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): April 16, 2024

________________

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 April 16, 2024, Hancock Whitney Corporation (the “Company”) announced financial results for its first quarter ended March 31, 2024. 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 April 16, 2024 at 3:30 p.m. (Central Time), the Company intends to hold an investor call and webcast to discuss financial results for the quarter ended March 31, 2024, 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 April 16, 2024 for Quarter Ended March 31, 2024.
99.2	Presentation Slides dated April 16, 2024 (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
April 16, 2024	By:	/s/ Michael M. Achary
		Michael M. Achary
		Chief Financial Officer

EX-99.1

Exhibit 99.1

  FOR IMMEDIATE RELEASE April 16, 2024

For more information

Kathryn Shrout Mistich, VP, Investor Relations Manager

504.539.7836 or kathryn.mistich@hancockwhitney.com

Hancock Whitney reports first quarter 2024 EPS of $1.24

GULFPORT, Miss. (April 16, 2024) — Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the first quarter of 2024. Net income for the first quarter of 2024 totaled $108.6 million, or $1.24 per diluted common share (EPS), compared to $50.6 million, or $0.58 per diluted common share, in the fourth quarter of 2023. The first quarter of 2024 included a $3.8 million charge, or $0.04 per diluted common share, of a supplemental disclosure item, related to a revision to the FDIC Special Assessment. The fourth quarter of 2023 included a net charge of $75.4 million, or $0.68 per diluted share after-tax, of supplemental disclosure items, related to a loss on the securities portfolio restructuring, sale of a parking facility, and FDIC Special Assessment. Excluding the impact of these supplemental disclosure items, EPS would be $1.28, up $0.02 linked-quarter. The company reported net income for the first quarter of 2023 of $126.5 million, or $1.45 per diluted common share. There were no supplemental disclosure items in the first quarter of 2023.

First Quarter 2024 Highlights

•Net income totaled $108.6 million, compared to $50.6 million in prior quarter

•Adjusted pre-provision net revenue (PPNR) totaled $152.9 million, down $4.6 million, or 3% linked-quarter

•Loans increased $49.0 million, or 1% LQA

•Deposits increased $85.8 million, or 1% LQA

•Criticized commercial loans and nonaccrual loans continued to normalize

•ACL coverage remained solid at 1.42%, up 1 bp, compared to prior quarter

•NIM 3.32%, up 5 bps compared to 4Q23

•CET1 ratio estimated at 12.67%, up 34 bps linked-quarter; TCE ratio 8.61%, up 24 bps linked-quarter

•Efficiency ratio 56.44%

“The first quarter’s results reflect a very positive start to 2024,” said John M. Hairston, President & CEO. “Our efforts to reposition our balance sheet and create opportunities for NIM expansion continued this quarter. NIM expansion was supported primarily by the impact of last quarter’s bond portfolio restructure and good control of deposit costs. We were also pleased with the quarter’s performance in fees and expense management. Credit metrics continued to normalize, but we do not see any broad signs of weakening in any portfolio or geographic segment. We maintained a

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robust ACL to loans of 1.42% and we continued to grow capital this quarter. As we look forward to celebrating our 125th year and beyond, we believe we continue to position ourselves to effectively navigate any operating environment.”

Loans

Total loans were $24.0 billion at March 31, 2024, up $49.0 million, or less than 1%, from December 31, 2023. One-time close products drove the increase in mortgage loans, which convert from construction to mortgages upon construction completion.

Average loans totaled $23.8 billion for the first quarter of 2024, virtually unchanged linked-quarter. Management expects 2024 period-end loan growth to be low single digits from year-end 2023, mostly in the second half of 2024.

Deposits

Total deposits at March 31, 2024 were $29.8 billion, up $85.8 million, or less than 1%, from December 31, 2023. The linked-quarter increase in deposits was driven primarily by an increase in interest-bearing transaction and saving and retail time deposits due to a shift from DDA deposits, offset by decreases in brokered deposits, noninterest-bearing DDAs, and interest-bearing public funds due to seasonality.

DDAs totaled $10.8 billion at March 31, 2024, down $228.4 million, or 2%, from December 31 2023 and comprised 36% of total period-end deposits. Interest-bearing transaction and savings deposits totaled $11.0 billion at the end of the first quarter of 2024, up $294.3 million, or 3%, linked-quarter. Compared to December 31, 2023, retail time deposits of $4.6 billion were up $291.7 million, or 7%, and brokered deposits were $394.8 million, down $195.0 million, or 33%, compared to the prior quarter. Interest-bearing public fund deposits decreased $76.7 million, or 2%, linked-quarter, totaling $3.1 billion at March 31, 2024.

Average deposits for the first quarter of 2024 were $29.6 billion, down $414.0 million, or 1%, linked-quarter. Management expects 2024 period-end deposit level growth to be low single digits, compared to year-end 2023.

Asset Quality

The total allowance for credit losses (ACL) was $340.8 million at March 31, 2024, up $4.0 million, or 1%, from December 31, 2023. During the first quarter of 2024, the company recorded a provision for credit losses of $13.0 million, compared to $17.0 million in the fourth quarter of 2023. There were $9.0 million of net charge-offs in the first quarter of 2024, or 0.15% of average total loans on an annualized basis, compared to net charge-offs of $16.1 million, or 0.27% of average total loans in the fourth quarter of 2023. The ratio of ACL to period-end loans was 1.42% at March 31, 2024, compared to 1.41% at December 31, 2023.

Criticized commercial loans and nonaccrual loans remained at low levels at March 31, 2024. Criticized commercial loans totaled $339.9 million, or 1.83% of total commercial loans, at March 31, 2024, compared to $273.7 million, or 1.47% of total commercial loans at December 31, 2023. Nonaccrual loans totaled $82.1 million, or 0.34% of total loans, at March 31, 2024, compared to

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$59.0 million, or 0.25% of total loans, at December 31, 2023. ORE and foreclosed assets were $2.8 million at March 31, 2024, down $0.8 million, linked-quarter.

Net Interest Income and Net Interest Margin (NIM)

Net interest income (TE) for the first quarter of 2024 was $269.0 million, a decrease of $3.3 million, or 1%, from the fourth quarter of 2023. The net interest margin (NIM) (TE) was 3.32% in the first quarter of 2024, up 5 bps linked-quarter. A change in loan yields (+4 bps), a shift in average earning assets and reduced borrowings (+6 bps) and the securities portfolio restructuring (+3 bps) led to a 13 basis point improvement in NIM, offset by the impact of change in deposit mix and rates (-8 bps). Additional NIM detail and guidance is included in the first quarter of 2024 earnings investor deck.

Average earning assets were $32.6 billion for the first quarter of 2024, down $571.3 million, or 2%, from the fourth quarter of 2023.

Noninterest Income

Noninterest income totaled $87.9 million for the first quarter of 2024, up $48.9 million, or 126%, from the fourth quarter of 2023. There were no supplemental disclosure items in the first quarter of 2024. The fourth quarter of 2023 included two supplemental disclosure items of a $16.1 million gain on the sale of a parking facility and a ($65.4) million loss related to the securities portfolio restructuring.

Service charges on deposits were up $0.6 million, or 3%, from the fourth quarter of 2023. Bank card and ATM fees were virtually unchanged from the fourth quarter of 2023.

Investment and annuity income and insurance fees were up $0.8 million, or 7%, linked-quarter, related to higher activity. Trust fees were up $0.2 million, or 1% linked-quarter. Fees from secondary mortgage operations totaled $2.9 million for the first quarter of 2024, up $0.8 million, or 39%, linked-quarter, due to higher origination and sales activity.

There were no gains or losses related to securities transactions in the first quarter of 2024. Securities transactions, net was a loss of $65.4 million in the fourth quarter of 2023, related to the securities portfolio restructuring included as a supplemental disclosure item.

Other noninterest income was $13.2 million in the first quarter of 2024, compared to $32.0 million in the fourth quarter of 2023. There were no supplemental disclosure items in the first quarter of 2024. In the fourth quarter of 2023, other noninterest income was impacted by the $16.1 million gain on the sale of the parking facility.

Noninterest Expense & Taxes

Noninterest expense totaled $207.7 million, down $21.4 million, or 9% linked-quarter.Included in the total was $3.8 million of a supplemental disclosure item related to a revision to the FDIC Special Assessment. Expenses in the fourth quarter of 2023 included a $26.1 million supplemental disclosure item related to an FDIC Special Assessment. Adjusting for these items, noninterest expense for the first quarter of 2024 totaled $203.9 million, virtually unchanged, up less than 1%, linked-quarter.

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Personnel expense totaled $121.2 million in the first quarter of 2024, up $6.8 million, or 6%, linked-quarter. The increase was primarily due to higher incentive expense, lower deferred salaries related to lending activities, and a seasonal increase in benefits costs. Net occupancy and equipment expense totaled $17.6 million in the first quarter of 2024, up $0.1 million, or 1%, from the fourth quarter of 2023. Amortization of intangibles totaled $2.5 million for the first quarter of 2024, down $0.1 million, or 5%, linked-quarter.

ORE and other foreclosed assets was a net gain of $0.2 million in the first quarter of 2024, compared to a net gain of $0.5 million in the fourth quarter of 2023.

