | |
| Amortization of Intangible Assets | $19.8m | $22.4m | $22.1m | $20.8m | $19.9m | $16.7m | $14.0m | $11.6m | $9.4m | $10.0m | |
| Deferred Income Tax Expense (Benefit) | ($7.8m) | $49.8m | $45.2m | $47.1m | ($20.7m) | $10.4m | ($22.2m) | $14.0m | $4.3m | $23.2m | |
| Share-based Payment Arrangement, Noncash Expense | $14.3m | $17.6m | $19.8m | $20.9m | $21.1m | $22.4m | $23.5m | $24.7m | $22.7m | $24.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $11.9m | $8.7m | $6.3m | $4.5m | $7.4m | $7.4m | $5.7m | $9.4m | $8.3m | |
| Share-based Payment Arrangement, Expense | $14.3m | $17.6m | $19.8m | $20.9m | $21.1m | $22.4m | $23.5m | $24.7m | $22.7m | $24.4m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | $1.1m | $3.2m | ($14.4m) | ($259k) | $15.8m | $1.2m | ($294k) | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gain (Loss) on Disposition of Property Plant Equipment | $7.8m | $7.5m | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | ($1.1m) | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Other Assets | $9.6m | ($1.6m) | ($1.9m) | ($1.1m) | ($3.2m) | — | $259k | — | ($1.2m) | $294k | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($4.2m) | — | — | — | — | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | — | — | $24.7m | $593k | $982k | $14.4m | $259k | $19.4m | $7.8m | $6.1m | |
| Income Tax Expense (Benefit) | $37.6m | $92.8m | $58.3m | $65.4m | ($79.6m) | $104.8m | $135.1m | $97.5m | $113.2m | $126.3m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Other Operating Assets | ($15.2m) | $9.8m | $13.8m | $22.6m | $111.1m | $21.1m | ($176.4m) | $160.9m | ($85.0m) | $5.8m | |
| Bank Owned Life Insurance Income | $13.6m | $11.5m | $12.4m | $14.9m | $18.2m | $18.3m | $15.9m | $15.5m | $16.9m | $21.3m | |
| Proceeds from Stock Options Exercised | $2.1m | $12.1m | $1.2m | $542k | — | $492k | $227k | $0 | $0 | — | |
| Parent Company | $76.6m | $83.3m | $88.8m | $94.9m | $95.6m | $95.9m | $94.5m | $104.7m | $130.8m | $153.8m | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | $488k | $333k | ($87k) | ($65.4m) | $0 | ($11k) | |
| Equipment Expense | $13.7m | $14.8m | $16.4m | $18.4m | $19.2m | $18.2m | $18.6m | $18.9m | $17.4m | $17.0m | |
| Goodwill | $621.2m | $745.5m | $791.0m | $855.5m | $855.5m | $855.5m | $855.5m | $855.5m | $855.5m | $925.4m | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | ($100.0m) | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | ($1.5m) | — | — | $43.6m | $25.3m | $24.9m | ($38.8m) | ($9.4m) | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | $13.0m | $12.8m | $13.5m | $5.8m | $420k | ($3.8m) | $5.8m | |
| Net Cash Provided by (Used in) Operating Activities | $340.7m | $411.1m | $449.2m | $351.9m | $355.2m | $585.7m | $842.0m | $495.2m | $625.7m | $541.8m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $19.3m | $20.3m | $50.7m | $42.7m | $37.9m | $23.5m | $29.1m | $25.0m | $10.2m | $18.7m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | — | $112.1m | |
| Payments for (Proceeds from) Other Investing Activities | ($825k) | $6.8m | ($491k) | $65.6m | $5.8m | ($42.3m) | ($11.5m) | $4.6m | $698k | $5.3m | |
| Net Cash Provided by (Used in) Investing Activities | ($1.3b) | ($895.3m) | ($846.9m) | ($459.0m) | ($3.2b) | ($3.2b) | $662.4m | ($295.2m) | $274.8m | ($314.4m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $408.3m | $338.8m | $327.1m | $294.7m | $1.0b | $1.1b | $502.6m | $813.2m | $454.2m | $452.8m | |
| Proceeds from Issuance of Long-term Debt | $6.8m | $165k | $20.6m | $20.8m | $166.4m | $22.4m | $5.6m | $0 | $0 | — | |
| Repayments of Long-term Debt | $21.3m | $204.1m | $90.2m | $14.2m | $308k | $153.4m | $480k | $0 | $0 | — | |
| Proceeds from Issuance of Common Stock | $259.3m | — | — | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | $8.3m | $185.0m | $12.7m | $21.8m | $58.9m | $0 | $37.7m | $246.9m | |
| Payments of Ordinary Dividends, Common Stock | $76.6m | $83.3m | $88.8m | $94.9m | $95.6m | $95.9m | $94.5m | $104.7m | $130.8m | $153.8m | |
| Net Cash Provided by (Used in) Financing Activities | $1.0b | $498.5m | $394.1m | $155.8m | $2.9b | $2.5b | ($1.3b) | ($203.3m) | ($886.8m) | ($239.3m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $383.4m | $432.1m | $526.3m | $401.2m | $564.5m | $561.2m | $574.9m | $563.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $69.6m | $108.7m | $175.4m | $232.5m | $121.3m | $50.0m | $80.1m | $487.7m | $635.8m | $511.4m | |
| Income Taxes Paid, Net | $30.2m | $45.1m | $7.3m | $28.3m | $17.5m | $122.6m | $135.2m | $103.2m | $89.6m | $103.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.