8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

________________

FORM 8-K

________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): July 18, 2023

________________

HANCOCK WHITNEY CORPORATION
(Exact Name of Registrant as Specified in Charter) ________________
Mississippi	001-36872			64-0693170
(State or Other Jurisdiction of Incorporation)	(Commission File Number)			(IRS Employer Identification No.)
Hancock Whitney Plaza 2510 14th Street Gulfport, Mississippi (Address of Principal Executive Offices)			39501 (Zip Code)
Registrant’s telephone number, including area code: (228) 868-4000
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class COMMON STOCK, $3.33 PAR VALUE 6.25% SUBORDINATED NOTES		Trading Symbol HWC HWCPZ		Name of Exchange on Which Registered The NASDAQ Stock Market, LLC The NASDAQ Stock Market, LLC
__________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17 CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2)

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

Item 2.02 Results of Operations and Financial Condition.

On July 18, 2023, Hancock Whitney Corporation (the “Company”) announced financial results for its second quarter ended June 30, 2023. A copy of this press release and the accompanying financial statements are attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 2.02. The press release is available on the Company’s website.

The information provided in Item 2.02 of this report, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

Item 7.01 Regulation FD Disclosure.

On July 18, 2023 at 4:00 p.m. (Central Time), the Company intends to hold an investor call and webcast to discuss financial results for the quarter ended June 30, 2023, including the press release. Additional presentation materials relating to such call are furnished hereto as Exhibit 99.2 and are, along with the press release and financial statements, incorporated herein by reference. All information in the press release and presentation materials speak as of the date thereof and the Company does not assume any obligation to update said information in the future. In addition, the Company disclaims any inferences regarding the materiality of such information which otherwise may arise as a result of it furnishing such information under Item 2.02 or Item 7.01 of this Form 8-K.

In accordance with the General Instruction B.2 of Form 8-K, the information presented herein pursuant to Item 2.02, “Results of Operations,” and Item 7.01, “Regulation FD,” shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall the information be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
99.1	Press Release dated July 18, 2023 for Quarter Ended June 30, 2023.
99.2	Presentation Slides dated July 18, 2023 (furnished with the Commission as part of this Form 8-K).
104	Cover Page Interactive Data File (embedded within the inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		HANCOCK WHITNEY CORPORATION
July 18, 2023	By:	/s/ Michael M. Achary
		Michael M. Achary
		Chief Financial Officer

EX-99.1

Exhibit 99.1

  FOR IMMEDIATE RELEASE July 18, 2023

For more information

Kathryn Shrout Mistich, VP, Investor Relations Manager

504.539.7836 or kathryn.mistich@hancockwhitney.com

Hancock Whitney reports second quarter 2023 EPS of $1.35

GULFPORT, Miss. (July 18, 2023) — Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the second quarter of 2023. Net income for the second quarter of 2023 totaled $117.8 million, or $1.35 per diluted common share (EPS), compared to $126.5 million, or $1.45 per diluted common share, in the first quarter of 2023. The company reported net income for the second quarter of 2022 of $121.4 million, or $1.38 per diluted common share.

Second Quarter 2023 Highlights

•Pre-provision net revenue (PPNR) totaled $157.8 million, compared to $167.0 million at 1Q23

•Deposits increased $430.4 million, or 6% LQA

•Loan growth of $385.4 million, or 7% LQA

•Criticized commercial loans and nonaccrual loans remained at relatively low levels

•ACL coverage remained solid at 1.45%

•NIM 3.30%, compared to 3.55% in 1Q23

•CET1 ratio estimated at 11.83%, up 23 bps linked-quarter; TCE ratio 7.50%, up 34 bps linked-quarter

•Efficiency ratio 55.33%

“The second quarter of 2023 was as expected given continued challenges and dynamics the industry is facing in this operating environment,” said John M. Hairston, President & CEO. “Our balance sheet remained solid with loan growth funded by both client deposit growth and runoff from the securities portfolio. The DDA remix continues to drive higher deposit betas for the quarter, and, in turn, higher than expected NIM compression. Credit metrics remain at relatively low levels, fees improved and expenses were up as we implement new technology. We have been and continue to be cognizant of the macroeconomic environment and trends that have been impacting our industry. As such, we’ve maintained a robust ACL, solid capital, and multiple sources of liquidity. Despite the headwinds we are facing, we remain confident in our ability to remain strong and stable, as we have for 124 years.”

Loans

Total loans were $23.8 billion at June 30, 2023, up $385.4 million, or 2%, from March 31, 2023. One-time close products drove the increase in mortgage loans, which converted from construction and development loans to permanent mortgages at construction completion, as well as growth across various industries and sectors.

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Average loans totaled $23.7 billion for the second quarter of 2023, up $568.5 million, or 2%, linked-quarter. Management expects 2023 period-end loan growth to be in the range of low- to mid-single digits compared to year-end 2022.

Deposits

Total deposits at June 30, 2023 were $30.0 billion, up $430.4 million, or 1%, from March 31, 2023. The growth in deposits was primarily due to an increase of interest-bearing time deposits resulting from a shift from DDA deposits and lower cost deposits to higher competitive-rate CD products and the issuance of brokered deposits during May 2023. Offsetting this increase in time deposits was a decrease in noninterest-bearing DDA, a decrease in interest-bearing money market and savings due to a shift to higher rate products, and a decrease in public fund deposits primarily related to typical seasonal runoff.

DDAs totaled $12.2 billion at June 30, 2023, down $688.2 million, or 5%, from March 31, 2023 and comprised 40% of total period-end deposits. Interest-bearing transaction and savings deposits totaled $10.4 billion at the end of the second quarter of 2023, a decrease of $221.6 million, or 2%, linked-quarter. Compared to March 31, 2023, retail time deposits of $3.3 billion were up $911.0 million, or 37%, and brokered deposits of $1.2 billion were up $590.0 million. Interest-bearing public fund deposits decreased $160.8 million, or 5%, linked-quarter, ending June 30, 2023 at $2.9 billion.

Average deposits for the second quarter of 2023 were $29.4 billion, up $580.0 million, or 2%, linked-quarter. Management expects 2023 period-end deposit level growth to be flat to low single digits compared to year-end 2022.

Asset Quality

The total allowance for credit losses (ACL) was $345.7 million at June 30, 2023, up $4.3 million, or 1%, from March 31, 2023. During the second quarter of 2023, the company recorded a provision for credit losses of $7.6 million, compared to a provision of $6.0 million in the first quarter of 2023. There were $3.4 million of net charge-offs in the second quarter of 2023, or 0.06% of average total loans on an annualized basis, compared to net charge-offs of $5.7 million, or 0.10% of average total loans in the first quarter of 2023. The ratio of ACL to period-end loans was 1.45% at June 30, 2023, down slightly from 1.46% at March 31, 2023.

Criticized commercial loans and nonaccrual loans remained at relatively low levels at June 30, 2023. Criticized commercial loans totaled $302.2 million, or 1.62% of total commercial loans, at June 30, 2023, compared to $295.5 million, or 1.59% of total commercial loans at March 31, 2023. Nonaccrual loans totaled $78.2 million, or 0.33% of total loans, at June 30, 2023, compared to $54.3 million, or 0.23% of total loans, at March 31, 2023. ORE and foreclosed assets were $2.2 million, up $0.2 million, or 10%, linked-quarter.

Net Interest Income and Net Interest Margin (NIM)

Net interest income (TE) for the second quarter of 2023 was $276.7 million, a decrease of $10.8 million, or 4%, from the first quarter of 2023. The net interest margin (NIM) (TE) was 3.30% in the second quarter of 2023, down 25 bps linked-quarter. A change in the mix of earning assets and yield led to a 23 basis point improvement in the NIM that was offset by the impact of deposit remix (-38 bps), short-term borrowing costs (-6 bps) and the impact of excess liquidity (-4 bps). Additional NIM detail and guidance is included in the second quarter of 2023 earnings investor deck.

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Average earning assets were $33.6 billion for the second quarter of 2023, up $866.0 million, or 3%, from the first quarter of 2023.

Noninterest Income

Noninterest income totaled $83.2 million for the second quarter of 2023, up $2.9 million, or 4%, from the first quarter of 2023.

Service charges on deposits were up $0.9 million, or 4%, from the first quarter of 2023. The increase was primarily related to commercial net analysis fees.

Bank card and ATM fees were up $0.3 million, or 1%, from the first quarter of 2023.Investment and annuity income and insurance fees were down $0.6 million, or 7%, linked-quarter, related to lower annuity and corporate underwriting fees. Trust fees were up $0.6 million, or 4% linked-quarter, related to seasonal tax accounting fees.

Fees from secondary mortgage operations totaled $2.3 million for the second quarter of 2023, up $0.1 million, or 6%, linked-quarter.

Other noninterest income totaled $12.8 million, up $1.6 million, or 14%, from the first quarter of 2023. The increase in other noninterest income was primarily related to increased FHLB dividends and credit-related fees, compared to the first quarter of 2023.

Noninterest Expense & Taxes

Noninterest expense totaled $202.1 million, up $1.3 million, or 1% linked-quarter.

Personnel expense totaled $114.9 million in the second quarter of 2023, down $0.5 million, or less than 1%, linked-quarter.The slight decline was primarily related to lower incentive and benefit costs, partly offset by merit pay increases. Net occupancy and equipment expense totaled $17.8 million in the second quarter of 2023, up $0.8 million, or 5%, from the first quarter of 2023, related to higher property insurance and annual maintenance costs. Amortization of intangibles totaled $3.0 million for the second quarter of 2023, down $0.2 million, or 5%, linked-quarter.

ORE and other foreclosed assets gains exceeded expenses by $0.3 million in the second quarter of 2023, compared to an expense of $0.2 million in the first quarter of 2023.

Other operating expense totaled $66.8 million in the second quarter of 2023, up $1.5 million, or 2%, linked-quarter. The increase in other expenses was primarily due to higher regulatory fees, including the quarterly FDIC assessment, and an increase in data processing expenses.

The effective income tax rate for second quarter 2023 was 20.1%.

Capital

Common stockholders’ equity at June 30, 2023 totaled $3.6 billion, up $23.2 million, or 1%, from March 31, 2023. The tangible common equity (TCE) ratio was 7.50%, up 34 bps from March 31, 2023. The company’s CET1 ratio is estimated to be 11.83% at June 30, 2023, up 23 bps linked-quarter. The company’s share buyback authorization (allowing the repurchase of up to 4,297,000 shares of the company’s outstanding common stock), is set to expire on December 31, 2024. No shares were repurchased in the second quarter of 2023.

Conference Call and Slide Presentation

Management will host a conference call for analysts and investors at 4:00 p.m. Central Time on Tuesday, July 18, 2023 to review second quarter 2023 results. A live listen-only webcast of the

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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 first quarter results are also posted as part of the webcast link. To participate in the Q&A portion of the call, dial 888-210-2654 or 646-960-0278, access code 6914431.

