Condensed Parent Company Information

12 Months Ended

Dec. 31, 2024

Condensed Financial Information Disclosure [Abstract]

Condensed Parent Company Information

Note 21. Condensed Parent Company Information

The following condensed financial statements reflect the accounts and transactions of Hancock Whitney Corporation only:

Condensed Balance Sheets

	December 31,
($ in thousands)	2024		2023
Assets:
Cash	$	272,693	$	218,714
Investment in bank subsidiaries		3,994,927		3,712,718
Investment in non-bank subsidiaries		27,460		29,446
Due from subsidiaries and other assets		3,301		11,628
Total assets	$	4,298,381	$	3,972,506
Liabilities and Stockholders' Equity:
Long term debt	$	167,120	$	166,968
Other liabilities		3,625		1,877
Stockholders' equity		4,127,636		3,803,661
Total liabilities and stockholders' equity	$	4,298,381	$	3,972,506

Condensed Statements of Income

	Years Ended December 31,
($ in thousands)	2024			2023			2022
Operating income
From subsidiaries:
Cash dividends received from bank subsidiaries	$	205,000		$	185,000		$	180,000
Cash dividend from nonbank subsidiary		6,000			—			2,500
Equity in earnings of subsidiaries greater than dividends received		265,188			222,731			355,853
Total operating income		476,188			407,731			538,353
Other expense, net		19,828			19,587			17,708
Income tax benefit		(4,455	)		(4,458	)		(3,444	)
Net income	$	460,815		$	392,602		$	524,089
Other comprehensive income (loss), net of tax		15,035			151,055			(718,247	)
Comprehensive income (loss)	$	475,850		$	543,657		$	(194,158	)

Condensed Statements of Cash Flows

	Years Ended December 31,
($ in thousands)	2024			2023			2022
Cash flows from operating activities - principally    dividends received from subsidiaries	$	227,125		$	198,093		$	192,816
Net cash provided by operating activities		227,125			198,093			192,816
Cash flows from investing activities:
Proceeds from sale of premises and equipment		320			—			855
Net cash provided by investing activities		320			—			855
Cash flows from financing activities:
Dividends paid to stockholders		(130,840	)		(104,697	)		(94,458	)
Repurchase of common stock		(37,690	)		—			(58,892	)
Proceeds from dividend reinvestment and other incentive plans		4,422			3,815			3,972
Payroll tax remitted on net share settlement of equity awards		(9,358	)		(5,681	)		(7,386	)
Net cash used in financing activities		(173,466	)		(106,563	)		(156,764	)
Net increase in cash		53,979			91,530			36,907
Cash, beginning of year		218,714			127,184			90,277
Cash, end of year	$	272,693		$	218,714		$	127,184