# EDGAR Filing Document

**Accession Number:** 0000750577
**File Stem:** 0000950170-23-000812
**Filing Date:** 2023-1
**Character Count:** 163131
**Document Hash:** 3711d50c37f565eb8d1dc09f1a2e5e02
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950170-23-000812.hdr.sgml**: 20230117

**ACCESSION NUMBER**: 0000950170-23-000812

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 46

**CONFORMED PERIOD OF REPORT**: 20230117

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230117

**DATE AS OF CHANGE**: 20230117

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HANCOCK WHITNEY CORP
- **CENTRAL INDEX KEY:** 0000750577
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 640693170
- **STATE OF INCORPORATION:** MS
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36872
- **FILM NUMBER:** 23531557

**BUSINESS ADDRESS:**
- **STREET 1:** ONE HANCOCK WHITNEY PLAZA
- **STREET 2:** P O BOX 4019
- **CITY:** GULFPORT
- **STATE:** MS
- **ZIP:** 39501
- **BUSINESS PHONE:** 5042995208

**MAIL ADDRESS:**
- **STREET 1:** ONE HANCOCK WHITNEY PLAZA
- **STREET 2:** P O BOX 4019
- **CITY:** GULFPORT
- **STATE:** MS
- **ZIP:** 39501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK HOLDING CO
- **DATE OF NAME CHANGE:** 19920703

?xml version="1.0" encoding="ASCII"? 8-K

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

________________

**FORM** 8-K

________________

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)** 

**of the Securities Exchange Act of 1934**

**Date of report (Date of earliest event reported):** January 17, 2023

________________

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; <br>HANCOCK WHITNEY CORPORATION | &nbsp;&nbsp; <br>HANCOCK WHITNEY CORPORATION | &nbsp;&nbsp; <br>HANCOCK WHITNEY CORPORATION | &nbsp;&nbsp; <br>HANCOCK WHITNEY CORPORATION | &nbsp;&nbsp; <br>HANCOCK WHITNEY CORPORATION |
| &nbsp;&nbsp;**(Exact Name of Registrant as Specified in Charter)**<br>________________ | &nbsp;&nbsp;**(Exact Name of Registrant as Specified in Charter)**<br>________________ | &nbsp;&nbsp;**(Exact Name of Registrant as Specified in Charter)**<br>________________ | &nbsp;&nbsp;**(Exact Name of Registrant as Specified in Charter)**<br>________________ | &nbsp;&nbsp;**(Exact Name of Registrant as Specified in Charter)**<br>________________ |
| &nbsp;&nbsp; <br>Mississippi | &nbsp;&nbsp;001-36872 | &nbsp;&nbsp;001-36872 | &nbsp;&nbsp;001-36872 | &nbsp;&nbsp;64-0693170 |
| &nbsp;&nbsp;**(State or Other Jurisdiction**<br>**of Incorporation)** | &nbsp;&nbsp;**(Commission File Number)** | &nbsp;&nbsp;**(Commission File Number)** | &nbsp;&nbsp;**(Commission File Number)** | &nbsp;&nbsp;**(IRS Employer**<br>**Identification No.)** |
| &nbsp;&nbsp; <br>Hancock Whitney Plaza<br>2510 14th Street<br>Gulfport**,** Mississippi<br>**(Address of Principal Executive Offices)** | &nbsp;&nbsp; <br>Hancock Whitney Plaza<br>2510 14th Street<br>Gulfport**,** Mississippi<br>**(Address of Principal Executive Offices)** | &nbsp;&nbsp; <br>Hancock Whitney Plaza<br>2510 14th Street<br>Gulfport**,** Mississippi<br>**(Address of Principal Executive Offices)** | &nbsp;&nbsp;39501<br>**(Zip Code)** | &nbsp;&nbsp;39501<br>**(Zip Code)** |
| &nbsp;&nbsp; <br>**Registrant's telephone number, including area code: (**228**)** 868-4000 | &nbsp;&nbsp; <br>**Registrant's telephone number, including area code: (**228**)** 868-4000 | &nbsp;&nbsp; <br>**Registrant's telephone number, including area code: (**228**)** 868-4000 | &nbsp;&nbsp; <br>**Registrant's telephone number, including area code: (**228**)** 868-4000 | &nbsp;&nbsp; <br>**Registrant's telephone number, including area code: (**228**)** 868-4000 |
| &nbsp;&nbsp; <br>**Securities registered pursuant to Section 12(b) of the Act:** | &nbsp;&nbsp; <br>**Securities registered pursuant to Section 12(b) of the Act:** | &nbsp;&nbsp; <br>**Securities registered pursuant to Section 12(b) of the Act:** | &nbsp;&nbsp; <br>**Securities registered pursuant to Section 12(b) of the Act:** | &nbsp;&nbsp; <br>**Securities registered pursuant to Section 12(b) of the Act:** |
| &nbsp;&nbsp;**Title of Each Class**<br>COMMON STOCK, $3.33 PAR VALUE<br>6.25% SUBORDINATED NOTES | &nbsp;&nbsp;**Title of Each Class**<br>COMMON STOCK, $3.33 PAR VALUE<br>6.25% SUBORDINATED NOTES | &nbsp;&nbsp;**Trading Symbol**<br>HWC<br>HWCPZ | &nbsp;&nbsp;**Trading Symbol**<br>HWC<br>HWCPZ | &nbsp;&nbsp;**Name of Exchange on Which Registered**<br>The NASDAQ Stock Market, LLC<br>The NASDAQ Stock Market, LLC<br>|
| &nbsp;&nbsp; <br>__________________ | &nbsp;&nbsp; <br>__________________ | &nbsp;&nbsp; <br>__________________ | &nbsp;&nbsp; <br>__________________ | &nbsp;&nbsp; <br>__________________ |

---

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17 CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2)

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

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**Item 2.02 Results of Operations and Financial Condition.** 

On January 17, 2023, Hancock Whitney Corporation (the "<u>Company</u>") announced financial results for its fourth quarter ended December 31, 2022. A copy of this press release and the accompanying financial statements are attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 2.02. The press release is available on the Company's website.

The information provided in Item 2.02 of this report, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

**Item 7.01 Regulation FD Disclosure.** 

On January 17, 2023 at 4:00 p.m. (Central Time), the Company intends to hold an investor call and webcast to discuss financial results for the quarter ended December 31, 2022, including the press release. Additional presentation materials relating to such call are furnished hereto as Exhibit 99.2 and are, along with the press release and financial statements, incorporated herein by reference. All information in the press release and presentation materials speak as of the date thereof and the Company does not assume any obligation to update said information in the future. In addition, the Company disclaims any inferences regarding the materiality of such information which otherwise may arise as a result of it furnishing such information under Item 2.02 or Item 7.01 of this Form 8-K.

In accordance with the General Instruction B.2 of Form 8-K, the information presented herein pursuant to Item 2.02, "Results of Operations," and Item 7.01, "Regulation FD," shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "<u>Exchange Act</u>"), nor shall the information be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

**Item 9.01 Financial Statements and Exhibits.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits.

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Exhibit**<br>**Number** | &nbsp;&nbsp;**Description** |
| &nbsp;&nbsp;99.1 | &nbsp;&nbsp;[<u>Press Release dated January 17, 2023 for Quarter Ended December 31, 2022.</u>](hwc-ex99_1.htm) |
| &nbsp;&nbsp;99.2 | &nbsp;&nbsp;[<u>Presentation Slides dated January 17, 2023 (furnished with the Commission as part of this Form 8-K).</u>](hwc-ex99_2.htm) |
| &nbsp;&nbsp;104 | &nbsp;&nbsp;Cover Page Interactive Data File (embedded within the inline XBRL document) |

---

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  |  | **HANCOCK WHITNEY CORPORATION** |
| January 17, 2023 | By:  | /s/ Michael M. Achary |
|  |  | Michael M. Achary |
|  |  | Chief Financial Officer |

---

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## Exhibit 99.1

Exhibit 99.1

---

| | |
|:---|:---|
| ![img88180657_0.jpg](img88180657_0.jpg)  | <br>**FOR IMMEDIATE RELEASE**<br>January 17, 2023 |

---

**For more information**

Trisha Voltz Carlson, EVP, Investor Relations Manager

504.299.5208 or trisha.carlson@hancockwhitney.com

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**Hancock Whitney reports fourth quarter 2022 EPS of $1.65**

GULFPORT, Miss. (January 17, 2023) — Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the fourth quarter of 2022. Net income for the fourth quarter of 2022 totaled $143.8 million, or $1.65 per diluted common share (EPS), compared to $135.4 million, or $1.55 per diluted common share, in the third quarter of 2022. The company reported net income for the fourth quarter of 2021 of $137.7 million, or $1.55 per diluted common share. The fourth quarter of 2021 included ($4.9) million, or ($0.04) per share after-tax, of net nonoperating income items, mostly due to storm-related insurance proceeds.

**Fourth Quarter 2022 Highlights** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Pre-provision net revenue (PPNR) totaled $185.0 million, up $10.3 million, or 6%, linked-quarter

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Total loan growth of $528.5 million, or 9% LQA, exceeded expectations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Criticized commercial loans, down slightly, linked quarter; nonperforming loans, also decreased slightly and both remain at historical low levels

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•ACL coverage remained strong at 1.48%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Deposits increased $119.1 million, or 2% LQA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•NIM increased 14 basis points (bps) to 3.68%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•CET1 ratio estimated at 11.37%, up 27 bps; TCE ratio 7.09%, up 36 bps

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Efficiency ratio improved to 49.81%

"We are exceptionally proud of our team and the company's performance in 2022," said John M. Hairston, President & CEO. "The results reveal not only progress made this year, but also the culmination of decisions made the last several years to better position the company. Today's results, for both the quarter and the year, reflect a company positioned well for today's economic environment. Credit metrics are at historically low levels; initiatives executed in 2020 through 2022 helped drive an efficiency ratio below 50% in the fourth quarter; new bankers hired over the past 18 months should help attract and enhance relationships in growth markets; we have proven our ability to proactively manage expenses and are introducing technology focused on scalability and effectiveness; capital remains solid and our balance sheet is de-risked and positioned well for today's rapidly changing rate environment. With year over year earnings up $61 million, PPNR up $103.5 million, net loan growth up $2.0 billion, NIM up 31 basis points and an efficiency ratio in the low 50s, we view 2022 as a successful year."

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**Loans**

Total loans were $23.1 billion at December 31, 2022, up $528.5 million, or 2%, from September 30, 2022. Improving line utilization contributed to growth in markets and lines of business. One-time closure products drove the increase in mortgage loans, while limits on growth in commercial real estate (CRE) loans due to today's economic environment led to an overall decline in CRE.

Average loans totaled $22.7 billion for the fourth quarter of 2022, up $584.5 million, or 3%, linked-quarter. Management expects total loan growth to be in the range of low- to mid-single digits at year-end 2023.

**Deposits**

Total deposits at December 31, 2022 were $29.1 billion, up $119.1 million, or less than 1%, from September 30, 2022. The increase in deposits is primarily due to expected seasonal inflows, which typically begin to runoff in the first quarter of each year. Commercial client deployment of excess liquidity drove a decline in DDA, while competitive rates on certain deposit products led to a slight shift from no and low cost deposits to higher rate money market and time deposit (CD) products.

DDAs totaled $13.6 billion at December 31, 2022, down $645.7 million, or 5%, from September 30, 2022 and comprised 47% of total period-end deposits. Interest-bearing transaction and savings deposits totaled $10.7 billion at the end of the fourth quarter of 2022, a decrease of $175.7 million, or 2%, linked-quarter. Compared to September 30, 2022, time deposits of $1.5 billion were up $492.6 million, or 51%. Interest-bearing public fund deposits increased $447.9 million, or 16%, linked-quarter, ending December 31, 2022 at $3.2 billion.

Average deposits for the fourth quarter of 2022 were $28.8 billion, down $364.3 million, or 1%,linked-quarter. Management expects 2023 period-end deposit level growth to be flat to low single digits compared to year-end 2022.

**Asset Quality**

The total allowance for credit losses (ACL) was $341.1 million at December 31, 2022, up slightly from September 30, 2022. During the fourth quarter of 2022, the company recorded a provision for credit losses of $2.5 million, compared to a provision of $1.4 million in the third quarter of 2022. There were $1.0 million of net charge-offs in the fourth quarter of 2022, or 0.02% of average total loans on an annualized basis, compared to net charge-offs of $1.3 million, or 0.02% of average total loans in the third quarter of 2022. The ratio of ACL to period-end loans was 1.48% at December 31, 2022, down slightly from 1.50% at September 30, 2022.

The company's overall asset quality metrics currently sit near historically low levels, with criticized commercial loans and total nonperforming loans both remaining relatively flat linked-quarter. Criticized commercial loans totaled $301.9 million, or 1.64% of total commercial loans, at December 31, 2022, compared to $304.4 million, or 1.68% of total loans at September 30, 2022. Nonperforming assets (NPAs) totaled $42.9 million at December 31, 2022, down 2% from September 30, 2022. During the fourth quarter of 2022, total nonperforming loans decreased $0.8 million, or 2%, while ORE and foreclosed assets were virtually unchanged, linked-quarter. Nonperforming assets as a percent of total loans, ORE and other foreclosed assets was 0.19% at December 31, 2022, unchanged from September 30, 2022.

**Net Interest Income and Net Interest Margin (NIM)**

Net interest income (TE) for the fourth quarter of 2022 was $298.1 million, an increase of $15.2 million, or 5%, from the third quarter of 2022. The net interest margin (NIM) (TE) was 3.68% in the fourth quarter of 2022, up 14 bps linked-quarter. Continued changes related to the recent

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Fed increases in rates and a shift in the mix of earning assets led to a 52 basis point improvement in the NIM that was partly offset by the impact from a higher cost of funds (-37 bps) and forgiveness of PPP loans (-1 bp). Additional NIM detail and guidance is included in the fourth quarter of 2022 earnings investor deck.

Average earning assets were $32.2 billion for the fourth quarter of 2022, up $460.9 million, or 1%, from the third quarter of 2022. The increase reflects the loan growth experienced during the quarter.

**Noninterest Income**

Noninterest income totaled $77.1 million for the fourth quarter of 2022, down $8.3 million, or 10%, from the third quarter of 2022.

Service charges on deposits were down $1.0 million, or 5%, from the third quarter of 2022. The decline was related, in part, to the elimination of certain nonsufficient funds (NSF) and overdraft (OD) fees effective December 1, 2022. As noted previously, the annual impact from the elimination of these fees is expected to approximate $10-$11 million.

Bankcard and ATM fees were down $0.5 million, or 2%, from the third quarter of 2022. Investment and annuity income and insurance fees were up $0.3 million, or 5%, linked-quarter. Trust fees were up $0.4 million, or 3% linked-quarter.

Fees from secondary mortgage operations totaled $1.5 million for the fourth quarter of 2022, down $1.8 million, or 54%, linked-quarter. The decline in secondary mortgage fees is due to lower activity driven by the current rate environment and less loans sold in the secondary market.

Other noninterest income totaled $9.1 million, down $5.7 million, or 39%, from the third quarter of 2022. The decline in other noninterest income reflects a lower level of specialty fees, including BOLI, derivatives and SBIC income compared to the third quarter of 2022.

**Noninterest Expense & Taxes**

Noninterest expense totaled $190.2 million, down $3.3 million, or 2% linked-quarter.

Personnel expense totaled $119.1 million in the fourth quarter of 2022, flat linked-quarter. Occupancy and equipment expense totaled $16.9 million in the fourth quarter of 2022, virtually unchanged from the third quarter of 2022. Amortization of intangibles totaled $3.3 million for the fourth quarter of 2022, down $0.2 million, or 5%, linked-quarter.

Gains on sales of ORE and other foreclosed assets exceeded related expenses by $773 thousand in the fourth quarter of 2022 and $1.8 million in the third quarter of 2022.

Other operating expense totaled $51.6 million in the fourth quarter of 2022, down $4.4 million, or 8%, linked-quarter. The decrease in other expenses is primarily due to storm-related gains.

The effective income tax rate for fourth quarter 2022 was 20.1%.

