Earnings release
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1 Exhibit 99.1 FOR IMMEDIATE RELEASE July 21, 2026 For more information Ashleigh Flower Wilshire, SVP, Head of Investor Relations 504.299.5076 or ashleigh.wilshire@hancockwhitney.com Hancock Whitney reports second quarter 2026 EPS of $1.55 GULFPORT, Miss. (July 21, 2026) — Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the second quarter of 2026. Net income for the second quarter of 2026 totaled $127.0 million, or $1.55 per diluted common share (EPS), compared to $47.4 million, or $0.57 per diluted common share, in the first quarter of 2026. First quarter 2026 results include a pretax charge of $98.6million, or $0.95 per share, of a supplemental disclosure item related to a net loss on securities portfolio restructure. There were no supplemental disclosure items in the second quarter of 2026. The company reported net income for the second quarter of 2025 of $113.5 million, or $1.32 per diluted common share. The second quarter of 2025 included $5.9 million, or $0.05 per diluted common share, of supplemental disclosure items related to the acquisition of Sabal Trust Company. Second Quarter 2026 Highlights • Net income totaled $127.0 million, or $1.55 per diluted share, compared to $47.4 million, or $0.57 per diluted share in the first quarter of 2026 • Adjusted pre-provision net revenue (PPNR) totaled $178.1 million, up $5.2 million, or 3% from the prior quarter • Loans increased $588 million, or 10% linked quarter annualized (LQA) • Deposits increased $548 million, or 8% LQA • Criticized commercial loans decreased and nonaccrual loans were virtually flat compared to the first quarter of 2026 • ACL coverage solid at 1.42% • NIM of 3.56%, up 1 bp from the prior quarter • CET1 ratio estimated at 13.18%, down 11 bps linked-quarter; TCE ratio of 9.78%, down 15 bps linked- quarter; total risk-based capital ratio estimated at 14.97%, down 13 bps linked-quarter • Efficiency ratio of 55.31%, compared to 55.43% in the prior quarter
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2 “The second quarter of 2026 results reflect another quarter of strong performance,” said John M. Hairston, President & CEO. “Our team delivered exceptional progress on our organic growth plan with loan growth of 10% and deposit growth of 8%, linked quarter annualized. We remained focused on our investment in revenue- generating activities, including hiring 15 net new bankers in the second quarter. Profitability remains solid with EPS of $1.55, ROA of 1.42%, an efficiency ratio of 55.31%, and continued fee income growth and well-controlled expenses. Our criticized loan levels decreased during the quarter and our ACL remains robust at 1.42%. We also announced the acquisition of One Florida Bank this quarter and expect to close the transaction on August 1. We look forward to the remainder of 2026 as we continue to execute our organic growth plan and welcome the One Florida Bank associates and clients to Hancock Whitney.” Loans Total loans were $24.6 billion at June 30, 2026, up $588.3 million, or 2%, from March 31, 2026. Loan growth was driven primarily by an increase in C&I lending, healthcare activity, and commercial real estate across multiple products. Average loans totaled $24.3 billion for the second quarter of 2026, up $373.9 million, or 2%, linked-quarter. Deposits Total deposits at June 30, 2026 were $29.6 billion, up $547.6 million, or 2%, from March 31, 2026. Deposit growth was driven primarily by an increase in interest-bearing transactions and savings, offset by decreases in retail time deposits and interest-bearing public fund deposits. Noninterest-bearing deposits totaled $10.3 billion at June 30, 2026, virtually flat from March 31, 2026, and comprised 35% of total period-end deposits. Interest-bearing transaction and savings deposits totaled $13.0 billion at the end of the second quarter of 2026, up $785.0 million, or 6%, linked-quarter due to competitive products and pricing. Interest-bearing public fund deposits decreased $56.9 million, or 2%, linked-quarter, totaling $2.9 billion at June 30, 2026. The decrease in interest-bearing public fund deposits was driven by seasonal outflows. Compared to March 31, 2026, retail time deposits of $3.4 billion were down $172.4 million, or 5%, driven by maturities and repricing during the second quarter of 2026. Average deposits for the second quarter of 2026 were $28.8 billion, down $53.8 million, or less than 1%, linked- quarter. Asset Quality The total allowance for credit losses (ACL) was $348.0 million at June 30, 2026, up $4.3 million, or 1% from March 31, 2026. During the second quarter of 2026, the company recorded a provision for credit losses of $13.8 million, compared to $13.2 million in the first quarter of 2026. There were $9.4 million of net charge-offs in the second quarter of 2026, or 0.16% of average total loans on an annualized basis, compared to net charge-offs of $11.1 million, or 0.19% of average total loans in the first quarter of 2026. The ratio of ACL to period-end loans was 1.42% at June 30, 2026 compared to 1.43% at March 31, 2026.
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3 Criticized commercial loans totaled $492.0 million, or 2.55% of total commercial loans, at June 30, 2026, down $30.2 million from $522.2 million, or 2.79% of total commercial loans, at March 31, 2026. Nonaccrual loans totaled $113.7 million, or 0.46% of total loans, at June 30, 2026, compared to $113.3 million, or 0.47% of total loans, at March 31, 2026. ORE and foreclosed assets were $12.9 million at June 30, 2026, up $1.6 million, or 14%, from $11.3 million at March 31, 2026. Net Interest Income and Net Interest Margin (NIM) (TE) Net interest income (TE) for the second quarter of 2026 was $295.2 million, an increase of $7.7 million, or 3%, from the first quarter of 2026. The net interest margin (NIM) (TE) was 3.56% in the second quarter of 2026, up 1 bp linked-quarter, driven by the higher investment portfolio yield (+2 bps), and lower cost of deposits (+3 bps), partially offset by unfavorable borrowing costs (-3 bps) and lower loan yields (-1 bp). Average earning assets were $33.2 billion for the second quarter of 2026, up $507 million, or 2%, from the first quarter of 2026. Noninterest Income Noninterest income totaled $108.4 million for the second quarter of 2026, up $100.9 million from the first quarter of 2026. Included in noninterest income in the first quarter of 2026 was a supplemental disclosure item of a ($98.6) million loss from a securities portfolio restructuring. There were no supplemental disclosure items in the second quarter of 2026. Service charges on deposit accounts totaled $25.9 million for the second quarter of 2026, unchanged from prior quarter. Bank card and ATM fees were up $1.1 million, or 5%, from the first quarter of 2026. Investment and annuity income and insurance fees were up $2.0 million, or 16%, linked-quarter due to seasonally higher activity. Trust fees were up $1.5 million, or 6%, linked-quarter due to annual collection of tax preparation fees. Fees from secondary mortgage operations totaled $4.1 million for the second quarter of 2026, up $0.5 million, or 15%, linked- quarter. There were no securities gains and losses in the second quarter of 2026. Securities transactions, net in the first quarter 2026 was a loss of $98.6 million, resulting from a securities portfolio restructuring identified as a supplemental disclosure item. Other noninterest income was $14.5 million in the second quarter of 2026, down $2.8 million, or 16%, from the first quarter of 2026. The decrease in other noninterest income was primarily due to lower syndication fees and lower SBIC income. Noninterest Expense & Taxes Noninterest expense totaled $225.4 million, up $4.7 million, or 2% linked-quarter. Personnel expense totaled $130.2 million in the second quarter of 2026, up $3.0 million, or 2%, linked-quarter due to annual merit increases and the impact of new hires. Net occupancy and equipment expense totaled $18.3 million in the second quarter of 2026, up $1.0 million, or 6%, from the first quarter of 2026. Amortization of intangibles totaled $2.2 million for the second quarter of 2026, down $0.3 million, or 13%, linked-quarter. Net expense on ORE and other foreclosed assets totaled $0.2 million in the second quarter of 2026, compared to $0.4 million in the first quarter of 2026.
