vs
Side-by-side financial comparison of BayFirst Financial Corp. (BAFN) and FIRST US BANCSHARES, INC. (FUSB). Click either name above to swap in a different company.
BayFirst Financial Corp. is the larger business by last-quarter revenue ($11.2M vs $10.4M, roughly 1.1× FIRST US BANCSHARES, INC.). FIRST US BANCSHARES, INC. runs the higher net margin — 20.4% vs -22.1%, a 42.5% gap on every dollar of revenue. On growth, FIRST US BANCSHARES, INC. posted the faster year-over-year revenue change (7.1% vs 4.7%). BayFirst Financial Corp. produced more free cash flow last quarter ($285.0M vs $9.1M). Over the past eight quarters, FIRST US BANCSHARES, INC.'s revenue compounded faster (2.6% CAGR vs -30.4%).
The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is one of the largest banks in the US by assets and by number of branches, deposits, and ATMs.
FIRST US BANCSHARES, INC.FUSBEarnings & Financial Report
First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.
BAFN vs FUSB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $11.2M | $10.4M |
| Net Profit | $-2.5M | $2.1M |
| Gross Margin | — | — |
| Operating Margin | -25.3% | 28.1% |
| Net Margin | -22.1% | 20.4% |
| Revenue YoY | 4.7% | 7.1% |
| Net Profit YoY | -125.2% | 24.2% |
| EPS (diluted) | $-0.71 | $0.36 |
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.
| Q4 25 | $11.2M | $10.4M | ||
| Q3 25 | $10.2M | $10.5M | ||
| Q2 25 | $23.1M | $10.3M | ||
| Q1 25 | $19.8M | $9.8M | ||
| Q4 24 | $32.9M | $9.7M | ||
| Q3 24 | $21.7M | $10.1M | ||
| Q2 24 | $20.8M | $10.0M | ||
| Q1 24 | $23.0M | $9.9M |
| Q4 25 | $-2.5M | $2.1M | ||
| Q3 25 | $-18.9M | $1.9M | ||
| Q2 25 | $-1.2M | $155.0K | ||
| Q1 25 | $-335.0K | $1.8M | ||
| Q4 24 | $9.8M | $1.7M | ||
| Q3 24 | $1.1M | $2.2M | ||
| Q2 24 | $866.0K | $2.1M | ||
| Q1 24 | $824.0K | $2.1M |
| Q4 25 | -25.3% | 28.1% | ||
| Q3 25 | -253.0% | 23.9% | ||
| Q2 25 | -7.1% | 1.6% | ||
| Q1 25 | -2.3% | 23.8% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | 7.1% | 29.2% | ||
| Q2 24 | 5.9% | 27.4% | ||
| Q1 24 | 5.1% | 27.8% |
| Q4 25 | -22.1% | 20.4% | ||
| Q3 25 | -184.7% | 18.4% | ||
| Q2 25 | -5.3% | 1.5% | ||
| Q1 25 | -1.7% | 18.1% | ||
| Q4 24 | 91.8% | 17.6% | ||
| Q3 24 | 5.2% | 22.0% | ||
| Q2 24 | 4.2% | 21.2% | ||
| Q1 24 | 3.6% | 21.3% |
| Q4 25 | $-0.71 | $0.36 | ||
| Q3 25 | $-4.66 | $0.32 | ||
| Q2 25 | $-0.39 | $0.03 | ||
| Q1 25 | $-0.17 | $0.29 | ||
| Q4 24 | $2.21 | $0.29 | ||
| Q3 24 | $0.18 | $0.36 | ||
| Q2 24 | $0.12 | $0.34 | ||
| Q1 24 | $0.11 | $0.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $207.0M | $73.5M |
| Total DebtLower is stronger | — | $10.9M |
| Stockholders' EquityBook value | $87.6M | $105.6M |
