Hancock Whitney Corp (NASDAQ:HWC) stock fell 0.12% (As on July 16, 11:20:34 AM UTC-4, Source: Google Finance) after the company reported second quarter earnings that fell short of analyst expectations. The regional bank posted net income of $113.5 million for the second quarter of 2025 compared to the same period last year, net income remained relatively flat, with Q2 2024 earnings at $114.6 million. The net interest income increased to $277 million from $270.4 million in the year-ago quarter. Net interest margin improved to 3.49%, up 6 basis points from the previous quarter. Net interest income (TE) for the second quarter of 2025 was $279.5 million, an increase of $6.7 million, or 2%, from the first quarter of 2025. The total allowance for credit losses (ACL) was $340.3 million at June 30, 2025, down $2.9 million, or 1%, from March 31, 2025. Common stockholders’ equity at June 30, 2025 totaled $4.4 billion, up $86.7 million, or 2%, from March 31, 2025. The company’s CET1 ratio is estimated to be 14.03% at June 30, 2025, down 45 bps linked-quarter.

Moreover, total loans were $23.5 billion at June 30, 2025, up $363.6 million, or 2%, from March 31, 2025. Loan growth occurred across most commercial segments due to stronger loan demand, increasing line utilization, and lower payoffs. Average loans totaled $23.2 billion for the second quarter of 2025, up $180.7 million, or 1%, linked-quarter. In 2025, HWC expects low-single digit loan growth from December 31, 2024 levels. Total deposits at June 30, 2025 were $29.0 billion, down $148.1 million, or 1%, from March 31, 2025. The linked-quarter decrease in deposits was primarily due to a decrease in retail time deposits driven by maturity concentration and promotional rate reductions during the second quarter of 2025 and a decrease in interest-bearing public funds driven by seasonal outflows. Average deposits for the second quarter of 2025 were $28.6 billion, down $102.5 million, or less than 1%, linked-quarter. Management expects 2025 period-end deposit levels to be up low-single digits from December 31, 2024 levels.

HWC in the second quarter of FY25 has reported the adjusted earnings per share of $1.32, missing the analysts’ estimates for the adjusted earnings per share of $1.36. The quarter included $5.9 million, or $0.05 per share, in one-time expenses related to the acquisition of Sabal Trust Company. The company had reported the adjusted revenue of $375.48 million in the second quarter of FY25, missing the analysts’ estimates for revenue of $376.08 million.