Hancock Holding Company operates as the bank holding company for Whitney Bank that provides a range of community banking services to commercial, small business, and retail customers. The company offers various deposit products, including noninterest-bearing demand deposits, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts. It also provides commercial and industrial; commercial real estate; construction and land development; and residential mortgages, including fixed and adjustable rate loans; and consumer loans comprising second lien mortgage home loans, home equity lines of credit, and nonresidential consumer purpose loans. In addition, the company offers treasury management services, investment brokerage services, letters of credit and financial guarantees, and revolving credit facilities. Further, it provides trust and investment management services to retirement plans, corporations, and individuals. Additionally, the company provides insurance agency services, discount investment brokerage services, life insurance, and consumer financing services, as well as operates and sells foreclosed assets. It operates approximately 237 full service banking and financial services offices and 277 automated teller machines in Gulf south corridor, south Mississippi; southern and central Alabama; southern Louisiana; the northern, central, and Panhandle regions of Florida; and Houston, Texas under the Hancock and Whitney Bank brand names, as well as operates a loan production office in Nashville, Tennessee. Hancock Holding Company was founded in 1883 and is headquartered in Gulfport, Mississippi.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:HBHC
CUSIP41012010
Phone228-868-4727
Debt
Debt-to-Equity Ratio0.10
Current Ratio0.81
Quick Ratio0.80
Price-To-Earnings
Trailing P/E Ratio17.76
Forward P/E Ratio13.50
P/E Growth1.68
Sales & Book Value
Annual Sales$1.17 billion
Price / Sales3.79
Cash Flow$4.0070 per share
Price / Cash12.94
Book Value$33.96 per share
Price / Book1.53
Profitability
EPS (Most Recent Fiscal Year)$2.92
Net Income$215.63 million
Net Margins19.76%
Return on Equity9.70%
Return on Assets1.03%
Miscellaneous
Employees3,887
Outstanding Shares85,290,000
Market Cap$4,405.08
Hancock (NASDAQ:HBHC) Frequently Asked Questions
What is Hancock's stock symbol?
Hancock trades on the NASDAQ under the ticker symbol "HBHC."
How often does Hancock pay dividends? What is the dividend yield for Hancock?
Hancock declared a quarterly dividend on Tuesday, May 1st. Stockholders of record on Tuesday, June 5th will be given a dividend of $0.24 per share on Friday, June 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date of this dividend is Monday, June 4th. View Hancock's Dividend History.
How were Hancock's earnings last quarter?
Hancock Holding (NASDAQ:HBHC) released its quarterly earnings results on Tuesday, April, 17th. The financial services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.02. The financial services provider had revenue of $271.92 million for the quarter, compared to analysts' expectations of $281.70 million. Hancock had a net margin of 19.76% and a return on equity of 9.70%. During the same quarter in the previous year, the business earned $0.57 earnings per share. View Hancock's Earnings History.
What price target have analysts set for HBHC?
6 brokerages have issued 12-month target prices for Hancock's stock. Their forecasts range from $52.00 to $61.00. On average, they expect Hancock's share price to reach $56.1667 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Ratings for Hancock.
What is the consensus analysts' recommendation for Hancock?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hancock in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Hancock's key competitors?
Some companies that are related to Hancock include SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB), Associated Banc (ASB), Popular (BPOP), Texas Capital Bancshares (TCBI), IBERIABANK (IBKC), Chemical Financial (CHFC) and Home Bancshares (HOMB).
Who are Hancock's key executives?
Hancock's management team includes the folowing people:
- Mr. John M. Hairston, Pres, CEO & Director (Age 54)
- Michael M. Achary, Sr. EVP & CFO (Age 58)
- Mr. D. Shane Loper, Sr. EVP & Chief Operating Officer (Age 52)
- Mr. Joseph S. Exnicios, Sr. Exec. VP (Age 62)
- Mr. Cecil W. Knight Jr., Exec. VP & Chief Banking Officer (Age 54)
Has Hancock been receiving favorable news coverage?
News stories about HBHC stock have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hancock earned a daily sentiment score of 0.13 on Accern's scale. They also gave news articles about the financial services provider an impact score of 46.45 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
How do I buy shares of Hancock?
Shares of HBHC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Hancock's stock price today?
One share of HBHC stock can currently be purchased for approximately $51.85.
How big of a company is Hancock?
Hancock has a market capitalization of $4.41 billion and generates $1.17 billion in revenue each year. The financial services provider earns $215.63 million in net income (profit) each year or $2.92 on an earnings per share basis. Hancock employs 3,887 workers across the globe.
How can I contact Hancock?
Hancock's mailing address is One Hancock Plaza 2510 14th Street, GULFPORT MS, 39501. The financial services provider can be reached via phone at 228-868-4727 or via email at [email protected]
MarketBeat Community Rating for Hancock (NASDAQ HBHC)
MarketBeat's community ratings are surveys of what our community members think about Hancock and other stocks. Vote "Outperform" if you believe HBHC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HBHC will underperform the S&P 500 over the long term. You may vote once every thirty days.
