10/31/2024 | Press release | Distributed by Public on 10/31/2024 09:52
As Hancock Whitney celebrates the 125th anniversary of its 1899 bank charter, the company has achieved another milestone reaffirming the bank's strength and stability.
BauerFinancial, Inc., has again recommended Hancock Whitney as one of America's strongest, safest banks, now for 35 years in a row - almost as long as BauerFinancial, Inc., has issued quarterly bank ratings.
Combined with previous recommendations, this most recent rating for the quarter ending June 30, 2024, constitutes the 140th consecutive quarter Hancock Whitney has earned a BauerFinancial, Inc., recommendation and firmly secures Hancock Whitney among the top 25% of United States banks based on financial soundness.
The nation's leading bank rating and analysis firm, BauerFinancial, Inc., was founded in 1983. The Coral Gables, Florida, based organization issues quarterly ratings citing the overall soundness of U.S. banks and credit unions.
"When BauerFinancial, Inc., says Hancock Whitney has earned its 5-Star rating, you can have confidence that it is one of the strongest banks in the nation," said BauerFinancial, Inc., President Karen Dorway. "It's very satisfying to see banks that care so much about their communities also being top performers."
Using financial data reported to regulators each quarter, BauerFinancial, Inc., applies a proprietary rating system similar to the CAMELS model regulators use to consider capital adequacy, asset quality, management quality, earnings, liquidity, and sensitivity to market risk.
The firm's quarterly bank ratings come out during the quarter following the rating period. No institution can pay for or opt out of a BauerFinancial, Inc., rating.
Consumers can review bank ratings free at www.bauerfinancial.com.