**Capital**

Common stockholders' equity at December 31, 2022 totaled $3.3 billion, down $162.2 million, or 5%, from September 30, 2022. The tangible common equity (TCE) ratio was 7.09%, up 36 bps from September 30, 2022. The company's CET1 ratio is estimated to be 11.37% at December 31, 2022, up 27 bps linked-quarter. The company's share buyback authorization (allowing the repurchase of up to 4,338,000 shares of the company's common stock), expired December 31,

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2022. The company repurchased 1,654,244 shares under that authorization. No shares were repurchased in the fourth quarter of 2022.

**Conference Call and Slide Presentation**

Management will host a conference call for analysts and investors at 4:00 p.m. Central Time on Tuesday, January 17, 2023 to review fourth quarter 2022 results. A live listen-only webcast of the call will be available under the Investor Relations section of Hancock Whitney's website at <u>investors.hancockwhitney.com</u>. A link to the release with additional financial tables, and a link to a slide presentation related to fourth quarter results are also posted as part of the webcast link. To participate in the Q&A portion of the call, dial 844-200-6205 or 646-904-5544, access code 950842.

An audio archive of the conference call will be available under the Investor Relations section of our website. A replay of the call will also be available through January 24, 2023 by dialing 866-813-9403 or 929-458-6194, access code 459314.

**About Hancock Whitney** 

Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; and mortgage services. The company also operates a loan production office in Nashville, Tennessee. More information is available at <u>www.hancockwhitney.com</u>.

**Non-GAAP Financial Measures** 

This news release includes non-GAAP financial measures to describe Hancock Whitney's performance. These non-GAAP financial measures should not be considered alternatives to GAAP-basis financial statements and other bank holding companies may define or calculate these non-GAAP measures or similar measures differently. The reconciliations of those measures to GAAP measures are provided either in the financial tables or in Appendix A thereto.

Consistent with the provisions of subpart 229.1400 of the Securities and Exchange Commission's Regulation S-K, "Disclosures by Bank and Savings and Loan Registrants," the company presents net interest income, net interest margin and efficiency ratios on a fully taxable equivalent ("TE") basis. The TE basis adjusts for the tax-favored status of net interest income from certain loans and investments using the statutory federal tax rate to increase tax-exempt interest income to a taxable equivalent basis. The company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.

The company presents certain additional non-GAAP financial measures to assist the reader with a better understanding of the Company's performance period over period, as well as to provide investors with assistance in understanding the success management has experienced in executing its strategic initiatives. These non-GAAP measures may reference the concept "operating." We use the term "operating" to describe a financial measure that excludes income or expense considered to be nonoperating in nature. Items identified as nonoperating are those that, when excluded from a reported financial measure, provide management or the reader with a measure that may be more indicative of forward-looking trends in our business. In addition, we believe that the presentation of certain tangible common equity ratios adjusted for the impact of accumulated other comprehensive income (loss) is useful to investors and others as leadership considers these ratios when measuring our corporate strategic objectives and these ratios

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provide a greater understanding of ongoing operations and enhance comparability with prior periods.

We define **Operating Pre-Provision Net Revenue** as total revenue (te) less noninterest expense, excluding nonoperating items. Management believes that operating pre-provision net revenue is a useful financial measure because it enables investors and others to assess the Company's ability to generate capital to cover credit losses through a credit cycle.

We define **Tangible Common Equity Ratio Excluding Accumulated Other Comprehensive Income (Loss)** as common stockholders' equity less intangible assets and accumulated other comprehensive income included in equity divided by total assets less intangible assets and accumulated other comprehensive income included in assets. We define **Return on Tangible Common Equity Excluding Other Comprehensive Income (Loss)** as annual/annualized net income divided by common stockholders' equity less intangible assets and accumulated other comprehensive income included in equity. We believe these measures are useful as they enable investors and others to evaluate the adequacy of common stockholders' equity, our performance trends and success in meeting our corporate strategic objectives.

As of January 1, 2022, the company has determined it will no longer include in "nonoperating" items any immaterial results from storm-related expenses and income items.

**Important Cautionary Statement about Forward-Looking Statements**

This news release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements that we may make include statements regarding our expectations of our performance and financial condition, balance sheet and revenue growth, the provision for credit losses, loan growth expectations, management's predictions about charge-offs for loans, the impact of the COVID-19 pandemic on the economy and our operations, the impacts related to Russia's military action in Ukraine, Federal Reserve action with respect to interest rates, the adequacy of our enterprise risk management framework, potential claims, damages, penalties, fines and reputational damage resulting from pending or future litigation, regulatory proceedings and enforcement actions; the ongoing impact of future business combinations on our performance and financial condition, including our ability to successfully integrate the businesses, success of revenue-generating and cost reduction initiatives, the effectiveness of derivative financial instruments and hedging activities to manage risks, projected tax rates, increased cybersecurity risks, including potential business disruptions or financial losses, the adequacy of our internal controls over financial reporting, the financial impact of regulatory requirements and tax reform legislation, the impact of the change in the referenced rate reform, deposit trends, credit quality trends, the impact of natural or man-made disasters, the impact of PPP loans and forgiveness on our results, the impact of current and future economic conditions, including the effects of declines in the real estate market, high unemployment rates, inflationary pressures, elevated interest rates and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing, net interest margin trends, future expense levels, future profitability, improvements in expense to revenue (efficiency) ratio, purchase accounting impacts, accretion levels and expected returns.

In addition, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words "believes," "expects," "anticipates," "estimates," "intends," "plans," "forecast," "goals," "targets," "initiatives," "focus," "potentially," "probably," "projects," "outlook," or similar expressions or future conditional verbs such as "may," "will," "should," "would," and "could." Forward-looking statements are based upon the current beliefs and expectations of management and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained

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in such statements in light of new information or future events. Forward-looking statements are subject to significant risks and uncertainties. Any forward-looking statement made in this release is subject to the safe harbor protections set forth in the Private Securities Litigation Reform Act of 1995. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021 and in other periodic reports that we file with the SEC.

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** | **FINANCIAL HIGHLIGHTS** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| (dollars and common share data in thousands, except per share amounts) | **12/31/2022** | **9/30/2022** | **9/30/2022** | **12/31/2021** | **12/31/2021** | **12/31/2022** | **12/31/2022** | **12/31/2021** | **12/31/2021** |
| **NET INCOME** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest income | **295501** | $| 280307 | $| 229296 | **$** | **1050003** | $| 933235 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest income (TE) (a) | **298116** |  | 282910 |  | 231931 |  | **1060351** |  | 944414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provision for credit losses | **2487** |  | 1402 |  | (28399) |  | **(28399)** |  | (77494) |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest income | **77064** |  | 85337 |  | 89612 |  | **331486** |  | 364334 |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest expense | **190154** |  | 193502 |  | 182462 |  | **750692** |  | 807007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income tax expense | **36137** |  | 35351 |  | 27102 |  | **135107** |  | 104841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income | **143787** | $| 135389 | $| 137743 | **$** | **524089** | $| 463215 |
| **For informational purposes - included above, pre-tax** | **For informational purposes - included above, pre-tax** |  |  |  |  |  |  |  |  |
| Nonoperating items included in noninterest income: | Nonoperating items included in noninterest income: |  |  |  |  |  |  |  |  |
| Gain on hurricane-related insurance settlement |  | $|  | $| 3600 | **$** | **—** | $| 3600 |
| &nbsp;&nbsp;Gain on sale of Hancock Horizon Funds | **—** |  |  |  |  |  | **—** |  | 4576 |
| &nbsp;&nbsp;Gain on sale of Mastercard Class B common stock | **—** |  |  |  |  |  | **—** |  | 2800 |
| Nonoperating items included in noninterest expense: | Nonoperating items included in noninterest expense: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Efficiency initiatives |  |  |  |  | (649) |  | **—** |  | 38296 |
| &nbsp;&nbsp;Hurricane related expenses |  |  |  |  | (680) |  | **—** |  | 4412 |
| &nbsp;&nbsp;Loss on redemption of subordinated notes |  |  |  |  |  |  | **—** |  | 4165 |
| **PERIOD-END BALANCE SHEET DATA** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans | **23114046** | $| 22585585 | $| 21134282 | **$** | **23114046** | $| 21134282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities | **8408536** |  | 8333191 |  | 8552449 |  | **8408536** |  | 8552449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Earning assets | **31873027** |  | 31213449 |  | 33610435 |  | **31873027** |  | 33610435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets | **35183825** |  | 34567242 |  | 36531205 |  | **35183825** |  | 36531205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest-bearing deposits | **13645113** |  | 14290817 |  | 14392808 |  | **13645113** |  | 14392808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total deposits | **29070349** |  | 28951274 |  | 30465897 |  | **29070349** |  | 30465897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stockholders' equity | **3342628** |  | 3180439 |  | 3670352 |  | **3342628** |  | 3670352 |
| **AVERAGE BALANCE SHEET DATA** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans | **22723248** | $| 22138709 | $| 20770130 | **$** | **21915393** | $| 21207942 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities (b) | **9200511** |  | 9177460 |  | 8378258 |  | **9013133** |  | 8105830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Earning assets | **32244681** |  | 31783801 |  | 32913659 |  | **32498213** |  | 32060863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets | **34498915** |  | 34377773 |  | 35829027 |  | **35059178** |  | 35075392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest-bearing deposits | **13854625** |  | 14323646 |  | 14126335 |  | **14298022** |  | 13323978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total deposits | **28816338** |  | 29180626 |  | 29750665 |  | **29497470** |  | 29093709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stockholders' equity | **3228667** |  | 3405463 |  | 3642003 |  | **3405206** |  | 3545255 |
| **COMMON SHARE DATA** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Earnings per share - diluted | **1.65** | $| 1.55 | $| 1.55 | **$** | **5.98** | $| 5.22 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash dividends per share | **0.27** |  | 0.27 |  | 0.27 |  | **1.08** |  | 1.08 |
| &nbsp;&nbsp;&nbsp;&nbsp;Book value per share (period-end) | **38.89** |  | 37.12 |  | 42.31 |  | **38.89** |  | 42.31 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tangible book value per share (period-end) | **28.29** |  | 26.44 |  | 31.64 |  | **28.29** |  | 31.64 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weighted average number of shares - diluted | **86249** |  | 86020 |  | 87132 |  | **86394** |  | 87027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Period-end number of shares | **85941** |  | 85686 |  | 86749 |  | **85941** |  | 86749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Market data |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;High sales price | **57.00** | $| 52.65 | $| 53.61 | **$** | **59.82** | $| 53.61 |
| &nbsp;&nbsp;&nbsp;&nbsp;Low sales price | **45.64** |  | 41.62 |  | 45.06 |  | **41.62** |  | 32.52 |
| &nbsp;&nbsp;&nbsp;&nbsp;Period-end closing price | **48.39** |  | 45.81 |  | 50.02 |  | **48.39** |  | 50.02 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trading volume | **29996** |  | 24976 |  | 23889 |  | **111470** |  | 100904 |
| **PERFORMANCE RATIOS** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Return on average assets | **1.65%** |  | 1.56% |  | 1.53% |  | **1.49%** |  | 1.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;Return on average common equity | **17.67%** |  | 15.77% |  | 15.00% |  | **15.39%** |  | 13.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;Return on average tangible common equity | **24.64%** |  | 21.58% |  | 20.13% |  | **21.07%** |  | 17.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;Tangible common equity ratio (c) | **7.09%** |  | 6.73% |  | 7.71% |  | **7.09%** |  | 7.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest margin (TE) | **3.68%** |  | 3.54% |  | 2.80% |  | **3.26%** |  | 2.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest income as a percentage of total revenue (TE) | **20.54%** |  | 23.17% |  | 27.87% |  | **23.82%** |  | 27.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;Efficiency ratio (d) | **49.81%** |  | 51.62% |  | 56.57% |  | **52.93%** |  | 57.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;Average loan/deposit ratio | **78.86%** |  | 75.87% |  | 69.81% |  | **74.30%** |  | 72.90% |
| &nbsp;&nbsp;&nbsp;&nbsp;Allowance for loan losses as a percentage of period-end loans | **1.33%** |  | 1.36% |  | 1.62% |  | **1.33%** |  | 1.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;Allowance for credit losses as a percentage of period-end loans (e) | **1.48%** |  | 1.50% |  | 1.76% |  | **1.48%** |  | 1.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;Annualized net charge-offs to average loans | **0.02%** |  | 0.02% |  | 0.01% |  | **0.01%** |  | 0.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;Allowance for loan losses to nonperforming loans + accruing loans 90 days past due | **676.71%** |  | 690.51% |  | 527.59% |  | **676.71%** |  | 527.59% |
| &nbsp;&nbsp;FTE headcount | **3627** |  | 3607 |  | 3486 |  | **3627** |  | 3486 |
| (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. |
| (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. |
| (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. |
| (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. |
| (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **QUARTERLY FINANCIAL HIGHLIGHTS** | **QUARTERLY FINANCIAL HIGHLIGHTS** | **QUARTERLY FINANCIAL HIGHLIGHTS** | **QUARTERLY FINANCIAL HIGHLIGHTS** | **QUARTERLY FINANCIAL HIGHLIGHTS** | **QUARTERLY FINANCIAL HIGHLIGHTS** | **QUARTERLY FINANCIAL HIGHLIGHTS** | **QUARTERLY FINANCIAL HIGHLIGHTS** | **QUARTERLY FINANCIAL HIGHLIGHTS** | **QUARTERLY FINANCIAL HIGHLIGHTS** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
| (dollars and common share data in thousands, except per share amounts) | **12/31/2022** | **9/30/2022** | **9/30/2022** | **6/30/2022** | **6/30/2022** | **3/31/2022** | **3/31/2022** | **12/31/2021** | **12/31/2021** |
| **NET INCOME** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest income | **295501** | $| 280307 | $| 245732 | $| 228463 | $| 229296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest income (TE) (a) | **298116** |  | 282910 |  | 248317 |  | 231008 |  | 231931 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provision for credit losses | **2487** |  | 1402 |  | (9761) |  | (22527) |  | (28399) |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest income | **77064** |  | 85337 |  | 85653 |  | 83432 |  | 89612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest expense | **190154** |  | 193502 |  | 187097 |  | 179939 |  | 182462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income tax expense | **36137** |  | 35351 |  | 32614 |  | 31005 |  | 27102 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income | **143787** | $| 135389 | $| 121435 | $| 123478 | $| 137743 |
| **For informational purposes - included above, pre-tax** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest income: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest income: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gain on hurricane-related insurance settlement |  | $|  | $|  | $|  | $| 3600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest expense: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest expense: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Efficiency initiatives |  |  |  |  |  |  |  |  | (649) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hurricane related expenses |  |  |  |  |  |  |  |  | (680) |
| **PERIOD-END BALANCE SHEET DATA** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans | **23114046** | $| 22585585 | $| 21846068 | $| 21323341 | $| 21134282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities | **8408536** |  | 8333191 |  | 8531393 |  | 8481095 |  | 8552449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Earning assets | **31873027** |  | 31213449 |  | 31292910 |  | 32997323 |  | 33610435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets | **35183825** |  | 34567242 |  | 34637525 |  | 36317291 |  | 36531205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest-bearing deposits | **13645113** |  | 14290817 |  | 14676342 |  | 14976670 |  | 14392808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total deposits | **29070349** |  | 28951274 |  | 29866432 |  | 30499709 |  | 30465897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stockholders' equity | **3342628** |  | 3180439 |  | 3349723 |  | 3450951 |  | 3670352 |
| **AVERAGE BALANCE SHEET DATA** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans | **22723248** | $| 22138709 | $| 21657528 | $| 21122038 | $| 20770130 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities (b) | **9200511** |  | 9177460 |  | 8979364 |  | 8687758 |  | 8378258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Earning assets | **32244681** |  | 31783801 |  | 32780813 |  | 33201926 |  | 32913659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets | **34498915** |  | 34377773 |  | 35380247 |  | 36003803 |  | 35829027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest-bearing deposits | **13854625** |  | 14323646 |  | 14655800 |  | 14363324 |  | 14126335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total deposits | **28816338** |  | 29180626 |  | 29979940 |  | 30029793 |  | 29750665 |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stockholders' equity | **3228667** |  | 3405463 |  | 3383789 |  | 3607061 |  | 3642003 |
| **COMMON SHARE DATA** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Earnings per share - diluted | **1.65** | $| 1.55 | $| 1.38 | $| 1.40 | $| 1.55 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash dividends per share | **0.27** |  | 0.27 |  | 0.27 |  | 0.27 |  | 0.27 |
| &nbsp;&nbsp;&nbsp;&nbsp;Book value per share (period-end) | **38.89** |  | 37.12 |  | 39.08 |  | 39.91 |  | 42.31 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tangible book value per share (period-end) | **28.29** |  | 26.44 |  | 28.37 |  | 29.25 |  | 31.64 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weighted average number of shares - diluted | **86249** |  | 86020 |  | 86354 |  | 86936 |  | 87132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Period-end number of shares | **85941** |  | 85686 |  | 85714 |  | 86460 |  | 86749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Market data |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;High sales price | **57.00** | $| 52.65 | $| 53.15 | $| 59.82 | $| 53.61 |
| &nbsp;&nbsp;&nbsp;&nbsp;Low sales price | **45.64** |  | 41.62 |  | 42.61 |  | 50.25 |  | 45.06 |
| &nbsp;&nbsp;&nbsp;&nbsp;Period-end closing price | **48.39** |  | 45.81 |  | 44.33 |  | 52.15 |  | 50.02 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trading volume | **29996** |  | 24976 |  | 27493 |  | 29005 |  | 23889 |
| **PERFORMANCE RATIOS** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Return on average assets | **1.65%** |  | 1.56% |  | 1.38% |  | 1.39% |  | 1.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;Return on average common equity | **17.67%** |  | 15.77% |  | 14.39% |  | 13.88% |  | 15.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;Return on average tangible common equity | **24.64%** |  | 21.58% |  | 19.77% |  | 18.66% |  | 20.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;Tangible common equity ratio (c) | **7.09%** |  | 6.73% |  | 7.21% |  | 7.15% |  | 7.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest margin (TE) | **3.68%** |  | 3.54% |  | 3.04% |  | 2.81% |  | 2.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;Noninterest income as a percentage of total revenue (TE) | **20.54%** |  | 23.17% |  | 25.65% |  | 26.53% |  | 27.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;Efficiency ratio (d) | **49.81%** |  | 51.62% |  | 54.95% |  | 56.03% |  | 56.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;Average loan/deposit ratio | **78.86%** |  | 75.87% |  | 72.24% |  | 70.34% |  | 69.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;Allowance for loan losses as a percentage of period-end loans | **1.33%** |  | 1.36% |  | 1.41% |  | 1.49% |  | 1.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;Allowance for credit losses as a percentage of period-end loans (e) | **1.48%** |  | 1.50% |  | 1.55% |  | 1.63% |  | 1.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;Annualized net charge-offs to average loans | **0.02%** |  | 0.02% |  | (0.01)% |  | 0.01% |  | 0.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;Allowance for loan losses to nonperforming loans + accruing loans 90 days past due | **676.71%** |  | 690.51% |  | 680.97% |  | 640.81% |  | 527.59% |
| &nbsp;&nbsp;FTE headcount | **3627** |  | 3607 |  | 3594 |  | 3543 |  | 3486 |
| (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (a) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. |
| (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. | (b) Average securities does not include unrealized holding gains/losses on available for sale securities. |
| (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. | (c) The tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. |
| (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. | (d) The efficiency ratio is noninterest expense to total net interest income (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items. |
| (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. | (e) The allowance for credit losses includes the allowance for loan and lease losses and the reserve for unfunded lending commitments. |