Other expense, excluding the supplemental disclosure item, totaled $62.8 million in the first quarter of 2024, down $6.2 million, or 9%, linked-quarter, related to lower data processing and professional services expense.

The effective income tax rate for the first quarter of 2024 was 18.5%.

Capital

Common stockholders’ equity at March 31, 2024 totaled $3.9 billion, up $49.8 million, or 1%, from December 31, 2023. The tangible common equity (TCE) ratio was 8.61%, up 24 bps linked-quarter. The company’s CET1 ratio is estimated to be 12.67% at March 31, 2024, up 34 bps linked-quarter. Total risk-based capital ratio is estimated to be 14.37% at March 31, 2024, up 44 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 first quarter of 2024.

Conference Call and Slide Presentation

Management will host a conference call for analysts and investors at 3:30 p.m. Central Time on Tuesday, April 16, 2024 to review first quarter of 2024 results. A live listen-only webcast of the call will be available under the Investor Relations section of Hancock Whitney’s website at investors.hancockwhitney.com. A link to the release with additional financial tables, and a link to a slide presentation related to first quarter results are also posted as part of the webcast link. To participate in the Q&A portion of the call, dial 888-596-4144 or 646-968-2525, 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 April 23, 2024 by dialing 800-770-2030 or 609-800-9909, 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

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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. The Company highlights certain items that are outside of our principal business and/or are not indicative of forward-looking trends in supplemental disclosures items below our GAAP financial data and presents certain “Adjusted” ratios that exclude these disclosed items. These adjusted ratios provide management or the reader with a measure that may be more indicative of forward-looking trends in our business, as well as demonstrates the effects of significant gains or losses and changes.

We define Adjusted Pre-Provision Net Revenue as net income excluding provision expense and income tax expense, plus the taxable equivalent adjustment (as defined above), less supplemental disclosure items (as defined above). Management believes that adjusted pre-provision net revenue is a useful financial measure because it enables investors and others to assess the Company’s ability to generate capital to cover credit losses through a credit cycle. We define Adjusted Revenue as net interest income (te) and noninterest income less supplemental disclosure items. We define Adjusted Noninterest Expense as noninterest expense less supplemental disclosure items. We define our Efficiency Ratio as noninterest expense to total net interest income (te) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items, if applicable. Management believes adjusted revenue, adjusted noninterest expense and the efficiency ratio are useful measures as they provide a greater understanding of ongoing operations and enhance comparability with prior periods.

Important Cautionary Statement about Forward-Looking Statements

This 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

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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, Federal Reserve action with respect to interest rates, the impacts related to Russia’s military action in Ukraine, the effects of the Israel-Hamas war, the adequacy of our enterprise risk management framework, potential claims, damages, penalties, fines and reputational damage resulting from pending or future litigation, regulatory proceedings, assessments, and enforcement actions, as well as the impact of negative developments affecting the banking industry and the resulting media coverage; the 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 and non-financial reporting, the financial impact of regulatory requirements and tax reform legislation, 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, increasing insurance costs, 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 presentation is subject to the safe harbor protections set forth in the Private Securities Litigation Reform Act of 1995. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023, and in other periodic reports that we file with the SEC.

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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)	3/31/2024			12/31/2023			9/30/2023			6/30/2023			3/31/2023
NET INCOME
Net interest income	$	266,171		$	269,460		$	269,234		$	273,911		$	284,994
Net interest income (TE) (a)		269,001			272,294			272,086			276,748			287,578
Provision for credit losses		12,968			16,952			28,498			7,633			6,020
Noninterest income		87,851			38,951			85,974			83,225			80,330
Noninterest expense		207,722			229,151			204,675			202,138			200,884
Income tax expense		24,720			11,705			24,297			29,571			31,953
Net income	$	108,612		$	50,603		$	97,738		$	117,794		$	126,467
Supplemental disclosure items - included above, pre-tax
Included in noninterest income
Gain on sale of parking facility	$	—		$	16,126		$	—		$	—		$	—
Loss on securities portfolio restructure		—			(65,380	)		—			—			—
Included in noninterest expense
FDIC special assessment		3,800			26,123			—			—			—
PERIOD-END BALANCE SHEET DATA
Loans	$	23,970,938		$	23,921,917		$	23,983,679		$	23,789,886		$	23,404,523
Securities		7,559,182			7,599,974			7,916,101			8,195,679			8,390,684
Earning assets		31,985,610			32,175,097			32,733,591			32,715,630			34,106,792
Total assets		35,247,119			35,578,573			36,298,301			36,210,148			37,547,083
Noninterest-bearing deposits		10,802,127			11,030,515			11,626,371			12,171,817			12,860,027
Total deposits		29,775,906			29,690,059			30,320,337			30,043,501			29,613,070
Common stockholders' equity		3,853,436			3,803,661			3,501,003			3,554,476			3,531,232
AVERAGE BALANCE SHEET DATA
Loans	$	23,810,163		$	23,795,681		$	23,830,724		$	23,654,994		$	23,086,529
Securities (b)		8,197,410			8,579,444			8,888,477			9,007,821			9,137,034
Earning assets		32,556,821			33,128,130			33,137,565			33,619,829			32,753,781
Total assets		35,101,869			35,538,300			35,626,927			36,205,396			35,159,050
Noninterest-bearing deposits		10,673,060			11,132,354			11,453,236			12,153,453			12,963,133
Total deposits		29,560,956			29,974,941			29,757,180			29,372,899			28,792,851
Common stockholders' equity		3,818,840			3,560,978			3,572,487			3,567,260			3,412,813
COMMON SHARE DATA
Earnings per share - diluted	$	1.24		$	0.58		$	1.12		$	1.35		$	1.45
Cash dividends per share		0.30			0.30			0.30			0.30			0.30
Book value per share (period-end)		44.49			44.05			40.64			41.27			41.03
Tangible book value per share (period-end)		34.12			33.63			30.16			30.76			30.47
Weighted average number of shares - diluted		86,726			86,604			86,437			86,370			86,282
Period-end number of shares		86,622			86,345			86,148			86,123			86,066
Market data
High sales price	$	49.10		$	49.65		$	45.15		$	43.73		$	54.38
Low sales price		41.19			32.16			35.34			31.02			34.42
Period-end closing price		46.04			48.59			36.99			38.38			36.40
Trading volume		30,508			38,574			34,506			38,854			39,030
PERFORMANCE RATIOS
Return on average assets		1.24	%		0.56	%		1.09	%		1.30	%		1.46	%
Return on average common equity		11.44	%		5.64	%		10.85	%		13.24	%		15.03	%
Return on average tangible common equity		14.96	%		7.55	%		14.53	%		17.76	%		20.49	%
Tangible common equity ratio (c)		8.61	%		8.37	%		7.34	%		7.50	%		7.16	%
Net interest margin (TE)		3.32	%		3.27	%		3.27	%		3.30	%		3.55	%
Noninterest income as a percentage of total revenue (TE)		24.62	%		12.51	%		24.01	%		23.21	%		21.83	%
Efficiency ratio (d)		56.44	%		55.58	%		56.38	%		55.33	%		53.76	%
Average loan/deposit ratio		80.55	%		79.39	%		80.08	%		80.53	%		80.18	%
Allowance for loan losses as a percentage of period-end loans		1.31	%		1.29	%		1.28	%		1.32	%		1.32	%
Allowance for credit losses as a percentage of period-end loans (e)		1.42	%		1.41	%		1.40	%		1.45	%		1.46	%
Annualized net charge-offs to average loans		0.15	%		0.27	%		0.64	%		0.06	%		0.10	%
Allowance for loan losses as a % of nonaccrual loans		382.21	%		521.56	%		507.68	%		402.07	%		569.31	%
FTE headcount		3,564			3,591			3,681			3,705			3,679
(a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.
(b) Average securities does not include unrealized holding gains/losses on available for sale securities.
(c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets.
(d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosures noted above.
(e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments.

