Hancock (HBHC) Issues Earnings Results
Hancock (NASDAQ:HBHC) announced its quarterly earnings results on Wednesday. The financial services provider reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03, Briefing.com reports. The firm had revenue of $277.74 million during the quarter, compared to analysts’ expectations of $282.68 million. Hancock had a net margin of 18.46% and a return on equity of 9.02%. During the same quarter last year, the company earned $0.64 earnings per share.
Hancock (NASDAQ:HBHC) opened at $55.85 on Friday. Hancock has a one year low of $41.05 and a one year high of $56.15. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.12. The stock has a market cap of $4,638.10, a P/E ratio of 22.43, a PEG ratio of 1.84 and a beta of 0.91.
In other news, insider Samuel B. Kendricks sold 2,982 shares of Hancock stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $48.62, for a total value of $144,984.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.15% of the company’s stock.
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Hancock Holding Company is a financial services company that provides a network of service financial choices to the Gulf South region, through its bank subsidiary, Whitney Bank (the Bank), a Mississippi state bank. The Company operates through overall banking operations segment. The Bank operates under brands, such as Hancock Bank in Mississippi, Alabama and Florida, and Whitney Bank in Louisiana and Texas.
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