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Side-by-side financial comparison of HANCOCK WHITNEY CORP (HWC) and MediaAlpha, Inc. (MAX). Click either name above to swap in a different company.

MediaAlpha, Inc. is the larger business by last-quarter revenue ($310.0M vs $295.0M, roughly 1.1× HANCOCK WHITNEY CORP). HANCOCK WHITNEY CORP runs the higher net margin — 16.1% vs 4.5%, a 11.5% gap on every dollar of revenue. On growth, MediaAlpha, Inc. posted the faster year-over-year revenue change (17.3% vs -19.7%). Over the past eight quarters, MediaAlpha, Inc.'s revenue compounded faster (31.9% CAGR vs -9.4%).

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.

Alpha Group Co., Ltd. is a Chinese multinational conglomerate with animation, toy, mass media asset and entertainment company headquartered created by Cai Dongqing in 1993. In 2016, it changed its name from Alpha Animation. The company has a Chinese webcomics site, U17, and also an American film company, Alpha Pictures, and has announced the creation of an animation division also based in the United States.

HWC vs MAX — Head-to-Head

Bigger by revenue
MAX
MAX
1.1× larger
MAX
$310.0M
$295.0M
HWC
Growing faster (revenue YoY)
MAX
MAX
+37.0% gap
MAX
17.3%
-19.7%
HWC
Higher net margin
HWC
HWC
11.5% more per $
HWC
16.1%
4.5%
MAX
Faster 2-yr revenue CAGR
MAX
MAX
Annualised
MAX
31.9%
-9.4%
HWC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HWC
HWC
MAX
MAX
Revenue
$295.0M
$310.0M
Net Profit
$47.4M
$14.0M
Gross Margin
15.1%
Operating Margin
7.2%
Net Margin
16.1%
4.5%
Revenue YoY
-19.7%
17.3%
Net Profit YoY
-60.3%
701.8%
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
HWC
HWC
MAX
MAX
Q1 26
$295.0M
$310.0M
Q4 25
$389.3M
$291.2M
Q3 25
$385.7M
$306.5M
Q2 25
$375.5M
$251.6M
Q1 25
$364.7M
$264.3M
Q4 24
$364.8M
$300.6M
Q3 24
$367.7M
$259.1M
Q2 24
$359.6M
$178.3M
Net Profit
HWC
HWC
MAX
MAX
Q1 26
$47.4M
$14.0M
Q4 25
$31.4M
Q3 25
$127.5M
$14.9M
Q2 25
$-18.7M
Q1 25
$-1.9M
Q4 24
$4.6M
Q3 24
$115.6M
$9.5M
Q2 24
$3.6M
Gross Margin
HWC
HWC
MAX
MAX
Q1 26
15.1%
Q4 25
15.4%
Q3 25
14.2%
Q2 25
15.0%
Q1 25
15.8%
Q4 24
16.3%
Q3 24
15.1%
Q2 24
17.8%
Operating Margin
HWC
HWC
MAX
MAX
Q1 26
7.2%
Q4 25
40.7%
7.7%
Q3 25
41.6%
6.4%
Q2 25
38.5%
-8.0%
Q1 25
40.9%
0.0%
Q4 24
41.3%
6.1%
Q3 24
39.5%
6.0%
Q2 24
40.3%
3.6%
Net Margin
HWC
HWC
MAX
MAX
Q1 26
16.1%
4.5%
Q4 25
10.8%
Q3 25
33.0%
4.9%
Q2 25
-7.4%
Q1 25
-0.7%
Q4 24
1.5%
Q3 24
31.4%
3.7%
Q2 24
2.0%
EPS (diluted)
HWC
HWC
MAX
MAX
Q1 26
$0.57
Q4 25
$1.48
$0.50
Q3 25
$1.49
$0.26
Q2 25
$1.32
$-0.33
Q1 25
$1.38
$-0.04
Q4 24
$1.40
$0.09
Q3 24
$1.33
$0.17
Q2 24
$1.31
$0.07

Balance Sheet & Financial Strength

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

Metric
HWC
HWC
MAX
MAX
Cash + ST InvestmentsLiquidity on hand
$223.7M
$26.1M
Total DebtLower is stronger
$1.6B
$163.5M
Stockholders' EquityBook value
Total Assets
$35.5B
$367.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HWC
HWC
MAX
MAX
Q1 26
$223.7M
$26.1M
Q4 25
$46.9M
Q3 25
$38.8M
Q2 25
$85.4M
Q1 25
$63.6M
Q4 24
$43.3M
Q3 24
$32.3M
Q2 24
$28.7M
Total Debt
HWC
HWC
MAX
MAX
Q1 26
$1.6B
$163.5M
Q4 25
$199.4M
$153.4M
Q3 25
$210.7M
$155.7M
Q2 25
$210.6M
$158.0M
Q1 25
$210.6M
$160.2M
Q4 24
$210.5M
$162.4M
Q3 24
$236.4M
$164.7M
Q2 24
$236.4M
$166.9M
Stockholders' Equity
HWC
HWC
MAX
MAX
Q1 26
Q4 25
$4.5B
$4.2M
Q3 25
$4.5B
$-29.8M
Q2 25
$4.4B
$-3.8M
Q1 25
$4.3B
$7.9M
Q4 24
$4.1B
$2.4M
Q3 24
$4.2B
$-8.4M
Q2 24
$3.9B
$-24.4M
Total Assets
HWC
HWC
MAX
MAX
Q1 26
$35.5B
$367.7M
Q4 25
$35.5B
$383.8M
Q3 25
$35.8B
$266.2M
Q2 25
$35.2B
$249.4M
Q1 25
$34.8B
$240.0M
Q4 24
$35.1B
$262.4M
Q3 24
$35.2B
$236.1M
Q2 24
$35.4B
$198.2M
Debt / Equity
HWC
HWC
MAX
MAX
Q1 26
Q4 25
0.04×
36.88×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
20.23×
Q4 24
0.05×
68.31×
Q3 24
0.06×
Q2 24
0.06×

Financial Flow Comparison

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

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