Hancock Holding (HBHC) in Gulfport, Miss., reported higher quarterly earnings after it aggressively cut costs.

The $19.6 billion-asset company's earnings rose 1% from a year earlier, to $49.1 million. Earnings per share of 58 cents were a penny higher than the average estimate of analysts polled by Bloomberg.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.