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Whitney Holding Corp. (WTNY) is in the Financial Services Industry

Revenue
Dec 31 2007
$787.7M
Profit
Dec 31 2007
$151.0M
Market Cap
Nov 28 2008
$1.1B

Latest News and Analysis

Additional Resources

  • N.O.-based Whitney Corp. 4Q dividend down 35 percent

    Shareholders of Whitney Holding Corp. can expect a 35 percent drop in their upcoming dividend compared to the one they received in the third quarter. The parent company of Whitney National Bank today declared a 20 cent quarterly cash dividend on shares of its stock, payable Jan....

    Articles 2008-11-19

  • Whitney Holding completes acquisition of Covington-based Parish

    Whitney Holding Corp. today completed its acquisition of Covington-based Parish National Corp., the parent company of Parish National Bank, which had about $771 million in total assets, $606 million in loans and $636 million in deposits as of Sept. 30. Thanks to...

    Articles 2008-11-07

  • N.O.-based Whitney to take part in federal bailout

    A day after celebrating its 125th anniversary, Whitney Holding Corp. is asking for a gift of sorts from the federal government. But ultimately, the banking company sees their request as a way to stabilize the financial industry through additional lending. The company announced today it will file...

    Articles 2008-10-30

  • Louisiana's Whitney Holding CEO to ring Nasdaq opening bell Monday

    Whitney Holding Corp. CEO and President John Hope will ring the opening bell to begin trading on the Nasdaq exchange Monday morning. Whitney National Bank is celebrating its 150th anniversary this month, having been in continuous operation in the greater New Orleans area since 1883...

    Articles 2008-10-24

  • N.O.-based Whitney 3Q income down 85 percent

    Whitney Holding Corp., the parent company of Whitney National Bank, gave fair warning to investors a couple weeks ago that its earnings would take a hit from recent economic pressures and instability in the real estate market. Its third-quarter report released today shows net income dropped 85...

    Articles 2008-10-16

  • Louisiana's Whitney Holding Corp. projects big 3Q earnings dip

    Whitney Holding Corp. provided a sneak peek at its projected third-quarter earnings in advance of its planned acquisition of Parish National Bank. Income for the parent company of Whitney National Bank from July 1 to Sept. 30 is expected to be between $6 million to $8 million, or 10 cents...

    Articles 2008-10-07

  • Fitch Affirms Whitney Holding's IDRs at 'BBB+/F2'; Outlook Stable

    NEW YORK -- Fitch Ratings has affirmed Whitney Holding Corp.'s WTNY long- and short-term Issuer Default Ratings IDRs at 'BBB+/F2'. The affirmations reflect relative stability of the core banking franchise despite some weakness in profitability and asset quality metrics. The Rating Outlook is Stable. Fitch has taken the...

    Articles 2008-09-05

  • BeaconEquity.com Issues Technical Trade Alerts on Regional Financial Stocks: RF, CNB, WTNY, BXS, FHN, HBHC

    DALLAS, Sept. 3 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today. Investors can view all of the daily trading notes for free by visiting: http://www.beaconequity.com/m Today's Trade Alerts include: Regions Financial Corp. , Colonial Bancgroup Inc. , Whitney Holding...

    Articles 2008-09-03

  • Louisiana-based Whitney Holding Corp. declares quarterly dividend

    Whitney Holding Corp.'s board of directors has declared a quarterly cash dividend of 31 cents per share of common stock, payable on Oct. 1 to shareholders of record as of Sept. 15, 2008. This dividend represents an increase of 2 cents per share, or 7 percent,...

    Articles 2008-08-28

  • Louisiana's Whitney Bank buys Parish National Bank for $165M

    Whitney Bank will add to its presence on the North Shore with the acquisition of Parish National Bank. Whitney Holding Corp. and Parish National Corp. announced an agreement today for Parish National to merge with Whitney in a cash and stock transaction. The merger includes 11...

    Articles 2008-06-09

  • New Orleans-based Whitney Holding net income drops in 1Q

    Whitney Holding Corp. today reported first-quarter net income of $29.9 million, a decline of 19 percent from $37 million in the same quarter last year. Net income for the quarter ended March 31 was also down compared with $30.2 million in the fourth quarter of 2007. ...

    Articles 2008-04-22

  • N.O.-based Whitney Holding Corp. promotes John Turner to president,

    Whitney Holding Corp., parent company of Whitney National Bank, has promoted John Turner Jr. to president of the company and the bank. Turner replaces John Hope III, who became chairman and CEO March 16 after William Marks retired. R. King Milling remains board vice chairman. ...

    Articles 2008-04-07

  • N.O.-based Whitney Holding Corp. promotes Turner to president

    Whitney Holding Corp., parent company of Whitney National Bank, has promoted John Turner Jr. to president of the company and the bank. Turner replaces John Hope III, who became chairman and CEO March 16 following the retirement of William Marks. R. King Milling remains...

    Articles 2008-03-27

  • N.O.-based Whitney Holding Corp. 2007 earnings up despite 4Q decline

    Whitney Holding Corp., parent company of Whitney National Bank, saw its income climb 4.5 percent in 2007 despite an earnings downturn over the last three months of the year. For the year, Whitney earned $151.1 million compared with $144.6 million in 2006. In the fourth quarter, the...

    Articles 2008-01-23

  • Insurance settlement boosts Whitney Holding Corp.'s 3Q income

    Whitney Holding Corp., parent company of Whitney National Bank, earned $48.8 million in the quarter ended Sept. 30, a 38.6 percent increase compared with net income of $35.2 million for the third quarter of 2006. Whitney earnings per share were 71 cents compared with 53 cents for...

    Articles 2007-10-29

  • Defectors decimate New Orleans-region public company list

    The economic landscape has changed greatly with just half of the 22 Top Public Companies operating in the New Orleans region in 2006 still headquartered here in 2007. Only these companies remain headquartered in the New Orleans metro area: Entergy New Orleans, Pool Corp., Tidewater Inc., Stewart...

    Articles 2007-06-18

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  • Incorporated: 1962
  • CEO: Mr. John C. Hope III
  • Employees: 2,542

Whitney Holding is a bank holding company. Through its subsidiary, Whitney National Bank, Co. is engaged in community banking and serves a market area that covers the five-state Gulf Coast region stretching from Houston, TX, across southern Louisiana and the coastal region of Mississippi, to central and south Alabama, the western panhandle of Florida, and to the Tampa Bay metropolitan area of Florida. In addition, Co. owns Whitney Community Development Corp., which provides financial support to corporations or projects that promote community welfare in areas with mainly low or moderate incomes. As of Dec 31 2007, Co. had total assets of $11.03 billion and deposits of $8.58 billion.

Key Competitors

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Whitney Holding Corp. Company Info

Board of Directors

Mr. John C. Hope III

Chairman

Mr. Alfred S. Lippman

Mr. Richard B. Crowell

Dr. Michael L. Lomax Ph.D.

Mr. Dean E. Taylor

Mr. R. King Milling

Mr. John M. Turner Jr.

Mr. Thomas D. Westfeldt

Mr. Joel B. Bullard Jr.

Mr. Angus R. Cooper II

Mr. Eric J. Nickelsen

Ms. Kathryn M. Sullivan

Mr. William A. Hines

Contact Information

228 St. Charles Avenue

New Orleans, LA

http://www.whitneybank.com

504 586-7272

NAICS Code

Commercial Banking: 522110
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