NEW ORLEANS (AP) — Publicly traded regional banks participating in the recent Gulf South Bank Conference told investment analysts in New Orleans that they're focused on growth, dealing with regulatory changes, finding new revenue sources and building technology platforms.
Gulfport, Miss., based Hancock Holding Co. said its main focus is taking advantage of opportunities derived from uniting Hancock Bank and the former Whitney National Bank of New Orleans into one $20 billion company.
With the remaining rules taking effect from the Durbin Amendment — legislation that limited how much money banks can earn from debit card transactions — Hancock stands to lose about $2 million in fee income during the third quarter. The Times-Picayune reports (http://bit.ly/MifoQl ) Carl Chaney, Hancock's chief executive, said his bank is looking for ways to make that up.
Information from: The Times-Picayune, http://www.nola.com