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HANCOCK WHITNEY CORPORATION
INCOME STATEMENT
(Unaudited)
	Three Months Ended
(in thousands, except per share data)	3/31/2024			12/31/2023			9/30/2023			6/30/2023			3/31/2023
NET INCOME
Interest income	$	421,684		$	426,794		$	415,827		$	405,273		$	372,603
Interest income (TE) (f)		424,514			429,628			418,679			408,110			375,187
Interest expense		155,513			157,334			146,593			131,362			87,609
Net interest income (TE)		269,001			272,294			272,086			276,748			287,578
Provision for credit losses		12,968			16,952			28,498			7,633			6,020
Noninterest income		87,851			38,951			85,974			83,225			80,330
Noninterest expense		207,722			229,151			204,675			202,138			200,884
Income before income taxes		133,332			62,308			122,035			147,365			158,420
Income tax expense		24,720			11,705			24,297			29,571			31,953
Net income	$	108,612		$	50,603		$	97,738		$	117,794		$	126,467
Supplemental disclosure items - included above, pre-tax
Included in noninterest income
Gain on sale of parking facility	$	—		$	16,126		$	—		$	—		$	—
Loss on securities portfolio restructure		—			(65,380	)		—			—			—
Included in noninterest expense
FDIC special assessment		3,800			26,123			—			—			—
NONINTEREST INCOME
Service charges on deposit accounts	$	22,239		$	21,643		$	22,264		$	21,491		$	20,622
Trust fees		17,077			16,845			16,593			17,393			16,734
Bank card and ATM fees		20,622			20,708			20,555			20,982			20,721
Investment and annuity fees and insurance commissions		11,844			11,086			8,520			8,241			8,867
Secondary mortgage market operations		2,891			2,083			2,609			2,299			2,168
Securities transactions, net		—			(65,380	)		—			—			—
Other income		13,178			31,966			15,433			12,819			11,218
Total noninterest income	$	87,851		$	38,951		$	85,974		$	83,225		$	80,330
NONINTEREST EXPENSE
Personnel expense	$	121,157		$	114,342		$	116,266		$	114,864		$	115,323
Net occupancy and equipment expense		17,623			17,523			18,210			17,750			16,942
Other real estate and foreclosed assets (income) expense, net		(196	)		(471	)		(26	)		(282	)		155
Other expense		66,612			95,085			67,412			66,849			65,350
Amortization of intangibles		2,526			2,672			2,813			2,957			3,114
Total noninterest expense	$	207,722		$	229,151		$	204,675		$	202,138		$	200,884
COMMON SHARE DATA
Earnings per share:
Basic	$	1.25		$	0.58		$	1.12		$	1.35		$	1.45
Diluted		1.24			0.58			1.12			1.35			1.45
(f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.

8

HANCOCK WHITNEY CORPORATION
PERIOD-END BALANCE SHEET
(Unaudited)
(dollars in thousands)	3/31/2024			12/31/2023			9/30/2023			6/30/2023			3/31/2023
ASSETS
Commercial non-real estate loans	$	9,926,333		$	9,957,284		$	10,075,585		$	10,113,932		$	10,013,482
Commercial real estate - owner occupied loans		3,080,192			3,093,763			3,081,327			3,058,829			3,050,748
Total commercial and industrial loans		13,006,525			13,051,047			13,156,912			13,172,761			13,064,230
Commercial real estate - income producing loans		4,042,797			3,986,943			4,027,553			3,762,428			3,758,455
Construction and land development loans		1,541,773			1,551,091			1,614,846			1,768,252			1,726,916
Residential mortgage loans		3,983,321			3,886,072			3,721,106			3,581,514			3,329,793
Consumer loans		1,396,522			1,446,764			1,463,262			1,504,931			1,525,129
Total loans		23,970,938			23,921,917			23,983,679			23,789,886			23,404,523
Loans held for sale		16,470			26,124			15,862			55,902			23,436
Securities		7,559,182			7,599,974			7,916,101			8,195,679			8,390,684
Short-term investments		439,020			627,082			817,949			674,163			2,288,149
Earning assets		31,985,610			32,175,097			32,733,591			32,715,630			34,106,792
Allowance for loan losses		(313,726	)		(307,907	)		(306,291	)		(314,496	)		(309,385	)
Goodwill and other intangible assets		897,564			900,090			902,762			905,575			908,533
Other assets		2,677,671			2,811,293			2,968,239			2,903,439			2,841,143
Total assets	$	35,247,119		$	35,578,573		$	36,298,301		$	36,210,148		$	37,547,083
LIABILITIES
Noninterest-bearing deposits	$	10,802,127		$	11,030,515		$	11,626,371		$	12,171,817		$	12,860,027
Interest-bearing transaction and savings deposits		10,954,231			10,659,970			10,668,241			10,438,820			10,660,420
Interest-bearing public fund deposits		3,066,270			3,143,015			2,853,236			2,925,432			3,086,209
Time deposits		4,953,278			4,856,559			5,172,489			4,507,432			3,006,414
Total interest-bearing deposits		18,973,779			18,659,544			18,693,966			17,871,684			16,753,043
Total deposits		29,775,906			29,690,059			30,320,337			30,043,501			29,613,070
Short-term borrowings		667,760			1,154,829			1,425,928			1,629,538			3,519,497
Long-term debt		236,355			236,317			236,279			236,241			242,115
Other liabilities		713,662			693,707			814,754			746,392			641,169
Total liabilities		31,393,683			31,774,912			32,797,298			32,655,672			34,015,851
COMMON STOCKHOLDERS' EQUITY
Common stock net of treasury and capital surplus		2,049,215			2,049,184			2,044,611			2,037,258			2,030,136
Retained earnings		2,457,736			2,375,604			2,351,386			2,280,004			2,188,561
Accumulated other comprehensive (loss)		(653,515	)		(621,127	)		(894,994	)		(762,786	)		(687,465	)
Total common stockholders' equity		3,853,436			3,803,661			3,501,003			3,554,476			3,531,232
Total liabilities & stockholders' equity	$	35,247,119		$	35,578,573		$	36,298,301		$	36,210,148		$	37,547,083
CAPITAL RATIOS
Tangible common equity	$	2,955,872		$	2,903,571		$	2,598,241		$	2,648,901		$	2,622,699
Tier 1 capital (g)		3,651,927			3,584,474			3,552,824			3,471,066			3,369,351
Common equity as a percentage of total assets		10.93	%		10.69	%		9.65	%		9.82	%		9.40	%
Tangible common equity ratio		8.61	%		8.37	%		7.34	%		7.50	%		7.16	%
Leverage (Tier 1) ratio (g)		10.49	%		10.10	%		10.01	%		9.64	%		9.63	%
Common equity tier 1 (CET1) ratio (g)		12.67	%		12.33	%		12.06	%		11.83	%		11.60	%
Tier 1 risk-based capital ratio (g)		12.67	%		12.33	%		12.06	%		11.83	%		11.60	%
Total risk-based capital ratio (g)		14.37	%		13.93	%		13.63	%		13.44	%		13.21	%
(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.

9

HANCOCK WHITNEY CORPORATION
AVERAGE BALANCE SHEET
(Unaudited)
	Three Months Ended
(in thousands)	3/31/2024			12/31/2023			3/31/2023
ASSETS
Commercial non-real estate loans	$	9,806,126		$	9,880,704		$	9,940,138
Commercial real estate - owner occupied loans		3,082,085			3,087,301			3,044,495
Total commercial and industrial loans		12,888,211			12,968,005			12,984,633
Commercial real estate - income producing loans		3,989,675			3,965,280			3,585,108
Construction and land development loans		1,553,093			1,615,599			1,752,448
Residential mortgage loans		3,963,030			3,803,702			3,214,439
Consumer loans		1,416,154			1,443,095			1,549,901
Total loans		23,810,163			23,795,681			23,086,529
Loans held for sale		15,441			12,347			22,922
Securities (h)		8,197,410			8,579,444			9,137,034
Short-term investments		533,807			740,658			507,296
Earning assets		32,556,821			33,128,130			32,753,781
Allowance for loan losses		(311,649	)		(307,434	)		(309,479	)
Goodwill and other intangible assets		898,781			901,377			910,043
Other assets		1,957,916			1,816,227			1,804,705
Total assets	$	35,101,869		$	35,538,300		$	35,159,050
LIABILITIES AND COMMON STOCKHOLDERS' EQUITY
Noninterest-bearing deposits	$	10,673,060		$	11,132,354		$	12,963,133
Interest-bearing transaction and savings deposits		10,803,196			10,681,936			10,650,434
Interest-bearing public fund deposits		3,119,406			2,896,317			3,160,651
Time deposits		4,965,294			5,264,334			2,018,633
Total interest-bearing deposits		18,887,896			18,842,587			15,829,718
Total deposits		29,560,956			29,974,941			28,792,851
Short-term borrowings		783,990			993,810			2,098,629
Long-term debt		236,336			236,298			242,096
Other liabilities		701,747			772,273			612,661
Common stockholders' equity		3,818,840			3,560,978			3,412,813
Total liabilities & stockholders' equity	$	35,101,869		$	35,538,300		$	35,159,050
(h) Average securities does not include unrealized holding gains/losses on available for sale securities.

