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Side-by-side financial comparison of BEASLEY BROADCAST GROUP INC (BBGI) and MERCANTILE BANK CORP (MBWM). Click either name above to swap in a different company.

MERCANTILE BANK CORP is the larger business by last-quarter revenue ($67.6M vs $53.1M, roughly 1.3× BEASLEY BROADCAST GROUP INC). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs -358.4%, a 392.0% gap on every dollar of revenue. Over the past eight quarters, MERCANTILE BANK CORP's revenue compounded faster (9.1% CAGR vs -1.2%).

Beasley Broadcast Group, Inc., based in Naples, Florida, is an owner/operator of radio stations in the United States. As of September 2025, the company owns 54 stations under the Beasley Media Group name.

Tamilnad Mercantile Bank Limited (TMB) is an Indian bank headquartered at Thoothukudi, Tamil Nadu. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. The bank currently has 600 full branches throughout India, 12 regional offices and two link offices, two central processing centres, one service branch, four currency chests, 48 eLobby centres, 262 cash recycler machines and 1151 automated ...

BBGI vs MBWM — Head-to-Head

Bigger by revenue
MBWM
MBWM
1.3× larger
MBWM
$67.6M
$53.1M
BBGI
Higher net margin
MBWM
MBWM
392.0% more per $
MBWM
33.6%
-358.4%
BBGI
Faster 2-yr revenue CAGR
MBWM
MBWM
Annualised
MBWM
9.1%
-1.2%
BBGI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BBGI
BBGI
MBWM
MBWM
Revenue
$53.1M
$67.6M
Net Profit
$-190.1M
$22.7M
Gross Margin
Operating Margin
-433.6%
Net Margin
-358.4%
33.6%
Revenue YoY
-21.2%
Net Profit YoY
-9136.7%
16.1%
EPS (diluted)
$-105.71
$1.32

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
BBGI
BBGI
MBWM
MBWM
Q1 26
$67.6M
Q4 25
$53.1M
$62.1M
Q3 25
$51.0M
$62.4M
Q2 25
$53.0M
$60.9M
Q1 25
$48.9M
$57.3M
Q4 24
$67.3M
$58.5M
Q3 24
$58.2M
$58.0M
Q2 24
$60.4M
$56.8M
Net Profit
BBGI
BBGI
MBWM
MBWM
Q1 26
$22.7M
Q4 25
$-190.1M
$22.8M
Q3 25
$-3.6M
$23.8M
Q2 25
$-154.2K
$22.6M
Q1 25
$-2.7M
$19.5M
Q4 24
$-2.1M
$19.6M
Q3 24
$-3.6M
$19.6M
Q2 24
$-276.0K
$18.8M
Operating Margin
BBGI
BBGI
MBWM
MBWM
Q1 26
Q4 25
-433.6%
42.0%
Q3 25
-1.1%
44.0%
Q2 25
5.5%
42.6%
Q1 25
-4.1%
42.0%
Q4 24
11.3%
39.7%
Q3 24
2.1%
42.4%
Q2 24
8.9%
41.4%
Net Margin
BBGI
BBGI
MBWM
MBWM
Q1 26
33.6%
Q4 25
-358.4%
36.8%
Q3 25
-7.0%
38.1%
Q2 25
-0.3%
37.1%
Q1 25
-5.5%
34.1%
Q4 24
-3.1%
33.5%
Q3 24
-6.1%
33.8%
Q2 24
-0.5%
33.1%
EPS (diluted)
BBGI
BBGI
MBWM
MBWM
Q1 26
$1.32
Q4 25
$-105.71
$1.41
Q3 25
$-1.97
$1.46
Q2 25
$-0.09
$1.39
Q1 25
$-1.50
$1.21
Q4 24
$-1.23
$1.20
Q3 24
$-2.33
$1.22
Q2 24
$-0.18
$1.17

Balance Sheet & Financial Strength

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

Metric
BBGI
BBGI
MBWM
MBWM
Cash + ST InvestmentsLiquidity on hand
$9.9M
Total DebtLower is stronger
$1.5M
Stockholders' EquityBook value
$-49.3M
$736.9M
Total Assets
$299.3M
$6.9B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBGI
BBGI
MBWM
MBWM
Q1 26
Q4 25
$9.9M
Q3 25
$14.3M
Q2 25
$13.7M
Q1 25
$12.2M
Q4 24
$13.8M
Q3 24
$27.8M
Q2 24
$33.3M
Total Debt
BBGI
BBGI
MBWM
MBWM
Q1 26
$1.5M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$247.1M
Q3 24
$265.2M
Q2 24
$264.9M
Stockholders' Equity
BBGI
BBGI
MBWM
MBWM
Q1 26
$736.9M
Q4 25
$-49.3M
$724.9M
Q3 25
$141.0M
$657.6M
Q2 25
$144.5M
$631.5M
Q1 25
$144.6M
$608.3M
Q4 24
$147.2M
$584.5M
Q3 24
$145.8M
$583.3M
Q2 24
$149.1M
$551.2M
Total Assets
BBGI
BBGI
MBWM
MBWM
Q1 26
$6.9B
Q4 25
$299.3M
$6.8B
Q3 25
$534.6M
$6.3B
Q2 25
$548.0M
$6.2B
Q1 25
$539.3M
$6.1B
Q4 24
$549.2M
$6.1B
Q3 24
$571.5M
$5.9B
Q2 24
$573.2M
$5.6B
Debt / Equity
BBGI
BBGI
MBWM
MBWM
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.68×
Q3 24
1.82×
Q2 24
1.78×

Cash Flow & Capital Efficiency

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

Metric
BBGI
BBGI
MBWM
MBWM
Operating Cash FlowLast quarter
$-3.2M
Free Cash FlowOCF − Capex
$-4.4M
FCF MarginFCF / Revenue
-8.3%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-13.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBGI
BBGI
MBWM
MBWM
Q1 26
Q4 25
$-3.2M
$18.0M
Q3 25
$-4.9M
$23.1M
Q2 25
$3.1M
$-7.8M
Q1 25
$-3.5M
$-3.0M
Q4 24
$-1.5M
$101.1M
Q3 24
$-4.8M
$-8.1M
Q2 24
$6.6M
$9.1M
Free Cash Flow
BBGI
BBGI
MBWM
MBWM
Q1 26
Q4 25
$-4.4M
Q3 25
$-7.1M
Q2 25
$2.5M
Q1 25
$-4.3M
Q4 24
$-1.9M
Q3 24
$-5.4M
Q2 24
$5.6M
FCF Margin
BBGI
BBGI
MBWM
MBWM
Q1 26
Q4 25
-8.3%
Q3 25
-14.0%
Q2 25
4.7%
Q1 25
-8.7%
Q4 24
-2.8%
Q3 24
-9.3%
Q2 24
9.2%
Capex Intensity
BBGI
BBGI
MBWM
MBWM
Q1 26
Q4 25
2.3%
Q3 25
4.4%
Q2 25
1.1%
Q1 25
1.6%
Q4 24
0.6%
Q3 24
1.1%
Q2 24
1.7%
Cash Conversion
BBGI
BBGI
MBWM
MBWM
Q1 26
Q4 25
0.79×
Q3 25
0.97×
Q2 25
-0.35×
Q1 25
-0.15×
Q4 24
5.15×
Q3 24
-0.41×
Q2 24
0.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBGI
BBGI

Audio Advertising$40.5M76%
Digital Advertising$12.6M24%

MBWM
MBWM

Net Interest Income$55.9M83%
Noninterest Income$11.7M17%

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