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| (dollars in thousands, except per share data) | **12/31/2022** | **12/31/2022** | **9/30/2022** | **9/30/2022** | **12/31/2021** | **12/31/2021** | **12/31/2022** | **12/31/2022** | **12/31/2021** | **12/31/2021** |
| **NET INCOME** |  |  |  |  |  |  |  |  |  |  |
| Interest income | **$** | **345676** | $| 299737 | $| 238756 | **$** | **1137063** | $| 982258 |
| Interest income (TE) (f) |  | **348291** |  | 302340 |  | 241391 |  | **1147411** |  | 993437 |
| Interest expense |  | **50175** |  | 19430 |  | 9460 |  | **87060** |  | 49023 |
| Net interest income (TE) |  | **298116** |  | 282910 |  | 231931 |  | **1060351** |  | 944414 |
| Provision for credit losses |  | **2487** |  | 1402 |  | (28399) |  | **(28399)** |  | (77494) |
| Noninterest income |  | **77064** |  | 85337 |  | 89612 |  | **331486** |  | 364334 |
| Noninterest expense |  | **190154** |  | 193502 |  | 182462 |  | **750692** |  | 807007 |
| Income before income taxes |  | **179924** |  | 170740 |  | 164845 |  | **659196** |  | 568056 |
| Income tax expense |  | **36137** |  | 35351 |  | 27102 |  | **135107** |  | 104841 |
| Net income | **$** | **143787** | $| 135389 | $| 137743 | **$** | **524089** | $| 463215 |
| **For informational purposes - included above, pre-tax** |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest income: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest income: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest income: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gain on hurricane-related insurance settlement | $|  | $|  | $| 3600 | $|  | $| 3600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gain on sale of Hancock Horizon Funds |  | **—** |  |  |  |  |  | **—** |  | 4576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gain on sale of Mastercard Class B common stock |  | **—** |  | **—** |  |  |  | **—** |  | 2800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest expense: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest expense: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest expense: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Efficiency initiatives |  | **—** |  | **—** |  | (649) |  | **—** |  | 38296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hurricane related expenses |  | **—** |  |  |  | (680) |  | **—** |  | 4412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loss on redemption of subordinated notes |  | **—** |  | **—** |  |  |  | **—** |  | 4165 |
| **NONINTEREST INCOME** |  |  |  |  |  |  |  |  |  |  |
| Service charges on deposit accounts | **$** | **22222** | $| 23272 | $| 21346 | **$** | **87663** | $| 81032 |
| Trust fees |  | **16496** |  | 16048 |  | 15547 |  | **65132** |  | 62898 |
| Bank card and ATM fees |  | **20913** |  | 21412 |  | 20638 |  | **84591** |  | 79074 |
| Investment and annuity fees and insurance commissions |  | **6832** |  | 6492 |  | 7546 |  | **28752** |  | 29502 |
| Secondary mortgage market operations |  | **1504** |  | 3284 |  | 5456 |  | **11524** |  | 36694 |
| Other income |  | **9097** |  | 14829 |  | 19079 |  | **53824** |  | 75134 |
| Total noninterest income | **$** | **77064** | $| 85337 | $| 89612 | **$** | **331486** | $| 364334 |
| **NONINTEREST EXPENSE** |  |  |  |  |  |  |  |  |  |  |
| Personnel expense | **$** | **119147** | $| 118922 | $| 108128 | **$** | **460635** | $| 482375 |
| Net occupancy and equipment expense |  | **16927** |  | 16938 |  | 16047 |  | **67340** |  | 67953 |
| Other real estate and foreclosed assets (income) expense, net |  | **(773)** |  | (1782) |  | 246 |  | **(4407)** |  | (210) |
| Other expense |  | **51582** |  | 55996 |  | 54122 |  | **213091** |  | 240224 |
| Amortization of intangibles |  | **3271** |  | 3428 |  | 3919 |  | **14033** |  | 16665 |
| Total noninterest expense | **$** | **190154** | $| 193502 | $| 182462 | **$** | **750692** | $| 807007 |
| **COMMON SHARE DATA** |  |  |  |  |  |  |  |  |  |  |
| Earnings per share: |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Basic | **$** | **1.65** | $| 1.56 | $| 1.56 | **$** | **6.00** | $| 5.23 |
| &nbsp;&nbsp;&nbsp;Diluted |  | **1.65** |  | 1.55 |  | 1.55 |  | **5.98** |  | 5.22 |
| (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. |

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** | **INCOME STATEMENT** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
| (in thousands, except per share data) | **12/31/2022** | **12/31/2022** | **9/30/2022** | **9/30/2022** | **6/30/2022** | **6/30/2022** | **3/31/2022** | **3/31/2022** | **12/31/2021** | **12/31/2021** |
| **NET INCOME** |  |  |  |  |  |  |  |  |  |  |
| Interest income | **$** | **345676** | $| 299737 | $| 254864 | $| 236786 | $| 238756 |
| Interest income (TE) (f) |  | **348291** |  | 302340 |  | 257449 |  | 239331 |  | 241391 |
| Interest expense |  | **50175** |  | 19430 |  | 9132 |  | 8323 |  | 9460 |
| Net interest income (TE) |  | **298116** |  | 282910 |  | 248317 |  | 231008 |  | 231931 |
| Provision for credit losses |  | **2487** |  | 1402 |  | (9761) |  | (22527) |  | (28399) |
| Noninterest income |  | **77064** |  | 85337 |  | 85653 |  | 83432 |  | 89612 |
| Noninterest expense |  | **190154** |  | 193502 |  | 187097 |  | 179939 |  | 182462 |
| Income before income taxes |  | **179924** |  | 170740 |  | 154049 |  | 154483 |  | 164845 |
| Income tax expense |  | **36137** |  | 35351 |  | 32614 |  | 31005 |  | 27102 |
| Net income | **$** | **143787** | $| 135389 | $| 121435 | $| 123478 | $| 137743 |
| **For informational purposes - included above, pre-tax** | **For informational purposes - included above, pre-tax** | **For informational purposes - included above, pre-tax** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest income: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest income: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest income: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gain on hurricane-related insurance settlement | $|  | $|  | $|  | $|  | $| 3600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest expense: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest expense: | &nbsp;&nbsp;&nbsp;&nbsp;Nonoperating items included in noninterest expense: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Efficiency initiatives |  | **—** |  |  |  |  |  |  |  | (649) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hurricane related expenses |  | **—** |  |  |  |  |  |  |  | (680) |
| **NONINTEREST INCOME** |  |  |  |  |  |  |  |  |  |  |
| Service charges on deposit accounts | **$** | **22222** | $| 23272 | $| 20495 | $| 21674 | $| 21346 |
| Trust fees |  | **16496** |  | 16048 |  | 17309 |  | 15279 |  | 15547 |
| Bank card and ATM fees |  | **20913** |  | 21412 |  | 21870 |  | 20396 |  | 20638 |
| Investment and annuity fees and insurance commissions |  | **6832** |  | 6492 |  | 8001 |  | 7427 |  | 7546 |
| Secondary mortgage market operations |  | **1504** |  | 3284 |  | 2990 |  | 3746 |  | 5456 |
| Other income |  | **9097** |  | 14829 |  | 14988 |  | 14910 |  | 19079 |
| Total noninterest income | **$** | **77064** | $| 85337 | $| 85653 | $| 83432 | $| 89612 |
| **NONINTEREST EXPENSE** |  |  |  |  |  |  |  |  |  |  |
| Personnel expense | **$** | **119147** | $| 118922 | $| 115170 | $| 107396 | $| 108128 |
| Net occupancy and equipment expense |  | **16927** |  | 16938 |  | 16928 |  | 16547 |  | 16047 |
| Other real estate and foreclosed assets expense (income), net |  | **(773)** |  | (1782) |  | (88) |  | (1764) |  | 246 |
| Other expense |  | **51582** |  | 55996 |  | 51501 |  | 54012 |  | 54122 |
| Amortization of intangibles |  | **3271** |  | 3428 |  | 3586 |  | 3748 |  | 3919 |
| Total noninterest expense | **$** | **190154** | $| 193502 | $| 187097 | $| 179939 | $| 182462 |
| **COMMON SHARE DATA** |  |  |  |  |  |  |  |  |  |  |
| Earnings per share: |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | **$** | **1.65** | $| 1.56 | $| 1.39 | $| 1.40 | $| 1.56 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted |  | **1.65** |  | 1.55 |  | 1.38 |  | 1.40 |  | 1.55 |
| (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (f) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **PERIOD-END BALANCE SHEET** | **PERIOD-END BALANCE SHEET** | **PERIOD-END BALANCE SHEET** | **PERIOD-END BALANCE SHEET** | **PERIOD-END BALANCE SHEET** | **PERIOD-END BALANCE SHEET** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
| (dollars in thousands) | **12/31/2022** | **9/30/2022** | **6/30/2022** | **3/31/2022** | **12/31/2021** |
| **ASSETS** |  |  |  |  |  |
| Commercial non-real estate loans | $**10146453** | $9905427 | $9645092 | $9584480 | $9612460 |
| Commercial real estate - owner occupied loans | **3033058** | 3033133 | 2964474 | 2868233 | 2821246 |
| Total commercial and industrial loans | **13179511** | 12938560 | 12609566 | 12452713 | 12433706 |
| Commercial real estate - income producing loans | **3560991** | 3686540 | 3641243 | 3563299 | 3464626 |
| Construction and land development loans | **1703592** | 1541257 | 1408727 | 1286655 | 1228670 |
| Residential mortgage loans | **3092605** | 2843723 | 2615807 | 2462900 | 2423890 |
| Consumer loans | **1577347** | 1575505 | 1570725 | 1557774 | 1583390 |
| Total loans | **23114046** | 22585585 | 21846068 | 21323341 | 21134282 |
| Loans held for sale | **26385** | 33008 | 44253 | 59877 | 93069 |
| Securities | **8408536** | 8333191 | 8531393 | 8481095 | 8552449 |
| Short-term investments | **324060** | 261665 | 871196 | 3133010 | 3830635 |
| Earning assets | **31873027** | 31213449 | 31292910 | 32997323 | 33610435 |
| Allowance for loan losses | **(307789)** | (306116) | (308175) | (317843) | (342065) |
| Goodwill and other intangible assets | **911646** | 914917 | 918345 | 921932 | 925679 |
| Other assets | **2706941** | 2744992 | 2734445 | 2715879 | 2337156 |
| Total assets | $**35183825** | $34567242 | $34637525 | $36317291 | $36531205 |
| **LIABILITIES** |  |  |  |  |  |
| Noninterest-bearing deposits | $**13645113** | $14290817 | $14676342 | $14976670 | $14392808 |
| Interest-bearing transaction and savings deposits | **10726686** | 10902399 | 11334253 | 11460993 | 11649855 |
| Interest-bearing public fund deposits | **3244225** | 2796363 | 2883664 | 3014307 | 3294607 |
| Time deposits | **1454325** | 961695 | 972173 | 1047739 | 1128627 |
| Total interest-bearing deposits | **15425236** | 14660457 | 15190090 | 15523039 | 16073089 |
| Total deposits | **29070349** | 28951274 | 29866432 | 30499709 | 30465897 |
| Short-term borrowings | **1871271** | 1542981 | 630011 | 1620302 | 1665061 |
| Long-term debt | **242077** | 236410 | 240091 | 240454 | 244220 |
| Other liabilities | **657500** | 656138 | 551268 | 505875 | 485675 |
| Total liabilities | **31841197** | 31386803 | 31287802 | 32866340 | 32860853 |
| **COMMON STOCKHOLDERS' EQUITY** | **COMMON STOCKHOLDERS' EQUITY** |  |  |  |  |
| Common stock net of treasury and capital surplus | **2026397** | 2024960 | 2020411 | 2051534 | 2065214 |
| Retained earnings | **2088413** | 1968260 | 1856489 | 1758693 | 1659073 |
| Accumulated other comprehensive (loss) | **(772182)** | (812781) | (527177) | (359276) | (53935) |
| Total common stockholders' equity | **3342628** | 3180439 | 3349723 | 3450951 | 3670352 |
| Total liabilities & stockholders' equity | $**35183825** | $34567242 | $34637525 | $36317291 | $36531205 |
| **For informational purposes only - included above** | **For informational purposes only - included above** |  |  |  |  |
| SBA Paycheck Protection Program (PPP) loans | $**38752** | $75719 | $151315 | $334828 | $531059 |
| **CAPITAL RATIOS** |  |  |  |  |  |
| Tangible common equity | $**2430982** | $2265522 | $2431378 | $2529019 | $2744673 |
| Tier 1 capital (g) | **3279280** | 3154419 | 3034240 | 2963501 | 2890770 |
| Common equity as a percentage of total assets | **9.50%** | 9.20% | 9.67% | 9.50% | 10.05% |
| Tangible common equity ratio | **7.09%** | 6.73% | 7.21% | 7.15% | 7.71% |
| Leverage (Tier 1) ratio (g) | **9.53%** | 9.27% | 8.68% | 8.38% | 8.25% |
| Common equity tier 1 (CET1) ratio (g) | **11.37%** | 11.10% | 11.08% | 11.12% | 11.09% |
| Tier 1 risk-based capital ratio (g) | **11.37%** | 11.10% | 11.08% | 11.12% | 11.09% |
| Total risk-based capital ratio (g) | **12.93%** | 12.67% | 12.70% | 12.82% | 12.84% |
| (g) Estimated for most recent period-end. Regulatory capital ratios reflect the election to use the five-year transition rules for the adoption of ASC 326, commonly referred to as Current Expected Credit Loss, or CECL. | (g) Estimated for most recent period-end. Regulatory capital ratios reflect the election to use the five-year transition rules for the adoption of ASC 326, commonly referred to as Current Expected Credit Loss, or CECL. | (g) Estimated for most recent period-end. Regulatory capital ratios reflect the election to use the five-year transition rules for the adoption of ASC 326, commonly referred to as Current Expected Credit Loss, or CECL. | (g) Estimated for most recent period-end. Regulatory capital ratios reflect the election to use the five-year transition rules for the adoption of ASC 326, commonly referred to as Current Expected Credit Loss, or CECL. | (g) Estimated for most recent period-end. Regulatory capital ratios reflect the election to use the five-year transition rules for the adoption of ASC 326, commonly referred to as Current Expected Credit Loss, or CECL. | (g) Estimated for most recent period-end. Regulatory capital ratios reflect the election to use the five-year transition rules for the adoption of ASC 326, commonly referred to as Current Expected Credit Loss, or CECL. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **AVERAGE BALANCE SHEET** | **AVERAGE BALANCE SHEET** | **AVERAGE BALANCE SHEET** | **AVERAGE BALANCE SHEET** | **AVERAGE BALANCE SHEET** | **AVERAGE BALANCE SHEET** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| (in thousands) | **12/31/2022** | **9/30/2022** | **12/31/2021** | **12/31/2022** | **12/31/2021** |
| **ASSETS** |  |  |  |  |  |
| Commercial non-real estate loans | $**9932218** | $9738424 | $9339223 | $**9722977** | $9662663 |
| Commercial real estate - owner occupied loans | **3037534** | 2993477 | 2802894 | **2953991** | 2810772 |
| Total commercial and industrial loans | **12969752** | 12731901 | 12142117 | **12676968** | 12473435 |
| Commercial real estate - income producing loans | **3590060** | 3634667 | 3462044 | **3582370** | 3434480 |
| Construction and land development loans | **1618684** | 1489369 | 1198638 | **1422994** | 1162337 |
| Residential mortgage loans | **2968876** | 2713383 | 2365798 | **2666134** | 2445602 |
| Consumer loans | **1575876** | 1569389 | 1601533 | **1566927** | 1692088 |
| Total loans | **22723248** | 22138709 | 20770130 | **21915393** | 21207942 |
| Loans held for sale | **24825** | 35217 | 77405 | **42973** | 90231 |
| Securities (h) | **9200511** | 9177460 | 8378258 | **9013133** | 8105830 |
| Short-term investments | **296097** | 432415 | 3687866 | **1526714** | 2656860 |
| Earning assets | **32244681** | 31783801 | 32913659 | **32498213** | 32060863 |
| Allowance for loan losses | **(307403)** | (308407) | (362112) | **(317402)** | (406082) |
| Goodwill and other intangible assets | **913223** | 916582 | 927571 | **918376** | 933701 |
| Other assets | **1648414** | 1985797 | 2349909 | **1959991** | 2486910 |
| Total assets | $**34498915** | $34377773 | $35829027 | $**35059178** | $35075392 |
| **LIABILITIES AND COMMON STOCKHOLDERS' EQUITY** |  |  |  |  |  |
| Noninterest-bearing deposits | $**13854625** | $14323646 | $14126335 | $**14298022** | $13323978 |
| Interest-bearing transaction and savings deposits | **10810751** | 11164395 | 11405136 | **11201094** | 11216503 |
| Interest-bearing public fund deposits | **2972985** | 2738196 | 3057776 | **2941876** | 3140185 |
| Time deposits | **1177977** | 954389 | 1161418 | **1056478** | 1413043 |
| Total interest-bearing deposits | **14961713** | 14856980 | 15624330 | **15199448** | 15769731 |
| Total deposits | **28816338** | 29180626 | 29750665 | **29497470** | 29093709 |
| Short-term borrowings | **1575826** | 950570 | 1691579 | **1358687** | 1663173 |
| Long-term debt | **236674** | 238372 | 245369 | **239282** | 314903 |
| Other liabilities | **641410** | 602742 | 499411 | **558533** | 458352 |
| Common stockholders' equity | **3228667** | 3405463 | 3642003 | **3405206** | 3545255 |
| Total liabilities & stockholders' equity | $**34498915** | $34377773 | $35829027 | $**35059178** | $35075392 |
| **For informational purposes only - included above** | **For informational purposes only - included above** |  |  |  |  |
| SBA Paycheck Protection Program (PPP) loans | $**53934** | $108945 | $708435 | $**204796** | $1523718 |
| (h) Average securities does not include unrealized holding gains/losses on available for sale securities. | (h) Average securities does not include unrealized holding gains/losses on available for sale securities. | (h) Average securities does not include unrealized holding gains/losses on available for sale securities. | (h) Average securities does not include unrealized holding gains/losses on available for sale securities. | (h) Average securities does not include unrealized holding gains/losses on available for sale securities. | (h) Average securities does not include unrealized holding gains/losses on available for sale securities. |

