Exhibit 99.1

FOR IMMEDIATE RELEASE

October 16, 2018

For more information

Trisha Voltz Carlson, EVP, Investor Relations Manager

504.299.5208 or trisha.carlson@hancockwhitney.com

Hancock Whitney reports third quarter 2018 EPS of $.96

Results include $4.8 million, or $.05 per share after tax, impact from nonoperating items

GULFPORT, Miss. (October 16, 2018) — Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the third quarter of 2018. Net income for the third quarter of 2018 was $83.9 million, or $.96 per diluted common share (EPS), compared to $71.2 million, or $.82 EPS in the second quarter of 2018 and $58.9 million, or $.68 EPS, in the third quarter of 2017. The third quarter of 2018 included $4.8 million ($.05 per share after-tax impact) of nonoperating items. The second quarter of 2018 included $15.8 million ($.14 per share impact) of nonoperating items and the third quarter of 2017 included nonoperating items of $11.4 million ($.08 per share impact).

Highlights of the company’s third quarter 2018 results (compared to second quarter 2018):

• Closed Capital One trust & asset management acquisition July 13, 2018; added $5.5 million in fee income (trust), $4.1 million in expenses (operating) and approximately $229 million in deposits in 3Q18; nonoperating items totaled $4.8 million and are primarily related to the acquisition

• EPS increased $.14 linked quarter to $.96; excluding nonoperating items EPS increased $.05 to $1.01

• Net income increased $12.7 million, or 18% linked-quarter; excluding nonoperating items, earnings increased $4.0 million, or 5%

• Return on average assets (ROA) improved 15 bps to 1.19%; excluding nonoperating items, ROA increased 2 bps to 1.24%

• Operating leverage increased approximately $1.5 million linked-quarter; revenue up $9.3 million, operating expense up $7.8 million

• Criticized commercial loans declined $63 million, or 7%, linked-quarter; $51 million energy, $12 million nonenergy

• Loans increased $173 million linked-quarter (includes approximately $90 million in payoffs at quarter end)

• Energy portfolio less than 5% of total loans (4.7%); no energy charge-offs during quarter

“The third quarter’s results reflect steady progress towards achieving our goals and enhancing shareholder value,” said John M. Hairston, President and CEO. “We hit our operating EPS target this quarter at $1.01, ROA of 1.24% is just below the top end of our targeted range, criticized loans, both energy and nonenergy, continued to improve, and our energy portfolio is now below 5% of total loans, with the end of the current cycle largely upon us. We completed the Capital One Trust and Asset Management acquisition which contributed to the quarter’s improved operating leverage, and we are committed to relentless pursuit of continued improvement.”

1

Loans

Total loans at September 30, 2018 were $19.5 billion, up approximately $173 million, or 1%, linked-quarter. Net loan growth during the quarter continues to be diversified across the regions and also in areas identified as part of the company’s revenue-generating initiatives. Net loan growth was short of expectations due to approximately $90 million in payoffs received at quarter end.

Average loans totaled $19.5 billion for the third quarter of 2018, up $271 million, or 1%, linked-quarter.

Energy

At September 30, 2018, loans to the energy industry totaled $927 million, or 4.7% of total loans. The energy portfolio declined $58 million linked-quarter, and is comprised of credits to both the exploration and production (E&P) sector and the support and services sectors. Payoffs and paydowns of $151 million were partially offset by $93 million in fundings. There were no energy charge-offs during the third quarter.

With oil prices approximating $70 a barrel, and continued stabilization in prices, we anticipate the cycle for us could end soon. We believe we are adequately reserved for losses on remaining credits, and do not expect a significant provision for any additional issues. Management continues to estimate that net charge-offs from energy-related credits could approximate up to $95 million over the duration of the cycle, of which approximately $79 million has been taken to-date.

Deposits

Total deposits at September 30, 2018 were $22.4 billion, up $182 million, or 1%, from June 30, 2018. Average deposits for the third quarter of 2018 were $22.0 billion, down $80 million, or less than 1%, linked-quarter.

Noninterest-bearing demand deposits (DDAs) totaled $8.1 billion at September 30, 2018, down $25 million, or less than 1%, from June 30, 2018. DDAs comprised 36% of total period-end deposits at September 30, 2018.

Interest-bearing transaction and savings deposits totaled $8.0 billion at the end of the third quarter of 2018, up $261 million, or 3%, from June 30, 2018. The increase was mainly related to deposits associated with the trust and asset management acquisition. Time deposits of $3.7 billion were up $188 million, or 5%, while interest-bearing public fund deposits decreased $241 million, or 8%, to $2.6 billion at September 30, 2018.

Asset Quality

Nonperforming assets (NPAs) totaled $391.3 million at September 30, 2018, down $25.2 million, or 6%, from June 30, 2018. During the third quarter of 2018, total nonperforming loans decreased approximately $30.4 million, while foreclosed and surplus real estate (ORE) and other foreclosed assets increased approximately $5.1 million. Nonperforming assets as a percent of total loans, ORE and other foreclosed assets was 2.00% at September 30, 2018, down 15 bps from June 30, 2018.

The total allowance for loan losses (ALLL) was $214.5 million at September 30, 2018, virtually unchanged from June 30, 2018. There was a shift in the allowance from energy to nonenergy during the quarter. The allowance for credits in the energy portfolio totaled $50.2 million, or 5.4% of energy loans, at September 30, 2018, as compared to $59.0 million, or 6.0% of energy loans, at June 30, 2018. The allowance for credits in the nonenergy portfolio totaled $164.3 million, or 0.88% of nonenergy loans, at September 30, 2018, as compared to $155.6 million, or 0.85% of nonenergy loans, at June 30, 2018.The ratio of the allowance for loan losses to period-end loans was 1.10% at September 30, 2018, down 1 bp from 1.11% at June 30, 2018.

Net charge-offs were $6.9 million, or 0.14% of average total loans on an annualized basis in the third quarter of 2018, up from $5.1 million, or 0.11% of average total loans in the second quarter of 2018. During the third quarter of 2018, the company recorded a total provision for loan losses of $6.9 million, down from $8.9 million in the second quarter of 2018. There were no energy charge-offs in the third quarter, compared to a net recovery of $1.9 million in the second quarter.

2

Net Interest Income and Net Interest Margin (NIM)

Net interest income (TE) for the third quarter of 2018 was $218.3 million, up $2.7 million from the second quarter of 2018. The increase is primarily due to one more accrual day and a higher level of average earning assets in the quarter, partially offset by a 4 bps lower net interest margin.

Average earning assets were $25.8 billion for the third quarter of 2018, up $441 million, or 2%, from the second quarter of 2018. The net interest margin (TE) was 3.36% for the third quarter of 2018, down 4 bps from the second quarter of 2018. The decrease in the margin reflects a positive impact from a 6 bp increase in the average earning asset yield (an 8 bp increase in loan yield and a 5 bp increase in yield on the securities portfolio), partially offset by an 11 bp increase in the cost of funds.

Noninterest Income

Noninterest income totaled $75.5 million for the third quarter of 2018, up $6.7 million, or 10%, from the second quarter of 2018.

Service charges on deposits totaled $21.4 million for the third quarter of 2018, up $0.4 million, or 2%, from the second quarter of 2018. Bank card and ATM fees totaled $14.9 million, down $0.6 million, or 4%, from the second quarter of 2018 due to seasonality and lower merchant fees.