10

HANCOCK WHITNEY CORPORATION
AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY
(Unaudited)
	Three Months Ended
	3/31/2024							12/31/2023							3/31/2023
(dollars in millions)	Average  Balance		Interest		Rate			Average   Balance		Interest		Rate			Average  Balance		Interest			Rate
AVERAGE EARNING ASSETS
Commercial & real estate loans (TE) (i)	$	18,431.0	$	295.7		6.45	%	$	18,548.9	$	297.6		6.37	%	$	18,322.2	$	259.1			5.73	%
Residential mortgage loans		3,963.0		36.9		3.72	%		3,803.7		35.2		3.70	%		3,214.4		28.1			3.49	%
Consumer loans		1,416.2		31.3		8.88	%		1,443.1		31.9		8.79	%		1,549.9		29.2			7.63	%
Loan fees & late charges		—		1.0		0.00	%		—		1.4		0.00	%		—		(0.4	)		0.00	%
Total loans (TE) (j) (k)		23,810.2		364.9		6.16	%		23,795.7		366.1		6.11	%		23,086.5		316.0			5.54	%
Loans held for sale		15.4		0.3		7.90	%		12.3		0.3		8.52	%		22.9		0.3			5.21	%
US Treasury and government agency securities		515.6		3.5		2.69	%		654.1		5.2		3.18	%		541.3		3.4			2.49	%
CMOs and mortgage backed securities		6,792.5		42.4		2.50	%		7,031.9		41.2		2.34	%		7,668.0		43.3			2.26	%
Municipals (TE)		865.8		6.4		2.96	%		870.0		6.5		2.97	%		904.3		6.7			2.98	%
Other securities		23.5		0.2		3.51	%		23.4		0.2		3.51	%		23.5		0.2			3.50	%
Total securities (TE) (l)		8,197.4		52.5		2.56	%		8,579.4		53.1		2.47	%		9,137.1		53.6			2.35	%
Total short-term investments		533.8		6.8		5.11	%		740.7		10.1		5.43	%		507.3		5.3			4.27	%
Average earning assets yield (TE)	$	32,556.8	$	424.5		5.24	%	$	33,128.1	$	429.6		5.16	%	$	32,753.8	$	375.2			4.63	%
INTEREST-BEARING LIABILITIES
Interest-bearing transaction and savings deposits	$	10,803.2	$	60.1		2.24	%	$	10,681.9	$	56.9		2.11	%	$	10,650.4	$	27.3			1.04	%
Time deposits		4,965.3		59.1		4.79	%		5,264.3		62.4		4.71	%		2,018.6		13.4			2.70	%
Public funds		3,119.4		28.3		3.65	%		2,896.3		26.8		3.68	%		3,160.7		23.7			3.04	%
Total interest-bearing deposits		18,887.9		147.5		3.14	%		18,842.5		146.1		3.08	%		15,829.7		64.4			1.65	%
Short-term borrowings		784.0		5.0		2.55	%		993.8		8.1		3.24	%		2,098.6		20.1			3.88	%
Long-term debt		236.3		3.0		5.19	%		236.3		3.1		5.19	%		242.1		3.1			5.11	%
Total borrowings		1,020.3		8.0		3.16	%		1,230.1		11.2		3.62	%		2,340.7		23.2			4.00	%
Total interest-bearing liabilities cost		19,908.2		155.5		3.14	%		20,072.6		157.3		3.11	%		18,170.4		87.6			1.95	%
Net interest-free funding sources		12,648.6							13,055.5							14,583.4
Total cost of funds		32,556.8		155.5		1.92	%		33,128.1		157.3		1.88	%		32,753.8		87.6			1.08	%
Net Interest Spread (TE)			$	269.0		2.10	%			$	272.3		2.05	%			$	287.6			2.67	%
Net Interest Margin (TE)	$	32,556.8	$	269.0		3.32	%	$	33,128.1	$	272.3		3.27	%	$	32,753.8	$	287.6			3.55	%
(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 $0.3 million, $0.4 million and $0.8 million for the three months ended March 31, 2024, December 31, 2023, and March 31, 2023, respectively.
(l) Average securities does not include unrealized holding gains/losses on available for sale securities.

11

HANCOCK WHITNEY CORPORATION
ASSET QUALITY INFORMATION
(Unaudited)
	Three Months Ended
(dollars in thousands)	3/31/2024			12/31/2023			9/30/2023			6/30/2023			3/31/2023
Nonaccrual loans (m)	$	82,082		$	59,036		$	60,331		$	78,220		$	54,344
ORE and foreclosed assets		2,793			3,628			4,527			2,174			1,976
Total nonaccrual loans + ORE and foreclosed assets	$	84,875		$	62,664		$	64,858		$	80,394		$	56,320
Nonaccrual loans as a percentage of loans		0.34	%		0.25	%		0.25	%		0.33	%		0.23	%
Nonaccrual loans + ORE and foreclosed assets as a % of loans, ORE and foreclosed assets		0.35	%		0.26	%		0.27	%		0.34	%		0.24	%
Accruing loans 90 days past due	$	7,938		$	9,609		$	24,170		$	7,552		$	13,155
Accruing loans 90 days past due as a percentage of loans		0.03	%		0.04	%		0.10	%		0.03	%		0.06	%
Modified/restructured loans - still accruing (n)
Modified loans - still accruing	$	37,425		$	24,448		$	28,849		$	1,010		$	10
Modified loans - still accruing as a % of loans		0.16	%		0.10	%		0.12	%		0.00	%		0.00	%
PROVISION AND ALLOWANCE FOR CREDIT LOSSES:
Allowance for Loan Losses:
Beginning balance	$	307,907		$	306,291		$	314,496		$	309,385		$	307,789
Provision for loan losses		14,799			17,671			30,045			8,487			7,315
Charge-offs		(23,366	)		(19,601	)		(41,234	)		(6,616	)		(7,972	)
Recoveries		14,386			3,546			2,984			3,240			2,253
Net charge-offs		(8,980	)		(16,055	)		(38,250	)		(3,376	)		(5,719	)
Ending Balance	$	313,726		$	307,907		$	306,291		$	314,496		$	309,385
Reserve for Unfunded Lending Commitments:
Beginning balance	$	28,894		$	29,613		$	31,160		$	32,014		$	33,309
Provision for losses on unfunded lending commitments		(1,831	)		(719	)		(1,547	)		(854	)		(1,295	)
Ending balance	$	27,063		$	28,894		$	29,613		$	31,160		$	32,014
Total allowance for credit losses	$	340,789		$	336,801		$	335,904		$	345,656		$	341,399
Total provision for credit losses	$	12,968		$	16,952		$	28,498		$	7,633		$	6,020
Allowance for loan losses as a percentage of period-end loans		1.31	%		1.29	%		1.28	%		1.32	%		1.32	%
Allowance for credit losses as a percentage of period-end loans		1.42	%		1.41	%		1.40	%		1.45	%		1.46	%
Allowance for loan losses as a % of nonaccrual loans		382.21	%		521.56	%		507.68	%		402.07	%		569.31	%
NET CHARGE-OFF INFORMATION
Net charge-offs (recoveries)
Commercial & real estate loans	$	5,254		$	12,747		$	35,506		$	1,233		$	3,355
Residential mortgage loans		(146	)		(388	)		(383	)		(291	)		(161	)
Consumer loans		3,872			3,696			3,127			2,434			2,525
Total net charge-offs	$	8,980		$	16,055		$	38,250		$	3,376		$	5,719
Net charge-offs (recoveries) as a percentage of average loans:
Commercial & real estate loans		0.11	%		0.27	%		0.75	%		0.03	%		0.07	%
Residential mortgage loans		(0.01	)%		(0.04	)%		(0.04	)%		(0.03	)%		(0.02	)%
Consumer loans		1.10	%		1.02	%		0.84	%		0.64	%		0.66	%
Total net charge-offs as a percentage of average loans:		0.15	%		0.27	%		0.64	%		0.06	%		0.10	%
AVERAGE LOANS
Commercial & real estate loans	$	18,430,979		$	18,548,884		$	18,678,969		$	18,670,814		$	18,322,189
Residential mortgage loans		3,963,030			3,803,702			3,669,922			3,469,030			3,214,439
Consumer loans		1,416,154			1,443,095			1,481,833			1,515,150			1,549,901
Total average loans	$	23,810,163		$	23,795,681		$	23,830,724		$	23,654,994		$	23,086,529
(m) Included in nonaccrual loans are nonaccruing modified loans to borrowers experiencing financial difficulties totaling $0.2 million at March 31, 2024, less than $0.1 million at both December 31, 2023 and September 30, 2023, and $1.6 million at both June 30, 2023 and March 31, 2023.

12

HANCOCK WHITNEY CORPORATION
Appendix A to the Earnings Release
Reconciliation of Non-GAAP Measure
(Unaudited)
PRE-PROVISION NET REVENUE (TE) AND ADJUSTED PRE-PROVISION NET REVENUE (TE)
	Three Months Ended
(in thousands)	3/31/2024			12/31/2023			9/30/2023			6/30/2023			3/31/2023
Net Income (GAAP)	$	108,612		$	50,603		$	97,738		$	117,794		$	126,467
Provision for credit losses		12,968			16,952			28,498			7,633			6,020
Income tax expense		24,720			11,705			24,297			29,571			31,953
Pre-provision net revenue		146,300			79,260			150,533			154,998			164,440
Taxable equivalent adjustment (n)		2,830			2,834			2,852			2,837			2,584
Pre-provision net revenue (TE)		149,130			82,094			153,385			157,835			167,024
Adjustments from supplemental disclosure items
Gain on sale of parking facility		—			(16,126	)		—			—			—
Loss on securities portfolio restructure		—			65,380			—			—			—
FDIC special assessment		3,800			26,123			—			—			—
Adjusted pre-provision net revenue (TE)	$	152,930		$	157,471		$	153,385		$	157,835		$	167,024
REVENUE (TE), ADJUSTED REVENUE (TE) AND EFFICIENCY RATIO
	Three Months Ended
(in thousands)	3/31/2024			12/31/2023			9/30/2023			6/30/2023			3/31/2023
Net interest income	$	266,171		$	269,460		$	269,234		$	273,911		$	284,994
Noninterest income		87,851			38,951			85,974			83,225			80,330
Total GAAP revenue		354,022			308,411			355,208			357,136			365,324
Taxable equivalent adjustment (n)		2,830			2,834			2,852			2,837			2,584
Total revenue (TE)		356,852			311,245			358,060			359,973			367,908
Adjustments from supplemental disclosure items
Gain on sale of parking facility		—			(16,126	)		—			—			—
Loss on securities portfolio restructure		—			65,380			—			—			—
Adjusted revenue (TE)	$	356,852		$	360,499		$	358,060		$	359,973		$	367,908
GAAP Noninterest expense	$	207,722		$	229,151		$	204,675		$	202,138		$	200,884
Amortization of Intangibles		(2,526	)		(2,672	)		(2,813	)		(2,957	)		(3,114	)
Adjustments from supplemental disclosure items
FDIC special assessment		(3,800	)		(26,123	)		—			—			—
Adjusted noninterest expense for efficiency	$	201,396		$	200,356		$	201,862		$	199,181		$	197,770
Efficiency ratio (o)		56.44	%		55.58	%		56.38	%		55.33	%		53.76	%
(n) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.
(o) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items noted above.

