Slide 1: Second Quarter 2026 Earnings Conference Call
Second Quarter 2026 Earnings Conference Call 7/21/2026 HANCOCK WHITNEY
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 we may use non-GAAP numbers to supplement the evaluation of our performance. The items noted below with an asterisk, "*", are considered non-GAAP. These non-GAAP financial measures should not be considered alternatives to GAAP
Slide 4: Corporate Profile
Corporate Profile $36.3 billion in Total Assets (Healthcare) $24.6 billion in Total Loans (ABL) (Trust) (Operations) $29.6 billion in Total Deposits 13.18% CET1 Ratio* 9.78% TCE Ratio $6.0 billion in Market Cap Baa2 182 226 Moody’s banking locations ATMs Long-term issuer rating; stable outlook BBB A
Slide 5: How we do business
How we do business Our Mission. Our Purpose. Our Promise to Associates. Each day, we reaffirm our We work hard to create We honor and respect mission to help people achieve opportunities for people and associates with a heartfelt their financial goals and the communities we serve, our promise: You c
Slide 6: HWC Strong and Stable for More Than 125 Years
HWC Strong and Stable for More Than 125 Years ► Strength to manage through challenging economic environments ► Density in resilient deposit markets ► Stable, seasoned, diversified deposits; ability to organically grow deposits ► Near top quartile capital levels including all unrealized losses ► Abil
Slide 7: One Florida Bank Transaction Overview
One Florida Bank Transaction Overview ► Total consideration of $377.6 million cash for all outstanding common shares and options Transaction ► P / TBVPS= 200% Consideration ► P / 2026E Core EPS = 14.4x & Valuation ► Franchise premium / core deposits = 11.8% ► Cost Savings: 40%, or $15.8 million, pha
Slide 8: Second Quarter 2026 Highlights
Second Quarter 2026 Highlights ► Net income totaled $127.0 million, or $1.55 per diluted ($s in millions; except per share data) 2Q26 1Q26 2Q25 share, compared to $47.4 million, or $0.57 per diluted share in 1Q26 Net income $127.0 $47.4 $113.5 – There were no supplemental disclosure items in 2Q26; P
Slide 9: Loan Growth Driven By Seasonally Strong Production
Loan Growth Driven By Seasonally Strong Production Quarter-Over-Quarter Waterfall by Activity Type ► Loans totaled $24.6 billion, up $588 million, or 10% $26,250 $427 LQA $1,458 $455 – Growth driven primarily by an increase in C&I lending, $24,750 Healthcare and Commercial Real Estate across multipl
Slide 10: Loan Portfolio Composition Diversified and De-Risked
Loan Portfolio Composition Diversified and De-Risked ► Loan portfolio diverse across a number of Total Loans % of Total ($s in millions) Outstanding Loans Commitment segments and industries Commercial non-RE (C&I) $7,677 31.2% $ 13,797 ► Conservative underwriting in both type and CRE – owner 2,793 1
Slide 11: Strong Deposit Growth Linked Quarter
Strong Deposit Growth Linked Quarter ► Total deposits of $29.6 billion, up $548 million, or 8% EOP Deposits Mix ($) LQA 30,000 – Noninterest-bearing DDA, virtually flat linked-quarter 25,000 $ in millions 20,000 – DDA as a % of total deposits was 35% in 2Q26, compared to 36% in 1Q26 15,000 – Increas
Slide 12: Continued Resilient Asset Quality
Continued Resilient Asset Quality $700 $600 3.15% 3.01% 2.88% 2.79% 2.55% $500 $400 $300 $200 0.40% 0.48% 0.45% 0.47% 0.46% $100 $0 2Q25 3Q25 4Q25 1Q26 2Q26 Total Loans $23,462 $23,597 $23,958 $23,992 $24,580 Total Commercial Loans 18,057 18,234 18,601 18,714 19,323 Criticized Commercial Loans 569 5
Slide 13: Maintained Solid Reserves
