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Published on 10/20/2010 in the Prospect News Investment Grade Daily.

DBRS: Hancock unaffected

DBRS commented that its ratings for Hancock Holding Co., including its A (low) issuer & senior debt rating are unchanged following the release of 3Q10 results.

All ratings remain on stable trend.

In light of the non-recurrence of Hancock's sizable 2Q10 loan loss reserve build and a one-time merger related charge, net income increased to $14.9 million, up from $6.5 million for the prior quarter, the agency added.


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