Hancock Whitney Corporation · NASDAQ:HWC
Hancock Whitney — Hancock Holding — Investor Day (October 2009)
30 slides from Hancock Whitney's investor day presentation, Oct 8, 2009
Slide 1: Hancock Holding Company Analyst Day
HANCOCK HOLDING COMPANY DAY October 5, 2009
Slide 2: Safe Harbor Statement
Hancock Holding Company Analyst Day Day Congress passed the Private Securities Litigation Act of 1995 in an effort to encourage corporations to provide information about a company’s anticipated future financial performance. This act provides a safe harbor for such disclosure which protects the compa
Slide 3: Agenda
Hancock Holding Company Analyst Day - Agenda Day - Agenda * Welcome & Introductions * CEO Overview * Lines of Business Presentations - Retail - Credit Administration - Wealth Management - Commercial * Summary * Expansion Opportunities * Economic Outlook
Slide 4: Company at a glance
Hancock Holding Company Analyst Day Credit Ratings: * Moody’s (A-2) * DBRS (Sr. A-low) Bank: Est. Financial Offices: 157 ATMs: Trust Assets: $ 7.7 Billion Assets: $ 7.05 Billion Assets Under Mngt : $ 2.6 Billion Day
Slide 5: Investing in HBHC
Hancock Holding Company Investing in HBHC Investing in HBHC HBHC weathering the crisis … § Strong Capital & No Gov’t Bailout § Proactive Asset Quality Stance § Markets Insulated But Not Immune § Ample Liquidity § Earnings Potential
Slide 6: Rankings and recognition
Hancock Holding Company Analyst Day Day Ø Ranked one of the safest & strongest banks for 79 consecutive quarters (BauerFinancial June-2009) Ø Ranked in the top 10 best banks two years in a row (Bank Director Magazine 1Q-2009) Ø Top 100 Most Trustworthy Companies (Forbes April-2009) Ø Ranked #12 out
Slide 7: HBHC Management Team
Hancock Holding Company Analyst Day Day HBHC MANAGEMENT TEAM
Slide 8: HBHC Management Team
Analyst Day - HBHC Management Team Hancock Holding Company Day - HBHC Management Team Carl Chaney Age Banking Member President & CEO John Hairston CEO & Chief Operating Officer Experience (Yrs) Ricky Hill EVP - Retail Banking Mike Achary EVP - Chief Financial Officer
Slide 9: HBHC Management Team
Analyst Day - HBHC Management Team Hancock Holding Company Day - HBHC Management Team Member Age Banking Experience (Yrs) Ed Francis EVP - Commercial Banking Shane Loper EVP & Chief Operations Officer Gerry Dugal SVP - Treasurer Sam Kendricks SVP - Chief Credit Policy Officer Clif Saik EVP - Wealth
Slide 10: Strategic Focus Points
Hancock Holding Company Analyst Day Ø Capital Preservation Strategic Focus Points: Ø Acquisition Opportunities Ø Top Quartile Performance § Franchise § Customers § Associates Ø Keep the Company Safe Day
Slide 11: Economy & Unemployment
Economy & Unemployment Hancock Holding Company Economy & Unemployment Ø Unemployment Peaks @ 10.0 % between 4Q-2009 and 1Q-2010 Ø Economic Growth Forecasted for 2H-2009, & 2011 Ø HBHC MSA’s Not Immune to National Recession
Slide 12: Economy & Unemployment
Economy & Unemployment Hancock Holding Company Economy & Unemployment Ø Fed Funds Target Rate: * 0.25 % (2H-2009) * FOMC Increases FF Rate (3Q-2010) Ø Credit Markets “Thawing”: * 3-Month LIBOR @ 0.29 %
Slide 13: Economic Forecast
Economic Forecast Hancock Holding Company Bloomberg Survey Selected Indicators Current Q3 2009 Q4 2009 Q1 2010 Q2 2010 2010 avg. 2011 avg. GDP -1.0% 2.9% 2.2% 2.4% 2.5% 2.4% 2.9% Unemployment Rate 9.7% 9.7% 10.0% 10.0% 9.9% 9.8% 8.8% Core PCE Prices (y/y) 1.4% 1.4% 1.4% 1.3% 1.3% 1.4% 1.9% Bloomberg
Slide 14: Regional Markets - Better Than National Average
Regional Markets - Better Than National Avg. Hancock Holding Company Regional Markets - Better Than National Avg. Ø HBHC Local Markets ** § Gulfport / Biloxi: § Pascagoula: § Hattiesburg: § Alexandria: 7.7 % 8.6 % 8.3 % 7.7 % 7.7 % 7.7 % 11.1 % 9.5 % § Baton Rouge: § New Orleans: § Mobile: § Pensaco
Slide 15: Credit Administration
