GULFPORT, Miss. (AP) _ Hancock Whitney Corporation (HWC) on Tuesday reported fourth-quarter profit of $143.8 million.
The bank, based in Gulfport, Mississippi, said it had earnings of $1.65 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.63 per share.
The holding company of Whitney Bank and Hancock Bank posted revenue of $422.7 million in the period. Its revenue net of interest expense was $372.6 million, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $384.7 million.
For the year, the company reported profit of $524.1 million, or $5.98 per share. Revenue was reported as $1.38 billion.
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