13

EX-99.2

First Quarter 2024Earnings Conference Call 4/16/2024 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, Federal Reserve action with respect to interest rates, the impacts related to Russia’s military action in Ukraine, the effects of the Israel-Hamas war, the adequacy of our enterprise risk management framework, potential claims, damages, penalties, fines and reputational damage resulting from pending or future litigation, regulatory proceedings, assessments, and enforcement actions, as well as the impact of negative developments affecting the banking industry and the resulting media coverage; the 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 and non-financial reporting, the financial impact of regulatory requirements and tax reform legislation, 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, increasing insurance costs, 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 presentation is subject to the safe harbor protections set forth in the Private Securities Litigation Reform Act of 1995. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 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 AEA – Average Earning Assets 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 DDA – Noninterest-bearing demand deposit accounts DSCR – Debt Service Coverage Ratio *Efficiency ratio – noninterest expense to total net interest (TE) and noninterest income, excluding amortization of purchased intangibles and other supplemental disclosure items EOP – End of period HNCOCK WHITNEY 3 EPS – Earnings per share Fed - Federal Reserve Bank FF – Federal Funds FHLB – Federal Home Loan Bank FRB-DW – Federal Reserve Bank Discount Window Free Securities – market value of unencumbered investment securities owned by the bank FTE – Full time equivalent FV – Fair Value 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 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 LTV – Loan to value 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 ORE – Other real estate O/N– Overnight Funds PF – Public Funds *PPNR and *Adjusted PPNR – Pre-provision net revenue, defined as net income excluding provision expense and income tax expense, plus the taxable equivalent adjustment; adjusted PPNR is PPNR excluding supplemental disclosure items; also known as adjusted leverage 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 SNC – Shared national credit SOFR – Secured Overnight Financing Rate S2 – Slower growth, downside scenario *Supplemental disclosure items - certain items that are outside of our principal business and/or are not indicative of forward-looking trends; these items are presented below GAAP financial data and excluded from certain adjusted ratios and metrics 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

HWC Nasdaq Listed HNCOCK WHITNEY 4 *Most recent quarter-end regulatory capital ratios preliminary until finalization of our regulatory filings As of March 31, 2024 (Healthcare) (ABL) (Operations) (Trust) $35.2 billion in Total Assets $24.0 billion in Total Loans $29.8 billion in Total Deposits CET1 Ratio 12.67%* TCE Ratio 8.61% $4.0 billion in Market Cap Baa3 Moody’s Long-term issuer rating; stable outlook BBB S&P Long-term issuer rating; stable outlook 182 banking locations Approximately 3,600 (FTE) employees corporate-wide 223 ATMs Corporate Profile

How we do business Our Mission. Each day, we reaffirm our mission to help people achieve their financial goals and dreams. Our Purpose. We work hard to create opportunities for people and the communities we serve—our purpose for doing what we do. Our Promise to Associates. We honor and respect associates with a heartfelt promise: You can grow. You have a voice. You are important. Honor & Integrity We proudly bear a figurative badge symbolizing our steady commitment to do the right thing for the people who depend on and trust us. Strength & Stability We maintain strong capital and solid business practices to anchor the company's financial soundness and offer clients safe harbor for their hard-earned money. Commitment to Service With a firm handshake and compassionate outreach, we pledge exceptional service to our clients and communities every day. Teamwork Like finely tuned gears, we work together to power an organization founded to help people, businesses, and communities succeed.  Personal Responsibility Each of us carries the long-burning light of accountability that leads us to go above and beyond our best.  Our core values.

HWC Strong and Stable for 125 Years Strength to manage through a challenging economic environment Density and market share in resilient deposit markets Stable, seasoned, diversified deposits; ability to organically grow deposits Solid capital levels; continue to build and remain well-capitalized including all unrealized losses Commitment to maintaining a de-risked balance sheet, with a diversified loan portfolio Robust ACL at 1.42% of loans Proven ability of proactively managing expenses Technology projects improve client experience and enhance efficiencies Exceptional, dedicated, committed team of associates

First Quarter 2024 Highlights Net income totaled $108.6 million, or $1.24 per diluted share, compared to $50.6 million, or $0.58 per diluted share in 4Q23 Other supplemental disclosure items in 1Q24 results include a net pretax charge of ($3.8) million, or $0.04 per share, compared to a net pretax charge of ($75.4) million, or $0.68 per share, in 4Q23 (See appendix) Excluding the impact of supplemental disclosure items, adjusted EPS* was $1.28, up $0.02 linked-quarter Adjusted Pre-Provision Net Revenue (PPNR)* totaled $152.9 million, compared to $157.5 million in prior quarter Loans increased $49.0 million, or 1% LQA (See slide 8) Deposits increased $85.8 million, or 1% LQA (See slide 11) Criticized commercial loans and nonaccrual loans continued to normalize (See slide 12) ACL coverage solid at 1.42%, up 1 bp compared to prior quarter (See slide 13) NIM 3.32%, up 5 bps compared to 4Q23 (See slide 15) CET1 ratio estimated at 12.67%, up 34 bps linked-quarter; TCE ratio 8.61%, up 24 bps linked-quarter (See slide 20) Efficiency ratio* 56.44% ($s in millions; except per share data) 1Q24 4Q23 1Q23 Net income $108.6 $50.6 $126.5 Provision for credit losses $13.0 $17.0 $6.0 Supplemental disclosure items ($3.8) ($75.4) ─ Earnings per share – diluted $1.24 $0.58 $1.45 Return on Assets (%) (ROA) 1.24 0.56 1.46 Adjusted ROA (%)* 1.28 1.23 1.46 Return on Tangible Common Equity (%) (ROTCE) 14.96 7.55 20.49 Adjusted ROTCE (%)* 15.37 16.43 20.49 Net Interest Margin (TE) (%) 3.32 3.27 3.55 Net Charge-offs (%) 0.15 0.27 0.10 CET1 Ratio (%)** 12.67 12.33 11.60 Tangible Common Equity (%) 8.61 8.37 7.16 Adjusted Pre-Provision Net Revenue (TE)* $152.9 $157.5 $167.0 Efficiency Ratio (%)* 56.44 55.58 53.76 *Non-GAAP measure: see appendix for non-GAAP reconciliation **Most recent quarter-end regulatory capital ratios preliminary until finalization of our regulatory filings

Loans totaled $24.0 billion, up $49.0 million, or 1% LQA Increase in mortgage loans driven by one-time close product, which convert from construction to mortgage upon construction completion Line utilization impacted by lower availability on commercial non-real estate loans coupled with stable outstanding balances; multi-year low utilization for consumer real-estate secured lines of credit Headwinds to future loan growth: Select appetite in CRE Expect contraction in loan-only transactions over time Disciplined loan pricing Potential economic slowdown Loan Balances Virtually Flat Linked-Quarter Bar Chart

Loan Portfolio Composition Diversified and De-Risked Total Loans Outstanding % of Total Loans Commitment ($s in millions) Commercial non-RE (C&I) $7,781 32.5% $13,664 CRE - owner 2,522 10.5% 2,627 ICRE 3,494 14.6% 3,631 C&D 1,425 5.9% 2,505 Healthcare (1) 2,165 9.0% 2,622 Equipment Finance 999 4.2% 999 Energy 205 0.9% 304 Total Commercial 18,591 77.6% 26,352 Mortgage 3,983 16.6% 3,988 Consumer 1,356 5.6% 3,354 Indirect 41 0.2% 41 Grand Total $23,971 100.0% $33,735         For Information Purposes Only (included in categories above)       Retail (C&I and CRE) $2,059 8.6% $2,474 Hospitality (C&I and CRE) $1,238 5.2% $1,427 Office – ICRE $715 3.0% $753 Office – owner $861 3.6% $888 Multifamily – ICRE $862 3.6% $874 Multifamily – C&D $505 2.1% $1,034 Loan portfolio diverse across a number of segments and industries Conservative underwriting in both type and structure Underwriting efforts focused on resilient industries and on full service client relationships Business banking and consumer loans provide depository relationships and favorable yields SNC Loans totaled $2.75 billion at 3/31/24, 11% of total loans SNC loans generally have businesses/sponsors operating in our market areas that are well known to relationship officers Diverse industry concentrations As of March 31, 2024 (1) $988 million of healthcare loans are C&I, $513 million are CRE-Owner, $549 million are ICRE, and $116 million are C&D

