Slides
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Third Quarter 2026 Earnings Conference Call 10/20/2026 HANCOCK WHITNEY
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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 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 (including integration), impact on customers, employees, and deposit mix, 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 to successfully 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 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 in this presentation 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, unless required by law. Forward-looking statements are subject to significant risks and uncertainties. Any forward-looking statement made in this presentation 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. Important cautionary statement about forward-looking statements 2
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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-basis financial statements, and other bank holding companies may define or calculate these non-GAAP measures or similar measures differently. Reconciliations of those non-GAAP measures to the comparable GAAP measure are included in the appendix to this presentation. The earnings release, financial tables and supporting slide presentation can be found on the company’s Investor Relations website at investors.hancockwhitney.com. – ABL – Asset Based Lending – ACL – Allowance for credit losses – AEA – Average Earning Assets – AFS – Available for sale securities – Annualized – Calculated to reflect a rate based on a full year – AOCI – Accumulated other comprehensive income – ARM – Adjustable Rate Mortgage – B – Dollars in billions – Beta – repricing based on a change in market rates – BOLI – Bank-owned life insurance – bps – basis points – Brokered Deposits – deposits obtained directly or indirectly through a deposit broker typically offering higher interest rates – C&D – Construction and land development loans – CD – Certificate of deposit – CET1 – Common Equity Tier 1 Ratio – CF – Cash flow – CMBS – Commercial mortgage-backed securities – CMO – Collateralized mortgage obligations – CRE – Commercial real estate – CSO – Corporate strategic objective – DDA – Noninterest-bearing demand deposit accounts – *Efficiency ratio – noninterest expense to total net interest (TE) and noninterest income, excluding amortization of purchased intangibles and other supplemental disclosure items – EOP – End of period – EPS – Earnings per share – Fed – Federal Reserve Bank – FF – Federal Funds – FHLB – Federal Home Loan Bank – FRB-DW – Federal Reserve Bank Discount Window – Free Securities – market value of unencumbered investment securities owned by the bank – FTE – Full time equivalent – FV – Fair Value – FY – Full Year – HFS – Held for sale – HTM – Held to maturity securities – IB – Interest-bearing – ICRE – Income-producing commercial real estate – ICS – Insured Cash Sweep – IRR – Interest rate risk – Line Utilization - represents the used portion of a revolving line resulting in a funded balance for a given portfolio; credit cards, construction loans (commercial and residential), and consumer lines of credit are excluded from the calculation – Linked-quarter (LQ) – current quarter compared to previous quarter – LOC – Line of credit – LQA – Linked-quarter annualized – M&A – Mergers and acquisitions – MM – Dollars in millions – MMDA – Money market demand account – MMDDYY – Month Day Year – Munis – Municipal obligations – NII – Net interest income – *NIM – Net interest margin (TE) – OCI – Other comprehensive income – OFA – Other foreclosed assets – OFB – OFB Bancshares, Inc., on a consolidated basis with its subsidiary, One Florida Bank – O/N – Overnight Funds – ORE – Other real estate – PF – Public Funds – *PPNR and *Adjusted PPNR – Pre-provision net revenue, defined as net income excluding provision expense and income tax expense, plus the taxable equivalent adjustment; adjusted PPNR is PPNR excluding supplemental disclosure items; also known as adjusted leverage – Repo – Customer repurchase agreements – RMBS – Residential mortgage-backed securities – ROA – Return on average assets – ROTCE – Return on tangible common equity – RWA – Risk Weighted Assets – SBA – Small Business Administration – SBIC – Small business investment company – SNC – Shared national credit – SOFR – Secured Overnight Financing Rate – S2 – Slower growth, downside scenario – *Supplemental disclosure items – certain items that are outside of our principal business and/or are not indicative of forward-looking trends; these items are presented below GAAP financial data and excluded from certain adjusted ratios and metrics – TBV – Tangible book value – TCE – Tangible common equity ratio (common shareholders’ equity less intangible assets divided by total assets less intangible assets) – *TE – Taxable equivalent (calculated using the current statutory federal tax rate) – XHYY – Half Year – XQYY – Quarter Year – Y-o-Y – Year over year 3
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HWC Nasdaq Listed HNCOCK WHITNEY 4 *Most recent quarter-end regulatory capital ratios preliminary until finalization of our regulatory filings As of September 30, 2026 (Healthcare) (ABL) (Operations) (Trust) $38.6 billion in Total Assets $26.5 billion in Total Loans $32.2 billion in Total Deposits 11.53% CET1 Ratio* 8.05% TCE Ratio $5.7 billion in Market Cap Baa2 Moody’s Long-term issuer rating; stable outlook BBB S&P Long-term issuer rating; positive outlook 189 banking locations Approximately 3,800 (FTE) employees corporate-wide 224 ATMs Corporate Profile 4
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How we do business Our Mission. Each day, we reaffirm our mission to help people achieve their financial goals and dreams. Our Purpose. We work hard to create opportunities for people and the communities we serve, our purpose for doing what we do. Our Promise to Associates. We honor and respect associates with a heartfelt promise: You can grow. You have a voice. You are important. Honor & Integrity We proudly bear a figurative badge symbolizing our steady commitmentto do the right thing for the people who depend on and trust us. Strength & Stability We maintain strong capital and solid business practices to anchor the company's financial soundness and offer clients safe harbor for their hard-earned money. Commitment to Service With a steadfast pledge to five-star excellence, we strive to deliver exceptional service to our clients and communities every day. Teamwork We embrace the importance of collaboration and work together with people, communities, and each other to empower success in the hometowns we serve. Personal Responsibility Each of us carries the long-burning light of accountability that leads us to go above and beyond our best. Our core values. 5