An audio archive of the conference call will be available under the Investor Relations section of our website. A replay of the call will also be available through July 25, 2023 by dialing 800-770-2030 or 647-362-9199, access code 6914431.

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 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. These non-GAAP measures may reference the concept “operating.” We use the term “operating” to describe a financial measure that excludes income or expense considered to be nonoperating in nature. Items identified as nonoperating are those that, when excluded from a reported financial measure, provide management or the reader with a measure that may be more indicative of forward-looking trends in our business.

We define Operating Pre-Provision Net Revenue as total revenue (te) less noninterest expense, excluding nonoperating items. Management believes that operating 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.

Important Cautionary Statement about Forward-Looking Statements

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This news 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, general economic business conditions in our local markets, the impacts related to Russia’s military action in Ukraine, Federal Reserve action with respect to interest rates, the adequacy of our enterprise risk management framework, potential claims, damages, penalties, fines and reputational damage resulting from pending or future litigation, regulatory proceedings and enforcement actions, as well as the impact of recent negative developments affecting the banking industry and the resulting media coverage; the potential impact of future business combinations on our performance and financial condition, including our ability to successfully integrate the businesses, success of revenue-generating and cost reduction initiatives, 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, the adequacy of our internal controls over financial reporting, the financial impact of regulatory requirements and tax reform legislation, the impact of reference rate reform, deposit trends, credit quality trends, the impact of natural or man-made disasters, the impact of current and future economic conditions, including the effects of declines in the real estate market, high unemployment, inflationary pressures, elevated interest rates and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing, net interest margin trends, future expense levels, future profitability, improvements in expense to revenue (efficiency) ratio, purchase accounting impacts, accretion levels and expected returns.

In addition, 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, 2022, Part II, “Item 1A. Risk Factors” in our Quarterly Report on Form 10-Q for the period ended March 31, 2023, and in other periodic reports that we file with the SEC.

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HANCOCK WHITNEY CORPORATION
FINANCIAL HIGHLIGHTS
(Unaudited)
	Three Months Ended									Six Months Ended
(dollars and common share data in thousands, except per share amounts)	6/30/2023			3/31/2023			6/30/2022			6/30/2023			6/30/2022
NET INCOME
Net interest income	$	273,911		$	284,994		$	245,732		$	558,905		$	474,195
Net interest income (TE) (a)		276,748			287,578			248,317			564,326			479,325
Provision for credit losses		7,633			6,020			(9,761	)		13,653			(32,288	)
Noninterest income		83,225			80,330			85,653			163,555			169,085
Noninterest expense		202,138			200,884			187,097			403,022			367,036
Income tax expense		29,571			31,953			32,614			61,524			63,619
Net income	$	117,794		$	126,467		$	121,435		$	244,261		$	244,913
PERIOD-END BALANCE SHEET DATA
Loans	$	23,789,886		$	23,404,523		$	21,846,068		$	23,789,886		$	21,846,068
Securities		8,195,679			8,390,684			8,531,393			8,195,679			8,531,393
Earning assets		32,715,630			34,106,792			31,292,910			32,715,630			31,292,910
Total assets		36,210,148			37,547,083			34,637,525			36,210,148			34,637,525
Noninterest-bearing deposits		12,171,817			12,860,027			14,676,342			12,171,817			14,676,342
Total deposits		30,043,501			29,613,070			29,866,432			30,043,501			29,866,432
Common stockholders' equity		3,554,476			3,531,232			3,349,723			3,554,476			3,349,723
AVERAGE BALANCE SHEET DATA
Loans	$	23,654,994		$	23,086,529		$	21,657,528		$	23,372,331		$	21,391,262
Securities (b)		9,007,821			9,137,034			8,979,364			9,072,071			8,834,367
Earning assets		33,619,829			32,753,781			32,780,813			33,189,197			32,990,206
Total assets		36,205,396			35,159,050			35,380,247			35,685,113			35,690,303
Noninterest-bearing deposits		12,153,453			12,963,133			14,655,800			12,556,056			14,510,370
Total deposits		29,372,899			28,792,851			29,979,940			29,084,477			30,004,728
Common stockholders' equity		3,567,260			3,412,813			3,383,789			3,490,463			3,494,809
COMMON SHARE DATA
Earnings per share - diluted	$	1.35		$	1.45		$	1.38		$	2.80		$	2.78
Cash dividends per share		0.30			0.30			0.27			0.60			0.54
Book value per share (period-end)		41.27			41.03			39.08			41.27			39.08
Tangible book value per share (period-end)		30.76			30.47			28.37			30.76			28.37
Weighted average number of shares - diluted		86,370			86,282			86,354			86,350			86,654
Period-end number of shares		86,123			86,066			85,714			86,123			85,714
Market data
High sales price	$	43.73		$	54.38		$	53.15		$	54.38		$	59.82
Low sales price		31.02			34.42			42.61			31.02			42.61
Period-end closing price		38.38			36.40			44.33			38.38			44.33
Trading volume		38,854			39,030			27,493			77,885			56,498
PERFORMANCE RATIOS
Return on average assets		1.30	%		1.46	%		1.38	%		1.38	%		1.38	%
Return on average common equity		13.24	%		15.03	%		14.39	%		14.11	%		14.13	%
Return on average tangible common equity		17.76	%		20.49	%		19.77	%		19.08	%		19.20	%
Tangible common equity ratio (c)		7.50	%		7.16	%		7.21	%		7.50	%		7.21	%
Net interest margin (TE)		3.30	%		3.55	%		3.04	%		3.42	%		2.92	%
Noninterest income as a percentage of total revenue (TE)		23.12	%		21.83	%		25.65	%		22.47	%		26.08	%
Efficiency ratio (d)		55.33	%		53.76	%		54.95	%		54.54	%		55.47	%
Average loan/deposit ratio		80.53	%		80.18	%		72.24	%		80.36	%		71.29	%
Allowance for loan losses as a percentage of period-end loans		1.32	%		1.32	%		1.41	%		1.32	%		1.41	%
Allowance for credit losses as a percentage of period-end loans (e)		1.45	%		1.46	%		1.55	%		1.45	%		1.55	%
Annualized net charge-offs to average loans		0.06	%		0.10	%		(0.01	)%		0.08	%		(0.00	)%
Allowance for loan losses as a % of nonaccrual loans		402.07	%		569.31	%		809.58	%		402.07	%		809.58	%
FTE headcount		3,705			3,679			3,594			3,705			3,594
(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 nonoperating items.
(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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HANCOCK WHITNEY CORPORATION
QUARTERLY FINANCIAL HIGHLIGHTS
(Unaudited)
	Three Months Ended
(dollars and common share data in thousands, except per share amounts)	6/30/2023			3/31/2023			12/31/2022			9/30/2022			6/30/2022
NET INCOME
Net interest income	$	273,911		$	284,994		$	295,501		$	280,307		$	245,732
Net interest income (TE) (a)		276,748			287,578			298,116			282,910			248,317
Provision for credit losses		7,633			6,020			2,487			1,402			(9,761	)
Noninterest income		83,225			80,330			77,064			85,337			85,653
Noninterest expense		202,138			200,884			190,154			193,502			187,097
Income tax expense		29,571			31,953			36,137			35,351			32,614
Net income	$	117,794		$	126,467		$	143,787		$	135,389		$	121,435
PERIOD-END BALANCE SHEET DATA
Loans	$	23,789,886		$	23,404,523		$	23,114,046		$	22,585,585		$	21,846,068
Securities		8,195,679			8,390,684			8,408,536			8,333,191			8,531,393
Earning assets		32,715,630			34,106,792			31,873,027			31,213,449			31,292,910
Total assets		36,210,148			37,547,083			35,183,825			34,567,242			34,637,525
Noninterest-bearing deposits		12,171,817			12,860,027			13,645,113			14,290,817			14,676,342
Total deposits		30,043,501			29,613,070			29,070,349			28,951,274			29,866,432
Common stockholders' equity		3,554,476			3,531,232			3,342,628			3,180,439			3,349,723
AVERAGE BALANCE SHEET DATA
Loans	$	23,654,994		$	23,086,529		$	22,723,248		$	22,138,709		$	21,657,528
Securities (b)		9,007,821			9,137,034			9,200,511			9,177,460			8,979,364
Earning assets		33,619,829			32,753,781			32,244,681			31,783,801			32,780,813
Total assets		36,205,396			35,159,050			34,498,915			34,377,773			35,380,247
Noninterest-bearing deposits		12,153,453			12,963,133			13,854,625			14,323,646			14,655,800
Total deposits		29,372,899			28,792,851			28,816,338			29,180,626			29,979,940
Common stockholders' equity		3,567,260			3,412,813			3,228,667			3,405,463			3,383,789
COMMON SHARE DATA
Earnings per share - diluted	$	1.35		$	1.45		$	1.65		$	1.55		$	1.38
Cash dividends per share		0.30			0.30			0.27			0.27			0.27
Book value per share (period-end)		41.27			41.03			38.89			37.12			39.08
Tangible book value per share (period-end)		30.76			30.47			28.29			26.44			28.37
Weighted average number of shares - diluted		86,370			86,282			86,249			86,020			86,354
Period-end number of shares		86,123			86,066			85,941			85,686			85,714
Market data
High sales price	$	43.73		$	54.38		$	57.00		$	52.65		$	53.15
Low sales price		31.02			34.42			45.64			41.62			42.61
Period-end closing price		38.38			36.40			48.39			45.81			44.33
Trading volume		38,854			39,030			29,996			24,976			27,493
PERFORMANCE RATIOS
Return on average assets		1.30	%		1.46	%		1.65	%		1.56	%		1.38	%
Return on average common equity		13.24	%		15.03	%		17.67	%		15.77	%		14.39	%
Return on average tangible common equity		17.76	%		20.49	%		24.64	%		21.58	%		19.77	%
Tangible common equity ratio (c)		7.50	%		7.16	%		7.09	%		6.73	%		7.21	%
Net interest margin (TE)		3.30	%		3.55	%		3.68	%		3.54	%		3.04	%
Noninterest income as a percentage of total revenue (TE)		23.12	%		21.83	%		20.54	%		23.17	%		25.65	%
Efficiency ratio (d)		55.33	%		53.76	%		49.81	%		51.62	%		54.95	%
Average loan/deposit ratio		80.53	%		80.18	%		78.86	%		75.87	%		72.24	%
Allowance for loan losses as a percentage of period-end loans		1.32	%		1.32	%		1.33	%		1.36	%		1.41	%
Allowance for credit losses as a percentage of period-end loans (e)		1.45	%		1.46	%		1.48	%		1.50	%		1.55	%
Annualized net charge-offs to average loans		0.06	%		0.10	%		0.02	%		0.02	%		(0.01	)%
Allowance for loan losses as a % of nonaccrual loans		402.07	%		569.31	%		789.38	%		769.00	%		809.58	%
FTE headcount		3,705			3,679			3,627			3,607			3,594
(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 nonoperating items.
(e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments.

