Demonstrações financeiras detalhadas de Hancock Whitney Corporation (HWC): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Hancock Whitney Corporation registou receitas de $2.02B no último exercício, com um CAGR de 5 anos de 7.9%.
Margens dos últimos 12 meses: margem bruta 72.9%, margem operacional 28.2%, margem líquida 21.8%. O fluxo de caixa livre cresceu a CAGR de 10.5% em 5 anos.
Ao preço atual de $74.55, HWC negocia a um P/L de 14.74 e um ROE de 9.61%. A capitalização de mercado é de $6.1B.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $981.1M | $1.16B | $1.29B | $1.44B | $1.38B | $1.35B | $1.47B | $1.89B | $2.05B | $2.02B |
| Custo da Receita | $183.7M | $167.2M | $215.5M | $278.3M | $718.4M | -$28.5M | $58.7M | $582.0M | $663.2M | $543.9M |
| Lucro Bruto | $797.3M | $993.6M | $1.07B | $1.16B | $664.0M | $1.37B | $1.41B | $1.31B | $1.39B | $1.47B |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $444.3M | $496.0M | $515.3M | $551.8M | $470.7M | $482.5M | $459.6M | $510.8M | $488.8M | $467.8M |
| Despesas Operacionais | $610.4M | $685.2M | $691.1M | $770.7M | $788.8M | $805.6M | $747.6M | $817.5M | $812.1M | $848.7M |
| Lucro Operacional | $186.9M | $308.4M | $382.1M | $392.7M | -$124.7M | $568.1M | $659.2M | $490.1M | $574.0M | $625.5M |
| EBITDA | $235.1M | $359.0M | $430.7M | $444.5M | -$74.7M | $613.8M | $704.8M | $536.4M | $615.7M | $655.8M |
| Despesas com Juros | $73.1M | $108.3M | $179.4M | $230.6M | $115.5M | $49.0M | $87.1M | $522.9M | $611.1M | $507.9M |
| Lucro Antes de Impostos | $186.9M | $308.4M | $382.1M | $392.7M | -$124.7M | $568.1M | $659.2M | $490.1M | $574.0M | $612.4M |
| Imposto | $37.6M | $92.8M | $58.3M | $65.4M | -$79.6M | $104.8M | $135.1M | $97.5M | $113.2M | $126.3M |
| Lucro Líquido | $149.3M | $215.6M | $323.8M | $327.4M | -$45.2M | $463.2M | $524.1M | $392.6M | $460.8M | $486.1M |
| LPA | $1.87 | $2.49 | $3.72 | $3.72 | $-0.54 | $5.23 | $6.00 | $4.51 | $5.30 | $5.71 |
| LPA Diluído | $1.87 | $2.48 | $3.72 | $3.72 | $-0.54 | $5.22 | $5.98 | $4.50 | $5.28 | $5.68 |
| Ações em Circulação (Diluídas) | $79.8M | $86.6M | $85.5M | $86.6M | $86.5M | $88.6M | $87.3M | $86.4M | $86.6M | $84.3M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $515.0M | $514.8M | $408.9M | $521.2M |
| Lucro Bruto | $373.1M | $389.3M | $279.5M | $387.6M |
| Lucro Operacional | $160.3M | $171.5M | $58.7M | $162.2M |
| EBITDA | $168.3M | $174.1M | $65.0M | $170.7M |
| Lucro Líquido | $127.5M | $125.6M | $47.4M | $127.0M |
| LPA | $1.50 | $1.51 | $0.58 | $1.56 |
| LPA Diluído | $1.49 | $1.49 | $0.58 | $1.55 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $449.9M | $479.1M | $494.0M | $542.1M | $1.86B | $4.23B | $887.8M | $1.19B | $1.51B | $563.0M |
| Investimentos de Curto Prazo | $2.52B | $2.91B | $2.69B | $4.68B | $6.00B | $6.99B | $5.56B | $4.92B | $5.16B | $229000 |
| Contas a Receber | $82.1M | $82.2M | $86.7M | $123.2M | $205.6M | $225.0M | $166.9M | $214.9M | $162.4M | $138.5M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $3.07B | $3.50B | $3.31B | $5.38B | $8.11B | $11.48B | $6.61B | $6.36B | $6.88B | $132.3M |