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4 Other expenses totaled $74.5 million in the second quarter of 2026, up $1.2 million, or 2%, linked-quarter. The effective income tax rate for the second quarter of 2026 was 21.7 %, compared to 19.3% in the first quarter of 2026. Capital Common stockholders’ equity at June 30, 2026 totaled $4.4 billion, up $24.5 million, or 1%, from March 31, 2026. The tangible common equity (TCE) ratio was 9.78%, down 15 bps linked-quarter. The company’s CET1 ratio is estimated to be 13.18% at June 30, 2026, down 11 bps linked-quarter. Total risk-based capital ratio is estimated to be 14.97% at June 30, 2026, down 13 bps linked-quarter. During the second quarter of 2026, the company repurchased 712,966 shares of its common stock at an average price of $68.28 per share. This stock repurchase is pursuant to the company’s share buyback program (which authorizes the repurchase of up to 5%, or approximately 4.1 million shares, of the company’s outstanding common stock), which expires on December 31, 2026. Since its inception, the company has repurchased 2,112,966 shares under this share buyback program. Conference Call and Slide Presentation Management will host a conference call for analysts and investors at 3:30 p.m. Central Time on Tuesday, July 21, 2026 to review second quarter of 2026 results. A live listen-only webcast of the call will be available under the Investor Relations section of Hancock Whitney’s website at investors.hancockwhitney.com. A link to the release with additional financial tables, and a link to a slide presentation related to second quarter 2026 results are also posted as part of the webcast link. To participate in the Q&A portion of the call, dial 833-461-5787, access code 863473372. A replay of the conference call will be available under the Investor Relations section of our website. About Hancock Whitney Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; and mortgage services. The company also operates combined loan and deposit production offices in the greater metropolitan areas of Nashville, Tennessee, and Atlanta, Georgia. More information is available at www.hancockwhitney.com. Non-GAAP Financial Measures This news release includes non-GAAP financial measures to describe Hancock Whitney’s performance. These non-GAAP financial measures should not be considered alternatives to GAAP-basis financial statements and other bank holding companies may define or calculate these non-GAAP measures or similar measures differently. The reconciliations of those measures to GAAP measures are provided either in the financial tables or in Appendix A thereto. Consistent with the provisions of subpart 229.1400 of the Securities and Exchange Commission’s Regulation S-K, “Disclosures by Bank and Savings and Loan Registrants,” the company presents net interest income, net interest margin and efficiency ratios on a fully taxable equivalent (“TE”) basis. The TE basis adjusts for the tax-favored status of net interest income from certain loans and investments using the statutory federal tax rate to increase tax-exempt interest income to a
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5 taxable equivalent basis. The company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources. The company presents certain additional non-GAAP financial measures to assist the reader with a better understanding of the company’s performance period over period, as well as to provide investors with assistance in understanding the success management has experienced in executing its strategic initiatives. The company highlights certain items that are outside of our principal business and/or are not indicative of forward-looking trends in supplemental disclosures items below our GAAP financial data and presents certain “Adjusted” ratios that exclude these disclosed items. These adjusted ratios provide management or the reader with a measure that may be more indicative of forward-looking trends in our business, as well as demonstrates the effects of significant gains or losses and changes. We define Adjusted Pre-Provision Net Revenue as net income excluding provision expense and income tax expense, plus the taxable equivalent adjustment (as defined above), less supplemental disclosure items (as defined above). Management believes that adjusted pre-provision net revenue is a useful financial measure because it enables investors and others to assess the company’s ability to generate capital to cover credit losses through a credit cycle. We define Adjusted Revenue as net interest income (te) and noninterest income less supplemental disclosure items. We define Adjusted Noninterest Expense as noninterest expense less supplemental disclosure items. We define our Efficiency Ratio as noninterest expense to total net interest income (te) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items, if applicable. Management believes adjusted revenue, adjusted noninterest expense and the efficiency ratio are useful measures as they provide a greater understanding of ongoing operations and enhance comparability with prior periods. Important Cautionary Statement about Forward-Looking Statements This release 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 may make include statements regarding our expectations of our performance and financial condition, balance sheet and revenue growth, the provision for credit losses, capital levels, deposits (including growth, pricing, and betas), investment portfolio, other sources of liquidity, loan growth expectations, management’s predictions about charge-offs for loans, the impact of current and future economic conditions, including the effects of declines in the real estate market, tariffs or trade wars (including reduced consumer spending, lower economic growth or recession, reduced demand for U.S. exports, disruptions to supply chains, and decreased demand for other banking products and services), high unemployment, inflationary pressures, increasing insurance costs, fluctuations in interest rates, including the impact of changes in interest rates on our financial projections, models and guidance and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing, general economic business conditions in our local markets, Federal Reserve action with respect to interest rates, the effects of war or other conflicts, acts of terrorism, climate change, the impact of natural or man- made disasters, the adequacy of our enterprise risk management framework, potential claims, damages, penalties, fines and reputational damage resulting from pending or future litigation, regulatory proceedings, assessments, and enforcement actions, as well as the impact of negative developments affecting the banking industry and the resulting media coverage; the timing, benefits, costs and synergies of the merger with One Florida Bank, as well as statements regarding the potential impact of current or future business combinations on our performance and financial condition, including our ability to successfully identify acquisition targets and integrate the businesses, success of revenue-generating and cost reduction initiatives, the potential impact of third-party business combinations in our footprint on our performance and financial condition, the effectiveness of derivative financial instruments and
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6 hedging activities to manage risks, projected tax rates, increased cybersecurity risks, including potential business disruptions or financial losses, and the impact of artificial intelligence on our business operations, the adequacy of our internal controls over financial and non-financial reporting, the impact of changes in U.S. laws or policies, including those related to credit card interest rates, the financial impact of regulatory requirements and tax reform legislation, deposit trends, credit quality trends, net interest margin trends, future expense levels, future profitability, supplemental disclosure items, improvements in expense to revenue (efficiency) ratio, purchase accounting impacts and expected returns. Also, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “forecast,” “goals,” “targets,” “initiatives,” “focus,” “potentially,” “probably,” “projects,” “outlook," or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could.” Forward-looking statements are based upon the current beliefs and expectations of management and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events. Forward-looking statements are subject to significant risks and uncertainties. Any forward-looking statement made in this release is subject to the safe harbor protections set forth in the Private Securities Litigation Reform Act of 1995. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, and in other periodic reports that we file with the SEC.