| Total Assets | $1.3B | $1.2B |
| Debt / EquityLower = less leverage | — | 0.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $207.0M | $73.5M | ||
| Q3 25 | $118.5M | $54.7M | ||
| Q2 25 | $77.3M | $54.0M | ||
| Q1 25 | $63.2M | $56.0M | ||
| Q4 24 | $77.8M | $47.2M | ||
| Q3 24 | $64.4M | $82.3M | ||
| Q2 24 | $60.8M | $58.2M | ||
| Q1 24 | $57.5M | $60.2M |
| Q4 25 | — | $10.9M | ||
| Q3 25 | — | $10.9M | ||
| Q2 25 | — | $10.9M | ||
| Q1 25 | — | $10.9M | ||
| Q4 24 | — | $10.9M | ||
| Q3 24 | — | $10.9M | ||
| Q2 24 | — | $10.8M | ||
| Q1 24 | — | $10.8M |
| Q4 25 | $87.6M | $105.6M | ||
| Q3 25 | $89.7M | $104.2M | ||
| Q2 25 | $108.2M | $101.9M | ||
| Q1 25 | $110.1M | $101.2M | ||
| Q4 24 | $110.9M | $98.6M | ||
| Q3 24 | $102.3M | $98.5M | ||
| Q2 24 | $101.0M | $93.8M | ||
| Q1 24 | $100.6M | $92.3M |
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.3B | $1.1B | ||
| Q4 24 | $1.3B | $1.1B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | $1.1B | $1.1B |
| Q4 25 | — | 0.10× | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.11× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $285.3M | $12.3M |
| Free Cash FlowOCF − Capex | $285.0M | $9.1M |
| FCF MarginFCF / Revenue | 2554.2% | 87.2% |
| Capex IntensityCapex / Revenue | 2.7% | 31.1% |
| Cash ConversionOCF / Net Profit | — | 5.79× |
| TTM Free Cash FlowTrailing 4 quarters | $469.5M | $16.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $285.3M | $12.3M | ||
| Q3 25 | $47.3M | $4.2M | ||
| Q2 25 | $63.3M | $3.9M | ||
| Q1 25 | $74.2M | $1.8M | ||
| Q4 24 | $390.5M | $7.8M | ||
| Q3 24 | $90.8M | $1.9M | ||
| Q2 24 | $78.8M | $2.5M | ||
| Q1 24 | $123.5M | $825.0K |
| Q4 25 | $285.0M | $9.1M | ||
| Q3 25 | $47.3M | $3.6M | ||
| Q2 25 | $63.1M | $1.6M | ||
| Q1 25 | $74.1M | $1.7M | ||
| Q4 24 | $388.8M | $5.7M | ||
| Q3 24 | $90.5M | $1.3M | ||
| Q2 24 | $78.4M | $2.3M | ||
| Q1 24 | $122.5M | $-142.0K |
| Q4 25 | 2554.2% | 87.2% | ||
| Q3 25 | 462.2% | 34.2% | ||
| Q2 25 | 272.7% | 16.0% | ||
| Q1 25 | 375.1% | 17.2% | ||
| Q4 24 | 1180.9% | 58.2% | ||
| Q3 24 | 416.5% | 12.7% | ||
| Q2 24 | 376.1% | 23.5% | ||
| Q1 24 | 532.5% | -1.4% |
| Q4 25 | 2.7% | 31.1% | ||
| Q3 25 | 0.1% | 5.9% | ||
| Q2 25 | 0.8% | 21.8% | ||
| Q1 25 | 0.4% | 0.7% | ||
| Q4 24 | 5.1% | 21.6% | ||
| Q3 24 | 1.5% | 6.6% | ||
| Q2 24 | 1.9% | 2.0% | ||
| Q1 24 | 4.4% | 9.8% |
| Q4 25 | — | 5.79× | ||
| Q3 25 | — | 2.18× | ||
| Q2 25 | — | 25.16× | ||
| Q1 25 | — | 0.99× | ||
| Q4 24 | 39.95× | 4.53× | ||
| Q3 24 | 79.85× | 0.87× | ||
| Q2 24 | 90.94× | 1.20× | ||
| Q1 24 | 149.92× | 0.39× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
