Hancock Whitney (HWC) has demonstrated solid performance, with its shares appreciating by about 22% over the past year. The company has been proactive in the mergers and acquisitions (M&A) space, recently completing a $378 million all-cash acquisition of OFB Bancshares, which will enhance its operations in Florida. This strategic move is aimed at leveraging its strong capital position and achieving cost synergies. Following this acquisition, Hancock Whitney has been upgraded to a 'Buy' rating, with analysts projecting a 13% upside potential. The company plans to maintain its dividend while halting stock buybacks until its Common Equity Tier 1 (CET1) capital ratio normalizes by late 2027. For the upcoming year, HWC anticipates mid-single-digit loan growth, flat deposit growth, and expects earnings per share (EPS) to reach $6.40 in 2024, increasing to approximately $7 by 2027. This outlook reflects a stable financial trajectory amid the recent strategic expansions.