| Imobilizado | $361.6M | $333.7M | $353.7M | $490.2M | $491.2M | $452.5M | $425.5M | $407.4M | $378.6M | 0 |
| Ágio | $621.2M | $745.5M | $791.0M | $855.5M | $855.5M | $855.5M | $855.5M | $855.5M | $855.5M | $925.4M |
| Ativos Intangíveis | $87.8M | $90.6M | $96.2M | $106.8M | $86.9M | $70.2M | $56.2M | $44.6M | $35.2M | $67.1M |
| Ativos Totais | $23.98B | $27.34B | $28.24B | $30.60B | $33.64B | $36.53B | $35.18B | $35.58B | $35.08B | $35.47B |
| Contas a Pagar | $9.6M | $8.7M | $12.3M | $10.2M | $4.3M | $3.1M | $9.9M | $45.0M | $20.1M | $14.5M |
| Dívida de Curto Prazo | $1.23B | $1.70B | $1.59B | $2.71B | $1.67B | $1.67B | $1.87B | $1.15B | $639.0M | $1.02B |
| Passivos Circulantes | $20.66B | $23.97B | $24.75B | $26.53B | $29.37B | $32.13B | $30.95B | $30.89B | $30.15B | $1.02B |
| Dívida de Longo Prazo | $436.3M | $305.5M | $225.0M | $233.5M | $378.3M | $244.2M | $242.1M | $236.3M | $210.5M | $199.4M |
| Passivos Totais | $21.26B | $24.45B | $25.15B | $27.13B | $30.20B | $32.86B | $31.84B | $31.77B | $30.95B | $31.01B |
| Reservas | $850.7M | $1.01B | $1.24B | $1.48B | $1.29B | $1.66B | $2.09B | $2.38B | $2.70B | $3.04B |
| Patrimônio Líquido | $2.72B | $2.88B | $3.08B | $3.47B | $3.44B | $3.67B | $3.34B | $3.80B | $4.13B | $4.46B |
| Dívida Total | $1.66B | $2.01B | $1.81B | $3.08B | $2.18B | $2.03B | $2.23B | $1.52B | $967.4M | $1.34B |
| Dívida Líquida | -$1.31B | -$1.38B | -$1.37B | -$2.14B | -$5.68B | -$9.19B | -$4.21B | -$4.59B | -$5.71B | $775.0M |
| Capital de Giro | -$17.59B | -$20.47B | -$21.44B | -$21.15B | -$21.26B | -$20.65B | -$24.34B | -$24.53B | -$23.27B | -$885.0M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $1.43B | $563.0M | $555.5M | $1.09B |
| Ativos Totais | $35.77B | $35.47B | $35.54B | $36.35B |
| Passivos Totais | $31.29B | $31.01B | $31.12B | $31.90B |
| Patrimônio Líquido | $4.47B | $4.46B | $4.42B | $4.44B |
| Dívida Total | $2.25B | $1.34B | $1.68B | $1.89B |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $149.3M | $215.6M | $323.8M | $327.4M | -$45.2M | $463.2M | $524.1M | $392.6M | $460.8M | $486.1M |
| Depreciação e Amortização | $48.1M | $50.6M | $48.6M | $51.7M | $50.0M | $45.8M | $45.6M | $46.3M | $41.7M | $37.3M |
| Compensação em Ações | $14.3M | $17.6M | $19.8M | $20.9M | $21.1M | $22.4M | $23.5M | $24.7M | $22.7M | $24.4M |
| Variação Capital de Giro | $5.8M | -$10.6M | -$19.1M | -$68.2M | -$283.5M | $80.1M | $302.1M | -$96.1M | $40.0M | -$93.7M |
| Fluxo de Caixa Operacional | $343.9M | $411.1M | $449.2M | $351.9M | $355.2M | $585.7M | $842.0M | $495.2M | $625.7M | $541.8M |
| CapEx | -$19.3M | -$20.3M | -$50.7M | -$42.7M | -$37.9M | -$23.5M | -$29.1M | -$25.0M | -$10.2M | -$18.7M |
| Aquisições | 0 | $476.6M | $219.4M | $26.9M | 0 | 0 | 0 | 0 | 0 | -$112.1M |
| Recompra de Ações | 0 | 0 | -$8.3M | -$185.0M | -$12.7M | -$21.8M | -$58.9M | 0 | -$37.7M | -$246.9M |