7

HANCOCK WHITNEY CORPORATION
INCOME STATEMENT
(Unaudited)
	Three Months Ended								Six Months Ended
(dollars in thousands, except per share data)	6/30/2023			3/31/2023		6/30/2022			6/30/2023			6/30/2022
NET INCOME
Interest income	$	405,273		$	372,603	$	254,864		$	777,876		$	491,650
Interest income (TE) (f)		408,110			375,187		257,449			783,297			496,780
Interest expense		131,362			87,609		9,132			218,971			17,455
Net interest income (TE)		276,748			287,578		248,317			564,326			479,325
Provision for credit losses		7,633			6,020		(9,761	)		13,653			(32,288	)
Noninterest income		83,225			80,330		85,653			163,555			169,085
Noninterest expense		202,138			200,884		187,097			403,022			367,036
Income before income taxes		147,365			158,420		154,049			305,785			308,532
Income tax expense		29,571			31,953		32,614			61,524			63,619
Net income	$	117,794		$	126,467	$	121,435		$	244,261		$	244,913
NONINTEREST INCOME
Service charges on deposit accounts	$	21,491		$	20,622	$	20,495		$	42,113		$	42,169
Trust fees		17,393			16,734		17,309			34,127			32,588
Bank card and ATM fees		20,982			20,721		21,870			41,703			42,266
Investment and annuity fees and insurance commissions		8,241			8,867		8,001			17,108			15,428
Secondary mortgage market operations		2,299			2,168		2,990			4,467			6,736
Other income		12,819			11,218		14,988			24,037			29,898
Total noninterest income	$	83,225		$	80,330	$	85,653		$	163,555		$	169,085
NONINTEREST EXPENSE
Personnel expense	$	114,864		$	115,323	$	115,170		$	230,187		$	222,566
Net occupancy and equipment expense		17,750			16,942		16,928			34,692			33,475
Other real estate and foreclosed assets (income) expense, net		(282	)		155		(88	)		(127	)		(1,852	)
Other expense		66,849			65,350		51,501			132,199			105,513
Amortization of intangibles		2,957			3,114		3,586			6,071			7,334
Total noninterest expense	$	202,138		$	200,884	$	187,097		$	403,022		$	367,036
COMMON SHARE DATA
Earnings per share:
Basic	$	1.35		$	1.45	$	1.39		$	2.81		$	2.79
Diluted		1.35			1.45		1.38			2.80			2.78
(f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.

8

HANCOCK WHITNEY CORPORATION
INCOME STATEMENT
(Unaudited)
	Three Months Ended
(in thousands, except per share data)	6/30/2023			3/31/2023		12/31/2022			9/30/2022			6/30/2022
NET INCOME
Interest income	$	405,273		$	372,603	$	345,676		$	299,737		$	254,864
Interest income (TE) (f)		408,110			375,187		348,291			302,340			257,449
Interest expense		131,362			87,609		50,175			19,430			9,132
Net interest income (TE)		276,748			287,578		298,116			282,910			248,317
Provision for credit losses		7,633			6,020		2,487			1,402			(9,761	)
Noninterest income		83,225			80,330		77,064			85,337			85,653
Noninterest expense		202,138			200,884		190,154			193,502			187,097
Income before income taxes		147,365			158,420		179,924			170,740			154,049
Income tax expense		29,571			31,953		36,137			35,351			32,614
Net income	$	117,794		$	126,467	$	143,787		$	135,389		$	121,435
NONINTEREST INCOME
Service charges on deposit accounts	$	21,491		$	20,622	$	22,222		$	23,272		$	20,495
Trust fees		17,393			16,734		16,496			16,048			17,309
Bank card and ATM fees		20,982			20,721		20,913			21,412			21,870
Investment and annuity fees and insurance commissions		8,241			8,867		6,832			6,492			8,001
Secondary mortgage market operations		2,299			2,168		1,504			3,284			2,990
Other income		12,819			11,218		9,097			14,829			14,988
Total noninterest income	$	83,225		$	80,330	$	77,064		$	85,337		$	85,653
NONINTEREST EXPENSE
Personnel expense	$	114,864		$	115,323	$	119,147		$	118,922		$	115,170
Net occupancy and equipment expense		17,750			16,942		16,927			16,938			16,928
Other real estate and foreclosed assets (income) expense, net		(282	)		155		(773	)		(1,782	)		(88	)
Other expense		66,849			65,350		51,582			55,996			51,501
Amortization of intangibles		2,957			3,114		3,271			3,428			3,586
Total noninterest expense	$	202,138		$	200,884	$	190,154		$	193,502		$	187,097
COMMON SHARE DATA
Earnings per share:
Basic	$	1.35		$	1.45	$	1.65		$	1.56		$	1.39
Diluted		1.35			1.45		1.65			1.55			1.38
(f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.

9

HANCOCK WHITNEY CORPORATION
PERIOD-END BALANCE SHEET
(Unaudited)
(dollars in thousands)	6/30/2023			3/31/2023			12/31/2022			9/30/2022			6/30/2022
ASSETS
Commercial non-real estate loans	$	10,113,932		$	10,013,482		$	10,146,453		$	9,905,427		$	9,645,092
Commercial real estate - owner occupied loans		3,058,829			3,050,748			3,033,058			3,033,133			2,964,474
Total commercial and industrial loans		13,172,761			13,064,230			13,179,511			12,938,560			12,609,566
Commercial real estate - income producing loans		3,762,428			3,758,455			3,560,991			3,686,540			3,641,243
Construction and land development loans		1,768,252			1,726,916			1,703,592			1,541,257			1,408,727
Residential mortgage loans		3,581,514			3,329,793			3,092,605			2,843,723			2,615,807
Consumer loans		1,504,931			1,525,129			1,577,347			1,575,505			1,570,725
Total loans		23,789,886			23,404,523			23,114,046			22,585,585			21,846,068
Loans held for sale		55,902			23,436			26,385			33,008			44,253
Securities		8,195,679			8,390,684			8,408,536			8,333,191			8,531,393
Short-term investments		674,163			2,288,149			324,060			261,665			871,196
Earning assets		32,715,630			34,106,792			31,873,027			31,213,449			31,292,910
Allowance for loan losses		(314,496	)		(309,385	)		(307,789	)		(306,116	)		(308,175	)
Goodwill and other intangible assets		905,575			908,533			911,646			914,917			918,345
Other assets		2,903,439			2,841,143			2,706,941			2,744,992			2,734,445
Total assets	$	36,210,148		$	37,547,083		$	35,183,825		$	34,567,242		$	34,637,525
LIABILITIES
Noninterest-bearing deposits	$	12,171,817		$	12,860,027		$	13,645,113		$	14,290,817		$	14,676,342
Interest-bearing transaction and savings deposits		10,438,820			10,660,420			10,726,686			10,902,399			11,334,253
Interest-bearing public fund deposits		2,925,432			3,086,209			3,244,225			2,796,363			2,883,664
Time deposits		4,507,432			3,006,414			1,454,325			961,695			972,173
Total interest-bearing deposits		17,871,684			16,753,043			15,425,236			14,660,457			15,190,090
Total deposits		30,043,501			29,613,070			29,070,349			28,951,274			29,866,432
Short-term borrowings		1,629,538			3,519,497			1,871,271			1,542,981			630,011
Long-term debt		236,241			242,115			242,077			236,410			240,091
Other liabilities		746,392			641,169			657,500			656,138			551,268
Total liabilities		32,655,672			34,015,851			31,841,197			31,386,803			31,287,802
COMMON STOCKHOLDERS' EQUITY
Common stock net of treasury and capital surplus		2,037,258			2,030,136			2,026,397			2,024,960			2,020,411
Retained earnings		2,280,004			2,188,561			2,088,413			1,968,260			1,856,489
Accumulated other comprehensive (loss)		(762,786	)		(687,465	)		(772,182	)		(812,781	)		(527,177	)
Total common stockholders' equity		3,554,476			3,531,232			3,342,628			3,180,439			3,349,723
Total liabilities & stockholders' equity	$	36,210,148		$	37,547,083		$	35,183,825		$	34,567,242		$	34,637,525
CAPITAL RATIOS
Tangible common equity	$	2,648,901		$	2,622,699		$	2,430,982		$	2,265,522		$	2,431,378
Tier 1 capital (g)		3,470,875			3,369,351			3,279,419			3,154,419			3,034,240
Common equity as a percentage of total assets		9.82	%		9.40	%		9.50	%		9.20	%		9.67	%
Tangible common equity ratio		7.50	%		7.16	%		7.09	%		6.73	%		7.21	%
Leverage (Tier 1) ratio (g)		9.64	%		9.63	%		9.53	%		9.27	%		8.68	%
Common equity tier 1 (CET1) ratio (g)		11.83	%		11.60	%		11.41	%		11.10	%		11.08	%
Tier 1 risk-based capital ratio (g)		11.83	%		11.60	%		11.41	%		11.10	%		11.08	%
Total risk-based capital ratio (g)		13.44	%		13.21	%		12.97	%		12.67	%		12.70	%
(g) Estimated for most recent period-end. Regulatory capital ratios reflect the election to use the five-year transition rules for the adoption of ASC 326, commonly referred to as Current Expected Credit Loss, or CECL.

10

HANCOCK WHITNEY CORPORATION
AVERAGE BALANCE SHEET
(Unaudited)
	Three Months Ended									Six Months Ended
(in thousands)	6/30/2023			3/31/2023			6/30/2022			6/30/2023			6/30/2022
ASSETS
Commercial non-real estate loans	$	9,955,499		$	9,940,138		$	9,718,550		$	9,947,860		$	9,608,771
Commercial real estate - owner occupied loans		3,099,326			3,044,495			2,915,528			3,072,140			2,891,525
Total commercial and industrial loans		13,054,825			12,984,633			12,634,078			13,020,000			12,500,296
Commercial real estate - income producing loans		3,860,409			3,585,108			3,592,220			3,723,441			3,551,811
Construction and land development loans		1,755,580			1,752,448			1,335,755			1,754,023			1,289,789
Residential mortgage loans		3,469,030			3,214,439			2,534,600			3,342,437			2,488,238
Consumer loans		1,515,150			1,549,901			1,560,875			1,532,430			1,561,128
Total loans		23,654,994			23,086,529			21,657,528			23,372,331			21,391,262
Loans held for sale		25,152			22,922			48,099			24,043			56,140
Securities (h)		9,007,821			9,137,034			8,979,364			9,072,071			8,834,367
Short-term investments		931,862			507,296			2,095,822			720,752			2,708,437
Earning assets		33,619,829			32,753,781			32,780,813			33,189,197			32,990,206
Allowance for loan losses		(311,328	)		(309,479	)		(315,851	)		(310,409	)		(327,056	)
Goodwill and other intangible assets		907,004			910,043			920,080			908,516			921,906
Other assets		1,989,891			1,804,705			1,995,205			1,897,809			2,105,247
Total assets	$	36,205,396		$	35,159,050		$	35,380,247		$	35,685,113		$	35,690,303
LIABILITIES AND COMMON STOCKHOLDERS' EQUITY
Noninterest-bearing deposits	$	12,153,453		$	12,963,133		$	14,655,800		$	12,556,056		$	14,510,370
Interest-bearing transaction and savings deposits		10,478,436			10,650,434			11,412,944			10,563,961			11,418,153
Interest-bearing public fund deposits		2,981,701			3,160,651			2,906,018			3,070,681			3,029,592
Time deposits		3,759,309			2,018,633			1,005,178			2,893,779			1,046,613
Total interest-bearing deposits		17,219,446			15,829,718			15,324,140			16,528,421			15,494,358
Total deposits		29,372,899			28,792,851			29,979,940			29,084,477			30,004,728
Short-term borrowings		2,386,589			2,098,629			1,224,183			2,243,404			1,455,758
Long-term debt		242,004			242,096			240,322			242,050			241,071
Other liabilities		636,644			612,661			552,013			624,719			493,937
Common stockholders' equity		3,567,260			3,412,813			3,383,789			3,490,463			3,494,809
Total liabilities & stockholders' equity	$	36,205,396		$	35,159,050		$	35,380,247		$	35,685,113		$	35,690,303
(h) Average securities does not include unrealized holding gains/losses on available for sale securities.

