Hancock Whitney: Not Ready For A Downgrade Just Yet

Summary

  • Hancock Whitney's stock has seen upside of 17.8% since being rated a 'buy' in June 2023.
  • The bank's balance sheet has improved, with increased deposits and loans, but there have been weaknesses in revenue and profit.
  • Shares are slightly cheap compared to similar banks, but there are cheaper options available. The overall outlook for the company is positive.
  • Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »
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It's never great to see an investment underperform the broader market. But even when this does occur, the end result can be attractive. Consider, for instance, the case of Hancock Whitney (NASDAQ:HWC), a bank holding company based out

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This article was written by

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Daniel is an avid and active professional investor.

He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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