GULFPORT, Miss.--(BUSINESS WIRE)--
Hancock Holding Company (NASDAQ: HBHC), parent company of 112-year-old
Hancock Bank, recently made Forbes’ “100 Most Trustworthy
Companies” for the second consecutive year — one of only 66 banks
nationwide on this year’s elite roster.
Hancock scored 99 on the 100-point Accounting and Governance Risk (AGR)
scale used to assess the true quality of corporate accounting and
management practices of companies considered for the list.
“We are honored with this recognition,” said Hancock Bank President and
CEO Carl Chaney. “Hancock Bank was founded 112 years ago on principles
of honor and integrity — values that remain core to how we do business.
Our associates’ commitment to these unwavering ideals over the last
century have sustained Hancock Bank’s strength and stability through
some of the best and the most challenging times in America’s history. We
consider this accolade a testament to the continued confidence of our
shareholders, customers, and communities and remain very grateful for
the ongoing opportunity to earn their enduring trust.”
Forbes commissioned Audit Integrity, an independent Los
Angeles-based financial analytics firm, to compile the top-100 list by
examining more than 8,000 companies across America. Audit Integrity
looked beyond the raw data typically reported in companies’ income
statements and balance sheets, using a proprietary AGR analysis of
accounting and governance factors historically linked to fraud and
increased shareholder risk.
Overall, fewer than five percent of public companies surveyed make Audit
Integrity’s list. For the complete 2010 list, go to http://www.forbes.com/2010/08/05/most-trustworthy-companies-personal-finance-audit-integrity.html.
Hancock Bank consistently rates as one of the nation’s strongest, safest
financial institutions. U.S. Banker magazine listed Hancock 12th
in America’s Top 25 financial institutions, and the American Bankers
Association Banking Journal named Hancock Bank one of America’s Top 25
banks. For the past 21 consecutive years, BauerFinancial, a leading
independent bank analysis and research firm, has ranked Hancock Bank in
the top 20 percent of the country’s most financially sound banks.
Hancock Holding Company had assets of approximately $8.2 billion. More
corporate information and e-banking are available at www.hancockbank.com.
Source: Hancock Holding Company
Contact:
Hancock Holding Company
R. Paul Maxwell
VP & Marketing
Communications Director
228-563-7953
paul_maxwell@hancockbank.com