11

HANCOCK WHITNEY CORPORATION
AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY
(Unaudited)
	Three Months Ended
	6/30/2023							3/31/2023								6/30/2022
(dollars in millions)	Average  Balance		Interest		Rate			Average   Balance		Interest			Rate			Average  Balance		Interest		Rate
AVERAGE EARNING ASSETS
Commercial & real estate loans (TE) (i)	$	18,670.8	$	280.9		6.03	%	$	18,322.2	$	259.1			5.73	%	$	17,562.0	$	165.9		3.79	%
Residential mortgage loans		3,469.0		31.4		3.62	%		3,214.4		28.1			3.49	%		2,534.6		21.1		3.33	%
Consumer loans		1,515.2		30.7		8.14	%		1,549.9		29.2			7.63	%		1,560.9		19.6		5.03	%
Loan fees & late charges		—		—		0.00	%		—		(0.4	)		0.00	%		—		1.9		0.00	%
Total loans (TE) (j) (k)		23,655.0		343.0		5.81	%		23,086.5		316.0			5.54	%		21,657.5		208.5		3.86	%
Loans held for sale		25.1		0.4		5.83	%		22.9		0.3			5.21	%		48.1		0.4		3.69	%
US Treasury and government agency securities		537.4		3.4		2.50	%		541.3		3.4			2.49	%		387.6		1.7		1.79	%
CMOs and mortgage backed securities		7,552.0		43.2		2.29	%		7,668.0		43.3			2.26	%		7,658.2		36.3		1.90	%
Municipals (TE)		894.9		6.7		3.00	%		904.3		6.7			2.98	%		912.4		6.8		2.96	%
Other securities		23.5		0.2		3.51	%		23.5		0.2			3.50	%		21.2		0.2		3.34	%
Total securities (TE) (l)		9,007.8		53.5		2.38	%		9,137.1		53.6			2.35	%		8,979.4		45.0		2.00	%
Total short-term investments		931.9		11.2		4.83	%		507.3		5.3			4.27	%		2,095.8		3.5		0.67	%
Average earning assets yield (TE)	$	33,619.8	$	408.1		4.87	%	$	32,753.8	$	375.2			4.63	%	$	32,780.8	$	257.4		3.15	%
INTEREST-BEARING LIABILITIES
Interest-bearing transaction and savings deposits	$	10,478.4	$	41.3		1.58	%	$	10,650.4	$	27.3			1.04	%	$	11,412.9	$	1.3		0.05	%
Time deposits		3,759.3		36.9		3.93	%		2,018.6		13.4			2.70	%		1,005.2		0.4		0.15	%
Public funds		2,981.7		24.3		3.27	%		3,160.7		23.7			3.04	%		2,906.0		3.3		0.46	%
Total interest-bearing deposits		17,219.4		102.5		2.39	%		15,829.7		64.4			1.65	%		15,324.1		5.0		0.13	%
Short-term borrowings		2,386.6		25.8		4.32	%		2,098.6		20.1			3.88	%		1,224.2		1.0		0.31	%
Long-term debt		242.0		3.1		5.11	%		242.1		3.1			5.11	%		240.3		3.1		5.20	%
Total borrowings		2,628.6		28.9		4.40	%		2,340.7		23.2			4.00	%		1,464.5		4.1		1.12	%
Total interest-bearing liabilities cost		19,848.0		131.4		2.65	%		18,170.4		87.6			1.95	%		16,788.6		9.1		0.22	%
Net interest-free funding sources		13,771.8							14,583.4								15,992.2
Total cost of funds		33,619.8		131.4		1.57	%		32,753.8		87.6			1.08	%		32,780.8		9.1		0.11	%
Net Interest Spread (TE)			$	276.7		2.21	%			$	287.6			2.67	%			$	248.3		2.93	%
Net Interest Margin (TE)	$	33,619.8	$	276.7		3.30	%	$	32,753.8	$	287.6			3.55	%	$	32,780.8	$	248.3		3.04	%
(i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.
(j) Includes nonaccrual loans.
(k) Included in interest income is net purchase accounting accretion of $0.7 million, $0.8 million and $1.2 million for the three months ended June 30, 2023, March 31, 2023, and June 30, 2022, respectively.
(l) Average securities does not include unrealized holding gains/losses on available for sale securities.

12

HANCOCK WHITNEY CORPORATION
AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY
(Unaudited)
	Six Months Ended
	6/30/2023								6/30/2022
(dollars in millions)	Average  Balance		Interest			Rate			Average  Balance		Interest		Rate
AVERAGE EARNING ASSETS
Commercial & real estate loans (TE) (i)	$	18,497.5	$	540.1			5.89	%	$	17,341.9	$	316.3		3.68	%
Residential mortgage loans		3,342.4		59.4			3.56	%		2,488.3		42.1		3.38	%
Consumer loans		1,532.4		59.9			7.88	%		1,561.1		37.9		4.90	%
Loan fees & late charges		—		(0.4	)		0.00	%		—		6.3		0.00	%
Total loans (TE) (j) (k)		23,372.3		659.0			5.68	%		21,391.3		402.6		3.79	%
Loans held for sale		24.0		0.7			5.53	%		56.1		1.1		4.07	%
US Treasury and government agency securities		539.3		6.7			2.49	%		392.7		3.4		1.71	%
CMOs and mortgage backed securities		7,609.7		86.5			2.27	%		7,506.2		70.8		1.89	%
Municipals (TE)		899.6		13.4			2.99	%		914.4		13.5		2.95	%
Other securities		23.5		0.4			3.50	%		21.1		0.3		3.32	%
Total securities (TE) (l)		9,072.1		107.0			2.36	%		8,834.4		88.0		1.99	%
Total short-term investments		720.8		16.6			4.63	%		2,708.4		5.1		0.38	%
Average earning assets yield (TE)	$	33,189.2	$	783.3			4.75	%	$	32,990.2	$	496.8		3.03	%
INTEREST-BEARING LIABILITIES
Interest-bearing transaction and savings deposits	$	10,563.9	$	68.6			1.31	%	$	11,418.2	$	2.5		0.04	%
Time deposits		2,893.8		50.3			3.51	%		1,046.6		1.0		0.20	%
Public funds		3,070.7		48.1			3.16	%		3,029.6		5.4		0.36	%
Total interest-bearing deposits		16,528.4		167.0			2.04	%		15,494.4		8.9		0.11	%
Short-term borrowings		2,243.4		45.8			4.12	%		1,455.8		2.4		0.33	%
Long-term debt		242.1		6.2			5.11	%		241.0		6.2		5.18	%
Total borrowings		2,485.5		52.0			4.21	%		1,696.8		8.6		1.02	%
Total interest-bearing liabilities cost		19,013.9		219.0			2.32	%		17,191.2		17.5		0.20	%
Net interest-free funding sources		14,175.3								15,799.0
Total cost of funds		33,189.2		219.0			1.33	%		32,990.2		17.5		0.11	%
Net Interest Spread (TE)			$	564.3			2.43	%			$	479.3		2.82	%
Net Interest Margin (TE)	$	33,189.2	$	564.3			3.42	%	$	32,990.2	$	479.3		2.92	%
(i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.
(j) Includes nonaccrual loans.
(k) Included in interest income is net purchase accounting accretion of $1.4 million and $2.7 million for the six months ended June 30, 2023 and 2022, respectively.
(l) Average securities does not include unrealized holding gains/losses on available for sale securities.

13

HANCOCK WHITNEY CORPORATION
ASSET QUALITY INFORMATION
(Unaudited)
	Three Months Ended									Six Months Ended
(dollars in thousands)	6/30/2023			3/31/2023			6/30/2022			6/30/2023			6/30/2022
Nonaccrual loans (m)	$	78,220		$	54,344		$	38,066		$	78,220		$	38,066
ORE and foreclosed assets		2,174			1,976			3,467			2,174			3,467
Total nonaccrual loans + ORE and foreclosed assets	$	80,394		$	56,320		$	41,533		$	80,394		$	41,533
Nonaccrual loans as a percentage of loans		0.33	%		0.23	%		0.17	%		0.33	%		0.17	%
Nonaccrual loans + ORE and foreclosed assets as a % of loans, ORE and foreclosed assets		0.34	%		0.24	%		0.19	%		0.34	%		0.19	%
Accruing loans 90 days past due	$	7,552		$	13,155		$	4,697		$	7,552		$	4,697
Accruing loans 90 days past due as a percentage of loans		0.03	%		0.06	%		0.02	%		0.03	%		0.02	%
Modified/restructured loans - still accruing (n)
Modified loans - still accruing	$	1,010		$	10					$	1,010
Modified loans - still accruing as a % of loans		0.00	%		0.00	%					0.00	%
Restructured loans - still accruing							$	2,492					$	2,492
Restructured loans - still accruing as a % of loans								0.01	%					0.01	%
PROVISION AND ALLOWANCE FOR CREDIT LOSSES:
Allowance for Loan Losses:
Beginning balance	$	309,385		$	307,789		$	317,843		$	307,789		$	342,065
Provision for loan losses		8,487			7,315			(10,354	)		15,802			(34,257	)
Charge-offs		(6,616	)		(7,972	)		(5,975	)		(14,588	)		(11,360	)
Recoveries		3,240			2,253			6,661			5,493			11,727
Net charge-offs		(3,376	)		(5,719	)		686			(9,095	)		367
Ending Balance	$	314,496		$	309,385		$	308,175		$	314,496		$	308,175
Reserve for Unfunded Lending Commitments:
Beginning balance	$	32,014		$	33,309		$	30,710		$	33,309		$	29,334
Provision for losses on unfunded lending commitments		(854	)		(1,295	)		593			(2,149	)		1,969
Ending balance	$	31,160		$	32,014		$	31,303		$	31,160		$	31,303
Total Allowance for Credit Losses	$	345,656		$	341,399		$	339,478		$	345,656		$	339,478
Total Provision for Credit Losses	$	7,633		$	6,020		$	(9,761	)	$	13,653		$	(32,288	)
Allowance for loan losses as a percentage of period-end loans		1.32	%		1.32	%		1.41	%		1.32	%		1.41	%
Allowance for credit losses as a percentage of period-end loans		1.45	%		1.46	%		1.55	%		1.45	%		1.55	%
Allowance for loan losses as a % of nonaccrual loans		402.07	%		569.31	%		809.58	%		402.07	%		809.58	%
NET CHARGE-OFF INFORMATION
Net charge-offs (recoveries):
Commercial & real estate loans	$	1,233		$	3,355		$	(1,611	)	$	4,588		$	(2,425	)
Residential mortgage loans		(291	)		(161	)		(448	)		(452	)		(467	)
Consumer loans		2,434			2,525			1,373			4,959			2,525
Total net charge-offs	$	3,376		$	5,719		$	(686	)	$	9,095		$	(367	)
Net charge-offs (recoveries) as a percentage of average loans:
Commercial & real estate loans		0.03	%		0.07	%		(0.04	)%		0.05	%		(0.03	)%
Residential mortgage loans		(0.03	)%		(0.02	)%		(0.07	)%		(0.03	)%		(0.04	)%
Consumer loans		0.64	%		0.66	%		0.35	%		0.65	%		0.33	%
Total net charge-offs as a percentage of average loans		0.06	%		0.10	%		(0.01	)%		0.08	%		(0.00	)%

