Hancock Whitney Corporation · NASDAQ:HWC
Hancock Whitney — Hancock Holding — Gulf South Bank Conference 2018
13 slides from Hancock Whitney's conference presentation, May 4, 2018
Slide 1: Gulf South Bank Conference Fireside Chat May 7, 2018
Gulf South Bank Conference Fireside Chat May 7, 2018
Slide 2: Important cautionary statement about forward-looking statements
Important cautionary statement about forward-looking statements This presentation 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 ma
Slide 3: Non-GAAP Reconciliations & Glossary of Terms
Non-GAAP Reconciliations & Glossary of Terms Throughout this presentation non-GAAP numbers are noted with an asterisk “*”. Reconciliations of those non-GAAP results to the comparable GAAP number are included in the company’s most recent earnings release. The earnings release, financial tables and su
Slide 4: First Quarter 2018 Highlights
First Quarter 2018 Highlights (compared to fourth quarter 2017) Reported earnings increased $17.0 million, or 31%; excluding the impact of the DTA re-measurement charge and nonoperating items, earnings increased $3.3 million, or 4% First quarter included $7.0 million of nonoperating items related to
Slide 5: Sale of Harrison Finance
Sale of Harrison Finance Announced the sale of Hancock’s consumer finance company (Harrison Finance) line of business on February 22, 2018 Transaction closed March 9, 2018 Loans totaled $95 million at year-end 2017 Operated 35 branches with 137 FTE employees in LA, MS, AL & FL Loss on sale totaled $
Slide 6: Pending Purchase of Capital One's Trust & Asset Management Business
Pending Purchase of Capital One’s Trust & Asset Management Business Announced the proposed acquisition of Capital One’s trust & asset management line of business on December 18, 2017 Transaction is expected to close early third quarter of 2018, after receipt of regulatory approvals and the satisfact
Slide 7: NIM (TE) Impacted By Tax Reform, Interest Reversals, HFC Sale
NIM (TE) Impacted By Tax Reform, Interest Reversals, HFC Sale Reported net interest margin (NIM) of 3.37%, down 11 bps linked-quarter TCJA impacted the TE adjustment negatively 8 bps Interest reversals on nonaccrual loans negatively impacted the NIM 3 bps Sale of HFC compressed the NIM 2 bps NIM (TE
Slide 8: Near-Term Outlook
Near-Term Outlook 1Q18 Actual Items to note 2Q18 Outlook 2018 Outlook Loans up $88 million or less than Includes reduction of approximately Expect net loan growth of $250-$300 million Expect 5%-6% EOP growth year-over-year 1% LQA; up $888 million $95 million in loans related to the sale or 5% Y-o-Y
Slide 9: Long-Term Outlook 2018/2019 Corporate Strategic Objectives
Long-Term Outlook 2018/2019 Corporate Strategic Objectives (CSOs) Quarterly Objective 1Q18 Actual Earnings (EPS)/quarter $1.00—$1.10+ $.90 (excluding nonoperating items)* ROA (operating)* 1.15%—1.25%+ 1.17% TCE 8.5%+ 7.80% ROTCE (operating)* 15%+ 15.56% Efficiency Ratio* £ 56% 57.5% Goal is to achie
Slide 10: Well-Diversified Loan Portfolio
Well-Diversified Loan Portfolio Loans totaled $19.1 billion at quarter-end, an increase of $88 million Reflects decline of $95 million in consumer finance company loans related to the sale of Harrison Finance on March 9, 2018 Energy portfolio virtually unchanged Net loan growth during the quarter co
Slide 11: Criticized Commercial Loans
Criticized Commercial Loans Provision for loan losses was $12.3 million, down $2.7 million linked-quarter; the decline was related to the HFC sale Net charge-offs totaled $12.2 million, or 26 bps, down from $20.8 million, or 44 bps, in 4Q17 Criticized commercial loans totaled $1.1 billion at March 3
Slide 12: Nonperforming Loans
Nonperforming Loans Total HBHC Nonperforming Loans (nonaccrual loans + TDRs) $450 $400 $350 Nonperforming—energy $300 Total Nonperforming millions $250 in $200 s $ $150 $100 $50 $0 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 Total nonperforming loans $98 $126 $173 $164 $283 $ 30
Slide 13: Gulf South Bank Conference Fireside Chat May 7, 2018
Gulf South Bank Conference Fireside Chat May 7, 2018