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HWC Strong and Stable for more than 126 Years ► Strength to manage through challenging economic environments ► Density in resilient deposit markets ► Stable, seasoned, diversified deposits; ability to organically grow deposits ► Solid capital levels including all unrealized losses ► Ability to return capital through dividend increases and share repurchase program ► Commitment to maintaining a de-risked balance sheet ► Robust ACL ► Proven ability to proactively manage expenses ► Technology investments improve client experience and enhance efficiencies ► Exceptional, dedicated, committed team of associates 6
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Third Quarter 2026 Highlights ► Net income totaled $110.1 million, or $1.36 per diluted share, compared to $127.0 million, or $1.55 per diluted share in 2Q26 – 3Q26 results include a pretax charge of ($30.4) million, or $0.30 per share, of supplemental disclosure items related to the acquisition of One Florida Bank (OFB); there were no supplemental disclosure items in 2Q26 or 3Q25 – Excluding the impact of the supplemental disclosure items, adjusted EPS* was $1.66, up $0.11, or 7%, linked-quarter ► Adjusted Pre-Provision Net Revenue (PPNR)* totaled $189.3 million, up $11.2 million, or 6% from the prior quarter ► Loans increased $2.0 billion, or 32% LQA (Slide 8) ► Deposits increased $2.5 billion, or 34% LQA (Slide 10) ► Criticized commercial loans decreased and nonaccrual loans increased, compared to 2Q26 (Slide 11) ► ACL coverage solid at 1.42% (Slide 12) ► NIM of 3.61%, up 5 bps from the prior quarter (Slide 14) ► CET1 ratio estimated at 11.53% compared to 13.19% in the prior quarter; TCE ratio at 8.05% compared to 9.78% in the prior quarter (Slide 18) ► Efficiency ratio* of 54.46%, down 85 bps linked-quarter, compared to 55.31% in the prior quarter *Non-GAAP measure: See appendix for non-GAAP reconciliation **Most recent quarter-end regulatory capital ratios preliminary until finalization of our regulatory filings 7 ($s in millions; except per share data) 3Q26 2Q26 3Q25 Net income $110.1 $127.0 $127.5 Provision for credit losses $16.1 $13.8 $12.7 Supplemental disclosure items $30.4 --- --- Earnings per share – diluted (EPS) $1.36 $1.55 $1.49 Adjusted EPS* $1.66 $1.55 $1.49 Return on Assets (%) (ROA) 1.16 1.42 1.46 Adjusted ROA (%)* 1.41 1.42 1.46 Return on Tangible Common Equity (%) (ROTCE) 13.46 14.84 15.00 Adjusted ROTCE (%)* 16.40 14.84 15.00 Net Interest Margin (TE) (%) 3.61 3.56 3.49 Net Charge-offs (%) 0.16 0.16 0.19 CET1 Ratio (%)** 11.53 13.19 14.09 Tangible Common Equity (%) 8.05 9.78 10.01 Adjusted Pre-Provision Net Revenue (TE)* $189.3 $178.1 $175.6 Efficiency Ratio (%)* 54.46 55.31 54.10
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Loan Growth Driven By OFB Acquisition, Strong Production Bar Chart 8 $24,580 $26,540 $1,717 $123 $193 $16 $16 $63 $6 $123 $9 $42 $22,000 $22,500 $23,000 $23,500 $24,000 $24,500 $25,000 $25,500 $26,000 $26,500 $27,000 6/30/2026 OFB Acquired Balance at 8/1/26 Commercial Non-RE CRE-owner ICRE C&D Healthcare Equipment Finance Energy Mortgage Consumer 9/30/2026 $ in millions ► Loans totaled $26.5 billion, up $2.0 billion, or 32% LQA, including OFB; up $243 million, or 4% LQA, excluding OFB balances at acquisition – Growth driven primarily by an increase in Commercial Real Estate across multiple products and continued growth in Equipment Finance – Prepayments stable linked-quarter – Line utilization remained flat compared to prior quarter at 41.1% ► For 2026, we expect year-over-year low-double digit EOP loan growth $24,580 $26,540 $1,717 $1,326 $359 $483 $927 $32 $20,250 $21,750 $23,250 $24,750 $26,250 $27,750 $29,250 6/30/2026 OFB Acquired Balance at 8/1/26 Originations Net Credit Line Activity Scheduled Payments / Maturities Pre- payments Other 9/30/2026 $ in millions Quarter-Over-Quarter Waterfall by Activity Type Quarter-Over-Quarter Waterfall by Product
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Loan Portfolio Composition Diversified and De-Risked Total Loans Outstanding % of Total Loans Commitment($s in millions) Commercial non-RE (C&I) $7,884 29.7% $14,154 CRE – owner 3,166 11.9% 3,323 ICRE 4,788 18.1% 4,983 C&D 1,308 4.9% 2,685 Healthcare (1) 2,094 7.9% 2,461 Equipment Finance 1,761 6.6% 1,761 Energy 170 0.7% 265 Total Commercial $21,171 79.8% $29,632 Mortgage 3,995 15.0% 3,996 Consumer 1,374 5.2% 3,399 Total Loans $26,540 100.0% $37,027 For Information Purposes Only (included in categories above) Retail (C&I and CRE) 2,483 8.2% 2,851 Hospitality (C&I and CRE) 1,482 5.6% 1,711 Office – ICRE 823 3.1% 847 Office – owner 1,020 3.8% 1,066 Multifamily – ICRE 1,365 5.1% 1,382 Multifamily – C&D 463 1.7% 1,072 ► Loan portfolio diverse across a number of segments and industries ► Conservative underwriting in both type and structure ► Underwriting efforts focused on resilient industries and on full-service client relationships – Business banking and consumer loans provide depository relationships and favorable yields ► SNC Loans totaled $2.3 billion at 9/30/26, 8.6% of total loans, down from $2.4 billion, or 9.6% of loans, at 6/30/26 ► For additional details on ICRE loans, refer to slide 23 in the appendix ► See table below for balances of OFB Acquired loans at 8/1/26 (acquisition close) and at 9/30/26 As of September 30, 2026, OFB loans are included in the chart above. See chart to left for additional details. (1) $614 million of healthcare loans outstanding are C&I, $542 million are CRE-Owner, $698 million are ICRE, and $241 million are C&D 9 OFB Acquired Loans Balance at 8/1/26 Balance at 9/30/26($s in millions) Commercial non-RE (C&I) $330 $311 CRE – owner 250 267 ICRE 565 585 C&D 128 124 Healthcare 83 83 Equipment Finance 212 211 Mortgage 129 131 Consumer 20 19 Total OFB Loans $1,717 $1,731