(m) Included in nonaccrual loans are nonaccruing modified loans to borrowers experiencing financial difficulties totaling $1.6 million at June 30, 2023 and March 31, 2023, and troubled debt restructured loans totaling $3.2 million at June 30, 2022. The definition of reportable modifications/restructured loans changed for modifications made after January 1, 2023 with the adoption of ASU 2022-02. Refer to Note 1 of the March 31, 2023 Report on Form 10-Q for a discussion of this standard.

(n) Reflects the balance outstanding at June 30, 2023 and March 31, 2023 of accruing modified loans to borrowers experiencing financial difficulty since adoption of ASU 2022-02. Refer to Note 1 of the March 31, 2023 Report on Form 10Q for a discussion of this standard. Periods presented prior to that date reflect the outstanding balance of accruing troubled debt restructures as defined by superseded accounting guidance of ASC 310-40. Accruing loans are those where we expect to collect all amounts contractually due.

14

HANCOCK WHITNEY CORPORATION
ASSET QUALITY INFORMATION
(Unaudited)
	Three Months Ended
(dollars in thousands)	6/30/2023			3/31/2023			12/31/2022			9/30/2022			6/30/2022
Nonaccrual loans (m)	$	78,220		$	54,344		$	38,991		$	39,807		$	38,066
ORE and foreclosed assets		2,174			1,976			2,017			2,085			3,467
Total nonaccrual loans + ORE and foreclosed assets	$	80,394		$	56,320		$	41,008		$	41,892		$	41,533
Nonaccrual loans as a percentage of loans		0.33	%		0.23	%		0.17	%		0.18	%		0.17	%
Nonaccrual loans + ORE and foreclosed assets as a % of loans, ORE and foreclosed assets		0.34	%		0.24	%		0.18	%		0.19	%		0.19	%
Accruing loans 90 days past due	$	7,552		$	13,155		$	4,585		$	2,600		$	4,697
Accruing loans 90 days past due as a percentage of loans		0.03	%		0.06	%		0.02	%		0.01	%		0.02	%
Modified/restructured loans - still accruing (n)
Modified loans - still accruing	$	1,010		$	10
Modified loans - still accruing as a % of loans		0.00	%		0.00	%
Restructured loans - still accruing							$	1,907		$	1,925		$	2,492
Restructured loans - still accruing as a % of loans								0.01	%		0.01	%		0.01	%
PROVISION AND ALLOWANCE FOR CREDIT LOSSES:
Allowance for loan losses	$	314,496		$	309,385		$	307,789		$	306,116		$	308,175
Reserve for unfunded lending commitments		31,160			32,014			33,309			33,468			31,303
Total allowance for credit losses	$	345,656		$	341,399		$	341,098		$	339,584		$	339,478
Total provision for credit losses	$	7,633		$	6,020		$	2,487		$	1,402		$	(9,761	)
Allowance for loan losses as a percentage of period-end loans		1.32	%		1.32	%		1.33	%		1.36	%		1.41	%
Allowance for credit losses as a percentage of period-end loans		1.45	%		1.46	%		1.48	%		1.50	%		1.55	%
Allowance for loan losses as a % of nonaccrual loans		402.07	%		569.31	%		789.38	%		769.00	%		809.58	%
NET CHARGE-OFF INFORMATION
Net charge-offs (recoveries)
Commercial & real estate loans	$	1,233		$	3,355		$	(1,201	)	$	(270	)	$	(1,611	)
Residential mortgage loans		(291	)		(161	)		(251	)		(894	)		(448	)
Consumer loans		2,434			2,525			2,425			2,460			1,373
Total net charge-offs	$	3,376		$	5,719		$	973		$	1,296		$	(686	)
Net charge-offs (recoveries) as a percentage of average loans:
Commercial & real estate loans		0.03	%		0.07	%		(0.03	)%		(0.01	)%		(0.04	)%
Residential mortgage loans		(0.03	)%		(0.02	)%		(0.03	)%		(0.13	)%		(0.07	)%
Consumer loans		0.64	%		0.66	%		0.61	%		0.62	%		0.35	%
Total net charge-offs as a percentage of average loans:		0.06	%		0.10	%		0.02	%		0.02	%		(0.01	)%
AVERAGE LOANS
Commercial & real estate loans	$	18,670,814		$	18,322,189		$	18,178,496		$	17,855,937		$	17,562,053
Residential mortgage loans		3,469,030			3,214,439			2,968,876			2,713,383			2,534,600
Consumer loans		1,515,150			1,549,901			1,575,876			1,569,389			1,560,875
Total average loans	$	23,654,994		$	23,086,529		$	22,723,248		$	22,138,709		$	21,657,528

(m) Included in nonaccrual loans are nonaccruing modified loans to borrowers experiencing financial difficulties totaling $1.6 million at June 30, 2023 and March 31, 2023 and troubled debt restructured loans totaling $2.6 million, $2.8 million, and $3.2 million, at December 31, 2022, September 30, 2022, and June 30, 2022, respectively. The definition of reportable modifications/restructured loans changed for modifications made after January 1, 2023 with the adoption of ASU 2022-02. Refer to Note 1 of the March 31, 2023 Report on Form 10-Q for a discussion of this standard.

(n) Reflects the balance outstanding at June 30, 2023 and March 31, 2023 of accruing modified loans to borrowers experiencing financial difficulty since adoption of ASU 2022-02. Refer to Note 1 of the March 31, 2023 Report on Form 10-Q for a discussion of this standard. Periods persented prior to that date reflect the outstanding balance of accruing troubled debt restructures as defined by superseded accounting guidance of ASC 310-40. Accruing loans are those where we expect to collect all amounts contractually due.

15

HANCOCK WHITNEY CORPORATION
Appendix A to the Earnings Release
Reconciliation of Non-GAAP Measure
(Unaudited)
OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)
	Three Months Ended															Six Months Ended
(in thousands)	6/30/2023			3/31/2023			12/31/2022			9/30/2022			6/30/2022			6/30/2023			6/30/2022
Net interest income	$	273,911		$	284,994		$	295,501		$	280,307		$	245,732		$	558,905		$	474,195
Noninterest income		83,225			80,330			77,064			85,337			85,653			163,555			169,085
Total revenue		357,136			365,324			372,565			365,644			331,385			722,460			643,280
Taxable equivalent adjustment (o)		2,837			2,584			2,615			2,603			2,585			5,421			5,130
Nonoperating revenue		—			—			—			—			—			—			—
Operating revenue (TE)		359,973			367,908			375,180			368,247			333,970			727,881			648,410
Noninterest expense		(202,138	)		(200,884	)		(190,154	)		(193,502	)		(187,097	)		(403,022	)		(367,036	)
Nonoperating expense		—			—			—			—			—			—			—
Operating pre-provision net revenue (TE)	$	157,835		$	167,024		$	185,026		$	174,745		$	146,873		$	324,859		$	281,374
(o) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.

16

EX-99.2

Second Quarter 2023Earnings Conference Call 7/18/2023 HANCOCK WHITNEY Exhibit 99.2

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, general economic business conditions in our local markets, the impacts related to Russia’s military action in Ukraine, Federal Reserve action with respect to interest rates, the adequacy of our enterprise risk management framework, potential claims, damages, penalties, fines and reputational damage resulting from pending or future litigation, regulatory proceedings and enforcement actions, as well as the impact of recent negative developments affecting the banking industry and the resulting media coverage; the potential impact of future business combinations on our performance and financial condition, including our ability to successfully integrate the businesses, success of revenue-generating and cost reduction initiatives, 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, the adequacy of our internal controls over financial reporting, the financial impact of regulatory requirements and tax reform legislation, the impact of reference rate reform, deposit trends, credit quality trends, the impact of natural or man-made disasters, the impact of current and future economic conditions, including the effects of declines in the real estate market, high unemployment, inflationary pressures, elevated interest rates and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing, net interest margin trends, future expense levels, future profitability, improvements in expense to revenue (efficiency) ratio, purchase accounting impacts, accretion levels 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, 2022, Part II, “Item 1A. Risk Factors” in our Quarterly Report on Form 10-Q for the period ended March 31, 2023, and in other periodic reports that we file with the SEC. Important cautionary statement about forward-looking statements HNCOCK WHITNEY 2

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 AFS – Available for sale securities ACL – Allowance for credit losses AMBR – Ameribor Unsecured Overnight Rate Annualized – Calculated to reflect a rate based on afull 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 BSBY – Bloomberg Short-Term Bank Yield Index 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 C-stores – Convenience stores DDA – Noninterest-bearing demand deposit accounts (e) – estimated *Efficiency ratio – noninterest expense to total net interest (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items HNCOCK WHITNEY 3 EOP – End of period EPS – Earnings per share Excess liquidity - deposits held at the Fed plus investment in the bond portfolio above normal levels 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 HFS – Held for sale HTM – Held to maturity securities ICRE – Income-producing commercial real estate ICS – Insured Cash Sweep IB – Interest-bearing IRR – Interest rate risk LIBOR – London Inter-Bank Offered Rate 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 LQA – Linked-quarter annualized LOC – Line of credit 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 *Operating – Financial measure excluding nonoperating items ORE – Other real estate O/N– Overnight Funds PF – Public Funds *PPNR – Pre-provision net revenue (operating); also known as operating leverage RMBS – Residential mortgage-backed securities Repo – Customer repurchase agreements ROA – Return on average assets ROTCE – Return on tangible common equity SBIC – Small business investment company SOFR – Secured Overnight Financing Rate S2 – Slower growth, downside scenario 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

