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Condensed Parent Company Information
12 Months Ended
Dec. 31, 2025
Condensed Financial Information Disclosure [Abstract]  
Condensed Parent Company Information

Note 22. 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)

 

2025

 

 

2024

 

Assets:

 

 

 

 

 

 

 

 

Cash

 

$

 

264,514

 

 

$

 

272,693

 

Investment in bank subsidiaries

 

 

 

4,341,452

 

 

 

 

3,994,927

 

Investment in non-bank subsidiaries

 

 

 

25,830

 

 

 

 

27,460

 

Due from subsidiaries and other assets

 

 

 

3,182

 

 

 

 

3,301

 

Total assets

 

$

 

4,634,978

 

 

$

 

4,298,381

 

Liabilities and Stockholders' Equity:

 

 

 

 

 

 

 

 

Long term debt

 

$

 

167,272

 

 

$

 

167,120

 

Other liabilities

 

 

 

7,589

 

 

 

 

3,625

 

Stockholders' equity

 

 

 

4,460,117

 

 

 

 

4,127,636

 

Total liabilities and stockholders' equity

 

$

 

4,634,978

 

 

$

 

4,298,381

 

 

Condensed Statements of Income

 

 

 

Years Ended December 31,

 

($ in thousands)

 

2025

 

 

2024

 

 

2023

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

From subsidiaries:

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends received from bank subsidiaries

 

$

 

380,000

 

 

$

 

205,000

 

 

$

 

185,000

 

Cash dividend from nonbank subsidiary

 

 

 

6,000

 

 

 

 

6,000

 

 

 

 

—

 

Equity in earnings of subsidiaries greater than dividends received

 

 

 

115,053

 

 

 

 

265,188

 

 

 

 

222,731

 

Total operating income

 

 

 

501,053

 

 

 

 

476,188

 

 

 

 

407,731

 

Other expense, net

 

 

 

19,885

 

 

 

 

19,828

 

 

 

 

19,587

 

Income tax benefit

 

 

 

(4,905

)

 

 

 

(4,455

)

 

 

 

(4,458

)

Net income

 

$

 

486,073

 

 

$

 

460,815

 

 

$

 

392,602

 

Other comprehensive income, net of tax

 

 

 

229,841

 

 

 

 

15,035

 

 

 

 

151,055

 

Comprehensive income

 

$

 

715,914

 

 

$

 

475,850

 

 

$

 

543,657

 

 

Condensed Statements of Cash Flows

 

 

 

Years Ended December 31,

 

($ in thousands)

 

2025

 

 

2024

 

 

2023

 

Cash flows from operating activities - principally
   dividends received from subsidiaries

 

$

 

396,358

 

 

$

 

227,125

 

 

$

 

198,093

 

Net cash provided by operating activities

 

 

 

396,358

 

 

 

 

227,125

 

 

 

 

198,093

 

Cash flows from investing activities:

 

 

 

 

 

 

 

 

 

 

 

 

Proceeds from sale of premises and equipment

 

 

 

—

 

 

 

 

320

 

 

 

 

—

 

Net cash provided by investing activities

 

 

 

—

 

 

 

 

320

 

 

 

 

—

 

Cash flows from financing activities:

 

 

 

 

 

 

 

 

 

 

 

 

Dividends paid to stockholders

 

 

 

(153,803

)

 

 

 

(130,840

)

 

 

 

(104,697

)

Repurchase of common stock

 

 

 

(246,874

)

 

 

 

(37,690

)

 

 

 

—

 

Proceeds from dividend reinvestment and other incentive plans

 

 

 

4,441

 

 

 

 

4,422

 

 

 

 

3,815

 

Payroll tax remitted on net share settlement of equity awards

 

 

 

(8,301

)

 

 

 

(9,358

)

 

 

 

(5,681

)

Net cash used in financing activities

 

 

 

(404,537

)

 

 

 

(173,466

)

 

 

 

(106,563

)

Net increase (decrease) in cash

 

 

 

(8,179

)

 

 

 

53,979

 

 

 

 

91,530

 

Cash, beginning of year

 

 

 

272,693

 

 

 

 

218,714

 

 

 

 

127,184

 

Cash, end of year

 

$

 

264,514

 

 

$

 

272,693

 

 

$

 

218,714