Hancock Whitney Bank

2510 14th Street
Gulfport, MS 39501

Phone: 1-800-448-8812

Notable Rates APY Vs.Others
Savings 0.01% 2.25% →
1-Year CD 0.10% 2.25% →
2-Year CD 0.15% 2.50% →
5-Year CD 0.30% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Hancock Whitney Bank is an FDIC insured institution located in Gulfport, MS. It was founded in 1899 and has approximately $28.75 billion in assets. Customers can open an account at one of its 225 branches.

FDIC Insured Yes
FDIC Certificate # 12441
Date Established 1899
Assets $28.75 billion
Loans $20.02 billion
Deposits $23.36 billion
Capital $3.32 billion
 

For a more detailed analysis of Hancock Whitney Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 13, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.03% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.02% $1,000 - Learn MoreShow Less
Special: 6 Mo CD
1.80% $1,000 - Learn MoreShow Less
6 Mo CD
1.80% $1,000 - Learn MoreShow Less
Special: 7 Mo CD
1.50% $1,000 - Learn MoreShow Less
12 Mo CD
0.10% $1,000 - Learn MoreShow Less
18 Mo CD
0.11% $1,000 - Learn MoreShow Less
24 Mo CD
0.15% $1,000 - Learn MoreShow Less
30 Mo CD
0.18% $1,000 - Learn MoreShow Less
36 Mo CD
0.20% $1,000 - Learn MoreShow Less
48 Mo CD
0.25% $1,000 - Learn MoreShow Less
60 Mo CD
0.30% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.10% $1,000 - Learn MoreShow Less
Special: 6 Mo FIRA
1.80% $1,000 - Learn MoreShow Less
Special: 7 Mo FIRA
1.50% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.12% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1 $7,499 Learn MoreShow Less

Loan Rates - December 13, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Hancock Whitney Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.625% 3.625% -0.13 ($252) $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to Hancock Whitney Bank
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Branches

Hancock Whitney Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Hancock Whitney Bank Locations


Financial Details

Hancock Whitney Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Hancock Whitney Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Hancock Whitney Bank U.S. Bank Average
6.46% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2019, Hancock Whitney Bank had $218,961,000 in non-current loans and $8,106,000 in owned real estate. To cover these potential losses it had $3,321,992,000 in equity and $195,625,000 in loans loss reserves. That gives it a Texas Ratio of 6.46%.

Return on Equity
Hancock Whitney Bank U.S. Bank Average
10.73% 9.50%

Hancock Whitney Bank has a Return on Equity of 10.73% versus the BestCashCow average of 9.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Hancock Whitney Bank U.S. Bank Average
11.56% 12.76%

Hancock Whitney Bank has a Capitalization of 11.56% versus the BestCashCow average of 12.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Hancock Whitney Bank Balance Sheet Analysis

As of June 30, 2019, Hancock Whitney Bank had assets of $28,747,696,000, loans of $20,016,357,000, and deposits of $23,356,892,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.49 billion
Interest-bearing balances $0.12 billion
Total securities $5.73 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $20.02 billion
Loan loss allowance $0.20 billion
Trading account assets $0.05 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.88 billion
All other assets $1.10 billion
     Total Assets $25.43 billion
LIABILITIES
Total deposits $23.36 billion
      Interest-bearing deposits $15.12 billion
      Deposits held in domestic offices $23.36 billion
      % insured (estimated) 56.26%
Federal funds purchased and repurchase agreements $0.63 billion
Trading liabilities $0.01 billion
Other borrowed funds $1.10 billion
Subordinated debt $0.00 billion
All other liabilities $0.33 billion
      Total Liabilities $25.43 billion
      Shareholders’ Equity $3.32 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.56 billion
Total Interest Expense $0.11 billion
Net interest income $0.44 billion
Provision for loan and lease losses $0.03 billion
Total non interest income $0.14 billion
Total non interest expense $0.35 billion
Pre-tax Net Operating Income $0.21 billion

Bank Loan Profile?

The top three loan types in Hancock Whitney Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Mississippi, Hancock Whitney Bank has a significantly higher percent of Credit Card Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 21.87
Multifamily
Mortgages
2.59
Credit Card Loans 0.47
Consumer Auto Loans 2.97
Small Business Loans 5.16
Construction and Development Loans 5.54
Commercial Real Estate 24.47
Commercial and Industrial Loans 31.74
Farm Loans 0.01

Frequently Asked Questions About Hancock Whitney Bank

Branches and Savings

Is Hancock Whitney Bank FDIC insured?

Yes. It is covered under FDIC Certificate #12441.

Why does Hancock Whitney Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Hancock Whitney Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Hancock Whitney Bank a commercial bank?

Yes

Where are Hancock Whitney Bank locations?

See branch locations nearby.

Is Hancock Whitney Bank open on Saturdays?

Is Hancock Whitney Bank open on Sundays?

What time does Hancock Whitney Bank open?

What time does Hancock Whitney Bank close?

Are Hancock Whitney Bank ATMs Open 24/7?

Do Hancock Whitney Bank ATMs accept cash deposits?

Can Hancock Whitney Bank customers use other ATMs?

Do Hancock Whitney Bank branches have notaries?

Will Hancock Whitney Bank notarize my document?

What address for Hancock Whitney Bank should I put for incoming ACH transfers?

Will the Hancock Whitney Bank branch print checks?

Do Hancock Whitney Bank checks expire?

Does Hancock Whitney Bank require US citizenship to open account?

Can Hancock Whitney Bank close my account?

Does Hancock Whitney Bank Report to credit bureaus?

Does Hancock Whitney Bank Use Equifax?

What is Hancock Whitney Bank's ACH Routing Number?

What is Hancock Whitney Bank's SWIFT code?

Products

Does Hancock Whitney Bank offer mortgages?

Compare mortgage rates here.

Does Hancock Whitney Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Hancock Whitney Bank offer personal loans?

Compare personal loan rates here.

Does Hancock Whitney Bank offer student loans?

Will Hancock Whitney Bank cash a check?

Will Hancock Whitney Bank redeem a savings bond?

Does Hancock Whitney Bank cash savings bonds?

Will Hancock Whitney Bank cash money orders?

Can Hancock Whitney Bank issue a money order?

Does Hancock Whitney Bank do currency exchange?

Background on The Bank

Who owns Hancock Whitney Bank?

How long has Hancock Whitney Bank been around?

Can Hancock Whitney Bank transfer to other banks?

Does Hancock Whitney Bank have quick pay?

Does Hancock Whitney Bank accept rolled coins?

Will Hancock Whitney Bank accept loose change?

Where is Hancock Whitney Bank headquarters?

Customer Reviews for Hancock Whitney Bank


  • August 29, 2019 |

    Since Hancock Bank merged with Whitney Bank, it’s no longer the local bank it once was. Fees, gotcha gimmicks, underhanded surprises... It’s nothing more than another big, ugly, corporate bank looking to maximize shareholder profits rather than care for customers.
    All my money is moving to Navy Federal Credit Union - a financial institution with ethics.

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