Equity Analysis /
United States of America

US : Hancock Whitney Corporation - HWC | Reiterate Outperform Following 4Q20 Beat; Increasing PT to $46

    Joseph Yanchunis
    Carl-Harry Doirin
    21 January 2021
    Published byCGS-CIMB

    We are reiterating our Outperform rating on HWC shares following 4Q20 results that exceeded our forecasts and consensus expectations. All in, results were relatively solid and marked by improved credit metrics and a lower than forecast loan loss provision, a stable NIM, solid deposit growth with lo