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Side-by-side financial comparison of Forafric Global PLC (AFRI) and HANCOCK WHITNEY CORP (HWC). Click either name above to swap in a different company.

HANCOCK WHITNEY CORP is the larger business by last-quarter revenue ($295.0M vs $159.7M, roughly 1.8× Forafric Global PLC). HANCOCK WHITNEY CORP runs the higher net margin — 16.1% vs -7.5%, a 23.6% gap on every dollar of revenue.

Forafric Global PLC is an Africa-focused agribusiness operating across the full agricultural value chain, covering staple food production, processing, and distribution. Its core markets are North and West Africa, supplying grain, vegetable oil and essential food commodities to consumer, retail and industrial clients.

Hancock Whitney Corp. is an American bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and the Louisiana Ragin' Cajuns, being the exclusive provider of credit cards for the LSU Tigers, as well as debit cards for both athletic brands.

AFRI vs HWC — Head-to-Head

Bigger by revenue
HWC
HWC
1.8× larger
HWC
$295.0M
$159.7M
AFRI
Higher net margin
HWC
HWC
23.6% more per $
HWC
16.1%
-7.5%
AFRI

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
AFRI
AFRI
HWC
HWC
Revenue
$159.7M
$295.0M
Net Profit
$-12.0M
$47.4M
Gross Margin
10.7%
Operating Margin
-2.5%
Net Margin
-7.5%
16.1%
Revenue YoY
-19.7%
Net Profit YoY
-60.3%
EPS (diluted)
$0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFRI
AFRI
HWC
HWC
Q1 26
$295.0M
Q4 25
$389.3M
Q3 25
$385.7M
Q2 25
$159.7M
$375.5M
Q1 25
$364.7M
Q4 24
$364.8M
Q3 24
$367.7M
Q2 24
$145.6M
$359.6M
Net Profit
AFRI
AFRI
HWC
HWC
Q1 26
$47.4M
Q4 25
Q3 25
$127.5M
Q2 25
$-12.0M
Q1 25
Q4 24
Q3 24
$115.6M
Q2 24
$-8.6M
Gross Margin
AFRI
AFRI
HWC
HWC
Q1 26
Q4 25
Q3 25
Q2 25
10.7%
Q1 25
Q4 24
Q3 24
Q2 24
9.4%
Operating Margin
AFRI
AFRI
HWC
HWC
Q1 26
Q4 25
40.7%
Q3 25
41.6%
Q2 25
-2.5%
38.5%
Q1 25
40.9%
Q4 24
41.3%
Q3 24
39.5%
Q2 24
-0.9%
40.3%
Net Margin
AFRI
AFRI
HWC
HWC
Q1 26
16.1%
Q4 25
Q3 25
33.0%
Q2 25
-7.5%
Q1 25
Q4 24
Q3 24
31.4%
Q2 24
-5.9%
EPS (diluted)
AFRI
AFRI
HWC
HWC
Q1 26
$0.57
Q4 25
$1.48
Q3 25
$1.49
Q2 25
$1.32
Q1 25
$1.38
Q4 24
$1.40
Q3 24
$1.33
Q2 24
$1.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFRI
AFRI
HWC
HWC
Cash + ST InvestmentsLiquidity on hand
$12.2M
$223.7M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$5.3M
Total Assets
$246.1M
$35.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
HWC
HWC
Q1 26
$223.7M
Q4 25
Q3 25
Q2 25
$12.2M
Q1 25
Q4 24
Q3 24
Q2 24
$16.4M
Total Debt
AFRI
AFRI
HWC
HWC
Q1 26
$1.6B
Q4 25
$199.4M
Q3 25
$210.7M
Q2 25
$210.6M
Q1 25
$210.6M
Q4 24
$210.5M
Q3 24
$236.4M
Q2 24
$18.4M
$236.4M
Stockholders' Equity
AFRI
AFRI
HWC
HWC
Q1 26
Q4 25
$4.5B
Q3 25
$4.5B
Q2 25
$5.3M
$4.4B
Q1 25
$4.3B
Q4 24
$4.1B
Q3 24
$4.2B
Q2 24
$16.3M
$3.9B
Total Assets
AFRI
AFRI
HWC
HWC
Q1 26
$35.5B
Q4 25
$35.5B
Q3 25
$35.8B
Q2 25
$246.1M
$35.2B
Q1 25
$34.8B
Q4 24
$35.1B
Q3 24
$35.2B
Q2 24
$287.1M
$35.4B
Debt / Equity
AFRI
AFRI
HWC
HWC
Q1 26
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
1.13×
0.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFRI
AFRI
HWC
HWC
Operating Cash FlowLast quarter
$706.0K
Free Cash FlowOCF − Capex
$146.0K
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
HWC
HWC
Q1 26
Q4 25
$541.8M
Q3 25
$158.8M
Q2 25
$706.0K
$125.8M
Q1 25
$104.2M
Q4 24
$625.7M
Q3 24
$162.5M
Q2 24
$10.5M
$105.0M
Free Cash Flow
AFRI
AFRI
HWC
HWC
Q1 26
Q4 25
$523.1M
Q3 25
$155.0M
Q2 25
$146.0K
$122.0M
Q1 25
$100.2M
Q4 24
$615.5M
Q3 24
$158.6M
Q2 24
$6.4M
$103.7M
FCF Margin
AFRI
AFRI
HWC
HWC
Q1 26
Q4 25
134.4%
Q3 25
40.2%
Q2 25
0.1%
32.5%
Q1 25
27.5%
Q4 24
168.7%
Q3 24
43.1%
Q2 24
4.4%
28.8%
Capex Intensity
AFRI
AFRI
HWC
HWC
Q1 26
Q4 25
4.8%
Q3 25
1.0%
Q2 25
0.4%
1.0%
Q1 25
1.1%
Q4 24
2.8%
Q3 24
1.1%
Q2 24
2.8%
0.4%
Cash Conversion
AFRI
AFRI
HWC
HWC
Q1 26
Q4 25
Q3 25
1.25×
Q2 25
Q1 25
Q4 24
Q3 24
1.41×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AFRI
AFRI

Sales to external customers, Total$159.7M100%
Couscous & Pasta$934.0K1%
Soft Wheat$393.0K0%

HWC
HWC

Segment breakdown not available.

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