Trust fees totaled $16.7 million, up $5.1 million, or 44% linked-quarter. On July 13, 2018, the Capital One Trust and Asset Management acquisition was completed. In the third quarter of 2018, we added approximately $5.5 million in trust fee income related to this acquisition. The net decline from the second quarter reflects seasonality related to tax season.

Investment and annuity income and insurance fees totaled $6.7 million, up $0.4 million, or 6%, linked-quarter. Fees from secondary mortgage operations totaled $4.3 million for the third quarter of 2018, up $0.4 million, or 9%, linked-quarter. Other noninterest income totaled $11.6 million, up $1.0 million, or 10%, from the second quarter of 2018. The increase is mostly due to gains from miscellaneous asset sales.

3

Noninterest Expense & Taxes

Noninterest expense for the third quarter of 2018 totaled $181.2 million, down $3.2 million, or 2%, from the second quarter of 2018. Included in the third quarter total was $4.8 million of nonoperating expense, mainly related to the trust and asset management acquisition.There was $15.8million of nonoperating expense in the second quarter of 2018. Excluding nonoperating items, operating expense for the third quarter of 2018 totaled $176.4 million, up $7.8 million, or 5% linked-quarter. The discussion below excludes nonoperating items.

The completion of the trust and asset management acquisition added approximately $4.1 million in expense in the third quarter of 2018 from the transaction closure date of July 13, 2018.

Total personnel expense was $101.2 million in the third quarter of 2018, up $4.3 million, or 4%, from the second quarter of 2018. Adjusting for the trust and asset management acquisition, personnel expense was up $2.2 million mainly related to incentive pay.

Occupancy and equipment expense totaled $15.5 million in the third quarter of 2018, up $0.1 million, or less than 1%, from the second quarter of 2018.

Amortization of intangibles totaled $5.6 million for the third quarter of 2018, up $0.3 million or 6% linked-quarter mostly related to the trust and asset management acquisition. There was virtually no ORE expense in the third quarter of 2018, compared to gains on ORE dispositions exceeding ORE expense by $0.3 million in the second quarter of 2018.

Other operating expense totaled $54.1 million in the third quarter of 2018, up $2.7 million, or 5%, from the second quarter of 2018. After adjusting for the trust and asset management acquisition, other operating expense was up $1.8 million. The linked quarter increase was mainly related to increased expense on revenue-generating initiatives partly offset by miscellaneous expense items.

The effective income tax rate for the third quarter of 2018 was 18%. Management expects the tax rate in the fourth quarter of 2018 to approximate 8-10%. The lower tax rate reflects the impact of fourth quarter stock compensation vesting and other tax reform related strategies. The effective income tax rate continues to be less than the statutory rate due primarily to tax-exempt income and tax credits.

Capital

Common shareholders’ equity at September 30, 2018 totaled $3.0 billion, up $49 million, or 2%, from second quarter 2018. The tangible common equity (TCE) ratio was 7.67%, down 9 bps from June 30, 2018. The decline is mainly related to the trust and asset management acquisition during the third quarter. Additional capital ratios are included in the financial tables.

Conference Call and Slide Presentation

Management will host a conference call for analysts and investors at 8:30 a.m. Central Time on Wednesday, October 17, 2018 to review the results. A live listen-only webcast of the call will be available under the Investor Relations section of Hancock Whitney’s website at www.hancockwhitney.com/investors. A link to the release with additional financial tables, and a link to a slide presentation related to third quarter results are also posted as part of the webcast link. To participate in the Q&A portion of the call, dial (877) 564-1219 or (973) 638-3429. An audio archive of the conference call will be available under the Investor Relations section of our website. A replay of the call will also be available through October 24, 2018 by dialing (855) 859-2056 or (404) 537-3406, passcode 9595837.

4

About Hancock Whitney

Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive 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, as well as trust and asset management offices in New Jersey and New York. BauerFinancial, Inc., the nation’s leading independent bank rating and analysis firm, consistently recommends Hancock Whitney as one of America’s most financially sound banks. More information is available at www.hancockwhitney.com.

Non-GAAP Financial Measures

This news release includes non-GAAP financial measures to describe Hancock Whitney’s performance. The reconciliations of those measures to GAAP measures are provided either in the financial tables or in Appendix A thereto.

Consistent with Securities and Exchange Commission Industry Guide 3, the company presents net interest income, net interest margin and efficiency ratios on a fully taxable equivalent (“TE”) basis. The TE basis adjusts for the tax-favored status of net interest income from certain loans and investments using the statutory federal tax rate to increase tax-exempt interest income to a taxable equivalent basis. The company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.

The company presents certain additional non-GAAP financial measures to assist the reader with a better understanding of the company’s performance period over period, as well as to provide investors with assistance in understanding the success management has experienced in executing its strategic initiatives. These non-GAAP measures may reference the concepts “core” or “operating.” The company uses the term “core” to describe a financial measure that excludes income or expense arising from accretion or amortization of fair value adjustments recorded as part of purchase accounting. The company uses the term “operating” to describe a financial measure that excludes income or expense considered to be nonoperating in nature. Items identified as nonoperating are those that, when excluded from a reported financial measure, provide management or the reader with a measure that may be more indicative of forward-looking trends in the company’s business.

We define Core Net Interest Income as net interest income (TE) excluding net purchase accounting accretion and amortization. We define Core Net Interest Margin as core net interest income expressed as a percentage of average earning assets. A reconciliation of reported net interest income to core net interest income and reported net interest margin to core net interest margin is included in Appendix A.

We define Operating Revenue as net interest income (TE) and noninterest income less nonoperating revenue.  We define Operating Pre-Provision Net Revenue as operating revenue (TE) less noninterest expense, excluding nonoperating items. Management believes that operating pre-provision net revenue is a useful financial measure because it enables investors and others to assess the company’s ability to generate capital to cover credit losses through a credit cycle. A reconciliation of reported net interest income to operating pre-provision net revenue is included in Appendix A.

5

We define Operating Earnings as reported net income excluding nonoperating items net of income tax.  We define Operating Earnings per Share as operating earnings expressed as an amount available to each common shareholder on a diluted basis. A reconciliation of reported net income to operating earnings is presented in the Income Statement table and a reconciliation of reported earnings per share – diluted to operating earnings per share – diluted is presented in Appendix A.

Important Cautionary Statement About Forward-Looking Statements

This news release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended.Forward-looking statements that we may make include statements regarding balance sheet and revenue growth, the provision for loans losses, loan growth expectations, management’s predictions about charge-offs for loans, including energy-related credits, the impact of changes in oil and gas prices on our energy portfolio, the impact of the transaction with Capital One on our performance and financial condition, including our ability to successfully integrate the businesses, deposit trends, credit quality trends, net interest margin trends, future expense levels, success of revenue-generating initiatives, projected tax rates, future profitability, improvements in expense to revenue (efficiency) ratio, purchase accounting impacts such as accretion levels, increased cybersecurity risks, including potential business disruptions or financial losses, and the financial impact of regulatory requirements and tax reform legislation. Also, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “forecast,” “goals,” “targets,” “initiatives,” “focus,” “potentially,” “probably,” “projects,” “outlook”, or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could.” Forward-looking statements are based upon the current beliefs and expectations of management and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events.

Forward-looking statements are subject to significant risks and uncertainties. Any forward-looking statement made in this release is subject to the safe harbor protections set forth in the Private Securities Litigation Reform Act of 1995. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward looking statements. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2017 and in other periodic reports that we file with the SEC.