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Strong Deposit Growth Linked Quarter ► Total deposits of $32.2 billion, up $2.5 billion, or 34% LQA including OFB; up $671 million, or 9% LQA, excluding OFB balances at acquisition – DDA as a % of total deposits was 33% in 3Q26, compared to 35% in 2Q26 – For additional details on deposit composition refer to slide 26 $29,630 $32,177 $1,877 $1,225 $201 $325 $29 $20,000 $24,000 $28,000 $32,000 6/30/2026 OFB Acquired Balance at 8/1/26 Noninterest Bearing DDA Interest Bearing PF Interest Bearing Transaction/ Savings Retail Time Deposits 9/30/2026 $ in millions EOP Deposits Mix ($)* EOP Deposits Mix (%)* 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 DDA 10,639 10,305 10,375 10,345 10,337 10,555 IB Transaction & Savings 11,481 11,759 11,982 12,243 13,029 15,493 IB Public Funds 2,986 2,800 3,217 2,937 2,880 2,571 Retail Time Deposits 3,941 3,796 3,706 3,557 3,384 3,558 Brokered Deposits - - - - - - Total 29,047 28,660 29,280 29,082 29,630 32,177 - 5,000 10,000 15,000 20,000 25,000 30,000$ in millions 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 DDA 37% 36% 35% 36% 35% 33% IB Transaction & Savings 39% 41% 41% 42% 44% 48% IB Public Funds 10% 10% 11% 10% 10% 8% Retail Time Deposits 14% 13% 13% 12% 11% 11% Brokered Deposits 0% 0% 0% 0% 0% 0% Total 100% 100% 100% 100% 100% 100% 0% 20% 40% 60% 80% 100% % of Total Deposits 10 Quarter-Over-Quarter Waterfall by Product OFB Acquired Deposit Balance at 8/1/26 Balance at 9/30/26($s in millions) DDA $419 $372 IB Transaction & Savings 1,240 1,408 IB Public Funds 15 15 Retail Time Deposits 203 191 Total OFB Deposits $1,877 $1,986 *OFB deposits included within each category at September 30, 2026. See table to the left for additional details ► See table below for balances of OFB Acquired deposits at 8/1/26 (acquisition close) and at 9/30/26
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Continued Resilient Asset Quality ► Criticized commercial loans totaled $485 million, or 2.29% of total commercial loans, at September 30, 2026, down $7 million from $492 million, or 2.55% of total commercial loans, in the prior quarter ► Nonaccrual loans totaled $133 million, or 0.50% of total loans, at September 30, 2026, compared to $114 million, or 0.46% of total loans, in the prior quarter ► Expect criticized and nonaccrual levels to compare well to peers ► Not experiencing broad signs of weakness among any industry, collateral type, or geography $0 $100 $200 $300 $400 $500 $600 $700 3Q25 4Q25 1Q26 2Q26 3Q26 Total Loans $23,597 $23,958 $23,992 $24,580 $26,540 Total Commercial Loans 18,234 18,601 18,714 19,323 21,171 Criticized Commercial Loans 549 535 522 492 485 Nonaccrual Loans 114 107 113 114 133 3.01% 0.48% $ in millions 11 2.88% 0.45% 2.79% 0.47% 2.29% 0.50% 2.55% 0.46%
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Maintained Solid Reserves ► Provision for credit losses of $16.1 million for the third quarter of 2026 includes impact of unfunded commitments acquired from OFB; adjusted provision* of $15.1 million for the third quarter of 2026 reflects $10.2 million of net charge-offs and an adjusted reserve build of $4.9 million ► OFB acquired loans required a $22.9 million reserve build, inclusive of a $1.0 million provision for unfunded commitments identified as a supplemental disclosure item – The $21.9 million reserve build was established through Day 1 credit mark ► Maintained solid reserve coverage at 1.42%, unchanged from the prior quarter ► Weighting applied to Moody’s September 2026 economic scenarios was 50% Baseline and 50% slower growth (S2), consistent with prior quarter Net Charge-offs Reserve Build / (Release) Total Provision Reserve Build / (Release) through Purchase Accounting ($s in millions) 3Q26 2Q26 3Q26 2Q26 3Q26 2Q26 3Q26 2Q26 Commercial $7.3 $6.6 $5.0 $4.0 $12.3 $10.6 $19.8 $— Mortgage 0.4 0.1 (0.6) 0.7 (0.2) 0.8 2.0 — Consumer 2.5 2.7 0.5 (0.3) 3.0 2.4 0.1 — Adjusted Total* $10.2 $9.4 $4.9 $4.4 $15.1 $13.8 $21.9 $— OFB Unfunded build — — 1.0 — 1.0 — — — Total $10.2 $9.4 $5.9 $4.4 $16.1 $13.8 $21.9 $— Portfolio ($ in millions) 9/30/2026 6/30/2026 Allowance for Credit Losses % of Loan and Leases Outstanding Allowance for Credit Losses % of Loan and Leases Outstanding Commercial $272 1.29% $247 1.28% Mortgage 44 1.09% 42 1.08% Consumer 24 1.73% 24 1.73% Allowance for Loan and Lease Losses (ALLL) $340 1.28% $313 1.27% Reserve for Unfunded Lending Commitments 36 — 35 — Allowance for Credit Losses (ACL) $376 1.42% $348 1.42% 12*Non-GAAP measure: See appendix for non-GAAP reconciliation
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Portfolio Reinvestment Drives Yield Increase ► Securities portfolio* totaled $8.4 billion at 9/30/2026, up $128 million linked-quarter ► 79% AFS, 21% HTM at 9/30/2026 ► $359 million in notional FV hedges are designated on $388 million in bonds, or 6% of AFS securities; these FV hedges provide flexibility to reposition and/or reprice the hedged assets in a changing rate environment ► Yield 3.46%, up 11 bps primarily due to reinvestment activity at higher rates and additional FV hedge income ► Premium amortization totaled $3.6 million, down $1.0 million linked-quarter ► Effective duration 4.2 at 9/30/2026, up from 4.1 at 6/30/2026 ► Net unrealized losses on securities portfolio impacted by Treasury yields: CMBS $4,239 51% CMO $35 0% U.S. Agencies and Other $753 9% RMBS $3,001 36% Munis $353 4% Securities Portfolio* Mix 9/30/2026 $s in millions Bar chart,pie chart Net Unrealized Loss $ in millions 9/30/2026 6/30/2026 AFS ($587) ($335) HTM ($173) ($130) Total ($760) ($465) * Excluding unrealized losses and FV hedges adjustment 13 24% 24% 24% 23% 22% 3% 0.4% 0.6% 1% 2% 0% 5% 10% 15% 20% 25% 30% 3Q25 4Q25 1Q26 2Q26 3Q26 Securities* and Short Term Investments/Total Assets (EOP) Securities* ST Investments
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1.85% 1.70% 1.65% 1.64% 1.57% 1.47% 1.43% 1.55% 1.49% 1.54% 1.60% 1.00% 1.25% 1.50% 1.75% 2.00% 2.25% 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Jul-26 Aug-26 Sep-26 ► 3Q26 NIM 3.61%, up 5 bps from 2Q26 – NIM 3.61% for the month of September 2026 – 4 bps impact from purchase accounting accretion related to OFB ► 3Q26 NII (TE) of $314.9 million, up $19.7 million, or 7%, compared to $295.2 million in the prior quarter – $3.3 million impact from purchase accounting accretion related to OFB ► For 2026, expect double digit NIM expansion – Assumes one 25 bp rate hike in December 2026 NIM Up Linked-Quarter Cost of Deposits 0.60% 0.50% 0.40% 0.30% 0.20% 0.10% Mar -20 Apr -20 May -20 Jun 20 Jul -20 Aug -20 Sep -20 Oct -20 Nov -20 Dec -20 Mar -21e .59% .41% .33% .29% .25% .21% .20% .19% .17% .17% .13% 3.40% 3.30% 3.20% 3.10% 3.00% 2.90% 2.80% 3Q20 NIM (TE) Impact of Securities Portfoli o Purchase/Premium amortization Impact of change in earnings asset mix Lower cost of deposits Net impact of interest reversals and recoveries/loan fees accretion 4Q20 NIM (TE) 0.02% 0.06% 0.05% 0.02% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% 4Q19 1Q20 2Q20 3Q20 4Q20 4.69% 3.43% 2.56% 0.76% 4.56% 3.41% 2.53% 0.67% 4.04% 3.23% 2.47% 0.38% 3.95% 3.23% 2.31% 0.30% 3.99% 3.22% 2.23% 0.25% L oan Yield Securities Yield Cost of Fund NIM HNCOCK WHITNEY 18 Line chart 3.56% 3.61% 0.04% 0.01% 0.08% 0.08% 2.50% 2.70% 2.90% 3.10% 3.30% 3.50% 3.70% 2Q26 NIM (TE) OFB Accretion Cost of deposits Decreased level of other borrowings Change in earning asset yield and mix 3Q26 NIM (TE) Yield / Cost Quarter Month 14 3Q25 4Q25 1Q26 2Q26 3Q26 Loan Yield 5.87% 5.75% 5.62% 5.60% 5.71% Securities Yield 2.92% 2.98% 3.23% 3.35% 3.46% AEA Yield 5.08% 5.00% 4.99% 5.01% 5.13% Cost of Deposits 1.64% 1.57% 1.47% 1.43% 1.55% Cost of Funds 1.59% 1.52% 1.44% 1.45% 1.53% NIM 3.49% 3.48% 3.55% 3.56% 3.61% 3.00% 3.10% 3.20% 3.30% 3.40% 3.50% 3.60% 3.70% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% NIM
