HANCOCK WHITNEY CORP (HWC)
US4101201097 - Common Stock
HWC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 412 industry peers in the Banks industry. While HWC is still in line with the averages on profitability rating, there are concerns on its financial health. HWC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
HWC had positive earnings in the past year.
In the past year HWC had a positive cash flow from operations.
Of the past 5 years HWC 4 years were profitable.
Each year in the past 5 years HWC had a positive operating cash flow.
1.2 Ratios
HWC's Return On Assets of 1.10% is fine compared to the rest of the industry. HWC outperforms 70.39% of its industry peers.
HWC has a Return On Equity of 10.31%. This is in the better half of the industry: HWC outperforms 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 10.31% | ||
| ROIC | N/A |
ROA(3y)1.27%
ROA(5y)0.94%
ROE(3y)12.68%
ROE(5y)9.19%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HWC's Profit Margin of 28.29% is fine compared to the rest of the industry. HWC outperforms 70.87% of its industry peers.
HWC's Profit Margin has been stable in the last couple of years.
HWC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 28.29% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y0.01%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HWC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for HWC has been increased compared to 1 year ago.
Compared to 5 years ago, HWC has more shares outstanding
Compared to 1 year ago, HWC has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of HWC is 1.47, which is an excellent value as it means it would take HWC, only 1.47 years of fcf income to pay off all of its debts.
HWC has a better Debt to FCF ratio (1.47) than 67.23% of its industry peers.
HWC has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HWC (0.18) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.47 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.88%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for HWC have decreased strongly by -24.75% in the last year.
The Earnings Per Share has been growing slightly by 2.43% on average over the past years.
Looking at the last year, HWC shows a small growth in Revenue. The Revenue has grown by 0.33% in the last year.
The Revenue has been growing slightly by 4.10% on average over the past years.
EPS 1Y (TTM)-24.75%
EPS 3Y5.43%
EPS 5Y2.43%
EPS growth Q2Q-64.85%
Revenue 1Y (TTM)0.33%
Revenue growth 3Y3.04%
Revenue growth 5Y4.1%
Revenue growth Q2Q-17.23%
3.2 Future
HWC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.65% yearly.
Based on estimates for the next years, HWC will show a small growth in Revenue. The Revenue will grow by 1.82% on average per year.
EPS Next Y8%
EPS Next 2Y5.99%
EPS Next 3Y3.65%
EPS Next 5YN/A
Revenue Next Year1.6%
Revenue Next 2Y2.57%
Revenue Next 3Y1.82%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.60, the valuation of HWC can be described as reasonable.
HWC's Price/Earnings is on the same level as the industry average.
HWC is valuated cheaply when we compare the Price/Earnings ratio to 28.06, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.82, the valuation of HWC can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HWC indicates a somewhat cheap valuation: HWC is cheaper than 65.05% of the companies listed in the same industry.
HWC is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.6 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
HWC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.82 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
HWC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.32
PEG (5Y)4.36
EPS Next 2Y5.99%
EPS Next 3Y3.65%
5. Dividend
5.1 Amount
HWC has a Yearly Dividend Yield of 2.60%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.84, HWC is paying slightly less dividend.
HWC's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
5.2 History
The dividend of HWC has a limited annual growth rate of 3.19%.
HWC has been paying a dividend for at least 10 years, so it has a reliable track record.
HWC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.19%
Div Incr Years1
Div Non Decr Years19
5.3 Sustainability
HWC pays out 26.70% of its income as dividend. This is a sustainable payout ratio.
The dividend of HWC is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP26.7%
EPS Next 2Y5.99%
EPS Next 3Y3.65%
HANCOCK WHITNEY CORP
NASDAQ:HWC (5/3/2024, 9:39:06 AM)
47.72
+0.54 (+1.14%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.15B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.6 | ||
| Fwd PE | 9.82 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.32
PEG (5Y)4.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 10.31% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 28.29% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-24.75%
EPS 3Y5.43%
EPS 5Y
EPS growth Q2Q
EPS Next Y8%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.33%
Revenue growth 3Y3.04%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y