Hancock Holding Company Analyst Day - Credit Administration Day - Credit Administration Ø Loan Portfolio Composition Ø Loan Approval Process Ø Asset Quality
Slide 16: Loan Approval Process
Hancock Holding Company Analyst Day - Credit Administration Loan Approval Process: Day - Credit Administration Ø Consumer & Sm. Business Ø Commercial Lending - - Regional Credit Officers Ø Relationship-Based Credits Ø Credit Oversight
Slide 17: Loan Portfolio (2Q-09 EOP)
Hancock Holding Company Loan Portfolio (2Q-09 EOP) Loan Portfolio (2Q-09 EOP) Commercial Non- RE Consumer Consumer Direct Cons. Finance Mortgage Commercial RE Secured Total Loans $ 4.320 Billion Total Loans $ 4.320 Billion Construction & Land Dev Indirect Total Total Municipal Loans Lease Financing
Slide 18: Construction & Land Development (2Q-09 EOP)
Hancock Holding Company Construction & Land Dev. (2Q-09 EOP) Construction & Land Dev. (2Q-09 EOP) Residential Const. LA LA Commercial N-Own/Occ. Commercial Own/Occ. Total Const/Land Total Const/Land Land Development Lots $ 48 $ 58 $ 55 $ 77 $ 57 Construction/Land (000) Construction/Land (000) $ 100m
Slide 19: Commercial Real Estate (2Q-09 EOP)
Hancock Holding Company Commercial Real Estate (2Q-09 EOP) Commercial Real Estate (2Q-09 EOP) CRE Term Own/Occ. LA LA CRE LOC Own/Occ. CRE Term N-Own/Occ. Total CRE Secured Total CRE Secured CRE LOC N-Own/Occ. $ 257 $ 315 $ 30 $ 35 Commercial RE (000) Commercial RE (000) $ 490mm $ 65mm $ 52mm $ 1,13
Slide 20: Non Performing Assets
Hancock Holding Company Non Performing Assets Non Performing Assets $ 43.1 $ 19.8 $ 16.6 $ 10.5 $ 8.8 $ 6.1 $ 4.2 $ 5.2 $ 9.8 $ 15.4 $ 8.8 $ 35.3 $ 24.0 $ 44.2 1.01 % 0.35 % 0.29 % 0.20 % 0.13 % 0.16 % 0.25 % 0.28 % 0.43 % 0.46 % 0.52 % 0.59 % 0.83 % 1.04 % $0.0 $5.0 $10.0 $15.0 $20.0 $25.0 $30.0 $3
Slide 21: Net Charge-Offs
Hancock Holding Company Net Charge-Offs Net Charge-Offs $ 16.0 $ 7.1 $ 4.2 $ 12.6 $ 1.5 $ 2.4 $ 1.9 $ 1.5 $ 1.5 $ 2.6 $ 3.0 $ 0.1 $ 2.9 $ 2.5 1.50 % 0.67 % 1.20 % 0.42 % 0.27 % 0.32 % 0.26 % 0.21 % 0.18 % 0.18 % 0.19 % 0.34 % 0.40 % 0.10 % ($3.5) ($1.5) $0.5 $2.5 $4.5 $6.5 $8.5 $10.5 $12.5 $14.5 $16
Slide 22: Retail Banking
Hancock Holding Company Analyst Day - Retail Banking Day - Retail Banking Ø Consumer Segmentation of the Customer & Prospect Universe Ø Hancock Hospitality Ø Sm. Business & Affluent Focus
Slide 23: Commercial Banking
Hancock Holding Company Analyst Day - Commercial Banking Day - Commercial Banking Ø Relationship Focused Ø Incentive Compensation Plan Ø Credit Demand / Opportunities
Slide 24: Wealth Management
Hancock Holding Company Analyst Day - Wealth Management Day - Wealth Management Ø Integrated, Relationship-Based: § Private Banking § Trust § Investments § Insurance Ø Fee Goals: § % of Non-Interest Income § % of HBHC Earnings
Slide 25: Expansion Opportunities
HANCOCK HOLDING COMPANY EXPANSION OPPORTUNITIES
Slide 26: Gulf South Growth Opportunities
Hancock Holding Company LA MS AL FL Analyst Day - Expansion Opportunities LA MS AL FL Gulf South Growth Opportunities Day - Expansion Opportunities Lake Charles Lake Charles Lafayette Lafayette Houma Houma Birmingham Birmingham Montgomery Montgomery Panama City Panama City Tallahassee Tallahassee Ja
Slide 27: Expansion Opportunities
Hancock Holding Company Analyst Day - Expansion Opportunities Ø FDIC - Assisted Ø Selected Markets Ø Whole Bank Day - Expansion Opportunities
Slide 28: Hancock Holding Company
HANCOCK HOLDING COMPANY
Slide 29: Questions & Answers
HANCOCK HOLDING COMPANY QUESTIONS & ANSWERS
Slide 30: 2009 Analyst Day
Hancock Holding Company 2009 Analyst Day 2009 Analyst Day Carl J. Chaney - President & CEO carl_chaney@hancockbank.com Michael M. Achary - EVP & CFO michael_achary@hancockbank.com Paul D. Guichet - VP, Investor Relations paul_guichet@hancockbank.com P.O. Box 4019, Gulfport, MS 39502 P.O. Box 4019, G