Maintained Solid Reserves ► Provision for the second quarter of 2026 of $13.8 million, Reserve Build / reflects $9.4 million of net charge-offs and a reserve build of Net Charge-offs (Release) Total Provision $4.4 million – Quarter-end reserve coverage solid at 1.42% ($s in millions) 2Q26 1Q26 2Q26
Slide 14: Portfolio Restructuring Drives Yield Increase
Portfolio Restructuring Drives Yield Increase ► Securities portfolio* totaled $8.3 billion at 6/30/2026, down $109 million linked-quarter Securities Portfolio* Mix 6/30/2026 ► 77% AFS, 23% HTM at 6/30/2026 $s in millions Munis ► $359 million in notional FV hedges are designated on $505 $388 million
Slide 15: NIM Up Linked-Quarter
NIM Up Linked-Quarter ► 2Q26 NIM 3.56%, up 1 bp from 1Q26 3.70% 0.03% – NIM 3.55% for the month of June 2026 0.02% 3.50% 0.01% 0.03% ► NII (TE) of $295.2 million, up $7.7 million, or 3%, compared to $287.6 million in the prior quarter 3.30% − Increase in NII primarily driven by a higher investment p
Slide 16: Key IRR Metrics
Key IRR Metrics Loans ► Loans totaled $24.6 billion at June 30, 2026 40% fixed, 60% variable (includes hybrid ARMs) – – 75% of variable loans tied to SOFR – 22% of variable loans tied to Wall Street Journal Prime – 3% of variable loans tied to other indices ► Approximately 4% ($600 million) of the v
Slide 17: Fee Income Growth
Fee Income Growth $120 $0.5 $98.6 $1.1 $2.0 $1.5 $100 $2.8 $106.1 $108.4 $80 $s in millions $60 $40 $20 $7.5 $0 1Q26 Noninterest Supplemental 1Q26 Adjusted Bank Card & Investment & Trust Fees Secondary Other 2Q26 Noninterest Income Disclosure Item Noninterest ATM fees Annuity Income Mortgage Income
Slide 18: Expense Growth Related to Merit Increases and New Hires
Expense Growth Related to Merit Increases and New Hires $250 $0.3 $0.2 $225 $3.0 $1.0 $1.2 $220.7 $225.4 $200 $s in millions $175 $150 $125 $100 1Q26 Noninterest Personnel Occupancy and Amortization of ORE/OFA Other (net) 2Q26 Noninterest Expense Expense Equipment Intangibles Expenses Expense Nonint
Slide 19: Capital Deployed Through Organic Growth and Buybacks
Capital Deployed Through Organic Growth and Buybacks ► CET1 ratio estimated at 13.18%, down 11 bps linked- CET1 Ratio and quarter Tangible Tier 1 Risked- Total Common Equity Leverage Based Capital Risk-Based ► Leverage (Tier 1) ratio estimated at 10.87%, down 2 bps Ratio Ratio Ratio Capital Ratio li
Slide 20: 2026 Forward Guidance
2026 Forward Guidance FY 2026 Outlook Including OFB (assumes August 1 close and excludes one-time 2Q26 Actual Excluding OFB acquisition costs) Loans (EOP), compared to 2025 EOP $24.6B Up mid single digits Up low double digits levels Deposits (EOP), compared to 2025 EOP $29.6B Up mid single digits(3)
Slide 21: Appendix and Non-GAAP Reconciliations
Appendix and Non-GAAP Reconciliations Appendix and Non-GAAP Reconciliations CHANCOCK WHITNEY
Slide 22: Summary Balance Sheet
Summary Balance Sheet ($ in millions) Change Change 2Q26 1Q26 2Q25 LQ Prior Year YTD 2026 YTD 2025 Y-o-Y EOP Balance Sheet 24,580.2 23,991.8 23,461.7 588.4 1,118.5 Loans 24,580.2 23,461.7 1,118.5 7,891.4 8,028.0 7,868.0 (136.6) 23.4 Securities 7,891.4 7,868.0 23.4 33,039.5 32,306.7 31,965.1 732.8 1,
Slide 23: Balance Sheet Summary
Balance Sheet Summary Average Loans Average Securities* Average Deposits ($s in billions) ($s in billions) ($s in billions) $25 $11 $32 $24.3 $24.0 $23.7 $10 $24 $23.4 $30 $28.8 $28.8 $28.8 $23.2 $28.6 $28.5 $9 $8.4 $8.5 $8.3 $8.3 $8.3 $23 $28 $8 $22 $26 $7 $21 $6 $24 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 3
Slide 24: ICRE Segmentation Detail and Key Metrics
ICRE Segmentation Detail and Key Metrics ► ICRE loan portfolio is diversified by asset class, Total Loans % of Total industry and geographic region ($s in millions) Outstanding Loans Commitment Multifamily $1,257 5.1% $1,271 ► ICRE 19% of total loans and includes a variety of Retail 807 3.3% 830 col