6

HANCOCK WHITNEY CORPORATION
FINANCIAL HIGHLIGHTS
(Unaudited)
	Three Months Ended									Nine Months Ended
(dollars and common share data in thousands, except per share amounts)	9/30/2018			6/30/2018			9/30/2017			9/30/2018			9/30/2017
NET INCOME
Net interest income	$	214,194		$	211,547		$	202,857		$	631,405		$	584,265
Net interest income (TE) (a)		218,289			215,628			211,436			643,544			609,706
Provision for loan losses		6,872			8,891			13,040			28,016			43,982
Noninterest income		75,518			68,832			67,115			210,602			198,093
Noninterest expense		181,187			184,402			177,616			536,380			524,628
Income tax expense		17,775			15,909			20,414			50,081			53,565
Net income	$	83,878		$	71,177		$	58,902		$	227,530		$	160,183
Earnings excluding nonoperating items
Net income	$	83,878		$	71,177		$	58,902		$	227,530		$	160,183
Nonoperating items, net of income tax benefit		3,813			12,486			7,405			22,081			15,679
Operating earnings	$	87,691		$	83,663		$	66,307		$	249,611		$	175,862
PERIOD-END BALANCE SHEET DATA
Loans	$	19,543,717		$	19,370,917		$	18,786,285		$	19,543,717		$	18,786,285
Securities		5,987,447			6,113,873			5,624,552			5,987,447			5,624,552
Earning assets		25,668,281			25,625,047			24,545,798			25,668,281			24,545,798
Total assets		28,098,175			27,925,447			26,816,755			28,098,175			26,816,755
Noninterest-bearing deposits		8,140,530			8,165,796			7,896,384			8,140,530			7,896,384
Total deposits		22,417,807			22,235,338			21,533,859			22,417,807			21,533,859
Common shareholders' equity		2,978,878			2,929,555			2,863,275			2,978,878			2,863,275
AVERAGE BALANCE SHEET DATA
Loans	$	19,464,639		$	19,193,234		$	18,591,219		$	19,230,385		$	18,092,622
Securities (b)		6,186,410			6,032,058			5,679,841			6,039,645			5,321,974
Earning assets		25,832,372			25,391,025			24,487,426			25,445,886			23,871,477
Total assets		28,026,923			27,485,052			26,677,573			27,585,910			25,993,814
Noninterest-bearing deposits		8,017,353			8,149,521			7,775,913			8,039,574			7,670,517
Total deposits		22,021,559			22,101,474			21,349,818			22,055,403			20,517,779
Common shareholders' equity		2,952,431			2,908,997			2,838,517			2,911,706			2,786,444
COMMON SHARE DATA
Earnings per share - diluted	$	0.96		$	0.82		$	0.68		$	2.61		$	1.85
Cash dividends per share		0.27			0.24			0.24			0.75			0.72
Book value per share (period-end)		34.90			34.33			33.78			34.90			33.78
Tangible book value per share (period-end)		24.44			24.66			23.92			24.44			23.92
Weighted average number of shares - diluted		85,539			85,483			84,980			85,482			84,818
Period-end number of shares		85,364			85,335			84,767			85,364			84,767
Market data
High sales price	$	53.00		$	55.00		$	50.40		$	56.40		$	52.94
Low sales price		46.05			45.76			41.05			45.76			41.05
Period-end closing price		47.55			46.65			48.45			47.55			48.45
Trading volume		28,332			35,705			33,243			99,407			117,397
PERFORMANCE RATIOS
Return on average assets		1.19	%		1.04	%		0.88	%		1.10	%		0.82	%
Return on average common equity		11.27	%		9.81	%		8.23	%		10.45	%		7.69	%
Return on average tangible common equity		16.11	%		13.72	%		11.68	%		14.75	%		10.77	%
Tangible common equity ratio (c)		7.67	%		7.76	%		7.80	%		7.67	%		7.80	%
Net interest margin (TE) (d)		3.36	%		3.40	%		3.44	%		3.38	%		3.41	%
Average loan/deposit ratio		88.39	%		86.84	%		87.08	%		87.19	%		88.18	%
Allowance for loan losses as a percentage of period-end loans		1.10	%		1.11	%		1.19	%		1.10	%		1.19	%
Annualized net charge-offs to average loans		0.14	%		0.11	%		0.25	%		0.17	%		0.35	%
Allowance for loan losses to nonperforming loans + accruing loans 90 days past due		55.25	%		53.35	%		56.45	%		55.25	%		56.45	%
Select performance measures excluding nonoperating items
Operating earnings per share - diluted (d)	$	1.01		$	0.96		$	0.76		$	2.87		$	2.03	%
Return on average assets - operating		1.24	%		1.22	%		0.99	%		1.21	%		0.90	%
Return on average common equity - operating		11.78	%		11.54	%		9.27	%		11.46	%		8.44	%
Return on average tangible common equity - operating		16.84	%		16.12	%		13.14	%		16.18	%		11.82	%
Efficiency ratio (e)		58.11	%		57.40	%		57.50	%		57.68	%		59.70	%
Noninterest income as a percent of total revenue (TE) - operating		25.70	%		24.20	%		24.09	%		24.76	%		24.11	%
FTE headcount		3,858			3,780			3,979			3,858			3,979

(a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21% for the three and nine months ended September 30, 2018 and the three months ended June 30, 2018, and 35% for the three and nine months ended September 30, 2017.

(b) Average securities does not include unrealized holding gains/losses on available for sale securities.

(c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets.

(d) Refer to Appendix A for reconciliation of this non-GAAP measure.

(e) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items.