ICRE Segmentation Detail and Key Metrics CRE-Income producing (ICRE) loan portfolio is diversified by asset class, industry and geographic region ICRE 16.9% of total loans and includes a variety of collateral types 86% of total ICRE exposure matures in 2025 or later Office-ICRE exposure down $28 million, or 4% linked-quarter Office buildings tend to be more mid-rise Approximately 30% of office-ICRE loans have medical-related tenants Approximately 95% of office exposure is located within our 5-state footprint (AL, FL, LA, MS, TX) 88% of office-ICRE portfolio (by loan count) has exposure of $5 million or less 91% of office-ICRE exposure has some level of guarantor support (corporate, personal, or both) Multifamily – ICRE and C&D exposure diverse No rent stabilized properties Approximately 85% of multifamily exposure is located within our 5-state footprint (AL, FL, LA, MS, TX) and Nashville, TN 98% of multifamily (ICRE and C&D) exposure has some level of guarantor support (corporate, personal, or both) Total Loans Outstanding % of Total Loans Commitment ($s in millions) Multifamily $862 3.6% $874 Office 715 3.0% 753 Retail 655 2.7% 683 Industrial 654 2.7% 707 Healthcare related properties 480 2.0% 530 Hospitality(1) 475 2.0% 479 Other 151 0.7% 157 Other land loans 31 0.1% 31 1-4 family residential construction 20 0.1% 20 Total ICRE Loans(2) $4,043 16.9% $4,234 As of March 31, 2024 (1) Includes hotel, motel and restaurants (2) Includes ICRE and $549 million healthcare loans outstanding; healthcare loans outstanding primarily included in healthcare related properties, office, and other collateral categories

Growth in Client Deposits; Brokered Deposits Lower Total deposits of $29.8 billion, up $85.8 million, or 1% LQA Brokered deposits decreased due to $195.0 million in maturities during 1Q24 that were not replaced Decrease in noninterest-bearing DDA continued to slow Increase in interest-bearing transactions and savings and retail time deposits due to shift from DDA deposits and competitive rates offered during the quarter Decrease in interest-bearing public funds due to seasonality DDA as a % of total deposits was 36% at 1Q24, down from 37% at 4Q23; for additional details on deposit composition refer to slide 28 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

Criticized Commercial and Nonaccrual Loans Normalize Criticized commercial loans totaled $340 million, or 1.83% of total commercial loans, at March 31, 2024, compared to $274 million, or 1.47% of total commercial loans, in prior quarter Nonaccrual loans totaled $82 million, or 0.34% of total loans, at March 31, 2024, compared to $59 million, or 0.25% of total loans, in prior quarter Criticized commercial and nonaccrual loan levels remain at top quartile of peer group Not experiencing broad signs of weakness among any industry, collateral type, or geography 1.59% 0.23% 1.47% Total Loans $23,405 $23,790 $23,984 $23,922 $23,971 Total Commercial Loans 18,550 18,703 18,799 18,589 18,591 Criticized Commercial Loans 296 302 275 274 340 Nonaccrual Loans 54 78 60 59 82 1.62% 0.33% 1.46% 0.25% 0.25% 1.83% 0.34% $700 $600 $500 $400 $300 $200 $100 $0 3Q20 4Q20 1Q21 2Q21 3Q21 HNCOCK WHITNEY 12 $ in millions

Maintained Solid Reserves Provision for the first quarter of 2024 of $13.0 million, reflects $9.0 million of net charge-offs and a reserve build of $4.0 million Continued normalization in net charge-offs Slight build in reserve coverage, with quarter-end reserve coverage of 1.42% Weighting applied to Moody's February 2024 economic scenarios was 40% baseline and 60% slower growth (S2), unchanged from 4Q23 Given market conditions, scenario mix and weighting captures greater potential for slower near-term economic growth than provided for in the baseline scenario Net Charge-offs Reserve Build / (Release) Total Provision  ($s in millions) 1Q24 4Q23 1Q24 4Q23 1Q24 4Q23 Commercial $5.3 $12.8 $2.0 ($1.3) $7.3 $11.5 Mortgage (0.2) (0.4) 2.2 2.1 2.0 1.7 Consumer 3.9 3.7 (0.2) 0.1 3.7 3.8 Total $9.0 $16.1 $4.0 $0.9 $13.0 $17.0 3/31/2024 12/31/2023 Portfolio ($ in millions) Amount % of Loan and Leases Outstanding Amount % of Loan and Leases Outstanding Commercial $248 1.33% $244 1.31% Mortgage 41 1.03% 39 1.00% Consumer 25 1.81% 25 1.76% Allowance for Loan and Lease Losses (ALLL) $314 1.31% $308 1.29% Reserve for Unfunded Lending Commitments 27 --- 29 --- Allowance for Credit Losses (ACL) $341 1.42% $337 1.41%

Securities Portfolio Restructuring Drives Yield Increase Securities portfolio* totaled $8.2 billion at 3/31/24, flat linked-quarter 68% AFS, 32% HTM at 3/31/24 To reduce OCI volatility and provide flexibility to reposition and/or reprice the hedged assets in a changing rate environment, we have $478 million of FV hedges on $514 million of bonds, or 10% of AFS securities Yield 2.56%, up 9 bps primarily due to portfolio restructure during 4Q23 Premium amortization totaled $6.8 million, down $0.5 million linked-quarter Effective duration 4.5 at 3/31/24, compared to 4.6 at 12/31/23, continues to trend lower after the portfolio restructuring during 4Q23 Net unrealized losses on securities portfolio impacted by higher long-term Treasury yields: 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 3/31/2024 12/31/2023 AFS ($630) ($582) HTM ($217) ($199) Total ($847) ($781) * Excluding unrealized losses and FV hedges adjustment

1Q24 NIM 3.32%, up 5 bps from 4Q23 NIM 3.33% for the month of March 2024 NII (TE) of $269.0 million, compared to $272.3 million prior quarter Decrease in NII driven by lower average earning assets (AEA) and one less day in the quarter; partially offset by more attractive mix of earning assets, stabilization in deposit costs, and lower short-term borrowings Expect that NIM trough was reached in 4Q23; modest expansion in 2024 Assumes three rate cuts of 25 bps each in June, September, and December Headwinds: continued deposit remix (albeit at a slower pace) Tailwinds: anticipated rate cuts and lower deposit costs NIM Expansion Linked-Quarter Cost of Deposits 0.60% 0.50% 0.40% 0.30% 0.20% 0.10% Mar-20 Apr-20 May-20 Jun 20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Mar-21e .59% .41% .33% .29% .25% .21% .20% .19% .17% .17% .13% 3.40% 3.30% 3.20% 3.10% 3.00% 2.90% 2.80% 3Q20 NIM (TE) Impact of Securities 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

New Loan Rates Impacted by Rate Environment $ in millions New Loan Rate* – Fixed 5.95% 6.47% 6.69% 7.46% 7.75% 7.52% New Loan Rate* - Variable 6.40% 7.10% 7.81% 8.28% 8.31% 8.03% * Loan rates represent weighted average coupon rate in the month of origination or first funded balance

Loans Loans totaled $24.0 billion at March 31, 2024 39% fixed, 61% variable (includes hybrid ARMs) 71% of variable loans tied to SOFR 22% of variable loans tied to Wall Street Journal Prime 7% of variable loans tied to other indices Securities Reinvesting principal runoff of approximately $180 million in 2Q24, $208 million in 3Q24, and $204 million in 4Q24 Swaps/Hedges (See slide 32 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 $478 million of pay fixed/receive Fed Effective swaps designated as Fair Value Hedges on $514 million of securities; provides OCI protection and flexibility to reposition and/or reprice the hedged assets in a changing rate environment Deposits Deposits totaled $29.8 billion at March 31, 2024 73% of deposits are MMDA (excludes PF), savings, or DDA Shift in deposit mix continued as interest rates remain elevated 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% Key IRR Metrics IRR Sensitivity Table     HWC   HWC (Hedges Removed)   As of 1Q24 As of 1Q24 Immediate +100 bps 2.1% 3.4% Immediate -100 bps -1.9% -3.2% Gradual +100 bps 1.5% 2.0% Gradual -100 bps -0.5% -1.1% Cycle to date (1Q22-1Q24) Total Deposit Betas 37% IB Deposit Betas 58% Loan Betas 47% Total Deposit Beta (excluding brokered CDs) 36%

Fee Income Flat Linked-Quarter Noninterest income totaled $87.9 million, up $48.9 million, linked-quarter; 1Q24 noninterest income virtually flat with 4Q23 adjusted noninterest income* There were no supplemental disclosure items in 1Q24; 4Q23 included a pretax gain of $16.1 million from sale of Whitney Parking Garage and a $65.4 million loss from bond portfolio restructure Increase in investment and annuity income and insurance due to higher market activity Increase in secondary mortgage fees due to higher origination and sales activity Decrease in other noninterest income due to lower specialty income 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 Noninterest Income Mix 3/31/24 $s in millions *Non-GAAP measure: see appendix for non-GAAP reconciliation

