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Side-by-side financial comparison of ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS) and Commercial Bancgroup, Inc. (CBK). Click either name above to swap in a different company.

ALTISOURCE PORTFOLIO SOLUTIONS S.A. is the larger business by last-quarter revenue ($42.3M vs $23.1M, roughly 1.8× Commercial Bancgroup, Inc.). Commercial Bancgroup, Inc. runs the higher net margin — 41.3% vs -16.8%, a 58.2% gap on every dollar of revenue.

Altisource Portfolio Solutions S.A. is a global provider of integrated technology, data and operational services for the mortgage, real estate and consumer finance sectors. It serves lenders, servicers and investors, offering solutions that streamline asset management and residential property transaction workflows to boost operational efficiency.

Commercial Bancgroup, Inc. operates as a U.S. regional bank holding company that provides a full suite of retail and commercial banking products and services to individual consumers, small and medium-sized businesses, and local institutional clients. Its core offerings include deposit accounts, lending solutions, wealth management, and tailored financial advisory services for regional markets.

ASPS vs CBK — Head-to-Head

Bigger by revenue
ASPS
ASPS
1.8× larger
ASPS
$42.3M
$23.1M
CBK
Higher net margin
CBK
CBK
58.2% more per $
CBK
41.3%
-16.8%
ASPS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ASPS
ASPS
CBK
CBK
Revenue
$42.3M
$23.1M
Net Profit
$-7.1M
$9.5M
Gross Margin
26.5%
Operating Margin
-15.5%
Net Margin
-16.8%
41.3%
Revenue YoY
3.2%
Net Profit YoY
18.2%
9.7%
EPS (diluted)
$-1.02
$0.69

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
ASPS
ASPS
CBK
CBK
Q1 26
$23.1M
Q4 25
$42.3M
$23.5M
Q3 25
$41.9M
$22.8M
Q2 25
$43.3M
Q1 25
$43.4M
Q4 24
$41.0M
Q3 24
$40.5M
Q2 24
$39.1M
Net Profit
ASPS
ASPS
CBK
CBK
Q1 26
$9.5M
Q4 25
$-7.1M
$9.9M
Q3 25
$-2.3M
$9.5M
Q2 25
$16.7M
Q1 25
$-5.3M
Q4 24
$-8.7M
Q3 24
$-9.3M
Q2 24
$-8.3M
Gross Margin
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
26.5%
Q3 25
27.1%
Q2 25
30.1%
Q1 25
30.7%
Q4 24
30.3%
Q3 24
29.8%
Q2 24
32.5%
Operating Margin
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
-15.5%
Q3 25
1.2%
53.8%
Q2 25
7.5%
Q1 25
7.5%
Q4 24
1.4%
Q3 24
2.7%
Q2 24
5.3%
Net Margin
ASPS
ASPS
CBK
CBK
Q1 26
41.3%
Q4 25
-16.8%
42.2%
Q3 25
-5.5%
41.4%
Q2 25
38.5%
Q1 25
-12.1%
Q4 24
-21.3%
Q3 24
-23.0%
Q2 24
-21.1%
EPS (diluted)
ASPS
ASPS
CBK
CBK
Q1 26
$0.69
Q4 25
$-1.02
$0.72
Q3 25
$-0.22
$0.77
Q2 25
$1.48
Q1 25
$-0.09
Q4 24
$-4.72
Q3 24
$-2.61
Q2 24
$-2.33

Balance Sheet & Financial Strength

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

Metric
ASPS
ASPS
CBK
CBK
Cash + ST InvestmentsLiquidity on hand
$26.6M
Total DebtLower is stronger
$191.1M
$118.2M
Stockholders' EquityBook value
$-110.2M
Total Assets
$139.8M
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
$26.6M
Q3 25
$28.6M
$154.8M
Q2 25
$30.0M
Q1 25
$30.8M
Q4 24
$29.8M
Q3 24
$28.3M
Q2 24
$29.7M
Total Debt
ASPS
ASPS
CBK
CBK
Q1 26
$118.2M
Q4 25
$191.1M
$166.8M
Q3 25
$192.5M
$100.1M
Q2 25
$193.9M
Q1 25
$195.0M
Q4 24
$230.5M
Q3 24
Q2 24
Stockholders' Equity
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
$-110.2M
Q3 25
$-104.2M
$245.2M
Q2 25
$-102.7M
Q1 25
$-119.8M
Q4 24
$-157.4M
Q3 24
$-149.4M
Q2 24
$-140.8M
Total Assets
ASPS
ASPS
CBK
CBK
Q1 26
$2.3B
Q4 25
$139.8M
$2.3B
Q3 25
$139.9M
$2.2B
Q2 25
$142.9M
Q1 25
$145.7M
Q4 24
$143.6M
Q3 24
$144.5M
Q2 24
$146.6M
Debt / Equity
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
Q3 25
0.41×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
ASPS
ASPS
CBK
CBK
Operating Cash FlowLast quarter
$-505.0K
Free Cash FlowOCF − Capex
$-525.0K
FCF MarginFCF / Revenue
-1.2%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
$-505.0K
Q3 25
$718.0K
$28.0M
Q2 25
$-306.0K
Q1 25
$-5.0M
Q4 24
$-1.4M
Q3 24
$-1.6M
Q2 24
$180.0K
Free Cash Flow
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
$-525.0K
Q3 25
$697.0K
$26.5M
Q2 25
$-309.0K
Q1 25
$-5.0M
Q4 24
$-1.4M
Q3 24
Q2 24
FCF Margin
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
-1.2%
Q3 25
1.7%
115.8%
Q2 25
-0.7%
Q1 25
-11.5%
Q4 24
-3.4%
Q3 24
Q2 24
Capex Intensity
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
0.0%
Q3 25
0.1%
6.7%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
ASPS
ASPS
CBK
CBK
Q1 26
Q4 25
Q3 25
2.96×
Q2 25
-0.02×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASPS
ASPS

Services$39.9M94%
Revenue Relatedto Technology Platformsand Professional Services$2.4M6%

CBK
CBK

Net Interest Income$20.5M89%
Noninterest Income$2.6M11%

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