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
|  | **12/31/2022** | **12/31/2022** | **12/31/2022** | **12/31/2022** | **9/30/2022** | **9/30/2022** | **9/30/2022** | **9/30/2022** | **9/30/2022** | **12/31/2021** | **12/31/2021** | **12/31/2021** | **12/31/2021** | **12/31/2021** |
| (dollars in millions) | **Average<br> Balance** | **Interest** | **Interest** | **Rate** | **Average<br> Balance** | **Average<br> Balance** | **Interest** | **Interest** | **Rate** | Average<br> Balance | Average<br> Balance | Interest | Interest | Rate |
| **AVERAGE EARNING ASSETS** | **AVERAGE EARNING ASSETS** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Commercial & real estate loans (TE) (i) | **18178.5** | **$** | **240.6** | **5.25%** | $| 17855.9 | $| 203.0 | 4.51% | $| 16802.8 | $| 150.7 | 3.56% |
| Residential mortgage loans | **2968.9** |  | **25.6** | **3.45%** |  | 2713.4 |  | 22.7 | 3.34% |  | 2365.8 |  | 20.5 | 3.46% |
| Consumer loans | **1575.9** |  | **27.2** | **6.86%** |  | 1569.4 |  | 23.2 | 5.87% |  | 1601.5 |  | 18.9 | 4.68% |
| Loan fees & late charges | **—** |  | **(0.2)** | **0.00%** |  |  |  | 1.3 | 0.00% |  |  |  | 10.3 | 0.00% |
| Total loans (TE) (j) (k) | **22723.3** |  | **293.2** | **5.12%** |  | 22138.7 |  | 250.2 | 4.49% |  | 20770.1 |  | 200.4 | 3.83% |
| Loans held for sale | **24.8** |  | **0.3** | **4.53%** |  | 35.2 |  | 0.4 | 4.48% |  | 77.4 |  | 0.6 | 3.02% |
| US Treasury and government agency securities | **500.3** |  | **2.9** | **2.32%** |  | 420.3 |  | 2.0 | 1.94% |  | 418.4 |  | 1.6 | 1.60% |
| CMOs and mortgage backed securities | **7769.1** |  | **42.8** | **2.20%** |  | 7822.4 |  | 40.9 | 2.09% |  | 7019.6 |  | 30.5 | 1.74% |
| Municipals (TE) | **907.5** |  | **6.8** | **2.97%** |  | 911.5 |  | 6.8 | 2.97% |  | 924.1 |  | 6.8 | 2.93% |
| Other securities | **23.6** |  | **0.2** | **3.50%** |  | 23.3 |  | 0.2 | 3.54% |  | 16.2 |  | 0.1 | 3.50% |
| Total securities (TE) (l) | **9200.5** |  | **52.7** | **2.29%** |  | 9177.5 |  | 49.9 | 2.17% |  | 8378.3 |  | 39.0 | 1.86% |
| Total short-term investments | **296.1** |  | **2.1** | **2.88%** |  | 432.4 |  | 1.8 | 1.69% |  | 3687.9 |  | 1.4 | 0.15% |
| Average earning assets yield (TE) | **32244.7** | **$** | **348.3** | **4.29%** | $| 31783.8 | $| 302.3 | 3.78% | $| 32913.7 | $| 241.4 | 2.92% |
| **INTEREST-BEARING LIABILITIES** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Interest-bearing transaction and savings deposits | **10810.7** | **$** | **14.6** | **0.53%** | $| 11164.4 | $| 4.3 | 0.15% | $| 11405.1 | $| 1.3 | 0.04% |
| Time deposits | **1178.0** |  | **3.2** | **1.09%** |  | 954.4 |  | 0.4 | 0.18% |  | 1161.4 |  | 0.8 | 0.27% |
| Public funds | **2973.0** |  | **18.2** | **2.43%** |  | 2738.2 |  | 8.9 | 1.28% |  | 3057.8 |  | 2.8 | 0.36% |
| Total interest-bearing deposits | **14961.7** |  | **36.0** | **0.96%** |  | 14857.0 |  | 13.6 | 0.36% |  | 15624.3 |  | 4.9 | 0.12% |
| Short-term borrowings | **1575.8** |  | **11.1** | **2.79%** |  | 950.6 |  | 2.7 | 1.15% |  | 1691.6 |  | 1.5 | 0.34% |
| Long-term debt | **236.7** |  | **3.1** | **5.21%** |  | 238.4 |  | 3.1 | 5.20% |  | 245.4 |  | 3.1 | 5.12% |
| Total borrowings | **1812.5** |  | **14.2** | **3.10%** |  | 1189.0 |  | 5.8 | 1.96% |  | 1937.0 |  | 4.6 | 0.95% |
| Total interest-bearing liabilities cost | **16774.2** |  | **50.2** | **1.19%** |  | 16046.0 |  | 19.4 | 0.48% |  | 17561.3 |  | 9.5 | 0.21% |
| Net interest-free funding sources | **15470.5** |  |  |  |  | 15737.8 |  |  |  |  | 15352.4 |  |  |  |
| Total cost of funds | **32244.7** |  | **50.2** | **0.62%** |  | 31783.8 |  | 19.4 | 0.24% |  | 32913.7 |  | 9.5 | 0.11% |
| Net Interest Spread (TE) |  | **$** | **298.1** | **3.11%** |  |  | $| 282.9 | 3.30% |  |  | $| 231.9 | 2.70% |
| Net Interest Margin (TE) | **32244.7** | **$** | **298.1** | **3.68%** | $| 31783.8 | $| 282.9 | 3.54% | $| 32913.7 | $| 231.9 | 2.80% |
| (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. |
| (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. |
| (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $0.8 million, $1.2 million and $1.9 million for the three months ended December 31, 2022, September 30, 2022 and December 31, 2021, respectively. |
| (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. |

