Posts Tagged ‘Hancock Bank’

‘Branch rationalization’ guiding Hancock, Regions branching strategies

Fresh off of closing more than two dozen branches and selling a handful of others in its five-state market, Hancock Bank is back in the branching business with the opening of  a full service location in West Hattiesburg. The 5,300-square-foot Oak Grove branch at 12 Newtowne Loop is among several branches and financial centers the […] [...]

Hancock Holding sees quarterly profit tumble

GULFPORT — Hancock Holding Co. said profit in 2013′s fourth quarter fell 26 percent as it spent $17.1 million to improve efficiency. Hancock, which operates Hancock Bank in Mississippi, Alabama and Florida, and Whitney Bank in Louisiana and Texas, posted quarterly profit yesterday of $34.7 million, or 41 cents per share. That’s down from $47 […] [...]

Bank bringing corporate center to Alabama; adding 100 jobs

GULFPORT — Hancock Bank is locating a corporate center in Montgomery, Ala., that will have 200 employees. Bank officials say 100 of the jobs will be new to the company. The bank’s new corporate center will be located on two floors of the Capitol Commerce Center, which was once home to Colonial Bank. Hancock’s chief […] [...]

Hancock’s profits tumble on expenditure for cost-cutting measures

GULFPORT — Regional bank Hancock Holding Co. said profit in 2013′s third quarter fell 30 percent as its spent $20.9 million on cost-cutting. Hancock, which operates Hancock Bank in Mississippi, Alabama and Florida, and Whitney Bank in Louisiana and Texas, posted quarterly profit of $33.2 million, or 40 cents per share. That’s down from $47 […] [...]

Mississippi banks show strength with top Bauer ratings

Highlighting the strong stability of Mississippi’s banks, Bauer Financial has awarded five-star “Superior” ratings to over half of the state’s banks for their first-quarter performance, including two of the largest banks — Hancock Bank and Trustmark Bank. Two other major banking Mississippi banking entities — Birmingham-based Regions Bank and Tupelo’s BancorpSouth — received the three-and-a-half […] [...]

Bank vaults have changed with the times but are still tough

by Published: May 17,2013

Tags: bank security, bank vaults, Hancock Bank, virtual vaults

The old Hollywood stereotype of a bank vault filled with stacks of cash protected behind a massive door is mostly going by the wayside. Instead of keeping large cash inventories in one place, banks spread the money around to branches or wherever else customers need it. That reduces risk and the cost of maintaining a […] [...]

Hancock Bank to close up to 45 branches, only 1 from Mississippi

by Published: May 17,2013

Tags: bank closures, banking, Gulf Coast, Hancock Bank

Hancock Holding Co. has confirmed that the $20-billion regional bank plans to close up to 45 branch offices by the end of the year, but has targeted only one branch in Mississippi for closing. Closings in Louisiana will be few, as well, with just two branches to be shut down in the New Orleans market. […] [...]

Trustmark, Hancock head lengthy list of state’s 5-star banks in Mississippi

More than half of the banks based in Mississippi — including two of its largest, Hancock and Trustmark — received five-star ratings in the latest assessments from Bauer Financial. The five stars signify “superior” performance and are the highest grade awarded by the independent financial analysis and reporting agency based in Coral Gables, Fla. Consistently […] [...]

Bank taps Watts

Biloxi native Bobby Watts, DMD, has accepted an appointment to Hancock Bank’s Biloxi area market board. An accomplished oral and maxillofacial surgeon, Watts is the managing partner of Gulf Coast Oral and Facial Surgery. Watts attended Mississippi Gulf Coast Community College and the University of Southern Mississippi. He is an alumnus of the University of […] [...]

Hancock names managers

by Published: May 30,2011

Tags: Hancock Bank, Jesse Allen, Nikki Skrmetti

Jesse Allen has been named manager of Hancock Bank’s Market Street branch in Pascagoula. A native of Pascagoula, Allen has served as a financial services associate at several coastal Hancock Bank branches, and was branch manager of Harrison Finance. He completed the Mississippi Insurance certification course, and has six years experience in the financial services […] [...]

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