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Side-by-side financial comparison of American Well Corp (AMWL) and Metropolitan Bank Holding Corp. (MCB). Click either name above to swap in a different company.

Metropolitan Bank Holding Corp. is the larger business by last-quarter revenue ($88.5M vs $55.3M, roughly 1.6× American Well Corp). Metropolitan Bank Holding Corp. runs the higher net margin — 35.5% vs -45.1%, a 80.6% gap on every dollar of revenue. On growth, Metropolitan Bank Holding Corp. posted the faster year-over-year revenue change (25.4% vs -22.1%). Over the past eight quarters, Metropolitan Bank Holding Corp.'s revenue compounded faster (14.3% CAGR vs -3.6%).

The American Tobacco Company was a tobacco company founded in 1890 by J. B. Duke through a merger between a number of U.S. tobacco manufacturers including Allen and Ginter, Goodwin & Company, and Kinney Brothers. The company was one of the original 12 members of the Dow Jones Industrial Average in 1896. The American Tobacco Company dominated the industry by acquiring the Lucky Strike Company and over 200 other rival firms. Federal Antitrust action begun in 1907 broke the company into several ...

Sandy Spring Bancorp, Inc. was a bank holding company headquartered in Olney, Maryland and operating in the Washington metropolitan area. In addition to banking services, the company offered commercial and personal lines of insurance, surety bonds, workers compensation insurance, and professional liability insurance protection as well as financial planning, wealth management, and asset management for high-net-worth individuals, businesses, and associations. In April 2025, the company was acqu...

AMWL vs MCB — Head-to-Head

Bigger by revenue
MCB
MCB
1.6× larger
MCB
$88.5M
$55.3M
AMWL
Growing faster (revenue YoY)
MCB
MCB
+47.5% gap
MCB
25.4%
-22.1%
AMWL
Higher net margin
MCB
MCB
80.6% more per $
MCB
35.5%
-45.1%
AMWL
Faster 2-yr revenue CAGR
MCB
MCB
Annualised
MCB
14.3%
-3.6%
AMWL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMWL
AMWL
MCB
MCB
Revenue
$55.3M
$88.5M
Net Profit
$-24.9M
$31.4M
Gross Margin
Operating Margin
-45.5%
Net Margin
-45.1%
35.5%
Revenue YoY
-22.1%
25.4%
Net Profit YoY
41.6%
92.2%
EPS (diluted)
$-1.53
$2.92

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
AMWL
AMWL
MCB
MCB
Q1 26
$88.5M
Q4 25
$55.3M
$88.4M
Q3 25
$56.3M
$79.8M
Q2 25
$70.9M
$76.3M
Q1 25
$66.8M
$70.6M
Q4 24
$71.0M
$71.0M
Q3 24
$61.0M
$71.5M
Q2 24
$62.8M
$67.7M
Net Profit
AMWL
AMWL
MCB
MCB
Q1 26
$31.4M
Q4 25
$-24.9M
$28.9M
Q3 25
$-32.4M
$7.1M
Q2 25
$-19.7M
$18.8M
Q1 25
$-18.7M
$16.4M
Q4 24
$-42.7M
$21.4M
Q3 24
$-43.5M
$12.3M
Q2 24
$-49.9M
$16.8M
Operating Margin
AMWL
AMWL
MCB
MCB
Q1 26
Q4 25
-45.5%
46.6%
Q3 25
-52.1%
12.8%
Q2 25
-28.7%
35.1%
Q1 25
-45.5%
33.1%
Q4 24
-60.2%
44.1%
Q3 24
-77.6%
24.6%
Q2 24
-83.4%
35.3%
Net Margin
AMWL
AMWL
MCB
MCB
Q1 26
35.5%
Q4 25
-45.1%
32.6%
Q3 25
-57.5%
8.9%
Q2 25
-27.8%
24.6%
Q1 25
-28.0%
23.2%
Q4 24
-60.1%
30.2%
Q3 24
-71.2%
17.2%
Q2 24
-79.5%
24.8%
EPS (diluted)
AMWL
AMWL
MCB
MCB
Q1 26
$2.92
Q4 25
$-1.53
$2.74
Q3 25
$-2.00
$0.67
Q2 25
$-1.24
$1.76
Q1 25
$-1.19
$1.45
Q4 24
$-2.71
$1.89
Q3 24
$-2.87
$1.08
Q2 24
$-3.36
$1.50

Balance Sheet & Financial Strength

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

Metric
AMWL
AMWL
MCB
MCB
Cash + ST InvestmentsLiquidity on hand
$182.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$235.6M
$948.3M
Total Assets
$323.8M
$8.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMWL
AMWL
MCB
MCB
Q1 26
Q4 25
$182.3M
$393.6M
Q3 25
$200.9M
$385.9M
Q2 25
$219.1M
$152.5M
Q1 25
$222.4M
$196.5M
Q4 24
$228.3M
$200.3M
Q3 24
$244.6M
$318.5M
Q2 24
$276.9M
$244.7M
Stockholders' Equity
AMWL
AMWL
MCB
MCB
Q1 26
$948.3M
Q4 25
$235.6M
$743.1M
Q3 25
$254.9M
$732.0M
Q2 25
$282.6M
$723.0M
Q1 25
$294.0M
$737.8M
Q4 24
$304.8M
$729.8M
Q3 24
$336.7M
$715.2M
Q2 24
$363.9M
$692.4M
Total Assets
AMWL
AMWL
MCB
MCB
Q1 26
$8.8B
Q4 25
$323.8M
$8.3B
Q3 25
$359.4M
$8.2B
Q2 25
$388.7M
$7.9B
Q1 25
$419.5M
$7.6B
Q4 24
$436.0M
$7.3B
Q3 24
$483.0M
$7.4B
Q2 24
$507.8M
$7.3B

Cash Flow & Capital Efficiency

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

Metric
AMWL
AMWL
MCB
MCB
Operating Cash FlowLast quarter
$-17.4M
Free Cash FlowOCF − Capex
$-17.4M
FCF MarginFCF / Revenue
-31.4%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMWL
AMWL
MCB
MCB
Q1 26
Q4 25
$-17.4M
$88.7M
Q3 25
$-18.8M
$31.8M
Q2 25
$-4.7M
$18.4M
Q1 25
$-25.1M
$7.8M
Q4 24
$-13.4M
$148.5M
Q3 24
$-32.4M
$4.8M
Q2 24
$-21.8M
$35.3M
Free Cash Flow
AMWL
AMWL
MCB
MCB
Q1 26
Q4 25
$-17.4M
Q3 25
Q2 25
Q1 25
$-25.1M
Q4 24
$-13.4M
Q3 24
$-32.4M
Q2 24
$-21.8M
FCF Margin
AMWL
AMWL
MCB
MCB
Q1 26
Q4 25
-31.4%
Q3 25
Q2 25
Q1 25
-37.6%
Q4 24
-18.9%
Q3 24
-53.0%
Q2 24
-34.7%
Capex Intensity
AMWL
AMWL
MCB
MCB
Q1 26
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
AMWL
AMWL
MCB
MCB
Q1 26
Q4 25
3.07×
Q3 25
4.47×
Q2 25
0.98×
Q1 25
0.47×
Q4 24
6.93×
Q3 24
0.39×
Q2 24
2.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMWL
AMWL

Platform Subscription$28.8M52%
Visits$23.7M43%
Others$2.8M5%

MCB
MCB

Segment breakdown not available.

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