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** | **AVERAGE BALANCE AND NET INTEREST MARGIN SUMMARY** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
|  | **12/31/2022** | **12/31/2022** | **12/31/2022** | **12/31/2022** | **12/31/2022** | **12/31/2021** | **12/31/2021** | **12/31/2021** | **12/31/2021** | **12/31/2021** |
| (dollars in millions) | **Average<br> Balance** | **Average<br> Balance** | **Interest** | **Interest** | **Rate** | **Average<br> Balance** | **Average<br> Balance** | **Interest** | **Interest** | **Rate** |
| **AVERAGE EARNING ASSETS** |  |  |  |  |  |  |  |  |  |  |
| Commercial & real estate loans (TE) (i) | **$** | **17682.3** | **$** | **759.9** | **4.30%** | $| 17070.3 | $| 606.1 | 3.55% |
| Residential mortgage loans |  | **2666.1** |  | **90.3** | **3.39%** |  | 2445.6 |  | 90.6 | 3.70% |
| Consumer loans |  | **1567.0** |  | **88.4** | **5.64%** |  | 1692.1 |  | 81.6 | 4.82% |
| Loan fees & late charges |  | **—** |  | **7.4** | **0.00%** |  |  |  | 53.7 | 0.00% |
| Total loans (TE) (j) (k) |  | **21915.4** |  | **946.0** | **4.32%** |  | 21208.0 |  | 832.0 | 3.92% |
| Loans held for sale |  | **43.0** |  | **1.8** | **4.22%** |  | 90.2 |  | 2.5 | 2.82% |
| US Treasury and government agency securities |  | **426.7** |  | **8.3** | **1.95%** |  | 330.6 |  | 5.4 | 1.64% |
| CMOs and mortgage backed securities |  | **7652.1** |  | **154.5** | **2.02%** |  | 6833.1 |  | 122.3 | 1.79% |
| Municipals (TE) |  | **912.0** |  | **27.0** | **2.96%** |  | 928.4 |  | 27.2 | 2.93% |
| Other securities |  | **22.3** |  | **0.8** | **3.42%** |  | 13.7 |  | 0.5 | 3.66% |
| Total securities (TE) (l) |  | **9013.1** |  | **190.6** | **2.11%** |  | 8105.8 |  | 155.4 | 1.92% |
| Total short-term investments |  | **1526.7** |  | **9.0** | **0.59%** |  | 2656.9 |  | 3.5 | 0.13% |
| Average earning assets yield (TE) | **$** | **32498.2** | **$** | **1147.4** | **3.53%** | $| 32060.9 | $| 993.4 | 3.10% |
| **INTEREST-BEARING LIABILITIES** |  |  |  |  |  |  |  |  |  |  |
| Interest-bearing transaction and savings deposits | **$** | **11201.1** | **$** | **21.2** | **0.19%** | $| 11216.5 | $| 9.1 | 0.08% |
| Time deposits |  | **1056.4** |  | **4.7** | **0.44%** |  | 1413.0 |  | 6.5 | 0.46% |
| Public funds |  | **2941.9** |  | **32.5** | **1.10%** |  | 3140.2 |  | 10.6 | 0.34% |
| Total interest-bearing deposits |  | **15199.4** |  | **58.4** | **0.38%** |  | 15769.7 |  | 26.2 | 0.17% |
| Short-term borrowings |  | **1358.7** |  | **16.2** | **1.19%** |  | 1663.2 |  | 6.0 | 0.36% |
| Long-term debt |  | **239.3** |  | **12.4** | **5.19%** |  | 314.9 |  | 16.8 | 5.32% |
| Total borrowings |  | **1598.0** |  | **28.6** | **1.79%** |  | 1978.1 |  | 22.8 | 1.15% |
| Total interest-bearing liabilities cost |  | **16797.4** |  | **87.0** | **0.52%** |  | 17747.8 |  | 49.0 | 0.28% |
| Net interest-free funding sources |  | **15700.8** |  |  |  |  | 14313.1 |  |  |  |
| Total cost of funds |  | **32498.2** |  | **87.0** | **0.27%** |  | 32060.9 |  | 49.0 | 0.15% |
| Net Interest Spread (TE) |  |  | **$** | **1060.4** | **3.01%** |  |  | $| 944.4 | 2.82% |
| Net Interest Margin (TE) | **$** | **32498.2** | **$** | **1060.4** | **3.26%** | $| 32060.9 | $| 944.4 | 2.95% |
| (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (i) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. |
| (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. | (j) Includes nonaccrual loans. |
| (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. | (k) Included in interest income is net purchase accounting accretion of $4.7 million and $8.6 million for the twelve months ended December 31, 2022 and 2021, respectively. |
| (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. | (l) Average securities does not include unrealized holding gains/losses on available for sale securities. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| (dollars in thousands) | **12/31/2022** | **9/30/2022** | **12/31/2021** | **12/31/2022** | **12/31/2021** |
| Nonaccrual loans (m) | $**38991** | $39807 | $55523 | $**38991** | $55523 |
| Restructured loans - still accruing | **1907** | 1925 | 3788 | **1907** | 3788 |
| Total nonperforming loans | **40898** | 41732 | 59311 | **40898** | 59311 |
| ORE and foreclosed assets | **2017** | 2085 | 7533 | **2017** | 7533 |
| Total nonperforming assets | $**42915** | $43817 | $66844 | $**42915** | $66844 |
| Nonperforming assets as a percentage of loans, ORE and foreclosed assets | **0.19%** | 0.19% | 0.32% | **0.19%** | 0.32% |
| Accruing loans 90 days past due | $**4585** | $2600 | $5524 | $**4585** | $5524 |
| Accruing loans 90 days past due as a percentage of loans | **0.02%** | 0.01% | 0.03% | **0.02%** | 0.03% |
| Nonperforming assets + accruing loans 90 days past due to loans, ORE and foreclosed assets | **0.21%** | 0.21% | 0.34% | **0.21%** | 0.34% |
| **PROVISION AND ALLOWANCE FOR CREDIT LOSSES:** | **PROVISION AND ALLOWANCE FOR CREDIT LOSSES:** |  |  |  |  |
| **Allowance for Loan Losses:** |  |  |  |  |  |
| Beginning balance | $**306116** | $308175 | $371521 | $**342065** | $450177 |
| Provision for loan losses | **2646** | (763) | (28787) | **(32374)** | (76921) |
| Charge-offs | **(4643)** | (6587) | (6155) | **(22590)** | (50836) |
| Recoveries | **3670** | 5291 | 5486 | **20688** | 19645 |
| Net charge-offs | **(973)** | (1296) | (669) | **(1902)** | (31191) |
| Ending Balance | $**307789** | $306116 | $342065 | $**307789** | $342065 |
| **Reserve for Unfunded Lending Commitments:** | **Reserve for Unfunded Lending Commitments:** |  |  |  |  |
| Beginning balance | $**33468** | $31303 | $28946 | $**29334** | $29907 |
| Provision for losses on unfunded lending commitments | **(159)** | 2165 | 388 | **3975** | (573) |
| Ending balance | $**33309** | $33468 | $29334 | $**33309** | $29334 |
| **Total Allowance for Credit Losses** | $**341098** | $339584 | $371399 | $**341098** | $371399 |
| **Total Provision for Credit Losses** | $**2487** | $1402 | $(28399) | $**(28399)** | $(77494) |
| Allowance for loan losses as a percentage of period-end loans | **1.33%** | 1.36% | 1.62% | **1.33%** | 1.62% |
| Allowance for credit losses as a percentage of period-end loans | **1.48%** | 1.50% | 1.76% | **1.48%** | 1.76% |
| Allowance for loan losses to nonperforming loans + accruing loans 90 days past due | **676.71%** | 690.51% | 527.59% | **676.71%** | 527.59% |
| **NET CHARGE-OFF INFORMATION** | **NET CHARGE-OFF INFORMATION** |  |  |  |  |
| Net charge-offs (recoveries): |  |  |  |  |  |
| Commercial & real estate loans | $**(1201)** | $(270) | $(502) | $**(3896)** | $25497 |
| Residential mortgage loans | **(251)** | (894) | (31) | **(1612)** | (746) |
| Consumer loans | **2425** | 2460 | 1202 | **7410** | 6440 |
| Total net charge-offs | $**973** | $1296 | $669 | $**1902** | $31191 |
| Net charge-offs (recoveries) as a percentage of average loans: |  |  |  |  |  |
| Commercial & real estate loans | **(0.03)%** | (0.01)% | (0.01)% | **(0.02)%** | 0.15% |
| Residential mortgage loans | **(0.03)%** | (0.13)% | (0.01)% | **(0.06)%** | (0.03)% |
| Consumer loans | **0.61%** | 0.62% | 0.30% | **0.47%** | 0.38% |
| Total net charge-offs as a percentage of average loans | **0.02%** | 0.02% | 0.01% | **0.01%** | 0.15% |
| (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million and $6.8 million at December 31, 2022, September 30, 2021, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million and $6.8 million at December 31, 2022, September 30, 2021, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million and $6.8 million at December 31, 2022, September 30, 2021, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million and $6.8 million at December 31, 2022, September 30, 2021, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million and $6.8 million at December 31, 2022, September 30, 2021, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million and $6.8 million at December 31, 2022, September 30, 2021, and December 31, 2021, respectively. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** | **ASSET QUALITY INFORMATION** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
| (dollars in thousands) | **12/31/2022** | **9/30/2022** | **6/30/2022** | **3/31/2022** | **12/31/2021** |
| Nonaccrual loans (m) | $**38991** | $39807 | $38066 | $42439 | $55523 |
| Restructured loans - still accruing | **1907** | 1925 | 2492 | 2903 | 3788 |
| Total nonperforming loans | **40898** | 41732 | 40558 | 45342 | 59311 |
| ORE and foreclosed assets | **2017** | 2085 | 3467 | 6345 | 7533 |
| Total nonperforming assets | $**42915** | $43817 | $44025 | $51687 | $66844 |
| Nonperforming assets as a percentage of loans, ORE and foreclosed assets | **0.19%** | 0.19% | 0.20% | 0.24% | 0.32% |
| Accruing loans 90 days past due | $**4585** | $2600 | $4697 | $4258 | $5524 |
| Accruing loans 90 days past due as a percentage of loans | **0.02%** | 0.01% | 0.02% | 0.02% | 0.03% |
| Nonperforming assets + accruing loans 90 days past due to loans, ORE and foreclosed assets | **0.21%** | 0.21% | 0.22% | 0.26% | 0.34% |
| **PROVISION AND ALLOWANCE FOR CREDIT LOSSES:** |  |  |  |  |  |
| Allowance for loan losses | $**307789** | $306116 | $308175 | $317843 | $342065 |
| Reserve for unfunded lending commitments | **33309** | 33468 | 31303 | 30710 | 29334 |
| **Total allowance for credit losses** | $**341098** | $339584 | $339478 | $348553 | $371399 |
| Total provision for credit losses | $**2487** | $1402 | $(9761) | $(22527) | $(28399) |
| Allowance for loan losses as a percentage of period-end loans | **1.33%** | 1.36% | 1.41% | 1.49% | 1.62% |
| Allowance for credit losses as a percentage of period-end loans | **1.48%** | 1.50% | 1.55% | 1.63% | 1.76% |
| Allowance for loan losses to nonperforming loans + accruing loans 90 days past due | **676.71%** | 690.51% | 680.97% | 640.81% | 527.59% |
| **NET CHARGE-OFF INFORMATION** |  |  |  |  |  |
| Net charge-offs (recoveries) |  |  |  |  |  |
| Commercial & real estate loans | $**(1201)** | $(270) | $(1611) | $(814) | $(502) |
| Residential mortgage loans | **(251)** | (894) | (448) | (19) | (31) |
| Consumer loans | **2425** | 2460 | 1373 | 1152 | 1202 |
| Total net charge-offs | $**973** | $1296 | $(686) | $319 | $669 |
| Net charge-offs (recoveries) as a percentage of average loans: |  |  |  |  |  |
| Commercial & real estate loans | **(0.03)%** | (0.01)% | (0.04)% | (0.02)% | (0.01)% |
| Residential mortgage loans | **(0.03)%** | (0.13)% | (0.07)% | (0.00)% | (0.01)% |
| Consumer loans | **0.61%** | 0.62% | 0.35% | 0.30% | 0.30% |
| Total net charge-offs as a percentage of average loans: | **0.02%** | 0.02% | (0.01)% | 0.01% | 0.01% |
| **AVERAGE LOANS** |  |  |  |  |  |
| Commercial & real estate loans | $**18178496** | $17855937 | $17562053 | $17119295 | $16802799 |
| Residential mortgage loans | **2968876** | 2713383 | 2534600 | 2441359 | 2365798 |
| Consumer loans | **1575876** | 1569389 | 1560875 | 1561384 | 1601533 |
| Total average loans | $**22723248** | $22138709 | $21657528 | $21122038 | $20770130 |
| (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million, $3.2 million, $3.6 million, and $6.8 million at December 31, 2022, September 30, 2022, June 30, 2022, March 31, 2022, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million, $3.2 million, $3.6 million, and $6.8 million at December 31, 2022, September 30, 2022, June 30, 2022, March 31, 2022, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million, $3.2 million, $3.6 million, and $6.8 million at December 31, 2022, September 30, 2022, June 30, 2022, March 31, 2022, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million, $3.2 million, $3.6 million, and $6.8 million at December 31, 2022, September 30, 2022, June 30, 2022, March 31, 2022, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million, $3.2 million, $3.6 million, and $6.8 million at December 31, 2022, September 30, 2022, June 30, 2022, March 31, 2022, and December 31, 2021, respectively. | (m) Included in nonaccrual loans are nonaccruing restructured loans totaling $2.6 million, $2.8 million, $3.2 million, $3.6 million, and $6.8 million at December 31, 2022, September 30, 2022, June 30, 2022, March 31, 2022, and December 31, 2021, respectively. |

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---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** | **HANCOCK WHITNEY CORPORATION** |
| **Appendix A to the Earnings Release** | **Appendix A to the Earnings Release** | **Appendix A to the Earnings Release** | **Appendix A to the Earnings Release** | **Appendix A to the Earnings Release** | **Appendix A to the Earnings Release** | **Appendix A to the Earnings Release** | **Appendix A to the Earnings Release** |
| **Reconciliation of Non-GAAP Measure** | **Reconciliation of Non-GAAP Measure** | **Reconciliation of Non-GAAP Measure** | **Reconciliation of Non-GAAP Measure** | **Reconciliation of Non-GAAP Measure** | **Reconciliation of Non-GAAP Measure** | **Reconciliation of Non-GAAP Measure** | **Reconciliation of Non-GAAP Measure** |
| **OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)** | **OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)** | **OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)** | **OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)** | **OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)** | **OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)** | **OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)** | **OPERATING REVENUE (TE) AND OPERATING PRE-PROVISION NET REVENUE (TE)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| (in thousands) | **12/31/2022** | **9/30/2022** | **6/30/2022** | **3/31/2022** | **12/31/2021** | **12/31/2022** | **12/31/2021** |
| Net interest income | $**295501** | $280307 | $245732 | $228463 | $229296 | $**1050003** | $933235 |
| Noninterest income | **77064** | 85337 | 85653 | 83432 | 89612 | **331486** | 364334 |
| Total revenue | **372565** | 365644 | 331385 | 311895 | 318908 | **1381489** | 1297569 |
| Taxable equivalent adjustment (n) | **2615** | 2603 | 2585 | 2545 | 2635 | **10348** | 11179 |
| Nonoperating revenue |  |  |  |  | (3600) |  | (10976) |
| Operating revenue (TE) | **375180** | 368247 | 333970 | 314440 | 317943 | **1391837** | 1297772 |
| Noninterest expense | **(190154)** | (193502) | (187097) | (179939) | (182462) | **(750692)** | (807007) |
| Nonoperating expense |  |  |  |  | (1329) |  | 46873 |
| Operating pre-provision net revenue (TE) | $**185026** | $174745 | $146873 | $134501 | $134152 | $**641145** | $537638 |
| (n) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (n) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (n) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (n) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (n) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (n) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. | (n) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. |  |
| **TANGIBLE COMMON EQUITY RATIO EXCLUDING ACCUMULATED OTHER COMPREHENSIVE (LOSS)** | **TANGIBLE COMMON EQUITY RATIO EXCLUDING ACCUMULATED OTHER COMPREHENSIVE (LOSS)** | **TANGIBLE COMMON EQUITY RATIO EXCLUDING ACCUMULATED OTHER COMPREHENSIVE (LOSS)** | **TANGIBLE COMMON EQUITY RATIO EXCLUDING ACCUMULATED OTHER COMPREHENSIVE (LOSS)** | **TANGIBLE COMMON EQUITY RATIO EXCLUDING ACCUMULATED OTHER COMPREHENSIVE (LOSS)** | **TANGIBLE COMMON EQUITY RATIO EXCLUDING ACCUMULATED OTHER COMPREHENSIVE (LOSS)** | **TANGIBLE COMMON EQUITY RATIO EXCLUDING ACCUMULATED OTHER COMPREHENSIVE (LOSS)** | **TANGIBLE COMMON EQUITY RATIO EXCLUDING ACCUMULATED OTHER COMPREHENSIVE (LOSS)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| (in thousands) | **12/31/2022** | **9/30/2022** | **6/30/2022** | **3/31/2022** | **12/31/2021** | **12/31/2022** | **12/31/2021** |
| **End of period balance sheet:** |  |  |  |  |  |  |  |
| Total common stockholders' equity | $**3342628** | $3180439 | $3349723 | $3450951 | $3670352 | $**3342628** | $3670352 |
| Goodwill and other intangible assets | **911646** | 914917 | 918345 | 921932 | 925679 | **911646** | 925679 |
| Tangible common equity | **2430982** | 2265522 | 2431378 | 2529019 | 2744673 | **2430982** | 2744673 |
| Accumulated other comprehensive (loss) in tangible common equity | **(772182)** | (812781) | (527177) | (359276) | (53935) | **(772182)** | (53935) |
| Tangible common equity less accumulated other comprehensive (loss) | $**3203164** | $3078303 | $2958555 | $2888295 | $2798608 | $**3203164** | $2798608 |
| Total assets | $**35183825** | $34567242 | $34637525 | $36317291 | $36531205 | $**35183825** | $36531205 |
| Goodwill and other intangible assets | **911646** | 914917 | 918345 | 921932 | 925679 | **911646** | 925679 |
| Tangible assets | $**34272179** | $33652325 | $33719180 | $35395359 | $35605526 | $**34272179** | $35605526 |
| Accumulated other comprehensive (loss) in tangible assets | **(673473)** | (698485) | (483691) | (336863) | (82563) | (673473) | (82563) |
| Tangible assets less effect of accumulated other comprehensive (loss) | $**34945652** | $34350810 | $34202871 | $35732222 | $35688089 | $**34945652** | $35688089 |
| Tangible common equity ratio | **7.09%** | 6.73% | 7.21% | 7.15% | 7.71% | **7.09%** | 7.71% |
| Tangible common equity ratio excluding accumulated other comprehensive (loss) | **9.17%** | 8.96% | 8.65% | 8.08% | 7.84% | **9.17%** | 7.84% |
| **RETURN ON AVERAGE TANGIBLE COMMON EQUITY EXCLUDING ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)** | **RETURN ON AVERAGE TANGIBLE COMMON EQUITY EXCLUDING ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)** | **RETURN ON AVERAGE TANGIBLE COMMON EQUITY EXCLUDING ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)** | **RETURN ON AVERAGE TANGIBLE COMMON EQUITY EXCLUDING ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)** | **RETURN ON AVERAGE TANGIBLE COMMON EQUITY EXCLUDING ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)** | **RETURN ON AVERAGE TANGIBLE COMMON EQUITY EXCLUDING ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)** | **RETURN ON AVERAGE TANGIBLE COMMON EQUITY EXCLUDING ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)** | **RETURN ON AVERAGE TANGIBLE COMMON EQUITY EXCLUDING ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)** |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Twelve Months Ended** | **Twelve Months Ended** |
| (in thousands) | **12/31/2022** | **9/30/2022** | **6/30/2022** | **3/31/2022** | **12/31/2021** | **12/31/2022** | **12/31/2021** |
| Net income | $**143787** | $135389 | $121435 | $123478 | $137743 | $**524089** | $463215 |
| **Average balance sheet:** |  |  |  |  |  |  |  |
| Total common stockholders' equity | $**3228667** | $3405463 | $3383789 | $3607061 | $3642003 | $**3405206** | $3545255 |
| Goodwill and other intangible assets | **913223** | 916582 | 920080 | 923752 | 927571 | **918376** | 933701 |
| Tangible common equity | **2315444** | 2488881 | 2463709 | 2683309 | 2714432 | **2486830** | 2611554 |
| Accumulated other comprehensive income (loss) in equity | **(815261)** | (518480) | (446889) | (142283) | (20307) | **(482676)** | 18927 |
| Equity excluding average accumulated other comprehensive income (loss) | $**3130705** | $3007361 | $2910598 | $2825592 | $2734739 | $**2969506** | $2592627 |
| Return on tangible common equity | **24.64%** | 21.58% | 19.77% | 18.66% | 20.13% | **21.07%** | 17.74% |
| Return on tangible common equity excluding accumulated other comprehensive income (loss) | **18.22%** | 17.86% | 16.73% | 17.72% | 19.98% | **17.65%** | 17.87% |