Slide 25: EOP Loan Repricing and Maturity
EOP Loan Repricing and Maturity Repricing/Maturity Term (1) Rate Structure 3 months 4-12 Over 15 Total Loans Variable Fixed 1-3 Years 3-5 Years 5-15 Years ($s in millions) or less months Years (EOP) Rate Rate Commercial Non-RE $6,295 $375 $849 $1,433 $965 $44 $9,961 $6,407 $3,554 CRE-Owner 1,151 123
Slide 26: Total Loan Rates and Yield Trends
Total Loan Rates and Yield Trends Total Loans Fixed Loans Variable Loans Total Loan Yield (2) Total New Loan Rate (3) $30,000 8.00% 7.60% $25,000 7.20% 7.06% 6.78% 6.78% $20,000 6.80% 6.26% 6.40% 6.16% $ in millions 6.04% $15,000 5.84% 5.86% 5.87% 6.00% 5.75% 5.62% 5.60% 5.60% $13,557 $13,771 $13,80
Slide 27: Maintaining a Seasoned, Stable, Diversified Deposit Base
Maintaining a Seasoned, Stable, Diversified Deposit Base ► DDA as a % of total deposits remains strong at 35% at June 30, 2026 ► Uninsured deposits (adjusted for collateralized public funds) were 41.8% at June 30, 2026, compared to 39.2% at March EOP Deposits by Line of Business 31, 2026 6/30/2026 –
Slide 28: Strong Liquidity Position; Multiple Sources of Funding Available
Strong Liquidity Position; Multiple Sources of Funding Available ► Currently have approximately $20.5 billion in internal At June 30, 2026 Total Amount Net and external sources of liquidity if needed $ in millions Sources Used Availability ► Approximately $18.5 billion in remaining net liquidity Int
Slide 29: Summary Income Statement
Summary Income Statement ($ in millions, except for per share data) Change Change 2Q26 1Q26 2Q25 LQ Prior Year YTD 2026 YTD 2025 Y-o-Y 295.2 287.6 279.5 7.6 15.7 Net interest income (TE) 582.8 552.2 30.6 13.8 13.2 14.9 0.6 (1.1) Provision for credit losses 26.9 25.4 1.5 108.4 7.5 98.5 100.9 9.8 Noni
Slide 30: Income Statement Summary (as Adjusted)
Income Statement Summary (as Adjusted*) Adjusted PPNR* Net Interest Income (TE) Net Interest Margin (TE) ($s in millions) ($s in millions) $190 $320 3.75% $178.1 $175.6 $174.0 $295.2 3.55% 3.56% $180 $172.9 $300 $287.6 3.60% $167.9 $282.3 $284.7 3.49% 3.49% 3.48% $279.5 $170 $280 3.45% $160 $260 3.3
Slide 31: Current Hedge Positions
Current Hedge Positions Cash Flow (CF) Hedges ► Receive 276 bps versus paying 1-month SOFR on $1.8 billion ► Two additional hedges were executed while no terminations were made during the second quarter of 2026 ► Total termination value on remaining active CF hedges is approximately ($23) million as
Slide 32: PPNR and Adjusted PPNR Reconciliation
PPNR (TE) and Adjusted PPNR (TE) Reconciliation Three Months Ended Six Months Ended (in thousands) 2Q26 1Q26 4Q25 3Q25 2Q25 YTD 2026 YTD 2025 Net Income (GAAP) $126,961 $47,422 $125,572 $127,466 $113,531 $174,383 $233,035 Provision for credit losses 13,775 13,172 13,145 12,651 14,925 26,947 25,387 I
Slide 33: Adjusted Efficiency Ratio Reconciliation
Adjusted Efficiency Ratio Reconciliation Three Months Ended Six Months Ended (in thousands) 2Q26 1Q26 4Q25 3Q25 2Q25 YTD 2026 YTD 2025 Net interest income $293,012 $285,165 $282,170 $279,738 $276,959 $578,177 $546,864 Noninterest income 108,350 7,482 107,131 106,001 98,524 115,832 193,315 Total GAAP
Slide 34: Adjusted EPS Reconciliation
Adjusted Earnings Per Share – Diluted Reconciliation Three Months Ended (in thousands) 2Q26 1Q26 2Q25 Net Income (GAAP) $126,961 $47,422 $113,531 Net income allocated to participating securities (330) (159) (486) Net income available to common shareholders $126,631 $47,263 $113,045 Supplemental disc
Slide 35: Second Quarter 2026 Earnings Conference Call
Second Quarter 2026 Earnings Conference Call 7/21/2026 HANCOCK WHITNEY