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7 HANCOCK WHITNEY CORPORATION FINANCIAL HIGHLIGHTS (Unaudited) Three Months Ended Six Months Ended (dollars and common share data in thousands, except per share amounts) 6/30/2026 3/31/2026 6/30/2025 6/30/2026 6/30/2025 NET INCOME Net interest income $ 293,012 $ 285,165 $ 276,959 $ 578,177 $ 546,864 Net interest income (TE) (a) 295,225 287,566 279,455 582,791 552,166 Provision for credit losses 13,775 13,172 14,925 26,947 25,387 Noninterest income 108,350 7,482 98,524 115,832 193,315 Noninterest expense 225,436 220,748 215,979 446,184 421,038 Income tax expense 35,190 11,305 31,048 46,495 60,719 Net income $ 126,961 $ 47,422 $ 113,531 $ 174,383 $ 233,035 Supplemental disclosure items - included above, pre-tax Included in noninterest income Loss on securities portfolio restructure $ — $ 98,595 $ — $ 98,595 $ — Included in noninterest expense Sabal Trust Company acquisition expense $ — $ — $ 5,911 $ — $ 5,911 PERIOD-END BALANCE SHEET DATA Loans $ 24,580,173 $ 23,991,840 $ 23,461,750 $ 24,580,173 $ 23,461,750 Securities 7,891,359 8,028,014 7,868,011 7,891,359 7,868,011 Earning assets 33,039,464 32,306,650 31,965,130 33,039,464 31,965,130 Total assets 36,345,972 35,542,126 35,212,652 36,345,972 35,212,652 Noninterest-bearing deposits 10,336,866 10,344,878 10,638,785 10,336,866 10,638,785 Total deposits 29,629,760 29,082,134 29,046,612 29,629,760 29,046,612 Common stockholders' equity 4,444,134 4,419,592 4,365,419 4,444,134 4,365,419 AVERAGE BALANCE SHEET DATA Loans $ 24,339,904 $ 23,965,993 $ 23,249,241 $ 24,153,981 $ 23,159,406 Securities (b) 8,285,594 8,265,682 8,271,777 8,275,693 8,256,729 Earning assets 33,205,847 32,698,837 32,081,140 32,953,742 32,052,670 Total assets 35,881,537 35,420,096 34,527,276 35,652,091 34,441,870 Noninterest-bearing deposits 10,104,015 10,033,006 10,317,446 10,068,707 10,240,760 Total deposits 28,780,937 28,834,747 28,649,900 28,807,693 28,700,875 Common stockholders' equity 4,420,837 4,461,827 4,284,279 4,441,218 4,233,827 COMMON SHARE DATA Earnings per share - diluted $ 1.55 $ 0.57 $ 1.32 $ 2.12 $ 2.69 Cash dividends per share 0.50 0.50 0.45 1.00 0.90 Book value per share (period-end) 55.23 54.46 51.15 55.23 51.15 Tangible book value per share (period-end) 42.95 42.26 39.46 42.95 39.46 Weighted average number of shares - diluted 81,485 82,261 85,943 81,868 86,203 Period-end number of shares 80,471 81,152 85,351 80,471 85,351 Market data High sales price $ 75.25 $ 75.43 $ 58.24 $ 75.43 $ 61.57 Low sales price 62.16 59.97 43.90 59.97 43.90 Period-end closing price 74.72 63.59 57.40 74.72 57.40 Trading volume 55,444 53,673 43,450 109,117 85,142 PERFORMANCE RATIOS Return on average assets 1.42% 0.54% 1.32% 0.99% 1.36% Return on average common equity 11.52% 4.31% 10.63% 7.92% 11.10% Return on average tangible common equity 14.84% 5.54% 13.71% 10.19% 14.21% Tangible common equity ratio (c) 9.78% 9.93% 9.84% 9.78% 9.84% Net interest margin (TE) 3.56% 3.55% 3.49% 3.55% 3.46% Noninterest income as a percentage of total revenue (TE) 26.85% 2.54% 26.07% 16.58% 25.93% Efficiency ratio (d) 55.31% 55.43% 54.91% 55.37% 55.06% Average loan/deposit ratio 84.57% 83.11% 81.15% 83.85% 80.69% Allowance for loan losses as a percentage of period-end loans 1.27% 1.30% 1.33% 1.27% 1.33% Allowance for credit losses as a percentage of period-end loans (e) 1.42% 1.43% 1.45% 1.42% 1.45% Annualized net charge-offs to average loans 0.16% 0.19% 0.31% 0.17% 0.24% Allowance for loan losses as a % of nonaccrual loans 274.99% 274.67% 329.94% 274.99% 329.94% FTE headcount 3,674 3,658 3,580 3,674 3,580 (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. (b) Average securities does not include unrealized holding gains/losses on available for sale securities. (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items noted above. (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments.