Corporate Profile $36.2 billion in Total Assets $23.8 billion in Total Loans $30.0 billion in Total Deposits CET1 ratio 11.83%(e) Tangible Common Equity (TCE) ratio 7.50% $3.3 billion in Market Capitalization 181 full service banking locations and 224 ATMs across our footprint Approximately 3,700 (FTE) employees corporate-wide Moody’s long-term issuer rating: Baa3; outlook stable S&P long-term issuer rating: BBB; outlook stable Ranked in top 100 Best Banks in America by Forbes Recognized for top client satisfaction ranking by J.D. Power Earned top customer service marks with Greenwich Excellence Awards Diversity, equity and inclusion (DEI) are fundamental to the spirit of HWC’s purpose, mission and values HWC Nasdaq Listed HNCOCK WHITNEY 4 As of June 30, 2023 (Healthcare) (ABL) (Operations) (Trust)

Second Quarter 2023 Highlights Net income totaled $117.8 million, or $1.35 per diluted share, compared to $126.5 million, or $1.45 per diluted share in 1Q23 Pre-provision net revenue (PPNR)* totaled $157.8 million, compared to $167.0 million in 1Q23 Deposits increased $430.4 million, or 6% LQA (See slides 6 and 7) Loan growth of $385.4 million, or 7% LQA (See slide 8) Criticized commercial loans and nonaccrual loans remain at relatively low levels (See slide 11) ACL coverage remained solid at 1.45% (See slide 12) NIM 3.30%, compared to 3.55% in 1Q23 (See slide 14) CET1 ratio estimated at 11.83%, up 23 bps linked-quarter; TCE ratio 7.50%, up 34 bps linked-quarter (See slide 18) Efficiency ratio 55.33% ($s in millions; except per share data) 2Q23 1Q23 2Q22 Net Income $117.8 $126.5 $121.4 Provision for credit losses $7.6 $6.0 ($9.8) Earnings Per Share – diluted $1.35 $1.45 $1.38 Return on Assets (%) (ROA) 1.30 1.46 1.38 Return on Tangible Common Equity (%) (ROTCE) 17.76 20.49 19.77 Net Interest Margin (TE) (%) 3.30 3.55 3.04 Net Charge-offs (recoveries) (%) 0.06 0.10 (0.01) CET1 Ratio (%) 11.83(e) 11.60 11.08 Tangible Common Equity (%) 7.50 7.16 7.21 Pre-Provision Net Revenue (TE)* $157.8 $167.0 $146.9 Efficiency Ratio (%) 55.33 53.76 54.95 *Non-GAAP measure: see appendix for non-GAAP reconciliation

Maintaining a Seasoned, Stable, Diversified Deposit Base DDAs as a % of total deposits remains above pre-2020 levels 40% at June 30, 2023 37% at December 31, 2019 Uninsured deposits (adjusted for collateralized public funds) were 34% at June 30, 2023, compared to 36% at March 31, 2023 The Insured Cash Sweep (ICS) product is available to clients as a way to insure deposits above FDIC limits; balances at June 30, 2023 were $221 million, up from $111 million at March 31, 2023 Repurchase (Repo) agreements are another way for clients to insure deposits; balances at June 30, 2023 were $529 million compared to $420 million at March 31, 2023 Consumer clients comprise 43% of total deposits (49% including wealth), while commercial clients comprise 35% Deposits include $1.2 billion in brokered CDs $568 million at a rate of 5.45% (matures in December 2023) $590 million at a rate of 5.35% ($195 million matures in February 2024; $395 million matures in May 2024) Promotional CD offerings and continued deposit remix have resulted in higher deposit costs, as shown below: 1.40% in 2Q23 0.91% in 1Q23 Select Average Deposit Account Size by Line of Business Line of Business ($ in thousands) 12/31/19 6/30/23 Consumer $15.0 $18.4 Commercial $163.4 $199.1 Wealth $121.7 $132.3 Total Deposits $30.5 $38.4

Continued Remix in Deposits Total deposits of $30 billion, up $430 million, or 6% LQA Decrease in noninterest-bearing DDA driven by continued shift in mix to interest-bearing deposits due to competitive rates offered during 2Q23 Decrease in interest-bearing money market and savings mostly due to a shift to higher rate products Decrease in public fund deposits primarily related to typical seasonal runoff Increase in time deposits is due to shift from DDA deposits and lower cost IB deposits and issuance of $590 million in brokered CDs during May 2023 DDA deposits at 2Q23 includes $247 million in temporary trust deposits DDA as a % of total deposits was 40% at 2Q23, down from 43% at 1Q23 Total Deposits 12/31/20 $s in millions Time Deposits (retail) $1,835 7% Time Deposits (brokered) $14 ― Interest-bearing public funds $3,235 12% Interest-bearing transaction & savings $10,414 37% Noninterest bearing $12,200 44% $s in billions Avg Qtrly Deposits LQA EOP growth $28.0 $26.0 $24.0 $22.0 $20.0 $18.0 $16.0 1Q20 $24.3 20% 2Q20 $26.7 37% 3Q20 $26.8 -4% 4Q20 $27.0 10% 1Q21 $27.0 10% HNCOCK WHITNEY 15 EOP Deposits Mix ($) EOP Deposits Mix (%) * Includes Public Funds DDA $ in millions % of Total Deposits * Includes $247 million in temporary trust deposits

Loans totaled $23.8 billion, up $385.4 million, or 7% LQA Increase in mortgage loans driven by one-time close product, which convert from construction to mortgage upon construction completion Headwinds to future loan growth: Select appetite in CRE Expect contraction in loan-only transactions over time Disciplined loan pricing Potential economic slowdown Moderated Quarterly Loan Growth Bar Chart

CRE Exposure Limited, Diversified Total Loans Outstanding % of Total Loans Commitment ($s in millions) Commercial non-RE (C&I) $7,899 33.2% $13,748 CRE - owner 2,517 10.6% 2,643 ICRE 3,228 13.6% 3,407 C&D 1,665 7.0% 3,381 Healthcare 2,092 8.8% 2,543 Equipment Finance 1,079 4.5% 1,079 Energy 223 0.9% 346 Total Commercial 18,703 78.6% 27,147 Mortgage 3,582 15.1% 3,590 Consumer 1,425 6.0% 3,457 Indirect 80 0.3% 80 Grand Total $23,790 100.0% $34,274         For Information Purposes Only (included in categories above)       Retail (C&I and CRE) $2,021 8.5% $2,499 Hospitality (C&I and CRE) $1,214 5.1% $1,421 Office - ICRE $870 3.7% $913 Office - owner $835 3.5% $869 Multifamily – ICRE $609 2.6% $628 Multifamily – C&D $479 2.0% $1,161 CRE loan portfolio is diversified by asset class, industry and geographic region Income-producing CRE (ICRE) approximately 14% of total loans and includes retail, hospitality, office, industrial, and multifamily Conservative underwriting in both type and structure For years, we have been shifting our focus away from traditional office to more medical office within office-ICRE 36% of the office-ICRE portfolio is related to medical offices Office buildings tend to be more mid-rise not necessarily high-rise that rely upon large tenants taking large space The retail portfolio is mostly necessity-based businesses (i.e., grocery stores, pharmacies, c-stores, etc.) 70% of the healthcare portfolio is in market and represents broad-based traditional medical loans As of June 30, 2023

Yield on New Loans Reflects Higher Rates $ in millions New Loan Yield - Fixed 3.62% 4.45% 5.28% 5.95% 6.47% 6.69% New Loan Yield - Variable 2.92% 3.25% 4.79% 6.40% 7.10% 7.81%

Criticized Commercial, Nonaccrual Loans Remain at Low Levels Criticized commercial loans totaled $302 million, or 1.62% of total commercial loans, at June 30, 2023, up $6 million, or 2%, linked-quarter Nonaccrual loans totaled $78 million, or 0.33% of total loans, at June 30, 2023, up $24 million, or 44%, linked-quarter; increase mostly due to one commercial credit 1.59% 0.17% 1.59% Total Loans $21,846 $22,586 $23,114 $23,405 $23,790 Total Commercial Loans 17,660 18,166 18,444 18,550 18,703 Criticized Commercial Loans 281 304 302 296 302 Nonaccrual Loans 38 40 39 54 78 1.68% 0.18% 1.64% 0.17% 0.23% 1.62% 0.33% $700 $600 $500 $400 $300 $200 $100 $0 3Q20 4Q20 1Q21 2Q21 3Q21 HNCOCK WHITNEY 12 $ in millions

Maintained a Solid Reserve Provision for the quarter of $7.6 million, reflects $3.4 million of net charge-offs and a reserve build of $4.2 million Maintained solid reserve, with quarter-end reserve coverage of 1.45% Weighting applied to Moody's June 2023 economic scenarios was 40% baseline and 60% slower growth (S2) Given inflation levels, market conditions, and recession concerns, scenario mix and weighting captures greater potential for slower near term economic growth than provided for in the baseline scenario Net Charge-offs Reserve Build Total Provision  ($s in millions) 2Q23 1Q23 2Q23 1Q23 2Q23 1Q23 Commercial $1.2 $3.4 $2.6 ($1.0) $3.8 $2.4 Mortgage (0.3) (0.2) 2.0 2.1 1.7 1.9 Consumer 2.5 2.5 (0.4) (0.8) 2.1 1.7 Total $3.4 $5.7 $4.2 $0.3 $7.6 $6.0 6/30/2023 3/31/2023 Portfolio ($ in millions) Amount % of Loan and Leases Outstanding Amount % of Loan and Leases Outstanding Commercial $251 1.34% $247 1.33% Mortgage 37 1.02% 35 1.04% Consumer 27 1.79% 27 1.80% Allowance for Loan and Lease Losses (ALLL) $315 1.32% $309 1.32% Reserve for Unfunded Lending Commitments 31 --- 32 --- Allowance for Credit Losses (ACL) $346 1.45% $341 1.46%

Conservative Securities Portfolio Securities portfolio* totaled $9.0 billion, down $126 million linked-quarter 69% AFS, 31% HTM at 6/30/23 To reduce OCI volatility and provide flexibility to reposition and/or reprice the hedged assets in a changing rate environment, we have $514 million of FV hedges on $559 million of bonds, or 9% of AFS securities Yield 2.38%, up 3 bps linked-quarter Premium amortization totaled $7.9 million, down $0.3 million linked-quarter Effective duration remains stable at 4.7 years at 6/30/23 compared to 4.8 years at 3/31/23 Net unrealized losses on securities portfolio: Securities Portfolio Mix 12/31/20 $s in millions CMBS $2,873 41% CMO $513 7% U.S. Agencies and other $219 3% RMBS $2,582 36% Munis $936 13% HNCOCK WHITNEY 15 Bar chart,pie chart Net Unrealized Loss $ in millions 6/30/2023 3/31/2023 AFS ($736) ($673) HTM ($241) ($201) Total ($977) ($874) * Excluding unrealized losses and FV hedges adjustment

