Hancock (HBHC) Posts Earnings Results, Beats Expectations By $0.03 EPS
Hancock (NASDAQ:HBHC) announced its earnings results on Wednesday. The financial services provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03, Briefing.com reports. Hancock had a net margin of 19.08% and a return on equity of 8.27%. During the same period in the previous year, the business earned $0.64 earnings per share.
Hancock (HBHC) opened at $54.45 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.12. Hancock has a 1 year low of $41.05 and a 1 year high of $54.55. The firm has a market cap of $4,561.43, a PE ratio of 21.87, a price-to-earnings-growth ratio of 1.81 and a beta of 0.91.
In other Hancock news, insider Samuel B. Kendricks sold 2,982 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $48.62, for a total transaction of $144,984.84. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.15% of the company’s stock.
Hancock Company Profile
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.
Receive News & Ratings for Hancock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hancock and related companies with MarketBeat.com's FREE daily email newsletter.