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8 HANCOCK WHITNEY CORPORATION QUARTERLY FINANCIAL HIGHLIGHTS (Unaudited) Three Months Ended (dollars and common share data in thousands, except per share amounts) 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 NET INCOME Net interest income $ 293,012 $ 285,165 $ 282,170 $ 279,738 $ 276,959 Net interest income (TE) (a) 295,225 287,566 284,675 282,309 279,455 Provision for credit losses 13,775 13,172 13,145 12,651 14,925 Noninterest income 108,350 7,482 107,131 106,001 98,524 Noninterest expense 225,436 220,748 217,850 212,753 215,979 Income tax expense 35,190 11,305 32,734 32,869 31,048 Net income $ 126,961 $ 47,422 $ 125,572 $ 127,466 $ 113,531 Supplemental disclosure items - included above, pre-tax Included in noninterest income Loss on securities portfolio restructure $ — $ 98,595 $ — $ — $ — Included in noninterest expense Sabal Trust Company acquisition expense $ — $ — $ — $ — $ 5,911 PERIOD-END BALANCE SHEET DATA Loans $ 24,580,173 $ 23,991,840 $ 23,958,440 $ 23,596,565 $ 23,461,750 Securities 7,891,359 8,028,014 8,094,799 7,991,281 7,868,011 Earning assets 33,039,464 32,306,650 32,218,663 32,532,320 31,965,130 Total assets 36,345,972 35,542,126 35,472,762 35,766,407 35,212,652 Noninterest-bearing deposits 10,336,866 10,344,878 10,374,991 10,305,303 10,638,785 Total deposits 29,629,760 29,082,134 29,279,774 28,659,750 29,046,612 Common stockholders' equity 4,444,134 4,419,592 4,460,117 4,474,479 4,365,419 AVERAGE BALANCE SHEET DATA Loans $ 24,339,904 $ 23,965,993 $ 23,715,763 $ 23,425,895 $ 23,249,241 Securities (b) 8,285,594 8,265,682 8,484,162 8,383,771 8,271,777 Earning assets 33,205,847 32,698,837 32,598,315 32,213,632 32,081,140 Total assets 35,881,537 35,420,096 35,227,286 34,751,209 34,527,276 Noninterest-bearing deposits 10,104,015 10,033,006 10,165,806 10,121,707 10,317,446 Total deposits 28,780,937 28,834,747 28,816,539 28,492,076 28,649,900 Common stockholders' equity 4,420,837 4,461,827 4,417,711 4,368,746 4,284,279 COMMON SHARE DATA Earnings per share - diluted $ 1.55 $ 0.57 $ 1.49 $ 1.49 $ 1.32 Cash dividends per share 0.50 0.50 0.45 0.45 0.45 Book value per share (period-end) 55.23 54.46 54.22 52.82 51.15 Tangible book value per share (period-end) 42.95 42.26 42.16 41.07 39.46 Weighted average number of shares - diluted 81,485 82,261 83,791 85,453 85,943 Period-end number of shares 80,471 81,152 82,259 84,711 85,351 Market data High sales price $ 75.25 $ 75.43 $ 67.10 $ 64.66 $ 58.24 Low sales price 62.16 59.97 54.05 56.87 43.90 Period-end closing price 74.72 63.59 63.68 62.61 57.40 Trading volume 55,444 53,673 55,269 51,077 43,450 PERFORMANCE RATIOS Return on average assets 1.42% 0.54% 1.41% 1.46% 1.32% Return on average common equity 11.52% 4.31% 11.28% 11.58% 10.63% Return on average tangible common equity 14.84% 5.54% 14.55% 15.00% 13.71% Tangible common equity ratio (c) 9.78% 9.93% 10.06% 10.01% 9.84% Net interest margin (TE) 3.56% 3.55% 3.48% 3.49% 3.49% Noninterest income as a percentage of total revenue (TE) 26.85% 2.54% 27.34% 27.30% 26.07% Efficiency ratio (d) 55.31% 55.43% 54.93% 54.10% 54.91% Average loan/deposit ratio 84.57% 83.11% 82.30% 82.22% 81.15% Allowance for loan losses as a percentage of period-end loans 1.27% 1.30% 1.28% 1.33% 1.33% Allowance for credit losses as a percentage of period-end loans (e) 1.42% 1.43% 1.43% 1.45% 1.45% Annualized net charge-offs to average loans 0.16% 0.19% 0.22% 0.19% 0.31% Allowance for loan losses as a % of nonaccrual loans 274.99% 274.67% 287.95% 276.20% 329.94% FTE headcount 3,674 3,658 3,627 3,603 3,580 (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. (b) Average securities does not include unrealized holding gains/losses on available for sale securities. (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items noted above. (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments.
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9 HANCOCK WHITNEY CORPORATION INCOME STATEMENT (Unaudited) Three Months Ended Six Months Ended (dollars in thousands, except per share data) 6/30/2026 3/31/2026 6/30/2025 6/30/2026 6/30/2025 NET INCOME Interest income $ 412,887 $ 401,382 $ 402,581 $ 814,269 $ 797,902 Interest income (TE) (f) 415,100 403,783 405,077 818,883 803,204 Interest expense 119,875 116,217 125,622 236,092 251,038 Net interest income (TE) 295,225 287,566 279,455 582,791 552,166 Provision for credit losses 13,775 13,172 14,925 26,947 25,387 Noninterest income 108,350 7,482 98,524 115,832 193,315 Noninterest expense 225,436 220,748 215,979 446,184 421,038 Income before income taxes 162,151 58,727 144,579 220,878 293,754 Income tax expense 35,190 11,305 31,048 46,495 60,719 Net income $ 126,961 $ 47,422 $ 113,531 $ 174,383 $ 233,035 Supplemental disclosure items - included above, pre-tax Included in noninterest income Loss on securities portfolio restructure $ — $ 98,595 $ — $ 98,595 $ — Included in noninterest expense Sabal Trust Company acquisition expense $ — $ — $ 5,911 $ — $ 5,911 NONINTEREST INCOME Service charges on deposit accounts $ 25,897 $ 25,902 $ 24,256 $ 51,799 $ 48,375 Trust fees 26,049 24,574 22,753 50,623 40,775 Bank card and ATM fees 23,181 22,126 22,004 45,307 42,718 Investment and annuity fees and insurance commissions 14,617 12,572 10,603 27,189 22,018 Secondary mortgage market operations 4,065 3,529 4,147 7,594 7,615 Securities transactions, net — (98,595) — (98,595) — Other income 14,541 17,374 14,761 31,915 31,814 Total noninterest income $ 108,350 $ 7,482 $ 98,524 $ 115,832 $ 193,315 NONINTEREST EXPENSE Personnel expense $ 130,191 $ 127,148 $ 116,512 $ 257,339 $ 230,859 Net occupancy and equipment expense 18,267 17,286 18,366 35,553 36,037 Other real estate and foreclosed assets expense (income), net 214 441 1,181 655 2,961 Other expense 74,542 73,325 77,396 147,867 146,544 Amortization of intangibles 2,222 2,548 2,524 4,770 4,637 Total noninterest expense $ 225,436 $ 220,748 $ 215,979 $ 446,184 $ 421,038 COMMON SHARE DATA Earnings per share: Basic $ 1.56 $ 0.58 $ 1.32 $ 2.14 $ 2.70 Diluted 1.55 0.57 1.32 2.12 2.69 (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.