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Loans ► Loans totaled $26.5 billion at September 30, 2026 – 41% fixed, 59% variable (includes hybrid ARMs) – 72% of variable loans tied to SOFR – 24% of variable loans tied to Wall Street Journal Prime – 4% of variable loans tied to other indices ► Approximately 4.7% ($644 million) of the variable rate loan portfolio will strike their index floors at or above a Fed Funds equivalent rate of 2% with a cumulative amount of 27% ($3.7 billion) hitting floor strikes at or above Fed Funds level of 1% Swaps/Hedges (See slide 30 for more information) ► $1.95 billion of spot and forward-starting receive fixed/pay 1-month SOFR swaps designated as cash flow hedges on the balance sheet; extends loan duration ► $359 million of pay fixed/receive Fed Effective swaps designated as fair value hedges on $388 million of securities; provides OCI protection and flexibility to reposition and/or reprice the hedged assets in a changing rate environment ► During 3Q26, four additional cash flow hedges were executed Deposits ► Deposits totaled $32.2 billion at September 30, 2026 ► 81% of deposits are MMDA (excludes PF), savings, or DDA Cycle-to-date Rate Betas 15 Key IRR Metrics Historical Cycles Current Cycle Rates Up (4Q15-2Q19) Rates Down (2Q19-4Q20) Rates Up (1Q22-2Q24) Rates Down (2Q24-2Q26) Expected Rates Up (2Q26- ) Total Deposit Betas 29% 31% 37% 32% ~35-40% IB Deposit Betas 44% 45% 58% 53% ~55-60% Loan Betas 48% 38% 49% 36% ~45-52%
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Stable Fee Income 16 ► Noninterest income totaled $107.0 million, compared to $108.4 million in prior quarter ► Increase of $1.2 million in service charges on deposit accounts due to higher client activity and $0.2 million attributable to OFB ► Increase of $0.7 million in other income due to higher SBIC income, syndication fees, FHLB stock income and $0.3 million attributable to OFB, partially offset by lower derivative and BOLI income ► Decrease of $1.2 million in secondary mortgage fees due to the current rate environment ► Decrease of $1.1 million in trust fees due partially to seasonality ► Decrease of $0.2 million in Bank Card & ATM fees due to lower activity on client accounts, partially offset by $0.1 million increase attributable to OFB Service Charges on Deposits $27.1 25% Investment & Annuity and Insurance $13.9 13% Trust Fees $25.0 23% Bank Card & ATM Fees $23.0 22% Secondary Mortgage Fees $2.8 3% Other $15.2 14% Noninterest Income Mix 3Q26 $s in millions $108.4 $107.0 $1.2 $0.7 $0.2 $0.8 $1.1 $1.2 $0 $20 $40 $60 $80 $100 $120 2Q26 Noninterest Income Bank Card & ATM fees Investment & Annuity Income and Insurance Trust Fees Secondary Mortgage Fees Service Charges on Deposit Accounts Other 3Q26 Noninterest Income $s in millions Lower Mortgage, Specialty Income Partly Offset by Higher Service Fees Noninterest income totaled $82.4 million, down $1.3 mil lion, or 2% linked-quarter Service charges and bank card & ATM fees up primarily due to increased activity, although lower than pre -pandemic levels Secondary mortgage fees continue to be impacted by the favorable ra te environment, albeit a lower level of refinance activity compared to previous quarters Other income decrease related to lower levels of specialty income (BOLI) in 4Q20 partially offset by higher derivati ve income Expect 1Q21 fee income to be down related to anticipated lower levels of specialty income and secondary mortgage fees Secondary Mortgage Fees $11.5 14%Other $12.8 16% Noninterest Income Mix 12/31/20 $s in millions Service Charges on Deposit $19.9 24% Investment & Annuity and Insurance $5.8 7% Trust Fees $14.8 18% Bank Card & ATM Fees $17.6 21% 3Q20 NON INTEREST INCOME SERVICE CHARGES ON DEPOSIT accounts bank card & atm fees investment & annuity income and insurance trust fees secondary mortgage fees other 4q20 Non interest income Pie chart
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Expense Growth Related to Personnel Investments ► Noninterest expense totaled $262.0 million, compared to $225.4 million in the prior quarter; adjusted noninterest expense* totaled $232.6 million, up $7.2 million, or 3% linked-quarter – 3Q26 included $29.4 million of supplemental disclosure items related to the acquisition of OFB; there were no supplemental disclosure items in 2Q26 – Personnel expenses, excluding the supplemental disclosure items, increased $6.2 million, or 5% linked-quarter, related to the impact of new hires and OFB personnel expense (see below); 38 net new bankers hired through 3Q26 A Focus on Expense Control; More Initiatives Underway Noninterest expense totaled $193.1 million, down $2.7 million, or 1% LQ Decline in personnel expense related to savings from efficiency measures taken to -date, including staff attrition and recent finan cial center closures Increase in other expenses mainly related to nonrecurring hurricane expense and branch closures Expense reduction initiatives to -date Closed 12 financial centers in 4Q20 8 additional financial centers closure s announced in 1Q21 Ongoing branch rationalization reviews Closed Wealth Management trust offices in the NE corridor FTE down 210 compared to June 30, 2020 through staff attrition and other initiatives Early retirement package offered to select employees in 1Q21 Expect 1Q21 expenses to be flat as efficiency initiatives continue and offset typical beg inning of the year increases; does not include nonrecurring charges for certain initiatives (i.e. early retirement) Personnel $136.4 59% Occupancy & Equipment $19.9 8% Other, net (incl. ORE/OFA) $73.4 32% Amortization of Intangibles $2.9 1% Adjusted Noninterest Expense* Mix 3Q26 $s in millions 17 $225.4 $232.6 $262.0 $6.2 $1.7 $0.7 $0.4 $29.4 $1.8 $100 $125 $150 $175 $200 $225 $250 $275 2Q26 Noninterest Expense Personnel Expense Occupancy and Equipment Amortization of Intangibles ORE/OFA Expenses Other (net) 3Q26 Adjusted Noninterest Expense* Supplemental Disclosure Items 3Q26 Noninterest Expense $s in millions *Non-GAAP measure: See appendix for non-GAAP reconciliation OFB Noninterest Expense OFB Expenses 8/1/26- 9/30/26 Supplemental Disclosure Items($s in millions) Personnel Expense $3.6 $8.3 Occupancy and Equipment 0.4 0.1 Amortization of Intangibles 1.2 - Other (net) 0.6 21.0 Total $5.8 $29.4
