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Side-by-side financial comparison of Concrete Pumping Holdings, Inc. (BBCP) and Midland States Bancorp, Inc. (MSBI). Click either name above to swap in a different company.

Concrete Pumping Holdings, Inc. is the larger business by last-quarter revenue ($98.9M vs $79.5M, roughly 1.2× Midland States Bancorp, Inc.). Midland States Bancorp, Inc. runs the higher net margin — 23.2% vs 5.4%, a 17.8% gap on every dollar of revenue. Over the past eight quarters, Concrete Pumping Holdings, Inc.'s revenue compounded faster (4.8% CAGR vs -6.4%).

Concrete Pumping Holdings, Inc. is a leading provider of concrete pumping services and equipment rental solutions across the U.S. and U.K. It serves core construction segments including infrastructure, commercial real estate development, and residential building, supporting efficient, safe concrete placement for projects of all sizes.

Rainier Bancorporation was the Seattle-based parent corporation of Rainier National Bank, a Washington state bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of Anchorage's People's Bank & Trust in 1983 and into Oregon with the purchase of Gresham's Mount Hood Security Bank in 1986, expa...

BBCP vs MSBI — Head-to-Head

Bigger by revenue
BBCP
BBCP
1.2× larger
BBCP
$98.9M
$79.5M
MSBI
Higher net margin
MSBI
MSBI
17.8% more per $
MSBI
23.2%
5.4%
BBCP
Faster 2-yr revenue CAGR
BBCP
BBCP
Annualised
BBCP
4.8%
-6.4%
MSBI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BBCP
BBCP
MSBI
MSBI
Revenue
$98.9M
$79.5M
Net Profit
$5.3M
$18.5M
Gross Margin
43.8%
Operating Margin
17.0%
Net Margin
5.4%
23.2%
Revenue YoY
-3.2%
Net Profit YoY
-43.6%
739.3%
EPS (diluted)
$0.09
$0.74

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
BBCP
BBCP
MSBI
MSBI
Q1 26
$79.5M
Q4 25
$98.9M
$85.6M
Q3 25
$94.2M
$81.1M
Q2 25
$85.2M
$82.2M
Q1 25
$78.0M
$76.1M
Q4 24
$102.1M
$93.9M
Q3 24
$100.6M
$92.7M
Q2 24
$98.7M
$90.9M
Net Profit
BBCP
BBCP
MSBI
MSBI
Q1 26
$18.5M
Q4 25
$5.3M
$-2.9M
Q3 25
$3.7M
$7.6M
Q2 25
$-4.0K
$12.0M
Q1 25
$-2.6M
$-141.0M
Q4 24
$9.4M
$-30.8M
Q3 24
$7.6M
$20.4M
Q2 24
$3.0M
$25.7M
Gross Margin
BBCP
BBCP
MSBI
MSBI
Q1 26
Q4 25
43.8%
Q3 25
42.9%
Q2 25
42.5%
Q1 25
40.0%
Q4 24
45.3%
Q3 24
44.3%
Q2 24
42.3%
Operating Margin
BBCP
BBCP
MSBI
MSBI
Q1 26
Q4 25
17.0%
-5.5%
Q3 25
13.7%
13.9%
Q2 25
9.7%
18.1%
Q1 25
4.5%
-181.2%
Q4 24
18.8%
-66.5%
Q3 24
16.5%
26.9%
Q2 24
12.2%
35.0%
Net Margin
BBCP
BBCP
MSBI
MSBI
Q1 26
23.2%
Q4 25
5.4%
-4.9%
Q3 25
3.9%
9.3%
Q2 25
-0.0%
14.6%
Q1 25
-3.4%
-185.4%
Q4 24
9.2%
-52.5%
Q3 24
7.5%
22.1%
Q2 24
3.1%
28.3%
EPS (diluted)
BBCP
BBCP
MSBI
MSBI
Q1 26
$0.74
Q4 25
$0.09
$-0.22
Q3 25
$0.07
$0.24
Q2 25
$-0.01
$0.44
Q1 25
$-0.06
$-6.58
Q4 24
$0.16
$-1.49
Q3 24
$0.13
$0.83
Q2 24
$0.05
$1.06

