Hancock's Thwarted Expansion Turns Out to Be Good Timing

Fajt, Marissa
January 2010
American Banker;1/21/2010, Vol. 175 Issue 11, p1
Trade Publication
The article focuses on the bank holding company Hancock Holding Co. of Gulfport, Mississippi. The company is seen as the beneficiary of what had previously appeared to be a disaster, Hurricane Katrina in 2005. The storm forced the company to concentrate its business in its home region to finance reconstruction. As a result, it avoided expansion into regions which were devastated by the collapse of the real estate bubble, and is now in sound financial condition.


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