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Capital Deployed Through Growth and Buybacks ► TCE ratio 8.05%, compared to 9.78% linked-quarter ► Leverage (Tier 1) ratio estimated at 9.79%, compared to 10.87% linked-quarter ► CET1 ratio estimated at 11.53%, compared to 13.19% linked-quarter ► Total risk-based capital ratio estimated at 13.21%, compared to 14.98% linked-quarter ► 1 million shares of company common stock repurchased during 3Q26 at an average price of $77.91 per share; 1 million shares remaining under existing 5% (approximately 4.1 million shares) buyback authority through December 31, 2026 Tangible Common Equity Ratio Leverage Ratio CET1 Ratio and Tier 1 Risk-Based Capital Ratio Total Risk-Based Capital Ratio September 30, 2026* 8.05% 9.79% 11.53% 13.21% June 30, 2026 9.78% 10.87% 13.19% 14.98% March 31, 2026 9.93% 10.89% 13.29% 15.10% December 31, 2025 10.06% 11.17% 13.65% 15.45% September 30, 2025 10.01% 11.46% 14.09% 15.92% 13.19% 11.53% 0.38% 0.08%0.14% 0.27% 0.14% 1.57% 2.50% 4.50% 6.50% 8.50% 10.50% 12.50% 14.50% 2Q26 CET1 Dividends Shares Repurchased Earnings Change in RWA OFB Other 3Q26 CET1* CET1 Ratio 11.53% *Most recent quarter-end regulatory capital ratios preliminary until finalization of our regulatory filings 18 9.78% 8.05% 0.32% 0.02% 0.11% 0.22% 0.04% 0.59% 1.11% 2.50% 3.50% 4.50% 5.50% 6.50% 7.50% 8.50% 9.50% 10.50% 2Q26 TCE Dividends Shares Repurch- ased Tangible Asset Change Tangible Earnings OCI OFB Other 3Q26 TCE TCE Ratio 8.05%
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2026 Forward Guidance Corporate Strategic Objectives (CSOs) Long-term operating objectives reviewed/updated annually (assumes fed funds at approximately 3.25% for 2028) 3 Year Objective (4Q28) 3Q26 Actual(4) ROA ≥ 1.50% 1.41% TCE 9.00 - 9.50% 8.05% ROTCE ≥ 15% 16.40% Efficiency Ratio(1) ≤ 55% 54.46% (1) Refer to appendix for non-GAAP reconciliations (2) Guidance based on one 25 bp rate hike in 4Q26 (3) Updated from prior quarter (4) Results for 3Q26 adjusted for supplemental disclosure items 19 3Q26 Actual 4Q26 Outlook, compared to 3Q26 FY 2026 Outlook, compared to FY25 Loans (EOP) $26.5B Up mid single digits Up low double digits Deposits (EOP) $32.2B Up upper single digits Up low double digits Net Interest Income (te)(2) $314.9MM Up between 3% - 4% Up between 9% - 9.5%(3) Net Interest Margin (te)(2) 3.61% Modest NIM expansion Double digit NIM expansion(3) Net charge-offs 0.16% 0.15% - 0.25% 0.15% - 0.25% Adjusted Noninterest Income(1) $107.0MM Up between 0.5% - 1% Up between 5.5% - 6%(3) Adjusted Noninterest Expense(1) $232.6MM Up between 2% - 2.5% Up between 8% - 8.5%(3) Adjusted Pre-Provision, Net Revenue (PPNR)(1) $189.3MM Up between 3% - 4% Up between 8% - 8.5%(3) Effective Tax Rate 22.5% Approximately 21.5% - 22% Approximately 21.5%(3) Efficiency Ratio(1) 54.46% Expect to maintain efficiency ratio below 55% Expect to maintain efficiency ratio below 55%
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Appendix and Non-GAAP Reconciliations Appendix and Non-GAAP Reconciliations CHANCOCK WHITNEY
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Change YTD 2026 YTD 2025 Change 3Q26 2Q26 3Q25 LQ Prior Year Y-o-Y EOP Balance Sheet 26,540.4 24,580.2 23,596.6 1,960.2 2,943.8 Loans 26,540.4 23,596.6 2,943.8 7,758.3 7,891.4 7,991.3 (133.1) (233.0) Securities 7,758.3 7,991.3 (233.0) 34,962.2 33,039.5 32,532.3 1,922.7 2,429.9 Earning assets 34,962.2 32,532.3 2,429.9 38,583.5 36,346.0 35,766.4 2,237.5 2,817.1 Total assets 38,583.5 35,766.4 2,817.0 32,177.3 29,629.8 28,659.80 2,547.5 3,517.5 Deposits 32,177.3 28,659.8 3,517.5 1,304.3 1,571.0 1,891.5 (266.7) (587.2) Short-term borrowings 1,304.3 1,891.5 (587.2) 34,349.2 31,901.9 31,291.9 2,447.3 3,057.3 Total liabilities 34,349.2 31,291.9 3,057.3 4,234.3 4,444.1 4,474.5 (209.8) (240.2) Stockholders' equity 4,234.3 4,474.5 (240.2) Avg Balance Sheet 25,766.2 24,339.9 23,425.9 1,426.3 2,340.3 Loans 24,697.3 23,249.2 1,448.1 8,284.8 8,285.6 8,383.8 (0.8) (99.0) Securities (1) 8,278.7 8,299.5 (20.8) 34,766.9 33,205.8 32,213.6 1,561.1 2,553.3 Average earning assets 33,564.8 32,106.9 1,457.9 37,591.3 35,881.5 34,751.2 1,709.8 2,840.1 Total assets 36,305.6 34,546.1 1,759.5 30,924.8 28,780.9 28,492.1 2,143.9 2,432.7 Deposits 29,521.2 28,630.5 890.7 1,514.7 1,982.1 1,135.3 (467.4) 379.4 Short-term borrowings 1,642.0 876.7 765.3 33,201.4 31,460.7 30,382.5 1,740.7 2,818.9 Total liabilities 31,881.7 30,266.8 1,614.9 4,389.9 4,420.8 4,368.7 (30.9) 21.2 Stockholders' equity 4,423.9 4,279.3 144.6 5.71% 5.60% 5.87% 11 bps -16 bps Loan yield 5.65% 5.86% -21 bps 3.46% 3.35% 2.92% 11 bps 54 bps Securities yield 3.35% 2.85% 50 bps 2.33% 2.20% 2.55% 13 bps -22 bps Cost of IB deposits 2.26% 2.59% -33 bps 82.48% 82.96% 82.33% -48 bps 15 bps Loan/Deposit ratio - EOP 82.48% 82.33% 15 bps Summary Balance Sheet ($ in millions) (1) Average securities excludes unrealized gain/(loss) Summary Balance Sheet ($ in millions) 4Q20 and YTD 2020 include $2.0 billion and 3Q20 included $2.3 billion in PPP loans, net Average securities excludes unrealized gain /(loss) Change 4Q20 3Q20 4Q19 LQ PY Line Item YTD 2020 YTD 2019 Y -o-Y EOP Balance Sheet $21,789.9 $22,240.2 $21,212.8 ($450.3) $577.1 Loans (1) $21,789.9 $21,212.8 $577.1 7,356.5 7,056.3 6,243.3 300.2 1,113.2 Securities 7,356.5 6,243.3 1,113.2 30,616.3 30,179.1 27,622.2 437.2 2,994.1 Earning Assets 30,616.3 27, 622.2 2,994.1 33,638.6 33,193.3 30,600.8 445.3 3,037.8 Total assets 33,638.6 30,600.8 3,037.8 $27,698.0 $27,030.7 $23,803.6 $667.3 $3,894.4 De posits $27,698.0 $23,803.6 $3,894.4 1,667.5 1,906.9 2,714.9 (239.4) (1,047.4) Short -term borrowings 1,667.5 2,714.9 (1,047.4) 30 ,199.6 29,817.7 27,133.1 381.9 3,066.5 Total Liabilities 30,199.6 27,133.1 3,066.5 3,439.0 3,375.6 3,467.7 63.4 (28.7) Stockh olders' Equity 3,439.0 3,467.7 (28.7) Avg Balance Sheet $22,065.7 $22,407.8 $21,037.9 ($342.1) $1 ,027.8 Loans $22,166.5 $20,380.0 $1,786.5 6,921.1 6,389.2 6,201.6 531.9 719.5 Securities (2) 6,398.7 5,864.2 534.5 29,875.5 29,412.3 27,441.5 463.2 2,434.0 Average earning ass ets 29,235.3 26,476.9 2,758.4 33,067.5 32,685.4 30,343.3 382.1 2,724.2 Total assets 32,391.0 29,125.4 3,265.6 $27,040.4 $26,763.8 $23,848.4 $276.6 $3,192.0 Deposits $26,212.3 $23,299.3 $2,913.0 1,779.5 1,733.3 2,393.4 46.2 (613.9) Short -term borrowings 1,978.2 1,942.1 36.1 29,660.8 29,333.8 26,869.6 327.0 2,791.2 Total Liabilities 28,957.9 25,822.8 3,135.1 3,406.6 3,351.6 3,473.7 55.0 (67.1) Stockholders' Equity 3,433.1 3,302.7 130.4 3.99% 3.95% 4.69% 4 bps -70 bps Loan Yield 4.13% 4.81% -68 bps 2.23% 2.31% 2.56% -8 bps -33 bps Securities Yield 2.38% 2.62% -24 bps 0.31% 0.39% 1.11% -8 bps -80 bps Cost of IB Deposits 0.57% 1.25% -68 bps 79% 82% 89% -361 bps -1045 bps Loan/Deposit Ratio (Period End) 79% 89% -1045 bps CHANCOCK WHITNEY 26 21