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HANCOCK WHITNEY CORPORATION
QUARTERLY FINANCIAL HIGHLIGHTS
(Unaudited)
	Three Months Ended
(dollars and common share data in thousands, except per share amounts)	9/30/2018			6/30/2018			3/31/2018			12/31/2017			9/30/2017
NET INCOME
Net interest income	$	214,194		$	211,547		$	205,664		$	208,047		$	202,857
Net interest income (TE) (a)		218,289			215,628			209,627			216,996			211,436
Provision for loan losses		6,872			8,891			12,253			14,986			13,040
Noninterest income		75,518			68,832			66,252			69,688			67,115
Noninterest expense		181,187			184,402			170,791			168,063			177,616
Income tax expense		17,775			15,909			16,397			39,237			20,414
Net income	$	83,878		$	71,177		$	72,475		$	55,449		$	58,902
Earnings excluding nonoperating items
Net income	$	83,878		$	71,177		$	72,475		$	55,449		$	58,902
Nonoperating items, net of income tax benefit		3,813			12,486			5,782			—			7,405
Income tax resulting from re-measurement of deferred tax asset		—			—			—			19,520			—
Operating earnings	$	87,691		$	83,663		$	78,257		$	74,969		$	66,307
PERIOD-END BALANCE SHEET DATA
Loans	$	19,543,717		$	19,370,917		$	19,092,504		$	19,004,163		$	18,786,285
Securities		5,987,447			6,113,873			5,930,076			5,888,380			5,624,552
Earning assets		25,668,281			25,625,047			25,105,948			25,024,792			24,545,798
Total assets		28,098,175			27,925,447			27,297,337			27,336,086			26,816,755
Noninterest-bearing deposits		8,140,530			8,165,796			8,230,060			8,307,497			7,896,384
Total deposits		22,417,807			22,235,338			22,485,722			22,253,202			21,533,859
Common shareholders' equity		2,978,878			2,929,555			2,896,038			2,884,949			2,863,275
AVERAGE BALANCE SHEET DATA
Loans	$	19,464,639		$	19,193,234		$	19,028,490		$	18,839,537		$	18,591,219
Securities (b)		6,186,410			6,032,058			5,897,290			5,801,451			5,679,841
Earning assets		25,832,372			25,391,025			25,106,283			24,812,676			24,487,426
Total assets		28,026,923			27,485,052			27,237,077			26,973,507			26,677,573
Noninterest-bearing deposits		8,017,353			8,149,521			7,951,121			8,095,563			7,775,913
Total deposits		22,021,559			22,101,474			22,043,419			21,762,757			21,349,818
Common shareholders' equity		2,952,431			2,908,997			2,872,813			2,867,475			2,838,517
COMMON SHARE DATA
Earnings per share - diluted	$	0.96		$	0.82		$	0.83		$	0.64		$	0.68
Cash dividends per share		0.27			0.24			0.24			0.24			0.24
Book value per share (period-end)		34.90			34.33			33.96			33.86			33.78
Tangible book value per share (period-end)		24.44			24.66			24.22			24.05			23.92
Weighted average number of shares - diluted		85,539			85,483			85,423			85,303			84,980
Period-end number of shares		85,364			85,335			85,285			85,200			84,767
Market data
High sales price	$	53.00		$	55.00		$	56.40		$	53.35		$	50.40
Low sales price		46.05			45.76			49.48			46.18			41.05
Period-end closing price		47.55			46.65			51.70			49.50			48.45
Trading volume		28,332			35,705			35,370			29,308			33,243
PERFORMANCE RATIOS
Return on average assets		1.19	%		1.04	%		1.08	%		0.82	%		0.88	%
Return on average common equity		11.27	%		9.81	%		10.23	%		7.67	%		8.23	%
Return on average tangible common equity		16.11	%		13.72	%		14.41	%		10.81	%		11.68	%
Tangible common equity ratio (c)		7.67	%		7.76	%		7.80	%		7.73	%		7.80	%
Net interest margin (TE) (d)		3.36	%		3.40	%		3.37	%		3.48	%		3.44	%
Average loan/deposit ratio		88.39	%		86.84	%		86.32	%		86.57	%		87.08	%
Allowance for loan losses as a percent of period-end loans		1.10	%		1.11	%		1.10	%		1.14	%		1.19	%
Annualized net charge-offs to average loans		0.14	%		0.11	%		0.26	%		0.44	%		0.25	%
Allowance for loan losses to nonperforming loans + accruing loans 90 days past due		55.25	%		53.35	%		46.37	%		54.18	%		56.45	%
Select performance measures excluding nonoperating items
Operating earnings per share - diluted (d)	$	1.01		$	0.96		$	0.90		$	0.86		$	0.76
Return on average assets - operating		1.24	%		1.22	%		1.17	%		1.10	%		0.99	%
Return on average common equity - operating		11.78	%		11.54	%		11.05	%		10.37	%		9.27	%
Return on average tangible common equity - operating		16.84	%		16.12	%		15.56	%		14.62	%		13.14	%
Efficiency ratio (e)		58.11	%		57.40	%		57.51	%		56.57	%		57.50	%
Noninterest income as a percent of total revenue (TE) - operating		25.70	%		24.20	%		24.33	%		24.31	%		24.09	%
FTE headcount		3,858			3,780			3,775			3,887			3,979

(a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21% for the three months ended September 30, 2018, June 30, 2018 and March 31, 2018, and 35% for the three months ended December 31, 2017 and September 30, 2017 .

(b) Average securities does not include unrealized holding gains/losses on available for sale securities.

(c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets.

(d) Refer to Appendix A for reconciliation of this non-GAAP measure.

(e) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items.

8

HANCOCK WHITNEY CORPORATION
INCOME STATEMENT
(Unaudited)
	Three Months Ended						Nine Months Ended
(dollars in thousands, except per share data)	9/30/2018		6/30/2018		9/30/2017		9/30/2018		9/30/2017
NET INCOME
Interest income	$	263,212	$	252,304	$	232,716	$	756,911	$	661,408
Interest income (TE) (f)		267,307		256,385		241,295		769,050		686,849
Interest expense		49,018		40,757		29,859		125,506		77,143
Net interest income (TE)		218,289		215,628		211,436		643,544		609,706
Provision for loan losses		6,872		8,891		13,040		28,016		43,982
Noninterest income		75,518		68,832		67,115		210,602		198,093
Noninterest expense		181,187		184,402		177,616		536,380		524,628
Income before income taxes		101,653		87,086		79,316		277,611		213,748
Income tax expense		17,775		15,909		20,414		50,081		53,565
Net income	$	83,878	$	71,177	$	58,902	$	227,530	$	160,183
Earnings excluding nonoperating items
Net income	$	83,878	$	71,177	$	58,902	$	227,530	$	160,183
Nonoperating income		—		—		—		1,145		(4,352)
Nonoperating expense		4,827		15,805		11,393		26,485		28,473
Income tax benefit		(1,014)		(3,319)		(3,988)		(5,549)		(8,442)
Nonoperating items, net of applicable income tax benefit		3,813		12,486		7,405		22,081		15,679
Operating earnings	$	87,691	$	83,663	$	66,307	$	249,611	$	175,862
NONINTEREST INCOME
Service charges on deposit accounts	$	21,377	$	20,981	$	21,444	$	63,806	$	60,711
Trust fees		16,738		11,653		10,742		39,726		33,459
Bank card and ATM fees		14,862		15,464		13,390		44,784		39,545
Insurance and investment commissions, and annuity fees		6,652		6,264		6,230		19,041		17,939
Secondary mortgage market operations		4,333		3,965		4,157		11,699		11,965
Amortization of FDIC loss share receivable		—		—		—		—		(2,427)
Other income		11,556		10,505		11,152		32,691		32,549
Total operating noninterest income		75,518		68,832		67,115		211,747		193,741
Nonoperating income		—		—		—		(1,145)		4,352
Total noninterest income	$	75,518	$	68,832	$	67,115	$	210,602	$	198,093
NONINTEREST EXPENSE
Personnel expense (g)	$	101,173	$	96,835	$	97,023	$	294,374	$	288,693
Net occupancy and equipment expense		15,452		15,340		15,728		45,228		46,965
Other real estate (income) expense, net		15		(289)		199		(64)		(818)
Other operating expense (g)		54,082		51,389		47,203		153,779		144,783
Amortization of intangibles		5,638		5,322		6,070		16,578		16,532
Total operating expense		176,360		168,597		166,223		509,895		496,155
Nonoperating expense		4,827		15,805		11,393		26,485		28,473
Total noninterest expense	$	181,187	$	184,402	$	177,616	$	536,380	$	524,628
COMMON SHARE DATA
Earnings per share:
Basic	$	0.96	$	0.82	$	0.68	$	2.62	$	1.85
Diluted		0.96		0.82		0.68		2.61		1.85
Operating earnings per share:
Diluted (h)	$	1.01	$	0.96	$	0.76	$	2.87	$	2.03

(f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21% for the three and nine months ended September 30, 2018 and the three months ended June 30, 2018, and 35% for the three and nine months ended September 30, 2017.

(g) Prior period presentation relfects a reclassification of certain pension related costs between personnel expense and other noninterest expense in accordance with ASU 2017-07.

(h) Refer to Appendix A for reconciliation of this non-GAAP measure.

