HANCOCK WHITNEY Business Summary

Hancock Whitney Corp (HWC) operates as a premier regional financial services provider, generating revenue primarily through net interest income from a diversified $28.5 billion loan portfolio and noninterest fee income derived from wealth management, trust services, and transaction fees. The company’s business model is structured across three primary segments: Commercial Banking, which focuses on C&I and real estate lending; Retail Banking, providing consumer deposits and mortgage solutions; and Wealth Management, significantly bolstered by the 2025 acquisition of Sabal Trust Company. As of February 2026, HWC maintains a dominant market position as a top-five deposit holder in its core Mississippi and Louisiana territories. It competes directly with regional peers such as First Horizon Corporation, Regions Financial, Ameris Bancorp, and Old National Bancorp, distinguishing itself through a high Common Equity Tier 1 (CET1) ratio of approximately 14.5% and a strategic expansion into high-growth Sun Belt markets like North Texas and Central Florida. Originally founded in 1899 as Hancock County Bank by John H. Hancock and a group of 19 local businessmen, the modern corporation is the result of a landmark 2011 merger with the New Orleans-based Whitney National Bank (est. 1883). The current leadership team is anchored by President and CEO John M. Hairston, who has led the institution since 2008 and previously served as COO, bringing over three decades of financial services experience. He is supported by Senior EVP and CFO Michael M. Achary, who oversees the bank’s capital strategy and financial reporting, and Senior EVP and COO D. Shane Loper, who also serves as President of Hancock Whitney Bank. The Board of Directors is led by Independent Chairman Jerry L. Levens, ensuring robust governance for the NASDAQ-listed entity, which remains a staple of the S&P MidCap 400 index.