Expenses Well Controlled Noninterest expense totaled $207.7 million, down $21.5 million linked-quarter; adjusted noninterest expense* totaled $203.9 million, virtually unchanged linked-quarter, up less than 1% 1Q24 included $3.8 million FDIC special assessment; 4Q23 included $26.1 million from an FDIC special assessment charge (supplemental disclosure item) Personnel expense increased $6.8 million, or 6% linked-quarter, due to higher incentive expense, lower deferred salaries related to lending activities, and a seasonal increase in benefits costs Other expenses, excluding the supplemental disclosure items, decreased $6.2 million, or 9% linked-quarter, related to lower data processing and professional services expenses 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) Adjusted Noninterest Expense* Mix 3/31/24 $s in millions *Non-GAAP measure: see appendix for non-GAAP reconciliation

Capital Levels Continue to Improve CET1 ratio estimated at 12.67%, up 34 bps linked-quarter Leverage (Tier 1) ratio estimated at 10.49%, up 39 bps linked-quarter TCE ratio 8.61%, up 24 bps linked-quarter No shares repurchased during 1Q24; 5% buyback authority through December 31, 2024 Tangible Common Equity Ratio Leverage Ratio CET1 Ratio and Tier 1 Risked-Based Capital Ratio Total Risk-Based Capital Ratio March 31, 2024* 8.61% 10.49% 12.67% 14.37% December 31, 2023 8.37% 10.10% 12.33% 13.93% September 30, 2023 7.34% 10.01% 12.06% 13.63% June 30, 2023 7.50% 9.64% 11.83% 13.44% March 31, 2023 7.16% 9.63% 11.60% 13.21% TCE Ratio 8.61% CET1 Ratio 12.67% *Most recent quarter-end regulatory capital ratios preliminary until finalization of our regulatory filings

Remain Well Capitalized Including All Unrealized Losses 3/31/2024 As Reported* Inc. AOCI Losses (1) Inc. AOCI + HTM Losses(2) Well Capitalized Minimum Tangible Common Equity Ratio 8.61% 8.61% 8.16% N/A Leverage (Tier 1) Ratio 10.49% 8.98% 8.53% 5.00% CET1 Ratio 12.67% 10.75% 10.17% 6.50% Tier 1 Risked-Based Capital Ratio 12.67% 10.75% 10.17% 8.00% Risk-Based Capital Ratio 14.37% 12.45% 11.88% 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 *Most recent quarter-end regulatory capital ratios preliminary until finalization of our regulatory filings 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

2024 Forward Guidance Guidance Direction 1Q24Actual FY 2024 Outlook Loans (EOP) Unchanged $24.0B Expect EOP loan growth of low single digits from $23.9B at 12/31/23; expect most of 2024 growth in 2H24 Deposits (EOP) Unchanged $29.8B Expect EOP deposit growth of low single digits from $29.7B at 12/31/23 Adjusted Pre-Provision, Net Revenue (PPNR)* Unchanged $152.9MM Expect PPNR to decrease 1%-2% from FY23 adjusted PPNR ($635.7MM); assumes NIM trough reached in 4Q23 with modest expansion going forward in 2024; assumes three rate cuts in 2024 of 25 bps each beginning in June 2024; expect PPNR to decrease 2-3% from FY23 with no rate cuts in 2024 Reserve for Credit Losses Unchanged $340.8MM or 1.42% of total loans Future assumptions in economic forecasts and any change in our own asset quality metrics will drive level of reserves; expect modest charge-offs and provision for 2024 Adjusted Noninterest Income* Unchanged $87.9MM Expect noninterest income to be up 3%-4% from FY23 adjusted noninterest income ($337.7MM) Adjusted Noninterest Expense* Unchanged $203.9MM Expect noninterest expense to be up 3%-4% from FY23 adjusted noninterest expense ($810.7MM) Effective Tax Rate Unchanged 18.5% Approximately 20-21% Efficiency Ratio* Unchanged 56.44% Expect to maintain efficiency ratio within the range of 56-58% for FY24 Corporate Strategic Objectives (CSOs) Long-term operating objectives reviewed/updated annually(assumes fed funds at approximately 4% for 2026) 3 Year Objective (4Q26) 1Q24 Actual ROA (Adjusted)* 1.30 – 1.50% 1.28% TCE ≥ 8% 8.61% ROTCE (Adjusted)* ≥ 18% 15.37% Efficiency Ratio* ≤ 55% 56.44% *Refer to appendix for non-GAAP reconciliations

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

Change   1Q24 4Q23 1Q23 LQ Prior Year EOP Balance Sheet         Loans 23,970.9 23,921.9 23,404.5 49.0 566.4 Securities 7,559.2 7,600.0 8,390.7 (40.8) (831.5) Earning assets 31,985.6 32,175.1 34,106.8 (189.5) (2,121.2) Total assets 35,247.1 35,578.6 37,547.1 (331.5) (2,300.0)             Deposits 29,775.9 29,690.1 29,613.1 85.8 162.8 Short-term borrowings 667.8 1,154.8 3,519.5 (487.0) (2,851.7) Total liabilities 31,393.7 31,774.9 34,015.9 (381.2) (2,622.2) Stockholders' equity 3,853.4 3,803.7 3,531.2 49.7 322.2             Avg Balance Sheet           Loans 23,810.2 23,795.7 23,086.5 14.5 723.7 Securities (1) 8,197.4 8,579.4 9,137.0 (382.0) (939.6) Average earning assets 32,556.8 33,128.1 32,753.8 (571.3) (197.0) Total assets 35,101.9 35,538.3 35,159.0 (436.4) (57.1)             Deposits 29,561.0 29,974.9 28,792.9 (413.9) 768.1 Short-term borrowings 784.0 993.8 2,098.6 (209.8) (1,314.6) Total liabilities 31,283.1 31,977.3 31,746.2 (694.2) (463.1) Stockholders' equity 3,818.8 3,561.0 3,412.8 257.8 406.0             Loan yield 6.16% 6.11% 5.54% 5 bps 62 bps Securities yield 2.56% 2.47% 2.35% 9 bps 21 bps Cost of IB deposits 3.14% 3.08% 1.65% 6 bps 149 bps Loan/Deposit ratio - EOP 80.50% 80.57% 79.03% -7 bps 147 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

Balance Sheet Summary   1Q23 2Q23 3Q23 4Q23 1Q24 Average Loans ($MM) 23,087 23,655 23,831 23,796 23,810 Average Total Securities* ($MM) 9,137 9,008 8,888 8,579 8,197 Average Deposits ($MM) 28,793 29,373 29,757 29,975 29,561 Loan Yield (TE) 5.54% 5.81% 6.01% 6.11% 6.16% Cost of Deposits 0.91% 1.40% 1.74% 1.93% 2.01% Tangible Common Equity Ratio 7.16% 7.50% 7.34% 8.37% 8.61% Balance Sheet Summary   4Q19 1Q20 2Q20 3Q20 4Q20 Average Loans ($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)

EOP Loan Repricing and Maturity ($s in millions) Repricing/Maturity Term (1) Rate Structure 3 months or less 4-12 months 1-3 Years 3-5 Years 5-15 Years Over 15 Years Total Loans (EOP) Variable Rate Fixed Rate Commercial Non-RE $6,388 $248 $1,004 $1,219 $989 $78 $9,926     $6,602 $3,324 CRE-Owner 995 84 227 414 1,330 30 3,080 1,030 2,050 CRE- income producing 2,875 102 341 395 328 2 4,043 2,791 1,252 Construction and land development 1,152 19 54 73 213 31 1,542 1,227 315 Total Commercial $11,410 $453 $1,626 $2,101 $2,860 $141 $18,591 $11,650 $6,941 Residential mortgages 62 99 123 180 1,676 1,843 3,983 1,722 2,261 Consumer 1,174 16 95 89 20 3 1,397 1,152 245 Total Loans $12,646 $569 $1,844 $2,370 $4,556 $1,987 $23,971 $14,524 $9,447   % of Total 53% 2% 8% 10% 19% 8% 100% 61% 39% Weighed Average Rate 7.97% 6.00% 4.80% 5.51% 3.96% 4.30% 6.39% 7.41% 4.73% (1) Based on maturity date for fixed rate loans 85% of variable rate loans reprice in three months or less $1.3 billion of variable rate mortgages, or 9% of total variable rate loans, reprice in 5 to 15 years

Total Loan Rates and Yield Trends $ in millions Total Loan Rate* - Fixed 4.15% 4.28% 4.40% 4.52% 4.64% 4.73% Total Loan Rate* - Variable 6.35% 6.81% 7.19% 7.40% 7.42% 7.41% * Loan rates represent weighted average coupon rate at end of period ** Total loan yield includes impact of cash flow hedges