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## Exhibit 99.2

![Slide 1](hwc-ex99_2s1.jpg)

Fourth Quarter 2022Earnings Conference Call 1/17/2023 HANCOCK WHITNEY Exhibit 99.2

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![Slide 2](hwc-ex99_2s2.jpg)

This presentation contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements that we may make include statements regarding our expectations of our performance and financial condition, balance sheet and revenue growth, the provision for credit losses, loan growth expectations, management's predictions about charge-offs for loans, the impact of the COVID-19 pandemic on the economy and our operations, the impacts related to Russia's military action in Ukraine, Federal Reserve action with respect to interest rates, the adequacy of our enterprise risk management framework, potential claims, damages, penalties, fines and reputational damage resulting from pending or future litigation, regulatory proceedings and enforcement actions; the ongoing impact of future business combinations on our performance and financial condition, including our ability to successfully integrate the businesses, success of revenue-generating and cost reduction initiatives, the effectiveness of derivative financial instruments and hedging activities to manage risks, projected tax rates, increased cybersecurity risks, including potential business disruptions or financial losses, the adequacy of our internal controls over financial reporting, the financial impact of regulatory requirements and tax reform legislation, the impact of the change in the reference rate reform, deposit trends, credit quality trends, the impact of natural or man-made disasters, the impact of PPP loans and forgiveness on our results, the impact of current and future economic conditions, including the effects of declines in the real estate market, high unemployment, inflationary pressures, elevated interest rates and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing, net interest margin trends, future expense levels, future profitability, improvements in expense to revenue (efficiency) ratio, purchase accounting impacts, accretion levels and expected returns. Also, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words "believes," "expects," "anticipates," "estimates," "intends," "plans," "forecast," "goals," "targets," "initiatives," "focus," "potentially," "probably," "projects," "outlook," or similar expressions or future conditional verbs such as "may," "will," "should," "would," and "could." Forward-looking statements are based upon the current beliefs and expectations of management and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events. Forward-looking statements are subject to significant risks and uncertainties. Any forward-looking statement made in this release is subject to the safe harbor protections set forth in the Private Securities Litigation Reform Act of 1995. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021 and in other periodic reports that we file with the SEC. Important cautionary statement about forward-looking statements HNCOCK WHITNEY 2

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Non-GAAP Reconciliations & Glossary of Terms Throughout this presentation we may use non-GAAP numbers to supplement the evaluation of our performance. The items noted below with an asterisk, "\*", are considered non-GAAP. These non-GAAP financial measures should not be considered alternatives to GAAP-basis financial statements, and other bank holding companies may define or calculate these non-GAAP measures or similar measures differently. Reconciliations of those non-GAAP measures to the comparable GAAP measure are included in the appendix to this presentation. The earnings release, financial tables and supporting slide presentation can be found on the company's Investor Relations website at investors.hancockwhitney.com. AFS – Available for sale securities ACL – Allowance for credit losses Annualized – Calculated to reflect a rate based on afull year AMBR – Ameribor Unsecured Overnight Rate AOCI – Accumulated other comprehensive income ARM – Adjustable Rate Mortgage B – Dollars in billions beta – repricing based on a change in market rates bps – basis points BOLI – Bank-owned life insurance BSBY – Bloomberg Short-Term Bank Yield Index C&D – Construction and land development loans CET1 – Common Equity Tier 1 Ratio Core Loans - Loans excluding PPP activity COVID-19 – Pandemic related virus CRE – Commercial real estate DDA – Noninterest-bearing demand deposit accounts (e) – estimated \*Efficiency ratio – noninterest expense to total net interest (TE) and noninterest income, excluding amortization of purchased intangibles and nonoperating items EOP – End of period EPS – Earnings per share Excess liquidity - deposits held at the Fed plus investment in the bond portfolio above normal levels Fed - Federal Reserve Bank FF – Federal Funds FHLB – Federal Home Loan Bank FTE – Full time equivalent FV – Fair Value HFS – Held for sale HTM – Held to maturity securities ICRE – Income-producing commercial real estate IRR – Interest rate risk LIBOR – London Inter-Bank Offered Rate Line Utilization - represents the used portion of a revolving line resulting in a funded balance for a given portfolio; credit cards, construction loans (commercial and residential), and consumer lines of credit are excluded from the calculation Linked-quarter (LQ) – current quarter compared to previous quarter LQA – Linked-quarter annualized M&A – Mergers and acquisitions MM – Dollars in millions MMDDYY – Month Day Year NII – Net interest income \*NIM – Net interest margin (TE) NPA – Nonperforming assets NPL – Nonperforming loans OCI – Other comprehensive income OFA – Other foreclosed assets \*Operating – Financial measure excluding nonoperating items \*Operating Leverage – Operating revenue (TE) less operating expense; also known as PPNR ORE – Other real estate PF – Public Funds \*PPNR – Pre-provision net revenue (operating); also known as operating leverage PPP – SBA's Paycheck Protection Program related to COVID-19 ROA – Return on average assets ROTCE – Return on tangible common equity SBA – Small Business Administration SBIC – Small business investment company SOFR – Secured Overnight Financing Rate S1 – Stronger Near-term Growth S2 – Slower Near-term Growth TCE – Tangible common equity ratio (common shareholders' equity less intangible assets divided by total assets less intangible assets) \*TE – Taxable equivalent (calculated using the current statutory federal tax rate) XHYY – Half Year XQYY – Quarter Year Y-o-Y – Year over year HNCOCK WHITNEY 3

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Corporate Profile $35.2 billion in Total Assets $23.1 billion in Total Loans $29.1 billion in Total Deposits CET1 ratio 11.37%(e) Tangible Common Equity (TCE) ratio 7.09% $4.2 billion in Market Capitalization 177 full service banking locations and 226 ATMs across our footprint Approximately 3,600 (FTE) employees corporate-wide Moody's long-term issuer rating: Baa3; outlook stable S&P long-term issuer rating: BBB; outlook stable Ranked in top 100 Best Banks in America by Forbes Recognized for top client satisfaction ranking by J.D. Power Earned top customer service marks with Greenwich Excellence Awards Diversity, equity and inclusion (DEI) are fundamental to the spirit of HWC's purpose, mission and values HWC Nasdaq Listed HNCOCK WHITNEY 4 As of December 31, 2022

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Fourth Quarter 2022 Highlights Net income totaled $143.8 million, or $1.65 per diluted share, up $8.4 million, or $0.10 per share, linked quarter Pre-provision net revenue (PPNR)\* totaled $185.0 million, up $10.3 million, or 6%, linked-quarter Total loan growth of $528.5 million, or 9% LQA, exceeded expectations (See slide 7) Criticized commercial loans, down slightly, linked-quarter; nonperforming loans, also decreased slightly and both remain at historical low levels (See slide 9) ACL coverage remained strong at 1.48% (See slide 10) Deposits increased $119.1 million, or 2% LQA (See slide 12) NIM increased 14 bps to 3.68% (See slide 13) CET1 ratio estimated at 11.37%, up 27 bps; TCE ratio 7.09%, up 36 bps (See slide 17) Efficiency ratio improved to 49.81% ($s in millions; except per share data) 4Q22 3Q22 4Q21 Net Income $143.8 $135.4 $137.7 Provision for credit losses 2.5 1.4 (28.4) Nonoperating income items, net ─ ─ (4.9) Earnings Per Share – diluted $1.65 $1.55 $1.55 Return on Assets (%) (ROA) 1.65 1.56 1.53 Return on Tangible Common Equity (%) (ROTCE) 24.64 21.58 20.13 Net Interest Margin (TE) (%) 3.68 3.54 2.80 Net Charge-offs (recoveries) (%) 0.02 0.02 0.01 CET1 Ratio (%) 11.37(e) 11.10 11.09 Tangible Common Equity (%) 7.09 6.73 7.71 Pre-Provision Net Revenue (TE)\* $185.0 $174.7 $134.2 Efficiency Ratio (%) 49.81 51.62 56.57 \*Non-GAAP measure: see appendix for non-GAAP reconciliation

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2022 Highlights Net income of $524.1 million, or $5.98 per diluted share, up $60.9 million, or $0.76 per share, compared to 2021 Operating pre-provision net revenue (PPNR)\* totaled $641.1 million, up $103.5 million, or 19%, compared to 2021 Negative provision for credit losses of $28.4 million in 2022 compared to a negative provision for credit losses of $77.5 million in 2021 Core EOP loan growth of $2.5 billion, or 12%, was partially offset by $492 million in net PPP loan forgiveness, resulting in an overall increase in total loans of $2.0 billion Deposits decreased $1.4 billion, or 5%, mainly attributed to runoff of stimulus funding and Hurricane Ida recovery proceeds added in 2021 Criticized commercial loans and nonperforming loans remained at historically low levels throughout the year NIM increased 31 bps to 3.26% driven mainly by increasing rates and a change in the mix of earning assets \*Non-GAAP measure: see appendix for non-GAAP reconciliations. ($s in millions; except per share data) 2022 2021 Net Income $524.1 $463.2 Provision for credit losses (28.4) (77.5) Nonoperating expense items, net ─ 35.9 Earnings Per Share – diluted $5.98 $5.22 Return on Assets (%) (ROA) 1.49 1.32 Return on Tangible Common Equity (%) (ROTCE) 21.07 17.74 Net Interest Margin (TE) (%) 3.26 2.95 Net Charge-offs (%) 0.01 0.15 CET1 Ratio (%) 11.37(e) 11.09 Tangible Common Equity (%) 7.09 7.71 Pre-Provision Net Revenue (TE)\* $641.1 $537.6 Efficiency Ratio (%) 52.93 57.29

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Loans totaled $23.1 billion, up $528.5 million, or 9% LQA Improving line utilization contributed to growth in most markets and lines of business; increase in mortgage driven by one-time close product Tailwinds and headwinds to future loan growth: Tailwinds: Continued improvement in utilization rates Headwinds: Amortizing only indirect portfolio Limiting growth in CRE Potential economic slowdown Higher than expected level of payoffs Quarterly Loan Growth Exceeded Expectations Bar Chart

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Yield on New Loans Reflects High Rates $ in millions \* Excluding PPP loans New Loan Yield - Fixed 3.40% 3.73% 3.62% 4.45% 5.28% 5.95% New Loan Yield - Variable 2.94% 2.94% 2.92% 3.25% 4.79% 6.40%

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Criticized Commercial Loans, NPLs Remain Near Historically Low Levels Criticized commercial loans totaled $302 million, or 1.64% of total commercial loans, at December 31, 2022, slightly down, linked-quarter Nonperforming loans totaled $41 million, or 0.18% of total loans, at December 31, 2022, relatively flat linked-quarter 1.68% 0.28% 1.68% Total Loans $21,134 $21,323 $21,846 $22,586 $23,114 Total Commercial Loans 17,127 17,303 17,660 18,166 18,444 Criticized Commercial Loans 287 282 281 304 302 Total Nonperforming Loans 59 45 40 42 41 1.63% 0.21% 1.59% 0.19% 0.19% 1.64% 0.18% $700 $600 $500 $400 $300 $200 $100 $0 3Q20 4Q20 1Q21 2Q21 3Q21 HNCOCK WHITNEY 12 Includes PPP loans $ in millions

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Solid Asset Quality Metrics, Low Net Charge-offs, Strong Reserve Provision for the quarter of $2.5 million, reflects $1.0 million of net charge-offs and a reserve build of $1.5 million Weighting applied to Moody's December 2022 economic scenarios was 25% baseline and 75% slower growth (S2); scenario weightings unchanged over last three quarters Given inflation levels and recession concerns, scenario mix and weighting captures greater potential for slower near term economic growth than provided for in the baseline scenario Net Charge-offs Reserve Build Total Provision ($s in millions) 4Q22 3Q22 4Q22 3Q22 4Q22 3Q22 Commercial ($1.2) ($0.3) ($0.1) ($0.9) ($1.3) ($1.2) Mortgage (0.2) (0.9) 1.5 2.4 1.3 1.5 Consumer 2.4 2.5 0.1 (1.4) 2.5 1.1 Total $1.0 $1.3 $1.5 $0.1 $2.5 $1.4 12/31/2022 9/30/2022 Portfolio ($ in millions) Amount % of Loan and Leases Outstanding Amount % of Loan and Leases Outstanding Commercial $247 1.34% $247 1.36% Mortgage 32 1.05% 31 1.09% Consumer 28 1.78% 28 1.79% Allowance for Loan and Lease Losses $307 1.33% $306 1.36% Reserve for Unfunded Lending Commitments 34 --- 34 --- Allowance for Credit Losses $341 1.48% $340 1.50%

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Securities Portfolio Positioned for Rising Rates Securities portfolio (excluding unrealized losses) totaled $9.2 billion, up $2.4 million AFS/HTM mix 69% AFS, 31% HTM at 12/31/22 To reduce OCI volatility and provide flexibility to reposition and/or reprice the hedged assets in a changing rate environment, we have $716 million of FV hedges on $783 million of bonds, or 13% of AFS securities Yield 2.29%, up 12 bps linked-quarter; portfolio yield was 2.31% in December 2022 Purchases during 4Q22 of $144 million at yield of 4.64% mostly from the reinvestment of bond portfolio runoff Terminated $219 million in FV hedges during 4Q22 (will increase the asset yield on the underlying assets) Unrealized net losses on AFS portfolio of $797.8 million and $875.5 million at December 31, 2022 and September 30, 2022, respectively Premium amortization totaled $8.8 million, down $1.2 million linked-quarter Effective duration remains stable at 4.87 years at December 31, 2022 compared 4.93 at September 2022 Securities Portfolio Mix 12/31/20 $s in millions CMBS $2,873 41% CMO $513 7% U.S. Agencies and other $219 3% RMBS $2,582 36% Munis $936 13% HNCOCK WHITNEY 15 Bar chart,pie chart

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Seasonality Drives Growth; Higher Rates Drive Slight Shift in Mix Total deposits of $29.1 billion, up $119.1 million, or 2% LQA Decrease in non-interest bearing DDA primarily due to commercial clients deploying excess liquidity into working capital Decrease in interest-bearing money market and savings mostly due to a shift into higher rate products Increase in public fund deposits primarily related to expected seasonal inflows which typically begin to runoff in the first quarter of each year Increase in time deposits related to competitive rates offered on certain certificates of deposit DDAs comprised 47% of total period-end deposits Total Deposits 12/31/20 $s in millions Time Deposits (retail) $1,835 7% Time Deposits (brokered) $14 ― Interest-bearing public funds $3,235 12% Interest-bearing transaction & savings $10,414 37% Noninterest bearing $12,200 44% $s in billions Avg Qtrly Deposits LQA EOP growth $28.0 $26.0 $24.0 $22.0 $20.0 $18.0 $16.0 1Q20 $24.3 20% 2Q20 $26.7 37% 3Q20 $26.8 -4% 4Q20 $27.0 10% 1Q21 $27.0 10% HNCOCK WHITNEY 15 Bar chart,pie chart Avg Quarterly Deposits Mix

