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Side-by-side financial comparison of CULLEN/FROST BANKERS, INC. (CFR) and HANCOCK WHITNEY CORP (HWC), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
HANCOCK WHITNEY CORP is the larger business by last-quarter revenue ($295.0M vs $32.4M, roughly 9.1× CULLEN/FROST BANKERS, INC.). CULLEN/FROST BANKERS, INC. runs the higher net margin — 513.8% vs 16.1%, a 497.7% gap on every dollar of revenue. On growth, CULLEN/FROST BANKERS, INC. posted the faster year-over-year revenue change (15.9% vs -19.7%). Over the past eight quarters, CULLEN/FROST BANKERS, INC.'s revenue compounded faster (14.2% CAGR vs 4.5%).
Frost Bank是总部位于美国圣安东尼奥的德克萨斯州特许银行，为银行控股公司卡伦/弗罗斯特银行家集团的核心子公司。其在得克萨斯州共设有200家营业网点、1750台自动柜员机，按总资产规模统计位列全美前60大银行之列。
汉考克惠特尼公司是总部位于美国密西西比州格尔夫波特的银行控股企业，在密西西比、阿拉巴马、佛罗里达、路易斯安那、得克萨斯五州共运营237家网点。它是新奥尔良圣徒队、路易斯安那州立大学体育队、路易斯安那大学拉法叶分校运动队的官方合作银行，独家发行对应队伍的官方借记卡，还独家提供LSU老虎队专属信用卡。
CFR vs HWC — Head-to-Head
Income Statement — Q4 2025 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $32.4M | $295.0M |
| Net Profit | $166.3M | $47.4M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 513.8% | 16.1% |
| Revenue YoY | 15.9% | -19.7% |
| Net Profit YoY | 7.4% | -62.2% |
| EPS (diluted) | $2.56 | $0.57 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q1 26 | — | $295.0M | ||
| Q4 25 | $32.4M | $282.2M | ||
| Q3 25 | $31.4M | $279.7M | ||
| Q2 25 | $29.2M | $277.0M | ||
| Q1 25 | $28.6M | $269.9M | ||
| Q4 24 | $27.9M | $273.6M | ||
| Q3 24 | $27.4M | $271.8M | ||
| Q2 24 | $26.1M | $270.4M |
| Q1 26 | — | $47.4M | ||
| Q4 25 | $166.3M | — | ||
| Q3 25 | $174.4M | $127.5M | ||
| Q2 25 | $157.0M | — | ||
| Q1 25 | $150.9M | — | ||
| Q4 24 | $154.9M | — | ||
| Q3 24 | $146.5M | $115.6M | ||
| Q2 24 | $145.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 56.1% | ||
| Q3 25 | — | 57.3% | ||
| Q2 25 | — | 52.2% | ||
| Q1 25 | — | 55.3% | ||
| Q4 24 | — | 55.0% | ||
| Q3 24 | — | 53.4% | ||
| Q2 24 | — | 53.6% |
| Q1 26 | — | 16.1% | ||
| Q4 25 | 513.8% | — | ||
| Q3 25 | 554.6% | 45.6% | ||
| Q2 25 | 538.6% | — | ||
| Q1 25 | 527.3% | — | ||
| Q4 24 | 554.8% | — | ||
| Q3 24 | 534.4% | 42.5% | ||
| Q2 24 | 557.2% | — |
| Q1 26 | — | $0.57 | ||
| Q4 25 | $2.56 | $1.48 | ||
| Q3 25 | $2.67 | $1.49 | ||
| Q2 25 | $2.39 | $1.32 | ||
| Q1 25 | $2.30 | $1.38 | ||
| Q4 24 | $2.36 | $1.40 | ||
| Q3 24 | $2.24 | $1.33 | ||
| Q2 24 | $2.21 | $1.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $223.7M |
| Total DebtLower is stronger | — | $1.6B |
| Stockholders' EquityBook value | $4.6B | — |
| Total Assets | $53.0B | $35.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q1 26 | — | $223.7M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| 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 | — | $236.4M |
| Q1 26 | — | — | ||
| Q4 25 | $4.6B | $4.5B | ||
| Q3 25 | $4.5B | $4.5B | ||
| Q2 25 | $4.2B | $4.4B | ||
| Q1 25 | $4.1B | $4.3B | ||
| Q4 24 | $3.9B | $4.1B | ||
| Q3 24 | $4.1B | $4.2B | ||
| Q2 24 | $3.7B | $3.9B |
| Q1 26 | — | $35.5B | ||
| Q4 25 | $53.0B | $35.5B | ||
| Q3 25 | $52.5B | $35.8B | ||
| Q2 25 | $51.4B | $35.2B | ||
| Q1 25 | $52.0B | $34.8B | ||
| Q4 24 | $52.5B | $35.1B | ||
| Q3 24 | $51.0B | $35.2B | ||
| Q2 24 | $48.8B | $35.4B |
| 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 | — | 0.06× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $180.7M | — |
| Free Cash FlowOCF − Capex | $138.2M | — |
| FCF MarginFCF / Revenue | 427.1% | — |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | 131.4% | — |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | 1.09× | — |
| TTM Free Cash FlowTrailing 4 quarters | $127.3M | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q1 26 | — | — | ||
| Q4 25 | $180.7M | $153.0M | ||
| Q3 25 | $248.6M | $158.8M | ||
| Q2 25 | $140.8M | $125.8M | ||
| Q1 25 | $-296.1M | $104.2M | ||
| Q4 24 | $64.3M | $191.6M | ||
| Q3 24 | $307.2M | $162.5M | ||
| Q2 24 | $129.6M | $105.0M |
| Q1 26 | — | — | ||
| Q4 25 | $138.2M | $145.9M | ||
| Q3 25 | $211.7M | $155.0M | ||
| Q2 25 | $114.5M | $122.0M | ||
| Q1 25 | $-337.1M | $100.2M | ||
| Q4 24 | $26.7M | $188.8M | ||
| Q3 24 | $281.9M | $158.6M | ||
| Q2 24 | $103.0M | $103.7M |
| Q1 26 | — | — | ||
| Q4 25 | 427.1% | 51.7% | ||
| Q3 25 | 673.2% | 55.4% | ||
| Q2 25 | 392.8% | 44.0% | ||
| Q1 25 | -1177.7% | 37.1% | ||
| Q4 24 | 95.5% | 69.0% | ||
| Q3 24 | 1028.3% | 58.3% | ||
| Q2 24 | 394.3% | 38.4% |
| Q1 26 | — | — | ||
| Q4 25 | 131.4% | 2.5% | ||
| Q3 25 | 117.4% | 1.4% | ||
| Q2 25 | 90.1% | 1.4% | ||
| Q1 25 | 143.1% | 1.5% | ||
| Q4 24 | 134.9% | 1.0% | ||
| Q3 24 | 92.4% | 1.4% | ||
| Q2 24 | 101.9% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.09× | — | ||
| Q3 25 | 1.43× | 1.25× | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | -1.96× | — | ||
| Q4 24 | 0.42× | — | ||
| Q3 24 | 2.10× | 1.41× | ||
| Q2 24 | 0.89× | — |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