| Dividendos Pagos | -$76.6M | -$83.3M | -$88.8M | -$94.9M | -$95.6M | -$95.9M | -$94.5M | -$104.7M | -$130.8M | -$153.8M |
| Fluxo de Caixa Livre | $324.6M | $390.8M | $398.5M | $309.2M | $317.3M | $562.1M | $812.9M | $470.2M | $615.5M | $523.1M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $158.8M | $153.0M | $114.4M | $151.3M |
| CapEx | -$3.8M | -$7.1M | -$5.9M | -$860000 |
| Fluxo de Caixa Livre | $155.0M | $145.9M | $108.4M | $150.4M |
| Dividendos Pagos | -$38.4M | -$37.2M | -$42.1M | -$40.5M |
| Compensação em Ações | $6.4M | $6.0M | $5.6M | $7.0M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +18.3% | +11.0% | +11.9% | -4.1% | -2.7% | +8.9% | +28.9% | +8.5% | -1.5% |
| Crescimento Lucro Líquido (anual) | | +44.4% | +50.1% | +1.1% | -113.8% | +1125.4% | +13.1% | -25.1% | +17.4% | +5.5% |
| Crescimento LPA (anual) | | +33.2% | +49.4% | +0.0% | -114.5% | +1068.5% | +14.7% | -24.8% | +17.5% | +7.7% |
| Variação de Ações (anual) | | +8.5% | -1.2% | +1.3% | -0.1% | +2.4% | -1.4% | -1.1% | +0.3% | -2.7% |
| Crescimento FCF (anual) | | +20.4% | +2.0% | -22.4% | +2.6% | +77.2% | +44.6% | -42.2% | +30.9% | -15.0% |
| Margem Bruta | 81.3% | 85.6% | 83.3% | 80.7% | 48.0% | 102.1% | 96.0% | 69.2% | 67.6% | 73.1% |
| Margem Operacional | 19.1% | 26.6% | 29.7% | 27.2% | -9.0% | 42.2% | 45.0% | 25.9% | 28.0% | 31.0% |
| Margem EBITDA | 24.0% | 30.9% | 33.4% | 30.8% | -5.4% | 45.6% | 48.1% | 28.4% | 30.0% | 32.5% |
| Margem Líquida | 15.2% | 18.6% | 25.1% | 22.7% | -3.3% | 34.4% | 35.8% | 20.8% | 22.5% | 24.1% |
| Margem FCF | 33.1% | 33.7% | 30.9% | 21.4% | 23.0% | 41.8% | 55.5% | 24.9% | 30.0% | 25.9% |
| Taxa Efetiva de Imposto | 20.1% | 30.1% | 15.3% | 16.6% | 63.8% | 18.5% | 20.5% | 19.9% | 19.7% | 20.6% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $4.07 | $4.51 | $4.66 | $3.57 | $3.67 | $6.35 | $9.31 | $5.44 | $7.10 | $6.21 |
| Dividendo por Ação | $0.96 | $0.96 | $1.04 | $1.10 | $1.10 | $1.08 | $1.08 | $1.21 | $1.51 | $1.82 |
| Ações em Circulação (Básicas) | $79.8M | $86.6M | $85.4M | $86.5M | $86.5M | $88.6M | $87.3M | $86.4M | $86.3M | $83.2M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 9.61% |
| Retorno sobre capital investido | 1.20% |
| Retorno sobre ativos | 1.18% |
| Margem bruta | 72.93% |
| Margem operacional | 28.20% |
| Margem líquida | 21.81% |
Saúde financeira
| Dívida / Patrimônio | 0.42 |
| Liquidez corrente | 0.91 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 0.31 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 23.05 | 19.88 | 9.31 | 11.80 | -63.00 | 9.56 | 8.06 | 10.77 | 10.32 | 11.15 |
| P/VP | 1.27 | 1.49 | 0.96 | 1.09 | 0.86 | 1.21 | 1.26 | 1.10 | 1.14 | 1.19 |
| P/V | 3.51 | 3.69 | 2.29 | 2.63 | 2.13 | 3.29 | 2.88 | 2.22 | 2.31 | 2.62 |
| Margem Bruta | 81.3% | 85.6% | 83.3% | 80.7% | 48.0% | 102.1% | 96.0% | 69.2% | 67.6% | 73.1% |
| Margem Operacional | 19.1% | 26.6% | 29.7% | 27.2% | -9.0% | 42.2% | 45.0% | 25.9% | 28.0% | 31.0% |
| Margem Líquida | 15.2% | 18.6% | 25.1% | 22.7% | -3.3% | 34.4% | 35.8% | 20.8% | 22.5% | 24.1% |