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Net interest margin (NIM) 3.68%, up 14 bps linked-quarter Net interest income (TE) increased $15.2 million, or 5%, linked-quarter, driven by increasing rates and a change in the mix of earning assets For every additional 25 bp increase in Fed Funds our NIM could widen 1-2 bps; expect NIM to peak when the Fed ceases rate increases Deposit betas key to future NIM levels Continuation of hedging strategy designed to extend duration December 2022 NIM 3.69% Loan Yield 5.34% Cost of Deposits 0.66% Widening NIM Reflects Fed Rate Increases, Change in EA Mix Cost of Deposits (Quarter) 0.60% 0.50% 0.40% 0.30% 0.20% 0.10% Mar-20 Apr-20 May-20 Jun 20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Mar-21e .59% .41% .33% .29% .25% .21% .20% .19% .17% .17% .13% 3.40% 3.30% 3.20% 3.10% 3.00% 2.90% 2.80% 3Q20 NIM (TE) Impact of Securities Portfolio Purchase/Premium amortization Impact of change in earnings asset mix Lower cost of deposits Net impact of interest reversals and recoveries/loan fees accretion 4Q20 NIM (TE) 0.02% 0.06% 0.05% 0.02% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% 4Q19 1Q20 2Q20 3Q20 4Q20 4.69% 3.43% 2.56% 0.76% 4.56% 3.41% 2.53% 0.67% 4.04% 3.23% 2.47% 0.38% 3.95% 3.23% 2.31% 0.30% 3.99% 3.22% 2.23% 0.25% Loan Yield Securities Yield Cost of Fund NIM HNCOCK WHITNEY 18 Line chart

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Loans Loans totaled $23.1 billion at December 31, 2022 41% fixed, 59% variable (includes hybrid ARMs) 33% ($4.5 billion) of variable loans are LIBOR-based 30% ($4.1 billion) of variable loans tied to Wall Street Journal Prime 29% ($3.9 billion) of variable loans tied to SOFR 6% ($848 million) of variable loans tied to AMBR 2% ($207 million) of variable loans tied to BSBY Securities 4Q22 purchases of $144 million ($20 million with excess liquidity and $124 million in reinvestment of runoff on bond portfolio) at an average yield of 4.64% Expect runoff from bond portfolio to begin funding loan growth as needed in 2023 Swaps/Hedges (See slide 29 for more information) $2.1 billion of active receive fixed/pay 1 month LIBOR/SOFR swaps designated as Cash Flow Hedges on the balance sheet; extends asset duration $716 million of pay fixed/receive Fed Effective swaps designated as Fair Value Hedges on $783 million of securities; provides OCI protection and flexibility to reposition and/or reprice the hedged assets in a changing rate environment Deposits Deposits totaled $29.1 billion at December 31, 2022 84% of deposits are low-interest (MMDA, savings) or noninterest bearing (DDA) Shift in deposit mix as interest rates begin to rise Rate Betas Rate Floors Floor Rate Balance \* Balance Cumulative 25-49 bps $670 million $670 million 50-74 bps $804 million $1.5 billion 75-99 bps $546 million $2.0 billion 100-150 bps $1.8 billion $3.8 billion > 150 bps $172 million $4.0 billion IRR Sensitivity Table HWC (Hedges Removed) As of 4Q21 As of 4Q21 Peers \* Immediate 100 bps 7.3% 8.4% 7.3% Gradual 100 bps 3.2% 3.6% 4.3% Deposits $ in millions Time Deposits $1,129 4% Interest-bearing public funds $3,295 11% Interest-bearing transaction & savings $11,650 38% Noninterest bearing $14,393 47% Focused on IRR Sensitivity, NIM Stabilization IRR Sensitivity Table HWC HWC (Hedges Removed) As of 4Q22 As of 4Q22 Immediate +100 bps 3.4% 4.9% Immediate -100 bps -3.8% -5.2% Gradual +100 bps 1.4% 2.1% Gradual -100 bps -1.5% -2.2% 1Q22- 2Q22 2Q22- 3Q22 3Q22- 4Q22 \* Cycle to date (1Q22-4Q22) Deposit Betas 3% 8% 21% 13% Loan Betas 24% 45% 43% 40% \* Excluding PF deposits, 4Q22 Deposit beta was 14%

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Reduced Specialty Income Drives Decline in Overall Fees Noninterest income totaled $77.1 million, down $8.3 million, or 10% linked-quarter Decrease in service charges was primarily related to certain NSF/OD fees eliminated effective December 1, 2022 Decline in secondary mortgage fees due to lower activity driven by current rate environment Decline in other noninterest income is primarily related to a lower level of specialty fees (i.e., BOLI, derivatives and SBIC) Noninterest Income Mix 12/31/22 $s in millions Lower Mortgage, Specialty Income Partly Offset by Higher Service Fees Noninterest income totaled $82.4 million, down $1.3 million, or 2% linked-quarter Service charges and bank card & ATM fees up primarily due to increased activity, although lower than pre-pandemic levels Secondary mortgage fees continue to be impacted by the favorable rate environment, albeit a lower level of refinance activity compared to previous quarters Other income decrease related to lower levels of specialty income (BOLI) in 4Q20 partially offset by higher derivative income Expect 1Q21 fee income to be down related to anticipated lower levels of specialty income and secondary mortgage fees Secondary Mortgage Fees $11.5 14%Other $12.8 16% Noninterest Income Mix 12/31/20 $s in millions Service Charges on Deposit $19.9 24% Investment & Annuity and Insurance $5.8 7% Trust Fees $14.8 18% Bank Card & ATM Fees $17.6 21% 3Q20 NON INTEREST INCOME SERVICE CHARGES ON DEPOSIT accounts bank card & atm fees investment & annuity income and insurance trust fees secondary mortgage fees other 4q20 Non interest income Pie chart

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Expenses Remained Relatively Flat in Most Categories Noninterest expense totaled $190.2 million, down $3.3 million, or 2% linked-quarter Decrease in other expenses primarily due to storm-related gains Noninterest Expense Mix 12/31/22 $s in millions A Focus on Expense Control; More Initiatives Underway Noninterest expense totaled $193.1 million, down $2.7 million, or 1% LQ Decline in personnel expense related to savings from efficiency measures taken to-date, including staff attrition and recent financial center closures Increase in other expenses mainly related to nonrecurring hurricane expense and branch closures Expense reduction initiatives to-date Closed 12 financial centers in 4Q20 8 additional financial centers closures announced in 1Q21 Ongoing branch rationalization reviews Closed Wealth Management trust offices in the NE corridor FTE down 210 compared to June 30, 2020 through staff attrition and other initiatives Early retirement package offered to select employees in 1Q21 Expect 1Q21 expenses to be flat as efficiency initiatives continue and offset typical beginning of the year increases; does not include nonrecurring charges for certain initiatives (i.e. early retirement) Operating Revenue, Operating Expense & Efficiency Ratio

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Remain Well Capitalized, TCE Impacted By OCI CET1 ratio estimated at 11.37%, up 27 bps linked-quarter TCE ratio 7.09%, up 36 bps LQ Tangible net earnings +44 bps Impact of OCI +12 bps Higher tangible assets -13 bps Dividends -7 bps No shares repurchased during 4Q22 Will continue to manage capital in the best interests of the Company and our shareholders; our priorities are: Organic growth Dividends Buybacks M&A Tangible Common Equity Ratio Leverage (Tier 1) Ratio CET1 Ratio and Tier 1 Risked-Based Capital Ratio Total Risk-Based Capital Ratio December 31, 2022 7.09% 9.53%(e) 11.37%(e) 12.93%(e) September 30, 2022 6.73% 9.27% 11.10% 12.67% June 30, 2022 7.21% 8.68% 11.08% 12.70% March 31, 2022 7.15% 8.38% 11.12% 12.82% December 31, 2021 7.71% 8.25% 11.09% 12.84% (e) Estimated for most recent period-end Capital Rebuild Continues After 1H20 De-Risking Activities TCE ratio 7.64%, up 11 bps LQ (7.99% excluding PPP loans) Tangible net earnings +34 bps Change in tangible assets/additional excess liquidity -10 bps Dividends -7 bps Change in OCI & other -6 bps CET1 ratio 10.70%, up 40 bps linked-quarter Intend to pay quarterly dividend in consultation with examiners; board reviews dividend policy quarterly Buybacks on hold Tangible Common Equity Ratio Leverage (Tier 1) Ratio CET1 Ratio and Tier 1 Risked-Based Capital Ratio Total Risk-Based Capital Ratio December 31, 2020 7.64% 7.87%(e) 10.70%(e) 13.31%(e) September 30, 2020 7.53% 7.70% 10.30% 12.92% June 30, 2020 7.33% 7.37% 9.78% 12.36% March 31, 2020 8.00% 8.40% 10.02% 11.87% December 31, 2019 8.45% 8.76% 10.50% 11.90% (e) Estimated for most recent period-end; effective March 31, 2020 regulatory capital ratios reflect the election to use the five-year CECL transition rules

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2023 Forward Guidance 2022Actual FY 2023 Outlook Loans (EOP) $23.1B Expect EOP loan growth in the range of low to mid single digits from $23.1B at 12/31/22 Deposits (EOP) $29.1B Expect EOP deposit growth in the range of flat to low single digits from $29.1B at 12/31/22; likely will utilize cash flows of approximately $600MM from securities portfolio to help fund loan growth in 2023 Operating Pre-Provision, Net Revenue (PPNR) $641.1MM Expect PPNR to be up 13%-18% from FY22 ($641.1MM); assumes full expense guidance Reserve for Credit Losses $341.1MM or 1.48% of total loans Future assumptions in economic forecasts and any change in our own asset quality metrics will drive level of reserves; expect low to modest charge-offs and provision in 1Q23 Noninterest Income $331.5MM Expect noninterest income to be up 3%-4% from FY22 ($331.5MM); consistent with previous guidance, includes loss of NSF/OD fess projected at $10 to $11MM for FY23 Noninterest Expense $750.7MM Expect operating expense to be up 6%-7% from FY22 ($750.7MM) or up 4%-5% excluding increases in pension expense & FDIC assessment Effective Tax Rate 20.5% Approximately 21% Efficiency Ratio 52.93% (4Q22 49.81%) Expect to maintain ratio below 52.50% for FY23; assumes full expense guidance Current Corporate Strategic Objectives (CSOs) (updated annually) 3 Year Objective (4Q25)\* 4Q22 Actual 2022 Actual ROA ≥ 1.55% 1.65% 1.49% TCE ≥ 8% 7.09% (9.17% excl AOCI)\*\* 7.09% (9.17% excl AOCI)\*\* ROTCE ≥ 18% 24.64% (18.22% excl AOCI)\*\* 21.07% (17.65% excl AOCI)\*\* Efficiency Ratio ≤ 50% 49.81% 52.93% \* Assumed Fed Funds Rate: - 4Q23 4.75% - 4Q24 3.50% - 4Q25 3.00% See additional information on NIM guidance on Slide 13 \*\*Non-GAAP measure: see slide 26 for non-GAAP reconciliation

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Positioned Well For Today's Economic Environment Balance sheet de-risked in early 2020 Credit metrics continue at historically low levels Robust ACL at 1.48% of loans Solid capital levels Significant efficiency initiatives executed in 2020/2021 Technology projects focused on scalability and effectiveness Market disruption(s) from M&A lead to opportunities Favorable deposit mix (47% DDA) Current hedge positions provide NII support and extend asset duration Focus on growing relationships with recently hired bankers in growth markets Proven ability to proactively manage expenses

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Appendix and Non-GAAP Reconciliations Appendix and Non-GAAP Reconciliations CHANCOCK WHITNEY

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Summary Income Statement ($ in millions, except for per share data) \*Non-GAAP measure: see slide 25 for non-GAAP reconciliation Change Change 4Q22 3Q22 4Q21 LQ Prior Year YTD 2022 YTD 2021 Y-O-Y 298.1 282.9 231.9 15.2 66.2 Net Interest Income (TE) 1,060.4 944.4 116.0 2.5 1.4 (28.4) 1.1 30.9 Provision for Credit Losses (28.4) (77.5) 49.1 77.1 85.3 89.6 (8.2) (12.5) Noninterest Income 331.5 364.3 (32.8) 190.2 193.5 182.5 (3.3) 7.7 Noninterest Expense 750.7 807.0 (56.3) 179.9 170.7 164.8 9.2 15.1 Income before Income Tax 659.2 568.1 91.1 36.1 35.3 27.1 0.8 9.0 Income Tax Expense 135.1 104.8 30.3 143.8 135.4 137.7 8.4 6.1 Net Income 524.1 463.2 60.9 185.0 174.7 134.2 10.3 50.8 Operating PPNR (TE)\* 641.1 537.6 103.6 143.8 135.4 137.7 8.4 6.1 Net Income 524.1 463.2 60.9 (1.8) (2.0) (2.5) 0.2 0.7 Net Income allocated to participating securities (7.6) (9.1) 1.5 142.0 133.4 135.2 8.6 6.8 Net Income available to common shareholders 516.5 454.1 62.4 86.2 86.0 87.1 0.2 (0.9) Weighted average common shares – diluted (millions) 86.4 87.0 (0.6) 1.65 1.55 1.55 0.10 0.10 EPS 5.98 5.22 0.76 3.68% 3.54% 2.80% 14 bps 88 bps NIM 3.26% 2.95% 31 bps 1.65% 1.56% 1.53% 9 bps 12 bps ROA 1.49% 1.32% 17 bps 17.67% 15.77% 15.00% 190 bps 267 bps ROE 15.39% 13.07% 232 bps 49.81% 51.62% 56.57% -181 bps -676 bps Efficiency Ratio 52.93% 57.29% -436 bps

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![Slide 22](hwc-ex99_2s22.jpg)

Summary Balance Sheet ($ in millions) 4Q22 includes $38.8 million, 3Q22 includes $75.7 million and 4Q21 includes $531.1 million in PPP loans, net 4Q22 includes $53.9 million, 3Q22 includes $108.9 million and 4Q21 includes $708.4 million in average PPP loans, net; YTD 2022 includes $204.8 million and YTD 2021 includes $1.5 billion in average PPP loans, net Average securities excludes unrealized gain/(loss) Summary Balance Sheet ($ in millions) 4Q20 and YTD 2020 include $2.0 billion and 3Q20 included $2.3 billion in PPP loans, net Average securities excludes unrealized gain /(loss) Change 4Q20 3Q20 4Q19 LQ PY Line Item YTD 2020 YTD 2019 Y-o-Y EOP Balance Sheet $21,789.9 $22,240.2 $21,212.8 ($450.3) $577.1 Loans (1) $21,789.9 $21,212.8 $577.1 7,356.5 7,056.3 6,243.3 300.2 1,113.2 Securities 7,356.5 6,243.3 1,113.2 30,616.3 30,179.1 27,622.2 437.2 2,994.1 Earning Assets 30,616.3 27,622.2 2,994.1 33,638.6 33,193.3 30,600.8 445.3 3,037.8 Total assets 33,638.6 30,600.8 3,037.8 $27,698.0 $27,030.7 $23,803.6 $667.3 $3,894.4 Deposits $27,698.0 $23,803.6 $3,894.4 1,667.5 1,906.9 2,714.9 (239.4) (1,047.4) Short-term borrowings 1,667.5 2,714.9 (1,047.4) 30,199.6 29,817.7 27,133.1 381.9 3,066.5 Total Liabilities 30,199.6 27,133.1 3,066.5 3,439.0 3,375.6 3,467.7 63.4 (28.7) Stockholders' Equity 3,439.0 3,467.7 (28.7) Avg Balance Sheet $22,065.7 $22,407.8 $21,037.9 ($342.1) $1,027.8 Loans $22,166.5 $20,380.0 $1,786.5 6,921.1 6,389.2 6,201.6 531.9 719.5 Securities (2) 6,398.7 5,864.2 534.5 29,875.5 29,412.3 27,441.5 463.2 2,434.0 Average earning assets 29,235.3 26,476.9 2,758.4 33,067.5 32,685.4 30,343.3 382.1 2,724.2 Total assets 32,391.0 29,125.4 3,265.6 $27,040.4 $26,763.8 $23,848.4 $276.6 $3,192.0 Deposits $26,212.3 $23,299.3 $2,913.0 1,779.5 1,733.3 2,393.4 46.2 (613.9) Short-term borrowings 1,978.2 1,942.1 36.1 29,660.8 29,333.8 26,869.6 327.0 2,791.2 Total Liabilities 28,957.9 25,822.8 3,135.1 3,406.6 3,351.6 3,473.7 55.0 (67.1) Stockholders' Equity 3,433.1 3,302.7 130.4 3.99% 3.95% 4.69% 4 bps -70 bps Loan Yield 4.13% 4.81% -68 bps 2.23% 2.31% 2.56% -8 bps -33 bps Securities Yield 2.38% 2.62% -24 bps 0.31% 0.39% 1.11% -8 bps -80 bps Cost of IB Deposits 0.57% 1.25% -68 bps 79% 82% 89% -361 bps -1045 bps Loan/Deposit Ratio (Period End) 79% 89% -1045 bps CHANCOCK WHITNEY 26 Change Change 4Q22 3Q22 4Q21 LQ Prior Year YTD 2022 YTD 2021 Y-O-Y EOP Balance Sheet 23,114.0 22,585.6 21,134.2 528.4 1,979.8 Loans (1) 23,114.0 21,134.2 1,979.8 8,408.5 8,333.2 8,552.4 75.3 (143.9) Securities 8,408.5 8,552.4 (143.9) 31,873.0 31,213.4 33,610.4 659.6 (1,737.4) Earning Assets 31,873.0 33,610.4 (1,737.4) 35,183.8 34,567.2 36,531.2 616.6 (1,347.4) Total Assets 35,183.8 36,531.2 (1,347.4) 29,070.3 28,951.3 30,465.9 119.0 (1,395.6) Deposits 29,070.3 30,465.9 (1,395.6) 1,871.3 1,543.0 1,665.1 328.3 206.2 Short-term borrowings 1,871.3 1,665.1 206.2 31,841.2 31,386.8 32,860.9 454.4 (1,019.5) Total Liabilities 31,841.2 32,860.9 (1,019.7) 3,342.6 3,180.4 3,670.4 162.2 (327.8) Stockholders' Equity 3,342.6 3,670.4 (327.8) Avg Balance Sheet 22,723.2 22,138.7 20,770.1 584.5 1,953.1 Loans (2) 21,915.4 21,207.9 707.5 9,200.5 9,177.5 8,378.3 23.0 822.2 Securities (3) 9,013.1 8,105.8 907.3 32,244.7 31,783.8 32,913.7 460.9 (669.0) Average earning assets 32,498.2 32,060.9 437.3 34,498.9 34,377.8 35,829.0 121.1 (1,330.1) Total Assets 35,059.2 35,075.4 (16.2) 28,816.3 29,180.6 29,750.7 (364.3) (934.4) Deposits 29,497.5 29,093.7 403.8 1,575.8 950.6 1,691.6 625.2 (115.8) Short-term borrowings 1,358.7 1,663.2 (304.5) 31,270.2 30,972.3 32,187.0 297.9 (916.8) Total Liabilities 31,654.0 31,530.1 123.8 3,228.7 3,405.5 3,642.0 (176.8) (413.3) Stockholders' Equity 3,405.2 3,545.3 (140.1) 5.12% 4.49% 3.83% 63 bps 129 bps Loan Yield 4.32% 3.92% 40 bps 2.29% 2.17% 1.86% 12 bps 43 bps Securities Yield 2.11% 1.92% 19 bps 0.96% 0.36% 0.12% 60 bps 84 bps Cost of IB Deposits 0.38% 0.17% 21 bps 79.51% 78.01% 69.37% 150 bps 1014 bps Loan/Deposit Ratio (EOP) 79.51% 69.37% 1014 bps