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10 HANCOCK WHITNEY CORPORATION INCOME STATEMENT (Unaudited) Three Months Ended (dollars in thousands, except per share data) 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 NET INCOME Interest income $ 412,887 $ 401,382 $ 407,698 $ 409,020 $ 402,581 Interest income (TE) (f) 415,100 403,783 410,203 411,591 405,077 Interest expense 119,875 116,217 125,528 129,282 125,622 Net interest income (TE) 295,225 287,566 284,675 282,309 279,455 Provision for credit losses 13,775 13,172 13,145 12,651 14,925 Noninterest income 108,350 7,482 107,131 106,001 98,524 Noninterest expense 225,436 220,748 217,850 212,753 215,979 Income before income taxes 162,151 58,727 158,306 160,335 144,579 Income tax expense 35,190 11,305 32,734 32,869 31,048 Net income $ 126,961 $ 47,422 $ 125,572 $ 127,466 $ 113,531 Supplemental disclosure items - included above, pre-tax Included in noninterest income Loss on securities portfolio restructure $ — $ 98,595 $ — $ — $ — Included in noninterest expense Sabal Trust Company acquisition expense $ — $ — $ — $ — $ 5,911 NONINTEREST INCOME Service charges on deposit accounts $ 25,897 $ 25,902 $ 25,585 $ 25,220 $ 24,256 Trust fees 26,049 24,574 24,644 24,211 22,753 Bank card and ATM fees 23,181 22,126 21,603 21,814 22,004 Investment and annuity fees and insurance commissions 14,617 12,572 12,637 14,507 10,603 Secondary mortgage market operations 4,065 3,529 3,679 3,475 4,147 Securities transactions, net — (98,595) (11) — — Other income 14,541 17,374 18,994 16,774 14,761 Total noninterest income $ 108,350 $ 7,482 $ 107,131 $ 106,001 $ 98,524 NONINTEREST EXPENSE Personnel expense $ 130,191 $ 127,148 $ 122,510 $ 122,022 $ 116,512 Net occupancy and equipment expense 18,267 17,286 18,632 18,222 18,366 Other real estate and foreclosed assets expense (income), net 214 441 467 (337) 1,181 Other expense 74,542 73,325 73,619 70,152 77,396 Amortization of intangibles 2,222 2,548 2,622 2,694 2,524 Total noninterest expense $ 225,436 $ 220,748 $ 217,850 $ 212,753 $ 215,979 COMMON SHARE DATA Earnings per share: Basic $ 1.56 $ 0.58 $ 1.51 $ 1.50 $ 1.32 Diluted 1.55 0.57 1.49 1.49 1.32 (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.
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11 HANCOCK WHITNEY CORPORATION PERIOD-END BALANCE SHEET (Unaudited) (dollars in thousands) 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 ASSETS Commercial non-real estate loans $ 9,961,458 $ 9,710,891 $ 9,809,011 $ 9,680,597 $ 9,760,733 Commercial real estate - owner occupied loans 3,353,501 3,299,867 3,270,080 3,279,258 3,136,182 Total commercial and industrial loans 13,314,959 13,010,758 13,079,091 12,959,855 12,896,915 Commercial real estate - income producing loans 4,602,813 4,382,665 4,283,168 4,076,643 3,940,309 Construction and land development loans 1,405,454 1,320,224 1,239,086 1,197,305 1,219,514 Residential mortgage loans 3,909,076 3,950,154 4,016,917 4,027,600 4,057,307 Consumer loans 1,347,871 1,328,039 1,340,178 1,335,162 1,347,705 Total loans 24,580,173 23,991,840 23,958,440 23,596,565 23,461,750 Loans held for sale 52,850 63,090 33,158 33,161 30,760 Securities 7,891,359 8,028,014 8,094,799 7,991,281 7,868,011 Short-term investments 515,082 223,706 132,266 911,313 604,609 Earning assets 33,039,464 32,306,650 32,218,663 32,532,320 31,965,130 Allowance for loan losses (312,608) (311,316) (307,731) (313,636) (313,189) Goodwill and other intangible assets 987,704 989,927 992,474 995,096 997,790 Other assets 2,631,412 2,556,865 2,569,356 2,552,627 2,562,921 Total assets $ 36,345,972 $ 35,542,126 $ 35,472,762 $ 35,766,407 $ 35,212,652 LIABILITIES Noninterest-bearing deposits $ 10,336,866 $ 10,344,878 $ 10,374,991 $ 10,305,303 $ 10,638,785 Interest-bearing transaction and savings deposits 13,028,481 12,243,460 11,982,294 11,758,885 11,480,849 Interest-bearing public fund deposits 2,880,337 2,937,281 3,217,314 2,799,957 2,985,985 Time deposits 3,384,076 3,556,515 3,705,175 3,795,605 3,940,993 Total interest-bearing deposits 19,292,894 18,737,256 18,904,783 18,354,447 18,407,827 Total deposits 29,629,760 29,082,134 29,279,774 28,659,750 29,046,612 Short-term borrowings 1,570,970 1,360,451 1,017,292 1,891,520 1,044,927 Long-term debt 193,823 193,785 199,407 210,657 210,620 Other liabilities 507,285 486,164 516,172 530,001 545,074 Total liabilities 31,901,838 31,122,534 31,012,645 31,291,928 30,847,233 COMMON STOCKHOLDERS' EQUITY Common stock net of treasury and capital surplus 1,662,041 1,703,176 1,800,732 1,943,187 1,976,208 Retained earnings 3,127,514 3,041,543 3,035,636 2,947,752 2,859,038 Accumulated other comprehensive (loss) (345,421) (325,127) (376,251) (416,460) (469,827) Total common stockholders' equity 4,444,134 4,419,592 4,460,117 4,474,479 4,365,419 Total liabilities & stockholders' equity $ 36,345,972 $ 35,542,126 $ 35,472,762 $ 35,766,407 $ 35,212,652 CAPITAL RATIOS Tangible common equity $ 3,456,430 $ 3,429,665 $ 3,467,643 $ 3,479,383 $ 3,367,629 Tier 1 capital (g) 3,831,065 3,784,008 3,872,490 3,923,725 3,864,727 Common equity as a percentage of total assets 12.23% 12.43% 12.57% 12.51% 12.40% Tangible common equity ratio 9.78% 9.93% 10.06% 10.01% 9.84% Leverage (Tier 1) ratio (g) 10.87% 10.89% 11.17% 11.46% 11.35% Common equity tier 1 (CET1) ratio (g) 13.18% 13.29% 13.65% 14.09% 13.97% Tier 1 risk-based capital ratio (g) 13.18% 13.29% 13.65% 14.09% 13.97% Total risk-based capital ratio (g) 14.97% 15.10% 15.45% 15.92% 15.82% (g) Estimated for most recent period-end.
