HWC
Hancock Whitney Corporation
HWC's outlook is improving, though it still trails on the overall score.
JPM
JPMorgan Chase & Co.
JPM has the edge over HWC overall, supported by stronger fundamentals and stronger valuation.
HWC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HWC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HWC.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
HWC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.1x | $40.37 | -38% |
| Forward | 9.2x | $65.00 | — |
| Fair | 10x | $52.07 | -20% |
| Expensive | 13x | $64.92 | -0.1% |
| Current | 13x | $65.00 | — |
Historical ranges are pointers, not guarantees.
HWC's PE is in its expensive range at 13x. If earnings grow as analysts expect, today's price would be 9.2x next year's earnings, in its cheap range.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM has the edge over HWC in the historical PE scenario, which offers more potential upside but is not a forecast.
HWC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
HWC has the edge over JPM on the outlook, with more favorable valuation expectations.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
HWC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.08 | +43% |
| Q3 2026 | $4.96 | -11% |
| Q2 2026 | $5.09 | -6.3% |
| Q1 2026 | $4.86 | -10% |
| Q4 2025 | $5.67 | +7.4% |
| Q3 2025 | $5.59 | +25% |
| Q2 2025 | $5.43 | +28% |
| Q1 2025 | $5.42 | +26% |
| Q4 2024 | $5.28 | +17% |
HWC earned $4.96 per share over the past year, down 11% from the year before.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM has the edge over HWC on earnings, with more consistent year-over-year improvement.
HWC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $420.1M | +8.9% |
| Q2 2026 | $401.4M | +6.9% |
| Q1 2026 | $292.6M | -20% |
| Q4 2025 | $389.3M | +6.7% |
| Q3 2025 | $385.7M | +4.9% |
| Q2 2025 | $375.5M | +4.4% |
| Q1 2025 | $364.7M | +3% |
| Q4 2024 | $364.8M | +18% |
HWC's revenue grew through 2024 and has held roughly level since: $420M last quarter, up 8.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 34% | -7.8 points |
| Q2 2026 | 40% | +1.9 points |
| Q1 2026 | 20% | -21 points |
| Q4 2025 | 41% | -0.6 points |
| Q3 2025 | 42% | +2.1 points |
| Q2 2025 | 39% | -1.8 points |
| Q1 2025 | 41% | +3.2 points |
| Q4 2024 | 41% | +21 points |
HWC's operating margin was 34% last quarter, down 7.8 points from the same quarter a year ago.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
JPM has the edge over HWC on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM has the edge over HWC on profitability, with a higher operating margin.
HWC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $255M | +65% |
| Q2 2026 | $150.4M | +23% |
| Q1 2026 | $108.4M | +8.2% |
| Q4 2025 | $145.9M | -23% |
| Q3 2025 | $155M | -2.3% |
| Q2 2025 | $122M | +18% |
| Q1 2025 | $100.2M | -39% |
| Q4 2024 | $188.8M | +104% |
HWC has the edge over JPM on cash generation, producing positive trailing cash flow while its opponent burns cash.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
JPM's free cash flow was −$84.2B over the past year, against −$120B the year before. Free cash flow isn't a meaningful measure for financial services companies like JPM.
HWC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -873K shares |
| 1 year | -5.7% | -4.8M shares |
| 3 years | -6.7% | -5.8M shares |
| 5 years | -7.3% | -6.4M shares |
| Available history | -6.9% | -6M shares |
HWC has the edge over JPM on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $82.4M |
| Q2 2026 | $46.5M |
| Q1 2026 | $94.6M |
| Q4 2025 | $146.6M |
| Q3 2025 | $40.1M |
| Q2 2025 | $39.4M |
| Q1 2025 | $20.7M |
| Q4 2024 | $7.9M |
HWC spent $370M buying back its own shares over the past year, about three times what it spent the year before.
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has 2.7B diluted shares, down 3.1% from a year ago, with $24.5B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
HWC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.7x | Healthy |
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 1.8x | Healthy |
| Q4 2025 | 1.0x | Healthy |
| Q3 2025 | 2.5x | Moderate |
| Q2 2025 | 1.2x | Healthy |
| Q1 2025 | 0.4x | Very low |
| Q4 2024 | 0.5x | Very low |
HWC's net debt is about 1.7 years of its operating earnings (EBITDA), down from 2.5 years a year ago. Net leverage isn't a meaningful measure for financial services companies like HWC.
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM has the edge over HWC on leverage, with a lower net debt burden relative to earnings.
HWC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.0 | Neutral |
| Stochastic | 31.9 | Neutral |
HWC's weekly RSI is 34 (neutral) and its Stochastic is 32 (neutral).
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
HWC PE vs Financial Services Sector
| Metric | HWC | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.6% above |
| PE % | 83 | 63 | 20 pts above |
HWC has the edge over JPM on valuation relative to its sector.
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM is trading at 14x earnings, a 10% premium to the Financial Services sector's median of 13x.
HWC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $71.8 | 9.5% below |
| 20 week MA | $74.5 | 13% below |
| 50 week MA | $70.1 | 7.3% below |
| 100 week MA | $63.6 | 2.2% above |
| 200 week MA | $54.3 | 20% above |
HWC has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 20% above its 200-week average.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM has the edge over HWC on trend strength, trading above more of its moving averages.
HWC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $43.8 | $34.2 | -22% |
| 2021 | $34.2 | $48.6 | +42% |
| 2022 | $48.6 | $48.5 | -0.3% |
| 2023 | $48.5 | $48.6 | +0.2% |
| 2024 | $48.6 | $54.9 | +13% |
| 2025 | $54.9 | $65.2 | +19% |
| 2026 YTD | $65.2 | $65.0 | -0.3% |
HWC has finished higher in four of the last six years. It's roughly flat so far in 2026.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has the edge over HWC on returns for 2026, with the stronger performance.