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![Slide 23](hwc-ex99_2s23.jpg)

Operating Results \*Non-GAAP measure: see slide 25 for non-GAAP reconciliation 4Q21 1Q22 2Q22 3Q22 4Q22 Operating PPNR (TE)\* ($000) 134,152 134,501 146,873 174,745 185,026 Net Interest Income (TE) ($000) 231,931 231,008 248,317 282,910 298,116 Net Interest Margin (TE) 2.80% 2.81% 3.04% 3.54% 3.68% Operating Noninterest Income\* ($000) 86,012 83,432 85,653 85,337 77,064 Operating Expense\* ($000) 183,791 179,939 187,097 193,502 190,154 Efficiency Ratio 56.57% 56.03% 54.95% 51.62% 49.81% Results \*Non-GAAP measures. See slides 29-31 for non-GAAP reconciliations 4Q19 1Q20 2Q20 3Q20 4Q20 Operating PPNR (TE)\* ($000) 125,660 115,688 118,518 126,346 130,607 Net Interest Income (TE)\* ($000) 236,736 234,636 241,114 238,372 241,401 Net Interest Margin (TE)\* 3.43% 3.41% 3.23% 3.23% 3.22% Noninterest Income ($000) 82,924 84,387 73,943 83,748 82,350 Operating Expense\* ($000) 194,000 203,335 196,539 195,774 193,144 Efficiency Ratio\* 58.88% 62.06% 60.74% 59.29% 58.23% CHANCOCK WHITNEY 27

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![Slide 24](hwc-ex99_2s24.jpg)

Balance Sheet Summary 4Q21 1Q22 2Q22 3Q22 4Q22 Average Loans ($MM) 20,770 21,122 21,658 22,139 22,723 Average Total Securities ($MM) 8,378 8,688 8,979 9,177 9,201 Average Deposits ($MM) 29,751 30,030 29,980 29,181 28,816 Loan Yield (TE) 3.83% 3.72% 3.86% 4.49% 5.12% Cost of Deposits 0.06% 0.05% 0.07% 0.18% 0.50% Tangible Common Equity Ratio 7.71% 7.15% 7.21% 6.73% 7.09% Balance Sheet Summary 4Q19 1Q20 2Q20 3Q20 4Q20 Average Loans ($MM) 21,038 21,234 22,957 22,408 22,066 Average Total Securities ($MM) 6,202 6,149 6,130 6,389 6,921 Average Deposits ($MM) 23,848 24,327 26,703 26,764 27,040 Loan Yield (TE) 4.69% 4.56% 4.04% 3.95% 3.99% Cost of Interest Bearing Deposits 1.11% 1.01% 0.58% 0.39% 0.31% Tangible Common Equity Ratio 8.45% 8.00% 7.33% 7.53% 7.64% CHANCOCK WHITNEY 28

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![Slide 25](hwc-ex99_2s25.jpg)

Operating Revenue (TE), Operating PPNR (TE) Reconciliation Three Months Ended Twelve Months Ended (in thousands) 12/31/2022 9/30/2022 6/30/2022 3/31/2022 12/31/2021 12/31/2022 12/31/2021 Net interest income $295,501 $280,307 $245,732 $228,463 $229,296 $1,050,003 $933,235 Noninterest income 77,064 85,337 85,653 83,432 89,612 331,486 364,334 Total revenue $372,565 $365,644 $331,385 $311,895 $318,908 $1,381,489 $1,297,569 Taxable equivalent adjustment 2,615 2,603 2,585 2,545 2,635 10,348 11,179 Nonoperating revenue — — — — (3,600) — (10,976) Operating revenue (TE) $375,180 $368,247 $333,970 $314,440 $317,943 $1,391,837 $1,297,772 Noninterest expense (190,154) (193,502) (187,097) (179,939) (182,462) (750,692) (807,007) Nonoperating expense — — — — (1,329) — 46,873 Operating expense (190,154) (193,502) (187,097) (179,939) (183,791) (750,692) (760,134) Operating pre-provision net revenue (TE) $185,026 $174,745 $146,873 $134,501 $134,152 $641,145 $537,638 Total Revenue (TE), Operating PPNR (TE) Reconciliations Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. Three Months Ended (in thousands) 12/31/2020 9/30/2020 6/30/2020 3/31/2020 12/31/2019 Net interest income $238,286 $235,183 $237,866 $231,188 $233,156 Noninterest income 82,350 83,748 73,943 84,387 82,924 Total revenue $320,636 $318,931 $311,809 $315,575 $316,080 Taxable equivalent adjustment 3,115 3,189 3,248 3,448 3,580 Total revenue (TE) $323,751 $322,120 $315,057 $319,023 $319,660 Noninterest expense (193,144) (195,774) (196,539) (203,335) (197,856) Nonoperating expense — — — — 3,856 Operating pre-provision net revenue $130,607 $126,346 $118,518 $115,688 $125,660 CHANCOCK WHITNEY 31 Taxable equivalent (TE) amounts are calculated using a federal tax rate of 21% Three Months Ended Twelve Months Ended (in thousands) 12/31/2022 9/30/2022 6/30/2022 3/31/2022 12/31/2021 12/31/2022 12/31/2021 Nonoperating Income Gain from hurricane-related insurance settlement $— $— $— $— $3,600 $— $3,600 Gain on sale of Hancock Horizon Funds — — — — — — 4,576 Gain on sale of Mastercard Class B common stock — — — — — — 2,800 Nonoperating Expense Efficiency initiatives — — — — (649) — 38,296 Hurricane related expenses (680) 4,412 Loss on redemption of subordinated notes — — — — — — 4,165 Total Nonoperating (income)/expense items, net $— $— $— $— ($4,929) $— $35,897 Nonoperating Items As of January 1, 2022, the company has determined it will no longer include in "nonoperating" items any immaterial results from storm-related expenses and income items

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Tangible Common Equity Ratio Excl. AOCI Reconciliation Three Months Ended Twelve Months Ended (in thousands) 12/31/2022 9/30/2022 6/30/2022 3/31/2022 12/31/2021 12/31/2022 12/31/2021 End of period balance sheet: Total common stockholders' equity $3,342,628 $3,180,439 $3,349,723 $3,450,951 $3,670,352 $3,342,628 $3,670,352 Goodwill and other intangible assets 911,646 914,917 918,345 921,932 925,679 911,646 925,679 Tangible common equity 2,430,982 2,265,522 2,431,378 2,529,019 2,744,673 2,430,982 2,744,673 AOCI in tangible common equity (772,182) (812,781) (527,177) (359,276) (53,935) (772,182) (53,935) Tangible common equity less AOCI $3,203,164 $3,078,303 $2,958,555 $2,888,295 $2,798,608 $3,203,164 $2,798,608 Total assets $35,183,825 $34,567,242 $34,637,525 $36,317,291 $36,531,205 $35,183,825 $36,531,205 Goodwill and other intangible assets 911,646 914,917 918,345 921,932 925,679 911,646 925,679 Tangible assets $34,272,179 $33,652,325 $33,719,180 $35,395,359 $35,605,526 $34,272,179 $35,605,526 AOCI in tangible assets (673,473) (698,485) (483,691) (336,863) (82,563) (673,473) (82,563) Tangible assets less effect of AOCI $34,945,652 $34,350,810 $34,202,871 $35,732,222 $35,688,089 $34,945,652 $35,688,089 Tangible common equity ratio 7.09% 6.73% 7.21% 7.15% 7.71% 7.09% 7.71% Tangible common equity ratio excluding AOCI 9.17% 8.96% 8.65% 8.08% 7.84% 9.17% 7.84% Total Revenue (TE), Operating PPNR (TE) Reconciliations Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. Three Months Ended (in thousands) 12/31/2020 9/30/2020 6/30/2020 3/31/2020 12/31/2019 Net interest income $238,286 $235,183 $237,866 $231,188 $233,156 Noninterest income 82,350 83,748 73,943 84,387 82,924 Total revenue $320,636 $318,931 $311,809 $315,575 $316,080 Taxable equivalent adjustment 3,115 3,189 3,248 3,448 3,580 Total revenue (TE) $323,751 $322,120 $315,057 $319,023 $319,660 Noninterest expense (193,144) (195,774) (196,539) (203,335) (197,856) Nonoperating expense — — — — 3,856 Operating pre-provision net revenue $130,607 $126,346 $118,518 $115,688 $125,660 CHANCOCK WHITNEY 31 Three Months Ended Twelve Months Ended (in thousands) 12/31/2022 9/30/2022 6/30/2022 3/31/2022 12/31/2021 12/31/2022 12/31/2021 Net income $143,787 $135,389 $121,435 $123,478 $137,743 $524,089 $463,215 Average balance sheet: Total common stockholders' equity $3,228,667 $3,405,463 $3,383,789 $3,607,061 $3,642,003 $3,405,206 $3,545,255 Goodwill and other intangible assets 913,223 916,582 920,080 923,752 927,571 918,376 933,701 Tangible common equity 2,315,444 2,488,881 2,463,709 2,683,309 2,714,432 2,486,830 2,611,554 AOCI in equity (815,261) (518,480) (446,889) (142,283) (20,307) (482,676) 18,927 Equity excluding average AOCI $3,130,705 $3,007,361 $2,910,598 $2,825,592 $2,734,739 $2,969,506 $2,592,627 Return of tangible common equity 24.64% 21.58% 19.77% 18.66% 20.13% 21.07% 17.74% Return of tangible common equity excluding AOCI 18.22% 17.86% 16.73% 17.72% 19.98% 17.65% 17.87% Return on Tangible Common Equity Excl. AOCI Reconciliation

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![Slide 27](hwc-ex99_2s27.jpg)

Paycheck Protection Program (PPP) Loans Under the original and extended Paycheck Protection Programs (PPP), the company originated more than 20,000 loans totaling $3.3 billion; $38.8 million in loans outstanding at December 31, 2022 During 4Q22, $37.0 million in PPP loans were forgiven Expect continued slowdown in remaining forgiveness No unamortized fees remaining as of December 31, 2022 Quarterly Impact $ in millionsexcept per share data EOP PPP Net Income PPNR Fees Amortized NIM EPS 2Q20 $2,287 $12.8 $16.2 $13.0 0.05% $0.15 3Q20 2,324 15.3 19.3 17.0 0.06% 0.17 4Q20 2,005 14.7 18.6 15.7 0.05% 0.17 1Q21 2,346 14.3 18.2 14.2 0.04% 0.16 2Q21 1,418 15.8 20.0 16.9 0.09% 0.18 3Q21 935 11.9 15.3 14.4 0.11% 0.13 4Q21 531 8.4 10.9 10.3 0.09% 0.09 1Q22 335 3.7 4.8 4.3 0.03% 0.04 2Q22 151 2.6 3.4 1.8 0.01% 0.03 3Q22 76 1.0 1.3 1.0 0.01% 0.01 4Q22 39 0.2 0.3 0.2 0.00% 0.00 West 25% Central 39% East 36% HNCOCK WHITNEY 7

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![Slide 28](hwc-ex99_2s28.jpg)

Loan Portfolio Composition As of December 31, 2022 HNCOCK WHITNEY 10 Total Loans Outstanding % of Total Loans Commitment ($s in millions) Commercial non-RE $7,798 33.7% $13,429 CRE - owner 2,572 11.1% 2,719 CRE - income producing (ICRE) 2,981 12.9% 3,161 C&D 1,607 7.0% 3,702 Healthcare 2,082 9.0% 2,520 Equipment Finance 1,123 4.9% 1,123 Energy 243 1.1% 356 PPP 39 0.2% 39 Total Commercial 18,445 79.8% 27,049 Mortgage 3,092 13.4% 3,101 Consumer 1,461 6.3% 3,418 Indirect 116 0.5% 116 Grand Total $23,114 100.0% $33,684 For Information Purposes Only (included in categories above) Retail $1,998 8.6% $2,382 Hospitality $1,123 4.9% $1,315 Office - owner $809 3.5% $848 Office - income producing (ICRE) $852 3.7% $892

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Current Hedge Positions Cash Flow (CF) Hedges Receive 232 bps versus paying 1m LIBOR/SOFR on $2.1 billion $500 million of CF hedges terminated in 3Q21 will provide NII support of $7.9 million through 1Q24 No additional CF hedges were terminated in 4Q22 Total Termination Value on remaining active CF Hedges is approximately ($113) million as of 12/31/22 $150 million of existing CF hedges will mature in 1Q23 Fair Value (FV) Hedges $783 million in securities are hedged with $716 million of FV hedges Duration (Market Price Risk) reduced from approximately 7.4 to 3.3 on hedged securities Terminated $219 million in FV hedges in 4Q22 at a gain of $16.6 million (will be recognized as a book value adjustment and will increase the asset yield on the underlying assets by 1.07%) Current Termination Value of FV hedges is approximately $43.5 million at 12/31/2022 FV hedges become fully effective beginning November 2024 through July 2026; at that point we pay fixed 1.68% and receive the fed fund effective rate (resulting in these bonds being a variable rate of FF plus 40 bps) When FV hedges are terminated, the value of each hedge is an adjustment to the book value of the underlying security; thereby changing its current book yield and extending its duration

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![Slide 30](hwc-ex99_2s30.jpg)

Fourth Quarter 2022Earnings Conference Call 1/17/2023 HANCOCK WHITNEY