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12 HANCOCK WHITNEY CORPORATION AVERAGE BALANCE SHEET (Unaudited) Three Months Ended Six Months Ended (dollars in thousands) 6/30/2026 3/31/2026 6/30/2025 6/30/2026 6/30/2025 ASSETS Commercial non-real estate loans $ 9,919,413 $ 9,800,605 $ 9,687,575 $ 9,860,337 $ 9,659,887 Commercial real estate - owner occupied loans 3,333,521 3,305,311 3,040,258 3,319,512 3,018,547 Total commercial and industrial loans 13,252,934 13,105,916 12,727,833 13,179,849 12,678,434 Commercial real estate - income producing loans 4,454,250 4,280,671 3,879,443 4,367,922 3,858,065 Construction and land development loans 1,377,917 1,264,810 1,225,418 1,321,676 1,249,217 Residential mortgage loans 3,921,837 3,982,502 4,081,987 3,952,002 4,031,120 Consumer loans 1,332,966 1,332,094 1,334,560 1,332,532 1,342,570 Total loans 24,339,904 23,965,993 23,249,241 24,153,981 23,159,406 Loans held for sale 47,992 27,698 24,423 37,901 22,488 Securities (h) 8,285,594 8,265,682 8,271,777 8,275,693 8,256,729 Short-term investments 532,357 439,464 535,699 486,167 614,047 Earning assets 33,205,847 32,698,837 32,081,140 32,953,742 32,052,670 Allowance for loan losses (317,199) (311,173) (323,273) (314,203) (322,993) Goodwill and other intangible assets 988,701 991,166 961,675 989,927 925,832 Other assets 2,004,188 2,041,266 1,807,734 2,022,625 1,786,361 Total assets $ 35,881,537 $ 35,420,096 $ 34,527,276 $ 35,652,091 $ 34,441,870 LIABILITIES AND COMMON STOCKHOLDERS' EQUITY Noninterest-bearing deposits $ 10,104,015 $ 10,033,006 $ 10,317,446 $ 10,068,707 $ 10,240,760 Interest-bearing transaction and savings deposits 12,389,544 12,032,719 11,341,852 12,212,117 11,272,505 Interest-bearing public fund deposits 2,850,910 3,121,136 2,946,187 2,985,276 3,029,610 Time deposits 3,436,468 3,647,886 4,044,415 3,541,593 4,158,000 Total interest-bearing deposits 18,676,922 18,801,741 18,332,454 18,738,986 18,460,115 Total deposits 28,780,937 28,834,747 28,649,900 28,807,693 28,700,875 Short-term borrowings 1,982,071 1,428,150 853,652 1,706,641 745,329 Long-term debt 193,804 198,043 211,145 195,912 210,856 Other liabilities 503,888 497,329 528,300 500,627 550,983 Common stockholders' equity 4,420,837 4,461,827 4,284,279 4,441,218 4,233,827 Total liabilities & stockholders' equity $ 35,881,537 $ 35,420,096 $ 34,527,276 $ 35,652,091 $ 34,441,870 (h) Average securities does not include unrealized holding gains/losses on available for sale securities.
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13 HANCOCK WHITNEY CORPORATION AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY (Unaudited) Three Months Ended 6/30/2026 3/31/2026 6/30/2025 (dollars in millions) Average Balance Interest Rate Average Balance Interest Rate Average Balance Interest Rate AVERAGE EARNING ASSETS Commercial & real estate loans (TE) (i) $ 19,085.1 $ 276.8 5.82% $ 18,651.4 $ 268.8 5.84% $ 17,832.7 $ 271.1 6.10% Residential mortgage loans 3,921.8 39.2 4.00% 3,982.5 40.1 4.03% 4,082.0 41.6 4.07%Consumer loans 1,333.0 25.1 7.54% 1,332.1 24.9 7.57% 1,334.5 27.8 8.34% Loan fees & late charges — (0.8) 0.00% — (1.0) 0.00% — (0.6) 0.00% Total loans (TE) (j) 24,339.9 340.3 5.60% 23,966.0 332.8 5.62% 23,249.2 339.9 5.86% Loans held for sale 48.0 0.7 6.22% 27.7 0.4 5.36% 24.4 0.4 6.55% US Treasury and government agency securities 647.3 5.3 3.29% 643.7 5.2 3.23% 628.9 5.0 3.16% CMOs and mortgage backed securities 7,065.2 59.2 3.35% 6,945.1 56.2 3.24% 6,864.2 48.4 2.82% Municipals (TE) 554.3 4.6 3.33% 659.9 5.2 3.13% 761.2 5.6 2.95% Other securities 18.8 0.2 4.40% 17.0 0.2 4.11% 17.5 0.1 3.69% Total securities (TE) (k) 8,285.6 69.3 3.35% 8,265.7 66.8 3.23% 8,271.8 59.1 2.86% Total short-term investments 532.3 4.8 3.58% 439.4 3.8 3.53% 535.7 5.7 4.28% Average earning assets yield (TE) $ 33,205.8 $ 415.1 5.01% $ 32,698.8 $ 403.8 4.99% $ 32,081.1 $ 405.1 5.06% INTEREST-BEARING LIABILITIES Interest-bearing transaction and savings deposits $ 12,389.5 $ 57.8 1.87% $ 12,032.7 $ 54.4 1.83% $ 11,341.9 $ 59.7 2.11% Time deposits 3,436.5 26.5 3.09% 3,647.9 30.0 3.34% 4,044.4 35.9 3.57% Public funds 2,850.9 18.3 2.57% 3,121.1 20.0 2.60% 2,946.2 22.1 3.01% Total interest-bearing deposits 18,676.9 102.6 2.20% 18,801.7 104.4 2.25% 18,332.5 117.7 2.58% Short-term borrowings 1,982.1 14.5 2.94% 1,428.2 8.9 2.52% 853.7 4.9 2.29% Long-term debt 193.8 2.8 5.79% 198.0 2.9 5.82% 211.1 3.0 5.67% Total borrowings 2,175.9 17.3 3.19% 1,626.2 11.8 2.93% 1,064.8 7.9 2.96% Total interest-bearing liabilities cost 20,852.8 119.9 2.31% 20,427.9 116.2 2.31% 19,397.3 125.6 2.60% Net interest-free funding sources 12,353.0 12,270.9 12,683.8 Total cost of funds 33,205.8 119.9 1.45% 32,698.8 116.2 1.44% 32,081.1 125.6 1.57% Net Interest Spread (TE) $ 295.2 2.70% $ 287.6 2.68% $ 279.5 2.46% Net Interest Margin (TE) $ 33,205.8 $ 295.2 3.56% $ 32,698.8 $ 287.6 3.55% $ 32,081.1 $ 279.5 3.49% (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. (j) Includes nonaccrual loans. (k) Average securities does not include unrealized holding gains/losses on available for sale securities.