2Q23 NIM 3.30%, down 25 bps linked-quarter Adjusting for excess liquidity in both 1Q23 and 2Q23, NIM would have been down 21 bps NIM 3.30% for the month of June 2023 NII (TE) decreased $10.8 million, or 4%, linked-quarter, driven by change in the funding mix and increasing deposit betas Forecasting an additional 25 bps increase in the Federal Funds rate in July and flat through year-end 2023 NIM likely to continue compressing due to deposit remix NIM Reflects Continued Change in Funding Mix, Higher Deposit Betas 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 Portfolio 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% Loan Yield Securities Yield Cost of Fund NIM HNCOCK WHITNEY 18 Line chart NIM Yield / Cost Quarter Month

Loans Loans totaled $23.8 billion at June 30, 2023 41% fixed, 59% variable (includes hybrid ARMs) 68% ($9.6 billion) of variable loans tied to SOFR/LIBOR 24% ($3.5 billion) of variable loans tied to Wall Street Journal Prime 6% ($818 million) of variable loans tied to AMBR 2% ($217 million) of variable loans tied to BSBY Securities Expect runoff from bond portfolio to continue funding loan growth as needed in 2023 $122 million of cash flows from the bond portfolio was used to fund quarterly loan growth Swaps/Hedges (See slide 28 for more information) $1.6 billion of active receive fixed/pay 1 month SOFR swaps designated as Cash Flow Hedges on the balance sheet; extends asset duration $514 million of pay fixed/receive Fed Effective swaps designated as Fair Value Hedges on $559 million of securities; provides OCI protection and flexibility to reposition and/or reprice the hedged assets in a changing rate environment Deposits Deposits totaled $30.0 billion at June 30, 2023 75% of deposits are MMDA (excludes PF), savings, or DDA Shift in deposit mix as interest rates continue to rise Rate Betas Rate Floors Floor Rate Balance * Balance Cumulative 25-49 bps $670 million $670 million 50-74 bps $804 million $1.5 billion 75-99 bps $546 million $2.0 billion 100-150 bps $1.8 billion $3.8 billion > 150 bps $172 million $4.0 billion IRR Sensitivity Table HWC (Hedges Removed) As of 4Q21 As of 4Q21 Peers * Immediate 100 bps 7.3% 8.4% 7.3% Gradual 100 bps 3.2% 3.6% 4.3% Deposits $ in millions Time Deposits $1,129 4% Interest-bearing public funds $3,295 11% Interest-bearing transaction & savings $11,650 38% Noninterest bearing $14,393 47% Focused on IRR Sensitivity IRR Sensitivity Table     HWC   HWC (Hedges Removed)   As of 2Q23 As of 2Q23 Immediate +100 bps 3.0% 4.3% Immediate -100 bps -2.9% -4.2% Gradual +100 bps 1.9% 2.4% Gradual -100 bps -1.0% -1.6% 1Q22- 2Q22 2Q22- 3Q22 3Q22- 4Q22 4Q22- 1Q23 1Q23- 2Q23 Cycle to date (1Q22-2Q23) Total Deposit Betas 3% 8% 21% 48% 104% 28% IB Deposit Betas 5% 16% 40% 81% 156% 47% Loan Betas 24% 45% 43% 50% 60% 44% Total Deposit Beta excluding brokered CDs 47% 82% 25%

Service Charges, Specialty Income Drive Fee Increase Noninterest income totaled $83.2 million, up $2.9 million, or 4% linked-quarter Increase in service charges was primarily related to commercial net analysis fees Increase in trust fees related to seasonal tax accounting fees Decrease in investment, annuity and insurance income related to lower annuity and corporate underwriting fees Increase in other noninterest income is primarily related to increased FHLB dividends and credit related fees Noninterest Income Mix 6/30/23 $s in millions Lower Mortgage, Specialty Income Partly Offset by Higher Service Fees Noninterest income totaled $82.4 million, down $1.3 million, 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 rate 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 derivative 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

Other Expense Drives Linked-Quarter Increase in Expense Noninterest expense totaled $202.1 million, up $1.3 million, or 1% linked-quarter Personnel expense decrease mostly related to lower incentive and benefit costs, partly offset by merit pay increases Increase in occupancy and equipment expense related to higher property insurance and annual maintenance costs Other expenses increased primarily due to: Increase in data processing expense ($1.4 million) Higher regulatory fees, incl. FDIC Assessment ($0.5 million) Noninterest Expense Mix 6/30/23 $s in millions 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 financial 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 closures 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 beginning of the year increases; does not include nonrecurring charges for certain initiatives (i.e. early retirement)

Capital Levels Improved Linked-Quarter CET1 ratio estimated at 11.83%, up 23 bps linked-quarter TCE ratio 7.50%, up 34 bps LQ Tangible net earnings +33 bps Lower tangible assets +27 bps Stock compensation and other +2 bps Impact of OCI -21 bps Dividends -7 bps No shares repurchased during 2Q23 Will continue to manage capital in the best interests of the Company and our shareholders; our priorities are: Organic growth Dividends Buybacks M&A Tangible Common Equity Ratio Leverage (Tier 1) Ratio CET1 Ratio and Tier 1 Risked-Based Capital Ratio Total Risk-Based Capital Ratio June 30, 2023 7.50% 9.64%(e) 11.83%(e) 13.44%(e) March 31, 2023 7.16% 9.63% 11.60% 13.21% December 31, 2022 7.09% 9.53% 11.41% 12.97% September 30, 2022 6.73% 9.27% 11.10% 12.67% June 30, 2022 7.21% 8.68% 11.08% 12.70% (e) Estimated for most recent period-end Capital Rebuild Continues After 1H20 De-Risking Activities TCE ratio 7.64%, up 11 bps LQ (7.99% excluding PPP loans) Tangible net earnings +34 bps Change in tangible assets/additional excess liquidity -10 bps Dividends -7 bps Change in OCI & other -6 bps CET1 ratio 10.70%, up 40 bps linked-quarter Intend to pay quarterly dividend in consultation with examiners; board reviews dividend policy quarterly Buybacks on hold Tangible Common Equity Ratio Leverage (Tier 1) Ratio CET1 Ratio and Tier 1 Risked-Based Capital Ratio Total Risk-Based Capital Ratio December 31, 2020 7.64% 7.87%(e) 10.70%(e) 13.31%(e) September 30, 2020 7.53% 7.70% 10.30% 12.92% June 30, 2020 7.33% 7.37% 9.78% 12.36% March 31, 2020 8.00% 8.40% 10.02% 11.87% December 31, 2019 8.45% 8.76% 10.50% 11.90% (e) Estimated for most recent period-end; effective March 31, 2020 regulatory capital ratios reflect the election to use the five-year CECL transition rules

Remain Well Capitalized Including All Unrealized Losses 6/30/2023 As Reported Inc. AOCI Losses (1) Inc. AOCI + HTM Losses(2) Well Capitalized Minimum Tangible Common Equity Ratio 7.50% 7.50% 7.01% N/A Leverage (Tier 1) Ratio (e) 9.64% 7.92% 7.43% 5.00% CET1 Ratio (e) 11.83% 9.62% 8.99% 6.50% Tier 1 Risked-Based Capital Ratio (e) 11.83% 9.62% 8.99% 8.00% Risk-Based Capital Ratio (e) 13.44% 11.24% 10.62% 10.00% Reflected above is the hypothetical impact on capital if the mark on AOCI Losses(1) and AOCI + HTM(2) were included in the regulatory capital calculations Neither scenario is currently included, nor required to be included in the Company’s regulatory capital ratios (e) Estimated for most recent period-end Assumes AOCI adjustments related to market valuations on securities and related hedges are included for regulatory capital calculations Assumes HTM securities are also included as AOCI adjustment

2023 Forward Guidance Guidance Direction 2Q23Actual FY 2023 Outlook Loans (EOP) Unchanged $23.8B Expect EOP loan growth in the range of low to mid single digits from $23.1B at 12/31/22 Deposits (EOP) Unchanged $30.0B Expect EOP deposit growth in the range of flat to low single digits from $29.1B at 12/31/22; will continue to utilize cash flows from securities portfolio to help fund loan growth in 2023 Operating Pre-Provision, Net Revenue (PPNR)* Updated $157.8MM Expect PPNR to decrease 1%-3% from FY22 ($641.1MM); assumes full expense guidance; updated to reflect current deposit mix/rate environment; this guidance excludes any expected special FDIC assessment related to the 2023 bank failures Reserve for Credit Losses Unchanged $345.7MM or 1.45% of total loans Future assumptions in economic forecasts and any change in our own asset quality metrics will drive level of reserves; expect low to modest charge-offs and provision throughout 2023 Noninterest Income Updated $83.2MM Expect noninterest income to be up 1%-2% from FY22 ($331.5MM) Noninterest Expense Updated $202.1MM Expect operating expense to be up 7.5%-8.5% from FY22 ($750.7MM); this guidance excludes any expected special FDIC assessment related to the 2023 bank failures Effective Tax Rate Unchanged 20.1% Approximately 21% Efficiency Ratio Updated 55.33% Expect to maintain efficiency ratio below 56% for FY23 Corporate Strategic Objectives (CSOs) Long-term operating objectives reviewed/updated annually(Rate environment will either benefit or challenge us to reach our objectives) 3 Year Objective (4Q25) 2Q23 Actual ROA ≥ 1.55% 1.30% TCE ≥ 8% 7.50% ROTCE ≥ 18% 17.76% Efficiency Ratio ≤ 50% 55.33% * See additional information on NIM guidance on Slide 14; Forecasting an additional 25 bps increase in the Federal Funds rate in July and then flat through year-end 2023

HWC Strong and Stable for 124 Years Strength to manage through challenging economic environment Balance sheet de-risked in early 2020 Credit metrics at low levels Robust ACL at 1.45% of loans Solid capital levels Significant efficiency initiatives executed in 2020/2021 Technology projects nearing completion phases Market disruption(s) from M&A lead to opportunities Stable, seasoned, diversified deposits Current hedge positions provide NII support and extend asset duration in down rate environments Proven ability to proactively manage expenses Exceptional, dedicated, committed team of associates

Appendix and Non-GAAP Reconciliations Appendix and Non-GAAP Reconciliations CHANCOCK WHITNEY