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Balance Sheet Summary $23.4 $23.7 $24.0 $24.3 $25.8 $22 $23 $24 $25 $26 3Q25 4Q25 1Q26 2Q26 3Q26 Average Loans ($s in billions) $8.4 $8.5 $8.3 $8.3 $8.3 $6 $7 $8 $9 $10 $11 3Q25 4Q25 1Q26 2Q26 3Q26 Average Securities* ($s in billions) $28.5 $28.8 $28.8 $28.8 $30.9 $24 $26 $28 $30 $32 3Q25 4Q25 1Q26 2Q26 3Q26 Average Deposits ($s in billions) 5.87% 5.75% 5.62% 5.60% 5.71% 4.75% 5.25% 5.75% 6.25% 6.75% 3Q25 4Q25 1Q26 2Q26 3Q26 Loan Yield (TE) 1.64% 1.57% 1.47% 1.43% 1.55% 0.50% 1.00% 1.50% 2.00% 2.50% 3Q25 4Q25 1Q26 2Q26 3Q26 Cost of Deposits 3Q25 4Q25 1Q26 2Q26 3Q26 Average Loans ($MM) 23,426 23,716 23,966 24,340 25,766 Average Total Securities* ($MM) 8,384 8,484 8,266 8,286 8,285 Average Deposits ($MM) 28,492 28,817 28,835 28,781 30,925 Loan Yield (TE) 5.87% 5.75% 5.62% 5.60% 5.71% Cost of Deposits 1.64% 1.57% 1.47% 1.43% 1.55% Tangible Common Equity Ratio 10.01% 10.06% 9.93% 9.78% 8.05% 10.01% 10.06% 9.93% 9.78% 8.05% 7.75% 8.25% 8.75% 9.25% 9.75% 10.25% 10.75% 3Q25 4Q25 1Q26 2Q26 3Q26 Tangible Common Equity Ratio * Average securities excludes unrealized gain/(loss) 22
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ICRE Segmentation Detail and Key Metrics 23 ► ICRE loan portfolio is diversified by asset class, industry and geographic region ► ICRE 21% of total loans and includes a variety of collateral types ► Office-ICRE exposure low at only 3.1% of total loans – Office buildings tend to be more mid-rise – Approximately 43% of office-ICRE exposure has medical-related tenants – Approximately 90% of office exposure is located within our 5-state footprint (AL, FL, LA, MS, TX) – 90% of office-ICRE portfolio (by loan count) has exposure of $5 million or less – 78% of office-ICRE exposure has some level of guarantor support (corporate, personal, or both) ► Multifamily – ICRE and C&D exposure diverse – No rent stabilized properties – Approximately 70% of multifamily exposure is located within our 5-state footprint (AL, FL, LA, MS, TX) – 97% of multifamily (ICRE and C&D) exposure has some level of guarantor support (corporate, personal, or both) Total Loans Outstanding % of Total Loans Commitment($s in millions) Multifamily $1,365 5.1% $1,382 Retail 1,035 3.9% 1,064 Industrial 971 3.7% 1,080 Office 823 3.1% 847 Healthcare related properties 607 2.3% 638 Hospitality(1) 496 1.9% 504 Other 138 0.5% 144 Other land loans 38 0.1% 39 1-4 family residential construction 13 0.0% 15 Total ICRE Loans(2) $5,486 20.7% $5,713 As of September 30, 2026 (1) Includes hotel, motel and restaurants (2) Includes ICRE and $698 million healthcare loans outstanding; healthcare loans outstanding primarily included in healthcare related properties, office, and other collateral categories LA 25% FL 30% TX 15% AL 3% MS 5% Multiple States (Footprint) 3% Other 19% ICRE Exposure (%) by State 9/30/2026
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EOP Loan Repricing and Maturity 24 ($s in millions) Repricing/Maturity Term (1) Rate Structure 3 months or less 4-12 months 1-3 Years 3-5 Years 5-15 Years Over 15 Years Total Loans (EOP) Variable Rate Fixed Rate Commercial Non-RE $6,336 $417 $945 $1,690 $967 $28 $10,383 $6,471 $3,912 CRE-Owner 1,293 157 386 708 1,196 13 3,753 1,287 2,466 CRE- income producing 3,877 195 467 664 280 3 5,486 3,814 1,672 Construction and land development 1,202 17 95 100 89 46 1,549 1,191 358 Total Commercial 12,708 786 1,893 3,162 2,532 90 21,171 12,763 8,408 Residential mortgages 162 157 100 426 1,186 1,964 3,995 1,694 2,301 Consumer 1,229 51 34 41 14 5 1,374 1,240 134 Total Loans $14,099 $994 $2,027 $3,629 $3,732 $2,059 $26,540 $15,697 $10,843 % of Total 53% 4% 7% 14% 14% 8% 100% 59% 41% Weighted Average Rate 6.35% 5.26% 5.84% 5.54% 4.65% 4.79% 5.82% 6.08% 5.39% (1) Based on maturity date for fixed rate loans ▶ 88% of variable rate loans reprice in three months or less ▶ $0.9 billion of variable rate mortgages, or 6% of total variable rate loans, reprice in 5 to 15 years
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Total Loan Rates and Yield Trends 25 $9,691 $9,789 $9,906 $9,864 $9,839 $10,843 $13,771 $13,808 $14,052 $14,128 $14,741 $15,697 5.86% 5.87% 5.75% 5.62% 5.60% 5.71% 6.78% 6.78% 6.26% 6.16% 6.04% 6.14% 4.00% 4.40% 4.80% 5.20% 5.60% 6.00% 6.40% 6.80% 7.20% 7.60% 8.00% $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Total Loans Fixed Loans Variable Loans Total Loan Yield (2) Total New Loan Rate (3) $ in millions Total Loan Rate(1) - Fixed 5.17% 5.24% 5.28% 5.28% 5.32% 5.39% Total Loan Rate(1) - Variable 6.58% 6.52% 6.15% 6.00% 5.94% 6.08% (1) Loan rates represent weighted average coupon rate at end of period (2) Total loan yield includes impact of cash flow hedges (3) New Loan rates represent weighted average coupon rate in the month of origination or first funded balance
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Maintaining a Seasoned, Stable, Diversified Deposit Base 26 ► DDA as a % of total deposits remains strong at 33% at September 30, 2026 ► Uninsured deposits (adjusted for collateralized public funds) were 44.3% at September 30, 2026, compared to 41.8% at June 30, 2026 – The Insured Cash Sweep (ICS) product is available to clients as a way to secure deposits above FDIC limits; balances at September 30, 2026 were approximately $674 million (including OFB), up from $263 million at June 30, 2026 – Repurchase (Repo) agreements are another way for clients to secure deposits; balances at September 30, 2026 were $554 million, compared to $621 million at June 30, 2026 ► Consumer clients comprise 40% of total deposits (45% including wealth), while commercial clients comprise 46% ► There were no brokered time deposits at September 30, 2026 or June 30, 2026 Consumer 40% Commercial 46% Wealth 5% Public Funds 9% EOP Deposits by Line of Business* 9/30/2026 *Reflects preliminary allocation of line of business for OFB acquisition not yet fully integrated