9

HANCOCK WHITNEY CORPORATION
INCOME STATEMENT
(Unaudited)
	Three Months Ended
(dollars in thousands, except per share data)	9/30/2018		6/30/2018		3/31/2018		12/31/2017		9/30/2017
NET INCOME
Interest income	$	263,212	$	252,304	$	241,395	$	239,173	$	232,716
Interest income (TE) (f)		267,307		256,385		245,358		248,122		241,295
Interest expense		49,018		40,757		35,731		31,126		29,859
Net interest income (TE)		218,289		215,628		209,627		216,996		211,436
Provision for loan losses		6,872		8,891		12,253		14,986		13,040
Noninterest income		75,518		68,832		66,252		69,688		67,115
Noninterest expense		181,187		184,402		170,791		168,063		177,616
Income before income taxes		101,653		87,086		88,872		94,686		79,316
Income tax expense		17,775		15,909		16,397		39,237		20,414
Net income	$	83,878	$	71,177	$	72,475	$	55,449	$	58,902
Earnings excluding nonoperating items
Net income	$	83,878	$	71,177	$	72,475	$	55,449	$	58,902
Nonoperating income		—		—		1,145		—		—
Nonoperating expense		4,827		15,805		5,853		—		11,393
Income tax benefit		(1,014)		(3,319)		(1,216)		—		(3,988)
Income tax resulting from re-measurement of deferred tax asset		—		—		—		19,520		—
Nonoperating items, net of applicable income tax benefit		3,813		12,486		5,782		19,520		7,405
Operating earnings	$	87,691	$	83,663	$	78,257	$	74,969	$	66,307
NONINTEREST INCOME
Service charges on deposit accounts	$	21,377	$	20,981	$	21,448	$	22,455	$	21,444
Trust fees		16,738		11,653		11,335		11,079		10,742
Bank card and ATM fees		14,862		15,464		14,458		14,234		13,390
Investment and insurance commissions, and annuity fees		6,652		6,264		6,125		5,802		6,230
Secondary mortgage market operations		4,333		3,965		3,401		3,244		4,157
Other income		11,556		10,505		10,630		12,874		11,152
Total operating noninterest income		75,518		68,832		67,397		69,688		67,115
Nonoperating income		—		—		(1,145)		—		—
Total noninterest income	$	75,518	$	68,832	$	66,252	$	69,688	$	67,115
NONINTEREST EXPENSE
Personnel expense (g)	$	101,173	$	96,835	$	96,366	$	99,558	$	97,023
Net occupancy and equipment expense		15,452		15,340		14,436		14,968		15,728
Other real estate (income) expense, net		15		(289)		210		(340)		199
Other operating expense (g)		54,082		51,389		48,308		47,992		47,203
Amortization of intangibles		5,638		5,322		5,618		5,885		6,070
Total operating expense		176,360		168,597		164,938		168,063		166,223
Nonoperating expense		4,827		15,805		5,853		—		11,393
Total noninterest expense	$	181,187	$	184,402	$	170,791	$	168,063	$	177,616
COMMON SHARE DATA
Earnings per share:
Basic	$	0.96	$	0.82	$	0.83	$	0.64	$	0.68
Diluted		0.96		0.82		0.83		0.64		0.68
Operating earnings per share:
Diluted (h)	$	1.01	$	0.96	$	0.90	$	0.86	$	0.76

(f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21% for the three months ended September 30, 2018, June 30, 2018 and March 31, 2018, and 35% for the three months ended December 31, 2017 and September 30, 2017 .

(g) Prior period presentation relfects a reclassification of certain pension related costs between personnel expense and other noninterest expense in accordance with ASU 2017-07.

(h) Refer to Appendix A for reconciliation of this non-GAAP measure.

10

HANCOCK WHITNEY CORPORATION
PERIOD-END BALANCE SHEET
(Unaudited)
(dollars in thousands)	9/30/2018			6/30/2018			3/31/2018			12/31/2017			9/30/2017
ASSETS
Commercial non-real estate loans	$	8,438,884		$	8,410,961		$	8,336,222		$	8,297,937		$	8,129,429
Commercial real estate - owner occupied		2,300,271			2,233,794			2,185,543			2,142,439			2,076,014
Total commercial and industrial loans		10,739,155			10,644,755			10,521,765			10,440,376			10,205,443
Commercial real estate - income producing		2,311,699			2,342,192			2,394,862			2,384,599			2,511,808
Construction and land development loans		1,523,419			1,515,233			1,413,878			1,373,421			1,373,048
Residential mortgage loans		2,846,916			2,780,359			2,732,821			2,690,472			2,596,692
Consumer loans		2,122,528			2,088,378			2,029,178			2,115,295			2,099,294
Total loans		19,543,717			19,370,917			19,092,504			19,004,163			18,786,285
Loans held for sale		29,043			36,047			21,827			39,865			23,236
Securities		5,987,447			6,113,873			5,930,076			5,888,380			5,624,552
Short-term investments		108,074			104,210			61,541			92,384			111,725
Earning assets		25,668,281			25,625,047			25,105,948			25,024,792			24,545,798
Allowance for loan losses		(214,550)			(214,530)			(210,713)			(217,308)			(223,122)
Goodwill and other intangible assets		892,595			825,223			830,544			836,163			835,928
Other assets		1,751,849			1,689,707			1,571,558			1,692,439			1,658,151
Total assets	$	28,098,175		$	27,925,447		$	27,297,337		$	27,336,086		$	26,816,755
LIABILITIES
Noninterest-bearing deposits	$	8,140,530		$	8,165,796		$	8,230,060		$	8,307,497		$	7,896,384
Interest-bearing transaction and savings deposits		7,972,417			7,711,542			8,058,793			8,181,554			7,893,546
Interest-bearing public fund deposits		2,613,858			2,854,839			3,108,008			3,040,318			2,762,048
Time deposits		3,691,002			3,503,161			3,088,861			2,723,833			2,981,881
Total interest-bearing deposits		14,277,277			14,069,542			14,255,662			13,945,705			13,637,475
Total deposits		22,417,807			22,235,338			22,485,722			22,253,202			21,533,859
Short-term borrowings		2,276,647			2,314,190			1,452,097			1,703,890			1,737,151
Long-term debt		215,912			266,009			300,443			305,513			331,179
Other liabilities		208,931			180,355			163,037			188,532			351,291
Total liabilities		25,119,297			24,995,892			24,401,299			24,451,137			23,953,480
COMMON SHAREHOLDERS' EQUITY
Common stock net of treasury and capital surplus		2,028,160			2,022,258			2,016,405			2,010,833			2,012,835
Retained earnings		1,170,897			1,110,506			1,060,182			1,008,518			948,591
Accumulated other comprehensive income		(220,179)			(203,209)			(180,549)			(134,402)			(98,151)
Total common shareholders' equity		2,978,878			2,929,555			2,896,038			2,884,949			2,863,275
Total liabilities & shareholders' equity	$	28,098,175		$	27,925,447		$	27,297,337		$	27,336,086		$	26,816,755
CAPITAL RATIOS
Tangible common equity	$	2,086,283		$	2,104,332		$	2,065,494		$	2,048,787		$	2,027,347
Tier 1 capital (i)		2,323,612			2,324,691			2,261,741			2,214,723			2,167,917
Common equity (period-end) as a percent of total assets (period-end)		10.60	%		10.49	%		10.61	%		10.55	%		10.68	%
Tangible common equity ratio		7.67	%		7.76	%		7.80	%		7.73	%		7.80	%
Leverage (Tier 1) ratio (i)		8.50	%		8.66	%		8.51	%		8.43	%		8.34	%
Tier 1 risk-based capital ratio (i)		10.39	%		10.48	%		10.35	%		10.21	%		10.10	%
Total risk-based capital ratio (i)		12.02	%		12.12	%		12.00	%		11.90	%		11.84	%

(i) Estimated for most recent period-end.