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14 HANCOCK WHITNEY CORPORATION AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY (Unaudited) Six Months Ended 6/30/2026 6/30/2025 (dollars in millions) Average Balance Interest Rate Average Balance Interest Rate AVERAGE EARNING ASSETS Commercial & real estate loans (TE) (i) $ 18,869.5 $ 545.6 5.83% $ 17,785.7 $ 538.1 6.10% Residential mortgage loans 3,952.0 79.3 4.01% 4,031.1 80.3 3.98% Consumer loans 1,332.5 50.0 7.55% 1,342.6 55.4 8.31% Loan fees & late charges — (1.8) 0.00% — (0.8) 0.00% Total loans (TE) (j) 24,154.0 673.1 5.61% 23,159.4 673.0 5.85% Loans held for sale 37.9 1.1 5.90% 22.5 0.7 6.62% US Treasury and government agency securities 645.5 10.5 3.26% 608.9 9.4 3.08% CMOs and mortgage backed securities 7,005.5 115.4 3.30% 6,848.1 95.1 2.78% Municipals (TE) 606.8 9.8 3.22% 781.9 11.6 2.95% Other securities 17.9 0.4 4.26% 17.8 0.3 3.66% Total securities (TE) (k) 8,275.7 136.1 3.29% 8,256.7 116.4 2.82% Total short-term investments 486.1 8.6 3.56% 614.1 13.1 4.30% Average earning assets yield (TE) $ 32,953.7 $ 818.9 5.00% $ 32,052.7 $ 803.2 5.04% INTEREST-BEARING LIABILITIES Interest-bearing transaction and savings deposits $ 12,212.1 $ 112.2 1.85% $ 11,272.5 $ 117.0 2.09% Time deposits 3,541.6 56.5 3.22% 4,158.0 75.9 3.68% Public funds 2,985.3 38.3 2.59% 3,029.6 45.3 3.02% Total interest-bearing deposits 18,739.0 207.0 2.23% 18,460.1 238.2 2.60% Short-term borrowings 1,706.6 23.4 2.76% 745.3 6.7 1.82% Long-term debt 195.9 5.7 5.81% 210.9 6.1 5.74% Total borrowings 1,902.5 29.1 3.08% 956.2 12.8 2.68% Total interest-bearing liabilities cost 20,641.5 236.1 2.31% 19,416.3 251.0 2.61% Net interest-free funding sources 12,312.2 12,636.4 Total cost of funds 32,953.7 236.1 1.44% 32,052.7 251.0 1.58% Net Interest Spread (TE) $ 582.8 2.69% $ 552.2 2.43% Net Interest Margin (TE) $ 32,953.7 $ 582.8 3.55% $ 32,052.7 $ 552.2 3.46% (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. (j) Includes nonaccrual loans. (k) Average securities does not include unrealized holding gains/losses on available for sale securities.
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15 HANCOCK WHITNEY CORPORATION ASSET QUALITY INFORMATION (Unaudited) Three Months Ended Six Months Ended (dollars in thousands) 6/30/2026 3/31/2026 6/30/2025 6/30/2026 6/30/2025 Nonaccrual loans (l) $ 113,681 $ 113,343 $ 94,922 $ 113,681 $ 94,922 ORE and foreclosed assets 12,858 11,257 26,847 12,858 26,847 Total nonaccrual loans + ORE and foreclosed assets $ 126,539 $ 124,600 $ 121,769 $ 126,539 $ 121,769 Nonaccrual loans as a percentage of loans 0.46% 0.47% 0.40% 0.46% 0.40%Nonaccrual loans + ORE and foreclosed assets as a % of loans, ORE and foreclosed assets 0.51% 0.52% 0.52% 0.51% 0.52% Accruing loans 90 days past due $ 27,753 $ 29,885 $ 58,702 $ 27,753 $ 58,702 Accruing loans 90 days past due as a percentage of loans 0.11% 0.12% 0.25% 0.11% 0.25% Modified loans - still accruing $ 142,898 $ 128,480 $ 62,234 $ 142,898 $ 62,234 Modified loans - still accruing as a % of loans 0.58% 0.54% 0.27% 0.58% 0.27% PROVISION AND ALLOWANCE FOR CREDIT LOSSES: Allowance for loan losses: Beginning balance $ 311,316 $ 307,731 $ 318,119 $ 307,731 $ 318,882 Provision for loan losses 10,735 14,721 12,856 25,456 22,340 Charge-offs (12,181) (13,393) (22,328) (25,574) (35,621) Recoveries 2,738 2,257 4,542 4,995 7,588 Net charge-offs (9,443) (11,136) (17,786) (20,579) (28,033) Ending Balance $ 312,608 $ 311,316 $ 313,189 $ 312,608 $ 313,189 Reserve for unfunded lending commitments: Beginning balance $ 32,379 $ 33,928 $ 25,031 $ 33,928 $ 24,053 Provision for losses on unfunded lending commitments 3,040 (1,549) 2,069 1,491 3,047 Ending balance $ 35,419 $ 32,379 $ 27,100 $ 35,419 $ 27,100 Total allowance for credit losses $ 348,027 $ 343,695 $ 340,289 $ 348,027 $ 340,289 Total provision for credit losses $ 13,775 $ 13,172 $ 14,925 $ 26,947 $ 25,387 Allowance for loan losses as a percentage of period-end loans 1.27% 1.30% 1.33% 1.27% 1.33% Allowance for credit losses as a percentage of period-end loans 1.42% 1.43% 1.45% 1.42% 1.45% Allowance for loan losses as a % of nonaccrual loans 274.99% 274.67% 329.94% 274.99% 329.94% NET CHARGE-OFF INFORMATION Net charge-offs (recoveries): Commercial & real estate loans $ 6,628 $ 7,464 $ 14,704 $ 14,092 $ 21,764 Residential mortgage loans 149 179 196 328 (24) Consumer loans 2,666 3,493 2,886 6,159 6,293 Total net charge-offs $ 9,443 $ 11,136 $ 17,786 $ 20,579 $ 28,033 Net charge-offs (recoveries) as a percentage of average loans: Commercial & real estate loans 0.14% 0.16% 0.33% 0.15% 0.25% Residential mortgage loans 0.02% 0.02% 0.02% 0.02% (0.00)% Consumer loans 0.80% 1.06% 0.87% 0.93% 0.95% Total net charge-offs as a percentage of average loans 0.16% 0.19% 0.31% 0.17% 0.24% AVERAGE LOANS Commercial & real estate loans $ 19,085,101 $ 18,651,397 $ 17,832,694 $ 18,869,447 $ 17,785,716 Residential mortgage loans 3,921,837 3,982,502 4,081,987 3,952,002 4,031,120 Consumer loans 1,332,966 1,332,094 1,334,560 1,332,532 1,342,570 Total average loans $ 24,339,904 $ 23,965,993 $ 23,249,241 $ 24,153,981 $ 23,159,406 (l) Included in nonaccrual loans are nonaccruing modified loans to borrowers experiencing financial difficulties totaling $11.4 million at June 30, 2026, $6.9 million at March 31, 2026, and $13.1 million at June 30, 2025.