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► Currently have approximately $21.0 billion in internal and external sources of liquidity if needed ► Approximately $19.3 billion in remaining net liquidity available at September 30, 2026 ► There were no brokered time deposits at September 30, 2026 or June 30, 2026 At September 30, 2026 $ in millions Total Sources Amount Used Net Availability Internal Sources Free Securities $4,578 $ — $4,578 External Sources FHLB* 6,912 1,739 5,173 FRB-DW 3,478 — 3,478 Brokered Deposits 4,827 — 4,827 Overnight Fed Funds LOCs 1,219 — 1,219 Total Available Sources of Funding $21,014 $1,739 $19,275 Strong Liquidity Position; Multiple Sources of Funding Available At September 30, 2026 $ in millions Cash and O/N $ 1,207 Cash and O/N as a % of Assets 3.1% Cash and O/N + Net Availability $ 20,482 Uninsured Deposits excl. PF Deposits $ 14,270 Cash and O/N + Net Availability to Adj. Uninsured deposits 143.53% 80.8% 82.3% 81.8% 82.5% 83.0% 82.5% 65.0% 70.0% 75.0% 80.0% 85.0% 90.0% 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 EOP Loan to Deposit Ratio * Amount used includes letters of credit (off balance-sheet) 27
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Summary Income Statement ($ in millions, except for per share data) *Non-GAAP measure: see slides 31-34 for non-GAAP reconciliations 28 Change YTD 2026 YTD 2025 Change 3Q26 2Q26 3Q25 LQ Prior Year Y-o-Y 314.9 295.2 282.3 19.7 32.6 Net interest income (TE) 897.7 834.5 63.2 16.1 13.8 12.7 2.3 3.4 Provision for credit losses 43.0 38.0 5.0 107.0 108.4 106.0 (1.4) 1.0 Noninterest income 222.8 299.3 (76.5) 262.0 225.4 212.8 36.6 49.2 Noninterest expense 708.2 633.8 74.4 142.0 162.2 160.3 (20.2) (18.3) Income before income tax 362.9 454.1 (91.2) 32.0 35.2 32.9 (3.2) (0.9) Income tax expense 78.5 93.6 (15.1) 110.1 127.0 127.5 (16.9) (17.4) Net income 284.4 360.5 (76.1) 189.3 178.1 175.6 11.2 13.7 Adjusted PPNR (TE)* 540.3 505.9 34.4 110.1 127.0 127.5 (16.9) (17.4) Net income 284.4 360.5 (76.1) (0.3) (0.3) (0.6) - 0.3 Net Income allocated to participating securities (0.8) (1.6) 0.8 109.8 126.6 126.9 (16.8) (17.1) Net Income available to common shareholders 283.6 358.9 (75.3) 80.6 81.5 85.5 (0.9) (4.9) Weighted average common shares - diluted (millions) 81.4 86.0 (4.6) 1.36 1.55 1.49 (0.19) (0.13) EPS - diluted 3.48 4.17 (0.69) 3.61% 3.56% 3.49% 5 bps 12 bps NIM (TE) 3.57% 3.47% 10 bps 1.16% 1.42% 1.46% -26 bps -30 bps ROA 1.05% 1.40% -35 bps 9.95% 11.52% 11.58% -157 bps -163 bps ROE 8.60% 11.26% -266 bps 54.46% 55.31% 54.10% -85 bps 36 bps Efficiency ratio* 55.05% 54.73% 32 bps
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Income Statement Summary (as Adjusted*) *Non-GAAP measure: see slides 31-34 for non-GAAP reconciliations $175.6 $174.0 $172.9 $178.1 $189.3 $150 $160 $170 $180 $190 $200 3Q25 4Q25 1Q26 2Q26 3Q26 Adjusted PPNR* ($s in millions) $282.3 $284.7 $287.6 $295.2 $314.9 $250 $270 $290 $310 $330 3Q25 4Q25 1Q26 2Q26 3Q26 Net Interest Income (TE) ($s in millions) $106.0 $107.1 $106.1 $108.4 $107.0 $75 $90 $105 $120 $135 3Q25 4Q25 1Q26 2Q26 3Q26 Adjusted Noninterest Income* ($s in millions) $212.8 $217.9 $220.7 $225.4 $232.6 $200 $210 $220 $230 $240 3Q25 4Q25 1Q26 2Q26 3Q26 Adjusted Noninterest Expense* ($s in millions) 3Q25 4Q25 1Q26 2Q26 3Q26 Adjusted PPNR (TE)* ($000) 175,557 173,956 172,895 178,139 189,258 Net Interest Income (TE) ($000) 282,309 284,675 287,566 295,225 314,898 Net Interest Margin (TE) 3.49% 3.48% 3.55% 3.56% 3.61% Adjusted Noninterest Income* ($000) 106,001 107,131 106,077 108,350 107,011 Adjusted Noninterest Expense* ($000) 212,753 217,850 220,748 225,436 232,651 Efficiency Ratio* 54.10% 54.93% 55.43% 55.31% 54.46% 3.49% 3.48% 3.55% 3.56% 3.61% 3.00% 3.15% 3.30% 3.45% 3.60% 3.75% 3Q25 4Q25 1Q26 2Q26 3Q26 Net Interest Margin (TE) 54.10% 54.93% 55.43% 55.31% 54.46% 48.00% 50.00% 52.00% 54.00% 56.00% 58.00% 60.00% 3Q25 4Q25 1Q26 2Q26 3Q26 Efficiency Ratio* Results *Non-GAAP measures. See slides 29 -31 for non-GAAP reconciliations 4Q19 1Q20 2Q20 3Q20 4Q20 Operating PPNR (TE)* ($000) 125,660 115,688 118,518 126,346 130,607 Net Interest Income (TE)* ($000) 236,736 234,636 241,114 238,372 241,401 Net Interest Margin (TE)* 3.43% 3.41% 3.23% 3.23% 3.22% Noninterest Income ($000) 82, 924 84,387 73,943 83,748 82,350 Operating Expense* ($000) 194,000 203,335 196,539 195,774 193,144 Efficiency Ratio* 58.88% 62.06% 60.74% 59.29% 58.23% CHANCOCK WHITNEY 27 29
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Current Hedge Positions Cash Flow (CF) Hedges ► Receive 300 bps versus paying 1-month SOFR on $1.95 billion ► Four additional hedges were executed while no terminations were made during the third quarter of 2026 ► Total termination value on remaining active CF hedges is approximately ($42) million as of 9/30/2026 ► Future maturities of existing CF hedges range from October 2026 through January 2031 Fair Value (FV) Hedges ► Pay an average fixed rate of 1.94% and receive variable rate at FF effective (resulting in these bonds being a variable rate of FF plus 41 bps) ► No FV hedges were terminated in 3Q26; however, one FV hedge became effective on 7/1/2026 and provided full quarter impact during 3Q26 ► The $359 million of FV hedges reduced the duration (market price risk) from approximately 5.0 years to 1.0 year on $388 million in hedged securities ► All $359 million in FV hedges have become effective and contribute to the total portfolio yield ► Current termination value of FV hedges is approximately $36 million at 9/30/2026 ► When FV hedges are terminated, the value of each hedge is an adjustment to the book value of the underlying security, thereby changing its current book yield and extending its duration 30