Summary Income Statement ($ in millions, except for per share data) *Non-GAAP measure: see slide 27 for non-GAAP reconciliation       Change       Change 2Q23 1Q23 2Q22 LQ Prior Year   YTD 2023 YTD 2022 Y-o-Y 276.7 287.6 248.3 (10.9) 28.4 Net interest income (TE) 564.3 479.3 85.0 7.6 6.0 (9.8) 1.6 17.4 Provision for credit losses 13.7 (32.3) 46.0 83.2 80.3 85.7 2.9 (2.5) Noninterest income 163.6 169.1 (5.5) 202.1 200.9 187.1 1.2 15.0 Noninterest expense 403.0 367.0 36.0 147.4 158.4 154.0 (11.0) (6.6) Income before income tax 305.8 308.5 (2.7) 29.6 31.9 32.6 (2.3) (3.0) Income tax expense 61.5 63.6 (2.1) 117.8 126.5 121.4 (8.7) (3.6) Net income 244.3 244.9 (0.6) 157.8 167.0 146.9 (9.2) 10.9 Operating PPNR (TE)* 324.9 281.4 43.5                   117.8 126.5 121.4 (8.7) (3.6) Net income 244.3 244.9 (0.6) (1.2) (1.4) (1.8) 0.2 0.6 Net Income allocated to participating securities (2.6) (3.8) 1.2 116.6 125.1 119.6 (8.5) (3.0) Net Income available to common shareholders 241.6 241.1 0.5 86.4 86.3 86.4 0.1 - Weighted average common shares - diluted (millions) 86.4 86.7 (0.3) 1.35 1.45 1.38 (0.10) (0.03) Reported EPS 2.80 2.78 0.02                   3.30% 3.55% 3.04% -25 bps 26 bps NIM (TE) 3.42% 2.92% 50 bps 1.30% 1.46% 1.38% -16 bps -8 bps ROA 1.38% 1.38% 0 bps 13.24% 15.03% 14.39% -179 bps -115 bps ROE 14.11% 14.13% -2 bps 55.33% 53.76% 54.95% 157 bps 38 bps Efficiency ratio 54.54% 55.47% -93 bps

Summary Balance Sheet ($ in millions) 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 Deposits $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) Stockholders' 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 assets 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 Change Change 2Q23 1Q23 2Q22 LQ Prior Year   YTD 2023 YTD 2022 Y-o-Y           EOP Balance Sheet       23,789.9 23,404.5 21,846.1 385.4 1,943.8 Loans 23,789.9 21,846.1 1,943.8 8,195.7 8,390.7 8,531.4 (195.0) (335.7) Securities 8,195.7 8,531.4 (335.7) 32,715.6 34,106.8 31,292.9 (1,391.2) 1,422.7 Earning assets 32,715.6 31,292.9 1,422.7 36,210.1 37,547.1 34,637.5 (1,337.0) 1,572.6 Total assets 36,210.1 34,637.5 1,572.6                   30,043.5 29,613.1 29,866.4 430.4 177.1 Deposits 30,043.5 29,866.4 177.1 1,629.5 3,519.5 630.0 (1,890.0) 999.5 Short-term borrowings 1,629.5 630.0 999.5 32,655.7 34,015.9 31,287.8 (1,360.2) 1,367.9 Total liabilities 32,655.7 31,287.8 1,367.9 3,554.5 3,531.2 3,349.7 23.3 204.8 Stockholders' equity 3,554.5 3,349.7 204.8                             Avg Balance Sheet       23,655.0 23,086.5 21,657.5 568.5 1,997.5 Loans 23,372.3 21,391.3 1,981.0 9,007.8 9,137.0 8,979.4 (129.2) 28.4 Securities (1) 9,072.1 8,834.4 237.7 33,619.8 32,753.8 32,780.8 866.0 839.0 Average earning assets 33,189.2 32,990.2 199.0 36,205.4 35,159.0 35,380.2 1,046.4 825.2 Total assets 35,685.1 35,690.3 (5.2)                   29,372.9 28,792.9 29,979.9 580.0 (607.0) Deposits 29,084.5 30,004.7 (920.2) 2,386.6 2,098.6 1,224.2 288.0 1,162.4 Short-term borrowings 2,243.4 1,455.8 787.6 32,638.1 31,746.2 31,996.5 891.9 641.6 Total liabilities 32,194.7 32,195.5 (0.8) 3,567.3 3,412.8 3,383.8 154.5 183.5 Stockholders' equity 3,490.5 3,494.8 (4.3)                   5.81% 5.54% 3.86% 27 bps 195 bps Loan yield 5.68% 3.79% 189 bps 2.38% 2.35% 2.00% 3 bps 38 bps Securities yield 2.36% 1.99% 37 bps 2.39% 1.65% 0.13% 74 bps 226 bps Cost of IB deposits 2.04% 0.11% 193 bps 79.18% 79.03% 73.15% 15 bps 603 bps Loan/Deposit ratio 79.18% 73.15% 603 bps

Operating Results *Non-GAAP measure: see slide 27 for non-GAAP reconciliation   2Q22 3Q22 4Q22 1Q23 2Q23 Operating PPNR (TE)* ($000) 146,873 174,745 185,026 167,024 157,835 Net Interest Income (TE) ($000) 248,317 282,910 298,116 287,578 276,748 Net Interest Margin (TE) 3.04% 3.54% 3.68% 3.55% 3.30% Operating Noninterest Income* ($000) 85,653 85,337 77,064 80,330 83,225 Operating Expense* ($000) 187,097 193,502 190,154 200,884 202,138 Efficiency Ratio 54.95% 51.62% 49.81% 53.76% 55.33% 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

Balance Sheet Summary   2Q22 3Q22 4Q22 1Q23 2Q23 Average Loans ($MM) 21,658 22,139 22,723 23,087 23,655 Average Total Securities* ($MM) 8,979 9,177 9,201 9,137 9,008 Average Deposits ($MM) 29,980 29,181 28,816 28,793 29,373 Loan Yield (TE) 3.86% 4.49% 5.12% 5.54% 5.81% Cost of Deposits 0.07% 0.18% 0.50% 0.91% 1.40% Tangible Common Equity Ratio 7.21% 6.73% 7.09% 7.16% 7.50% Balance Sheet Summary   4Q19 1Q20 2Q20 3Q20 4Q20 Average Loans ($MM) 21,038 21,234 22,957 22,408 22,066 Average Total Securities ($MM) 6,202 6,149 6,130 6,389 6,921 Average Deposits ($MM) 23,848 24,327 26,703 26,764 27,040 Loan Yield (TE) 4.69% 4.56% 4.04% 3.95% 3.99% Cost of Interest Bearing Deposits 1.11% 1.01% 0.58% 0.39% 0.31% Tangible Common Equity Ratio 8.45% 8.00% 7.33% 7.53% 7.64% CHANCOCK WHITNEY 28 * Average securities excludes unrealized gain/(loss)

Operating Revenue (TE), Operating PPNR (TE) Reconciliation   Three Months Ended (in thousands) 6/30/2023 3/31/2023 12/31/2022 9/30/2022 6/30/2022 Net interest income $273,911 $284,994 $295,501 $280,307 $245,732 Noninterest income 83,225 80,330 77,064 85,337 85,653 Total revenue $357,136 $365,324 $372,565 $365,644 $331,385 Taxable equivalent adjustment 2,837 2,584 2,615 2,603 2,585 Nonoperating revenue — — — — — Operating revenue (TE) $359,973 $367,908 $375,180 $368,247 $333,970 Noninterest expense (202,138) (200,884) (190,154) (193,502) (187,097) Nonoperating expense — — — — — Operating expense (202,138) (200,884) (190,154) (193,502) (187,097) Operating pre-provision net revenue (TE) $157,835 $167,024 $185,026 $174,745 $146,873 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 $130,607 $126,346 $118,518 $115,688 $125,660 CHANCOCK WHITNEY 31 Taxable equivalent (TE) amounts are calculated using a federal tax rate of 21%

Current Hedge Positions Cash Flow (CF) Hedges Receive 215 bps versus paying 1 month SOFR on $1.6 billion No new CF hedges were executed and no CF hedges were terminated in 2Q23 Total termination value on remaining active CF hedges is approximately ($110) million as of 6/30/23 Future maturities of existing CF hedges range from December 2025 through March 2028 Fair Value (FV) Hedges $559 million in securities are hedged with $514 million of FV hedges Duration (Market price risk) reduced from approximately 7.1 years to 2.9 years on hedged securities During 2Q23, there were no FV hedge terminations Current termination value of FV hedges is approximately $25 million at 6/30/2023 FV hedges become fully effective beginning January 2025 through July 2026; at that point we pay fixed 1.89% and receive the FF effective rate (resulting in these bonds being a variable rate of FF plus 49 bps) 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

Currently have approximately $20 billion in internal and external sources of liquidity if needed More than $17 billion in remaining net liquidity available at June 30, 2023 Liquidity includes $1.2 billion in brokered CDs at June 30, 2023 Paydown of $2 billion in FHLB borrowings in 2Q23 using excess liquidity held at March 31, 2023 At June 30, 2023$ in millions TotalSources AmountUsed NetAvailability Internal Sources       Free Securities $ 3,502 $ - $ 3,502 External Sources       FHLB 6,824 1,221 5,603 FRB-DW 3,418 - 3,418 Brokered Deposits 4,507 1,163 3,344 Overnight Fed Funds LOCs 1,369 - 1,369 Total Available Sources of Funding $ 19,620 $ 2,384 $ 17,236 Strong Liquidity Position; Multiple Sources of Funding Available At June 30, 2023 $ in millions Cash and O/N $ 1,238 Cash and O/N as a % of Assets 3.4% Cash and O/N + Net Availability $ 18,474 Uninsured Deposits excl. PF Deposits $ 10,336 Cash and O/N + Net Availability to Adj. Uninsured deposits 178.7%

Second Quarter 2023Earnings Conference Call 7/18/2023 HANCOCK WHITNEY

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Document And Entity Information	Jul. 18, 2023
Document And Entity Information [Line Items]
Entity Registrant Name	HANCOCK WHITNEY CORPORATION
Amendment Flag	false
Entity Central Index Key	0000750577
Document Type	8-K
Document Period End Date	Jul. 18, 2023
Entity Incorporation, State or Country Code	MS
Securities Act File Number	001-36872
Entity Tax Identification Number	64-0693170
Entity Address, Address Line One	Hancock Whitney Plaza
Entity Address, Address Line Two	2510 14th Street
Entity Address, City or Town	Gulfport
Entity Address, State or Province	MS
Entity Address, Postal Zip Code	39501
City Area Code	228
Local Phone Number	868-4000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Common Stock Par Value Dollar Three Point Three Three Per Share [Member]
Document And Entity Information [Line Items]
Title of 12(b) Security	COMMON STOCK, $3.33 PAR VALUE
Trading Symbol	HWC
Security Exchange Name	NASDAQ
Senior Subordinated Notes [Member]
Document And Entity Information [Line Items]
Title of 12(b) Security	6.25% SUBORDINATED NOTES
Trading Symbol	HWCPZ
Security Exchange Name	NASDAQ