hancock holding co
(HBHC:Consolidated Issue Listed on Nasdaq Glbl Slct Mrkt)
hancock holding co (HBHC) Snapshot
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Open
$29.08
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Previous Close
$29.12
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Day High
$29.17
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Day Low
$28.90
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52 Week High
01/23/13 - $33.59
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52 Week Low
04/26/13 - $25.00
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Market Cap
2.5B
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Average Volume 10 Days
522.0K
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EPS TTM
$2.29
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Shares Outstanding
84.9M
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EX-Date
06/3/13
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P/E TM
12.7x
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Dividend
$0.96
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Dividend Yield
3.31%
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Related News
hancock holding co (HBHC) Related Businessweek News
No Related Businessweek News Foundhancock holding co (HBHC) Details
Hancock Holding Company, a financial holding company, provides financial and banking services in Mississippi, Louisiana, Alabama, Florida, and Texas. The company accepts various deposit products, including non-interest bearing demand deposit accounts, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts. Its loan portfolio comprises commercial, consumer, and real estate loans to consumers, and small and middle market businesses, as well as secured and unsecured loan products, including revolving credit facilities and letters of credit. The company also offers various trust services that consist of investment management services on an agency basis; and trustee services for pension plans, profit sharing plans, corporate and municipal bond issues, living trusts, life insurance trusts, and various other types of trusts created by or for individuals, businesses, and charitable and religious organizations. In addition, it provides treasury management services; discount investment brokerage services; personal and business lines of insurance and annuity products; and investment services, insurance agency services, insurance underwriting, and various other services to third parties. As of February 21, 2013, the company operated approximately 250 branches and approximately 300 automated teller machines. Hancock Holding Company was founded in 1899 and is headquartered in Gulfport, Mississippi.
hancock holding co (HBHC) Top Compensated Officers
hancock holding co (HBHC) Key Developments
Hancock Holding Company announced that between 40 and 45 branches will be closed within its five-state footprint by the end of 2013. The company will start closing branches in the third quarter of 2013. The company expects between $18 million and $20 million in costs related to the closures. The branch closures are a part of a $50 million cost reduction and efficiency plan Hancock executives unveiled in April 2013 in response to a low interest rate environment that is putting increasing pressure on earnings. The company aims to have half of the cost reductions in place by the first quarter of 2014.
Hancock Holding Company Presents at SunTrust Robinson Humphrey Financial Services Unconference, May-21-2013 . Venue: Le Parker Meridian, 119 W 56th Street (btw. 6th & 7th Avenue), New York, NY 10019, United States.
Hancock Holding Company announced that the company's board of directors declared a regular second quarter of 2013 common stock cash dividend of $0.24 per share, payable June 14, 2013 to shareholders of record as of June 5, 2013.
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| HBHC:US | $29.05 USD | -0.07 | |
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Industry Analysis
HBHC
Industry Average
| Valuation | HBHC | Industry Range |
| Price/Earnings | 13.7x |
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| Price/Sales | 2.7x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | 13.4x |
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| TEV/Sales | 0.6x |
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To contact HANCOCK HOLDING CO, please visit www.hancockbank.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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