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PPNR (TE) and Adjusted PPNR (TE) Reconciliation Three Months Ended Nine Months Ended ($ in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 YTD 2026 YTD 2025 Net Income (GAAP) $110,056 $126,961 $47,422 $125,572 $127,466 $284,439 $360,501 Provision for credit losses 16,097 13,775 13,172 13,145 12,651 43,044 38,038 Income tax expense 31,964 35,190 11,305 32,734 32,869 78,459 93,588 Pre-provision net revenue 158,117 175,926 71,899 171,451 172,986 405,942 492,127 Taxable equivalent adjustment* 1,791 2,213 2,401 2,505 2,571 6,405 7,873 Pre-provision net revenue (TE)* 159,908 178,139 74,300 173,956 175,557 412,347 500,000 Adjustments from supplemental disclosure items OFB Bancshares, Inc. acquisition expense 29,350 — — — — 29,350 — Loss on securities portfolio restructure — — 98,595 — — 98,595 — Sabal Trust Company acquisition expense — — — — — — 5,911 Adjusted pre-provision net revenue (TE)* $189,258 $178,139 $172,895 $173,956 $175,557 $540,292 $505,911 Total Revenue (TE), Operating PPNR (TE) Reconciliations Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. Three Months Ended (in thousands) 12/31/2020 9/30/2020 6/30/2020 3/31/2020 12/31/2019 Net interest income $238,286 $235,183 $237,866 $231,188 $233,156 Noninterest income 82,350 83,748 73,943 84,387 82,924 Total revenue $320,636 $318,931 $311,809 $315,575 $316,080 Taxable equivalent adjustment 3,115 3,189 3,248 3,448 3,580 Total revenue (TE) $323,751 $322,120 $315,057 $319,023 $319,660 Noninterest expense (193,144) (195,774) (196,539) (203,335) (197,856) Nonoperating expense — — — — 3,856 Operating pre-provision net revenue $130,60 7 $126, 346 $118,518 $115,688 $125,660CHANCOCK WHITNEY 31 *Taxable equivalent (TE) amounts are calculated using a federal tax rate of 21% 31
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Adjusted Provision for Credit Losses Total Revenue (TE), Operating PPNR (TE) Reconciliations Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. Three Months Ended (in thousands) 12/31/2020 9/30/2020 6/30/2020 3/31/2020 12/31/2019 Net interest income $238,286 $235,183 $237,866 $231,188 $233,156 Noninterest income 82,350 83,748 73,943 84,387 82,924 Total revenue $320,636 $318,931 $311,809 $315,575 $316,080 Taxable equivalent adjustment 3,115 3,189 3,248 3,448 3,580 Total revenue (TE) $323,751 $322,120 $315,057 $319,023 $319,660 Noninterest expense (193,144) (195,774) (196,539) (203,335) (197,856) Nonoperating expense — — — — 3,856 Operating pre-provision net revenue $130,60 7 $126, 346 $118,518 $115,688 $125,660CHANCOCK WHITNEY 31 Adjusted Noninterest Expense 32 Three Months Ended Nine Months Ended ($ in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 YTD 2026 YTD 2025 Noninterest expense (GAAP) $262,001 $225,436 $220,748 $217,850 $212,753 $708,185 $633,791 Adjustments from supplemental disclosure items OFB Bancshares, Inc. acquisition expense (29,350) — — — — (29,350) — Sabal Trust Company acquisition expense — — — — — — (5,911) Adjusted noninterest expense $232,651 $225,436 $220,748 $217,850 $212,753 $678,835 $627,880 Three Months Ended Nine Months Ended ($ in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 YTD 2026 YTD 2025 Provision for credit losses (GAAP) $16,097 $13,775 $13,172 $13,145 $12,651 $43,044 $38,038 Adjustment from supplemental disclosure item One Florida Bank reserve acquired for unfunded commitments (1,036) — — — — (1,036) — Adjusted provision for credit losses $15,061 $13,775 $13,172 $13,145 $12,651 $42,008 $38,038 Three Months Ended Nine Months Ended ($ in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 YTD 2026 YTD 2025 Noninterest income (GAAP) $107,011 $108,350 $7,482 $107,131 $106,001 $222,843 $299,316 Adjustment from supplemental disclosure item Loss on securities portfolio restructure — — 98,595 — — 98,595 — Adjusted noninterest income $107,011 $108,350 $106,077 $107,131 $106,001 $321,438 $299,316 Adjusted Noninterest Income
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Adjusted Efficiency Ratio Reconciliation *Taxable equivalent (TE) amounts are calculated using a federal tax rate of 21% ** The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items noted above 33 Three Months Ended Nine Months Ended ($ in thousands) 3Q26 2Q26 1Q26 4Q25 3Q25 YTD 2026 YTD 2025 Net interest income $313,107 $293,012 $285,165 $282,170 $279,738 $891,284 $826,602 Noninterest income 107,011 108,350 7,482 107,131 106,001 222,843 299,316 Total GAAP revenue 420,118 401,362 292,647 389,301 385,739 1,114,127 1,125,918 Taxable equivalent adjustment 1,791 2,213 2,401 2,505 2,571 6,405 7,873 Total revenue (TE)* $421,909 $403,575 $295,048 $391,806 $388,310 $1,120,532 $1,133,791 Adjustments from supplemental disclosure items Loss on securities portfolio restructure — — 98,595 — — 98,595 —- Adjusted total revenue (TE)* for efficiency $421,909 $403,575 $393,643 $391,806 $388,310 $1,219,127 $1,133,791 GAAP Noninterest expense $262,001 $225,436 $220,748 $217,850 $212,753 $708,185 $633,791 Amortization of Intangibles (2,885) (2,222) (2,548) (2,622) (2,694) (7,655) (7,331) Adjustments from supplemental disclosure items OFB Bancshares, Inc. acquisition expense (29,350) — — — — (29,350) — Sabal Trust Company acquisition expense — — — — — — (5,911) Adjusted noninterest expense less amortization of intangibles $229,766 $223,214 $218,200 $215,228 $210,059 $671,180 $620,549 Efficiency Ratio** 54.46% 55.31% 55.43% 54.93% 54.10% 55.05% 54.73%
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*Supplemental disclosure items, net of income tax impact calculated using federal tax rate of 21% Adjusted Net Income, ROA, and ROTCE Reconciliation Three Months Ended ($ in thousands) 3Q26 2Q26 3Q25 Average total assets $37,591,325 $35,881,537 $34,751,209 Average common stockholders' equity $4,389,908 $4,420,837 $4,368,746 Average goodwill and other intangible assets (1,146,215) (988,701) (996,408) Average tangible common equity $3,243,693 $3,432,136 $3,372,338 Net income (GAAP) $110,056 $126,961 $127,466 Supplemental disclosure items, net of income tax* 24,005 -- -- Adjusted Net Income $134,061 $126,961 $127,466 ROA 1.16% 1.42% 1.46% Adjusted ROA 1.41% 1.42% 1.46% ROTCE 13.46% 14.84% 15.00% Adjusted ROTCE 16.40% 14.84% 15.00% Adjusted Earnings Per Share – Diluted Reconciliation Three Months Ended ($ in thousands) 3Q26 2Q26 3Q25 Net Income (GAAP) $110,056 $126,961 $127,466 Net income allocated to participating securities (283) (330) (552) Net income available to common shareholders $109,773 $126,631 $126,914 Supplemental disclosure items, net of income tax* 24,005 — — Supplemental disclosure items allocated to participating securities (62) — — Adjusted net income allocated to participating securities $133,716 $126,631 $126,914 Weighted average common shares – diluted 80,612 81,485 85,453 Earnings per share – diluted $1.36 $1.55 $1.49 Adjusted earnings per share – diluted $1.66 $1.55 $1.49 34
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Third Quarter 2026 Earnings Conference Call 10/20/2026 HANCOCK WHITNEY