Balance Sheet & Financial Strength

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

Metric
BBCP
BBCP
MSBI
MSBI
Cash + ST InvestmentsLiquidity on hand
$44.4M
$89.4M
Total DebtLower is stronger
$417.9M
$33.2M
Stockholders' EquityBook value
$264.8M
$569.5M
Total Assets
$879.5M
$6.5B
Debt / EquityLower = less leverage
1.58×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBCP
BBCP
MSBI
MSBI
Q1 26
$89.4M
Q4 25
$44.4M
$127.8M
Q3 25
$41.0M
$166.1M
Q2 25
$37.8M
$176.6M
Q1 25
$85.1M
$102.0M
Q4 24
$43.0M
$114.8M
Q3 24
$26.3M
$121.9M
Q2 24
$18.0M
$124.6M
Total Debt
BBCP
BBCP
MSBI
MSBI
Q1 26
$33.2M
Q4 25
$417.9M
Q3 25
$417.6M
Q2 25
$417.3M
Q1 25
$417.1M
Q4 24
$373.3M
Q3 24
$372.9M
Q2 24
$372.6M
Stockholders' Equity
BBCP
BBCP
MSBI
MSBI
Q1 26
$569.5M
Q4 25
$264.8M
$565.5M
Q3 25
$261.3M
$584.0M
Q2 25
$261.8M
$573.7M
Q1 25
$260.7M
$571.4M
Q4 24
$321.7M
$710.8M
Q3 24
$314.7M
$771.2M
Q2 24
$308.3M
$736.8M
Total Assets
BBCP
BBCP
MSBI
MSBI
Q1 26
$6.5B
Q4 25
$879.5M
$6.5B
Q3 25
$886.0M
$6.9B
Q2 25
$878.8M
$7.1B
Q1 25
$912.9M
$7.3B
Q4 24
$898.0M
$7.5B
Q3 24
$890.8M
$7.7B
Q2 24
$894.7M
$7.7B
Debt / Equity
BBCP
BBCP
MSBI
MSBI
Q1 26
0.06×
Q4 25
1.58×
Q3 25
1.60×
Q2 25
1.59×
Q1 25
1.60×
Q4 24
1.16×
Q3 24
1.19×
Q2 24
1.21×

Cash Flow & Capital Efficiency

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

Metric
BBCP
BBCP
MSBI
MSBI
Operating Cash FlowLast quarter
$14.5M
Free Cash FlowOCF − Capex
$1.9M
FCF MarginFCF / Revenue
1.9%
Capex IntensityCapex / Revenue
12.7%
Cash ConversionOCF / Net Profit
2.72×
TTM Free Cash FlowTrailing 4 quarters
$17.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBCP
BBCP
MSBI
MSBI
Q1 26
Q4 25
$14.5M
$125.7M
Q3 25
$19.1M
$80.0M
Q2 25
$24.7M
$28.1M
Q1 25
$6.0M
$24.7M
Q4 24
$22.4M
$176.5M
Q3 24
$35.0M
$46.5M
Q2 24
$9.1M
$31.4M
Free Cash Flow
BBCP
BBCP
MSBI
MSBI
Q1 26
Q4 25
$1.9M
$120.3M
Q3 25
$4.3M
$78.6M
Q2 25
$11.1M
$26.7M
Q1 25
$191.0K
$22.9M
Q4 24
$16.1M
$169.6M
Q3 24
$26.4M
$44.4M
Q2 24
$-1.9M
$29.9M
FCF Margin
BBCP
BBCP
MSBI
MSBI
Q1 26
Q4 25
1.9%
140.6%
Q3 25
4.6%
96.9%
Q2 25
13.0%
32.4%
Q1 25
0.2%
30.1%
Q4 24
15.8%
180.6%
Q3 24
26.2%
47.9%
Q2 24
-1.9%
32.9%
Capex Intensity
BBCP
BBCP
MSBI
MSBI
Q1 26
Q4 25
12.7%
6.2%
Q3 25
15.7%
1.7%
Q2 25
16.0%
1.7%
Q1 25
7.5%
2.4%
Q4 24
6.2%
7.3%
Q3 24
8.6%
2.3%
Q2 24
11.2%
1.7%
Cash Conversion
BBCP
BBCP
MSBI
MSBI
Q1 26
Q4 25
2.72×
Q3 25
5.16×
10.58×
Q2 25
2.33×
Q1 25
Q4 24
2.38×
Q3 24
4.63×
2.28×
Q2 24
3.00×
1.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBCP
BBCP

US Concrete Pumping$72.2M73%
US Concrete Waste Management Services$21.3M22%
Other$5.4M5%

MSBI
MSBI

Net Interest Income$57.4M72%
Noninterest Income$22.1M28%

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