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16 HANCOCK WHITNEY CORPORATION ASSET QUALITY INFORMATION (Unaudited) Three Months Ended (dollars in thousands) 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 Nonaccrual loans (l) $ 113,681 $ 113,343 $ 106,870 $ 113,554 $ 94,922 ORE and foreclosed assets 12,858 11,257 14,788 11,140 26,847 Total nonaccrual loans + ORE and foreclosed assets $ 126,539 $ 124,600 $ 121,658 $ 124,694 $ 121,769 Nonaccrual loans as a percentage of loans 0.46% 0.47% 0.45% 0.48% 0.40%Nonaccrual loans + ORE and foreclosed assets as a % of loans, ORE and foreclosed assets 0.51% 0.52% 0.51% 0.53% 0.52% Accruing loans 90 days past due $ 27,753 $ 29,885 $ 28,798 $ 24,576 $ 58,702 Accruing loans 90 days past due as a percentage of loans 0.11% 0.12% 0.12% 0.10% 0.25% Modified loans - still accruing $ 142,898 $ 128,480 $ 124,527 $ 82,218 $ 62,234 Modified loans - still accruing as a % of loans 0.58% 0.54% 0.52% 0.35% 0.27% PROVISION AND ALLOWANCE FOR CREDIT LOSSES: Allowance for loan losses: Beginning balance $ 311,316 $ 307,731 $ 313,636 $ 313,189 $ 318,119 Provision for loan losses 10,735 14,721 7,091 11,877 12,856 Charge-offs (12,181) (13,393) (17,109) (15,736) (22,328) Recoveries 2,738 2,257 4,113 4,306 4,542 Net charge-offs (9,443) (11,136) (12,996) (11,430) (17,786) Ending Balance $ 312,608 $ 311,316 $ 307,731 $ 313,636 $ 313,189 Reserve for unfunded lending commitments: Beginning balance $ 32,379 $ 33,928 $ 27,874 $ 27,100 $ 25,031 Provision for losses on unfunded lending commitments 3,040 (1,549) 6,054 774 2,069 Ending balance $ 35,419 $ 32,379 $ 33,928 $ 27,874 $ 27,100 Total allowance for credit losses $ 348,027 $ 343,695 $ 341,659 $ 341,510 $ 340,289 Total provision for credit losses $ 13,775 $ 13,172 $ 13,145 $ 12,651 $ 14,925 Allowance for loan losses as a percentage of period-end loans 1.27% 1.30% 1.28% 1.33% 1.33% Allowance for credit losses as a percentage of period-end loans 1.42% 1.43% 1.43% 1.45% 1.45% Allowance for loan losses as a % of nonaccrual loans 274.99% 274.67% 287.95% 276.20% 329.94% NET CHARGE-OFF INFORMATION Net charge-offs (recoveries) Commercial & real estate loans $ 6,628 $ 7,464 $ 10,112 $ 7,472 $ 14,704 Residential mortgage loans 149 179 (76) 181 196 Consumer loans 2,666 3,493 2,960 3,777 2,886 Total net charge-offs $ 9,443 $ 11,136 $ 12,996 $ 11,430 $ 17,786 Net charge-offs (recoveries) as a percentage of average loans: Commercial & real estate loans 0.14% 0.16% 0.22% 0.16% 0.33% Residential mortgage loans 0.02% 0.02% (0.01)% 0.02% 0.02% Consumer loans 0.80% 1.06% 0.88% 1.12% 0.87% Total net charge-offs as a percentage of average loans: 0.16% 0.19% 0.22% 0.19% 0.31% AVERAGE LOANS Commercial & real estate loans $ 19,085,101 $ 18,651,397 $ 18,376,179 $ 18,041,177 $ 17,832,694 Residential mortgage loans 3,921,837 3,982,502 4,011,469 4,052,310 4,081,987 Consumer loans 1,332,966 1,332,094 1,328,115 1,332,408 1,334,560 Total average loans $ 24,339,904 $ 23,965,993 $ 23,715,763 $ 23,425,895 $ 23,249,241 (l) Included in nonaccrual loans are nonaccruing modified loans to borrowers experiencing financial difficulties totaling $11.4 million at June 30, 2026, $6.9 million at March 31, 2026, $5.8 million at December 31, 2025, $9.3 million at September 30, 2025, and $13.1 million at June 30, 2025.
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17 HANCOCK WHITNEY CORPORATION Appendix A to the Earnings Release Reconciliation of Non-GAAP Measure (Unaudited) PRE-PROVISION NET REVENUE (TE) AND ADJUSTED PRE-PROVISION NET REVENUE (TE) Three Months Ended Six Months Ended (dollars in thousands) 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 6/30/2026 6/30/2025 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 Income tax expense 35,190 11,305 32,734 32,869 31,048 46,495 60,719 Pre-provision net revenue 175,926 71,899 171,451 172,986 159,504 247,825 319,141 Taxable equivalent adjustment (m) 2,213 2,401 2,505 2,571 2,496 4,614 5,302 Pre-provision net revenue (TE) 178,139 74,300 173,956 175,557 162,000 252,439 324,443 Adjustments from supplemental disclosure items Loss on securities portfolio restructure — 98,595 — — — 98,595 — Sabal Trust Company acquisition expense — — — — 5,911 — 5,911 Adjusted pre-provision net revenue (TE)$ 178,139 $ 172,895 $ 173,956 $ 175,557 $ 167,911 $ 351,034 $ 330,354 REVENUE (TE), ADJUSTED REVENUE (TE) AND EFFICIENCY RATIO Three Months Ended Six Months Ended (dollars in thousands) 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 6/30/2026 6/30/2025 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 revenue 401,362 292,647 389,301 385,739 375,483 694,009 740,179 Taxable equivalent adjustment (m) 2,213 2,401 2,505 2,571 2,496 4,614 5,302 Total revenue (TE) $ 403,575 $ 295,048 $ 391,806 $ 388,310 $ 377,979 698,623 745,481 Adjustments from supplemental disclosure items Loss on securities portfolio restructure — 98,595 — — — 98,595 — Adjusted total revenue (TE) $ 403,575 $ 393,643 $ 391,806 $ 388,310 $ 377,979 $ 797,218 $ 745,481 GAAP Noninterest expense $ 225,436 $ 220,748 $ 217,850 $ 212,753 $ 215,979 $ 446,184 $ 421,038 Amortization of intangibles (2,222) (2,548) (2,622) (2,694) (2,524) (4,770) (4,637) Adjustments from supplemental disclosure items Sabal Trust Company acquisition expense — — — — (5,911) — (5,911) Adjusted noninterest expense for efficiency$ 223,214 $ 218,200 $ 215,228 $ 210,059 $ 207,544 $ 441,414 $ 410,490 Efficiency ratio (n) 55.31% 55.43% 54.93% 54.10% 54.91% 55.37% 55.06% (m) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. (n) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items noted above.