11

HANCOCK WHITNEY CORPORATION
AVERAGE BALANCE SHEET
(Unaudited)
	Three Months Ended						Nine Months Ended
(dollars in thousands)	9/30/2018		6/30/2018		9/30/2017		9/30/2018		9/30/2017
ASSETS
Commercial non-real estate loans	$	8,403,921	$	8,350,436	$	8,088,195	$	8,348,851	$	8,006,716
Commercial real estate - owner occupied		2,228,631		2,207,871		2,065,501		2,199,259		2,021,074
Total commercial and industrial loans		10,632,552		10,558,307		10,153,696		10,548,110		10,027,790
Commercial real estate - income producing		2,364,839		2,354,508		2,467,939		2,367,704		2,355,811
Construction and land development loans		1,544,890		1,468,126		1,324,139		1,467,881		1,251,135
Residential mortgage loans		2,816,151		2,754,292		2,549,338		2,763,309		2,379,560
Consumer loans		2,106,207		2,058,001		2,096,107		2,083,381		2,078,326
Total loans		19,464,639		19,193,234		18,591,219		19,230,385		18,092,622
Loans held for sale		25,992		22,575		21,723		26,898		21,815
Securities (j)		6,186,410		6,032,058		5,679,841		6,039,645		5,321,974
Short-term investments		155,331		143,158		194,643		148,958		435,066
Earning assets		25,832,372		25,391,025		24,487,426		25,445,886		23,871,477
Allowance for loan losses		(214,376)		(212,766)		(224,537)		(214,637)		(222,623)
Goodwill and other intangible assets		886,226		827,760		837,107		849,279		798,050
Other assets		1,522,701		1,479,033		1,577,577		1,505,382		1,546,910
Total assets	$	28,026,923	$	27,485,052	$	26,677,573	$	27,585,910	$	25,993,814
LIABILITIES AND COMMON SHAREHOLDERS' EQUITY
Noninterest-bearing deposits	$	8,017,353	$	8,149,521	$	7,775,913	$	8,039,574	$	7,670,517
Interest-bearing transaction and savings deposits		7,944,349		7,860,019		8,097,370		7,948,819		7,685,213
Interest-bearing public fund deposits		2,682,269		2,970,117		2,764,961		2,906,067		2,618,215
Time deposits		3,377,588		3,121,817		2,711,574		3,160,943		2,543,834
Total interest-bearing deposits		14,004,206		13,951,953		13,573,905		14,015,829		12,847,262
Total deposits		22,021,559		22,101,474		21,349,818		22,055,403		20,517,779
Short-term borrowings		2,610,176		1,989,416		1,909,365		2,143,759		2,089,024
Long-term debt		241,517		299,695		339,535		281,876		408,191
Other liabilities		201,240		185,470		240,338		193,166		192,376
Common shareholders' equity		2,952,431		2,908,997		2,838,517		2,911,706		2,786,444
Total liabilities & shareholders' equity	$	28,026,923	$	27,485,052	$	26,677,573	$	27,585,910	$	25,993,814

(j) Average securities does not include unrealized holding gains/losses on available for sale securities.

12

HANCOCK WHITNEY CORPORATION
AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY
(Unaudited)
	Three Months Ended
	9/30/2018							6/30/2018							9/30/2017
(dollars in millions)	Average Balance		Interest		Rate			Average Balance		Interest		Rate			Average Balance		Interest		Rate
AVERAGE EARNING ASSETS
Commercial & real estate loans (TE) (k)	$	14,542.3	$	168.9		4.61	%	$	14,380.9	$	162.3		4.53	%	$	13,945.8	$	151.3		4.31	%
Residential mortgage loans		2,816.2		29.4		4.17	%		2,754.3		28.1		4.08	%		2,549.3		25.0		3.94	%
Consumer loans		2,106.2		28.6		5.39	%		2,058.0		27.2		5.30	%		2,096.1		29.4		5.57	%
Loan fees & late charges		—		—		0.00	%		—		0.2		0.00	%		—		(0.5)		0.00	%
Total loans (TE) (l)		19,464.7		226.9		4.63	%		19,193.2		217.8		4.55	%		18,591.2		205.2		4.39	%
Loans held for sale		26.0		0.3		3.60	%		22.6		0.3		5.22	%		21.7		0.2		3.97	%
US Treasury and government agency securities		144.7		0.8		2.21	%		145.6		0.8		2.22	%		125.6		0.7		2.08	%
CMOs and mortgage backed securities		5,092.4		31.1		2.44	%		4,932.0		29.3		2.38	%		4,575.0		25.4		2.21	%
Municipals (TE)		945.7		7.5		3.19	%		951.0		7.6		3.18	%		975.4		9.2		3.80	%
Other securities		3.6		—		2.81	%		3.5		—		2.84	%		3.8		0.0		1.94	%
Total securities (TE) (m)		6,186.4		39.4		2.55	%		6,032.1		37.7		2.50	%		5,679.8		35.3		2.48	%
Total short-term investments		155.3		0.7		1.71	%		143.1		0.6		1.61	%		194.7		0.6		1.17	%
Average earning assets yield (TE)	$	25,832.4	$	267.3		4.11	%	$	25,391.0	$	256.4		4.05	%	$	24,487.4	$	241.3		3.92	%
INTEREST-BEARING LIABILITIES
Interest-bearing transaction and savings deposits	$	7,944.3		10.9		0.54	%	$	7,860.0		9.3		0.47	%	$	8,097.4		8.4		0.41	%
Time deposits		3,377.6		14.1		1.66	%		3,121.8		11.5		1.48	%		2,711.6		7.7		1.12	%
Public funds		2,682.3		9.2		1.36	%		2,970.1		9.1		1.22	%		2,764.9		5.7		0.82	%
Total interest-bearing deposits		14,004.2		34.2		0.97	%		13,951.9		29.9		0.86	%		13,573.9		21.8		0.64	%
Short-term borrowings		2,610.2		11.8		1.81	%		1,989.4		7.4		1.49	%		1,909.4		4.4		0.92	%
Long-term debt		241.5		3.0		5.05	%		299.7		3.5		4.63	%		339.5		3.6		4.29	%
Total borrowings		2,851.7		14.8		2.07	%		2,289.1		10.9		1.91	%		2,248.9		8.0		1.43	%
Total interest-bearing liabilities cost		16,855.9		49.0		1.15	%		16,241.0		40.8		1.01	%		15,822.8		29.8		0.75	%
Net interest-free funding sources		8,976.5							9,150.0							8,664.6
Total cost of funds		25,832.4		49.0		0.75	%		25,391.0		40.8		0.64	%		24,487.4		29.8		0.48	%
Net Interest Spread (TE)			$	218.3		2.96	%			$	215.6		3.04	%			$	211.5		3.17	%
Net Interest Margin (TE)	$	25,832.4	$	218.3		3.36	%	$	25,391.0	$	215.6		3.40	%	$	24,487.4	$	211.5		3.44	%

(k) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21% for the three months ended September 30, 2018 and June 30, 2018 , and 35% for the three months ended September 30, 2017.

(l) Includes nonaccrual loans.