Maintaining a Seasoned, Stable, Diversified Deposit Base DDAs as a % of total deposits remains among best-in-class at 36% at March 31, 2024 Uninsured deposits (adjusted for collateralized public funds) were 35.4% at March 31, 2024, up 1% linked-quarter The Insured Cash Sweep (ICS) product is available to clients as a way to secure deposits above FDIC limits; balances at March 31, 2024 were $373 million, up from $304 million at December 31, 2023 Repurchase (Repo) agreements are another way for clients to secure deposits; balances at March 31, 2024 were $667 million compared to $454 million at December 31, 2023 Consumer clients comprise 44% of total deposits (51% including wealth), while commercial clients comprise 36% Deposits include $395 million in brokered CDs, down $195 million linked-quarter $195 million matured in February 2024 at 5.35% $395 million at 5.35% matures in May 2024

Currently have approximately $19.3 billion in internal and external sources of liquidity if needed Over $18 billion in remaining net liquidity available at March 31, 2024 Liquidity includes $395 million in brokered CDs at March 31, 2024, down $195 million linked-quarter At March 31, 2024$ in millions TotalSources AmountUsed NetAvailability Internal Sources       Free Securities $ 3,287 $ - $ 3,287 External Sources       FHLB* 6,856 533 6,323 FRB-DW 3,397 - 3,397 Brokered Deposits 4,466 395 4,071 Overnight Fed Funds LOCs 1,259 - 1,259 Total Available Sources of Funding $ 19,265 $ 928 $ 18,337 Strong Liquidity Position; Multiple Sources of Funding Available At March 31, 2024 $ in millions Cash and O/N $ 853 Cash and O/N as a % of Assets 2.4% Cash and O/N + Net Availability $ 19,191 Uninsured Deposits excl. PF Deposits $ 10,539 Cash and O/N + Net Availability to Adj. Uninsured deposits 182.1% * Amount used includes letters of credit (off balance-sheet)

Summary Income Statement ($ in millions, except for per share data) *Non-GAAP measure: see slides 33-35 for non-GAAP reconciliations       Change 1Q24 4Q23 1Q23 LQ Prior Year Net interest income (TE) 269.0 272.3 287.6 (3.3) (18.6) Provision for credit losses 13.0 17.0 6.0 (4.0) 7.0 Noninterest income 87.9 39.0 80.3 48.9 7.6 Noninterest expense 207.7 229.2 200.9 (21.5) 6.8 Income before income tax 133.3 62.3 158.4 71.0 (25.1) Income tax expense 24.7 11.7 31.9 13.0 (7.2) Net income 108.6 50.6 126.5 58.0 (17.9) Adjusted PPNR (TE)* 152.9 157.5 167.0 (4.6) (14.1)             Net income 108.6 50.6 126.5 58.0 (17.9) Net Income allocated to participating securities (0.8) (0.4) (1.4) (0.4) 0.6 Net Income available to common shareholders 107.8 50.2 125.1 57.6 (17.3) Weighted average common shares - diluted (millions) 86.7 86.6 86.3 0.1 0.4 EPS - diluted 1.24 0.58 1.45 0.66 (0.21)             NIM (TE) 3.32% 3.27% 3.55% 5 bps -23 bps ROA 1.24% 0.56% 1.46% 68 bps -22 bps ROE 11.44% 5.64% 15.03% 580 bps -359 bps Efficiency ratio* 56.44% 55.58% 53.76% 86 bps 268 bps

Income Statement Summary (as Adjusted*) *Non-GAAP measure: see slides 33-35 for non-GAAP reconciliations   1Q23 2Q23 3Q23 4Q23 1Q24 Adjusted PPNR (TE)* ($000) 167,024 157,835 153,385 157,471 152,930 Net Interest Income (TE) ($000) 287,578 276,748 272,086 272,294 269,001 Net Interest Margin (TE) 3.55% 3.30% 3.27% 3.27% 3.32% Adjusted Noninterest Income* ($000) 80,330 83,225 85,974 88,205 87,851 Adjusted Noninterest Expense* ($000) 200,884 202,138 204,675 203,028 203,922 Efficiency Ratio* 53.76% 55.33% 56.38% 55.58% 56.44% 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

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 1Q24 Total termination value on remaining active CF hedges is approximately ($94) million as of 3/31/24 Future maturities of existing CF hedges range from December 2025 through March 2028 Fair Value (FV) Hedges $514 million in securities are hedged with $478 million of FV hedges Duration (Market price risk) reduced from approximately 6.6 years to 2.3 years on hedged securities During 1Q24, no FV hedges were terminated Current termination value of FV hedges is approximately $31 million at 3/31/2024 FV hedges become fully effective beginning January 2025 through July 2026; at that point we pay fixed 1.98% and receive the FF effective rate (resulting in these bonds being a variable rate of FF plus 48 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

PPNR (TE) and Adjusted PPNR (TE) Reconciliation   Three Months Ended (in thousands) 1Q24 4Q23 3Q23 2Q23 1Q23 Net Income (GAAP) $108,612 $50,603 $97,738 $ 117,794 $126,467 Provision for credit losses 12,968 16,952 28,498 7,633 6,020 Income tax expense 24,720 11,705 24,297 29,571 31,953 Pre-provision net revenue 146,300 79,260 150,533 154,998 164,440 Taxable equivalent adjustment* 2,830 2,834 2,852 2,837 2,584 Pre-provision net revenue (TE)* 149,130 82,094 153,385 157,835 167,024 Adjustments from supplemental disclosure items Gain on sale of parking facility — (16,126) — — — Loss on securities portfolio restructure — 65,380 — — — FDIC special assessment 3,800 26,123 — — — Adjusted pre-provision net revenue (TE)* $152,930 $157,471 $153,385 $157,835 $167,024 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 $125,660CHANCOCK WHITNEY 31 *Taxable equivalent (TE) amounts are calculated using a federal tax rate of 21% Adjusted Noninterest Income and Noninterest Expense   Three Months Ended (in thousands) 1Q24 4Q23 3Q23 2Q23 1Q23 Noninterest income (GAAP) $87,851 $38,951 $85,974 $83,225 $80,330 Adjustments from supplemental disclosure items Gain on sale of parking facility — (16,126) — — — Loss on securities portfolio restructure — 65,380 — — — Adjusted noninterest income $87,851 $88,205 $85,974 $83,225 $80,330 Noninterest expense (GAAP) $207,722 $229,151 $204,675 $202,138 $200,884 Adjustments from supplemental disclosure items FDIC special assessment (3,800) (26,123) — — — Adjusted noninterest expense $203,922 $203,028 $204,675 $202,138 $200,884

Adjusted Efficiency Ratio   Three Months Ended (in thousands) 1Q24 4Q23 3Q23 2Q23 1Q23 Net interest income $266,171 $269,460 $269,234 $273,911 $284,994 Noninterest income 87,851 38,951 85,974 83,225 80,330 Total GAAP revenue 354,022 308,411 355,208 357,136 365,324 Taxable equivalent adjustment* 2,830 2,834 2,852 2,837 2,584 Total revenue (TE)* 356,852 311,245 358,060 359,973 367,908 Adjustments from supplemental disclosure items Gain on sale of parking facility — (16,126) — — — Loss on securities portfolio restructure — 65,380 — — — Adjusted revenue (TE)* $356,852 $360,499 $358,060 $359,973 $367,908 GAAP Noninterest expense $207,722 $229,151 $204,675 $202,138 $200,884 Amortization of Intangibles (2,526) (2,672) (2,813) (2,957) (3,114) Adjustments from supplemental disclosure items FDIC special assessment (3,800) (26,123) — — — Adjusted noninterest expense less amortization of intangibles $201,396 $200,356 $201,862 $199,181 $197,770 Efficiency Ratio** 56.44% 55.58% 56.38% 55.33% 53.76% *Taxable equivalent (TE) amounts are calculated using a federal tax rate of 21% ** The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and supplemental disclosure items noted above

*Supplemental disclosure items, net of income tax impact calculated using federal tax rate of 21% Adjusted ROA and ROTCE   Three Months Ended (in thousands) 1Q24 4Q23 Average total assets $35,101,869 $35,538,300 Average common stockholders' equity 3,818,840 3,560,978 Average goodwill and other intangible assets (898,781) (901,377) Average tangible common equity 2,920,059 2,659,601 Net income (GAAP) 108,612 50,603 Supplemental disclosure items, net of income tax* 3,002 59,548 Adjusted Net Income $111,614 $110,151 ROA 1.24% 0.56% Adjusted ROA 1.28% 1.23% ROTCE 14.96% 7.55% Adjusted ROTCE 15.37% 16.43% Adjusted Earnings Per Share - Diluted   Three Months Ended (in thousands) 1Q24 4Q23 Net Income (GAAP) $108,612 $50,603 Net income allocated to participating securities (784) (440) Net income available to common shareholders 107,828 50,163 Supplemental disclosure items, net of income tax* 3,002 59,548 Supplemental disclosure items allocated to participating securities (22) (517) Adjusted net income allocated to participating securities $110,808 $109,194 Weighted average common shares - diluted 86,726 86,604 Earnings per share - diluted $1.24 $0.58 Adjusted earnings per share - diluted $1.28 $1.26

First Quarter 2024Earnings Conference Call 4/16/2024 HANCOCK WHITNEY

XML

Document And Entity Information	Apr. 16, 2024
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	Apr. 16, 2024
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