Hancock Whitney's first-quarter results aligned with predictions, as efforts to expand growth encountered a slower pace. The bank demonstrated improved deposit costs due to a more favorable funding composition. Loan expansion surpassed forecasts, largely fueled by commercial real estate. However, continued exposure to this sector warrants caution given associated risks. The bank's strong capital position provides a solid foundation for dividend payments and potential mergers and acquisitions. Nevertheless, immediate growth prospects appear limited, as the impact of strategic initiatives will take time to materialize. Consequently, a 'hold' rating has been issued, reflecting the current modest upside.