(m) Average securities does not include unrealized holding gains/losses on available for sale securities.

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HANCOCK WHITNEY CORPORATION
AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY
(Unaudited)
	Nine Months Ended
	9/30/2018							9/30/2017
(dollars in millions)	Average Balance		Interest		Rate			Average Balance		Interest		Rate
AVERAGE EARNING ASSETS
Commercial & real estate loans (TE) (k)	$	14,383.7	$	482.2		4.48	%	$	13,634.7	$	430.1		4.22	%
Residential mortgage loans		2,763.3		85.4		4.12	%		2,379.6		68.7		3.85	%
Consumer loans		2,083.4		84.8		5.44	%		2,078.3		85.3		5.49	%
Loan fees & late charges		—		0.7		0.00	%		—		(0.9)		0.00	%
Total loans (TE) (l)		19,230.4		653.1		4.54	%		18,092.6		583.2		4.31	%
Loans held for sale		26.9		0.8		3.89	%		21.8		0.7		4.09	%
US Treasury and government agency securities		146.2		2.4		2.21	%		122.6		1.9		2.07	%
CMOs and mortgage backed securities		4,937.7		88.2		2.38	%		4,208.4		70.1		2.22	%
Municipals (TE)		952.2		22.7		3.18	%		967.0		27.7		3.82	%
Other securities		3.5		0.1		2.57	%		24.0		0.3		1.92	%
Total securities (TE) (m)		6,039.6		113.4		2.50	%		5,322.0		100.0		2.50	%
Total short-term investments		149.0		1.7		1.56	%		435.1		3.0		0.94	%
Average earning assets yield (TE)	$	25,445.9	$	769.0		4.04	%	$	23,871.5		686.9		3.84	%
INTEREST-BEARING LIABILITIES
Interest-bearing transaction and savings deposits	$	7,948.8	$	29.3		0.49	%	$	7,685.2		21.0		0.37	%
Time deposits		3,160.9		35.4		1.50	%		2,543.9		19.3		1.01	%
Public funds		2,906.1		26.4		1.21	%		2,618.2		12.6		0.64	%
Total interest-bearing deposits		14,015.8		91.1		0.87	%		12,847.3		52.9		0.55	%
Short-term borrowings		2,143.8		24.5		1.53	%		2,089.0		11.7		0.75	%
Long-term debt		281.9		9.9		4.70	%		408.2		12.6		4.11	%
Total borrowings		2,425.7		34.4		1.90	%		2,497.2		24.3		1.29	%
Total interest-bearing liabilities cost		16,441.5		125.5		1.02	%		15,344.5		77.2		0.67	%
Net interest-free funding sources		9,004.4							8,527.0
Total cost of funds		25,445.9		125.5		0.66	%		23,871.5		77.2		0.43	%
Net Interest Spread (TE)			$	643.5		3.02	%			$	609.7		3.17	%
Net Interest Margin (TE)	$	25,445.9	$	643.5		3.38	%	$	23,871.5	$	609.7		3.41	%

(k) Taxable equivalent (TE) amounts are calculated using a marginal federal tax rate of of 21% for the nine months ended September 30, 2018 and 35% for the nine months ended September 30, 2017.

(l) Includes nonaccrual loans.

(m) Average securities does not include unrealized holding gains/losses on available for sale securities.

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HANCOCK WHITNEY CORPORATION
ASSET QUALITY INFORMATION
(Unaudited)
	Three Months Ended									Nine Months Ended
(dollars in thousands)	9/30/2018			6/30/2018			9/30/2017			9/30/2018			9/30/2017
Nonaccrual loans (n)	$	201,646		$	241,681		$	269,676		$	201,646		$	269,676
Restructured loans - still accruing		162,189			152,507			96,735			162,189			96,735
Total nonperforming loans		363,835			394,188			366,411			363,835			366,411
ORE and foreclosed assets		27,475			22,342			21,219			27,475			21,219
Total nonperforming assets	$	391,310		$	416,530		$	387,630		$	391,310		$	387,630
Nonperforming assets as a percent of loans, ORE and foreclosed assets		2.00	%		2.15	%		2.06	%		2.00	%		2.06	%
Accruing loans 90 days past due	$	24,460		$	7,941		$	28,850		$	24,460		$	28,850
Accruing loans 90 days past due as a percent of loans		0.13	%		0.04	%		0.15	%		0.13	%		0.15	%
Nonperforming assets + accruing loans 90 days past due to loans, ORE and foreclosed assets		2.12	%		2.19	%		2.21	%		2.12	%		2.21	%
ALLOWANCE FOR LOAN LOSSES
Beginning balance	$	214,530		$	210,713		$	221,865		$	217,308		$	229,418
Provision for loan losses		6,872			8,891			13,040			28,016			43,982
Decrease in allowance as a result of sale of subsidiary		—			—			—			(6,648)			—
Decrease in FDIC loss share receivable		—			—			—			—			(2,526)
Charge-offs		(9,878)			(15,499)			(18,795)			(43,813)			(61,932)
Recoveries		3,026			10,425			7,012			19,687			14,180
Net charge-offs		(6,852)			(5,074)			(11,783)			(24,126)			(47,752)
Ending Balance	$	214,550		$	214,530		$	223,122		$	214,550		$	223,122
Allowance for loan losses as a percent of period-end loans		1.10	%		1.11	%		1.19	%		1.10	%		1.19	%
Allowance for loan losses to nonperforming loans + accruing loans 90 days past due		55.25	%		53.35	%		56.45	%		55.25	%		56.45	%
NET CHARGE-OFF INFORMATION
Net charge-offs (recoveries)
Commercial & real estate loans	$	3,205		$	1,749		$	4,261		$	10,824		$	28,010
Residential mortgage loans		(1,055)			(290)			1,639			(1,269)			2,146
Consumer loans		4,702			3,615			5,883			14,571			17,596
Total net charge-offs	$	6,852		$	5,074		$	11,783		$	24,126		$	47,752
Net charge-offs (recoveries) as a percentage of average loans
Commercial & real estate loans		0.09	%		0.05	%		0.12	%		0.10	%		0.27	%
Residential mortgage loans		(0.15)	%		(0.04)	%		0.26	%		(0.06)	%		0.12	%
Consumer loans		0.89	%		0.70	%		1.11	%		0.94	%		1.13	%
Total net charge-offs as a percentage of average loans		0.14	%		0.11	%		0.25	%		0.17	%		0.35	%

(n) Included in nonaccrual loans are nonaccruing restructured loans totaling $92.7 million, $98.8 million and $119.7 million at 9/30/2018, 6/30/2018 and 9/30/2017, respectively. Nonaccrual loans and accruing loans past due 90 days or more do not include purchased credit impaired loans which were written down to fair value upon acquisition and accrete interest income over the remaining life of the loan.

