Business
Forbes Names Hancock Whitney Among America’s Best Banks
National recognition ranks bank in top 100 based on growth, credit quality, profitability GULFPORT, Miss.--(BUSINESS WIRE)-- Forbes has named Hancock
About this update from Hancock Whitney Corporation
[{"type":"text","content":"\nNational recognition ranks bank in top 100 based on growth, credit quality, profitability\n\n GULFPORT, Miss.--(BUSINESS WIRE)--\nForbes has named Hancock Whitney—one of the country’s strongest, safest banks—as one of America’s Best Banks for 2022. The 13th annual list considers factors such as growth, credit quality, and profitability to choose the top 100 among the nation’s largest publicly traded banks.\n\n“Amid the incredible challenge and change the banking industry has managed in recent years, Forbes’ recognition of Hancock Whitney as a top-100 bank represents a testament to our associates’ commitment to the clients and communities we serve,” said Hancock Whitney President and CEO John M. Hairston. “We are honored to be named one of America’s Best Banks and grateful to the people, places, and businesses depending on us as their trusted financial and community partner.”\n\nTo compile the 2022 list of 100 Best Banks, Forbes relied on S&P Global Market Intelligence data to look at growth, profitability, and asset quality from bank regulatory filings through September 30, 2021. In ranking the banks, Forbes considered nine metrics: non-performing assets as a percentage of total assets; reserves as a percentage of non-performing assets; CET1 ratio, which compares a bank's capital against its risk-weighted assets; risk-based capital ratio; return on average tangible common equity; return on average assets; net interest margin; operating revenue growth; and net charge-offs as a percentage of total loans.\n\nThe full Forbes article and list of America’s Best Banks are available at https://www.forbes.com/sites/jasonbisnoff/2022/02/03/americas-best-banks-2022/?sh=1513fba11e8a.\n\nResilience and Commitment\n\nWith the onset of the global pandemic in early 2020, Hancock Whitney quickly initiated safe, innovative new ways to help people manage their money amid healthcare and economic upheavals, including emphasis on online and mobile banking and drive-through locations.\n\nAdditionally, especially active Atlantic hurricane seasons brought several named storms to the Gulf Coast, leaving devastation and further financial uncertainty across many of the communities Hancock Whitney serves. The bank’s efforts in the aftermath of those storms included giving away thousands of hot meals prepared by local businesses, distributing thousands of ...