HANCOCK WHITNEY CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $486.1M | $460.8M | $392.6M | $524.1M | $463.2M | $-45.2M | $327.4M | $323.8M |
| Depreciation & Amortization | $27.3M | $32.3M | $34.7M | $31.6M | $29.1M | $30.1M | $30.9M | $26.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $10.0M | $9.4M | $11.6M | $14.0M | $16.7M | $19.9M | $20.8M | $22.1M |
| Stock-Based Compensation | $24.4M | $22.7M | $24.7M | $23.5M | $22.4M | $21.1M | $20.9M | $19.8M |
| Net Cash from Operating Activities | $541.8M | $625.7M | $495.2M | $842.0M | $585.7M | $355.2M | $351.9M | $449.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $18.7M | $10.2M | $25.0M | $29.1M | $23.5M | $37.9M | $42.7M | $50.7M |
| Business Acquisitions | $112.1M | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-314.4M | $274.8M | $-295.2M | $662.4M | $-3.22B | $-3.18B | $-459.0M | $-846.9M |
| Financing Activities | ||||||||
| Dividends Paid | $153.8M | $130.8M | $104.7M | $94.5M | $95.9M | $95.6M | $94.9M | $88.8M |
| Stock Repurchases | $246.9M | $37.7M | $0 | $58.9M | $21.8M | $12.7M | $185.0M | $8.3M |
| Net Cash from Financing Activities | $-239.3M | $-886.8M | $-203.3M | $-1.34B | $2.51B | $2.92B | $155.8M | $394.1M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $523.1M | $615.5M | $470.2M | $812.9M | $562.1M | $317.3M | $309.2M | $398.5M |