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HANCOCK WHITNEY CORPORATION
ASSET QUALITY INFORMATION
(Unaudited)
	Three Months Ended
(dollars in thousands)	9/30/2018			6/30/2018			3/31/2018			12/31/2017			9/30/2017
Nonaccrual loans (n)	$	201,646		$	241,681		$	275,179		$	252,800		$	269,676
Restructured loans - still accruing		162,189			152,507			166,520			120,493			96,735
Total nonperforming loans		363,835			394,188			441,699			373,293			366,411
ORE and foreclosed assets		27,475			22,342			26,630			27,542			21,219
Total nonperforming assets	$	391,310		$	416,530		$	468,329		$	400,835		$	387,630
Nonperforming assets as a percent of loans, ORE and foreclosed assets		2.00	%		2.15	%		2.45	%		2.11	%		2.06	%
Accruing loans 90 days past due	$	24,460		$	7,941		$	12,724		$	27,766		$	28,850
Accruing loans 90 days past due as a percent of loans		0.13	%		0.04	%		0.07	%		0.15	%		0.15	%
Nonperforming assets + accruing loans 90 days past due to loans, ORE and foreclosed assets		2.12	%		2.19	%		2.52	%		2.25	%		2.21	%
Allowance for loan losses	$	214,550		$	214,530		$	210,713		$	217,308		$	223,122
Allowance for loan losses as a percentage of period-end loans		1.10	%		1.11	%		1.10	%		1.14	%		1.19	%
Allowance for loan losses to nonperforming loans + accruing loans 90 days past due		55.25	%		53.35	%		46.37	%		54.18	%		56.45	%
Provision for loan losses		6,872			8,891		$	12,253		$	14,986		$	13,040
NET CHARGE-OFF INFORMATION
Net charge-offs (recoveries)
Commercial & real estate loans	$	3,205		$	1,749		$	5,870		$	14,017		$	4,250
Residential mortgage loans		(1,055)			(290)			76			(371)			1,651
Consumer loans		4,702			3,615			6,254			7,154			5,882
Total net charge-offs	$	6,852		$	5,074		$	12,200		$	20,800		$	11,783
Net charge-offs (recoveries) as a percentage of average loans
Commercial & real estate loans		0.09	%		0.05	%		0.17	%		0.39	%		0.12	%
Residential mortgage loans		(0.15)	%		(0.04)	%		0.01	%		(0.06)	%		0.26	%
Consumer loans		0.89	%		0.70	%		1.22	%		1.35	%		1.11	%
Total net charge-offs as a percentage of average loans		0.14	%		0.11	%		0.26	%		0.44	%		0.25	%
AVERAGE LOANS
Commercial & real estate loans	$	14,542,281		$	14,380,941		$	14,224,370		$	14,096,091		$	13,945,774
Residential mortgage loans		2,816,151			2,754,292			2,718,413			2,642,308			2,549,338
Consumer loans		2,106,207			2,058,001			2,085,707			2,101,138			2,096,107
Total average loans	$	19,464,639		$	19,193,234		$	19,028,490		$	18,839,537		$	18,591,219

(n) Included in nonaccrual loans are nonaccruing restructured loans totaling $92.7 million, $98.8 million, $118.0 million, $99.2 million and $119.7 million at 9/30/2018, 6/30/2018, 3/31/2018, 12/31/17 and 9/30/17, respectively. Nonaccrual loans and accruing loans past due 90 days or more do not include purchased credit impaired loans which were written down to fair value upon acquisition and accrete interest income over the remaining life of the loan.

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HANCOCK WHITNEY CORPORATION
Appendix A To the Earnings Release
Reconciliation of Non-GAAP Measures
CORE NET INTEREST INCOME (TE) AND CORE NET INTEREST MARGIN (TE)
	Three Months Ended															Nine Months Ended
(dollars in thousands)	9/30/2018			6/30/2018			3/31/2018			12/31/2017			9/30/2017			9/30/2018			9/30/2017
Net interest income	$	214,194		$	211,547		$	205,664		$	208,047		$	202,857		$	631,405		$	584,265
Taxable equivalent adjustment (o)		4,095			4,081			3,963			8,949			8,579			12,139			25,441
Net interest income (TE)		218,289			215,628			209,627			216,996			211,436			643,544			609,706
Purchase accounting adjustments:
Net loan discount accretion (p)		5,415			6,376			7,108			8,280			7,711			18,899			21,529
Net investment premium amortization (q)		(221)			(259)			(315)			(320)			(364)			(795)			(1,216)
Net purchase accounting accretion		5,194			6,117			6,793			7,960			7,347			18,104			20,313
Net interest income (TE) - core	$	213,095		$	209,511		$	202,834		$	209,036		$	204,089		$	625,440		$	589,393
Average earning assets	$	25,832,372		$	25,391,025		$	25,106,283		$	24,812,676		$	24,487,426		$	25,445,886		$	23,871,477
Net interest margin (TE)		3.36	%		3.40	%		3.37	%		3.48	%		3.44	%		3.38	%		3.41	%
Net purchase accounting adjustments		0.08	%		0.09	%		0.11	%		0.13	%		0.12	%		0.10	%		0.11	%
Net interest margin (TE) - core		3.28	%		3.31	%		3.26	%		3.35	%		3.32	%		3.28	%		3.30	%

OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)
	Three Months Ended										Nine Months Ended
(dollars in thousands)	9/30/2018		6/30/2018		3/31/2018		12/31/2017		9/30/2017		9/30/2018		9/30/2017
Net interest income	$	214,194	$	211,547	$	205,664	$	208,047	$	202,857	$	631,405	$	584,265
Noninterest income		75,518		68,832		66,252		69,688		67,115		210,602		198,093
Total revenue	$	289,712	$	280,379	$	271,916	$	277,735	$	269,972	$	842,007	$	782,358
Taxable equivalent adjustment		4,095		4,081		3,963		8,949		8,579		12,139		25,441
Nonoperating revenue		—		—		1,145		—		—		1,145		(4,352)
Operating revenue (TE)	$	293,807	$	284,460	$	277,024	$	286,684	$	278,551	$	855,291	$	803,447
Noninterest expense		(181,187)		(184,402)		(170,791)		(168,063)		(177,616)		(536,380)		(524,628)
Nonoperating expense		4,827		15,805		5,853		—		11,393		26,485		28,473
Operating pre-provision net revenue (TE)	$	117,447	$	115,863	$	112,086	$	118,621	$	112,328	$	345,396	$	307,292

OPERATING EARNINGS PER SHARE - DILUTED
	Three Months Ended										Nine Months Ended
(in thousands, except per share amounts)	9/30/2018		6/30/2018		3/31/2018		12/31/2017		9/30/2017		9/30/2018		9/30/2017
Net Income	$	83,878	$	71,177	$	72,475	$	55,449	$	58,902	$	227,530	$	160,183
Net income allocated to participating securities		(1,544)		(1,328)		(1,366)		(1,104)		(1,244)		(4,238)		(3,566)
Net income available to common shareholders		82,334		69,849		71,109		54,345		57,658		223,292		156,617
Nonoperating items, net of applicable income tax		3,813		12,486		5,782		19,520		7,405		22,081		15,679
Nonoperating items allocated to participating securities		(71)		(233)		(109)		(390)		(156)		(413)		(342)
Operating earnings available to common shareholders	$	86,076	$	82,102	$	76,782	$	73,475	$	64,907	$	244,960	$	171,954
Weighted average common shares - diluted		85,539		85,483		85,423		85,303		84,980		85,482		84,818
Earnings per share - diluted	$	0.96	$	0.82	$	0.83	$	0.64	$	0.68	$	2.61	$	1.85
Operating earnings per share - diluted	$	1.01	$	0.96	$	0.90	$	0.86	$	0.76	$	2.87	$	2.03

(o) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21% for the three and nine months ended September 30, 2018 and the three months ended June 30, 2018 and March 31, 2018, and 35% for the three and nine months ended September 30, 2017 and the three months ended December 31, 2017.

(p) Includes net loan discount accretion arising from business combinations.

(q) Includes net investment premium amortization arising from business combinations.

1